Lesha Industries Ltd — Results, 27-05-2025: Result

May 27, 2025

To,

The Department of Corporate Services

BSE Limited

251h Floor, P. J. Tower,

Dalal Street,

Fort, Mumbai -400 001

LESHA INDUSTRIES

L M I T E D

Security ID: LESHAIND Security Code: 533602

Sub: Outcome of Board Meeting

Dear Sir/ Madam,

This is to inform you that the Board of Directors of the Company in its meeting held today i.e. on

Tuesday, May 27, 2025 from Oy '. 0 0 e M to 0 '. 3 0 p M at the Registered Office of the

Company, inter alia has:

1. Considered and approved the Audited Financial Results for the Quarter and Year ended on

March 31, 2025 along with Audit report thereon as per Regulation 33 of Securities and

Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Please take the above on yours records.

Thanking You.

Yours faithfully,

For Lesha Industries Limited

t+. gf.v.-1,_,

Leena Ashok Shah

Managing Director

OIN:02629934

Encl:

1. Audited Financial Results for the Quarter and Year ended on 3151 March, 2025.

2. Audit Reports with unmodified opinion issued by the Statutory Auditors.

3. Declaration that the Report of Statutory Auditors is with unmodified opinion.

7th Floor, Ashoka Chambers,

Mithakhali Six Roads,

Ahmedabad -380 006.

Phone : +91 -79 -26463227

Web: www.lesha.in

E-mail : info@lesha.in

CIN: L27100GJ1992PLC018607

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\

I

CA. Keyur D. Bavishi

B.Com, F.C.A, D.I.S.A. (ICAI) IND I A

Keyur Bavishi & Co.

CHARTERED ACCOUNTANT

Independent Auditor's Report (Unmodified Opinion) on Audited standalone Quarterly Financial Results

and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

INDEPENDENT AUDITOR'S REPORT

TO THE BOARD OF DIRECTORS OF

LESHA INDUSTRIES LIMITED

Report on the audit of the Standalone Financial Results

Opinion

We have audited the accompanying standalone quarterly financial result of LESHA INDUSTRIES

LIMITED (the company) for the quarter ended 31st March, 2025 and the year to date results for the

period from 01 st April, 2024 to 31st March, 2025, attached herewith, being submitted by the company

pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015, as amended ("Listing Regulations") (as amended).

In our opinion and to the best of our information and according to the explanations given to us these

standalone financial results:

i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations

in this regard; and

ii. give a true and fair view in conformity with the recognition and measurement principles laid

down in the applicable accounting standards and other accounting principles generally

accepted in India of the net profit/loss and other comprehensive income and other financial

information for the quarter ended 31st March, 2025 as well as the year-to-date results for the

period from 0151 April, 2024 to 31st March, 2025.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section

143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those SAs are further

described in the Auditor's Responsibilities for the Audit of the Standalone Financial Results section of

our report. We are independent of the Company in accordance with the Code of Ethics issued by the

Institute of Chartered Accountants of India together with the ethical requirements that are relevant to

our audit of the financial results under, the provisions of the Companies Act, 2013 and the Rules there

under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and

the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to

provide a basis for our opinion.

Management's Responsibilities for the Standalone Financial Results

These quarterly financial results as well as the year to date standalone financial results have been

prepared on the basis of the interim financial statements. The Company's Board of Directors are

responsible for the preparation of these financial results that give a true and fair view of the net

profit/loss and other comprehensive income and other financial information in accordance with the

recognition and measurement principles laid down in Indian Accounting Standard 34, 'Interim

Financial Reporting' prescribed under Section 133 of the Act read with relevant rules issued there

under and other accounting principles generally accepted in India and in compliance with Regulation

33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting

records in accordance with the provisions of the Act for safeguarding of the assets of the Company an

for frauds and othe1: irregularities; selection and application of '

accountmg policies; makmgjudgments and estimates that are reasonable and prudent: and

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:-1 .._ l I'.>, C-202, Indrapraath C-Tower, Nr. Drive-In Cinema, Drlve-ln Road, Ah me .

