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Alfa Transformers ltd. Earnings Release 2021
60672_rns_2022-02-14_a53cae27-8a23-4328-82c8-a701f2ab7706.pdf
Earnings Release
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ALEA TRAI{STORVIERS LTI).
ctN-131 1 020R1 982P1C001 I 51
Regd. Office : Plot No. 3337, Mancheswar Industrial Estate Bhubaneswar-751 01 0, Odisha, lndia Tel.: 91 -674-2580484 Email : [email protected] / [email protected] URL : http//www.alfa.in
ISO 9001 :2O15 Certificate Registration No. 99 100 117 45102
Date: 14th February, 2O22
Tot The BSE Limited, Dept. of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001
Dear Sir/Madam,
Sub: Unaudited Financial Results for the Orlarter ended 31st December, 2021
Scrio Code: 517546
With reference to above and pursuant to Regulation 30 read with Regulation 33 of SEBI (Listing Obligations, and Disclosure Requirements) Regulations, 2015, we would like to inform that the Board of Directors of the Company in their meeting held on today i.e., Monday, 14th February,2022 at 12:00 Noon & concluded at 4:00 P.M. at Pipul Restaurant and Banquets, 148, Mancheswar Industrial Estate, Bhubanes.war, Odisha 751010, have inter alia considered and approved the Unaudited Financial Results of the Company for the Quarter ended 31s December, 2022 (Copy Enclosed herewith) along with other routine business,
You are requested to take above-mentioned hfolmation on your records and oblige us.
Thanking You,
For Alfa Limited
CS Amarnath Tripathy (Company Secretary and Compliance Officer) Date:14.O2.2022 Place: Bhubaneswar
Enclosure: 1, Unaudited Financial Result for the Quafter ended on 3LlL2|2O2L, 2. Limited Review Repoft.
ALFA TRANSFORMERS LIMITED Regd. Office : 3337, Mancheswar Industrial Estate, Bhubaneswar - 751010. CIN NO : L311020R1982PLC001 151 E-mail : [email protected] Website : www.alfa.in
| st.\'l'Ellla\t of't'-.\tDlrEDFIN-\(1,\t. lltist'Lt'sl.'oltl'HEQ[].\R'IER-\NDri.'lNE]lo\TrISE\DEDllstDE(lEl{BER,2021. | ( ( in Lokhs) | ||||||
|---|---|---|---|---|---|---|---|
| Quarter Ended | Nine Months Ended | Year Ended | |||||
| 31st | 31st | 31st | 31st | 31st March, | |||
| December, | December, | December, | December, | 202L | |||
| 2021 | 2020 | 202r | 2020 | ||||
| (Unaudited) | {Unaudited} | (Unaudited) | (Unaudited) | (Audited) | |||
| Revenue | |||||||
| Revenue from Operations | 237.36 | b4q.bu | 642.60 | 1303.13 | L954.O7 | ||
| b) | Other lncome | 3.43 | 3.91 | 11.80 | t5.24 | 19.58 | |
| Total Income (a+b) | 234.79 | 648,5t | 654.40 | 13L8.37 | 1983.55 | ||
| EXPENDITURE : | |||||||
| cost of Materials Consumed | 13s.53 | 452.46 | 48L.92 | 898.10 | 1311.40 | ||
| b) | changes in Inventories of Finished Goods Work-in-Progress | 5.39 | 58.10 | .7.54 | 199.53 | 433.20 | |
| rl | Employee benefits expense | 46.05 | 66.s8 | ts6.76 | L73.76 | 238.95 | |
| e) | Finance Costs | 20.34 | 3r.73 | 68.72 | 87.43 | rr2.87 | |
| f) | Depreciation and Amortization expense | 26.79 | 28.98 | 80.18 | 88.82 | 115.39 | |
| Other Expenses | 81.73 | 15s.32 | 207.50 | 380,08 | 579.85 | ||
| Total Expenses | 315.83 | 793.17 | 1002.52 | 1827.42 | 2792.66 | ||
| 5 | Profit/(Loss) Before Exceptional ltems and Tax (1-2) | (81.041 | (144.66) | {348.221 | (s09.4s1 | (809.01) | |
| 4 | Exceptional ltems | 82.5? | 82.53 | 82.s3 | |||
| ) | Profit/(Loss) Before Tax (3-4) | (81.04) | (52.13) | (348.22) | 1426.szl. | 1726.48l- | |
| 6 | Tax Expenses: | ||||||
| (1) Current Tai | |||||||
| (2) Income Tax earlier year | |||||||
| (3) Deferred Tax Assets/(Liabilities) [Net] | 3.62 | 14.r4 | .452.761 | ||||
| Profit/(toss) for the period (5-6) | (77.42l. | {62.13} | {334.08} | (426.92l, | (tL79.24l. | ||
| 8 | Other Comprehensive Income | ||||||
