Notes to Accounts of Pashupati Cotspin Ltd.

Mar 31, 2025

XIII. Provisions and contingencies:

A provision is recognized when the company has a legal
and constructive obligation as a result of a past event, for
which it is probable that cash outflow will be required
and a reliable estimate can be made of the amount of the
obligation. A contingent liability is disclosed when the
Company has a probable obligation where it is not probable
that an outflow of resources will be required to settle it.
Contingent assets are neither recognized nor disclosed.

XIV. Taxation:

(a) Direct Taxes:

Tax expense for the year, comprising Current Tax if
any and Deferred Tax are included in determining the
net profit for the year.

A provision is made for deferred tax for all timing
differences arising between taxable incomes and
accounting income at currently enacted tax rates.

Deferred tax assets are recognized only if there is
reasonable certainty that they will be realized and are
reviewed for the appropriateness of their respective
carrying values at each balance sheet date.

(b) Indirect Taxes:

The liabilities are provided or considered as
contingent depending upon the merit of each
case and/or receiving the actual demand from
the department.

XV. Impairment Loss:

Impairment Loss, if any, is provided to the extent the
carrying amount of assets exceed their recoverable
amounts. Recoverable amount is that which is higher of an
asset''s net selling price and its value in use. Value in use is
the present value of estimated future cash flows expected
to arise from the continuing use of the assets and from its
disposal at the end of its useful life. Net Selling Price is the
amount obtainable from sale of the asset on arm''s length
basis between knowledgeable and willing parties less the
cost of disposal.

"# A liability is classified as current if, as on the Balance Sheet date, the Company does not have an unconditional right to defer its settlement for

12 months after the reporting date. The following may be noted with respect to borrowings:

(a) The Company would need to evaluate breaches, if any, of terms and conditions of the loans to determine if such a breach would require
classification of the loan under current liabilities, as it may be possible that the Company may not have the right to defer settlement.
However, if the breaches are considered minor and the bank has not recalled the loan anytime before the date of approval of the financial
statements, the Company could continue to classify the loan as non-current.

(b) Liabilities / borrowings that, at the option of the counterparty, are required to be settled by issuance of equity instruments do not affect the
classification of the underlying liability / borrowing.

@ Details of loans and advances to related parties should be given in accordance with the disclosure requirements contained in AS 18 Related

Party Disclosures

Borrowings for which the Company has not provided any security but only guarantees or other personal securities (shares or other assets) by

directors, promoters, other shareholders or others have been provided for the borrowings, should be classified as unsecured.

Loans and advances should include those advances which are in the nature of loans."

*Note : Refer note no. 38 of Notes To Accounts for information regarding terms of repayment and security.

(e) During the reporting period, the Punjab National Bank and State Bank of India have withdrawn the concessional interest rate previously
extended to the Company and charged interest of Rs. 44.24 lacs and Rs. 739 lacs respectively at Normal rates and debited interest for
the respective current period. However, the Company has not accepted and contested the Bank''s arbitrary decision and submitted
request for reinstatement of the concessional rate, asserting that the excess interest is unwarranted.

Pending resolution of the matter, the Company has recorded the differential interest debited by the Bank under Other Current
Assets, as it believes the charge is not justified. As of the reporting date, the matter remains unresolved and under consideration
by the Bank. Given the uncertainty of the outcome and the unconfirmed nature of the liability, no provision has been made in the
books of account.

27. In terms of Accounting Standard 28 - Impairment of Assets issued by ICAI the Management has reviewed its Property Plant & Equipment''s
and the difference between the carrying amount and recoverable value of relevant assets was not material. Hence, provision for impairment
loss is not considered necessary to be made in the books.

28. Expenditure towards Corporate Social Responsibility (CSR) activities:

In accordance with the provisions of Section 135 of the Companies Act, 2013, Schedule VII and Companies (Corporate Social Responsibility
Policy) Rules, 2014 as amended,the Board of Directors of the Company had constituted a Corporate Social Responsibility (CSR) Committee. In
terms of the provisions of the said ACt, the Company was required to spend of Rs.22.94 Lakhs towards CSR activities during the year ended
31^st March, 2025. The Company was Spend Rs.24.50 Lakhs For CSR Expanse the Company has incurred following expenditure towards CSR
activities for the benefit of general public andin the neighborhood of the Company.

39. The Board of Directors has recommended final dividend for the financial year 2024-25 on Equity Share Capital 5% (Rs. 0.5 Per Equity of face
value of Rs.10/- each) subject to approval of the shareholders in the ensuing Annual General Meeting ( AGM )

40. Other Statutory Information

The Company do not have any Benami property, where any proceeding has been initiated or pending against the Company for holding any
Benami property.

