Garment Mantra Lifestyle Ltd — Board Meeting, 30-05-2025: Board Meeting

GARMENT MANTRA LIFESTYLE LIMITED

(Formerly Known as Junction Fabrics and Apparels Limited)

(CIN: L18101TZ2011PLCO17586)

30.05.2025

To

BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street, Mumbai — 400001.

BSE Script Code: 539216

Dear Sir/Madam

Sub: Outcome of the Board Meeting held on 30" May 2025

Pursuant to Regulation 30 and 33 of SEBI (Listing Obligation and Disclosure Requirement),

Regulations, 2015, we hereby inform you that the Board of Directors in the meeting held on 30"

May, 2025 has inter-alia approved the following:

i Audited financial result (Standalone and Consolidated) for the quarter and year

ended 31% Match 2025

ii. Audited Report on Standalone and Consolidated financials for the quarter and year

ended 31st March 2025

fii. Appointment of the Secretarial Auditor of the Company for a period of 5 years from

2025-26 to 2029-30 subject to approval of shareholders of the company —The brief

profile is attached as Annexure 1

The audited financial results and the audit report for the quarter and year ended 31 March, 2025

are enclosed herewith. The extract of the financial result will be available on the website of the

company viz. www.garmentmantra.com and on the stock exchange website www.bseindia.com. Also

kindly note that the trading window of the company for designated persons shall remain closed till

2" June, 2025

The meeting commenced at 11:45 a.m. and concluded at 2:00 p.m.

Thanking you,

Yours faithfully

For Garment Mantra Lifestyle Limited

K Lakshmi Priya

Company Secretary

Membership No: A36135

Registered & Admin Office: No.15, Murthy's Plaza, Karia Gounder Street, Khaderpet, Tirupur - 641 601 Factory: Shed No.40, Nethaji Apparel Park, Eettiveerampalayam, New Tirupur - 641 666. = E

+91-0421 2231896, +91-0421 2357140 5

unctionfabrics.in Website: www.garmentmantra.com

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GARMENT MANTRA LIFESTYLE LIMITED

(Formerly Known as Junction Fabrics and Apparels Limited)

(CIN: L18101TZ2011PLCO17586)

Date: 30.05.2025

To

BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street, Mumbai — 400001.

BSE Script Code: 539216

Dear Sir/Madam

Sub: Declaration for Non-applicability of Statement of Impact of Audit Qualification

Pursuant to Regulation 33(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations,

2015, we hereby declare that the statutory auditors of the company have issued Auditors Report

with the Unmodified opinion on the Standalone and consolidated financials for the quarter and year

ended 31 March 2025 approved at the Board meeting held today i.e. 30" May, 2025.

Kindly take note of the same in your records.

Thanking you,

Yours faithfully

For Garment Mantra Lifestyle Limited

Prem Aggarwal

Managing Director

DIN No: 02050297

Registered & Admin Office: No.15, Murthy's Plaza, Karia Gounder Street, Khaderpet, Tirupur - 641 601.

Factory: Shed No.40, Nethaji Apparel Park, Eettiveerampalayam, New Tirupur - 641 666. ErEE

Tel No : +91-0421 2231896, +91-0421 2357140 :

E-mail : accounts@junctionfabrics.in Website: www.garmentmantra.com

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GARMENT MANTRA LIFESTYLE LIMITED

(Formerly Known as Junction Fabrics and Apparels Limited)

(CIN: L18101TZ2011PLCO17586)

Annexure 1

Brief Profile of Secretarial Auditor

PARTICULARS DESCRIPTION

Reason for change Appointment of M/s. GV. and Associates,

Company Secretaries as Secretarial auditor of

the company

Date of Appointment 30.05.2025

Term of Appointment 5 years from 2025-26 till 2029-30 subject to

approval of shareholders in their meeting

Peer Reviewed Yes

Disclosure of relationship with | NIL

directors

Brief Profile Mr. G. Vasudevan(FCS No:6699, CP No:6522),

Proprietor of M/s/ GV. and Associates is a

Fellow member of Institute of Company

Secretaries of India with post qualification

experience of 20 years and overall industry

experience of more than 25 years. He is

Registered Member with IBBI, Qualified

Registered Valuer, Qualified Social Auditor and

Certified CSR Professional

Experience/areas of operations | He is specialized in Company Law, FEMA and

drafting of Corporate legal documents and

business Contracts. He is also specialized in

Corporate Legal matters regularly appear

before Company Law Board, now National

Company Law Tribunal and also specializes in

Compliances with Reserve Bank Regulations,

Registration with SEZ, STPs and other Special

industry incentive schemes in India.