| A (i) ltems that will not be reclassified to profit or loss | 1.bu | ||||||
| (ii) Income tax relating to items that will not be | |||||||
| reclassified to profit or loss I |
|||||||
| I lB (i) ltems that will be reclassified to profit or loss |
|||||||
| I 1ii) tncome tax relating to items that will be I reclassified to profit or loss |
|||||||
| 9 | I lTotal Comprehensive Income for the year (7+8) |
(77.421 | (62.131 | 334.08) | 1426.s21 | tllT:641 | |
| 10 | I lEarning per equity share (for continuning operation) |
||||||
| I easic (-) |
(0.8s) | (0.58) | (3.65) | 14.671 | lL2.87l | ||
| l(i) l(2) Diluted |
The above unaudited results for the quarter and nine months ended 31st December, 2021 have been reviewed by the Audir CommitteeandapprovedbythetheBoardof Directors attheirmeetingheldonl4lhFebruary,2O22. l-he activities of the Company relates to only one segment i'e Electrical Transformers'
The Company's Third quarter operations are continued to be impacted by the measures imposed to contain the spread of Covid-19. the Company is continuing its operations with current moderate demand and gradual recovery is seen in this second quarter. Accordingly, the results for this quarter are not comparable with those for the previous qqarter and corresponding quarter gf the previous year.
The figures for the corresponding previous period have been regrouped/reclassified wherever considered necessary to confirm to th€ figures represented in the current period. ,j\$?m*"
For, ALFA '1Y<"'.-\
MANAGING 3*;>*-j*lt::;t d;5./
lDrLLrP
14f,,1';;
Place : Bhubaneswar,
Date: Februarv t4,ZO22
To.
PAMS & ASSOCIATES
HARTERED ACCOUNTANTS Plot No: - 506, Unit - IX, Bhoi Nagar, Behind Baya Baba Math, Bhubaneswar - 751 022 Telephone No: 0674-2543528 EMAIL : [email protected], [email protected]
Limited Review Report
The Board of Directors ALFA TRANSFORMERS LIMITED
"We have reviewed the accompanying statement of unaudited financial results of M/s ALFA TRANSFORMERS LIMITED ('The Company') for the quarter ended 31st December, 2021 being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. This statement is the responsibility of the Company's management and has been approved by the Board of Directors at their meeting held on 14th February, 2022. This statement has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards 34 ('Ind AS 34'), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued there under and other accounting principles generally accepted in India. Our responsibility is to issue a report on the financial results based on our review.
We conducted review of the statement in accordance with the standard of Review Engagement (SRE) 2410, "Review of Interim Financial Information Performed by 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 statement is free from material misstatement. A review is limited primarily to inquiries of company personnel and an analytical procedures applied to financial data thus provide less assurance than as audit. We have not performed an audit and accordingly, we do not express as audit opinion
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 for the quarter ended 31st December, 2021 prepared in accordance with the generally accepted accounting standards specified and other recognised accounting practices and policies has not disclosed the information required to be disclosed in term of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, including the manner in which it is to be disclosed, or that it contain any material misstatement.
For PAMS & ASSOCIATES CHARTERED ACCOUNTANTS F.R.N: 316079E
$\sim$ by (CA Satvajit Mishra) Partner M. No: 057293
Place: Bhubaneswar Date: 14th February 2022
UDIN: 22057293 ACAPUL 6661
Offices at Cuttack, Puri, Joda, Mumbai, Bangalore and New Delhi