Visagar Polytex Ltd — Interim / Quarterly Report 2021

Feb 12, 2021

==> picture [209 x 73] intentionally omitted <==

12[TH] FEBRUARY, 2021

The Bombay Stock Exchange Limited Corporate Communication Department, Dalal Street, Fort Mumbai - 400001 BSE Scrip ID –VIVIDHA BSE ScripCode -506146	The National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 ISIN Code-INE370E01029

Sub : Adoption of Unaudited Financial Result for the quarter and Nine months ended 31[st] December, 2020

Dear Sir,

In pursuance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015), we hereby submit the Unaudited Financial Results along with the Limited Review Report for the quarter and Nine months period ended 31[st] December, 2020.

Kindly take the same on your record and oblige.

Thanking You.

Yours Faithfully,

==> picture [267 x 124] intentionally omitted <==

Enclosed:A/a

==> picture [489 x 65] intentionally omitted <==

==> picture [210 x 74] intentionally omitted <==

VISAGAR POLYTEX LIMITED

STATEMENT OF STANDALONE UN-AUDITED FINA	STATEMENT OF STANDALONE UN-AUDITED FINA	NCIAL RESULTS FOR THEQUARTER AND NINE MONTH ENDED 31ST DEC 2020	NCIAL RESULTS FOR THEQUARTER AND NINE MONTH ENDED 31ST DEC 2020	NCIAL RESULTS FOR THEQUARTER AND NINE MONTH ENDED 31ST DEC 2020	NCIAL RESULTS FOR THEQUARTER AND NINE MONTH ENDED 31ST DEC 2020	NCIAL RESULTS FOR THEQUARTER AND NINE MONTH ENDED 31ST DEC 2020	NCIAL RESULTS FOR THEQUARTER AND NINE MONTH ENDED 31ST DEC 2020
		( In Lacs)
Sr. No.	PARTICULARS	3 MONTHS ENDED			9 MONTHS ENDED		YEAR ENDED
		31.12.2020	30.09.2020	31.12.2019	31.12.2020	31.12.2019	31.03.2020
		UN-AUDITED			UN-AUDITED		AUDITED
1	Income
a)	Revenue from Operations	146.90	140.85	300.92	430.84	839.68	1,016.96
b)	Other Income	-	-	2.38	-	13.22	14.44
	Total Income (a+b)	146.90	140.85	303.30	430.84	852.90	1,031.40
2	Expenses
a)	Cost of Materials Consumed	-	-	10.97	-	44.72	51.41
b)	Purchase of stock-in-trade	130.19	147.90	188.84	465.76	429.12	557.48
c)	Changes in inventories of finished goods, work-in-progress and stock- in-trade.	(10.14)	(25.46)	42.57	(47.93)	114.99	59.87
d)	Employees benefits expenses	1.22	1.71	6.56	3.18	25.55	35.62
e)	Finance Costs	2.38	9.13	32.37	11.53	80.80	31.79
f)	Depreciation and amortisation expenses	-	-	-	-	-	74.45
g)	Other Expenses	5.79	2.95	12.42	16.35	35.47	45.19
	Total Expenditure (a+b+c+d+e+f+g)	129.44	136.23	293.73	448.89	730.65	855.81
3	Profit / (Loss) from Ordinary activities before exceptional items and tax (1-2)	17.46	4.62	9.57	**(18.05) **	122.25	175.59
4	Exceptional items	-	-	-	-	1,610.92	1,610.92
5	Profit / (Loss) from ordinary activities before tax (3-4 )	17.46	4.62	9.57	**(18.05) **	**(1,488.67) **	(1,435.33)
6	Tax expenses-Current tax	-	-	-	-	-	-
	-Defered tax	-	-	-	-	-	-
	Total tax	-	-	-	-	-	-
7	Net profit/ (Loss) for the period from continuing operations (5- 6)	17.46	4.62	9.57	**(18.05) **	**(1,488.67) **	(1,435.33)
8	Profit/(Loss) from discontinued operations	-	-	-	-	-	-
9	Tax expense of discontinued operations	-	-	-	-	-	-
10	Profit/(Loss) from discontinued operations after tax (8-9)	-	-	-	-	-	-
11	Profit/(Loss) for the period(7+10)	17.46	4.62	9.57	**(18.05) **	**(1,488.67) **	(1,435.33)
12	Other Comprehensive Income	-	-	-	-	-	-
13	Total Comprehensive Income	17.46	4.62	9.57	**(18.05) **	**(1,488.67) **	(1,435.33)
14	Face Value	1.00	1.00	1.00	1.00	1.00	1.00
15	Paid-up equity share capital (Rs.Lacs)	2,927.01	2,927.01	2,697.01	2,927.01	2,967.01	2,927.01
16	Earnings Per Share (for continuing and discontinued operations)
	a) Basic	0.01	0.00	0.00	**(0.01) **	**(0.50) **	(0.49)
	b) Diluted	0.01	0.00	0.00	**(0.01) **	**(0.50) **	(0.49)
Note:- 1 2 3 4 5 The above Unaudited Financial Results will be available on the website of the Company-www.visagarpolytex.in and BSE-www.bseindia.com and NSE-www.nseindia.com. The above mentioned results were reviewed by Audit Committee and approved at the meeting of Board of Directors of the Company held on 12th February, 2020. The Company operates in single segment. Hence no segment wise figures are published. The Statutory Auditors of the Company have carried out limited review of Unaudited Financial Results for the quarter & Nine months ended 31st December 2019 as required by SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 & related report is being submitted to the concerned Stock Exchange. Previous period/ year figures have been regrouped/rearranged whenever necessary to confirm with the current period/year presentation.

5 The above Unaudited Financial Results will be available on the website of the Company - www.visagarpolytex.in and BSE - www.bseindia.com and NSE - www.nseindia.com. For Visagar Polytex Limited Tilokchand Kothari 12.02.2020 Managing Director DIN:00413627

Place : Mumbai Date : 12.02.2020

==> picture [447 x 68] intentionally omitted <==

==> picture [249 x 34] intentionally omitted <==

==> picture [454 x 4] intentionally omitted <==

==> picture [454 x 4] intentionally omitted <==

==> picture [454 x 5] intentionally omitted <==

==> picture [454 x 5] intentionally omitted <==

==> picture [454 x 5] intentionally omitted <==

==> picture [454 x 5] intentionally omitted <==

==> picture [454 x 5] intentionally omitted <==

==> picture [454 x 4] intentionally omitted <==

To the Board of Directors ofVisagarPolytexLimited

LIMITED REVIEW REPORT TO VISAGAR POLYTEXLIMITED

1. We have reviewed the accompanying statement of Standalone Unaudited Financial Results of VisagarPolytexLimited (“the Company”) for the quarter and nine monthsended 31st December 2020, being submitted by the company, pursuant to the Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (As amended).

2. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors. Our responsibility is to issue a report on these financial statements based on our review.

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

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

For S. C. Mehra & Associates LLP Chartered Accountants Firm Registration No. 106156 W

SURESH Digitally signed by SURESH CHHAGANLAL CHHAGANLAL MEHRA Date: 2021.02.12 17:09:22 MEHRA +05'30' CA Suresh C Mehra Partner M. No : 039730 UDIN : 21039730AAAAEF3779

Place: Mumbai Date: 12-02-2021

==> picture [581 x 67] intentionally omitted <==