Vindhya Telelinks Limited

Regd. Office: Udyog Vihar. P.O. Chorhata. Rewa - 486 006 (M.P.) India. Tel.: (07662) 400400 ·Fax: (07662) 400591 E-Mail: [email protected] ·Website: wwvv.vtlrewa.com PAN No. AAACV7757J · CIN No. L3 l 300MP1983PLC002 l 34 GSTIN: 23AAACV7757Jl ZO

29 JUNE 2021

VTL/CS/21-22/

BSE Ltd. Corporate Relationship Department Ist Floor, New Trading Ring, Rotunda Building P.J.Towers, Dalal Street, Fort, MUMBAI - 400 001

The Manager, Listing Department, The National Stock Exchange of India Ltd, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), MUMBAI - 400 051

Company's Scrip Code: 517015

Company's Scrip Code: VINDHYATEL

Dear Sirs,

Sub: Outcome of Board Meeting

This is to inform that the Board of Directors of the Company at its Meeting held today i.e. 29th June, 2021 has inter alia, considered and:

(1) Approved the Audited Standalone and Consolidated Financial Results of the Company for the year ended 31st March, 2021. The Standalone and Consolidated Audited Financial Results of the Company for the year ended 31st March, 2021 alont,rwith the Auditor's I~eports on Audited Standalone and Consolidated Financial Results by the Statutory Auditors Messrs BGJC & Associates LLP, Chartered Accountants and Declaration on Audited Standalone and Consolidated Financial Results duly signed by the Chief Financial Officer of the Company are enclosed herewith (Attached herewith as Annexure-A).
(2) Clarifications concerning audited consolidated financial results pertaining to the financial year 2020-21 of Vindhya Telelinks Limited under Regulation 33 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Attached herewith as Annexure-B).
(3) Recommended Dividend of Rs.10/- per share (i.e. 100%) on 1, 18,50,863 Equity Shares of face value of Rs. 10 /- each of the Company for the financial year 2020-21, subject to approval of the same by the Shareholders in the ensuing Thirty Eighth Annual General Meeting of the Company. Upon approval of shareholders, the dividend declared will be paid within 30 days of declaration, subject to deduction of applicable Tax at Source as per the provisions of Income Tax Act, 1961 and rules made thereunder.

The aforesaid meeting of the Board of Directors of the Company commenced at 3.45 P.M. and concluded at 8:00 P.M.

Thanking you,

Annexure-A

Vindhya Telelinks'Limited·

Regd. Office : Udyog Vihar. P.01 Chorhata, Rewa - 486 006 (M.P.) India. E : headoffice@vtlrewa com P:·+91 7662 400 400 J F: +91 7662 400 591

29 JUNE 2021

VTUCF0/21-22/

BSE Ltd. Corporate Relationship Department 1" Floor, New Trading Ring, Rotunda Building P.J.Towers, Dalal Street, Fort, . MUMBAl-400 001

The Manager, Listing Department, The National Stock Exchange of India Ltd, Exchange Plaza, C-1, Block G, · Bandra Kurla Complex, Bandra (E), MUMBAl-400 051

Company's Scrip Code: 517015

Company's Scrip Code: VINDHYATEL

Dear Sirs,

Sub: Declaration on Audite.d Financial Results (Standalone & Consolidated) pursuant to Regulation 33(3)(d) of the Securities and. Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

The Board of Directors of the Company at its meeting held on 29'" June, 2021 has approved the Audited Financial Results (Standalone & Consolidated) of the Company for the year ended 31" March, 2021 and ·we hereby declare that the Statutory Auditors of the Company, Messrs BGJC & Associties LLP, Chartered Accountants, (Firm Registration No.003304N/N500056) have issued an Audit Report with unmodified opinion thereon.

This declaration is issued in compliance with the provisions of the Regulation 33(3)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended by the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2016 vide notification dated 25'" May, 2016 read with SEBI Circular No.CIR/CFD/CMD/56/2016 dated 27"' May, 2016.

This Declaration may kindly be taken on your records.

Thanking you,

Yours faithfully, For~~Limited

(Saurabh Chhajer) Chief Financial Officer

•

Independent Auditor's report on audited quarterly and year to date financial results of Vindhya Teleli11ks Limited pursuant to regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To tl1e Board of Directors ofVindhya Telelinks Limited

Report on the audit of the Financial Results

Opinion

We have audited the accompanying financial results (''the Statement'') of Vindhya·Telelinks Lhnited (''the Company.,') for tlre .quarter and year ended Mar.cl1 31, 2021, pursuant to Regulation 33 (8) of the S-ecurities at1d Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as an1ended (''Listing Regulations'').

In our opinion and to the best of our information and according to the explanations given to us, the Statement:

a. is presented in accordance with the reqni11mlents of Regulation 33 of the Listing Regulations in tllis regard; and
b. gives a true and fair view in confotmity \Vith the reco.gnition and ineasurement principles laid down in the applicable Indi~n accounting standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial info1mation of the Company for the quarter and year ended March 31, 2021.

Basis for Opinion

We co.nducted ou1· audit of the annual financial stateme11ts i11 accordance with the Standards on Audititig (SAs) isstied by the Institute of Chartered A.ccountants of India (IC"~). Our l"esponsibilities under those Standards are further described in the Auditor's Responsibilities for t1'1e Aztdit of the AnrziLal Financial Statements section of our report. We are independent of the. Company in accordance ~vith the Code of Ethics issued by the Institute of Chartered Accountants of India together with the independence requireme11ts that are releva11t to our audit of the annual financial statements under the provisions of the Act and the Rules made the.re under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have-0btained is sufficient and appropriate to provide a basis for our opinion.

