ultracab®2019/09/02 · in accordance with indian accounting standard 18 on revenue and schedule...
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Ref: UiLlCSIBM/Q4I2018-19
To,
Corporate Governance Department
BSE Limited
P. J. Towers, Dalal Street,
Fort, Mumbai - 400001.
Sub; Outcome of Board Meeting - Financial Results
Ref: 1) Script ID: “ULTRACAB", Script Code: 538706
Dear Sir,
ULTRACAB®WIRES & CABLES
An ISO 9001:2008 Certified Company
Date: 09/02/2019
Pursuant to Regulation 33 read with Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations 2015, we wish to inform you that the Board of Directors
of the Company, at its meeting held on today i.e. 09‘h February 2019, at registered office of the
Company has inter alia, approved the following:
1. Unaudited Standalone Financial Results for the quarter ended on 31St December, 2018.
2. Limited Review Report for the quarter ended on 31St December, 2018,
The Meeting of the Board of Directors commended at 11.00 am. and Concluded at 12.30 pm.
Kindly note the above information on records.
Thanking You.
For and on behalf of Board of Directors of
ULTRACAB (INDIA) LlMl .
%
F65 9980
ULTRACAB (INDIA) LIMITED
Regd. Office a. Works : Sr. No. 262. Corporate Office : 0303. Imperial Heights, Head Office : OMCe Na. 1801, Haware lnfoteck Park.B/H. Galaxy Bearings Ltd. Shapar (Veraval) Opp. Big Bazaar. 150 Ft. Ring Road, Rajkot-SBOOOS. Plot No. - 39/3. Sector No. 30-A, Vashi. Navi Mumbai - 400 703
Dist. : Rajkot-360024. Gujarat, INDIA. Tel. : +91 281 - 2588136. 2588236 Tel. 2 +91 22 - 20870306, 20870307
Tel. : +91 2827 - 253122123 E-mail : [email protected] E-Mail : [email protected] : [email protected] IS 7095 is 14255 15:594 13'1554
Web : wwwultraoabin lwww.ultraoabwiras.com m mCIN No L31300GJ2007PL0052394
E 352‘“ E 352‘“ ”ML 36(154 K "(6%:ML 36475‘2 ZWL 7999423
ULTRACAB(INDIA)LIMITED
cm
:
L31300GJ2007PLC052394
(RUPEESIN
LAKHS)
STATEMENTOF
STANDALONEFINANCIALRESULTFORTHEQUARTERENDED31-12-2018
PARTICULARS
'
Quarterended
NineMonthEnded
YearEnded
31-12-2018
30-09-2018
31-12-2017
31-12-2018
31-12-2017
31.03.2018
Unaudited
unaudited
Unaudited
Unaudited
Unaudited
Audited
(a)
NetSales/Incomefromoperations
(b)
OtherIncome
2084.26 3.54
1923.07 5.61
1178.89 15.38
5537.91 10.97
3696.68 32.25
4923.51 8.12
TOTALINCOMEFROMOPERATION(a+b)
2087.81
1928.67
1194.27
5548.88
3728.93
4931.63
Expenses (a)
Costof
materialsconsumed
(b)
Changein
inventoriesof
finishedgoods,
workin
progress,stockin
trade
(c)
Employeebenefits
expenses
(d)
Financecosts
(e)
Depreciation81
amortizationexpenses
(f)
Othersexpenses
2008.39 (251.95) 61.38 70.24 20.27 130.68
1630.12
1.27'
63.16
62.88 19.96 117.55
1012.67 (95.14) 34.65 56.77 15.87 126.74
4912.88 (256.40) 181.04 191.80 59.14 340.42
3416.01 (423.21) 102.75 157.99 47.63 335.7
4566.22 (669.48) 245.98 218.91 84.10 374.67
2038.99
1894.95
1151.56
5428.88
3636.87
4820.40
MVI'I-nko 10 11 12
TOTALEXPENSES
(a+b+c+d+e+f)PROFIT/(LOSS)BEFOREEXI‘RAORDINARY&
EXCEPTIONALITEMS(
1-2)
EXCEPTIONALITEMS
PROFIT/
(LOSS)BEFORETAX(5-6)
TAXEXPENSES
i.
Currenttax
ii.
Defferedtax
NEI'PROFIT/
(LOSS)AFI'ER
TAXFORTHEPERIOD(7-8)
OtherComprehensiveIncome
A.
Itemsthatwill
not
be
reclassifiedto
Profit&
Loss
B.
Itemsthatwill
be
reclassifiedto
Profit&
Loss
TotalOtherComprehensiveIncomeforthe
period
TotalComprehensiveIncomefor
the
period
Paid
up
equitysharecapital(facevalueof
the
shareshall
be
indicated)
Reservesexcludingrevaluation
reservesas
per
balancesheetof
previous
accountingyear
Earningper
share(
of
RS
10/
each)
(
not
annualised):
a.