Other contact details Phone no: 9944937063

Email ID: vasu@gvacs.in

Registered & Admin Office: No.15, Murthy's Plaza, Karia Gounder Street, Khaderpet, Tirupur - 641 601 Factory: Shed No.40, Nethaji Apparel Park, Eettiveerampalayam, New Tirupur - 641 666. = E

+91-0421 2231896, +91-0421 2357140 5

unctionfabrics.in Website: www.garmentmantra.com

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N B T and Co

Chartered Accountants INDIA

Independent Auditor's Report on the Quarterly and Year to date Audited Standalone

Financial Results of the Company Pursuant to the Regulation 33 and 52 of the SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015, as amended

To

The Board of Directors of

Garment Mantra Lifestyle Limited

Report on the audit of the Standalone Financial Results

Opinion

We have audited the accompanying statement of quarterly and year to date standalone

financial results of Garment Mantra Lifestyle Limited (“the Company”) for the quarter ended

March 31, 2025 and for the year ended March 31, 2025 (“Statement”), attached herewith, being

submitted by the company pursuant to the requirement of Regulation 33 and 52 of the SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing

Regulations”).

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

the Statement:

1. is presented in accordance with the requirements of the Listing Regulations in this

regard; and

2. gives a true and fair view in conformity with the applicable accounting standards and

other accounting principles generally accepted in India, of the net profit and other

comprehensive income and other financial information of the Company for the quarter

ended March 31, 2025 and for the year ended March 31, 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, as amended ("the Act"). Our responsibilities under

those Standards 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 statements

under the provisions of the Act and the Rules thereunder, and we have fulfilled our other

ethical responsibilities in accordance with these requirements and the Code of Ethics. We

believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis

for our opinion.

@ Address: 201, 2 Floor, Mahindra M-Space, Off Aarey Road, Next to Meenatai Thackeray Blood Bank,

Goregaon (West), Mumbai, Maharashtra - 400104

& Officeof NBT@nbtco.in/ info@nbtco.in & +91-89766 00300 & www.nbtco.in

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Management's Responsibilities for the Standalone Financial Results

The Statement has been prepared on the basis of the standalone annual financial statements.

The Board of Directors of the Company are responsible for the preparation and presentation of

the Statement that gives a true and fair view of the net profit and other comprehensive income

of the Company and other financial information in accordance with the applicable accounting

standards prescribed under Section 133 of the Act read with relevant rules issued thereunder

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

33 and 52 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 and for preventing and detecting frauds and other irregularities; selection and

application of appropriate accounting policies; making judgments and estimates that are

reasonable and prudent; and the design, implementation and maintenance of adequate internal

financial controls, that were operating effectively for ensuring the accuracy and completeness of

the accounting records, relevant to the preparation and presentation of the Statement that give a

true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the Statement, the Board of Directors are responsible for assessing the 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 has 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 Statement as a whole is

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 the Statement.

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

professional skepticism throughout the audit. We also:

e Identify and assess the risks of material misstatement of the Statement, 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

AN, CE)

157 waven Y2 anriosson) 2

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----------------Page (4) Break----------------

than for one resulting from error, as fraud may involve collusion, forgery, intentional

omissions, misrepresen!afions, 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. Under Section 143(3)(i) of the Act,

we are also responsible for expressing our opinion on whether the Company has

adequate internal financial controls with reference to financial statements in place and

the operating effectiveness of such controls.

« 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 our auditor's report. However, future events or conditions may cause the

Company to cease to continue as a going concern.

o Evaluate the overall presentation, structure and content of the Statement, including the

disclosures, and whether the Statement represents the underlying transactions and

events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the

planned scope and timing of the audit and significant audit findings, including any significant

deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with

relevant ethical requirements regarding independence, and to communicate with them all

relationships and other matters that may reasonably be thought to bear on our independence,

and where applicable, related safeguards.

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Other Matter

(i) The Statement includes the results for the quarter ended March 31, 2025 being the

balancing

figure between the audited figures in respect of the full financial year ended March 31, 2025

and the published unaudited year-to-date figures up to the third quarter of the current

financial year, which were subjected to a limited review by us, as required under the

Listing Regulations.

(ii) Certain debit/credit balances including trade receivables and trade payables in the

Company are pending independent confirmation and consequential reconciliation thereof.

(iii) The determination of the transactions with MSME vendors and balances thereof, have been

done based on the certificate received from the respective parties as available from the

system. In absence of complete reconciliation in this respect, completeness of the

disclosures in respect of MSME vendors, interest liability thereon as per MSME Act, Income

tax computations as such need to be ascertained.