Responsibilitie.s o·fthe Management for the Annual Financial Statements

These quarterly financial results as well as the year-to-date financial results have been prepared on t11e ba·sis of the anntial financial statements. The Company's Board of Directors is responsible for the preparation of these annual fmancial results that give a ttue and fail' view of the net profit and othet' comprehensive ineon1e and other financial information in acc-0rdance with the Indian Accounting Standards prescribed under Section 1.33 of the Act read with relevant rnles issued there under and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Reg1tlations. This responsibility also includes maintenance of the adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company ai1d for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the annual financial statements that give a hue and fair view and are free from material misstatement, whether due to fraud or en·or.

Raj Tower-I, G-1, AlaknandaCommunity Center, Ne'.v Delhi-110 -019, India Ph.; 91 11 2602 5140 E-mail: bgjc@bgjcht Delhi Gurugram Noida Udaipur OST No.; 07AAAFB0028K1ZW

In preparing the annual financial statemei1ts, the Board of Directors of the Company is responsible for assessing the ability of the Con1pany to contin11e as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis. of accounting unless management either inter1ds to liquidate the Company or to cease operations, or has no realistic alternative but to do so. The Board of Directors of the Company is also responsible for overseeing the fmancial reporting process of the Company.

Auditor's ResP6nsibilities for the Audit of the Annual Financial Statements

Our objectives are to obtain reasonable assurance about whether the annual financial statements as a whole are free from material misstatement? whetl1er due to fraud or er1or, and to issue an auditor's 1-eport that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accorda11ce with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to int1uence the economic decisions of users take~ on the basis of these annual financial statements.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

Identify and assess the risks -0f material misstatement of the annual financial statements, whether due to fi"aud or error, design and perfonn audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opiniGn. The risk of not detecting a material rrilssta.tement resulting fron1 fraud is higher than for one resulting from error, as fraud may involve coll11sion, forgery, intentional omissions, misrepresentations, or the override of internal control .
Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, for the purpose of expressing an opinion on effectiveness of the Company's internal financial controls.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management
Conclude on the appropriateness of management's ltse of the going concern basis ·of accounting ancL based on the audit evidence obtained, whether a material uncertainty exists related to events or conditioos that n1ay cast significant doubt on the ability of t11e Company to continue as a going concern.. If we conclude that a 1naterial uncertainty exists~ we are required to draw attention in our auditors report to the 1·elated disclosures in the a.nnual fmancial statements or, if such disclosl1res are inadequate, to modify our opinion" Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. Hovre,rer, future evet1ts or conditions may catlSe the Group to cease to continue as a going concen1.
Evaluate the overall presentation, structure and content of the annual financial statements, including the disclosures, and whether the annual financial statements represent the underlying transactio11s and events in a n1anner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters~ the planned scope and tin1ing of the audit and significant audit fmdings, including any significant deficiencies in internal control that '-Ve identify during our audit.

We also provide those charged with governance with a statement t.hat "ve have complied with relevant ethical requiren1ents regarding i11dependence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable~ related safeguards.

The Sraten1ent includes the results for the quarter ended March 31, 2021 and the c~nding quarter ended in the previous year as reported in these annual financial :results are the balanci1tg figure between audited figures. in respect of the full financial year and the published year to date figmes up to the tJmd q1mrter of the relevant financial year \Vhich were subject to limited review,, as required •mder the Listing Regulations.

Other Matters

The comparative financial information of the Company for the year ended March 3 I, 2020 included in the statement, are based on the previously issued statutory financial statements prepared in accordance with the -c·ompanies (Accounting Standards) Rules, 2006 audited by the predecessor auditor whose report for the year ended March 31, 202() dated June 01, 2020 expressed an unmodnred opinion on those financial :statements.

Our opinion is not modified in respect of this. matter ..

For.BGJC & Associates LLP Chartered. Accotmtants Firm Registration Number: 003304N/N500056

lfDIN: 2 I 0983-08 3532

Place:. New Delhi Date: June 29~ 2021

$\mathcal{N}{\mathcal{A}}^{\mathcal{A}} \leq \mathcal{N}{\mathcal{A}}^{\mathcal{A}}$

$\sim 0$

$\mathcal{P}_{\mathcal{P}}$

$\mathcal{F}=\mathcal{F}$

$x = 0, x = 0, x = 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0,$

VINDHYA TELELINKS LIMITED

Regd. Office: Udyog Vihar, P.O.Chorhata, Rewa - 486 006 (M.P.) CIN: L31300MP1983PLC002134 Telephone No: 07662-400400, Fax No: 07662-400591 Email: [email protected]; Website: www.vtirewa.com

STATEMENT OF AUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH, 2021

(Tin lakhs)

