GCCL INFRASTRUCTURE PROJECTS LIMITED€¦ · 804, SAKAR-IX, BESIDES OLD RBI, ASHRAM ROAD, AHMEDABAD-380 009 INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RESULTS

G C C L INFRASTRUCTURE & PROJECTS LIMITED (CIN No. : L45400GJ1994PLC023416)

Date: 07/08/20 19

Department of Corporate Services

BSE Limited

P. J. Towers, Dalal Street

M~mb&- 400001

Dear Sir/ Madam,

Sub: Outcome of Board Meeting held on August 7,2019

Scrip Code: 531375

Pursuant to Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements)

Regulations, 201 5, the Board of Directors in its Meeting held on Wednesday, August 7,2019

has approved the Unaudited Standalone Finsncial Results for the Quarter end& on June $0,

The Unaudited Standalone Financial Results along with the Limited Review Report is

attached herewith, . ?

Kindly take it on your records. P k

L -- Regd. Mlics : A-115, S i i Vlnayak Tows, Blh DCP Office. Mf. 8 6 . HiirPway, Maksrba. A H M E D ~ ~ 0 0 5 1 .

Tel(0) 07g-29703131, Elmail : info@@infra.com

SORAB S. ENGINEER & CO. (Regd.) CHARTERED ACCOUNTANTS

TELEPHONE : +91 79 29700466 : *91 79 48006782

EMAIL : [email protected] [email protected]

WEB : www.sseco.in

804, SAKAR-IX, BESIDES OLD RBI, ASHRAM ROAD,

AHMEDABAD-380 009

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF ECCL INFRASTRUCTURE AND PROJECTS LIMITED

Introduction We have reviewed the accompanying Statement of Unaudited Financial Kesults of GCCL Infrastructure and Projects Limited ("the Company") fo r the quarter ended J u n e 30, 2019 ("the Statement").

This Statement which is the responsibility of the Company's Management and approved by the Board o f Directors, has been prepared In accordance with the recognition and measurement principles laid down in the Indran Accounting Standard 34 "Interjm Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting princ~ples generally accepted in India. Our responsib~lity IS t o issue a report on the Statement based on our review.

Scope of Review We conducted our review of the Statement in accordance wlth the Standard on Rev~ew Engagements ISRE) 2410 'Review of I n t e r ~ m Financ~al Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India. This Standard r e q i r e s that we plan and perform t l ie review to obtain moderate assurance as to whether the Statement is free of mater~a l misstatement. A review is limited primarily to ioquir~es o f Company personnel and analytical procedures applied t o financial data and thus provides less assurance than an audit, We have not performed an audit and,

b;-- accordingly, we do not express an a u d ~ t opinion.

up tr

;-j$ , Conclusion %:I*

Based on our review conducted as stated above, riothing has come to our at ten t~on that causes us to belleve that the accompanying Statement, prepared in accordance w ~ t h the aforesaid Indian Accounting Standards and other recagnjzed accounting practices and polic'res has not disclosed the information requlred to be disclosed in terms of Regulation 33 of the SEE1 (Listrng Obligations and Disclosure Requirements) Regulat~ons, 2015 including the manner in which it is t o be d~sclosed, or that i t contains any material misstatement.

For Sorab S. Engineer & Co. Chartered Accountants Firm Registration No. 110417W

CA. Chokshi Shreyas B, Partner Mern~bership No. 100892 Ahmcdabad

Head Office : 902, Raheja Centre, Free Press J'ournal Marg, Narirnan Point, Mumbai-400 021. Telephone : +91 22 2282 481 I, 2204 0861 Email : [email protected], [email protected]

Bengaluru Branch : F-1, Vaastu Jayalaxrni, B Street, Opp. Fortis Hospital, 1st Main Road, Sheshadripuram, Bengaluru-560020. Telephone : +919925879234. Email : [email protected]

STATEMENT OF STANDALONE AUDIT€ D RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2019 (Rs. In Lacs)

Quarter Ended Year Ended Sr. NO.

Particulars 30.06.19 33.03.19 30.06.18 31.03.19 (Refar Unaudited

Note Unaudited Audited

1. Income from operations (a) Revenue from Operations 75.19 271.95 170.18 820.95 (b) Other Operating Income 1.40 1.40 (c) Other Income 3.09 1.47 6.14

Totallncome - 79.19 276.44 171.65 828.49 2 Expenses

(a) Cost of materials consumed 92.05 155.49 128.74 643,81 (b) Purchase of stock-in-trade (c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (12.93) (13.70) 32.99 (1.08) (d) Employee benefit expense 28.25 29.61 12.89 94.83 (e) Ffnance Cost 4.16 4.30 2.35 13.74 ( f ) Depreciation and amortlsation expense 3.18 3.11 3.01 12.15 (g) Other Expenses 48.80 13.89 26.65 41.59

I 1 Total Expenses 163.51 1 192.70 1 206.63 1 805.04 ( 3 Profit / (Loss) before Exceptional Items t Tax (1-2) 4 Add/(Less) : ExcepTjonal Item 5 Proflt / (loss) before tax (3+4) 6 Tax Expense :

- Current Tax - (Excess)/short provision related to earlier years - Deferred Tax ,

Total Tax Expense 7 Net Profit / (Loss) for the period aRer tax (5-6) 8 Orher Comprehensive Income (net of tax)

(a) Items that will not be classiffed to profit & Lo$$ (i) Equity Instruments through Other Comprehensive Income (FVOCI) (ii) Income tax related to items no (i) above

Other Comprehensive Income (net of tax) 9 Total Comprehensive lncome for the period (7+8) 10 Paid-up Equity Sham Capital ( Face Value Rs. ID / - per share) 11 Other Equity 11 EPS Rs.-(Not Annualised)

- Basic & D~luted -r& (See accompanying notes to the Financial Results) ,p-.?- -

L 5;

Ahmedabad

5%

The Company has only one reportable segment viz. Trading of Real Estate materials

The Statement includes the results for the quarter ended March 31, 2019 being the balancing figure between audited figures in respect of the full Rnancial year and the published unaudited year to date figures upta third quarter of the W 2018-19 which were subject to limited review by us.

Previous period figures have been re-grouped / re-classified wherever necessary, to confirm to current period's classification.