For NBT AND CO

Chartered Accountants

FRN: - 140489W

Digitally signed by ASHUTOS sshiiross aivam

Date: 2025.05.30 HBIYANI 715555 vos0

Ashutosh Biyani

Partner

M.No - 165017

Date: 30/05/2025

Place: Mumbai

UDIN - 25165017BMMJEP2147

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‘GARMENT MANTRA LIFESTYLE LIMITED (CIN : 118101772011PLC017586)

‘Statement of Standalone Financial Results for the Quarter and Year Ended 315t March, 2025 (R in lakhs)

Quarter Ended Year to Date

Particulars 31.03.2025 31122024 | 31032024 | 31.03.2025 | 31032024

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

1 |[income (2) Revenue from Operations 1,724.68 147654 216039 8138.27 10484.94]

(b) Other Income. 1136 13.50 3.61 25.44 14.76} [Total Income (a+h) 1,736.04) 1490.05| 4163.00) 816371 10499.70]

2 |Expenses (2) Cost of materials consumed 1,212.35 1558.26 375154 812155 9993.45

(b) Changes in inventories of finished goods, work-in-progress and stock-in-trade 282.89

(245.49) 59.18 (884.29) (495.04)

() Employee benefits expense 38.21 30.37 32.76 12113 107.21] (d) Finance costs 18.79 40.54] 51.74 16752 21015}

(&) Depreciation and amortisation expense 69.18 9.98 12.71 99.10 39.90 (g) Other expenses 3.4 73.49 168.14] 32037 45125

Total expenses 1,664.83] 1467.15| 4076.08] 7945.38] 10306.92] 3_|Profit/(Loss) before exceptional items and tax (1-2) 7121 22.89 87.92 218.33] 152.78]

2_|Exceptional items N B N B 5_|Profit/(Loss) before tax 71.21] 22.89) 87.92] 218.33] 192.78]

6 [TaxExpenses - Current tax 22.20 473 2078 59.23 47.17)

- Deferred tax (168) R 167 58 167 -short Provision for Income Tax of Earlier Year (13.49) | 15.89 088} 090}

[Total Tax Expenses 7.03 2.73] 38.33] 58.43] 49.74] Net Profit/[Loss) for the period from Continuing Operations (5-6)

7 64.18] 18.16 29.59) 159.90] 143.05]

8 _|Profit/(Loss) from discontinuing operation after tax B B B B B 9 _|Profit/ (Loss) for the period 64.18] 18.16) 49.50] 150.90] 143.05]

10_|other Comprehensive Income (A (i) Amount of items that will not be reclassified to profit or loss P B 11060} 173.94] 11060

(ii) Income tax relating to items that will not be reclassified to profit or loss B B B B ]

B (i) Amount of items that wil be reclassified to profit or loss | | | | | (i Income tax relating to items that will be reclassified to profit or loss B B B B B

Other Comprehensive Income Net of taxes 173.94] B 110.60] 173.94] 110.60]

11 |Total Comprehensive Income for the period (3+10)(Comprising Profit (Loss) and Other Comprehensive Income for the period) 2813 18.16 160.20 33384 253.65

12 Details of Equity Share capital Paid Up Share Capital 2,007.68) 2007.68 2007.68 2007.68 2007.68

Face value of Equity Share Capital 1.00 1.00 1.00 1.00 1.00 13_|Reserves Excluding Revaluation reserve

14 |Earning per share(of Rs. 10/- each)(not annualised): (2) Basic EPs 0.03 0.01 0.02 0.08 0.07

(b) Diluted EPS 0.03 0.01 0.02 0.08 0.07

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Notes:- 1

10

The above Standalone Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 30th May, 2025. The Statutory Auditors have carried out the audit for the quarter and year ended 315t March, 2025 and issued unmodified report thereon. These results are available on the Company's Website.

The statement is as per Regulation 33 of the Securities and Exchange Board of India ('SEB) (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (Listing Regulations').

The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and published unaudited year to date figures upto the third quarter of

the respective financial years which are subjected to limited review. ‘The current paid up share capital of the company s Rs. 200,768,100/~ consists of 20,076,810 Equity Shares of Rs.1 each.

‘The Company has issued 100,384,050 bonus equity shares of %1.00 each (fully paid-up), following approval by the members at the Extraordinary General Meeting (EGM) held on August 3,

2024. The bonus shares were issued in the ratio of 1:1 (one bonus equity share for every one equity share held) to existing shareholders as of the record date, September 3, 2024

There has been increase in Authorized Share capital of the Company from Rs. 37,00,00,000/- divided into 37,00,00,000 Equity Shares of Rs. 1/~ to Rs. 52,00,00,000/- divided into 52,00,00,000 Equity Shares of Rs. 1/- on August 3, 2024

There has been increase in Authorized Share capital of the Company from Rs. 52,00,00,000/- divided into 52,00,00,000 Equity Shares of Rs. 1/~ to Rs. 62,00,00,000/- divided into 62,00,00,000

Equity Shares of Rs. 1/- on February 25, 2025

The company is predominantly engaged in the business of manufacturing, selling and distribution of fabrics, hosiery garments and providing of related services. Thus there are no separate reportable operating segments in accordance with Ind AS 108 - Operating Segments.

‘The Figures for the previous period/year have been regrouped/reclassified, wherever necessary to confirm to current period/year classification. There are no Investors Complaints pending as on 315t March, 2025.

