Upsurge Investment & Finance Ltd — Board Meeting, 27-05-2025: Board Meeting

Upsurge Investment & Finance Ltd.

Date: 27th May, 2025

To,

The Secretary,

The Corporate Relationship Department,

Bombay Stock Exchange Limited

Phiroze Jeejeebhoy Towers,

Dalal Street, Mumbai- 400001

Scrip Code: 531390

Subject: Outcome of Board Meeting held on 27th May, 2025.

Ref: Upsurge Investment & Finance Limited

Dear Sir/Madam,

We wish to inform you that the Board of Directors of the company, at its meeting held today i.e.

27th May, 2025 has inter-alia considered and approved the Audited Standalone Financial Results for the

quarter and year ended 31st March, 2025 along with Auditors Report, Statement of assets and liabilities,

Cash flow statement and Declaration by the Managing Director of the company pursuant to second

proviso of Regulation 33(3)(d) of SEBI(Listing Obligations and Disclosures Requirements) Regulation,

2015.

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,

2015, we are enclosing herewith the Audited Standalone Financial Results along with the Auditors Report

for the quarter and year ended on 31st March, 2025.

The aforesaid Financial Results will be made available on the Company’s website at

www.upsurgeinvestment.com.

The Meeting of Board of Directors commenced at 01.00 P.M. and concluded at 02:05 P.M.

This is for your information and record.

Thanking You

Yours Faithfully,

For Upsurge Investment & Finance Limited

Jitendra Kumar Gupta

Company Secretary & Compliance Officer

Regd. Office: 303, Morya Landmark-1, Behind Crystal Plaza, Opp. New Link Road, Andheri (W), Mumbai - 400 053.

Tel: 91-22-67425441/42 E-mail: info@upsurgeinvestment.com CIN: L67120MH1994PLC079254

Jitendra

Kumar

Gupta

Digitally signed by Jitendra Kumar Gupta DN: c=IN, o=Personal, title=0847, pseudonym=9pCYkUs8qQt4vbtufbtFUKSAil

OSbHzp, 2.5.4.20=a57ab2dc88ce34313fcd0a93bb51c3c02481ff8c73343151fb4d3cc8ecc795ba,

postalCode=452020, st=Madhya Pradesh, serialNumber=643336084e9732f0c2bb52e062a0a320ca2f45a1ecbe9c4622ba06a70742

5ad3, cn=Jitendra Kumar Gupta Date: 2025.05.27 14:32:40 +05'30'

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Upsurge Investment & Finance Ltd.

Statement of Standalone Audited Financial Results for the Quarter and Year ended 31st March 2025

Amount in Lakhs

ParticularsQuarter EndedYear Ended

31st March

7.Tl,.\

31st Dec

)O).tt

31st March7fi)431st March,n)131st March

7i74.

(Audited)(Unaudited)(Audited)(Audited)(Audited)

(i)

(ii)

(iii)

(iv)

(v)

(r)

(D

(rr)

(i)

(ii)

(ii)

(iii)

(iv)

(v)

(vi)

(vii)

(IV)

(v)

(VI )(vr)

(vIII)

(Ix)

(x)

(xr)

(xu)

(xur)

(XIV)

lRevenue from operations

Interest Income

Dividend Income

Net gain on lair value changes

Sale ofShare and Securities

Other operating Income

Total Revenue from operations

Other Income

Total Income (I+II)

Expenses

Finance Costs

Cost of materials consumed

Net loss on fair value changes

Purchases of Stock -in -trade

Changes in Inventories offinished goods, stock -in

trade and work -in - progress

Employee Benefits Expenses

Depreciation, amortization and impairment

Others expenses

Total Expenses

Profit / (loss) before exceptional items and tax (III

IV)

Exceptional items

Profit/(loss) before tax (V -VD

Tax Expense:

(1) Cument year Tax

(2) Previous year Tax

(3) Deferred Tax

Profit(loss) for the period (VII-V[I)

Other Comprehensive Income

Total Comprehensive lncome for the period

(Ix+x)

Paid-up equity share capital (Face Yalue of Rs.

10 Each)

Reserye excluding Revaluation Reserve

Earnings per equity share (for continuing

operations)

Basic (Rs.)

Diluted (Rs.)

129.39

30.05

50.40

3,448.21

0.82

122.14

5.35

371.70

1,266.89

3.97

37.65

16.1 1

t92.t6

1,797.70

r0.78

388.10

50.28

1,503.24

9,181.62

isz.ts

106.81.

64.08

925.24

4,696.27

6.65

3,658.87

50.66

1,770,052,053.80t[,316.63

50.66

5,799,05

3.16

3,709.53L,770,052,053.80.11,367.295,802,21

2,361.45

1,241.68

21.48

0.71

19.t6

17.8833.80

1,978.65

(46s.14)

24.67

1.05

21.04

1,605.37

77.63

17.27

-0.19

20.87

4.3263.68

9,933.16

(828.e4)

75.69

2.86

147.55

13.97

4,291.28

(2.07"

63.01

3.06

114.84

3,662,36

47.17

1,594.07

175.98

1,725.27

328.53

9,394.00

1,973.29

4,484.09

1,318.12

47.17

(73.00)

(l1.el)

101.30

175.98328.53.

