Ref: SECTL/2021 - 74 | July 15, 2021 |
BSE Limited | National Stock Exchange of India Limited |
Phiroze Jeejeebhoy Towers, | Exchange Plaza, 5th Floor, Plot No. C/1, G-Block, |
Dalal Street, | Bandra-Kurla Complex, Bandra (East) |
MUMBAI - 400 001 | MUMBAI - 400 051 |
Scrip Code: BSE - 532974 | NSE - BIRLA MONEY |
Dear Sir / Madam,
Sub : Submission of Unaudited Financial Results for the quarter ended June 30, 2021 along with Limited Review Report pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Please find enclosed the Unaudited Financial Results of the Company for the quarter ended June 30, 2021 along with the Limited Review Report by the Auditors taken on record by the Board of Directors of the Company at its meeting held today.
This is for your information and record.
Thanking you,
Yours faithfully,
For Aditya Birla Money Limited
SANGEETA MUKESH SHETTY
Digitally signed by
SANGEETA MUKESH SHETTY Date: 2021.07.15 13:05:39 +05'30'
Sangeeta Shetty Company Secretary
Encl.: A/A
STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30,2021
Quarter Ended | Year Ended | ||||
Particulars | June 30, | March 31, | June 30, | March 31, | |
2021 | 2021 | 2020 | 2021 | ||
(Unaudited) | (Refer Note 2) | (Unaudited) | (Audited) | ||
1 | Revenue from Operations | ||||
Interest Income | 1,399.53 | 1,313.81 | 919.87 | 4,338.20 | |
Fees and Commission Income | 3,699.42 | 3,528.13 | 3,117.31 | 13,634.70 | |
Net Gain on Fair Value Changes | 182.88 | 59.01 | 347.00 | 1,087.90 | |
Total Revenue from Operations | 5,281.83 | 4,900.95 | 4,384.18 | 19,060.80 | |
2 | Other Income | 64.20 | 86.48 | 85.36 | 278.06 |
3 | Total Income (1+2) | 5,346.03 | 4,987.43 | 4,469.54 | 19,338.86 |
4 | Expenses | ||||
(a) Finance costs | 545.06 | 499.30 | 584.58 | 2,206.44 | |
(b) Business Partners Payout | 1,520.90 | 1,446.29 | 1,066.39 | 5,054.59 | |
(c) Impairment on financial instruments | 6.12 | 35.60 | 15.35 | 92.71 | |
(d) Employee benefits expense | 1,538.18 | 1,488.75 | 1,428.04 | 5,999.16 | |
(e) Depreciation and Amortisation Expense | 171.27 | 194.78 | 164.71 | 702.24 | |
(f) Other Expenses | 774.48 | 796.26 | 708.62 | 3,043.76 | |
Total Expenses | 4,556.01 | 4,460.98 | 3,967.69 | 17,098.90 | |
5 | Profit before tax (3- 4) | 790.02 | 526.45 | 501.85 | 2,239.96 |
6 | Tax Expense | ||||
Current Tax | 256.48 | 211.84 | 158.58 | 763.72 | |
Deferred Tax | (28.58) | (53.96) | (11.14) | (102.14) | |
Total Tax Expense | 227.90 | 157.88 | 147.44 | 661.58 | |
7 | Profit after tax for the period (5-6) | 562.12 | 368.57 | 354.41 | 1,578.38 |
8 | Other Comprehensive Income (OCI) | ||||
(i) Items that will not be reclassified to profit or loss in subsequent periods | 3.80 | 48.35 | 55.44 | 110.31 | |
(ii) Income tax relating to items that will not be reclassified to profit and loss | 0.96 | 12.17 | 13.95 | 27.76 | |
Other Comprehensive Income (Net of Tax) (i-ii) | 2.84 | 36.18 | 41.49 | 82.55 | |
9 | Total Comprehensive Income (7+8) | 564.96 | 404.75 | 395.90 | 1,660.93 |
10 | Paid Up Equity Share Capital | 563.01 | 563.01 | 563.01 | 563.01 |
(Face Value of Re.1 each) | |||||
11 | Reserves excluding Revaluation Reserve /Other Equity | 4,225.27 | |||
12 | Earnings per Equity Share of Re. 1/- each | ||||
Basic- Rs. | 1.00 | 0.65 | 0.63 | 2.80 | |
Diluted -Rs. | 1.00 | 0.65 | 0.63 | 2.80 | |
(Not annualised) | (Not annualised) | (Not annualised) | (Annualised) | ||
SEGMENTWISE REVENUE, RESULTS, ASSETS AND LIABILITIES FOR THE QUARTER ENDED JUNE 30,2021 | |||||
Quarter Ended | Year Ended | ||||
1 | Segment Revenue | June 30, | March 31, | June 30, | March 31, |
2021 | 2021 | 2020 | 2021 | ||
(Unaudited) | (Refer Note 2) | (Unaudited) | (Audited) | ||
Broking | 4,631.28 | 4,369.90 | 3,629.00 | 16,164.21 | |
Trading in Securities | 511.06 | 378.56 | 601.03 | 2,272.18 | |
Others | 139.49 | 152.49 | 154.15 | 624.41 | |
Total Segment Revenue from Operations (Net) | 5,281.83 | 4,900.95 | 4,384.18 | 19,060.80 | |
Quarter Ended | Year Ended | ||||