For and on the behalf of Board of Directors

GARMENT MANTRA LIFESTYLE LIMITED

Place: Tirupur Kfl/

Date: 30/05/2025 PREM AGGARWAL

MANAGING DIRECTOR

DIN :02050297

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GARMENT MANTRA LIFESTYLE LIMITED

(CIN : L18101TZ2011PLC017586)

CONSOLIDATED STATEMENT OF ASSET AND LIABILITIES FOR THE YEAR ENDED 31ST MARCH 2025

Amount in Lakhs|

Particulars Asat Asat March 31, 2025 March 31, 2024

ASSETS

(1) Non-current assets

a) Property, plant and equipments 317.44 382.38

b) Right of use of Assets 49.23

) Financial assets

(i) Investments 1,536.97 1,362.01

(ii) Loan and advances 63.21 40.21

(iii) Other financial assets - 0.17

Total non-current assets 1,966.84 1,784.77

(2) Current assets

a) Inventories 3,532.37 3,039.40

b) Financial assets

(i) Trade receivables 821.60 2,684.10

(ii) Cash and cash equivalents 7.13 2,060.91

(iii) Loan and advances 34.84 37.05

(iv) Other financial assets 0.17 -

c) Other current assets 135.49 76.92

Total current assets 4,531.60 7,907.37

TOTAL ASSETS 6,498.44 9,692.14

EQUITY AND LIABILITIES

I. Equity

a) Equity share capital 2,007.68 1,003.84

b) Other equity 2,198.48 2,853.33

Total Equity 4,206.16 3,857.17

Liabilities

(1) Non-current liabilities

a) Financial liabilities 505.46 201.89

12.86

b) Deferred tax liabilities (Net) 0.89 2.57

c) Provisions 5.82 5.49

Total non-current liabilities 525.04 209.96

(2) Current liabilities

a) Financial liabilities

(i) Borrowings 858.11 3,982.71

(ii) Lease liabilities 37.94

(iii) Trade payables

- Total outstanding dues of micro and small enterprises - -

~Total outstanding dues of creditors other than micro 714.54 1,500.01

and small enterprises

b) Other current liabilities 63.54 57.99 c) Provisions 93.11 84.29

Total Current Liabilities 1,767.24 5,625.01

TOTAL EQUITY AND LIABILITIES 6,498.44 9,692.14

Place: Tirupur

Date: 30/05/2025

For and on the behalf of Board of Directors

GARMENT MANTRA LIFESTYLE LIMITED

PREM AGGARWAL

MANAGING DIRECTOR

DIN :02050297

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‘GARMENT MANTRA LIFESTYLE LIMITED (OIN : 118101722011PLC017586)

STANDALONE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED MARCH 31, 2025

(Amount in Lakhs unless otherwise stated) N Year Ended Year Ended

Particulars March 31, 2025 March 31, 2024

Cash flow from operating acti Net Profit before Tax 21833 19278

Discontinued operations - - Profit before income tax including discontinued operations 21833 19278

[Adjustments for IT Refund recevied after assessment adjust with reserve 1515

Depreciation and amortisation expense 99.10 39.90 Provision for Gratuity 3.43 7.06

profit on sale of fixed assets (5.20) - Provision for Impairment Loss on Debtors 2.49 19.44

Finance Cost 167.52 28250 21015 27656 Operating Profit before Working Capital Changes 50082 26935

(Increase)/Decrease in trade receivables 1,860.00 (144.57) (Increase)/Decrease in inventories (492.97) (552.97)

(Increase)/decrease in short Term Loan and Advance 221 (15.37) (Increase)/decrease in Long Term Loan (23.00) 1263

(Increase)/decrease in other current assets (58.57) (3.69) Increase/ (Decrease) in Lease liabilities 50.80

increase/ (Decrease) in trade payables (785.47) 538.95 increase/(decrease) in provision (current and non current) 470 1652

Increase/(decrease) in other current liabilities 558 39.36 Cash generated from operations. 56325 (109.19)

income taxes paid 60.11 4807 Net cash inflow from operating acti 1,00356 31213

Cash flows from investing activities (Increase)/Decrease in investments 000 12715

(Increase)/Decrease in Property, Plant & Equipment (34.15) (67.45) (Increase)/Decrease in Right of use of assets (49.23)

Profit/(Loss) on Sale o Fixed Assets 5.20 Deposit Given/(Released) - -

Net cash used (78.19) 59.69 Cash flow from financing activities

Proceeds From long Term Borrowing (Net) 303.57 (3253) increase/ (Decrease) in short Term borrowings (3,124.60)| 1,92459

Interest paid (167.52) (210.15) Net cash from financing activities (2,98855), 168190

Netincrease (decrease) in cash and cash equivalents (2,062.77), 2,053.73

Cash and cash equivalents at the beginning of the year 2,069.91 1618 Cash and cash equivalents at end of the year 7.13 2,060.91

Cash and cash equivalents comprise; Balances with Banks in current accounts 161 2,06451

(Cash on hand 552 5.40 [Total cash and bank balances at the end of the period 713 2,060.91

Note -

1. The above Statement of Cash Flows has been prepared under the ‘Indirect Method’ as set out in the Indian Accounting Standard (Ind AS) 7, Statement of Cash Flows as

specified in the Companies (Indian Accounting Standards), Rules, 2015 (as amended). 2. Cash comprises cash on hand, Current Accounts and deposits with banks. Cash equivalents are short term balances (with an original maturity of three months or less from the|

date of acquisition).

