Tera Software Ltd. — Interim / Quarterly Report 2023

Nov 14, 2023

-rlrel aI TERA SOFTWARE LIMITED Regd. Office : # 8-2-2931821 N 1107, Road Number 55, Jubilee Hills, Hyderabad,Telangana 500033. Tel :+91-40-23547447 E-mail : info@terasoftware. in www.terasoftware.com

Date: 14th November, 2023

BSE Limited	National Stock Exchange of India Limited
P.J. Towers	Exchange Plaza, Bandar Kurla Complex
Dalal Street. Mumbai - 400001	Bandra G ). Mumbai - 400051
Scrip:533982	Svmbol: TERASOFT

Dear Sir/Madam,

Sub: Outcome of Board Meeting held on 14th Novemberr2023

Reft Regulation 30 read with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

We, herewith intimate to the Stock Exchanges that the Board of Directors of the Company at their meeting held today (14ft November, 2023) has considered and approved:

1. Un Audited Financial Results (Standalone and Consolidated) of the Company for Quarter and Half-Year ended 30ft September,2023 along with the Limited Review Report, Statement of Asset and Liabilities and Cash Flow Statement.

Please Note that a Joint Venture Company "TS Innovations Private Limited" (Revenue not yet generated) incorporated on 18th July,2023 (a subsidiary of Tera Software Limited) financial results are included in the Consolidated financial results of Tera Software Limited.

Kindly notethat the meeting was commenced at 05:15 p.m. and concluded at 10:20 p.m.

This is for your kind information and records.

Yours faithfully, FoT TERA SOFTWARB, LIMITED

GOPICHAND TUMMALA

Digitally signed by GOPICHAND TUMMALA DN: cn=GOPICHAND TUMMALA c=IN o=Personal Reason: I am the author of this document Location: Date: 2023-11-14 22:20+05:30

T. GOPICHAND Chairman & Managing Director DIN: 00107886

NARVET{ ASSOCIATES Off: # 8-3-104711-8, Rama Apts. CHARTERED ACCOUNTANTS

Srinagar Colony, Hyderabad -73. Tel : 040-4952 0055 e-mail : ca.narven(rlgmail"com ramana (cr--r 66narven. com

TIMITED REVIEW REPORT

Limited Review Report on Unaudited Quarterly and half year ended Financial Results llnder Regulation 33 of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2075.

To the Board of Directors of Tera Software Limited

We have reviewed the accompanying statement of unaudited standalone financial resultsofM/s. TERA SOFTWARE LIMITED, for the Quarterand half year ended 30th September 2OZ3 and year to date results for the period 01s April 2023 t.o 3Ott September 2023,being submitted by theCompany pursuant to the requirements of regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements]Regulation,2015 [as amended) including relevant circulars issued by the SEBI from time to time.

This Statement which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles Iaid down in Indian Accounting Standard 34, Interim Financial reporting ('lnd AS 34,), prescribed under Section 133 of the Companies Act,2013 ('theAct'), read with relevant rules issued there under and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Statement based on our review.

We conducted our review of the Statement in accordance with the Standard on Review Engagement [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 Iess in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143[10) of the Act, 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.

Srinagar Colony, Hyderabad -73. Tel :040-4952 ⁰⁰⁵⁵ e-mail : ca.narven@gmail.com ramana@canarven.com

believe Based on our review conducted as above, nothing has come to our attention that causes us to that the accompanying statement, prepared measurement in accordance with the recognition and principles laid down in Ind AS 34, prescribed under Section 133 of the Ac! 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 ' 2015 fas amended) including the manner in which it is to be disclosed, or that it contains any material misstatement.

Place:Hyderabad Date:14.11.2023

for Narven Associates Chartered Accountants FRN:005905S

G.V.Ramana Partner M.no.025995 - ;rilt#Lsqq€ s 5L1Fts3I

TERA SOFTWARE LIMITED CIN L72200TG1994PLC018391 #8-2-293/82/A/1107, Plot no 1107, Road no 55, Jubilee Hills, Hyderabad-33.

