General information about company

Scrip code509040
NSE Symbol
MSEI Symbol
ISIN*INE040F01033
Name of companyNetlink Solutions (India) Limited
Type of company
Class of securityEquity
Date of start of financial year01-04-2023
Date of end of financial year31-03-2024
Date of board meeting when results were approved23-04-2024
Date on which prior intimation of the meeting for considering financial results was informed to the exchange16-04-2024
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterYearly
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedAudited
Segment ReportingMulti segment
Description of single segment
Start date and time of board meeting23-04-2024 10:30
End date and time of board meeting23-04-2024 11:20
Whether cash flow statement is applicable on companyYes
Type of cash flow statementCash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualificationDeclaration of unmodified opinion



Financial Results – Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-01-202401-04-2023
BDate of end of reporting period31-03-202431-03-2024
CWhether results are audited or unauditedAuditedAudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1Income
Revenue from operations184.29196.41
Other income448.331055.1
Total income632.621251.51
2Expenses
(a)Cost of materials consumed2.9917.93
(b)Purchases of stock-in-trade00
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade00
(d)Employee benefit expense 39.6780.13
(e)Finance costs0.120.12
(f)Depreciation, depletion and amortisation expense518.29
(f)Other Expenses
1Other expenses17.6243.91
10
Total other expenses17.6243.91
Total expenses65.4160.38

Financial Results – Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-01-202401-04-2023
BDate of end of reporting period31-03-202431-03-2024
CWhether results are audited or unauditedAuditedAudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3Total profit before exceptional items and tax567.221091.13
4Exceptional items 00
5Total profit before tax567.221091.13
7Tax expense
8Current tax117.62171.23
9Deferred tax00
10Total tax expenses117.62171.23
11Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement00
14Net Profit Loss for the period from continuing operations449.6919.9
15Profit (loss) from discontinued operations before tax00
16Tax expense of discontinued operations00
17Net profit (loss) from discontinued operation after tax00
19Share of profit (loss) of associates and joint ventures accounted for using equity method00
21Total profit (loss) for period449.6919.9
22Other comprehensive income net of taxes00

Financial Results – Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-01-202401-04-2023
BDate of end of reporting period31-03-202431-03-2024
CWhether results are audited or unauditedAuditedAudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23Total Comprehensive Income for the period449.6919.9
24Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
25Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent00
Total comprehensive income for the period attributable to owners of parent non-controlling interests00
26Details of equity share capital
Paid-up equity share capital252.92252.92
Face value of equity share capital1010
27Details of debt securities
28Reserves excluding revaluation reserve2247.08
29Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations17.7836.37
Diluted earnings (loss) per share from continuing operations17.7836.37
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiEarnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations17.7836.37
Diluted earnings (loss) per share from continuing and discontinued operations17.7836.37
30Debt equity ratio
31Debt service coverage ratio
32Interest service coverage ratio
33Disclosure of notes on financial resultsTextual Information(1)

Text Block

Textual Information(1)1. The above results have been taken on record in the meeting of the Board of Directors of the Company held on 23rd April 2024, after review by the Audit committee at its meeting held on 23rd April 2024, and audited by the auditor. These financial results were subject to audit by Statutory auditors of the Company who have expressed an umodified opinion thereo.
2. Figures are Audited and have been regrouped wherever necessary.
3. The results for the Quarter ended 31st March, 2024 is the balancing figures between year ended 31st March, 2024 and respective nine months ended 31st December, 2023.



Statement of Asset and Liabilities

ParticularsCurrent year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2023
Date of end of reporting period31-03-2024
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
Assets
1 Non-current assets
Property, plant and equipment32.69
Capital work-in-progress
Investment property
Goodwill0
Other intangible assets28.75
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments1749.96
Trade receivables, non-current
Loans, non-current0
Other non-current financial assets
Total non-current financial assets1749.96
Deferred tax assets (net)
Other non-current assets18.59
Total non-current assets1829.99
2Current assets
Inventories0
Current financial asset
Current investments0
Trade receivables, current0
Cash and cash equivalents596.67
Bank balance other than cash and cash equivalents1.42
Loans, current0
Other current financial assets
Total current financial assets598.09
Current tax assets (net)
Other current assets0.58
Total current assets598.67

