Sreeleathers Limited — Earnings Release 2021

Jul 2, 2021

SREELEATHERS LIMITED

CIN: L67190WB1991PLC050656 6, Tottee Lane, Kolkata-700 016 Phone No.:2286-1571, Fax: 2217-6468 Email:sreeleathers@sreeleathers.com Website: www.sreeleathers.com

		SREELEATHERS	LIMITED
		CIN: L67190WB1991PLC050656
		6, Tottee Lane, Kolkata-700 016Phone No.:2286-1571, Fax: 2217-6468Email:sreeleathers@sreeleathers.com
To:		Website: www.sreeleathers.com
DepartmentServices,Bombay StockLimited,P.J.Towers,DalalStreet,	CorporateofExchangeFloor,1%_Mumbai	TheNationalStockExchange of India Limited,ExchangeBandraPlaza,Complex,BandraKurla(E),Mumbai-400 051,	ExchangeStockCalcuttaLtd.,7, Lyons Range,Kolkata-700001,Scrip Code: 13328
400001,Scrip Code: 535601		Symbol: SREEL
02.07.2021Date:
Dear Sir,
ScripSymbol: SREEL (NSE)Scrip Code	Code: 535601(BSE)	: 13328 (Calcutta Stock Exchange)
Ref:Disclosure Requirements) Regulations, 2015.		Newspaper Advertisement - Under Regulation 47 of SEBI (Listing	Obligations and
Sub:and Year ended March 31, 2021			Newspaper Advertisement — Annual Financial Results (Standalone) for the Quarter
referenceWithnewspaper advertisement	captionedtheto	enclosedpleasesubject,findreleased on 02.07.2021 in the following News Papers:	herewithclippingof the
1	"The Echo of India"		English News paper

"The Echo of India"1	English News paper
"Arthik Lipi"	News paper
2	Bengali

This is for your kind information and record.

Thanking you,

Yours faithfully, For Sreeleathers Limited

Qf: Company Secretary

THIRUVANANTHAPURAM, JULY 1 /--/ The Kerala government has nothing to hide with regard to deaths due to COVID-19, state Health Minister Veena George said even as the opposition Congress alleged that those due to pandemic related complications were not being included. A new transparent and decentralisedonline system has been put in place to report deaths due to the

I, Farida Lodghar W/o Aliasgar Sabbir Lodhgar & D/o Late Moiz Bhai Hararwala R/o Al-Anwar Tower, 16/1F, East Topsia Road, P.O. Gobinda Khatick Road, P.S. Pragati Maidan, Kolkata-700046 shall henceforth be known as Farida Lodhgar vide an affidavit

sworn before Notary Public

at Kolkata on 01-07-2021.

FOR THE QUARTER AND YEAR ENDED MARCH 31, 2021
(₹ in Lakhs)
Particulars	Quarter Year Endedon 31.03.2021(Unaudited)	Year to date ason 31.03.2021(Audited)	Year to date ason 31.03.2020(Audited)
ncome from Operations (Net)	17.92	60.72	66.03
ofit / (Loss) for the period (before Tax,
tional and / or Extraordinary items)	23.64	(14.54)	(7.21)
ofit / (Loss) for the period before Tax
Exceptional and / or Extraordinary items)	23.64	(14.54)	(7.21)
ofit / (Loss) for the period after tax
Exceptional and/or Extraordinary items)	23.41	(14.77)	(7.56)
Comprehensive Income for the period
prising Profit/ (Loss) for the period
tax) and Other Comprehensive Income
$Tax)$ ]	214.64	139.59	(142.25)
Share Capital (Fave Value per shares ₹10/-)	47.75	47.75	47.75