STATEMENT OF STANDALONE UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED AND HALF YEAR ENDED 30TH SEPTEMBER, 2023

						Rupees in Lakhs (Rupees in lakhs)
		Quarter Ended		Half Year Ended		For the Year
PARTICULARS						Ended
	30.09.2023	30.06.2023	30.09.2022	30.09.2023	30.09.2022	31.03.2023
	Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
1. Income from Operations
(a) Net Sales /Income from operations (net
of excise duty)	2,117.25	1,944.21	2,648.49	4,061.47	5,465.23	11,658.06
(b) Other operating Income	-	-	-	-	0.51	1,421.97
(c) Other Income	88.97	108.26	84.36	196.82	166.40	2,515.93
Total Income from Operations (net)	2,206.22	2,052.47	2,732.85	4,258.29	5,632.14	15,595.96
2. Expenses
Purchases	-		-		-	-
Changes in inventories of finished goods,
work-in-progress and stock in trade
	7.56	-	-	7.56	41.53	261.71
Technical & Operation expense	1,323.56	1,230.34	2,045.69	2,553.90	4,264.57	8,456.13
Employee benefit expense	461.41	460.87	440.17	922.28	865.11	1,751.93
Finance costs	73.59	92.64	175.77	166.23	393.17	636.20
Depreciation & amortisation expense	3.82	3.85	6.06	7.67	12.08	23.49
Other Expenses	122.09	73.91	133.89	195.59	166.82	3,600.94
Total Expenses	1,992.03	1,861.61	2,801.58	3,853.23	5,743.28	14,730.40
3. Profit/(Loss) from ordinary activities but
before Exceptional Items (1-2)
	214.19	190.86	(68.73)	405.06	(111.14)	865.56
4. Exceptional Items	139.47		-	139.47	-
5. Profit/(Loss) from ordinary activities
before tax (3-4)	74.72	190.86	(68.73)	265.59	(111.14)	865.56

6. Tax expense
1) Current Tax	48.77	65.63	-	114.40	-	190.37
2) Tax Expenses relating to Earlier years	-	-	-	-	-	276.53
3) Deferred Tax	43.56	46.02	4.35	89.57	21.31	52.08
7. Profit/(Loss) from ordinary activities
after tax (5-6)	(17.61)	79.21	(73.08)	61.63	(132.45)	346.58
8. Extraordinary items (net of tax Rs
expense ___ Lakhs)	-	-	-	-	-	-
9. Net Profit/(Loss) before Other
comprehensive income (7-8)	(17.61)	79.21	(73.08)	61.63	(132.45)	346.58
10. Other Comprehensive Income
Add: (i) Items that will be reclassified to
profit or loss	(42.45)	91.95	-	49.50	-	(4.88)
Less: (ii) Income Tax relating to items that
will be reclassified to profit or loss
	10.68	(23.14)	-	(12.46)	-	(1.23)
11. Net Profit/(Loss) for the period (9-10)
	(49.37)	194.30	(73.08)	123.59	(132.45)	342.93
12. Paid up Equity Share Capital (Face Value
Rs 10/-)						1,251.19
Reserves (excluding Revaluation Reserve as
per the Balance Sheet of previous
accounting year)						9,659.31
Earning Per equity share (for continuing
operations):
(1) Basic	(0.14)	0.63	(0.58)	0.49	(1.06)	2.77
(2)Diluted	(0.14)	0.63	(0.58)	0.49	(1.06)	2.77
Earning Per equity share (for discontinued
& Continuing operations):
(1) Basic	(0.14)	0.63	(0.58)	0.49	(1.06)	2.77
(2)Diluted	(0.14)	0.63	(0.58)	0.49	(1.06)	2.77

SEGMENT WISE REVENUE AND RESULTS CIN L72200TG1994PLC018391 #8-2-293/82/A/1107, Plot no 1107, Road no 55, Jubilee Hills, Hyderabad-33. TERA SOFTWARE LIMITED