The Company do not have any transactions with companies struck off.

The Company do not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

The Company have not traded or invested in Crypto currency or Virtual Currency during the financial year.

The Company have not advanced or loaned or invested funds to any other person(s) or entity (ies), including foreign entities (Intermediaries)
with the understanding that the Intermediary shall:

(a) Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company
(Ultimate Beneficiaries), or

(b) Provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

The Company have not received any fund from any person(s) or entity (ies), including foreign entities (Funding Party) with the
understanding (whether recorded in writing or otherwise) that the Company shall:

Directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding
Party (Ultimate Beneficiaries), or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

The Company have not any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed
as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or surveyor any other relevant
provisions of the Income Tax Act, 1961

@ In September bank report, Debtors have been considered Net of Trading Debtors.

*These differences are mainly due to following reasons:-

(a) Provision of expenses being not considered in statements submitted to bank,

(b) Inventory and Trade Receivables:- Mainly due to change in the basis of valuation of inventories, effects of exchange rate fluctuations,
etc. during the course of audit.

As per our attached report of even date For and on belhalf of the Board of Directors

For Mahendra N. Shah & Co. Pashupati Cotspin Limited

Chartered Accountants
FRN: 105775W

Chirag M. Shah Saurinbhai J. Parikh Tushar R. Trivedi

Partner - Membership No. F 045706 Managing Director Whole Time Director

Membership No. F 045706 (DIN: 02136530) (DIN: 06438707)

Hareshkumar Shah Bijal Thakkar

Chief Financial Officer Company Secretary

Place: Ahmedabad Place: Ahmedabad Place: Ahmedabad

Date: 20/05/2025 Date: 20/05/2025 Date: 20/05/2025

---

Mar 31, 2024

XIII. Provisions and contingencies:

A provision is recognized when the company has a legal and constructive obligation as a result of a past event, for which it is probable that cash outflow will be required and a reliable estimate can be made of the amount of the obligation. A contingent liability is disclosed when the Company has a probable obligation where it is not probable that an outflow of resources will be required to settle it. Contingent assets are neither recognized nor disclosed.

XIV. Taxation:

(a) Direct Taxes:

Tax expense for the year, comprising Current Tax if any and Deferred Tax are included in determining the net profit for the year.

A provision is made for deferred tax for all timing differences arising between taxable incomes and accounting income at currently enacted tax rates.

Deferred tax assets are recognized only if there is reasonable certainty that they will be realized and are reviewed for the appropriateness of their respective carrying values at each balance sheet date.

(b) Indirect Taxes:

The liabilities are provided or considered as contingent depending upon the merit of each case and/or receiving the actual demand from the department.

XV. Impairment Loss:

Impairment Loss, if any, is provided to the extent the carrying amount of assets exceed their recoverable amounts. Recoverable amount is that which is higher of an asset''s net selling price and its value in use. Value in use is the present value of estimated future cash flows expected to arise from the continuing use of the assets and from its disposal at the end of its useful life. Net Selling Price is the amount obtainable from sale of the asset on arm''s length basis between knowledgeable and willing parties less the cost of disposal.

26. Contingent Liabilities:

• Bank guarantees amounting to '' 23.51 Lakhs(PY.''144.82 Lakhs) in favour of DGFT & Customs, . 444.53 Lakhs (PY''.444.53 Lakhs) in favour of Uttar Gujarat Vij Company Limited.

• The company has imported capital spares under the EPCG Scheme at concessional rate of custom duty by undertaking obligation to export. Future outstanding export obligation under the scheme is ''. 382.72 Lakhs (previous year ''. 382.72 Lakhs) which is equivalent to 6 times of duty saved ''. 63.79 Lakhs (Previous year ''. 63.79 Lakhs). The export obligation must be completed by 2021-22 to 2027-28.

• In respect of Goods and Service Tax Liability of ''. 566.47 Lakhs( F.Y 17-18 & F.Y 18-19 Related to case for Income difference between income shown on portal and income disclose in books of accounts & wrongly availed Input Tax Credit.)* In respect of Goods and Service Tax Liability of '' 598.47 Lakhs.

• Corporate guarantees amounting to ''. 19,579 Lakhs favour of Pashupati Texspin Export LLP (Relation: Associate)

39. The Board of Directors has recommended final dividend for the financial year 2023-24 on Equity Share Capital 75% (''. 0.75 Per Equity of face value of ''.10/- each) subject to approval of the shareholders in the ensuing Annual General Meeting (AGM)

40. Other Statutory Information

The Group do not have any Benami property, where any proceeding has been initiated or pending against the Group for holding any Benami property.

The Group do not have any transactions with companies struck off.