SL	Particulars		Quarter Ended		Current	Previous
No		3 Months	Previous	Corresponding	Year ended Year ended
		ended	3 Months	3 Months ended
			ended	the previous year
		31.03.2021	31.12.2020	31.03.2020	31.03.2021	31.03.2020
		(Audited)	(UnAudited)	(Audited)	(Audited)	(Audited)
1.	Income
a.	Revenue from operations	7.01	7.00	8.18	26.87	64.20
b.	Other income	93.88	97.60	148.58	369.01	600.60
	Total Income (a+b)	100.89	104.60	156.76	395.88	664.80
2.	Expenditure
a.	Operating costs	(34.33)	9.79	31.44	20.68	107.81
b.	Changes in inventories	42.77	(8.79)	(35.39)	(10.83)	(90.00)
С	Employee benefits expenses	55.15	45.00	50.32	166.31	157.36
d	Finance cost	21.62	21.78	23.78	87.82	97.58
е	Depreciation and amortisationOther expenditure	6.01	7.19	6.24	24.07	24.96
f		97.93	32.73	40.13	167.59	153.58
	Total (a+b+c+d+e+f+g)	189.15	107.70	116.52	455.64	451.29
3.	Profit from Operations beforeOther Income, Interest andExceptional Items (1-2)	(88.26)	(3.10)	40.24	(59.76)	213.51
4.	Exceptional item (net of tax expenses)	65.98			65.98
5.	Profit before taxes (3+4)	(22.28)	(3.10)	40.24	6.22	213.51
6.	Tax expenses
	a) Current Tax	(6.20)	7.93	9.53	1.73	47.03
	b) Deferred tax	(5.08)		(5.36)	(5.08)	(5.36)
	c) Dividend Tax PaidTotal Tax expenses	(11.28)	7.93	4.17	$-3.35$	41.67
	7. Net Profit (+)/Loss (-) for the	(11.00)	(11.03)	36.07	9.57	171.84
	period (5-6)8. Other comprehensive income
	1. Item that will not be reclassified toprofit or loss
	2. Income tax relating to items that willnot be reclassified to profit or loss.
	9. Total comprehensive income forthe period
	10. Paid up equity shares capital (Facevalue of Rs. 10/- each)	515.39	515.39	515.39	515.39	515.39
11.	Reserve and surplus (excludingrevaluation reserves)	٠			3295.89	3326.59
	12. Revaluation reserves				843.22	850.68
	13 Earnings Per Share(EPS)a.Basic and diluted EPS beforeExtra-ordinary items for theperiod, for the year to date andfor the previous year (not to beannualized)	(0.21)	(0.21)	0.70	0.19	3.33
	b.Basic and diluted EPS afterExtra-ordinary items for theperiod, for the year to date andfor the previous year (not to beannualized)	(0.21)	(0.21)	0.70	0.19	3.33
3	Notes-1 Other operating Income represents rental income from the property2 The Audited Standalone Financial Results for the year ended March 31, 2021 have been reviewed by theAudit Committee and approved by the meeting held on 30.06.2021. The audited standalone financialresults are prepared in accordane with the IND-AS as prescribed u/s 133 of the Co's Act, 2013.As the Company's business activity falls within a single primary business segmentviz. Real Estates, segmentwise reporting is not applicable to the Company.4. As this is an on going Real Estate concern, Sales figures are non-comparable. The company was workingunder single business segment.5 None of the Director /promoter share is pledged/encumbered as informed by the promoter6 Previous year figures have been re-arranged/re-grouped wherever necessary.7 Tax to be calculated on financial yearly basis.8 The consolidated figures have been furnished, since the company does not have any associates /subsidary company.					Total
	a) No. of investor grievances pending at the beginning of the quarterb) No. of investor grievances received during the quarterc) No. of investor grievances replied/resolved during the quarterd) No. of investor grievances pending at the end of the quarter					NilNilNilNil
	Place - Kolkata			For MARTIN BURN LIMITEDMANISH FATEHPURIA	DIRECTOR