(Rupees in Lakhs) Rupees in Lakhs For the Year Ended 30.09.2023 30.06.2023 30.09.2022 30.09.2023 30.09.2022 31.03.2023 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 1. Segment Revenue a) Integrated Solutions Division - - - - b) Technical Division 1,510.38 1,467.62 1,440.74 2,978.00 2,852.24 5,809.57 c) Projects Division 606.88 476.60 1,207.75 1,083.47 2,613.50 7,270.45 Net sales/Income from operations 2,117.26 1,944.21 2,648.49 4,061.47 5,465.74 13,080.03 2. Segment Results [Profit / (Loss) before Tax and Interest from each Segment] a) Integrated Solutions Division - - (23.63) - (93.55) (206.29) b) Technical Division 28.08 77.22 157.25 105.30 312.31 670.09 c) Projects Division 394.99 253.86 110.27 648.70 237.19 2,468.64 Total 423.07 331.08 243.89 754.00 455.95 2,932.44 Less: i) Interest Expenses 73.59 92.64 175.77 166.23 393.17 636.20 ii) Un-allocable expenditure (Net) 359.66 155.84 221.21 368.43 340.32 3,946.59 Add: Interest and Other Income 84.90 108.26 84.36 194.88 166.40 2,515.93 Total Profit/(Loss) Before Tax 74.72 190.86 (68.73) 414.37 (111.14) 865.56 Segment Assets Integrated Solutions Division 25.30 45.89 555.50 25.30 555.50 54.03 Technical Division 1,593.63 1,506.28 1,430.26 1,593.63 1,430.26 1,275.77 Projects Division 13,224.76 13,068.46 18,040.90 13,224.76 18,040.90 13,222.15 Unallocable 5,445.10 5,288.80 5,120.15 5,445.10 5,120.15 5,256.65 Total 20,288.79 19,909.43 25,146.81 20,288.79 25,146.81 19,808.60 PARTICULARS Quarter Ended Half Year Ended

Segment Liabilities
Integrated Solutions Division	333.14	329.07	884.61	333.14	884.61	329.78
Technical Division	746.48	625.42	1,109.35	746.48	1,109.35	1,138.31
Projects Division	3,625.25	3,465.60	5,777.72	3,625.25	5,777.72	3,414.29
Unallocable	15,583.91	15,489.34	17,375.13	15,583.91	17,375.13	14,926.22
Total	20,288.78	19,909.43	25,146.81	20,288.78	25,146.81	19,808.60
(Segment Assets - Liabilities)
Integrated Solutions Division	(307.85)	(283.18)	(329.11)	(307.85)	(329.11)	(275.75)
Technical Division	847.15	880.86	320.91	847.15	320.91	137.46
Projects Division	9,599.51	9,602.86	12,263.18	9,599.51	12,263.18	9,807.86
Unallocable		(10,138.81) (10,200.54) (12,254.98) (10,138.81) (12,254.98)				(9,669.57)
Total	-	-	-	-	-	-

STATEMENT OF ASSETS AND LIABILITIES

		Rupees In Lakhs
2,666.84		2,674.51
0.74
324.55		245.57
472.04		504.80
206.99	3,671.16	284.11	3,708.99
4.72		12.28
12,160.84		12,800.19
1,817.63		1,600.81
1,740.13		659.26
587.83	16,311.15	944.61	16,017.15
			19,726.15
1,251.19		1,251.19
9,659.31	10,910.50	9,535.65	10,786.84
		Unaudited 30th September 2023 19,982.31	Audited 31st March 2023

B Liabilities 1. Non-current liabilities (i) Financial liabilities
(a) Borrowings	510.28		483.74
(ii) Provisions	124.93	635.21	166.94	650.68
2. Current liabilities (i) Financial liabilities
(a) Borrowings (b) Trade payables	2,357.03		1,931.51
Total Outstanding dues to Micro enterprises	-		145.22
Total Outstanding dues to creditors other than	4,172.63		4,441.84
(c) Other financial liabilities	1,021.41		821.00
(ii) Other current liabilities	787.33		904.92
(iii) Provisions	98.20	8,436.60	44.23	8,288.72
		19,982.31		19,726.15
		0.00		- 0.00

Notes:

1 The above financial results for the quarter ended 30th September, 2023 have been reviewed by the Audit Committee and were approved by the Board of Directors of the Company at the meeting held on 14th November, 2023