54.35

1,973,29

288.55

(r r.e1)

101.30

L,318.12

r91.72

(0.0e)

30.78175.98274.181,595.351,126.49

30.78

2,007.14

0.17

0.14

175.98

2,007.14

0.97

0.82

274.18

L,515.24

1.81

1.81

1,595.35

2,007.14

8,475.37

. 8.81

7.45

1,126,49

1,515,24

3,254.55

7.43

7.43

Regd. Office: 303, Morya Landmark-I, Behind Crystal Ploza,-Ofi. New Link Road, Andheri (W). Mumbai - 400 053.

Tel:91-22-67425441142 E-mail: info@upsurgeinvestment.com CIN r L67120MH1994PLCA79254

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Upsurge Investment & Finance Ltd.

I STATEMENT OF ASSETS & LIABILITIES AS AT 31st March 2025

in Lakhs

Sr.

No.

ParticulartsAs

at

31st March 2025

As at

3lst March

2024

Assets

IFinanical Asset

a.Cash and cash equivalents4.54111"66

b.Bank Balance other than (a) above2,475.39985.17

c.Receivables

Trade ReceivablesI.ZJt.77

Other Receivables56.81

d.Loans2,t82.27798.17

e.Investments3.250.071,356.89

f.Other Financial assets

)Non Financial Asset

a.Inventories2.140.90t,311.96

b.Current tax assets (Net)96.218.59

c.Property, Plant and Equipment15.5217.54

d.Caoital Work in Prosresss 10.00651.50

e.Other non-financial assets0.800.39

Total Assets10,733.745,244.24

Liabilities and Equity

Liabilities

IFinancial Liabilities

aPayables

Trade Payables12.34r38.92

Other Payables0.922.78

bBorrowinss (Other than Debt Securities)19.05319.52

Other financial liabilities10.698.39

1Non-Financial Liabilities

a.Provisions7.904.48

b.Deferred Tax Liabilities ( Net)101.30

Other non financial liabilities99.030.36

3Equity

a.Equity share capital2,007.141,515.24

b.Other equity8,47 5.373,254.55

Total Liabilites & Equity10,733,745.244.24

Regd. Office: 303, Morya Landmrrk-I, Behind Crystal PlazaiUff. New Link Road. Andheri (W), Mumbai - 400 053.

Tel:91-22-67425441142 E-mail: info@upsurgeinvestment.com CIN: L67l20MHI994PLC0792S4

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Upsurge Investment & Finance Ltd.

2 CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 31ST MARCH 2025

(Amomt in Lakhs)

Particulars31st March202531st March2024

Cash flow from operating activities

Net ProfiV(Loss) before tax

Depreciation

Dividend Income

Net (Profit)/loss on financial asset designated at FVTPL

Provision for/ (Reversal of) Standard Assets

Gain on Sale oflnvestments

Gain on Sale of Investment In Property (CWP)

Provision for/ (Reversal of) Equity Option Premium

Operating profit / (loss) before working capital changes

Changes in working capital:

Increase /(decrease) in other Financial liabilities

Increase /(decrease) in other Non Financial liabilities

Increase /(decrease) in bonowing

Increase /(decrease) in Trade Payables

Increase /(decrease) in Other Payables

Decrease / (Increase) in loans

Decrease / (lncrease) in Other Non Financial Assets

Decrease / (lncrease) in Inventories

Decrease / (lncrease) in Trade receivable

Decrease / (Increase) in Other receivable

Cash generated from operations

Direct taxes paid (net ofrefunds)

Net cash flow from / used in operating activities (A)

Cash flow from investing activities

Dividend Income

Increase/(decrease) in Bank balances other than cash and cash equivalents

Purchase offixed assets including intangible assets

Capital work in progress

Purchase ofMutual Fund units

Proceed from sale ofmutual fund units

Proceeds from / (Purchase oll shares/bonds (Net)

Net cash used in investing activities (B)

Cash flow from {inancing activities

Prceeds frorn Issuance of share capital

Prceeds from Share Warrant

Dividend Paid

Net cash from financing activities (C)

Net increase / (decrease) in Cash and cash equivalents (A+B+C)

Cash and cash equivalents at the begiming ofthe year

Cash and cash equivalents for the half / year ended

1,973.29

2.86.(50.28)

(635.46)

3.4s

(867.79)

(43.2e)

(0.03)

382.75

2.30

98.67

(300.47)

( 126.58)(l.86)

( 1,383.50)

(0.41)

(828.e4)

0.54

(56.81)

