A provision is recognized when the company has a present obligation as a result of past event; it is probable that an
outflow of resources will be required to settle the obligation, in respect of which a reliable estimate can be made.
Provisions are not discounted to its present value and are determined based on best estimate required to settle the
obligation at the balance sheet date. These are reviewed at each balance sheet date and adjusted to reflect the current
best estimates.
(l) Earnings per share:
Basic earnings per share is calculated by dividing the net profit or loss for the period attributable to equity
shareholders by the weighted average number of equity shares outstanding during the period.
For the purpose of calculating diluted earnings per share, the net profit or loss for the period attributable to equity
shareholders and the weighted average number of shares outstanding during the period are adjusted for the effects of
all dilutive potential equity shares.
(m) Foreign Currency Transactions:
Foreign exchange transactions are recorded at the rate prevailing on the date of respective transaction. Monetary
assets and liabilities denominated in foreign currencies as at the balance sheet date are translated at the closing
exchange rates on that date. Non-monetary items which are carried in terms of historical cost denominated in a
foreign currency are reported using the exchange rate at the date of transaction. Exchange differences arising on
foreign exchange transactions settled during the year and on restatement as at the balance sheet date are recognized in
the statement of profit and loss for the year.
(n) Balance Confirmations:
Balance of Debtors & Creditors & Loans & advances Taken & giving are subject to confirmation and subject to
consequential adjustments, if any. Debtors & creditors balance has been shown separately and the advances received
and paid from/to the parties is shown as advance from customer and advance to suppliers.
(o) Regrouping:
Previous year's figures have been regrouped and reclassified wherever necessary to match with current year grouping
and classification.
(p) Prior Period Items:
Prior Period and Extraordinary items and Changes in Accounting Policies having material impact on the financial
affairs of the Company are disclosed in financial statements if any.
Notes:
1. Current Ratio increased by 192.12% during the F.Y 2024-2025 due decrease in current liabilities during the F.Y 2024-2025 as
compared to F.Y 2023-2024.
2. Debt-Equity Ratio decreased by 97.02% during the F.Y 2024-2025, due to Increase in Equity during the F.Y 2024-2025 as compared to
F.Y 2023-2024.
3. Debt Servicde Coverage Ratio increased by 144.06% during the F.Y 2024-2025, due to decrease in Debt Service during the F.Y 2024¬
2025 as compared to F.Y 2023-2024.
4. Return on Equity decreased by 60.09% during the F.Y 2024-2025, due to increase in Shareholder's Equity during the F.Y 2024-2025 in
comparision to F.Y 2023-2024.
5. Inventory Turnover Ratio increased by 37.07% during the F.Y 2024-2025, due to increase in Sales during the F.Y 2024-2025 as
compared to F.Y 2023-2024.
6. Trade Payables Turnover Ratio increased by 40.92% during the F.Y 2024-2025, due to increase in Net Credit Purchase during the F.Y
2024-2025 as compared to F.Y 2023-2024.
7. Net profit Ratio decreased by 39.34% during the F.Y 2024-2025, due to increase in Net Sales during the F.Y 2024-2025 as compared
to F.Y 2023-2024.
8. Return on Capital Employed Ratio decreased by 53.53% during the F.Y 2024-2025, due to increase in Capital Employed during the
F.Y 2024-2025 as compared to F.Y 2023-2024.
9. Return on Investment Ratio decreased by 136.77% during the F.Y 2024-2025, due to decrease in Market Value at the end of the year
during the F.Y 2024-2025 as compared to F.Y 2023-2024.
NOTE 29.
No transactions to report against the following disclosure requirements as notified by MCA pursuant to amended Schedule III:
a) Crypto Currency or Virtual Currency.
b) Benami Property held under Prohibition of Benami Property Transactions Act, 1988 and rules made thereunder.
c) Registration of charges or satisfaction with Registrar of Companies.
d) Relating to borrowed funds
i) Wilful defaulter
ii) Utilisation of borrowed funds & share premium
iii) Borrowings obtained on the basis of security of current assets
iv) Discrepancy in utilisation of borrowings
v) Current maturity of long term borrowings
e) There are no layer of companies, hence no disclosures are required.
f) There is no scheme of arrangement approved in terms of section 230 to 237 of Companies Act, 2013.
g) There are no loans and advances in the nature of loans that are granted to promoters, directors, KMP's and other related parties
either severally or jointly with anyother person that are repayable on demand.
f) The company does not have any transaction not recorded in the books of accounts that has been surrendered or disclosed as income
during the year in the income tax assessments under the Income tax Act, 1961.
g) The company has not advanced or loaned or invested funds to anyother person(s) or entity(ies), including foreign entities
(intermediaries) with the understanding that the intermediaries shall:
(i) Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the
company (ultimate beneficiery) or
(ii) Provide any guarantee, security or the like to or on behalf of the Ultimate beneficieries
h) The company has not received from any person(s) or entity(ies), including (funding party) with the understanding that the
company shall:
(i) Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the
company (ultimate beneficiery) or
(ii) Provide any guarantee, security or the like to or on behalf of the Ultimate beneficieries.
NOTE 30. DISCLOSURE OF TRANSACTIONS WITH STRUCK OFF COMPANIES
The Company did not have any material transactions with companies struck off under Section 248 of the Companies Act, 2013 or
Section 560 of Companies Act, 1956 during the financial year.
For Jay Gupta & Associates For and on behalf of Board of Director
(Erstwhile Gupta Agarwal & Associates)
Chartered Accountants
SUBRATA DEY PRITISH SUBRATA DEY
MANAGING DIRECTOR DIRECTOR
Badri Prasad Singhania DIN:06747042 DIN:08235311
(Partner)
Mem No: 058970
Date : 30.05.2025 JANVHI AJIT TAWDE SAPNA BADAR
Place : Kolkata CFO COMPANY SECRETARY
UDIN: 25058970BOENBX1771
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