• 2 This statement is as per regulation 33 of the SEBI (Listing obligations and disclosure Requirements) Regulations, 2015. These financials results of the Company were prepared in accordance with the Indian Accounting Standards prescribed under section 133 of the Companies Act, 2013 ("the act") read with relevant rules issued there under ("Ind AS") and other accounting principles generally accepted in India and guidelines issued by the Securities and Exchange Boardof India ("SEBI").
• 3 Fixed Assests of the company with gross block value of Rs.838.69 Lakhs has been subject to an interim attachment by the Government of Andhra Pradesh. Vide G.o.No 180dt31.10.2023.The company is taking steps to legally annul the attachment.
• 4 Corresponding quarter/Year figures have been re-grouped /re-classified wherever necessary to confirm to the classification of the current period.

For Tera Software Limited

GOPICHAND TUMMALA Digitally signed by GOPICHAND TUMMALA DN: cn=GOPICHAND TUMMALA c=IN o=Personal Reason: I am the author of this document Location: Date: 2023-11-14 22:22+05:30

DIN : 00107886 Chairman & Managing Director T. Gopichand

Place: Hyderabad Date : 14.11.2023

TERA SOFTWARE LIMITED

CASH FLOW STATEMENT FOR THE YEAR ENDED 30.09.2023 and 31.03.2023

	Rupees in Lakhs
		Half Year Ended
Particulars	30.09.2023	30.09.2022	Year Ended 31.03.2023
A. Cash flow from operating activities
Net Profit / (Loss) before tax as per Profit & Loss Statement	265.58	(111.14)	865.56
Adjustments for:
Depreciation and amortisation	7.67	12.08	23.49
Sundry Credit Balances Written Back			1,421.00
Interest Income	(36.47)	(21.74)	(40.15)
Bad Debts Written Off	57.08		3,333.39
Finance Cost	166.23	(393.17)	(636.20)
Advances Written off			347.53
Changes in Assets and Liabilities:
Trade receivables	639.35	420.40	2,222.27
Other Financial Assets and Other Assets	(78.98)	1,167.82	760.33
Other Non Current Assets	32.76	30.02	(42.13)
Other Financial Assets	(1,080.87)
Other Current Assets	356.78	93.68	(1,044.83)
Inventories	7.56	41.53	261.71
Trade Payables	(414.43)	(964.96)	(4,954.35)
Long Term Provisions	(42.01)		26.54
Other Current Liabilities	(117.59)	7.27	(159.95)
Short Term Provisions	53.97	41.12	(65.92)
Other Financial Liabilities Cash generated from operations	200.41 17.04	709.39 1,032.30	382.32 2,700.61
Income tax paid	114.4	-	575.94
Net cash flow from operating activities (A)	(97.36)	1,032.30	3,276.55
B. Cash flow from investing activities
Property, Plant & Equipment	(7.67)	(0.69)	(23.49)
Sale of Land			306.6
Interest Income	36.47	21.74	40.15
Net cash flow from Investing activities (B)	28.80	21.05	323.26
C. Cash flow from financing activities
Short Term Barrowings(Net)	425.52	-1,671.68	(3,687.36)
Long Term Borrowings	26.54	22.28	48.44
Interest Paid	(166.23)	393.17	636.20
Net cash flow from Financing activities (C)	285.83	(1,256.23)	(3,002.72)
Net increase in Cash and cash equivalents (A+B+C)	216.82	(202.88)	597.70
Opening balance of Cash and cash equivalents	1,600.81	1,004.11	1,003.11
Closing balance of Cash and cash equivalents	1,817.63	801.23	1,600.81
Components of Cash and Cash Equivalents
Cash and cheques on Hand	9.10	10.61	9.40
Balances with Banks
-On Current Accounts	1,301.22	12.65	1,009.03
-On Deposit Accounts	507.31	777.97	582.38
Cash and cash Equivalent as per Note 7	1,817.63	790.62	1,600.81

For Tera Software Limited

GOPICHAND TUMMALA

Digitally signed by GOPICHAND TUMMALA DN: cn=GOPICHAND TUMMALA c=IN o=Personal Reason: I am the author of this document Location: Date: 2023-11-14 22:22+05:30

DIN : 00107886 T. Gopichand Chairman & Managing Director

Srinagar Colony, Hyderabad -73. Tel :040-4952 ⁰⁰⁵⁵ e-mail : ca.narven@-'gmail.com ramana (rlcanarven. com

LIMITED REVIEW REPORT on Unaudited Consolidated Financia! Results for the Quarter and Half vear ended 30th September. 2023 of the Companv Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirementsl Regulations.2015

To The Board of directors, TERA SOFTWARE LIMITED Hyderabad.