(2,214.31)

(364.26)

t,318.12

3.06

(64 08)

(3 1 1.34)

1.08

(613.e1)

( 1.34)

331.59

1.95

0.34

91.22

rru_:"

(430. l6)

0.04

(2.07)

(1.77)

(e4.88)

(12 1.80)

(2,578.s7',(216.68)

50.28

(1,490.22)

(0.83)

184.79

(6,044.53)

5,894.07

(23e.47)

64.08

(59.71

(6s 1.50

s41.89

794.67

(1,64s.91)t34.43

3,590.87

602.2s

(7s.76)

4,117.36

('1s.76',

(75.76"

(to7.t2')(rs8.01

1 1 1.664.54269.67I I 1.66

lomponents of Cash and Cash Equivalents31st March2r)2531st March2024

CASH AND CASH EQUIVALENTS AT TIIE END OF TIIE YEAR

a) Cash on hand

b) Balances with Banks (ofthe nature ofcash and cash equivalents)i) In

current accounts and Overdraft accountii) Fixed

deposits with original maturity of 3 Months or lessiii)

Bank Balance Other Then Above

0.90

3.64

0.96

0.47

110.23

4.54111,66

6Y

ffir','-" "=il€?L.

i

Regd. Office: 303, Morya Landmark-I, Behind Crystal Plaza, Off. New Link Road. Andheri (W), Mumbai - 400 0S3.

Tel:91-22-67425441142 E-mail: info@upsurgeinvestment.com CIN : L67l20MHl994PLC07I2S4

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Upsurge Investment & Finance Ltd.

Notes:-

3. The above financial results of the Company have been prepared in accordance with Indian

Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act,2013 ("the

Act"), read with Companies (Indian Accounting Standards) Rules 2015 as amended.

4. The above results have been reviewed by the Audit Committee and have been approved by the

Board of Directors at their meetings held on 27n May,2025 pursuant to Regulation 33 of SEBI

(Listing Obligation and Disclosure Requirements), Regulations 2015 (as amended), The

Statutory Auditors have expressed an unmodified opinion therefore the Company is not required

to give Statement of lmpact of Audit Qualification for Audit Report with modified. opinion.

5. The Company's main business is NBFC Activity. All other activities of the company revolve

around the main business. As such, there are no separate reportable segments, as per the Ind AS

108 "Operating Segments" specified under section 133 of the Companies Act,2013.

6. The figures for the last quarter of the current year and of the previous year are the balancing

figures between audited figures in respect ofthe full financial year and the published year-to date

figures up to third quarter.

7. The figures of the previous yearl quarter have been regrouped / reclassified wherever necessary

to confirm to current yearl period's classification.

8. The aforesaid Audited financial results will be uploaded on the company's website

www.upsurgeinvestment.com and will also be available on the website of stock exchange i.e.

www.bseindia.com for the benefit of shareholders and investors.

FOR UPSURGE INTMENT & FINANCE LTD.

Dayakris

Managing Director

DIN: 00398539

Mumbai, Dated 27b May, 2025

Regd. Office: 303, Morya Landmark-I, Behind Crystal Plaza, Off. New Link Road.Andheri (W), Mumbai - 400 0S3.

Tel:91-22-67425441142 E-mail: info@upsurgeinvestment.com CIN : L67120MH1994PLC079254

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Upsurge Investment & Finance Ltd.

To,

The Secretary.

Corporate Relation ship Department,

Bombay Stock Exchange Limited'

Phiroze Jeejeebhoy Towers,

Dalal Street, Mumbai-40000 1

Date:27tt'May,2025

Dear Sir,

Sub: Submission of declaration regarding unmodified opinion of the Auditors on Annual Audited

Standalone Financial Results of the company for the year ended 31't March, 2025 as per second

proviso to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosures Requirement)

Regulations, 2015.

Ref: Upsurge Investment & Finance Limited (ISIN: IN8890801014, Scrip code: 531390)

DECLARATION

pursuant to Regulation 33(3)(d) of Securities and Exchange Board of India (Listing Obligations and

Disclosure Requirements) Regulations, 2015, as amended from time to time, I the undersigned do hereby

declare that in the Audit Report accompanying the standalone Annual Audited Financial Statements of

Upsurge Investment & Finance Limited forthe financial year ended on 31't March,2025the Statutory

Auditor X,{/s Jain & Trivedi did not express any modified opinion/ audit qualification or other reservation.

You are requested to please consider and take on record the same'

Thanking You

Yours Faithfully

For Upsurge Inves.tment & Finance Limited

DavaGoy

Managing Director

DIN: 00398539

Regd. Office: 303, Morya Landmerk-I, Behind Crystal Plaza, Ofi. New Link Road. Andheri (W), Mumbai - 400 0S3.

Telz 9l-2247425441142 E-mail: info@upsurgeinvestment.com CIN : L67l20MHl gg4PLCL7gZS4

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