CIN :L99999MH1992PLC066360 Date: August 05, 2020
To,
Bombay Stock Exchange Limited ,
1st Floor, P.J. Towers,
Dalal Street,
Mumbai – 400001.
Scrip Code:500389
Subject:Unaudited Finanacial Results for the Quarter Ended June 30 ,2020.
Reference: Quarterly submissions of Financial results under Regulation 33
of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.
Dear Sir/Madam, Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Unaudited Finanacial Results of Silverline Technologies Limited (Scrip code: 500389) for quarter ended June 30, 2020. A copy of the Limited Review Reportof the Auditors of the Company in respect of the said Results is enclosed herewith
Please take the same on your records..
Thanking you, Yours faithfully, For Silverline Technologies Limited
______________________________ Ravi Subramanian Director Din: 02151804 Add: Unit 121, SDF IV, Seepz, Andheri (East), Mumbai – 400096
Regd. Office : Silverline Technologies Ltd., Unit-121, SDF IV, Seepz, Andheri (E), Mumbai-400 096. INDIA. Tel.: (+91 022) 2829 1950, 2829 0322 • Fax : (+91 022) 2829 1206 • www.silverline.com
http://www.silverline.com/
Silverline Technologies Limited CIN ‐ L99999MH1992PLC066360
Reg Office ‐ SD FIV SEEPZ Andheri East Mumbai ‐ 400 096 UN‐AUDITED FINANCIAL RESULTS STANDALONE FOR THE QUARTER ENDED 30th JUNE, 2020
Rs. In Millions Sr. No.
Particulars
Quarter Previous Quarter
Corresponding Quarter
Year Ended
Ended Ended Ended Un‐audited Audited Un‐audited Audited30‐Jun‐20 31‐Mar‐20 30‐Jun‐19 31‐Mar‐20
1 Income From Operation 23.89 5.45 7.52 28.23
2 Other Income
3 Total Income (1+2) 23.89 5.45 7.52 28.23
4 Expenditure
a. Cost of Raw Material Consumed ‐ ‐ ‐ ‐
b. Purchase of stock in trade ‐ ‐ ‐ ‐
c. Change in inventory of finished goods/ stock‐in trade and work in process
‐ ‐ ‐ ‐
d. Employee benefit expenses ‐ ‐ ‐ ‐
e. Finance cost ‐ ‐ ‐ ‐
f. Depreciation and Amortisation ‐ ‐ ‐ ‐
g. Other Expenses 19.86 5.27 6.48 25.00
Total Expenditure[a+b+c+d+e+f+g] 19.86 5.27 6.48 25.00
5 (loss)/Profit Before Exceptional Item 4.03 0.18 1.04 3.23
6 Exceptional Item ‐ ‐ ‐
7 Profit/(loss) after exceptional Item(5‐6) 4.03 0.18 1.04 3.23
8 Tax Expenses 0.84 0.04 0.24 0.74
9 Profit (Loss) for the period from continuing operations (7‐8)
3.19 0.14 0.80 2.49
10 Profit/(loss) from discontinuedoperations ‐ ‐ ‐ ‐
Regd. Office : Silverline Technologies Ltd., Unit-121, SDF IV, Seepz, Andheri (E), Mumbai-400 096. INDIA. Tel.: (+91 022) 2829 1950, 2829 0322 • Fax : (+91 022) 2829 1206 • www.silverline.com
http://www.silverline.com/
11 Tax expenses of discontinued operations ‐ ‐ ‐ ‐
12 Profit/(loss) from Discontinuedoperations (after tax) (10‐11) ‐ ‐ ‐ ‐
13 Profit/(loss) for the period (IX+XII)
14
Other Comprehnsive Income
a)i) Income that will not be classified to profit or loss
‐ ‐ ‐ ‐
ii) Income tax relating to income not tobe classifed to profit or loss
‐ ‐ ‐ ‐
b)i) Item that will be reclassied in profitor loss
‐ ‐ ‐ ‐
ii) Income tax relating to items that will be reclassied to profit or loss
‐
‐
‐
‐
Total Comprehensive Income for the period (13+14)Comprising Profit (Loss) and Other comprehensive Income for the period )
‐
‐
‐
‐
15 Paid‐up Equity Share Capital (Rs.10) 599.85 599.85 599.85 599.85
16 Earning Per Shares (EPS) Rs.
Before Extraordinary Item
a) Basic 0.05 0.01 0.01 0.04 b) Diluted 0.05 0.01 0.01 0.04
After Extraordinary Item
a) Basic 0.05 0.01 0.01 0.04 b) Diluted 0.05 0.01 0.01 0.04
1. The above Financial result were reviewed by Audit Committee and were thereafter approved by Board of Directors in their meeting held on 05/08/2020 2. Figures for the previous financial period has been re‐arranged and re‐grouped wherever necessary
For Silverline Technologies Limited
Ravi Subramanian (Din No.02151804) Director Mumbai 5th August, 2020
Regd. Office : Silverline Technologies Ltd., Unit-121, SDF IV, Seepz, Andheri (E), Mumbai-400 096. INDIA. Tel.: (+91 022) 2829 1950, 2829 0322 • Fax : (+91 022) 2829 1206 • www.silverline.com
http://www.silverline.com/
@ IMT CHARTERED ACCOUNTANTS.O]fice
N1 _ |a, Laud Mansion, 1st Flooq Above yES Bank, M. Karve Road,
19y:r r !{ ], Charni Road (E), Mumbai 400 00 4 , Tet. :9r-22-2:38774irt23g210lgMobile : 98210 24846 . E-mall: [email protected], arun [email protected]
ToThe Board of DirectorsSILVERLINE TECHNOLOGIES LIMITED
We have reviewed the accompanying Statement of unaudited Standalone financial results olSilverline Technorogies Limited ('thi company") for the quarter ended 30th June, 2020 andyear to date from l"t Apriro 2020 to 30th June,2b20 ("the Statement,,)being submitted by thecompany pursuant to the requirements of Regulation i3 of th" Securiiies r'r"6ffi"n"u.a "rIndia (Listing Obligations and,Disclosure Reqiirements) Regulations, 2015 ( ;th;
-fi-g"" .on,,)
as amended ("the Lisfing Regulation").