For and on the behalf of Board of Directors GARMENT MANTRA LIFESTYLE LIMITED

Place: Tirupur Date: 30/05/2025 PREM AGGARWAL

MANAGING DIRECTOR DIN :02050297

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N B T and Co

Chartered Accountants INDIA

Independent Auditor's Report on the Quarterly and Year to Date Consolidated Financial

Results of the Company Pursuant to the Regulation 33 and 52 of the SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015, as amended

To

The Board of Directors of

Garment Mantra Lifestyle Limited

Report on the audit of the Consolidated Financial Results

Opinion

We have audited the accompanying statement of quarterly and year to date consolidated

financial results of Garment mantra Lifestyle Limited ("Holding Company") and its subsidiaries

(the Holding Company and its subsidiaries together referred to as "the Group"), for the quarter

ended March 31, 2025 and for the year ended March 31, 2025 ("Statement"), attached herewith,

being submitted by the Holding Company pursuant to the requirement of Regulation 33 and 52

of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

("Listing Regulations").

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

and based on the consideration of the reports of the other auditors on separate audited financial

statements/ financial information of the subsidiaries, the Statement:

i. includes the results of the following entities:

Holding Company:

(i) Garment mantra Lifestyle Limited

Subsidiaries:

(i) Jannat Fabrics and Apparels Private Limited

(ii) Twenty Twenty Trading LLP

ii. are presented in accordance with the requirements of the Listing Regulations in this

regard; and

iii. gives a true and fair view in conformity with the applicable accounting standards, and

other accounting principles generally accepted in India, of the consolidated net profit

and other comprehensive income and other financial information of the Group and joint

venture for the quarter ended March 31, 2025 and for the year ended March 31, 2025.

@ Address: 201, 2 Floor, Mahindra M-Space, Off Aarey Road, Next to Meenatai Thackeray Blood Bank,

Goregaon (West), Mumbai, Maharashtra - 400104

& Officeof NBT@nbtco.in/ info@nbtco.in ‘& +91-89766 00300 & www.nbtco.in

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Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs), as specified

under Section 143( 1 0) of the Companies Act, 2013, as amended ("the Act"). Our responsibilities

under those Standards are further described in the "Auditor's Responsibilities for the Audit of

the Consolidated Financial Results" section of our report. We are independent of the Group 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 consolidated

financial statements under the provisions of the Act and the Rules thereunder, and we have

fulfilled our other ethical responsibilities in accordance with these requirements and the Code

of Ethics. We believe that the audit evidence obtained by us and other auditors in terms of their

reports referred to in "Other Matter" paragraph below, is sufficient and appropriate to provide a

basis for our opinion.

Management's Responsibilities for the Consolidated Financial Results

The Statement has been prepared on the basis of the consolidated annual financial statements.

The Holding Company's Board of Directors are responsible for the preparation and

presentation of the Statement that give a true and fair view of the net profit and other

comprehensive income and other financial information of the Group in accordance with the

applicable accounting standards prescribed under section 133 of the Act read with relevant

rules issued thereunder and other accounting principles generally accepted in India and in

compliance with Regulation 33 and 52 of the Listing Regulations. The respective Board of

Directors of the companies included in the Group are responsible for maintenance of adequate

accounting records in accordance with the provisions of the Act for safeguarding of the assets of

the Group and for preventing and detecting frauds and other irregularities; selection and

application of appropriate accounting policies; making judgments and estimates that are

reasonable and prudent; and the design, implementation and maintenance of adequate internal

financial controls, that were operating effectively for ensuring the accuracy and completeness of

the accounting records, relevant to the preparation and presentation of the Statement that give a

true and fair view and are free from material misstatement, whether due to fraud or error,

which have been used for the purpose of preparation of the Statement by the Directors of the

Holding Company, as aforesaid.

In preparing the Statement, the respective Board of Directors of the companies included in the

Group are responsible for assessing the ability of the Group and joint venture to continue as a

going concern, disclosing, as applicable, matters related to going concern and using the going

concern basis of accounting unless the respective Board of Directors either intends to liquidate

the Group and its joint venture or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the companies included in the Group are also responsible

for overseeing the financial reporting process of the Group.

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

Our objectives are to obtain reasonable assurance about whether the Statement as a whole is

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 the Statement.

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

professional skepticism throughout the audit. We also:

o Identify and assess the risks of material misstatement of the Statement, 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.

