SIGMA ADVANCED SYSTEMS LIMITED — Interim / Quarterly Report 2021

Oct 30, 2020

CIN : 172200TN1999P1C042730 My Home Hub, 1st Floor, Block-3, i Madhaeur' Hvd;:aJnt;j1,t"1,11: +91 (40) 4033 0000; Fax : +91 (40) 4013 3555 website : www.megasoft.com

30th October,2O2O

To

Bombay Stock Exchange Limited Phiroze f eefee Bhoy Towers Dalal Street, Fort Mumbai 400001 Scrip Code: 532408

National Stock Exchange of India Limited Exchange Plaza Bandra-Kurla Complex, Bandra(E) Mumbai 400051 Symbol: MEGASOFT

Sub.: Outcome of the Board Meeting held on October 30,2020,

Dear Sir(s),

We refer to our letter dated October 22, 2020 intimating you of the convening of the Meeting of the Board of Directors of our Company. In this regard, we wish to inform that the Board of Directors of our Company met today & approved the Unaudited Financial Results of the Company (both Standalone and Consolidated) for the quarter and half year ended on September 30, 2020in the format prescribed under Regulation 33 of the SEBI (LODR) Regulations, 201.5 and pursuant to SEBI Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016.In this connection we enclose the following:

• a. Standalone Unaudited Financial Results for the quarter and half year ended September 30, 2020.
• b, Auditors' Limited Review Report on above Standalone unaudited financial results.
• c, Consolidated Unaudited Financial Results for the quarter and half year ended September 30,2020.
• d. Auditors' Limited Review Report on above consolidated unaudited financial results.
• e. Statement of Assets and Liabilities [both Standalone and Consolidated) as on September 30,2020
• t. Statement of Cash Flow Statement (both Standalone and Consolidated) for half year ended on September 30,2020

Pursuant to Regulation 47 of the SEBI (LODRJ Regulations, 2015 and above mentioned SEBI circular, we would be publishing an extract of the financial results in the prescribed format in English and Tamil Newspapers within the stipulated time, The financial results (Standalone & Consolidated) would be available on the website of the o Company i.e. at h..ttp://megas.oft.com/inv.e.stor-services.html and also on the websites of the stock exchanges i.e. www.bseindia.com and www.nseindia.com.

We further wish to inform that the Meeting of the Board of Directors of the Company commenced at 10:00 a.m. and concluded at tZ p.m.

Kindly take the information on record.

Thanking you,

For Megasoft Limited

,( n-

G V Kumar Managing Director and CEO

Megqsoft Limited

Registered Office: #85, Kutchery Road, Mylapore, Chennai, India - 600 004

Corporate Office :01st Floor, Block-3, My Home Hub, Madhapul, Hyderabad - 500081. Telangana, India.

Unaudited Financial Results For Quarter and Half Year Ended on September 3O,2O2O

CfN: L72200TN1999PLC042730, Phone: +91-44-24616768 Fax: +91.44-24617810, Emait: investors@megasoft,com ,*Tl (Rs) In takhs

Standalone Year ended r:::l Revenue from Operations 404.43 450.23 427.66 854.66 870.42 2,034.4C tl Other Income 127.07 148.38 199,75 275.45 303.11 650.28 ill Total Revenue (l + ll) 531.50 598.61 627.47 1,130.11 t,773.53 2,684.68 Expenses: a Cost of materials consumed 6.70 6.70 16.72 13.40 51.31 102.33 o Purchases of Stock-in-Trade L Changes in inventories of finished 3oods, Stock-in-Trade and work-inlrosress o Emplovee benefits expense 207.70 200.80 197.22 408.50 403.85 775.73 Finance costs 75.75 64.45 102.54 r40.24 186.72 366.67 f Depreciation and amortisation exoense 82.35 94.24 85.21 L76.59 170.89 344.73 Other expenses 130 00 125.06 215.80 255.06 327.63 7,043.26 Total Expenses (lV) 502.50 491.25 6L7.49 993.75 1,139.8( 2,632.73 V Profit/ (Lossl before exceptional items rnd tax (lll - lV) 29.00 107.36 9.92 136.3€ 33.72 51.94 Exceptional items Profit/ (Loss) after exceptional items lnd before tax (V - Vl) 29.00 r07.36 9.92 136.36 33.73 51.94 Tax expense: a Current tax o Deferred tax (3.78) X Total tax exDenses (3.78) X Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement XI Profit (Loss| for the period from continuing operations (Vll-lX+X) 29.00 107.36 9.92 136.36 33.73 55.73 X Profit/(loss) f rom discontin ued operations X Tax exoense of discontinued coerations XV Profit/( loss) from Discontin ued operations (after tax) (Xll-Xlll)