This.Statement is the responsibility of the company's management and approved by the Boardof Directors has been prepared.in accordance with ihe .".og:nition una -"u.u."o'# frin"rpr".laid down in Indian Accounting Standard 34 ,,Interim i'inanciat n"porti"g; lrna'-ai :+lprescribed under Section 133 ofthe Companies Act, 2013 read with relevant rlutes issued thereunder and other accounting principles generally accepted in India. our responsiu;iity is io i.ru" ureport on the Slatement based on our rer iew.
we conducted our review in accordance with the Standard on Review Engagements (sRE) 24r0,"Review of Interim Financial Information performed by the Independent-A-uditor oi tne 6ntity,,issued by the Institute ofChartered Accouniants oflndia. This standard requires that we plan andperform the review to obtain moderate assurance as to whether the Statement is free of materialmisstatement. A review is limited primarily to inquiries of the company personner ,nJ uruSni*rprocedures applied to financial data and thus provide less assurance than an audit. We have notperformed an audit and accordingly, we do noi express an audit opinion.
Based on our review conducted as stated above, nothing has come to our attention that causes usto believe that the accompanying statement, prepaied in accordance with the uppii.uut"A^ccounting Standards specified under Section 133 of the companies Act,2013 read wiih Rute zof the
-companies (Accounts) Rules, 2014 and other recognized accounting fru"ii.", uraprinciples generally accepted in India, has not disclosed the iniormation required"to u" aiJo*ain. terms of Regulation 33 of the Securities Exchange Board of India (Lisiing ourig",i"r,
""aDisclosure Requirements) Regulations, 2015, includiig the manner in which itls to b; dis;sed,or that it contains any material misstatement.
Place: MumbaiDate z 0210912020
For JMT & AssociatesChartered Accountants(Firm Regn. No.l04I67W)
NN\Arun S Jain '
PartnerMembership No. 043161
UDIN-20043 161AAAADU7439
trer@Er,,-ipNo. 431 61
@ IMT CHARTERED ACCOUNTANTS.O]fice
N1 _ |a, Laud Mansion, 1st Flooq Above yES Bank, M. Karve Road,
19y:r r !{ ], Charni Road (E), Mumbai 400 00 4 , Tet. :9r-22-2:38774irt23g210lgMobile : 98210 24846 . E-mall: [email protected], arun [email protected]
ToThe Board of DirectorsSILVERLINE TECHNOLOGIES LIMITED
We have reviewed the accompanying Statement of unaudited Standalone financial results olSilverline Technorogies Limited ('thi company") for the quarter ended 30th June, 2020 andyear to date from l"t Apriro 2020 to 30th June,2b20 ("the Statement,,)being submitted by thecompany pursuant to the requirements of Regulation i3 of th" Securiiies r'r"6ffi"n"u.a "rIndia (Listing Obligations and,Disclosure Reqiirements) Regulations, 2015 ( ;th;
-fi-g"" .on,,)
as amended ("the Lisfing Regulation").
This.Statement is the responsibility of the company's management and approved by the Boardof Directors has been prepared.in accordance with ihe .".og:nition una -"u.u."o'# frin"rpr".laid down in Indian Accounting Standard 34 ,,Interim i'inanciat n"porti"g; lrna'-ai :+lprescribed under Section 133 ofthe Companies Act, 2013 read with relevant rlutes issued thereunder and other accounting principles generally accepted in India. our responsiu;iity is io i.ru" ureport on the Slatement based on our rer iew.
we conducted our review in accordance with the Standard on Review Engagements (sRE) 24r0,"Review of Interim Financial Information performed by the Independent-A-uditor oi tne 6ntity,,issued by the Institute ofChartered Accouniants oflndia. This standard requires that we plan andperform the review to obtain moderate assurance as to whether the Statement is free of materialmisstatement. A review is limited primarily to inquiries of the company personner ,nJ uruSni*rprocedures applied to financial data and thus provide less assurance than an audit. We have notperformed an audit and accordingly, we do noi express an audit opinion.
Based on our review conducted as stated above, nothing has come to our attention that causes usto believe that the accompanying statement, prepaied in accordance with the uppii.uut"A^ccounting Standards specified under Section 133 of the companies Act,2013 read wiih Rute zof the
-companies (Accounts) Rules, 2014 and other recognized accounting fru"ii.", uraprinciples generally accepted in India, has not disclosed the iniormation required"to u" aiJo*ain. terms of Regulation 33 of the Securities Exchange Board of India (Lisiing ourig",i"r,
""aDisclosure Requirements) Regulations, 2015, includiig the manner in which itls to b; dis;sed,or that it contains any material misstatement.
Place: MumbaiDate z 0210912020
For JMT & AssociatesChartered Accountants(Firm Regn. No.l04I67W)
NN\Arun S Jain '
PartnerMembership No. 043161
UDIN-20043 161AAAADU7439
trer@Er,,-ipNo. 431 61
Covering Letter - June 2020Quarterly Resullts - June 2020Result 30 06 2020 STL (1)Limited_Rev_Rpt_STL -June 2020
Limited_Rev_Rpt_STL_QTR_30.6.20