Dy tho Dodi a of Dirootolo at thoir moothig hold on ooth band, EUE 1.1110 Elimitod Fto Holf Tor thyear ended 31st March, 2021 has been carried out by Statutory Auditors, as required under				(I) Items that will not be
Regulation 33 of SEBI (LODR), Regulations, 2015.				reclassified subsequently
The Company has one reportable segment, which is Financing Activity. Accordingly nodisclosure under IND AS 108 dealing with Segment Reporting has been made.				Profit or Loss (net of tax)
The Statement does not include IND AS compliant results for the quarter ending 31				(ii) Items that will be reck
March, 2021 as the same is not mandatory as per SEBI's circular dated 5th July, 2016.The previous period figures have been regrouped/recast wherever necessary to confirm to				subsequently to Profit or
the classification for the quarter ended 31st March, 2021.				Total other comprehensive
			By Order of the Board of Directors	12 Total Comprehensive Inc
			For Jayanti Commercial LimitedSd/	$(10 + 11)$
Place: Kolkata			Shilpa JhunjhunwalaWhole Time Director	13 Paid- up Equity share ca
Date : 30th day of June, 2021			DIN-01945627	(Face value of Rs.10/- ea
				14 Earnings per share (Befo
				after extraordinary Items
MERLIN INDUSTRIAL DEVELOPMENT LIMITED				(of Rs.10/-each) (not anr
		CIN: L74140WB1983PLC035792		for quarterly figures):
Regd. Office: 7, Chittaranjan Avenue, 3rd Floor,				a) Basic (Rs.)
		P.S. Bowbazar, Kolkata - 700072		b) Diluted (Rs.)
Tel No. (033) 40306000; Fax: (033) 2225 2471;				See accompanying note:
-mail: cs.sgroup2013@gmail.com; Web: www. salarpuriagroup.com				financial results
Extract of Statement of Standalone Audited Financial Result				Notes:
For the Quarter/Year ended March 31st' 2021				1) The above audited finan
			(Rs. in Lakh Except EPS)	taken on record by the B
	Quarter Ended	Year Ended	Corresponding 3	2) These results have beer
Particulars	31.03.2021	31.03.2021	Months ended in	companies (Indian Accprescribed under sectio
			the Previous year	accounting practices and
	Audited	Audited	31.03.2020Audited	3) Company has started Bu
Total Income				Shares") from the open m
from Operations	12.47	112.69	14.73	with the Securities and E
				2018, as amended (the "I
Net Profit before tax	9.87	44.95	13.75	dated 26.11.2020, the Co
				Rs.10/- each fully paid ("I
Net Profit after tax	8.28	36.88	14.88	December 2020 to 30th
				out of which 19,60,896 n
Total ComprehensiveIncome				accordingly the paid up c
	865.28	898.13	35.54	2,319.42 lakh. Balan
Equity Share				extinguishment.
Capital	108.70	108.70	108.70	4) The figure for the o
Earnings per Share				regrouped/rearranged wl
items (of Rs.10/- each)	0.76	3.39	1.37	5) The Covid-19 outbreak aand slowdown of econon
Basic & Diluted				impacted due to tempo
lotes:			1. The above is an extract of the detailed format of Quarterly and	gradually ramping up, ir
nnual Audited financial results filed with the Stock Exchange under				disruptions. Further, t
egulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)egulations, 2015. The full format of the Quarterly and Annual Audited				affected, however with t
nancial results are available on the Company's website at www.salarpuria-				gradually increasing. The
roup.com and www.cse-india.com				informations and determ
he management has assessed the potential impact of COVID-19 on the		2. Estimate of uncertainty relating to COVID-19 pandemic:		the carrying amount of
nancial results of the Company. In assessing the carrying value of its assets,				Company's liquidity posit
ne Company has considered internal and certain external information up to theate of approval of these financial results including economic forecasts. The				6) The company has only o
'ompany expects to recover the carrying amount of these assets. The extent of				not required.
hich global health pandemic will impact the Company's assessment andesultant provision on investments will depend on future developments, which				7) (i) Basic EPS has been o
re highly uncertain. The impact of the global health pandemic may be different				extinguishment till 26.03.
from that estimated as on the date of approval of these financial results.				(ii) Diluted EPS has beer
		For Merlin Industrial Development Limited		nos of shares proposed in
Data: 20.06.2021			$Sd$ /-Anand Prakash	8) The figure for the quarterqualitad figure in respect