n /7) \ A-( I

Share of profit (loss) of associates andoint ventures accounted for using
Profit (Loss) for the period (Xl +
A 1. ltems that will not be reclassified
2. Income tax relating to these items
B. 1. ltems that will be reclassified to
2. Income tax relating to these items
Total Comprehensive income for the
Total profit or loss, attributable to
Profit/loss attributable to owners of
Total profit/loss attributable to nontrolling interests
Total Comprehensive income for the
Comorehensive income for the oeriodributable to owners of parent
Total comprehensive income for theperiod attributable to owners of parentnon-controlling interests
(face value of the share shall beindicated)
Reserves excluding revaluation reserve
Earnings per equity share for
Basic earnings (loss) per share from
Diluted earnings (loss) per share from
Earnings per equity share for
Basic earnings (loss) per share fromdiscontinued ooerations
Diluted earnings (loss) per share fromdiscontinued ooerations

	Basic earnings (loss) per share fromcontinuing and discontinued operations	0.07	0.24	0.02	0.31	0.08	0.13
	Diluted earnings (loss) per share fromcontinuing and discontinued operations	0.07	0.24	0.02	0.31	0.08	0.13
XXVI	Disclosure of notes on financial results
				G			For Megasoft Limited
				m$\sigma$	$\omega$$\Omega$	ワーマー	GV KUMAR
	Date: 30.10.2020				MC.ASCOP		CEO & Managing Director
	Place: Hyderabad

N.C. RAJAGOPAL & CO., CHARTERED ACCOUNTANTS

Partners:

N.C. SUNDARARAJAN, F.C.A. G.N. GOPALARATHNAM, B.Sc., F.C.A., DISA V. ANANTHARAMAN, B.Com., F.C.A. M.V. RENGARAJAN, N.D.COM., F.C.A.

1. V. KRISHNASWAMY AVENUE. LUZ CHURCH ROAD, MYLAPORE, CHENNAI - 600 004.

SUMITHRA RAVICHANDRAN, B.Sc., F.C.A. N.C. VIJAYKUMAR, B.Com., F.C.A., DISA V. CHANDRASEKARAN, B.Com., F.C.A. N. SUNDAR, B.Sc., F.C.A., DISA ARJUN.S. B.Com., F.C.A.

Date:

Independent Auditor's Review Report On Standalone Unaudited Ouarterly and Year to Date Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Review report to The Board of Directors of Megasoft Limited

We have reviewed the accompanying statement of unaudited financial results of Megasoft Ltd for the period ended 30th September 2020. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on these financial statements based on our review.

We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

For N.C. Rajagopal & Co., Chartered Accountants (Firm Regn No.003398S)

Partner (Membership No. 230448) UDIN: 20230448AAAAACJ9297

Place : Chennai Date $: 30/10/2020$

Phone: +91 44 2499 1569 / 2499 3056, 2499 1095 2498 7746 / 2498 6170 E-mail : ncrajagopal@gmail.com

$: +91$ 44 2499 1485, 2498 8682 Facsimile Branches at: Chennai - 6, Salem & Erode

Megasoft Limited

Registered Office: #85, Kutchery Road, Mylapore, Chennai, India - 600 004

Corporate Office : 01st Floor, Block-3, My Home Hub, Madhapur, Hyderabad - 500081. Telangana, India.