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

procedures that are appropriate in the circumstances. Under Section I 43(3Xi) of the Act,

we are also responsible for expressing our opinion on whether the company has

adequate internal financial controls with reference to financial statements in place and

the operating effectiveness of such controls.

e 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

ability of the Group 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 Statement or, if such disclosures are inadequate, to modify our

opinion. Our conclusions are based on the audit evidence obtained up to the date of our

auditor's report. However, future events or conditions may cause the Group to cease to

continue as a going concern.

e Evaluate the overall presentation, structure and content of the Statement, including the

disclosures, and whether the Statement represent the underlying transactions and events

in a manner that achieves fair presentation

----------------Page (13) Break----------------

Obtain sufficient appropriate audit evidence regarding the financial results/financial

information of the entities within the Group of which we are the independent auditors to

express an opinion on the Statement. We are responsible for the direction, supervision and

performance of the audit of the financial information of such entities included in the Statement

of which we are the independent auditors. For the other entities included in the Statement,

which have been audited by other auditors, such other auditors remain responsible for the

direction, supervision and performance of the audits carried out by them. We remain solely

responsible for our audit opinion.

We communicate with those charged with governance of the Holding Company and such other

entities included in the Statement of which we are the independent auditors regarding, among

other matters, the planned scope and timing of the audit and significant audit findings,

including any significant deficiencies in internal control that we identify during our audit. We

also provide those charged with governance with a statement that we have complied with

relevant ethical requirements regarding independence, and to communicate with them all

relationships and other matters that may reasonably be thought to bear on our independence,

and where applicable, related safeguards.

We also performed procedures in accordance with the Circular No. CIR/CFD/CMD 1/44/2019

dated March 29, 2019 issued by the Securities Exchange Board of India under Regulation 33 (8)

of the Listing Regulations, to the extent applicable

Other Matter

(i) The accompanying Statement includes the audited financial results/statements and other

financial information, in respect of:

Two subsidiaries, whose financial results/statements include total assets of Rs. 4029.17

Lakhs as at March 31, 2025, total revenues of Rs. 8832.49 Lakhs, total net profit after tax of

Rs. 129.26 Lakhs the year ended on that date, respectively, as considered in the Statement

which have been audited by their respective independent auditors.

The independent auditor's report on the financial statements/financial results/financial

information of these entities have been furnished to us by the Management and our

opinion on the Statement in so far as it relates to the amounts and disclosures included in

respect of these subsidiaries joint venture is based solely on the reports of such auditors.

Our opinion on the Statement is not modified in respect of the above matters with respect

to our reliance on the work done and the reports of the other auditors.

----------------Page (14) Break----------------

(ii)

(iif)

(iv)

The Statement includes the results for the quarter ended March 31, 2025 being the

balancing figures between the audited figures in respect of the full financial year ended

March 31, 2025 and the published unaudited year-to-date figures up to the end of the

third quarter of the current financial year, which were subjected to a limited review by us,

as required under the Listing Regulations.

Certain debit/credit balances including trade receivables and trade payables in the

Company are pending independent confirmation and consequential reconciliation

thereof.

The determination of the transactions with MSME vendors and balances thereof, have

been done based on the certificate received from the respective parties as available from

the system. In absence of complete reconciliation in this respect, completeness of the

disclosures in respect of MSME vendors, interest liability thereon as per MSME Act,

Income tax computations as such need to be ascertained.

For NB T AND CO

Chartered Accountants

FRN: - 140489W

Digitally signed by ASHUTOS isiisrosssiam

Date: 2025.05.30 H BIYANI 1356 vos50

Ashutosh Biyani

Partner

M.No -165017

Date: 30/05/2025

Place: Mumbai

UDIN - 25165017BMMJEQ5119

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GARMENT MANTRA LIFESTYLE LIMITED (CIN: L18101T22011PLC017586)

Statement of Consolidated Finanial Results for the Quarter and Year Ended 315t March, 2025 (Rs. in lakhs)

E3 Particulars Quarter Ended Year to Ended No. 31.03.2025 31.12.2024 31.03.2024 31.03.2025 31032024

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

1 [income

(a) Revenue from Operations 3504.36| 2205.90| 703283 13241.06 16413.01] (b) Other income 14.90| 2749 3.65 2301 1544

[Total Income (a+b) 3519.25 23340 7036.48] 13280.07] 16428.45 2 [Expenses

(2) Cost of materials consumed 2502.28| 211663 6669.74 1263037 16116.23] (b) Changes i inventories of finished goods, work-in-progress and stock-in-trade 1039.80| (304.01) (153.30) (939.55) (1303.58)

(c) Employee benefits expense 76.62 69.15 6631 29059 22648 (d) Finance costs 37.48] 7620 13967 30655 41630|

(e) Depreciation and amortisation expense 73.62 1793 2098 12768 7814 (1) Other expenses (370.72) 23337 2339 417.25 56036,