1 Mo. 94281 00470 E-mall: keyurbavlshl@yahoo.com

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implementation and maintenance of adequate internal financial controls that were operating

for ensuring tbe accmacy and completeness of the accounting records, relevant to the preparat10n a1.1d

presentation of the standalone financial resu Its that give a true and fair view and are free from matenal

misstatement, whether due to fraud or en-or.

In preparing the standalone financial results, the Board of Directors are responsible for assessing

Company's ability to continue as a going concern, disclosing, as applicable, matters related to going

concern and using the going concern basis of accounting unless the Board of Directors either intends to

liquidate the Company or to cease operations, or bas no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the standalone financial results as a

whole are free from material misstatement whether due to fraud or error, and to issue an auditor's

report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a

guarantee that an audit conducted in accordance with SAs will always detect a material misstatement

when it exists. Misstatements can arise from fraud or error and are considered material if, individually

or in the aggregate, they could reasonably be expected to influence the economic decisions of users

taken on the basis of these standalone financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain

professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the standalone financial results, whether

due to fraud or error, design and perform audit procedures responsive to those risks, and obtain

audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not

detecting a material misstatement resulting from fraud is higher than for one resulting from error, as

fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of

internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures

that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the

effectiveness of the company's internal control.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting

estimates and related disclosures made by the Board of Directors.

• Conclude on the appropriateness of the Board of Directors' use of the going concern basis of

accounting and, based on the audit evidence obtained, whether a material uncertainty exists related

to events or conditions that may cast significant doubt on the Company's ability to continue as a going

concern. If we conclude that a material uncertainty exists, we are required to draw attention in our

auditor's report to the related disclosures in the financial results or, if such disclosures are

inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to

the date of auditor's. report. However, future events or conditions may cause the Company to

cease to contmue as a gomgconcern.

• the overall presentation, and content of the standalone financial results, including

the disclosures, and whether the fmancrnl results represent the underlying transactions and events ·

a manner that achieves fair presentation. 111

We communicate with those charged with governance regarding, among other matters th 1 d

d · · f th d" · . , e p anne scope an tlffimg o e au it and significant audit findings, including any significant deficiencie ·

internal control that we identify during our audit. s 111

We_ also those with governance with a statement that we have complied with relevant

ethical reqmrements regardmg mdependence and to communicate with the 11 l t" h" d th • m a re a ions ips an o er

matters that may reasonably be thought to bear on our independence and h r bl 1 safeguards. • w ere app ica e, re ated

•"'i

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Other Matters

a. The standalone annual financial results include the results for the quarter ended 31st March, 2025

being the balancing figure between the audited figures in respect of the full financial year and the

published unaudited year to date figures up to the third quarter of the current financial year which

were subject to limited review by us for the quaiter ended 30th June, 2024, 30th September, 2024 and

31st December, 2024.

b. Based on our examination, the company, has used accounting software for maintaining its books of

account which has a feature ofrecording audit trail (edit log) facility except that no audit trail enabled

at the database level for accounting software Tally Prime to log any direct data changes.

c. The standalone financial results dealt with by this report have been prepared for the express purpose

of filing with the Stock Exchanges on which the Company's shares are listed. These results are based

on and should be read with the audited standalone financial statement of the Company for the year

ended 31st March,2025 on which we issued an unmodified audit opinion wide our report dated 27th

May,2025.

Our opinion is not modified with respect to these matters.

Place: Ahmedabad

Date: 27th May,2025

For, KEYUR BA VISHI & Co.

Chartered Accountants

F.R.N.: 131191W

( OPRIETOR)

(M. NO. : 136571)

UDIN : 25136571BMHUZE4951

I

J

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LESHA INDUSTRIES LIMITED

Registered Office. 7th Floor, Ashoka Chambers,Mithakhali Six Road , Ahmedabad 380 006.

CIN :L27100GJ1992PLC018607 AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED AND YEAR ENDED MARCH 31, 2025.

