Netripples Software542117Quarterly results

Board approves unaudited standalone results for quarter and half year ended September 30, 2019

Board approved unaudited standalone results for the quarter and half year ended September 30, 2019.

By ScoutQuest · Tue 27 Oct 2026, 8:03 AM IST · 3 min read

Revenue from operations: ₹161.28 lakh (quarter), ₹525.03 lakh (half year); a year earlier ₹705.84 lakh and ₹1,439.88 lakh
Net profit: ₹6.43 lakh (quarter) and ₹21.68 lakh (half year)
EPS: ₹0.01 and ₹0.03

The Board met on November 12, 2019, from 10.00 AM to 11.00 AM, and approved the unaudited standalone financial results for the quarter and half year ended September 30, 2019.
The update contains the results, the statement of assets and liabilities, the cash flow statement and the auditors' limited review report from BGS and Associates, Chartered Accountants.
The submission is described as an update of old records with a typo correction.

Revenue from operations: 161.28 for the quarter and 525.03 for the half year. In the same periods a year earlier the figures were 705.84 and 1,439.88.
Other income was 0.00 in both periods.
Total expenses: 154.85 for the quarter and 503.35 for the half year, against 697.09 and 1,421.38 a year earlier. The largest line is other (onsite) expenses at 146.62 and 476.62.
Employee benefit expense: 5.35 for the quarter and 17.35 for the half year. Finance costs: 0.00 and 0.00. Depreciation: 2.88 and 9.38.
Profit before exceptional items and tax: 6.43 for the quarter and 21.68 for the half year.
Net profit after tax: 6.43 for the quarter and 21.68 for the half year, against 9.75 and 18.50 a year earlier.
Earnings per equity share (basic and diluted): ₹0.01 for the quarter and ₹0.03 for the half year.

Total assets 1,042.45, of which inventories 875.00, current trade receivables 105.58, property, plant and equipment 21.08 and non-current loans 31.79.
Total equity 1,003.64, made up of equity share capital of 681.69 and other equity of 321.95.
Total liabilities 38.81, mainly deferred tax liabilities of 23.61 and current trade payables of 12.84. Borrowings, current and non-current, are 0.00.
The paid-up equity share capital of 681.69 lakh carries a face value of ₹10 per share.

Net cash flows from operating activities 324.26, helped by a decrease in inventories of 214.80, a decrease in current trade receivables of 9.52 and a decrease in non-current trade receivables of 31.05.
Net cash flows from investing activities 0.00 and from financing activities 0.00.
Cash and cash equivalents at the end of the period 324.72, against 0.46 at the start.

The limited review was carried out under SRE 2410, which gives moderate assurance and is less than an audit.
The report states that nothing has come to the auditors' attention that causes them to believe the statement is not in line with the required disclosures or contains any material misstatement.

The company stayed profitable in both the quarter and the half year, with net profit of 6.43 lakh and 21.68 lakh.
Half-year revenue of 525.03 lakh is well below the 1,439.88 lakh of the same half last year, so the profit was earned on a much smaller revenue base.
Inventories of 875.00 lakh form the bulk of total assets of 1,042.45 lakh, while equity of 1,003.64 lakh is far larger than total liabilities of 38.81 lakh.

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