$-$

		Quarter Ended			Year Ended
SI.No.	Particulars	31.03.2021	31.12.2020	31 03:2020	31.03.2021	31.03.2020
		(Audited)	(Unaudited)	(Audited)	(Audited)	(Audited)
	Income
	Revenue from Operations${a}$	55656.28	33715.92	45908.79	150205.52	188319.31
	Other Income(b)	74.06	31.62	107.73	2369.80	1896.19
	Total Income	55730.34	33747.54	46016.52	152575.32	190215.50
	Expenses
	(a) (i) Cost of Raw Materials Consumed	12386.26	6246.19	7784.88	27527.20	32483.19
	(ii) Cost of Materials and Other Contract Expenses	19969.49	16286.72	27359.01	63178.39	127191.81
	(b) Changes in Inventories of Finished Goods andWork-in-Progress, etc.	8726.42	2908.16	(652.50)	21324.44	(17382.65)
	Employee Benefits Expense(c)	2303.77	2158.91	2532.97	8763.55	9646.75
	Finance Costs(d)	1968.60	1849.77	2317.63	7803.47	9701.54
	Depreciation and Amortisation Expense(e)	678.63	650.80	498.15	2336.82	2073.24
	Other Expenses(f)	3630.17	1842.41	2602.57	8394.91	10369.38
	Total Expenses	49663.34	31942.96	42442.71	139328.78	174083.26
3	Profit before Tax (1-2)	6067.00	1804.58	3573.81	13246.54	16132.24
	Tax Expense
	(a) Current Tax	1555.05	481.00	998.18	3018.57	4090.83
	(b) Earlier year Tax expense/(written back).		20.67	(100.09)	(3.00)	(309.47)
	(c) Deferred Tax	11.65	(64.22)	(147.07)	(124.65)	(338.64)
	Profit for the Period (3-4)	4500.30	1367.13	2822.79	10355.62	12689.52
	Other Comprehensive Income (OCI)
	Items that will not be re-classified to Profit or Loss${a}$	209.14	295.81	(1652.12)	1701,76	(7073.17)
	(b) Taxes relating to the above items	(25.92)	(20.86)	49.86	(66.26)	685.48
	Total Other Comprehensive Income	183.22	274.95	(1602.26)	1635.50	(6387.69)
	Total Comprehensive Income for the Period(Net of Tax) (5+6)	4683.52	1642.08	1220.53	11991.12	6301.83
	Paid-up Equity Share Capital(Face value of ₹10/- per Share)	1185.09	1185.09	1185.00	1185.09	1185.00
9	Other Equity				87446.84	76640.43
10	Basic & Diluted Earning Per Share (₹)(not annualised)	37.97	11.54	23.82	87.38	107.08

STANDALONE SEGMENT-WISE REVENUE, RESULTS, ASSETS AND LIABILITIES

$[2]$

		Quarter Ended	Vear Ended
Particulars	31.03.2021	31.12.2020	31.03.2020	31.03.2021	31.03.2020
	(Audited)	(Unaudited)	(Audited)	(Audited)	(Audited)
Segment Revenue
Cables(a)	25649.63	8815.08	9257.59	48192.89	45116.60
Engineering, Procurement & Construction (EPC).$(b)$ .	36506.29	25770.79	38855.56	110347.86	154472.69
Total	62155.92	34585.87	48113.15	158540.75	199589.29
Less: Inter-Segment Revenue	6499.64	869.95	2204.36	8335.23	11269.98
Total Revenue from Operations	55656.28	33715.92	45908.79	150205.52	188319.31
Segment Results
Segment Profit before Tax and Interest
Cables${a}$	3770.14	722.08	908.29	5815.71	6002.92
Engineering, Procurement & Construction (EPC)(b)	4063.78	2803.42	4551.07	12821.12	18099.97
Total	7833.92	3525.50	5459.36	18636.83	24102.89
Less; Interest (Net)	(1623.66)	(1540.23)	(2018.18)	(6636.07)	(8374.18)
Add: Other Unallocable Income (Net of UnallocableExpenses)	(143.26)	(180.69)	132.63	1245,78	403.53
Total Profit before Tax	6067.00	1804.58	3573.81	13246.54	16132.24
Segment Assets
Cables(a)		41249.18		45366,27	38278.38
Engineering. Procurement & Construction (EPC)(b)		175487.57		178394.10	205463.57
Unallocated Corporate Assets(c)		18871.58		18864.34	16751.70
Total Assets		235608.33		242624.71	260493.65

(C in lakhs)

St.

$\langle \frac{1}{2}, \frac{1}{2} \rangle$

$\sim$

$\alpha$

$\frac{1}{\left(2\alpha\right)^{2}}$ .

$\sim$

Segment Liabilities
Cables${a}$	11750.48	11811.99	7243.65
Engineering, Procurement & Construction (EPC)(b)	60552.12	68699.69	85237.10
Unallocated Corporate Liabilities(c)	79357.32	73481.10	90187.47
Total Liabilities	151659.92	153992.78	182668.22

$\mathcal{F}$ .

$\begin{array}{ccccccccccccc} & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & & &$

$\frac{1}{2}$

$\frac{1}{2}$ , $\frac{1}{2}$ , $\frac{1}{2}$ ,

Pick.

$\begin{array}{ccc} \mathcal{L} & \mathcal{R} & \mathcal{R} & \mathcal{R} & \mathcal{R} \ \mathcal{L} & \mathcal{L} & \mathcal{R} & \mathcal{R} & \mathcal{R} \ \end{array}$

the control of the control

$\mathcal{C}(\mathbb{R}^d)$

$\label{eq:1.1} \mathcal{M}=-\mathcal{M}$

$\overline{\mu}_1 = \pm \overline{\mu}_1 = \cdots = \pm \overline{\mu}_n$

$\frac{1}{\Delta}$

e gib

$\alpha = \alpha$ .

Contd. 3

$\label{eq:12} \begin{array}{lll} \mathbf{H} & \mathbf{H} & \mathbf{H} \ \mathbf{H} & \mathbf{H} & \mathbf{H} \ \mathbf{H} & \mathbf{H} & \mathbf{H} \ \mathbf{H} & \mathbf{H} & \mathbf{H} \ \mathbf{H} & \mathbf{H} & \mathbf{H} \ \mathbf{H} & \mathbf{H} & \mathbf{H} \ \mathbf{H} & \mathbf{H} & \mathbf{H} \ \mathbf{H} & \mathbf{H} & \mathbf{H} \ \mathbf{H} & \mathbf{H} & \mathbf{H} \ \mathbf{H} & \mathbf{H} & $

$\sim$

$\mathcal{A}$ COR.