!Rs. In Lakhs except per share datal

Quarter Ended Year Ended Particulars

31/03/2025 31/12/2024 31/03/2024 31/03/2025 31/03/2024

Audited Unaudited Audited Audited Audited 1 Income from Operations

1(a) Revenue from operations 63.95 45.31 862.13 1245.54 1156.26 (bl Other Income 17.09 17.69 0.01 53.36

647.59 Total Income 81.04 63.00 862.14 1298.90

1803.86 2 Expenses

(a) Cost of Materials consumed 0.00 0.00 0.00 0.00 0.00

lfb) Purchase of stock-in-trade 63.81 35.35 710.12 1222.51 947.27

(c) Increase/Decrease in inventories of FG, WIP and stock-

in-trade -0.02 9.85 0.00 -0.02 0.00

(d) Employee benefits expense 1.89 1.88 1.37 6.78 5.68

lie\ Finance Cost 0.01 0.00 0.00 0.01 0.01

I (f) Depreciation and amortisation expense 0.48 0.49 0.52 1.98 2.05 l(gl Other expenses 5.04 8.57 94.45 26.37 119.96

Total Expenses 71.21 56.14 806.46 1257.63 1074.97

3 Proflt/(loss) before exceptional items and tax 11-21 9.83 6.86 55.68 41.27 728.88

4 Exceptional Items 0.00 0.00 0.00 0.00 0.00

5 Profit/llossl before tax 13+41 9.83 6.86 55.68 41.27 728.88

6 Tax Expense

(a) Current tax 4.55 1.37 11.95 10.84 11.39

(b) Earlier Year Taxes 14.77 0.00 0.00 14.77 0.00

cl MAT Credit Entitlement 0.00 0.00 -7.36 0.00 0.00 d) Deferred tax

-33.40 0.00 0.00 -29.56 -0.20

Total Tax Expenses -14.08 1.37 4.59 -3.95 11.18

7 Profit I (Loss) for the period from continuing operations 15-61 23.91 5.49 51.09 45.22 717.70

8 Profit (Loss) from discontinuing operations 0.00 0.00 0.00 0.00 0.00

9 Tax Expense of discontinuing operations 0.00 0.00 0.00 0.00 0.00

10 Profit (Loss) from discontinuing operations (after tax)(8-91 0.00 0.00 0.00 0.00 0.00

11 Other Comprehensive Income

A(i) ltoms that will not bo reclassified to profit or loss 0.00 0.00 0.00 0.00 0.00

(ii) Income tax relating to Items that will not be reclassified to orofit or loss 0.00 0.00 0.00 0.00 0.00

B (I) Items that will be reclassified to profit or loss 0.00 0.00 0.00 0.00 0.00

ii) Income tax relating to Items that wlll be reclassified

to orofit or loss 0.00 0.00 0.00 0.00 0.00 Other Comprehensive Income for the period

0.00 0.00 0.00 0.00 0.00

12 Total Comprehensive Income for the period 23.91 5.49 51.09 45.22 717.70

13 Paid-uo eauitv share caoital <Face value of Rs 1/-each I 2845.17 2845.17 1100.00 2845.17 1100.00

14 Other Eauitv 4557.91 1443.50

Earnings Per Share (before exceptional items) (not 15

annualised!: a) Basic 0.008 0.002 0.046 0.016 0.65

bl Diluted 0.008 0.002 0.046 0.016 0.65

Earnings Per Share (after exceptional items) (not 16

"""uallsedl: (a) Basic 0.008 0.002 0.046 0.016 0.65

lb) Diluted 0.008 0.002 0.046 0.016 0.65

Notes: 1. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors In their meeting held on May 27. 2025. The Audit under

Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 has been carried out by the statutory auditors. The Audit Report does not contain any observation which could have an impact on the results for the quarter/year ended Marcti 31, 2025.

2. The Company adopted the Indian Accounting Standards ('Ind AS") effective 1st April, 2017 (transition date 1st April, 2016). The financial results have been prepared in acccordance with Ind AS as prescribed under Section 133 of the Companies Act. 2013 read with the relevant Rules issued there under.

3. Company operates in trading of shares & securities. steel .Chemical and information technology activities.

4 .Previous period's figures have been regrouped/rearranged wherever necessary to confirm to the current period's dassification. 5. The figures for Quarter ended 31st Marcti. 2025 are the balancing figures between the audited financial results for the year ended 31st March, 2025 and the published financial

results for nine months ended 31st December, 2024.

r;;

For, LESHA INDUSTRIES LIMITED

< eAJ'-.f>.. A .