• 1,. We have reviewed the accompanying statement of unaudited Consolidated financial results of M/s TERA SOFTWARE IIMITED, ("the Company") and its subsidiaries (the company and its subsidiaries together referred to as ("the Group") for the quarter and half year ended on September 30, 2023. 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 the financial statements based on our review.
• We conducted our review in accordance with the Standard on Review Engagement (SRE) 24L0, Review of interim financial information 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 misstaternent. A review is limited primarily to inquiries of company's 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. 2.
• 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 the recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, 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, 2015 (as amended) including the manner in which it is to be disclosed, or that it contains any material misstatement. 3.

We also performed procedures in accordance with circular issued by SEBI under Regulation 33(B) of the SEBI flisting Obligations and Disclosure Requirements) Regulations,20l-5, amended to the extent applicable.

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

		,6lE9cX'
Name of the Company	Relation	n I
TS Innovations Private Limited	Indian Subsidiary	= \
		ffi"92

NARVEN ASSOCIATES Off: # 8-3-1047/1-8, Rama Apts. CHARTERED ACCOUNTANTS

Srinagar Colony, Hyderabad -73. Tel :040-4952 ⁰⁰⁵⁵ e-mail : ca.narven(rigmail.com ramana@/canarven.com

• 1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying stateLent of unaudited consolidated financial results, prepared in accordance with the recognition and measurement principles laid down in the aforesaid accounting rtrrrar.a, and other accounting principles generally accepted in India, has not aiscrosea the information required to Disclosure be disclosed in terms of Regulation 33 of the sEBI (Listing obligations and Requirements) Regulations, 20L5 incluaing the manner in which it is to be disclosed, or that it contains any materiar misstatement.
• 0ur conclusion is not modified in respect of this matter. 6.
• The M/s' consolidated unaudited Financial results includes the Interim Audited Financials of TS Innovations Private Limited, whose financial statements and other financial information have been reviewed by us, whose financial statements reflect total assets of Rs'62'99 lakhs as at 30th september,2023, and Net assets of Rs.62.99 lakhs as at 30th september, 2023 in the consolidated balance sheet and total revenues of Rs. Nil, total net Loss of Rs'0'49 lakhs for the period ended at 30th september ,2023 as considered in the consolidated financial statements. These financial results/statements and other financial information have been reviewed by us whose reports have been furnished to us by the Management' our opinion, in so far as it relates to the affairs of these subsidiaries, is based solely on our review. 7.

For Narven Associates Chartered Accountants

G. V.Ramana

Partner M.No.:025955 UD IN : 23 o ZS 119 B 6s Lt 6,1 55t

Place: Hyderabad Date: 74-1,1,-2023

TERA SOFTWARE LIMITED CIN L72200TG1994PLC018391 #8-2-293/82/A/1107, Plot no 1107, Road no 55, Jubilee Hills, Hyderabad-33.

STATEMENT OF CONSOLIDATED UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDEDAND HALF YEAR ENDED 30TH SEPTEMBER, 2023