2 | Segment Results | June 30, | March 31, | June 30, | March 31, |
2021 | 2021 | 2020 | 2021 | ||
(Unaudited) | (Refer Note 2) | (Unaudited) | (Audited) | ||
Broking | 664.51 | 504.77 | 243.80 | 1,589.03 | |
Trading in Securities | 217.65 | 111.44 | 325.29 | 1,045.32 | |
Others | (44.20) | (21.94) | (20.13) | (82.86) | |
Total Segment Result | 837.96 | 594.27 | 548.96 | 2,551.49 | |
Less: Finance Costs | 112.14 | 154.30 | 132.47 | 589.59 | |
Add: Other Income | 64.20 | 86.48 | 85.36 | 278.06 | |
Profit Before Tax | 790.02 | 526.45 | 501.85 | 2,239.96 |
Quarter Ended | Year Ended | ||||
3 | Segment Assets | June 30, | March 31, | June 30, | March 31, |
2021 | 2021 | 2020 | 2021 | ||
(Unaudited) | (Refer Note 2) | (Unaudited) | (Audited) | ||
Broking | 74,006.36 | 61,943.90 | 45,595.58 | 61,943.90 | |
Trading in Securities | 26,360.74 | 26,336.58 | 18,963.64 | 26,336.58 | |
Others | 58.95 | 61.98 | 64.15 | 61.98 | |
Total Segment Assets | 1,00,426.05 | 88,342.46 | 64,623.37 | 88,342.46 | |
Add: Unallocated Corporate Assets | - | - | 0.19 | - | |
Total Assets | 1,00,426.05 | 88,342.46 | 64,623.56 | 88,342.46 | |
- | - | - | |||
Quarter Ended | Year Ended | ||||
4 | Segment Liabilities | June 30, | March 31, | June 30, | March 31, |
2021 | 2021 | 2020 | 2021 | ||
(Unaudited) | (Refer Note 2) | (Unaudited) | (Audited) | ||
Broking | 62,746.11 | 51,972.97 | 36,905.46 | 51,972.97 | |
Trading in Securities | 26,515.58 | 25,937.24 | 18,981.34 | 25,937.24 | |
Others | 243.49 | 181.53 | 44.33 | 181.53 | |
Total Segment Liabilities | 89,505.18 | 78,091.74 | 55,931.13 | 78,091.74 | |
Add: Unallocated Corporate Liabilities | 5,567.63 | 5,462.44 | 5,169.18 | 5,462.44 | |
Total Liabilities | 95,072.81 | 83,554.18 | 61,100.31 | 83,554.18 | |
Notes
- The above results have been reviewed by the Audit Committee of the Board and approved by the Board of Directors at its meeting held on July 15, 2021.The Unaudited financial results of the company for the Quarter ended June 30, 2021 have been subjected to limited review by the auditors.
- The figures of the last quarter are the balancing figures between audited figures in respect of the full financial year up to March 31, 2021 and the unaudited published year- to-date figures up to December 31, 2020, being the date of the end of the third quarter of the financial year which were subjected to limited review.
By Order of the Board
For Aditya Birla Money Limited
TUSHAR HAREND RA SHAH
Digitally signed by
TUSHAR HARENDRA SHAH Date: 2021.07.15 12:13:27 +05'30'
Tushar Shah
Director
DIN: 00239762
Place : Mumbai
Date: July 15,2021
Chartered Accountants
One International Center,
Tower 3, 27"-32" Floor,
Senapati Bapat Marg,
Elphinstone Road (West)
Mumbai, 400 013
Maharashtra, India
Tel: +91 22 6185 4000
Fax: +91 22 6185 4001
INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS OF ADITYA BIRLA MONEY LIMITED
- We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of ADITYA BIRLA MONEY LIMITED (the "Company"), for the quarter ended June 30, 2021 (the "Statement"), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
- This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
- We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
- Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.
For DELOITTE HASKINS & SELLS LLP
Chartered Accountants
Firm's Registration No. 117366W/W-100018
JAIN MUKESH KUMAR PARASMAL
Digitally signed by JAIN MUKESH KUMAR PARASMAL Date: 2021.07.15 12:48:59 +05'30'
Mukesh Jain
Partner
Membership No. 108262
UDIN: 21108262AAAANK4035
Place: Mumbai
Date: July 15, 2021
Regd. Office: One International Center, Tower 3, 27th - 32nd Floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai - 400 013, Maharashtra, India. (LLP Identification No. AAB-8737)
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Aditya Birla Money Ltd. published this content on 15 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 July 2021 07:50:03 UTC.