Unaudited Financial Results For Quarter and Half Year Ended on September 30,2020

CIN: L72200TN1999PLC042730, Phone: +91-44-24616768 Fax: +91-44-24617810, Email: investors@megasoft.com

rart II							(Rs) In Lakhs
	Particulars :				Consolidated
			Quarter Ended		Year to date		Year ended
		30/09/2020(Unaudited)	30/06/2020(Unaudited)	30/09/2019(Unaudited)	30/09/2020(Unaudited)	30/09/2019(Unaudited)	31/03/2020(Audited)
	Revenue from Operations	1,537.58	1,350.01	1,230.66	2,887.59	2,487.14	5,673.26
Ш	Other Income	127.07	148.38	199.75	275.45	303.11	650.28
Ш	Total Revenue (I + II)	1,664.65	1,498.39	1,430.41	3,163.04	2,790.25	6,323.54
$\mathsf{IV}$	Expenses:
a	Cost of materials consumed	553.40	400.27	332.89	953.67	630.72	1,644.82
b	Purchases of Stock-in-Trade
C	Changes in inventories of finishedgoods, Stock-in-Trade and work-in-
d	Employee benefits expense	333.64	310.74	311.64	644.38	631.50	1,246.41
e	Finance costs	138.34	133.62	190.56	271.96	339.60	682.82
f	Depreciation and amortisation exp	109.72	121.14	132.87	230.86	268.48	437.58
g	Other expenses	456.40	455.92	451.03	912.32	806.84	2,244.98
	Total Expenses (IV)	1,591.50	1,421.69	1,418.99	3,013.18	2,677.14	6,256.61
V	Profit/ (Loss) before exceptional itemsand tax (III - IV)	73.15	76.70	11.42	149.86	113.11	66.93
V 1	Exceptional items
VII	Profit/ (Loss) after exceptional itemsand before tax (V - VI)	73.15	76.70	11.42	149.86	113.11	66.93
VIII	Tax expense:
a	Current tax
b	Deferred tax	0.01			0.01		(3.78)
X	Total tax expenses						(3.78)
X	Net movement in regulatory deferralaccount balances related to profit orloss and the related deferred taxmovement
XI	Profit (Loss) for the period fromcontinuing operations (VII-IX+X)	73.14	76.70	11.42	149.85	113.11	70.71
XII	Profit/(loss) from discontinuedoperations
XIII	Tax expense of discontinuedoperations
XIV	Profit/(loss) from Discontinuedoperations (after tax) (XII-XIII)
XV	Share of profit (loss) of associates andjoint ventures accounted for usingequity method
XVI	Profit (Loss) for the period $(XI +$XIV+XV)	73.14	76.70	11.42	149.85	113.11	70.71
XVII	Other Comprehensive Income
	A 1. Items that will not be reclassifiedto profit or loss:
	i) Remeasurements of post						(0.10)
	(ii) Changes n Royaluation Surnlus

i.

Ō a.

	2. Income tax relating to these items
	B. 1. Items that will be reclassified to
	profit or loss:
	i) fair value Changes in Equity
	instruments through OCI2. Income tax relating to these items
XVIII	Total Comprehensive income for the	73.14	76.70	11.42	149.85	113.11	70.61
	year (XVI+XVII)
XIX	Total profit or loss, attributable toProfit/loss attributable to owners of
	parent
	Total profit/loss attributable to non-
	controlling interests
XX	Total Comprehensive income for the
	period attributable to
	Comprehensive income for the period
	attributable to owners of parent
	Total comprehensive income for the
	period attributable to owners of parent
	non-controlling interests
XXI	Details of equity share capital
	a Paid-up equity share capital	4,426.73	4,426.73	4,426.73	4,426.73	4,426.73	4,426.73
ЪI	(face value of the share shall be	10.00	10.00	10.00	10.00	10.00	10.00
	indicated)
XXII	Details of debt securities
XXIII	Reserves excluding revaluation	6,944.32	6,908.54	6,796.97	6,944.32	6,796.97	6,836.52
XXIV	reserveDebenture redemption reserve
XXV	Earnings per share:
a	Earnings per equity share for
	continuing operations
	Basic earnings (loss) per share from	0.17	0.17	0.03	0.34	0.26	0.16
	continuing operations
	Diluted earnings (loss) per share from	0.17	0.17	0.03	0.34	0.26	0.16
	continuing operations
b	Earnings per equity share fordiscontinued operations
	Basic earnings (loss) per share from
	discontinued operations
	Diluted earnings (loss) per share from
	discontinued operations
c	Earnings per equity share
	Basic earnings (loss) per share from	0.17	0.17	0.03	0.34	0.26	0.16
	continuing and discontinued operations
	Diluted earnings (loss) per share from	0.17	0.17	0.03	0.34	0.26	0.16
	continuing and discontinued operations
XXVI	Disclosure of notes on financial results
							For Megasoft Limited
					ᢐ		GV KUMARCEO & Managing Director