Basic
48.81 0.05 48.76 12.85 (3.17) 39.08 0.00 0.56 0.56 39.64 1272.3 695.89 0.31
33.72 0.25 33.47 9.29 (1.70) 25.89 0.00 0.40 0.40 26.28 1272.30 656.25 0.20
42.71 0.00 42.71 10.67 (0.30) 32.34 0.00 0.00 0.00 32.34 1272.30 586.00 0.25
120.00 0.30 119.70 33.72 (3.06) 89.04 0.00 1.93 1.93 90.97 1272.30 695.89 0.70
92.06 0.00 92.06 22.88 0.88 68.30 0.00 0.00 0.00 68.30 1272.30 586.00
111.23 0.61 110.62 39.53 (4.39) 75.48 0.00 0.00 0.00 75.48 1272.30 617.65 0.59
b.
Diluted
0.31
0.20
0.25
0.70
0.59
NOTES :
The above results were reviewed & recommended by the Audit committee of
the board and approved by the board of directors at their meeting held on 09-
02-2019
The statutory auditor of the_company have carried out a limited review of the
results.
This statement has been prepared in accordance with the companies (Indianaccounting standards ) Rules, 2015 (as amended) (IND AS), prescribed under
section 133 of the companies Act,2013 and other recognised accounting
practices and policies to the extent applicable.
Consequent to the introduction of Goods and services Tax (GST) with effect from
15TJuly, 2017. Central Excise, value added tax(VAT) etc. have been subsumed into
GST . In accordance with Indian Accounting standard 18 on Revenue and
schedule ”I of the companies act 2013, unlike Excise duties, levies like GST, VAT
etc. are not part 'of revenue. Accordingly, the figures for the periods up to 31ST
December, 2017 are not strictly relatable to those thereafter.
IND AS 115 Revenue from contracts with customers is mandatory for reporting
period beginning on or after April 01, 2018 and has replaced existing IND AS
related thereto. Under the modified retrospective approach, there were no
significant adjustment required to be made to retained earning as at April 01,2018. Also the application of IND AS 115 did not have any significant impact on
recognition and measurement of revenue and related items in the financial
results for the quarter ended December 31, 2018.
The company does not have more than one reportable primary segment in terms
of Accounting standards, therefore the company is not required to submit
separate segment wise report.
The previous period figures have been regrouped/rearranged/reclassifiedwherever necessary.
The above Financial Results are also available on our website www.ultracab.in
and stock exchange website www.bseindia.com.
Date : 09-02-2019
Place: Rajkot
ingala
Whole—time Director
DIN: 03500393.
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Bhavin
LIMITED REVIEW REPORT
REVIEwREPORTTo‘
_. THE BoARooE’oI‘RECToRs OF'
.
ULTRAcAB' (INDIA) LIMITED-
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Survey No. 262,. B/h. Galaxy Bearings Ltd.,
ShapaereraV-al');a_ .-
., Dist. Rajkot- 360024.'
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Gujarat
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~1.___W-e*;haveereView’edT the acCompanying. statement of unaudited financial result of_ _.
‘
“Ultracab. (India) Limitedfor the period ended 31-12—2018 ("the statements") bing
submittedrby the Company pursuant to Regulation 33 of SEBI (Listing Obligation and
'rDiscIosure Requirements) Regulations, 2015 (the "Listing Regulation, 2015") ith
'
stockfe’xch'a'ngeThis Statement is. the responsibility of the company's Manage 'ent
andl'hasf approved by;the_Board of Directors. Our responsibility to report on t ese
Vfinancialstatementsbbased onour review..
2.'__.We_"cond'UCted our reView’inaccordance With the Standard on Review Engage ent'
‘
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I
h (SRE). 24710, "Review'Of Interim Financial information performed by the Independent
Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This
I
standard:9;requires-f"that ”we plan and perform the review to obtain mod rate,
assurance as to whether the financial statements are free of material misstatem- nt.
3-.- Thi,s_'__review-is limited primarily to inquiries of company personal and anal ticaI
‘
procedures;applied to financial data and thus provide less assurance than an udit. .
.
" we-‘haveinot performed an audit and accordingly, we do nOtexpress an audit
opiniOn, .
'
4
-
4'. Based onour review concluded as above, nothing has come to'our attentio that
"causes, us to believe that the accompanying Statement has'not been prepared in all
.,. material respects-inaccordance with'the applicable Accounting Standards sp -cified
Abulndergiseaion 133 of the Companies Act, 2013 read with rule 7 of the Com-anies
"
(Accounts):Rules, 2014 and Other recognized accounting practices and polici=-s has
:not disCIosed the infOrmation required to be disclosed in terms of Regulations-33 of‘
SEBI =(. Listingobligation and Disclosure RequirementS) Regulations, 2015 inc uding
the. manner in” whiCh it is to be disclosed, or that it contains any mterial
miSstatement, .
'
For M/s. Bhavin Asso iates
Chartered Accoun ants
FRN : 101383w
Place 1: Rajkot ;in.»
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