Statement of Asset and Liabilities

ParticularsCurrent year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2023
Date of end of reporting period31-03-2024
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
3Non-current assets classified as held for sale238.64
4Regulatory deferral account debit balances and related deferred tax Assets
Total assets2667.3
Equity and liabilities
Equity
Equity attributable to owners of parent
Equity share capital252.92
Other equity2247.08
Total equity attributable to owners of parent2500
Non controlling interest
Total equity2500
Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current0
Trade payables, non-current
Other non-current financial liabilities
Total non-current financial liabilities0
Provisions, non-current0
Deferred tax liabilities (net)67.14
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities67.14
Current liabilities
Current financial liabilities
Borrowings, current0
Trade payables, current0
Other current financial liabilities2.81
Total current financial liabilities2.81
Other current liabilities97.32
Provisions, current0.03
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities100.16
3Liabilities directly associated with assets in disposal group classified as held for sale
4Regulatory deferral account credit balances and related deferred tax liability
Total liabilities167.3
Total equity and liabilites2667.3
Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-01-202401-04-2023
Date of end of reporting period31-03-202431-03-2024
Whether accounts are audited or unauditedAuditedAudited
Nature of report standalone or consolidatedStandaloneStandalone
1Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1a) Website and Information Technology Services1.295.51
2b) Information Media556.16580.2
3c) Exhibition Management00
4d) Treasury75.16665.65
5e) Other (Unallocable)00.15
Total Segment Revenue632.611251.51
Less: Inter segment revenue
Revenue from operations 632.611251.51
2Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1a) Website and Information Technology Services-0.710.29
2b) Information Media521.7511.6
3c) Exhibition Management-3.75-15
4d) Treasury74.07662.08
5e) Other (Unallocable)00
Total Profit before tax591.311158.97
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income24.0967.3
Profit before tax567.221091.67
3(Segment Asset - Segment Liabilities)
Segment Asset
1a) Website and Information Technology Services0.470.47
2b) Information Media0.290.29
3c) Exhibition Management28.7528.75
4d) Treasury2586.182586.18
5e) Other (Unallocable)51.651.6
Total Segment Asset2667.292667.29
Un-allocable Assets
Net Segment Asset2667.292667.29
4Segment Liabilities
Segment Liabilities
1a) Website and Information Technology Services00
2b) Information Media97.3297.32
3c) Exhibition Management00
4d) Treasury00
5e) Other (Unallocable)69.9769.97
Total Segment Liabilities167.29167.29
Un-allocable Liabilities
Net Segment Liabilities167.29167.29
Disclosure of notes on segments

Cash flow statement, indirect

ParticularsYear ended (dd-mm-yyyy)
ADate of start of reporting period01-04-2023
BDate of end of reporting period31-03-2024
CWhether results are audited or unauditedAudited
DNature of report standalone or consolidatedStandalone
Part IBlue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax1091.13
Adjustments for reconcile profit (loss)
Adjustments for finance costs0
Adjustments for decrease (increase) in inventories0
Adjustments for decrease (increase) in trade receivables, current326.14
Adjustments for decrease (increase) in trade receivables, non-current0
Adjustments for decrease (increase) in other current assets1.01
Adjustments for decrease (increase) in other non-current assets0
Adjustments for other financial assets, non-current0
Adjustments for other financial assets, current0
Adjustments for other bank balances0
Adjustments for increase (decrease) in trade payables, current-9
Adjustments for increase (decrease) in trade payables, non-current0
Adjustments for increase (decrease) in other current liabilities0
Adjustments for increase (decrease) in other non-current liabilities0
Adjustments for depreciation and amortisation expense18.29
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss0
Adjustments for provisions, current0
Adjustments for provisions, non-current0
Adjustments for other financial liabilities, current-0.82
Adjustments for other financial liabilities, non-current0
Adjustments for unrealised foreign exchange losses gains0
Adjustments for dividend income0
Adjustments for interest income0
Adjustments for share-based payments0
Adjustments for fair value losses (gains)-391.84
Adjustments for undistributed profits of associates0
Other adjustments for which cash effects are investing or financing cash flow0
Other adjustments to reconcile profit (loss)-254.43
Other adjustments for non-cash items0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships0
Total adjustments for reconcile profit (loss)-310.65
Net cash flows from (used in) operations780.48
Dividends received-15.32
Interest paid0.12
Interest received-4.21
Income taxes paid (refund)143.74
Other inflows (outflows) of cash0
Net cash flows from (used in) operating activities617.09
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses0
Cash flows used in obtaining control of subsidiaries or other businesses0
Other cash receipts from sales of equity or debt instruments of other entities0
Other cash payments to acquire equity or debt instruments of other entities172.67
Other cash receipts from sales of interests in joint ventures0
Other cash payments to acquire interests in joint ventures0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships0
Proceeds from sales of property, plant and equipment3.5
Purchase of property, plant and equipment29.09
Proceeds from sales of investment property0
Purchase of investment property0
Proceeds from sales of intangible assets0
Purchase of intangible assets0
Proceeds from sales of intangible assets under development0
Purchase of intangible assets under development0
Proceeds from sales of goodwill0
Purchase of goodwill0
Proceeds from biological assets other than bearer plants0
Purchase of biological assets other than bearer plants0
Proceeds from government grants0
Proceeds from sales of other long-term assets0
Purchase of other long-term assets0
Cash advances and loans made to other parties0
Cash receipts from repayment of advances and loans made to other parties0
Cash payments for future contracts, forward contracts, option contracts and swap contracts0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts0
Dividends received15.32
Interest received4.21
Income taxes paid (refund)0
Other inflows (outflows) of cash0
Net cash flows from (used in) investing activities-178.73
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries0
Payments from changes in ownership interests in subsidiaries0
Proceeds from issuing shares0
Proceeds from issuing other equity instruments0
Payments to acquire or redeem entity's shares0
Payments of other equity instruments0
Proceeds from exercise of stock options0
Proceeds from issuing debentures notes bonds etc0
Proceeds from borrowings0
Repayments of borrowings0
Payments of finance lease liabilities0
Payments of lease liabilities0
Dividends paid0
Interest paid-0.13
Income taxes paid (refund)0
Other inflows (outflows) of cash0
Net cash flows from (used in) financing activities0.13
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes438.49
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents0
Net increase (decrease) in cash and cash equivalents438.49
Cash and cash equivalents cash flow statement at beginning of period159.6
Cash and cash equivalents cash flow statement at end of period598.09