[Total expenses 3359.08] 22003 6966.78] 12892.89) 16093.94) 3_|Profit/(Loss) before exceptional items and tax (1-2) 160.17] 241 69.69 391.18] 33451

4 |Exceptional items i) Profit on sale of Fixed Asset 0.00] 057 ] 057

5_[profit/(Loss) before tax 160.17] 2.1) 70.66| 391.18) 335.48) 6 |TaxExpenses

- Current tax 8.2 6.28 1679 10832 86.22 - Deffered tax -5.00| 0.00 088 (5.00) 088

-short Provision for Income Tax of Earlier Year 1319 0.00 1597 118 0% [Total Tax Expenses 30.03] 6.8 33.64] 104.50] 83.08|

7__|Net Profit/(Loss) for the period from Countinuing Operations (5-6] 130.14) 1784 37.02] 286.60] 247.40| 8_[Profit/(Loss) from discountining operation after tax B B B B

9 _[Profit/ (Loss) for the period 130.14) 1784 37.02] 286.69] 247.40| 10_|Other Comprehensive income

[A_(i) Amount of items that will not be reclassitied to profit or loss 8.16| ] 1234 8.16| 1234 (i) Income tax relating to items that will not be reclassified to profit orloss B B B -

(i) Amount of items that will be reclassified to profit or loss ] B ] - (i) Income tax relating to items that will be reclassified to profit or loss ] | ] -

Other Comprehensive Income Net of taxes 8.16| ] 1234 8.16| 1234 11 [Total Comprehensive Income for the period (3+10)(Comprising Profit (Loss) and Other 138.30) 1784 9.3 294.84) 259.75

Comprehensive Income for the period) 12 [Profit/ (loss) attributable to

- Owners of the Company 138.30) 17.85 5051 29488 26351 ~Non-controlling interest 0.00| (0.01) (115) (0.04) (376)

- pre Acquisition Profits - B B B 13 |Details of Equity Share capital

paid Up Share Capital 2007.68| 200768 200768 2007.68| 200768 Face value of Equity Share Capital 1.00) 100 100 1.00) 100

14_|Reserves Excluding Revalution reserve 15 |Earning per shareof Rs. 10/- each) (not annualised):

(a) Basic EPS 0.07| 0.01 002 0.15| 0.13] (b) Diluted EPS 0.07] 00 002 0.15 013

Notes:- 1 The above Consolidated Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 30th May, 2025. The Statutory

Auditors have carried out the audit for the quarter and year ended 315t March, 2025 and issued unmodified report thereon. These results are available on the Company's Website.

2 Thestatement is as per Regulation 33 of the Securities and Exchange Board of India ('SE8' (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('isting Regulations')

3 The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and published unaudted year to date figures upto the third quarter of the respective financial years which are subjected to limited review.

4 The current paid up share capital of the company is Rs. 200,768,100/ consists of 20,076,8100 Equity Shares of Rs.1 each.

5 The Company has issued 100,384,050 bonus equity shares of <100 each (fully paid-up), following approval by the members at the Extraordinary General Meeting (EGM) held on August 3, 2024. The bonus shares were issued in the ratio of 1:1 (one bonus equity share for every one equity share held) to existing shareholders as of the record date, September 3, 2024

6 There has beenincrease in Authorized Share capital of the Company from Rs. 37,00,00,000/- divided into 37,00,00,000 Equity Shares of Rs. 1/- to Rs. 52,00,00,000/- divided into 52,00,00,000 Equity Shares of Rs. 1/- on August 3, 2024

7 There has beenincrease in Authorized Share capital of the Company from Rs. 52,00,00,000/- divided into 52,00,00,000 Equity Shares of Rs. 1/- to Rs. 62,00,00,000/- divided into 62,00,00,000 Equity Shares of Rs. 1/- on February 25, 2025

8 The Groupis predominetly engaged in the business of manufacturing, selling and distribution of fabrics, hosiery garments and providing of related services. Thus there are no separate reportable operating segments n accordance with Ind AS 108 - Operating Segments.

9 The Figures for the previous period/year have been regrouped/reclassified, wherever necessary to confirm to current period/year classification. 10 Thereare no Investors Complaints pending as on 31st March, 2025,

For and on the behal of Board of Directors

GARMENT MANTRA LIFESTYLE LIMITED Place: Tirupur

Date:30.05.2025

L

PREM AGGARWAL

MANAGING DIRECTOR DIN : 02050297

----------------Page (16) Break----------------

GARMENT MANTRA LIFESTYLE LIMITED

(CIN': L18101TZ2011PLC017586)

CONSOLIDATED STATEMENT OF ASSET AND LIABILITIES FOR THE YEAR ENDED 31ST MARCH 2025

(Amount in Lakhs, Unless otherwise mentioned)

