Bloom Dekor Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2023

1. The above audited standalone financial results for the quarter and year ended March 31, 2023 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on May 4, 2023. The statutory auditors have carried audit of above result.

2. Figures of the quarter ended March 31, 2023 and March 31, 2022 are the balancing figures between audited figures in respect of the full financial year and year to date figures up to the third quarter of the relevant financial year. Also the figures up to the end of third quarter had only been reviewed and not subject to audit.

3. The audited standalone financial results are prepared in accordance with the Indian Accounting Standards 34 "Interim Financial Reporting" as prescribed under Section 133 of the Companies Act, 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) (Amendment Rules), 2016.

4. The company has entered in to Asset Purchase Agreement of its Laminate unit (which includes total land and building) with Greenlam Industries Limited dated June 21, 2022 for a consideration of Rupees 36.00 Crores (Rupees 18.11 Crores for sale of land and building and Rupees17.89 Crores Movable assets.) The Profit on sale of Land and Building and Movable assets of Rupees 29.46 Crores has been shown as income in the Statement of Profit and loss and has been reflected as an “Exceptional Item” in the Statement of Profit and loss for the quarter ended on June 30, 2022.

5. The company has entered in to One Time Settlement (OTS) with Punjab National Bank (PNB) for its working capital facilities on May 30, 2022 for an amount of Rupees 29.00 Crores, against outstanding dues of Rupees 31.61 Crores, and the difference of Rupees 2.61 Crores has been written back and has been shown as income in the Statement of Profit and loss, and is reflected as an “Exceptional Item” in the Statement of Profit and loss for the quarter ended on June 30, 2022.

6. The Company has entered in to One Time Settlement (OTS) with Bajaj Finserv Limited for its Unsecured Loan on July 20, 2022 for an amount of Rupees 7.15 Crores, against outstanding dues of Rupees 7.22 Crores in books of accounts, and the difference of Rs 0.13 Crores has been written back and has been shown as income in the Statement of Profit and loss, and is reflected as an “Exceptional Item” in the Statement of Profit and loss for the quarter ended on September 30, 2022.

7. As per Indian Accounting Standard 108 on 'Operating Segment' (Ind AS 108), the company has only one reportable segment i.e. Laminate and Doors.

8. Standalone Statement of Assets and Liabilities as on March 31, 2023 and Cash Flow Statement for the financial year ended on March 31, 2023 are attached herewith.

9. The figures for the corresponding previous period have been restated/regrouped wherever necessary, to make them comparable.
1. Non current assets

a property, plant and equipments - 284.28

b) Right to use assets - 39.64



Both the figures have been merged and total shown in property, plant and equipments as 323.920