THE CASE

$\mathcal{L}(\mathcal{A}) = \mathcal{L}(\mathcal{A}) = \mathcal{L}(\mathcal{A})$ 354.000

$\mathcal{R}=\mathcal{R}=\mathcal{R}$ $\mathcal{C}(\mathcal{A})$ . $\mathcal{F} = \mathcal{F}$ 19 BK (1

$\frac{m}{4}=\frac{m}{2}\frac{1}{m}\left(\frac{m}{m}\right)$

$-10.5$

$\alpha = \frac{1}{2} \left( \frac{1}{2} \right)$

$\alpha$

$\mu=1.4$ The Control of

ingerSeriesSeries

$\sim 100$

$-100$

$\alpha$ , in , $\alpha$

$\infty$ . $\infty$ $\mathcal{A} \subset \mathbb{R}^n$ .

all like a

$\begin{array}{c} \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L} \rightarrow \mathcal{L$

$\overline{\bullet}$

$\mathcal{C}(\mathbb{R}^n)$ . $\mathcal{C}(\mathbb{R}^n)$

$\label{eq:2.1} \mathcal{L}(\mathcal{A}) = \mathcal{L}(\mathcal{A}) = \mathcal{L}(\mathcal{A}) = \mathcal{L}(\mathcal{A})$

$\sim$

$\begin{split} \int_{-\infty}^{\infty} \frac{e^{-2t}}{(t^2-1)^2} , dt & = \frac{2}{\pi} \left( \frac{1}{2} , e^{-2t} \right)^2 , dt \ & = \frac{1}{2} \left( \frac{1}{2} , e^{-2t} \right)^2 , dt & = \frac{1}{2} \left( \frac{1}{2} , e^{-2t} \right)^2 , dt \ & = \frac{1}{2} \left( \frac{1}{2} , e^{-2t} \right)^2 , dt & = \frac{1}{2} \left( \frac{1}{2} , e^{-2t} \right)^2 , dt \ & = \frac{1}{2} \left( \frac$

$\sim$

ing an in the paint

$\mathcal{H}^{\prime}$ , and $\begin{bmatrix} \psi & \psi & \star & \mathcal{F} \ \psi & \psi & \star & \mathcal{F} \end{bmatrix},$

project the en- $\mathbf{y} = \mathbf{y} + \mathbf{y}$

$\mathcal{L}^{\text{max}}_{\text{max}}$

and the control

$\label{eq:2.1} \begin{array}{c} \mathbf{a} = \frac{\mathbf{a}^2}{\sqrt{2}} \mathbf{a}^2 + \frac{\mathbf{a}^2}{\sqrt{2}} \mathbf{a}^2\ \mathbf{a} = \frac{\mathbf{a}^2}{\sqrt{2}} \mathbf{a}^2 + \frac{\mathbf{a}^2}{\sqrt{2}} \mathbf{a}^2 \end{array}$

$\begin{array}{c} \bullet & \bullet \ \bullet & \bullet \ \bullet & \bullet \ \end{array}$

÷,

$\sim$ 190 $^{\prime\prime}$

$\sim$

340

$\mathbb{R}$

in BarrisPara de Per

$\mathbf{x} = \mathbf{y} - \mathbf{y} - \mathbf{y} - \mathbf{y}$ , where

$\mathcal{L}$

$\sim$

$\begin{array}{ccccccccc} \mathcal{G} & \mathcal{G} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & \mathcal{H} & $

$\frac{1}{2} \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac{1}{2} \right) \left( \frac$ $(3, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1,$

$\frac{16}{160} = \frac{160}{160} = \frac{53}{160}$

STANDALONE BALANCE SHEET

$\sim$ $\sim$

$\frac{1}{2}$ $\frac{1}{2}$

$\langle\overline{\nabla}$ in labins)

$\sim$

$-40$

SI.No.	Particulars	25.26332As at31.03.2021	As at31.03.2020
A	ASSETS
	(1) NON-CURRENT ASSETS
	Property, Plant and Equipment(a)	13953.03	11522.36
	Capital Work-in-Progress(b)		1914.18
	Investment Property(c)	91.86	94.18
	Intangible Assets$\left( d \right)$	24.11	44.76
	Financial Assets(e)
		16578.27	14965.64
	(i) Investments
	(ii) Trade Receivables	428.05	4111.56
	(iii) Other Financial Assets	1229.78	2260.65
	(f) Non-Current Tax Assets	2117.51	1629.02
	Other Non-Current Assets${z}$	24.00	187.24
	Total Non-Current Assets	34446.61	36729.59
	CURRENT ASSETS(2)
	Inventories${a}$	74752.22	97402.77
	Financial Assets(b)
	(i) Trade Receivables	115406.55	110216.45
	(ii) Cash and Cash Equivalents	549.37	347.08
	(iii) Bank Balances Other than (ii) above	1783.80	861.75
	(iv) Others Financial Assets	1019.31	3043.54
	Current Tax Assets$(c)$ .	178.48	347.38
	Other Current Assets(d)	14487.93	11524.09
	Total Current Assets	208177.66	223743.06
	Assets Classified as held for Sale/Disposal	0.44	21.00

	Total Assets	242624.71	260493.65
B	EQUITY AND LIABILITIES
	EQUITY
	Equity Share Capital$\langle a \rangle$	1185.09	1185.00
	Other Equity(b)	87446.84	76640.43
	Total Equity.	88631.93	77825.43
	LIABILITIES
	(I) NON-CURRENT LIABILITIES
	Financial Liabilities
	${a}$	23518.41	36433.71
	(i) Borrowings		876.83
	(ii) Other Financial Liabilities	819.18
	Provisions(b)	2972.96	1822.25
	Deferred Tax Liabilities (Net)(c)	16.90	97.72
	Total Non-Current Liabilities	27327.45	39230.51
	CURRENT LIABILITIES(2)
	Financial Liabilities(a)
	(i) Borrowings	32757.74	46634.40
	(ii) Trade Payables
	Due to Micro and Small Enterprises	4556.98	1184.44
	Due to Other than Micro and Small Enterprises	48936.34	57443.15
	(iii) Other Financial Liabilities	17391.50	6976.62
	Other Current Liabilities${p}$	21540.38	28285.34
	Provisions(c)	1335.94
			2913.76
	Current Tax Liabilities(d)	146.45
	Total Current Liabilities	126665.33	143437.71
	Total Equity and Liabilities and the Contract of the Contract of Total Equity and Liabilities	242624.71$\label{eq:1.1} \begin{array}{cccccccccc} \mathbf{w} & & & & & & & & & \ \mathbf{w} & & & & & & & & \ \mathbf{w} & & & & & & & \ \end{array}$	260493.65

