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Vimla Fuels and Metals Limited Shares

Financial Year: 2023

VIMLA FUELS & METALS LIMITED, a company domiciled in India, presents its standalone financial statements for the period spanning from April 1, 2022, to March 31, 2023. All monetary values are expressed in Lakhs of INR unless otherwise specified. **Key Financial Highlights (Standalone):** * The company's total income increased from Rs. 67,376.04 Lakhs to Rs. 71,873.66 Lakhs. * Net profit after tax (PAT) increased from Rs. 4,233.06 Lakhs to Rs. 4,257.11 Lakhs. **Financial Results (Consolidated):** * The consolidated total income remained consistent with the standalone income at Rs. 71,873.66 Lakhs. * The consolidated net profit after tax (PAT) also mirrored the standalone figure at Rs. 4,257.11 Lakhs. **Key Financial Statement Components:** * Share capital: Rs 1,900 Lakhs. * Reserves and surplus: Rs 8,586.65 Lakhs. * Total Equity and Liabilities: Rs 34,690.03 Lakhs. * Fixed Assets (Tangible): Rs 871.35 Lakhs. * Non-current investments: Rs 1,391.51 Lakhs. * Total current assets: Rs 32,427.17 Lakhs. **Statement of Cash Flows (Indirect Method):** * Net cash flow from operating activities before extraordinary items: Rs 2,457.68 Lakhs. * Net cash flow from investing activities before extraordinary items: -Rs 1,027.7 Lakhs. * Net cash flow from financing activities before extraordinary items: -Rs 625.31 Lakhs. **Share Capital:** * Authorized, issued, subscribed, and paid-up capital is Rs 1,900 Lakhs, divided into 19,000,000 equity shares of Rs 10 each. **Corporate Social Responsibility (CSR):** * The company's CSR policy is applicable, requiring an expenditure of Rs. 39.84 Lakhs for the financial year. * Rs. 40 Lakhs was spent by donating to Omkar Andh - Apang Samajik Sanstha (Rs. 10 Lakhs) and Raginiben Bipinchandra Seva Karya Trust (Rs. 30 Lakhs), supporting health care and education. * CSR Committee is composed of Sanjay Kumar Agrawal and Sandeep Kumar Agrawal. **Related Party Transactions:** * Transactions occurred with related parties, including Uma Agrawal, Rakhi Agrawal, Rajesh Agrawal, JDM Industries, JDM Steels, Vikasmetalics & Energy Pvt. Ltd, and Shree Shiv Shakti Coke Industries. * These transactions involved rent, salary, purchase, and sales. Approvals were secured from the board for these transactions. **Auditor's Report:** * The auditor's report and accompanying notes are self-explanatory. * The company has an adequate internal financial controls system. **Directors' Responsibility Statement:** * The directors confirm adherence to applicable accounting standards, consistent accounting policies, maintenance of adequate accounting records, and preparation of financial statements on a going concern basis. **Board Meetings:** * Sixteen board meetings were held during the year with full attendance of all three directors. **Key Ratios:** * The Current Ratio decreased by 17.55% due to an increase in Trade Payables. * The Debt-Equity Ratio decreased by 48.18% due to the Repayment of Long Term Debt. **Other Key Points:** * No dividends were declared. * The company doesn't have a website, so certain disclosures usually made available via a website are not applicable. * There were no cases filed under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. * The company maintained cost records as specified by the Central Government. The report includes annexures containing details on CSR activities, auditor qualifications, and secretarial audit reports.

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