	Rupees in Lakhs (Rupees in lakhs)
	Quarter Ended			Half Year Ended		For the Year Ended
PARTICULARS	30.09.2023	30.06.2023	30.09.2022	30.09.2023	30.09.2022	31.03.2023
	Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
1. Income from Operations
(a) Net Sales /Income from operations (net of
excise duty)	2,117.25	1,944.21	2,648.49	4,061.46	5,465.23	11,658.06
(b) Other operating Income	-	-	-	-	0.51	1,421.97
(c) Other Income	88.97	108.26	84.36	196.82	166.40	2,515.93
Total Income from Operations (net)	2,206.22	2,052.47	2,732.85	4,258.28	5,632.14	15,595.96
2. Expenses
Purchases	-		-		-	-
Changes in inventories of finished goods, work
in-progress and stock in trade
	7.56	-	-	7.56	41.53	261.71
Technical & Operation expense	1,323.56	1,230.34	2,045.69	2,553.90	4,264.57	8,456.13
Employee benefit expense	461.41	460.87	440.17	922.28	865.11	1,751.93
Finance costs	73.59	92.64	175.77	166.23	393.17	636.20
Depreciation & amortisation expense	3.82	3.85	6.06	7.67	12.08	23.49
Other Expenses	122.60	73.81	133.89	196.00	166.82	3,600.94
Total Expenses	1,992.54	1,861.51	2,801.58	3,853.64	5,743.28	14,730.40
3. Profit/(Loss) from ordinary activities but
before Exceptional Items (1-2)
	213.68	190.96	(68.73)	404.64	(111.14)	865.56
4. Exceptional Items	139.47		-	139.47	-	-
5. Profit/(Loss) from ordinary activities before
tax (3-4)	74.21	190.96	(68.73)	265.17	(111.14)	865.56

6. Tax expense
1) Current Tax	48.77	65.63	-	114.40	-	190.37
2) Tax Expenses relating to Earlier years	-	-	-	-	-	276.53
3) Deferred Tax	43.51	46.02	4.35	89.53	21.31	52.08
7. Profit/(Loss) from ordinary activities after tax
(5-6)	(18.07)	79.31	(73.08)	61.25	(132.45)	346.58
8. Extraordinary items (net of tax Rs expense
___ Lakhs)	-	-	-	-	-	-
9. Net Profit/(Loss) before Other
comprehensive income (7-8)	(18.07)	79.31	(73.08)	61.25	(132.45)	346.58
10. Other Comprehensive Income
Add: (i) Items that will be reclassified to profit
or loss	(42.45)	91.95	-	49.50	-	(4.88)
Less: (ii) Income Tax relating to items that will
be reclassified to profit or loss
	10.68	(23.14)	-	(12.46)	-	(1.23)
11. Net Profit/(Loss) for the period (9-10)
	(49.83)	194.40	(73.08)	123.21	(132.45)	342.93
12. Paid up Equity Share Capital (Face Value Rs
10/-)						1,251.19
Reserves (excluding Revaluation Reserve as per
the Balance Sheet of previous accounting year)
						9,800.06
Earning Per equity share (for continuing
operations):
(1) Basic	(0.14)	0.63	(0.58)	0.49	(1.06)	2.77
(2)Diluted	(0.14)	0.63	(0.58)	0.49	(1.06)	2.77
Earning Per equity share (for discontinued &
Continuing operations):
(1) Basic	(0.14)	0.63	(0.58)	0.49	(1.06)	2.77
(2)Diluted	(0.14)	0.63	(0.58)	0.49	(1.06)	2.77

SEGMENT WISE REVENUE AND RESULTS CIN L72200TG1994PLC018391 #8-2-293/82/A/1107, Plot no 1107, Road no 55, Jubilee Hills, Hyderabad-33. TERA SOFTWARE LIMITED