reclassified subsequently to							Total Equity and Liabilities		33,015.73		34,811.46
Profit or Loss (net of tax)	74.09	373.00		141.42 1,162.05	829.37
(ii) Items that will be reclassified								Cash Flow Statement		(Rs. in Lacs)
subsequently to Profit or Loss							Particulars		Year ended 31.03.2021	Year ended 31.03.2020
Total other comprehensive Income	74.09	373.00		141.42 1,162.05	829.37		A. Cash Flow From Operating Activities
2 Total Comprehensive Income							Net profit (Loss) Before tax		1,514.29		3,909.43
$(10 + 11)$	535.54	907.90		696.49 2.277.17	3,705.40		Adjustment:
3 Paid- up Equity share capital		2,319.42 2,436.94	2,515.50 2,319.42		2,515.50	Add:
(Face value of Rs.10/- each)							Depreciation & Amortisation	123.5632.21		100.52
4 Earnings per share (Before &							Finance costProvision For Gratuity	7.99		6.967.59
after extraordinary Items)							Loss on sale of Fixesd Assets		163.76	0.08	115.15
(of Rs.10/-each) (not annualised						Less:
for quarterly figures):							Profit on sale of Investment			0.59
a) Basic (Rs.)	1.99	2.19	2.21	4.81	11.43		Rent Received	0.04		0.03
b) Diluted (Rs.)	1.99	2.31	2.21	4.82	11.43		Interest Income	20.21	20.25	26.94	27.56
							Operating profit Before working Capital changes		1,657.80		3,997.02
See accompanying notes to the							Adjustment to:
financial results							Stock in trade	312.81		(1.62)
lotes:							Trade receivable	30.34		(44.45)
) The above audited financial results have been reviewed by the Audit Committee and							Other financial assets	(44.37)		(3.37)
taken on record by the Board of Directors at their meeting held on 30th June 2021.							Borrowings	(14.38)		(104.59)
These results have been prepared in accordance with the IndAS notified under the							Trade payables	(170.98)		41.17
companies (Indian Accounting Standard) Rules, 2015 (as amended) (Ind AS)							Other financial liabilitiesProvision	19.25		40.960.34
prescribed under section 133 of the Companies Act, 2013 and other recognised							Other current liabilities	5.843.93	142.44	(3.36)	(74.92)
accounting practices and policies to the extent applicable.							Cash Generate from Operation		1,800.24		3.922.10
Company has started Buyback of Equity shares of face value of Rs. 10 each ("Equity"							Tax Paid		(710.05)		(1,034.11)
	Shares") from the open market through stock exchange (the "Buyback"), in accordance					Net Cash Generated From/(used in)
with the Securities and Exchange Board of India (Buy back of Securities) Regulations,							Operating Activities (A)		1,090.19		2,887.99
2018, as amended (the "Buyback Regulations"). Pursuant to the Public Announcement							B. Cash flow from Investing Activities
dated 26.11.2020, the Company commenced buy back of equity shares of face value							Interest income	20.21		26.94
Rs.10/- each fully paid ("Equity Shares") from its shareholders. The Company from 4th							Rent Received	0.04		0.03
December 2020 to 30th March, 2021 has brought back 20,00,000 nos equity shares,							Sale of fixed Assets			0.10
out of which 19,60,896 nos equity shares have been extinguished till 26.03.2021 and							Purchase of Fixed Assets	(15.57)		(9.90)
accordingly the paid up capital of the Company has been reduced from 2515.50 lakh to							Investment In Mutual Fund	(112.99)		(3, 150.00)
2,319.42 lakh. Balance 39,104 Equity Shares were lying pending for							Redemption From Mutual Fund	2,375.66		0.76
extinguishment.							Decrease/(Increase) in Fixed Deposit	188.23		(300.42)
The figure for the corresponding (previous year) periods					have been		Net Cash Generated From/(used in)
regrouped/rearranged wherever necessary to make them comparable.							Investing Activities (B)		2,455.58		(3,432.49)
The Covid-19 outbreak and measures to contain it had caused significant disturbances							C. Cash Flow From Financing ActivitiesFinance Cost	(1.62)		(6.96)
and slowdown of economic activities. The Company's operations for the period were							Buyback of Equity shares	(2,911.56)
impacted due to temporary suspension of trading activities. The operations are							Tax on Buyback of Shares	(369.06)
gradually ramping up, in spite of limited availability of workforce and supply chain							Other Financial Assets			9.91
disruptions. Further, the sales of the Company during the period were adversly							Other non Current Assets	0.08		0.08
affected, however with the easing out of restrictions the demand of the products is							Tax Refund			0.50
gradually increasing. The Company has considered internal and external sources of							Rent Paid for Lease Assets	(39.75)
informations and determined, exercising reasonable estimates and judgement, that							Other Current Assets			(0.01)
the carrying amount of the assets are recoverable. Having regard to above, the							Net Cash Generated From/(used in)
Company's liquidity position is comfortable in meeting its financial obligations.							financing Activities (C)		(3,321.91)		3.52
The company has only one segment, therefore segment reporting under IndAS 108 is							Net Increase/(Decrease) in Cash & Cash
not required.							Equivalent	$(A+B+C)$	223.85		(540.98)
(i)Basic EPS has been calculated based on the paid up capital as reduced through							Cash & Cash Equivalents(Opening Balance)		36.80		577.72
extinguishment till 26.03.2021							Cash & Cash Equivalents (Closing Balance)Cash & Cash Equivalent Comprises of:		260.65		36.74
(ii) Diluted EPS has been calculated on the paid up capital as reduced by the balance							Cash & Cheque in Hand		5.37		0.54
nos of shares proposed in the buyback.							Balance with Schedule Bank		255.28		36.20
3) The figure for the quarter ended 31 March, 2021 are the balancing figure between the
audited figure in respect of full current financial year and the results published upto the								For Sreeleathers LtdSatya Brata Dey		For Sreeleathers Ltd	Bijoy Kumar Roy
third quarter ended 31 December 2020							Date: 30th June 2021