Particulars As at March 31, 2025 As at March 31, 2024

AssETS

(1) Non-current assets a) Property, plant and equipments 552.60 643.07

b) Right of use of Assets 49.23

¢) Financial assets

(i) Investments 74.35 67.65

(ii) Loan and advances 73.35 75.30

(iii) Other financial assets - 0.17

d) Deffered tax assets (net) 28.48 22.68

Total non-current assets 778.01 808.87

(2) Current assets a) Inventories 6,443.48 5,87339

b) Financial assets

(i) Trade receivables 1,471.78 4,053.88

(ii) Cashand cash equivalents 14.56 3,579.65

(iii) Loan and advances 173.18 511.86

(iv) Other financial assets 0.17

c) Other current assets 145.04 84.82

Total current assets 8,248.22 14,103.59

TOTAL ASSETS 9,026.23 14,912.46

EQUITY AND LIABILITIES

1. Equity

a) Equity share capital 2,007.68 1,003.84

b) Other equity 2,039.04 2,717.86

¢) Non controlling interest 1.40 (3.73)

Total Equity 4,048.12 3,717.97

Il Liabilities

(1) Non-current liabilities

a) Financial Liabilities (i) Borrowings 1,006.29 755.72

(ii) Lease liabilities 12.86 -

b) Deferred Tax Liabilities (Net) 0.89 -

c) Provisions 11.27 12.93

Total Non-current liabilities 1,031.32 768.65

(2) Currentliabilities

a) Financial liabilities - () Borrowings 2,191.30 7,043.92

(i) Lease liabilities 37.94 -

(iii) Trade payables

- Total outstanding dues of micro and small enterprises 286.56 1,089.76

“Total outstanding dues of creditors other than micro 1,086.57 1,698.53

and small enterprises -

b) Other current liabilities 188.79 450.40

c) Provisions 155.64 14324

Total current liabilities 3,946.79 10,425.85

TOTAL EQUITY AND LIABILITIES 9,026.23 14,912.46

Place: Tirupur

Date:30.05.2025

For and on the behalf of Board of Directors

GARMENT MANTRA LIFESTYLE LIMITED L

PREM AGGARWAL

MANAGING DIRECTOR

DIN : :02050297

----------------Page (17) Break----------------

GARMENT MANTRA LIFESTYLE LIMITED

(CIN : L18101TZ2011PLC017586)

CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED MARCH 31, 2025

(Amount in Lakhs, Unless otherwise mentioned)

Particulars

Cash flow from operating activities

Net Profit before Tax

Discontinued operations

Profit before income tax including discontinued operations

Adjustments for

Interest Income

IT Refund recevied after assessment adjust with

reserve

Depreciation and amortisation expense

Provision for Gratuity

Profit on sale of Fixed Assets

Provision for Impairment Loss on Debtors

Finance Cost

Operating Profit before Working Capital Changes

(Increase)/Decrease in trade receivables

(Increase)/Decrease in inventories

(Increase)/decrease in Short Term Loan and Advance

(Increase)/decrease in Long Term Loan and Advance

(Increase)/decrease in other current assets

Increase/ (Decrease) in Lease liabilities

Increase/ (Decrease) in trade payables

Increase/(decrease) in provision (current and non cu

Increase in other current liabilities

Cash generated from operations

Income taxes paid

Net cash inflow from operating activities

Cash flows from investing activities

(Increase)/Decrease in investments

Payment / Change in minority interest

(Increase)/Decrease in Property, Plant & Equipment

(Increase)/Decrease in Right of use of assets

Year Ended Year Ended

March 31, 2025 March 31, 2024

391.18 335.48

391.18 335.48

(13.98)

15.15

127.68 78.14

6.85 11.96

(4.48) (0.97)

2.49 19.44

416.30 550.01 416.30 524.88

941.19 860.36

2,579.60 276.20

(570.10) (1,338.02)

338.68 (490.99)

195

(60.22) 87.20

50.80

(1,415.16) 1,048.09

2.88 41.44

(261.61) (66.57)

666.82 (442.65)

(109.50) (87.19)

1,498.52 330.51

5.13 (48.54)

(19.62) (25.28)

(49.23)

----------------Page (18) Break----------------

Profit/(Loss) on Sale of Fixed Assets

Interest received

Net cash used in investing activities

Cash flow from financing ac

Proceeds From long Term Borrowing (Net)

Increase/ (Decrease) in short Term borrowings

Interest paid

Net cash from financing acti

Net increase (decrease) in cash and cash

year

Cash and cash equivalents at end of the year

4.48

13.98

(45.25) (73.82)

250.56 267.44

(4,852.62) 3,438.72

(416.30) (416.30)

(5,018.36) 3,289.86

(3,565.09) 3,546.56

3,579.65 33.09

14.56 3,579.65

Place: Tirupur

Date:30.05.2025

For and on the behalf of Board of Directors

GARMENT MANTRA LIFESTYLE LIMITED

b

PREM AGGARWAL

MANAGING DIRECTOR

DIN ::02050297

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