Contd...4

$\overline{\mathcal{M}}$ . In (

$\sim$

SILLER

$\label{eq:11} \begin{array}{cccccccccc} \mathbf{u} & & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{u} & & & \mathbf{$

STATEMENT OF STANDALONE CASH FLOW

$\left\lceil 4 \right\rceil$

Description		For the year ended31st March, 2021		For the year ended31st March, 2020
		$($ $\bar{z}$ in lakhs)	$($ in lakhs)	(₹in lakhs)	$(7 \text{ in lakhs})$
A.	CASH FLOW FROM OPERATING ACTIVITIES
	Net Profit Before Tax		13246.54		16132.24
	Adjustments for:
	Depreciation and Amortisation Expenses(Profit)/Loss on Disposal of Fixed Assets (Net)	2336.82		2073.24
	Provision for Warranty Expenses (Net)	0.03		0.10
	Provision for MTM of Derivative Instruments	1588.296.37		966.71
	(Gain)/Loss on Unrealised Foreign Exchange Rate Fluctuations			$(2)$ .12)
	On Borrowings	81.08		291.67
	On Others	23.14		(55.91)
	Allowance for Doubtful Trade Receivables (Net)Interest Income	84.30		249.56
	Dividend Income	(182.58)(1937.05)		(339.65)
	Rent from Investment Property	(57.24)		(1186.51)(57.24)
	Interest Expense	6915.25		8798.59
			8858.41		10719.44
	Operating Profit before Change in Assets and Liabilities		22104.95		26851.68
	Change in Assets and Liabilities:
	Increase/(Decrease) in Trade Payables and Provisions	(3935.00)		(15763.16)
	Decrease/(Increase) in Trade Receivables/Contract Assets/Contract	(15402.76)		18090.77
	Liabilities
	Decrease/(Increase) in InventoriesDecrease/(Increase) in Loans and Advances	22650.55		(17088.03)
		3277.31		(2721.93)
	Cash Flow generated from/(used in) Operations		6590.1028695.05		(17482.35)
	Direct Taxes Paid (Net of Refunds)		(3211.14)		9369.33
	Net Cash Flow from/(used in) Operating Activities (A)		25483.91		(6011.41)3357.92
B.	CASH FLOWS FROM INVESTING ACTIVITIES
	Purchase of Fixed Assets
	Proceeds from sale of Fixed Assets	(2769.04)25.10		(3526.10)
	(Investment)/Maturity of Bank Deposits	28.23		391.991931.09
	Proceeds from Government Grants	207.14		1096.17
	Rent from Investment Property	57.24		57.24
	Interest ReceivedDividend Received	179.74		337.51
	Net Cash Flow from/(used in) Investing Activities (B)	1937.05		1186.51
e r			(334.54)		1474.41
L	CASH FLOWS FROM FINANCING ACTIVITIESProceeds from Share Capital
	Proceeds from Securities Premium	0.09		0.42
	Proceeds from Long Term Borrowings	0.385472.38		1.666619.62
	Repayment of Long Term Borrowings	(8350.00)		(2916.06)
	Proceeds from Short Term Borrowings	138.32		30871.13
	Repayment of Short Term Borrowings	(13987.64)		(28941.38)
	Repayment of Lease Liability - PrincipalRepayment of Lease Liability - Interest	(51.78)		(38.88)
	Interest Paid	(96.59)		(84.76)
	Dividend Paid	(6900.99)(1171.25)		(8639.88)(1407.34)
	Dividend Distribution Tax			(106.29)
	Net Cash Flow from/(used in) Financing Activities (C)		(24947.08)		(4641.76)
	Net Increase/(Decrease) in Cash and Cash Equivalents (A+B+C)		202.29		190.57
	Cash and Cash Equivalents at the beginning of the period		347.08		156.51
	Cash and Cash Equivalents at the end of the period		549.37		347.08
	Components of Cash and Cash Equivalents
	Cash on Hand		6.07
	Cash Credit Account		237.27		7.73
	Cheques/Drafts on Hand		188.55		137.45
	Balance in Current Accounts		117.48		201.90
			549.37		347.08

Associates ۰IJ New Delhi $\infty$ ÅС Terred Accounts

$\label{eq:1} \mathcal{F}(\mathcal{H}_1,\ldots,\mathcal{H}_n) = \mathcal{F}(\mathcal{H}_1,\ldots,\mathcal{H}_n)$

Contd...5

$\rightarrow$

$\sim 10^{-10}$

$\mathcal{L}_{\mathcal{A}}$

$\sim 100$

$\approx$

10.00

Notes:

$\mathbf{z}$

The Board of Directors has recommended a dividend at the rate of $\bar{x}$ 10/- (100%) per fully paid up equity share of face value of ₹10/- each for the year ended 31st March, 2021. The payment of dividend is subject to the approval of the shareholders in the ensuing Annual General Meeting of the Company.

$[5]$

The above Audited Financial Results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on 29th June, 2021.