For the Year Ended 30.09.2023 30.06.2023 30.09.2022 30.09.2023 30.09.2022 31.03.2023 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 1. Segment Revenue a) Integrated Solutions Division - - - - b) Technical Division 1,510.38 1,467.62 1,440.74 2,978.00 2,852.24 5,809.57 c) Projects Division 606.88 476.60 1,207.75 1,083.46 2,613.50 7,270.45 Net sales/Income from operations 2,117.26 1,944.21 2,648.49 4,061.46 5,465.74 13,080.03 2. Segment Results [Profit / (Loss) before Tax and Interest from each Segment] a) Integrated Solutions Division - - (23.63) - (93.55) (206.29) b) Technical Division 28.08 77.22 157.25 105.30 312.31 670.09 c) Projects Division 394.99 253.86 110.27 648.70 237.19 2,468.64 Total 423.07 331.08 243.89 754.00 455.95 2,932.44 Less: i) Interest Expenses 73.59 92.64 175.77 166.23 393.17 636.20 ii) Un-allocable expenditure (Net) 361.89 155.84 221.21 368.45 340.32 3,946.59 Add: Interest and Other Income 86.62 108.26 84.36 194.91 166.40 2,515.93 Total Profit/(Loss) Before Tax 74.21 190.86 (68.73) 414.23 (111.14) 865.56 Segment Assets Integrated Solutions Division 25.30 45.89 555.50 25.30 555.50 54.03 Technical Division 1,592.89 1,506.28 1,430.26 1,592.89 1,430.26 1,275.77 Projects Division 13,224.76 13,068.46 18,040.90 13,224.76 18,040.90 13,222.15 Unallocable 5,444.85 5,288.80 5,120.15 5,444.85 5,120.15 5,256.65 Total 20,287.80 19,909.43 25,146.81 20,287.80 25,146.81 19,808.60 PARTICULARS Quarter Ended Half Year Ended

(Rupees in Lakhs) Rupees in Lakhs

Segment Liabilities
Integrated Solutions Division	333.14	329.07	884.61	333.14	884.61	329.78
Technical Division	746.48	625.42	1,109.35	746.48	1,109.35	1,138.31
Projects Division	3,484.06	3,465.60	5,777.72	3,484.06	5,777.72	3,414.29
Unallocable	15,724.12	15,489.34	17,375.13	15,724.12	17,375.13	14,926.22
Total	20,287.80	19,909.43	25,146.81	20,287.80	25,146.81	19,808.60
(Segment Assets - Liabilities)
Integrated Solutions Division	(307.84)	(283.18)	(329.11)	(307.84)	(329.11)	(275.75)
Technical Division	846.41	880.86	320.91	846.41	320.91	137.46
Projects Division	9,740.70	9,602.86	12,263.18	9,740.70	12,263.18	9,807.86
Unallocable	(10,279.27)	(10,200.54)	(12,254.98)	(10,279.27)	(12,254.98)	(9,669.57)
Total	-	-	-	-	-	-

STATEMENT OF ASSETS AND LIABILITIES

Rupees In Lakhs
Particulars	Unaudited
		30th September 2023		31st March 2023
I. ASSETS
1. Non-current assets
(i) Property, Plant & Equipment	2,666.84		2,674.51
(ii) Financial Assets
(a) Other financial assets	386.25		245.57
(iii) Other non current assets	472.04		504.80
(iv) Deferred tax Asset (net)	207.04	3,732.17	284.11	3,708.99
2. Current assets
(i) Inventories	4.72		12.28
(ii) Financial Assets
(a) Trade receivables	12,160.84		12,800.19
(b) Cash and Cash Equivalents	1,818.92		1,600.81
(c) Other financial assets	1,740.13		659.26
(iii) Other current assets	587.83	16,312.44	944.61	16,017.15
		20,044.61		19,726.15
II EQUITY AND LIABILITIES
A Equity
(a) Equity Share Capital	1,251.19		1,251.19
(b) Other Equity	9,659.10		9,535.65
(C) Other Equity	0.26	10,910.55		10,786.84

B Liabilities 1. Non-current liabilities (i) Financial liabilities (a) Borrowings (ii) Provisions	572.28 124.93	697.21	483.74 166.94	650.68
2. Current liabilities (i) Financial liabilities (a) Borrowings	2,357.03		1,931.51
(b) Trade payables
Total Outstanding dues to Micro enterprises and Total Outstanding dues to creditors other than	- 4,172.63		145.22 4,441.84
(c) Other financial liabilities	1,021.66		821.00
(ii) Other current liabilities	787.33		904.92
(iii) Provisions	98.20	8,436.85	44.23	8,288.72
		20,044.61		19,726.15
		0.00		- 0.00

Notes:

1 The above financial results for the quarter ended 30th September, 2023 have been reviewed by the Audit Committee and were approved by the Board of Directors of the Company at the meeting held on 14th November, 2023

2 This statement is as per regulation 33 of the SEBI (Listing obligations and disclosure Requirements) Regulations, 2015. These financials results of the Company were prepared in accordance with the Indian Accounting Standards prescribed under section 133 of the Companies Act, 2013 ("the act") read with relevant rules issued there under ("Ind AS") and other accounting principles generally accepted in India and guidelines issued by the Securities and Exchange Boardof India ("SEBI").