CHANGE OF NAME

Kerala govt has nothing to hide on Covid deaths: Minister

virus,George told reporters

on Thursday, a day after the Supreme Court directed the National Disaster Management Authority to issue guidelines in six weeks for ex-gratia compensation to families of those who died of COVID. There is a new transparent online system to report pandemic deaths. When a Covid patient passes away, the doctor concerned or the hospital superintendent

has to report the matter within 24 hours. The information is then updated into the system, the minister told reporters here.

Kerala is a state where 100 per cent births and deaths are reported. It is not as if the state decides on which death to be categorised as due to Covid or not, she said. Whether a death is due to Covid or not, only the doctor concerned can decide based on the guidelines of

ICMR and WHO, the minister said. "The state government has nothing to hide on the matter and earlier also based

on the ICMR and WHO guidelines covid deaths were being reported," the minister said when asked about the Opposition charge that the government was not considering deaths due to

post covid complications as fatalities due to the disease. There had been no lapses on the government's part on the

matter and if there are isolated incidents, it would be examined, she said. The government will take all

efforts to ensure that the families of the deceased covid patients get all help. (PTI)

	(Rs. in Lakh Except EPS)
Particulars	Ouarter Ended31.03.2021	Year Ended31.03.2021	Corresponding 3Months ended inthe Previous year31.03.2020
	Audited	Audited	Audited
Total Incomefrom Operations	9.59	48.33	(34.23)
Net Profit /(Loss) forthe period before tax	6.24	38.95	(45.69)
Net Profit / (Loss) forthe period after tax	4.67	31.99	(27.53)
Total ComprehensiveIncome for the period	1175.20	1213.45	(24.82)
Equity ShareCapital	192.00	192.00	192.00
Earnings per Sharetems (of Rs.10/ $-$ each)Basic & Diluted	0.24	1.67	(1.43)

	For Mandya Finance company limited
	$Sd$ /-
80.06.2021	Anand Prakash
Kolkata	Director
	Din No.: $0061566$

	are memy uncertain. The impact of the gfrom that estimated as on the date of app
rd of Directors ofELOPMENT LTD	F.
-sd
Raj Mohta	30.06.2021Date:
ble Time Director	KolkataPlace :