Date: 30.10.2020Place: Hyderabad

$\frac{1}{6}$

NOTES:

• 1. The above results were reviewed by the Audit / Risk & Compliance Committee and approved by the Board of Directors at their meeting on 30th October 2020.
• 1. The Company has a single reportable segmen! that of telecom and has been disclosed in accordance with SEBI (L0DR) regulation, 2015.
• Previous periods' figures have been rearranged wherever necessary to conform to the current period classifications/ disclosures. 3.
• Pursuant to the provisions of the SEBI Listing Regulations, an extract of Standalone & Consolidated financial results is being published in the newspapers. The Standalone and Consolidated Unaudited financial results will be made available on the company's website i.e. at http://megasoft.com/investor-services.html and also on the websites of the stock exchanges i.e, ranaaru.bseindia. com and www.nseindia.com. 4.

N.C. RAJAGOPAL & CO., CHARTERED ACCOUNTANTS

Partners:

Ref :

N.C. SUNDARARAJAN, F.C.A. G.N. GOPALARATHNAM, B.Sc., F.C.A., DISA V. ANANTHARAMAN, B.Com., F.C.A. M.V. RENGARAJAN, N.D.COM., F.C.A.

22 V KRISHNASWAMY AVENUE. LUZ CHURCH ROAD, MYLAPORE, CHENNAI - 600 004.

SUMITHRA RAVICHANDRAN, B.Sc., F.C.A. N.C. VIJAYKUMAR, B.Com., F.C.A., DISA V. CHANDRASEKARAN, B.Com., F.C.A. N. SUNDAR, B.Sc., F.C.A., DISA ARJUN.S.B.Com., F.C.A.

Date:

Independent Auditor's Review Report On consolidated unaudited quarterly and year to date financial results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Review report to

Board of Directors of Megasoft Limited

1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of Megasoft Limited ("The Company') ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group") for the quarter ended $30th$ September 2020 and for the period from 1st April 2020 to 30th September 2020 ("the Statement"), being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Attention is drawn to the fact that the consolidated figures for the corresponding quarter ended 30th September 2020 and the corresponding period from 1st April 2020 to 30th September 2020, as reported in these financial results have been approved by the Parent's Board of Directors, but have not been subjected to review.

2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations IAGOPA 2015, as amended, to the extent applicable.

Phone: +91 44 2499 1569 / 2499 3056, 2499 1095 2498 7746 / 2498 6170 E-mail : ncrajagopal@gmail.com

$: +9144249$ Branches at : Chennal - 6, Salem & Erode

Facsimile

1. The Statement includes the results of the following entities:

• a. MegasoftConsultants SDN BHD
• b. XIUS Holding Corp
• c. XIUS Corp
• d. XIUS DE RL DE CV

1. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statemen! prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,20IS, as amended, including the mannet in which it is to be disclosed, or that it contains any malerial misstaternent

2. We did not review the interin financial results of 4 subsidiaries included in the consolidated unaudited financial results, whose interim financial results reflect total assets of Rs 7,457.40 lakhs as at 30d, Septernber 2020 and total revenues of Rs. 2,69+.26lakhs and total net profit after tax of Rs. 13.50 lakhs and tatal comprehensive income of 13.50 lakhs, for the quarter ended 30m September 2020 and for the period tiom L't April 2020 to 30th September 2020 respectiuely, and cash flows of Rs. (49.76J lakhs for the period from 1"t April 2020 to 30th Septenrber' 2020, as considered in the consolidated unaudited flnancial results. The consolidated unaudited financial results also includes the Group's share of net profit after tax of Rs. 13.50 lakhs for the quarter ended 30th September Z02O and for the period from L', April 2020 to 30tt' September 2020, respectively. These interim financial results and other informa[ion of foreign sr.rbsidiaries have been reviewed by other auditors whose reporLs have been furnished to us by the management and our conclusion on the statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based solely on the reports of the other auditors and the procedures performed by us stated in paragraph 3 above.