• 3 Fixed Assests of the company with gross block value of Rs.838.69 Lakhs has been subject to an interim attachment by the Government of Andhra Pradesh. Vide G.o.No 180dt31.10.2023.The company is taking steps to legally annul the attachment.
• 4 During The Quarter Tera Software Ltd has invested an amount of Rs 0.74 Lakhs in TS Innovations Private Ltd, happened to be a Subisidary of the company holding 74% of the Shares
• 5 Corresponding quarter/Year figures have been re-grouped /re-classified wherever necessary to confirm to the classification of the current period.

For Tera Software Limited

DIN : 00107886 T. Gopichand Chairman & Managing Director

Place: Hyderabad Date : 14.11.2023

TERA SOFTWARE LIMITED CONSOLIDATED CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 30.09.2023

	Rupees in Lakhs
Particulars	Year Ended	Year Ended	Year Ended
	30.09.2023	30.09.2022	31.03.2023
A. Cash flow from operating activities
Net Profit / (Loss) before tax as per Profit & Loss Statement	265.08	(111.14)	865.56
Adjustments for:
Depreciation and amortisation	7.67	12.08	23.49
Sundry Credit Balances Written Back	-		1,421.00
Interest Income	(36.47)	(21.74)	(40.15)
Bad Debts Written Off	57.08		3,333.39
Finance Cost	166.23	(393.17)	(636.20)
Advances Written off	-		347.53
Changes in Assets and Liabilities:
Trade receivables	639.35	420.40	2,222.27
Other Non Current Financial Assets	(140.68)	1,167.82	760.33
Other Non Current Assets	32.76	30.02	(42.13)
Other Current Financial Assets	(1,080.87)
Other Current Assets	128.33	93.68	(1,044.83)
Inventories	7.56	41.53	261.71
Trade Payables	(414.43)	(964.96)	(4,954.35)
Long Term Provisions	(42.01)		26.54
Other Current Liabilities	(117.59)	7.27	(159.95)
Short Term Provisions	53.97	41.12	(65.92)
Other Financial Liabilities	200.66	709.39	382.32
Cash generated from operations	(273.35)	1,032.30	2,700.61
Income tax paid	114.40	-	575.94
Net cash flow from operating activities (A)	(158.95)	1,032.30	3,276.55
B. Cash flow from investing activities
Property, Plant & Equipment	(7.22)	-0.69	(23.49)
Sale of Land Interest Income	- 36.47	21.74	306.30 40.15
Net cash flow from Investing activities (B)	29.25	21.05	323.26
C. Cash flow from financing activities
Short Term Barrowings(Net)	425.52	(1,671.68)	(3,687.36)
Long Term Borrowings Interest Paid	88.54 (166.23)	22.28 393.17	48.44 636.2
Net cash flow from Financing activities (C)	347.83	(1,256.23)	(3,002.72)
Net increase in Cash and cash equivalents (A+B+C)	218.12	(202.88)	597.7
Opening balance of Cash and cash equivalents	1,600.81	1,004.11	1,003.11
Closing balance of Cash and cash equivalents	1,818.93	801.23	1,600.81
Components of Cash and Cash Equivalents
Cash and cheques on Hand	9.10	10.61	9.40
Balances with Banks
-On Current Accounts	1,302.52	12.65	1,009.03
-On Deposit Accounts	507.31	777.97	582.38
Cash and cash Equivalent as per Note 7	1,818.93	790.62	1,600.81

For Tera Software Limited

GOPICHAN D TUMMALA

Digitally signed by GOPICHAND TUMMALA DN: cn=GOPICHAND TUMMALA c=IN o=Personal Reason: I am the author of this document Location: Date: 2023-11-14 22:23+05:30

Chairman & Managing Director

DIN : 00107886

Place: Hyderabad T. Gopichand Date : 14th Nov 2023