During the quarter, the Company's manufacturing operations and turnkey projects execution (EPC contracts and related services) gradually recovered from the economic slowdown caused by COVID-19 pandemic. The Company has assessed the impact of COVID-19 pandemic on its financial results/ position. As per the current assessment, the Company expects to recover the carrying amounts of inventories, trade receivables and other assets. However, the impact assessment of COVID-19 will be a continuing process given the uncertainties associated with its nature and duration.
The figures of the quarter ended 31st March, 2021 and the quarter ended 31st March, 2020 are the balancing figures 4 between the audited figures in respect of the full financial year and the published unaudited year to date figures upto
- the third quarter of respective financial years which were subject to limited review.
Figures for the previous period/year are re-classified/re-grouped, wherever necessary, to correspond with the current 5 period's/year's classification.

Date: 29th June, 2021

cars and the company $\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{L}^{\text{c}}\mathcal{$ $\label{eq:2.1} \begin{array}{cccccccccc} \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1} & \mathbf{1}$ $S_1 = \mathbb{Z}$ $\mathcal{M}$ $\mathcal{E}=\mathcal{E}$ . $\langle \Phi \rangle$ $\mathbf{a} = \mathbf{a} \times \mathbf{a} \times \mathbf{a}$ CONTRACTOR $\frac{1}{\sqrt{2}}$ , $\frac{1}{\sqrt{2}}$ , $\frac{1}{\sqrt{2}}$ , $\frac{1}{\sqrt{2}}$ 00 122 $\alpha$ . The second state $\alpha$ $\sim$ and the control of $\mathcal{A}^{\mathcal{A}}$ . In the set of $\mathcal{A}^{\mathcal{A}}$ 2010/08/10 10: the control of the $\label{eq:3.1} \begin{array}{cccccccccccccc} \mathbb{P} & & \mathbb{P} & & \mathbb{P} & & \mathbb{P} & & \mathbb{P} & & \mathbb{P} & & \mathbb{P} & & \mathbb{P} & & \mathbb{P} \ \mathbb{P} & & & \mathbb{P} & & \mathbb{P} & & \mathbb{P} & & \mathbb{P} & & \mathbb{P} & & \mathbb{P} & & \mathbb{P} & & \mathbb{P} & \mathbb{P} \ \end{array}$ $-1 + 1$ $\sigma_{\rm c}=0$ COLLE $\alpha$ $\mathcal{F}{\mathcal{E}}$ . Then $\mathcal{M}$ $\mathcal{R}=\mathcal{R}$ . $\label{eq:3.1} \begin{array}{llllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll$ $\mathcal{H}^{\prime}={0,1}$ $\label{eq:3.1} \frac{1}{\sqrt{2}}\left[\frac{1}{\sqrt{2}}\left(2\right)-\frac{1}{\sqrt{2}}\left(2\right)\frac{1}{\sqrt{2}}\left(2\right)-\frac{1}{\sqrt{2}}\left(2\right)-\frac{1}{\sqrt{2}}\left(2\right)-\frac{1}{\sqrt{2}}\left(2\right)\frac{1}{\sqrt{2}}\right]\right]$ $\label{eq:2.1} \begin{array}{llll} \mathcal{E} & & \mathcal{E} & & \mathcal{E} & \ & \mathcal{E} & & \mathcal{E} & & \mathcal{E} \ & & \mathcal{E} & & \mathcal{E} & & \mathcal{E} \ \end{array}$ 大阪一中本 $\begin{array}{cccccccccc} \mathcal{F} & \mathcal{F} & \mathcal{F} & \mathcal{F} & \mathcal{F} & \mathcal{F} & \mathcal{F} & \mathcal{F} \ \mathcal{F} & \mathcal{F} & \mathcal{F} & \mathcal{F} & \mathcal{F} & \mathcal{F} & \mathcal{F} \end{array}$ $\label{eq:2.1} \mathcal{L}=\mathcal{L}=\mathcal{L}=\mathcal{L}=\mathcal{L}=\mathcal{L}=\mathcal{L}=\mathcal{L}=\mathcal{L}$ $\sim$ $\label{eq:R1} \mathbf{E} = -\frac{\partial \mathbf{E}}{\partial \mathbf{E}} \left[ \frac{\partial \mathbf{E}}{\partial \mathbf{E}} \mathbf{E} \right] \mathbf{E}^{\text{H}} \mathbf{E}^{\text{H}} \mathbf{E}^{\text{H}} \mathbf{E}^{\text{H}} \mathbf{E}^{\text{H}} \mathbf{E}^{\text{H}} \mathbf{E}^{\text{H}} \mathbf{E}^{\text{H}} \mathbf{E}^{\text{H}} \mathbf{E}^{\text{H}} \mathbf{E}^{\text{H}} \mathbf{E}^{\text{H}} \mathbf{E}^{\text{H}}$ $\sim$ 100 $\pm$ 100 $\pm$ 9 2 4 $\alpha$ , $\alpha$ $\mathcal{Y}=\infty$ . $\mathcal{L}{\mathcal{M}}$ $\alpha$ . The contract of $\alpha$ $\frac{1}{n} \left[ \begin{array}{ccc} \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{1}{n} & \frac{$ $\frac{1}{\sqrt{2}}\left(1-\frac{1}{2}\right) =\frac{1}{2}\left(1-\frac{1}{2}\right)$ the contract of the contract of $\sim 10^{-1}$ $\frac{1}{\sqrt{2}}\left( \begin{array}{cc} \frac{1}{\sqrt{2}} & \frac{1}{\sqrt{2}} & \frac{1}{\sqrt{2}} \ \frac{1}{\sqrt{2}} & \frac{1}{\sqrt{2}} & \frac{1}{\sqrt{2}} \end{array} \right) = \frac{1}{\sqrt{2}}\left( \begin{array}{cc} \frac{1}{\sqrt{2}} & \frac{1}{\sqrt{2}} \ \frac{1}{\sqrt{2}} & \frac{1}{\sqrt{2}} \end{array} \right) = \frac{1}{\sqrt{2}}\left( \begin{array}{cc} \frac{1}{\sqrt{2}} & \frac{1}{\sqrt{2}} \ \frac{1}{\sqrt{2}} & $ $\label{eq:2.1} \begin{array}{c} \mathbf{E}^{\mathbf{1}}{\mathbf{1}}(\mathbf{x}) = \mathbf{E}^{\mathbf{1}}{\mathbf{1}}(\mathbf{x}) \ \mathbf{E}^{\mathbf{1}}{\mathbf{1}}(\mathbf{x}) = \mathbf{E}^{\mathbf{1}}{\mathbf{1}}(\mathbf{x}) \ \mathbf{E}^{\mathbf{1}}{\mathbf{1}}(\mathbf{x}) = \mathbf{E}^{\mathbf{1}}{\mathbf{1}}(\mathbf{x}) \ \mathbf{E}^{\mathbf{1}}{\mathbf{1}}(\mathbf{x}) = \mathbf{E}^{\mathbf{1}}{\mathbf{1}}(\math$ The control of the $\approx$ $^{-8}$ $^{-1}$ ${\odot}$ $^{-1}$ $^{-1}$ $\sim$ $\mathbf{e}1 = \mathbf{e}1$ , $\mathbf{e}2 = \mathbf{e}2$ 医贝利门氏征胃胃炎 $\mathcal{O}(\mathbb{R}^n)$ . We have $\label{eq:3.1} \frac{1}{2} \left( \frac{1}{2} \ln \left( \frac{1}{2} \right) \right) \frac{1}{2} \ln \left( \frac{1}{2} \right)$ $\frac{1}{\pi}\left[\frac{3\pi}{16},\frac{3\pi}{4},\frac{3\pi}{4},\frac{3\pi}{4},\frac{3\pi}{4},\frac{3\pi}{4},\frac{3\pi}{4},\frac{3\pi}{4},\frac{3\pi}{4},\frac{3\pi}{4}\right]$ $\sim 100$ . The $\sim 100$ $\label{eq:1.1} \mathbf{A}(\mathbf{x}) = \mathbf{A}(\mathbf{x}) \mathbf{A}(\mathbf{x}) \mathbf{A}^{(1)}$ $43 - 38$ ್ಲಿ ಗೆಲ್ಲರೂ ಮಾಡಿದ್ದಾರೆ.ನಿಜನೆಗಳೂ ಕೆಲಸ 5. . . . . . . . . . . . . . . . . . . $\mathcal{F}^{\mathcal{F}}$ , where $\mathcal{F}^{\mathcal{F}}$ $\frac{\partial \mathcal{L}}{\partial \mathcal{L}} = \frac{\partial \mathcal{L}}{\partial \mathcal{L}} = -\frac{\partial \mathcal{L}}{\partial \mathcal{L}} = -\frac{\partial \mathcal{L}}{\partial \mathcal{L}} = -\frac{\partial \mathcal{L}}{\partial \mathcal{L}} = -\frac{\partial \mathcal{L}}{\partial \mathcal{L}} = -\frac{\partial \mathcal{L}}{\partial \mathcal{L}} = -\frac{\partial \mathcal{L}}{\partial \mathcal{L}} = -\frac{\partial \mathcal{L}}{\partial \mathcal{L}} = -\frac{\partial \mathcal{L}}{\partial \mathcal{L}} = -\frac{\partial \mathcal{L}}{\partial \mathcal{L}} = -$ $\sigma{\rm{max}}$ $\mathcal{C}^{\text{max}}$ . The set of $\mathcal{C}^{\text{max}}$ $\mathbf{P}$ . The set of $\mathbf{P}$ $\label{eq:12} \rho{\rm N}^{(0)} = -\frac{1}{160} \qquad \qquad \nonumber \ \frac{1}{160} \qquad \qquad \frac{1}{160} \qquad \qquad \frac{1}{160} \qquad \qquad \frac{1}{160} \qquad \qquad \frac{1}{160} \qquad \qquad \frac{1}{160} \qquad \qquad \frac{1}{160} \qquad \qquad \frac{1}{160} \qquad \qquad \frac{1}{160} \qquad \qquad \frac{1}{160} \qquad \qquad \frac{1}{160} \qquad \qquad \frac{1}{160} \qquad \qquad$ $\begin{pmatrix} 1 & 1 \ 0 & 1 \end{pmatrix}$ and the control $\frac{1}{\sqrt{2}}\left(\frac{2}{\sqrt{2}}\right)^2+\frac{1}{\sqrt{2}}\left(\frac{2\sqrt{2}}{\sqrt{2}}\right)^2+\frac{1}{\sqrt{2}}\left(\frac{2\sqrt{2}}{\sqrt{2}}\right)^2+\frac{1}{\sqrt{2}}\left(\frac{2\sqrt{2}}{\sqrt{2}}\right)^2+\frac{1}{\sqrt{2}}\left(\frac{2\sqrt{2}}{\sqrt{2}}\right)^2+\frac{1}{\sqrt{2}}\left(\frac{2\sqrt{2}}{\sqrt{2}}\right)^2+\frac{1}{\sqrt{2}}\left(\frac{2\sqrt{2}}{\sqrt{2}}\right)^2+\frac{1}{\sqrt{2}}\left(\frac$ $\label{eq:2.1} \frac{\partial \mathbf{u}}{\partial \mathbf{u}} = \frac{\partial \mathbf{u}}{\partial \mathbf{u}} \mathbf{u} + \frac{\partial \mathbf{u}}{\partial \mathbf{u}} \mathbf{u} + \frac{\partial \mathbf{u}}{\partial \mathbf{u}} \mathbf{u} + \frac{\partial \mathbf{u}}{\partial \mathbf{u}} \mathbf{u} + \frac{\partial \mathbf{u}}{\partial \mathbf{u}} \mathbf{u} + \frac{\partial \mathbf{u}}{\partial \mathbf{u}} \mathbf{u} + \frac{\partial \mathbf{u}}{\partial \mathbf{u}} \mathbf{u} + \frac{\partial \mathbf{u}}{\partial \mathbf{u$ 45.000 $\mathcal{A}$ . The set of $\mathcal{A}$ $\mathcal{L} = \mathcal{L}$ $\frac{a}{2}$ , $\frac{a}{2}$ $\frac{1}{2} \sum{i=1}^n \sum{j=1}^n \sum{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1}^n \sum_{j=1$ م ملا ا 승규는 아이들이 아이들이 없었다. $\begin{array}{c} \mathcal{E}^{\mathcal{N}}(\mathcal{E}) \qquad \mathcal{E}^{\mathcal{N}}(\mathcal{E}) \qquad \mathcal{E}^{\mathcal{N}}(\mathcal{E}) \qquad \qquad \mathcal{E}^{\mathcal{N}}(\mathcal{E}) \qquad \qquad \mathcal{E}^{\mathcal{N}}(\mathcal{E}) \qquad \qquad \mathcal{E}^{\mathcal{N}}(\mathcal{E}) \qquad \qquad \mathcal{E}^{\mathcal{N}}(\mathcal{E}) \qquad \qquad \mathcal{E}^{\mathcal{N}}(\mathcal{E}) \qquad \qquad \mathcal{E}^{\mathcal{N}}(\mathcal{E})$ $\label{eq:2.1} \begin{array}{lllllllllll} \mathbf{1}{\mathbf{X},\mathbf{X}} & \mathbf{1}{\mathbf{X},\mathbf{X}} & \mathbf{1}{\mathbf{X},\mathbf{X}} & \mathbf{1}{\mathbf{X},\mathbf{X}} & \mathbf{1}{\mathbf{X},\mathbf{X}} & \mathbf{1}{\mathbf{X},\mathbf{X}} & \mathbf{1}{\mathbf{X},\mathbf{X}} & \mathbf{1}{\mathbf{X},\mathbf{X}} & \mathbf{1}{\mathbf{X},\mathbf{X}} & \mathbf{1}{\mathbf{X},\mathbf{X}} & \mathbf{1}_{\mathbf$ $\mathcal{A}(\mathcal{C})$ . The contract of $\mathcal{C}(\mathcal{C})$

