Bloom Dekor Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2025

Notes on Financial Results: -
1. The Hon’ble National Company Law Tribunal (NCLT) Ahmedabad Bench vide its Order dated 11th October, 2023 in CP(IB)/127/AHM/2020 admitted the Corporate Debtor (‘the Company’) into Corporate Insolvency Resolution Process (CIRP) under section 9(5)(i) of the Insolvency and Bankruptcy Code and appointed Insolvency Resolution Professional (IRP).
2. The above audited standalone financial results for the quarter and year ended March 31, 2025 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on May 29, 2025. The statutory auditors have carried audit of above result.
3. Figures of the quarter ended March 31, 2025 and March 31, 2024 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.
4. 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.
5. As per Indian Accounting Standard 108 on 'Operating Segment' (Ind AS 108), the company has only one reportable segment i.e. Laminate and Doors
6. Standalone Statement of Assets and Liabilities as on March 31, 2025 and Cash Flow Statement for the financial year ended on March 31, 2025 are attached herewith.
7. The figures for the corresponding previous period have been restated/regrouped wherever necessary, to make them comparable.
8. The Company does not have any subsidiary or Joint Ventures or associate companies as on 31/03/2025.
9. During the Year under review, the management has come to know that the certain bank accounts opened by the Resolution Professional (‘RP’) of the Company during the Ongoing Corporate Insolvency Resolution Process (‘CIRP’) under the Insolvency and Bankruptcy Code, 2016 (‘IBC, 2016’) was inadvertently not accounted for in the Financial Year 2023-24. In terms of IND AS 8 "Accounting Policies, Change in Accounting Estimates and Errors" prescribed by the Companies (Indian Accounting Standards) Rules, 2015, the Company has corrected the above prior period errors by restating the comparative amounts for the prior period presented in which the error occurred i.e. FY 23-24. These prior period errors have resulted into following Corrections / adjustments in the Financial Statements of the FY 23-24;
Sr. No. Line Item affected Rs. In Lakhs (FY 23-24)
Items affecting Balance Sheet
1 Increase in the Cash and Cash Equivalents (Fixed Deposits) 181.54
2 Increase In the Financial Liabilities / other current liabilities 181.85
Difference (a) 0.31

Items affecting Statement of Profit and Loss
1 Increase In the Interest Income 1.07
2 Increase in the Other Expense 1.38
Difference (b) 0.31