Our conclusion on the Statement is not modified in respect of the above matter.

Fol N.C. Rajagopal & Co., Chartered Accountants

(Firm Regn No^003398SJ JY

Place Date : Chennai :30/10/202a

Arlun S Partner [Membership No. 230a48] UDIN : 20230448AAAAC K9925

Megqsoft Limited

Registered Office: #85, Kutchery Road, Mylapore, Chennai, India - 600 004

Corporate Office : 01st Floor, Block-3, My Home Hub, Madhapur, Hyderabad - 500081. Telangana, India.

Unaudited Financial Results For The Quarter and Half year ended on September 30,2020 CfN: L72200TN1999PLC042730, Phone: +91-44-24616768 Fax: +9'144-24617810, Email: investors@megasoft.com

	Unaudited Financial Statement of Asset and LiabilitiesParticulars	Standalone		Consolidated
		As at	As at	As at	As at
		30.09.2020	31.03.2020	30.09.2020	31.03.2020
	Assets
L	Non-current assets
	Property, plant and equipment	Iff,SAf .SO	13,468.80	'1.6,644.4L	L6,339.29
	Capita I work-in-progress
	Investment propertv
	Goodwill	-		7,936.12	7,936.12
	Other intansible assets
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equitymethod
	Non-current financial assets
	Non-current investments	3,395.70	3,395.70
	Loans	-
	Irade receiva bles, non-current
	Other non-current financial assets	IfZS.gS	t37.39	L25.62	r37.39
	Iotal non-current financial assets	Ig,sZf.sS	3.533.09	Lzs.62	137.39
	Deferred tax assets (net)	St.Zg	6t.28	60.73	60.75
	Jther non-current assets	6,368.92	6,350.59	18.33
	lotal non-current assets	23,833.03	23,413.76	24,785.27	24,473.55
2	Current assets
	Inve nto ries
	Current financial asset
	3urrent investments
	Irade receivables, current	Ig,8Sg.gO	4,456.t4	4,989.54	5,933.22
	Sash and cash equivalents	Ifg.SS	LL.77	635.47	583.57
	Bank balance otherthan cash and cash IequivalentsI	33.05	33.0s	33.05	33.05
	Loans, current
	Jther current financial assets
	Iotal current financial assets	Ig.gOS.Z0	4,500.90	5,658.06	6,549.84
	3urrent tax assets (net)	595.82	57162	597.68	572.81
	Jther current assetsK-l	UTAIN639.70	582.05	2,002.73	L,530.09

v) G c', lO tA'

(Rsl In lakhs

	Total current assets	5,143.22	5,654.57	8,258.47	8,652.74
$\overline{3}$	Non-current assets classified as held forsale
$\overline{4}$	Regulatory deferral account debit		$\overline{\phantom{a}}$
	balances and related deferred tax Assets
	Total assets	28,976.25	29,068.33	33,043.68	33,126.29
	Equity and liabilities
$\mathbf{1}$	Equity
	Equity attributable to owners of parent
	Equity share capital	4,426.73	4,426.73	4,426.73	4,426.73
	Other equity	10,532.57	10,396.21	9,718.04	9,610.25
	Total equity attributable to owners ofparent	14,959.30	14,822.94	14, 144. 77	14,036.98
	Non controlling interest
	Total equity	14,959.30	14,822.94	14,144.77	14,036.98
$\overline{2}$	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	ω,	¥
	Trade payables, non-current
	Other non-current financial liabilities	2,020.53	1,432.04	2,020.53	1,432.04
	Total non-current financial liabilities	2,020.53	1,432.04	2,020.53	1,432.04
	Provisions, non-current	129.94	129.94	129.94	129.94
	Deferred tax liabilities (net)	$\overline{\phantom{a}}$	-
	Deferred government grants, Non-
	current
	Other non-current liabilities
	Total non-current liabilities	2,150.47	1,561.98	2,150.47	1,561.98
	Current liabilities
	Current financial liabilities
	Borrowings, current	487.95	847.92	3,531.55	3,964.65
	Trade payables, current	1,004.35	1,181.03	1,143.34	1,210.62
	Other current financial liabilities	215.71	158.64	1,887.38	1,833.78
	Total current financial liabilities	1,708.01	2,187.59	6,562.27	7,009.05
	Other current liabilities	9,352.41	9,635.47	9,380.11	9,657.93
	Provisions, current	806.06	860.35	806.06	860.35
	Current tax liabilities (Net)Deferred government grants, Current
	Total current liabilities	11,866.48	12,683.41	16,748.44	17.527.33