Date : 27/05/2025 I Leena A Shah

Place : Ahmedabad ':ij/ MANAGING DIRECTOR

DIN: 02629934

-

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LESHA INDUSTRIES LIMITED

STATEMENT OF AUDITED ASSETS AND LIABILITIES

(Rs.in Lakhs)

Particulars As at As at

A ASSETS 31/01/2025 31/03/2024

1 Non-current Assets

(a Property , Plant and Equipment 63.29 55.41

( b) Other Intangible assets --

( c) Capital work in progress --

lntanaible assets under development --

(e Financial Assets

( i Investments 80.00 347.33

( ii Deferred tax assets (Net) 0.37 0.00

( iii Loans . 5,498.41 4,368.17

( f Other non-current assets 61.66 55.69

Sub-total -Non-current Assets 5 703.73 4.826.60

2 Current Assets

(a Inventories 3.00 2.98

( b Financial Assets

( i ) Investments --

( ii Trade Receivables 248.98 76.35

( iii Cash and Cash Equivalents 108.96 4.21

(iv) Loans --

( v) Other Financial Assets 1455.88 37.55

( c Other current assets 11.80 24.81

Sub-total -Current Assets 1 828.62 145.90

TOT AL -ASSETS 7 532.35 4 972.50

B EQUITY AND LIABILITIES

Shareholders' Funds

(a Share Capital 2845.17 1100.00

( b Other Equity 4557.91 1443.50

Sub-total -Equity 7 403.08 2 543.50

1 Liabilities

Non-current Liabilities

(a) Financial Liabilities

( i ) Borrowings --

( b) Deferred Tax Liabilities (Net) -29.19

( c) Provisions --

( d) Other Non -Current Liabilities . .

Sub-total -Non-current liabilities . 29.19

2 Current Liabilities

(a) Financial Liabilities

( i Borrowings 37.39 2082.10

( ii Trade Payables

(i) Total outstanding dues to Micro and Small --

Enterprises

(ii)Total outstanding dues of creditors other than Micro -

and Small Enterprises 226.35

( iii l Other Financial Liabilities 61.72 61.72

(bl Provisions --

(cl Other Current Liabilities 19.32 22.84

( d] Current Tax Liabilities (Net) 10.84 6.80

Sub-total -Current Liabilities 129.27 2 399.81

TOTAL -EQUITY AND LIABILITIES 7 532.35 4 972.50 -

\.)

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LESHA INDUSTRIES LIMITED

Cashflow Statement

Particulars

A Cash flow from Operating Activities

Net Profit Before Tax

Adjustments for:

Add: Depreciation

Add : Preliminary Expense Wirtten off --

Dividend Income

Less: Profit on sale of Land - -

01-04-2024 to

31-03-2025

-1.98

2.88

(0.02}

-

Less :Profit on sale of Mutual Fund

-------

-Less: Interest Income ----

Less : Liability written back

--I (Loss) before Changes

Adjustments for: --

Increase/( Trade Payables __

lncrease/(Decrease) in _

Increase/( Decrease) in Short term Borrowing

Current Liabilities -

(lncrease}/Decrease in Trade Receivables

(lncrease)/Decrease in short term loans & advances - -- -

(Increase Financial liabilities

----

(18.58)

(14.36}

-

(4.06)

(226.35}

-

-

13.71 --

(172.63) -

-

(1,418.33) -

(lncrease}/Decrease in other current assets ---(7.38)

(lncrease)/Decrease in inventory (0.02)

------------1----

Cashflow generated from Operating Activities

Income Tax Paid ( Net of Refund)

------·

Net Cashflow generated from Operating Activities A

B Cash flow from Investment Activities -------

Sale of Property, Plant ____ _

Interest Income

Purchase of Investments

Sales of Investments

Dividend Income

Net Cashflow generated from Investments Activities B

--C Cash flow from Financiang Activities

------Issue of Share Capital

Money Received Against Right Issue

Transaction cost related to right issue

Long terms loans _

{lncrease}/Decrease in non-current

{Increase) /Decrease in Long term Loans & Advances (Assets)

lncrease/(Decrease) in non current liabilities

Net Cashflow generated from Financing Activities C

Net Change in Cash & Cash Equivalents (A+B+C)

