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STARSOURCE MULTITRADE LIMITED — Interim / Quarterly Report 2020
Jul 18, 2019
63364_rns_2019-07-18_22ab81da-e624-46f8-b820-64ad0ed3d5da.pdf
Interim / Quarterly Report
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Date: 18[th] July, 2019
To, Bombay Stock Exchange Limited Department of Corporate Services, 25[th] Floor, P. J. Towers, Dalal Street, Mumbai-400001
Script ID : 506365
Subject : SUBMISSION OF COMPLIANCES UNDER SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
Dear Sirs,
We are enclosing herewith Quarterly Compliances pursuant to Securities And Exchange Board of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 for Quarter ended 30[th] June, 2019 as under -
| 1. | Regulation 33 | Un-audited Quarterly Financial Results for the Quarter ended 30/06/2019 along with Limited Review Report issued by our Auditors, M/s. VMD & Co., Chartered Accountant, Mumbai |
|---|---|---|
| 2. | Outcome of the Board Meeting Held on 18/07/2019 |
You are requested to take this on your records.
Thanking You.
Yours Faithfully,
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LIMITED REVIEW REPORT
We have reviewed the accompanying Statement of unaudited financial results of M/S CHEMO PHARMA LABORATORIES LTD. , Mumbai for the quarter ended 30[th ] June, 2019. This Statement is the responsibility of the Company’s management and has been approved by the Board of Directors / committee of Board of Directors. Our responsibility is to issue a report on these financial statements based on our review.
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Engagement to Review Financial Statements 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 to inquiries of company personnel and analytical procedures applied to financial data and thus provide 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 notice 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 polices has not disclosed the information required to be disclosed in terms of Regulation 33 of 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.
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STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2019
| (Rupees in Thousand) | (Rupees in Thousand) | (Rupees in Thousand) | (Rupees in Thousand) | |||
|---|---|---|---|---|---|---|
| Sr. No. |
Particulars | Quarter Ended | Year Ended | |||
| 30th June 2019 |
31st March 2019 |
30th June 2018 |
31st March 2019 |
|||
| Unaudited | Unaudited | Unaudited | Audited | |||
| I II III |
Revenue from Operations | - | ||||
| Other Income | 2,831 | 4,266 | 1,240 | 8,225 | ||
| Total Revenue(I + II) | 2,831 | 4,266 | 1,240 | 8,225 | ||
| IV | Expenses | |||||
| (1) | Cost Materials consumed | - | - | - | - |
|
| (2) | Purchase of Stock-in-Trade | - | - | - | - |
|
| (3) | Changes in Inventories of Finished Goods, Work-in-Progress and Stock-in-Trade |
- | - | - | - |
|
| (4) | Employee Benefits Expenses | 405 | 526 | 563 | 2,218 | |
| (5) | Depreciation and Amortisation Expenses | - | - | - | 47 | |
| (6) | Administrative and Other Expenses | 923 | 854 | 601 | 3,414 | |
| i)Annual ListingFees | - | - | 310 | - | ||
| ii)TravelllingExpenses | - | - | 268 | - | ||
| (7) | Finance Costs | - | - | - | - |
|
| Tot | al Expenses | 1,328 | 1,380 | 1,742 | 5,679 | |
| V | Profit/(Loss) before Exceptional and Extra ordinary Items and tax(III - IV) |
1,503 | 2,886 | **(502) ** | 2,546 | |
| VI | Exceptional Items | - | - | - | - |
|
| VII | Net Profit/(Loss) before Extra ordinary Items and Tax (V - VI) |
1,503 | 2,886 | **(502) ** | 2,546 | |
| VIII | Extra OrdinaryItems | - | - | - | - |
|
| IX | Profit/(Loss) before Tax(VII-VIII) | 1,503 | 2,886 | **(502) ** | 2,546 | |
| X | Tax Expenses | |||||
| (1)Current Tax | - | 460 | - | 460 | ||
| (2)Tax Adjustment Previous Year | - |
- | - | 23 | ||
| (3)Deffered Tax | - | - | - | - |
||
| XI | Profit/(Loss) for the period from continuing operations (IX - X) |
1,503 | 2,426 | **(502) ** | 2,063 | |
| XII | Profit/(Loss)from discontinuingoperations | - | - | - | - |
|
| XIII | Tax Expenses of discontinuingoperations | - | - | - | - |
|
| XIV | Profit/(Loss) from discontinuing operations (after tax) (XII - XIII) |
- | - | - | - |
|
| XV | Profit/(Loss) for theperiod(XI - XIV) | 1,503 | 2,426 | **(502) ** | 2,063 | |
| XVI | Other Comprehensive Income A (i) Itmes that will not be reclassified to profit or loss (ii) Income rax relating to items that will not be reclassified to profit or loss B (i) Itmes that will not be reclassified to profit or loss (ii)Income rax relatingto items that will not be reclassified to |
- | - | - | - |
|
| XVII | Total Comprehensive Income for the period (XV+XVI) (Comprising Profit (Loss) and Other Comprehensive Income for the period |
1,503 | 2,426 | **(502) ** | 2,063 | |
| XVIII | Earnings per Share : (1) Basic (2) Diluted |
1.00 |
1.62 | **(0.33) ** | 1.38 | |
| Notes 1 |
: This Statement has been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 and Companies (Indian Accounting Standard) Accounting Rules, 2016. |
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2 The above Unaudited Financial Results for the Quarter Ended 30.06.2019 have been reviewed by the Audit Committee in their Meeting held on 18.07.2019 and approved by the Board of Directors of its Meeting held on 18.07.2019. The Limited Review Report of Auditors M/s VMD & Co. was also taken on record by the Board in its Meeting.
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3 The Company is not having any Subsidary Company.
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4 The Company is having only one Segment and no other reportable segment in terms of Ind AS 108 in 'Operating Segment'.
Place : Mumbai Date : 18th July, 2019
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RECONCILIATON OF STANDLONE NET PROFIT FOR THE QUARTER ENDED 30TH JUNE, 2019
| (Rs. In Thousand) | (Rs. In Thousand) | |
|---|---|---|
| PARTICULARS | STANDLONE | |
| UNAUDITED QUARTER ENDED 30.06.2019 |
AUDITED YEAR ENDED 31.03.2019 |
|
| Reconciliation of Profit After Tax as reported earlier: | ||
| Net Profit/ (Loss) for the Period(asper AS) | 1,503 | 2,063 |
| Benefit /(Charge): | - | - |
| Impact of Deferred Income(Government Grant)Amortized to Income | - | - |
| Impact of Fair Valuation of Financial Instruments | - | - |
| Impact of Actuarial Gain/Loss Taken OCI | - | - |
| Impact of Adjustment of Deferred Tax | - | - |
| Net Profit/ (Loss) for the Period(asper AS) | 1,503 | 2,063 |
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Mumbai, 18th July, 2019
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