						b. Tottee Lane, Kolkata-700 016		Phone No.:2286-1571, Fax: 2217-6468 Email: sreeleathers@sreeleathers.com Website: www.sreeleathers.com
	Statement of Audited Standalone Financial Results for the Quarter	and Year ended ended 31-March-2021				Rs. In Lakhs		Audited Standalone Statement of Assets & Liabilities as
			Quarter ened		Year Ended		Particulars		As at 31
	Particulars		Audited Unaudited Audited		Audited31-03-2021 31-12-2020 31-03-2020 31-03-2021 31-03-2020					March, 2021Unaudited
	Revenue from operations					3,364.79 3,254.83 3,491.19 8,336.61 17,304.83		ASSETS
							(1)	Non - current assets
$\overline{2}$	Other income	18.03	16.44	7.14	44.21	32.00		(a) Property, Plant and Equipment	14,810.35
	Total income		3,382.82 3,271.27			3,498.33 8,380.82 17,336.83		(b) Intangible assets	121.91279.06
	3 Expenses							(c) Right to Use Assets(d)Financial assets
	a) Purchase of Trading goods					2,423.15 2,229.50 2,620.47 5,674.99 12,179.17		(i)Non - current Investments	15,944.99
	b) Changes in inventories of							(ii)Other financial assets	17.91
	finished goods and work-in-							(e)Other non - current assets	0.75	31,174.97
	progress	16.54	90.57	(162.48)	312.80	(1.62)	(2)	Current assets
	c) Employee benefits expense	92.28	108.18	157.26	348.73	518.74		(a)Inventories	1.124.83
	d) Finance costs	31.46	0.10	1.59	32.21	6.96		(b)Financial assets
	e) Depreciation and amortisation							(i)Trade receivables	39.46
	expense	51.12	23.03	24.91	123.56	100.52		(ii) Cash and cash equivalents(iii) Other bank balances	260.09237.22
	f) Other expenses	143.11	100.69	112.97	374.24	623.63		(iv)Other financial assets	72.03
	Total expenses		2,757.66 2,552.07			2,754.72 6,866.53 13,427.40		(c) Income tax assets (net)	107.11
	4 Profit/(loss) before exceptional							(d)Other current assets	0.02	1,840.76
								Total Assets		33.015.73
	litems and tax (1+2-3)	625.16	719.20		743.61 1,514.29	3,909.43	$\mathsf{II}.$	EQUITY AND LIABILITIES
	5 Exceptional items						(1)	Equity
6	Profit before extra ordinary							(a) Equity Share capital	2.319.41
	litems and tax (4+5)	625.16	719.20		743.61 1.514.29	3,909.43		(b)Other equityLiabilities	29,073.82	31,393.23
	Extraordinary items						(2)	Non - current liabilities
8	Profit/(loss) before tax (6-7)	625.16	719.20		743.61 1,514.29	3.909.43		(a)Lease Liablity	289.94
9	Tax expense							(b)Other Non Current Liabilities	123.06
	Current Tax	188.22	187.91	204.79	435.32	1.041.60		(c) Deferred tax Liability (net)	305.18	718.18
	Deferred Tax Charne/(Credit)	(8.38)	(3.61)	(16.26)	(20.06)	(16.26)	(3)	Current liabilities

	(after Exceptional and / or Extraordinary items)	23.64	(14.54)	(7.2)
	Net Profit / (Loss) for the period after tax
	(after Exceptional and/or Extraordinary items)	23.41	(14.77)	(7.5)
	Total Comprehensive Income for the period
	[Comprising Profit/ (Loss) for the period
	(after tax) and Other Comprehensive Income
	(after Tax)]	214.64	139.59	(142.2)
	Equity Share Capital (Fave Value per shares ₹10/-)	47.75	47.75	47.7
	Reserves (excluding Revaluation Reserve)
	as shown in the Audited Balance Sheet of the
	previous year	487.79	487.79	363.9
Ш	Earnings per Equity Share
	(1) Basic (₹)	4.90	29.23	(29.7)
	(2) Diluted (₹)	4.90	29.23	(29.7)
	Key Numbers of Standalone Financial Results
	Particulars	Quarter EndedMar-21	Year to dateMar-21	Year to dateMar-20
		(Unaudited)	(Audited)	(Audited)
	Total Revenue From Operation	17.92	60.72	66.0
	Profit/(Loss) Before Tax from Continuing
	Operation	23.64	(14.54)	(7.2)
	Profit/(Loss) After Tax from Continuing Operation	23.41	(14.77)	(7.5

Friday -July 2, 2021