Opening Cash & Cash Equivalents

Closing Cash & Cash Equivalents

--

--

--

-

{4.05)

(3,863.83)

{9.85)

14.36

285.90

0.02

290.43

-

4,886.46

(72.10) -

--

(5.97) -

(1,130.23)

-

3,678.15

104.75

4.21

108.96

(Rs.in Lakhs)

01-04-2023 to

31-03-2024

728.88

2.05

2.88

(0.02)

(629.75)

{17.33) -

-

86.71

99.16

{96.00)

2,064.57

(58.80)

166.53

{9.25)

{12.870)

2,240.05

{4.11)

2,235.94

1,910.92

(1,650.00)

1,400.00

0.02

1,660.94

-

-

-

-

99.58

(4,028.99)

-

(3,929.41)

(32.53)

36.74

4.21

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LESHA INDUSTRIES LIMITED

Audited Segment -Wise Revenue , Results and Capital Employed ( Rs .In Lakhs )

Particulars Quarter Ended Year Ended

31/03/2025 31/12/2024 31/03/2024 31/03/2025 31/03/2024

Audited Unaudited Audited Audited Audited

1. Segment Revenue

(a) Steel Trading 63.95 45.31 632.35 1067.54 738.03

(b) Shares/Commodity Trading 0.00 0.00 0.00 0.00 0.00

(c) Trading of Goods 0.00 0.00 94.78 178.00 275.01

(d) Others 0.00 0.00 135.00 0.00 143.23

Total

Less: Inter Segment Revenue

Net sales/Income From Operations 63.95 45.31 862.13 1245.54 1156.27

2.Segment Results

(a) Steel Trading 0.14 0.11 9.34 2.38 12.42

(b) Shares/Commodity Trading 0.00 0.00 0.00 0.00 0.00

(c) Trading of Goods 0.00 0.00 26.33 20.65 72.01

(d) Others 17.09 17.69 116.35 53.36 772.15

Total Less: (i) Other Un-allocable -7.40 -10.94 -96.34 -35.12 -127.70

Expenditure net off

Total Profit Before Tax 9.83 6.86 55.68 41.27 728.88

3.Capital Employed

(Segment assets -Segment

Liabilities)

(a) Steel Operation 184.77 722.48 -191.42 184.77 -191.42

(b) Shares Operation 3.00 2.95 2.98 3.00 2.98

(c) Trading of Goods 70.03 67.64 47.44 70.03 47.44

(d ) Other Unallocable 7145.28 6664.47 2684.50 7145.28 2684.50

Total 7403.08 7457.56 2543.50 7403.08 2543.50

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May 27, 2025

·To,

Department of Corporate Services

BSE Limited

25th Floor, P. J. Tower,

Dalal Street,

Fort, Mumbai-400 001

Security ID: LESHAIND

Security Code: 533602

Dear Sir/Madam,

LESHA INDUSTRIES

LIMITED

DECLARATION

I, Leena A. Shah, Managing Director of Lesha Industries Limited Limited having its registered office at 7th

Floor, Ashoka Chambers, Mithakhali Six Roads, Ahmedabad -380 006, Gujarat, India, hereby declare

that, the Statutory Auditors of the Company, M/s. Keyur Bavishi & Co., Chartered Accountants (FRN:

131191W) have issued an Audit Report with unmodified opinion on Audited Standalone Financial Results

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

This declaration is issued in compliance of Regulation 33(3)(d) of the SEBI (Lisiting Obligations and

Disclosure Requirements) Regulations, 2015 as amended by SEBI (Lisiting Obligations and Disclosure

Requirements) (Amendment) Regulations, 2016 vide notification no. SEBl/LAD-NRO/GN/2016-17 /001

dated 25th May, 2016.

For Lesha Industries Limited

Leena Ashok Shah

Managing Director

DIN: 02629934

7th Floor, Ashoka Chambers,

Mithakhali Six Roads,

Ahmedabad -380 006.

Phone : +91 -79 -26463227

Web: www.lesha.in

E-mail : info@lesha.in

CIN: L27100GJ1992PLC018607

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