$\sim$ $\sim 2.5$

$\label{eq:12} \mathcal{A} = \mathcal{A} \mathcal{A} = \mathcal{A} \mathcal{A} \mathcal{A}$

$\mathbf{z}_1$ . In

$\mathcal{C}^{\mathcal{C}}=\mathcal{C}^{\mathcal{C}}$

1990

$\mathbf{u} = -\mathbf{v}$

$75$

$\mathcal{L}{\mathcal{A}} = \left{ \begin{array}{ll} \mathcal{L}{\mathcal{A}} \circ \mathcal{L}{\mathcal{A}} & \mathcal{L}{\mathcal{A}} \circ \mathcal{L}{\mathcal{A}} \circ \mathcal{L}{\mathcal{A}} \ \mathcal{L}{\mathcal{A}} \circ \mathcal{L}{\mathcal{A}} \circ \mathcal{L}{\mathcal{A}} \circ \mathcal{L}{\mathcal{A}} \circ \mathcal{L}{\mathcal{A}} \circ \mathcal{L}{\mathcal{A}} \end{array} \right.$

For VINDHYA TELELINKS LIMITED

n Cole

(HARSH V. LODHA)

CHAIRMAN

KOLKATA

DIN: 00394094

$\langle \sigma \rangle$

'Independ.ent Auditor's report on audited consolidated quarterly and year to. date financial .r.esults .of Vindhya Telelinks Limited purs-uant to 1·egulation 33 of th-e SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To the Board of Directors of Vindhya Telelinks Limited

Report on the audit of the Consolidated Finan·cial Results

Opinion

\Ve have audited the accompanying cons-0lidated financial results (the Statement,') of· Vindhya Teielinks Limited ('the Holding Company'') and its subsidiaries (holding company and its subsidiaries together referred to as ''the Group''), its joint ventu.re and associates for the quarter and year ended Ma1·ch 31, 2021, being subn1itted by the Holding Con1pany pursu·ant to Regulation 33 of the Securities and Exci1ange Board of India (Listing Obligations and Disclosure Req11irements) Regulations, 2015~ as amended (''Listing Regulations',).

In our opinion and to the best of our information and according to the explanations given to us, the Staten-ient:

S. no. N·ame of the C·ompany Relation.ship l August Agents Limited (Whoily Owned subsidiary) · 2 Insilco Agents Limited (Wholly Owned subsidiary) . 3 Laneseda Agents Limited (Wholly Ow-ned subsidiary.) . 4 Birla Visabeira Private Limited (Joint Venture) ,.. . ~Universal Cables Limited (Associate) - ' 6 . Birla Corporation Limited (Associate) 7 Punjab Produce Holding Li1nited (Associate)
(a) includes the res11lts of tl1e fo1lowing subsidiaries, associates and joint ,ve11ture:

-(b) is pres·ented in accordance \rith the requirements of Regulation 3 3 .of the Listing Regulations as ame11ded; at1d

( c) gives a true and fair view in confo11ni1y \tith the applicable Indian Accountmg Standards ('Ind AS') and other accounting principles generally accepted in India of consolidated total comprehensive income and other comprehensive income and other financial inforination oftl1e Group for tI1e quarter and year ended March 31, 2021.