$L_{L}$ BI le d

$\frac{1}{2}$

	Place: Hyderabad				CEO & Managing Director
	Date: 30.10.2020				GV Kumar
				$\cdot$ $\checkmark$ .
	For Megasoft Limited
	Disclosure of notes on assets andliabilities
	Total equity and liabilites	28,976.25	29,068.33	33,043.68	33,126.29
	Total liabilities	14,016.95	14,245.39	18,898.91	19,089.31
$\overline{4}$	Regulatory deferral account creditbalances and related deferred tax liability
3	Liabilities directly associated with assetsin disposal group classified as held forsale

	MEGASOFT LIMITED
		Rs in Lakhs
	Cash Flow Statement
	CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 30.09.2020-Standalone
	Particulars	[Amount In Rs]
		30.09.2020
A.	Cash flow from Operating Activities
	Net Profit Before Tax
	٠	136.36
	Adjusted for:
	Depreciation	176.59
	Adjustments arising out of ROU Assets	(15.47)
	Interest Income	(14.73)
	Interest & Bank Charges	140.20
	Unrealised Foreign Exchange Fluctuation	(3.09)
	Operating Profit Before Working Capital Changes	419.87
	Adjusted for:
	Trade and other Receivables	599.42
	Trade and other payables	(405.61)
	Current, Non current assets and other financial assets	(89.40)
	Cash Generated from operations	524.28
	Current Tax
	Deferred Tax
	Net Cash from / (Used in) Operating Activities [A]	524.28
B.	Cash Flow from Investing activities
	Purchase of Fixed Assets	(36.70)
	Interest Income	14.73
	Net Cash from / (Used in) Investing Activities [B]	(21.97)
$\mathbf{C}$	Cash flow from Financial Activities
	Decrease on Short Term Borrowings	(359.96)
	Interest & Bank Charges	(140.20)
	Net Cash flow from/(Used in) Financing Activities [C]	(500.17)
	Net Cash Flows during the year {A+B+C}	2.14
	Cash & Cash Equivalents (Opening Balance)	11.71
	Cash & Cash Equivalents (Closing Balance)	13.85

ţ

	MEGASOFT LIMITED
	Cash Flow Statement	Rs in Lakhs
	CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 30.09.2020- Consolidated
	Particulars	[Amount In Rs]
		30.09.2020
А.	Cash flow from Operating Activities
	Net Profit Before Tax	149.86
	Adjusted for:
	Depreciation	230.86
	Adjustments arising out of ROU Assets	(15.47)
	Interest Income	(14.73)
	Interest & Bank Charges	271.96
	Unrealised Foreign Exchange Fluctuation	(42.07)
	Operating Profit Before Working Capital Changes	580.41
	Adjusted for:
	Trade and other Receivables	943.68
	Trade and other payables	(294.43)
	Current, Non current assets and other financial assets	(504.04)
	Cash Generated from operations	725.62
	Current Tax
	Deferred Tax	(0.01)
	Net Cash from / (Used in) Operating Activities [A]	725.61
$B_{\ast}$	Cash Flow from Investing activities
	Sale/ (Purchase) of Fixed Assets	16.62
	Interest Income	14.73
	Net Cash from / (Used in) Investing Activities [B]	31.35
C	Cash flow from Financial Activities
	Decrease on Short Term Borrowings	(433.11)
	Interest & Bank Charges	(271.96)
	Net Cash flow from/(Used in) Financing Activities [C]	(705.06)
	Net Cash Flows during the year {A+B+C}	51.90
	Cash & Cash Equivalents (Opening Balance)	583.57
	Cash & Cash Equivalents (Closing Balance)	635.47