The Group do not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

The Group have not traded or invested in Crypto currency or Virtual Currency during the financial year.

The Group have not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding that the Intermediary shall:

(a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Group (Ultimate Beneficiaries), or

(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

The Group have not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Group shall:

directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries), or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

The Group have not any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or surveyor any other relevant provisions of the Income Tax Act, 1961

* These differences are mainly due to following reasons:-

(a) Provision of expenses being not considered in statements submitted to bank,

(b) Amounts of trade payables and trade receivables are shown net off advances to suppliers and advances from customers respectively in statements submitted to bank.

(c) Inventory and Trade Receivables:- Mainly due to change in the basis of valuation of inventories, effects of exchange rate fluctuations, etc. during the course of audit.

As per our attached report of even date

For Mahendra N. Shah & Co. For Pashupati Cotspin Limited

Chartered Accountants FRN: 105775W

Chirag M. Shah Saurinbhai J. Parikh Tushar R. Trivedi

Partner Managing Director Whole Time Director

Membership No. F 045706 (DIN: 02136530) (DIN: 06438707)

Hareshkumar Shah Nisarg Shah

Chief Financial Officer Company Secretary

Place: Ahmedabad Place: Ahmedabad Place: Ahmedabad

Date: 25/05/2024 Date: 25/05/2024 Date: 25/05/2024

---

Mar 31, 2023

Note No. 2.5

There are no unpaid calls from Directors or officers.

Note No. 2.6

Equity shares rank pari pasu & subject to right, preference and restrictions under the Companies Act.

Note No. 2.7

Addition in Equity Shares of 40,50,000 are as a result of the conversion of Share Warrants as on July 24, 2020.

26. Contingent Liabilities:

• Bank guarantees amounting to '' 144.82 Lakhs (PY. '' 111.71 Lakhs) in favour of DGFT& Customs, '' 444.53 Lakhs (P.Y. '' 262.51 Lakhs) in favour of Uttar Gujarat VijCompany Limited.

• The Company has availed benefit of concessional duty on Machineries imported under Export Promotion Capital Goods Scheme during the year 2013-14 to 2019-20.The Company''s obligation for export was fixed of '' 13,706.47 Lakhs out of which company has fulfilled obligation of '' 13,387.54 Lakhs (of which '' 63.79 (P.Y. '' Nil)) claims are submitted but pending for approval) & obligation of '' 382.72 Lakhs are pending to be fulfilled.

• In respect of Income Tax Liability of '' 4.06 Lakhs( P.Y. '' 16.51 Lakhs).

• In respect of Goods and Service Tax Liability of '' 598.47 Lakhs.

27. In terms of Accounting Standard 28 - Impairment of Assets issued by ICAI the Management has reviewed its Property Plant &Equipments and the difference between the carrying amount and recoverable value of relevant assets was not material. Hence, provision for impairment loss is not considered necessary to be made in the books.

28. Disclosure on Corporate Social Responsibility (CSR) activities u/s 135 of the Companies Act, 2013 is as under:

During the financial year ended 31^st March, 2023, the Company incurred CSR expenditure of '' 32.77 Lakhs (Rupees Thirty-Two Lakhs Seventy-Seven Thousand Only). The CSR initiative of the Company is mainly under promotion of healthcare specially relating to cancer awareness and Promoting Education.

There are no Micro, Small & Medium Enterprises to whom the company over dues, which are outstanding for more than 45 days as at March 31, 2023. This information is disclosed under the Micro, Small & Medium Enterprises Development Act, 2006 which has been determined to the extent such parties have been identified on the basis of the information available with the company.

31. Related Party Disclosure:

• The names of the related parties and nature of the relationships where control exists are disclosed irrespective of whether or not there have been transactions between related parties. For others, the names and the nature of relationships is disclosed only when the transactions are entered into by the Company with the related parties during the existence of the related party relationship.

• Enterprise having significant influence, the name and the nature of relationships is disclosed only when the transactions are entered into by the Company with the Related Parties during the existence of Related Party Relationship.

Sensitivity Analysis: Significant actuarial assumptions for the determination of the defined benefit obligation are discount rate and expected salary increase rate. Effect of change in mortality rate is negligible. Please note that the sensitivity analysis presented below may not be representative of the actual change in the defined benefit obligation as it is unlikely that the change in assumption would occur in isolation of one another as some of the assumptions may be correlated. The results of sensitivity analysis are given below:

38. Code on Social Security:

During the previous year ended 31^st March, 2023 the Central Government has published "The Code on Social Security, 2020" and "Industrial Relations Code, 2020" ("the Codes") in the Gazette of India, inter alia, subsuming various existing labourand industrial laws which deals with employees related benefits including post employment. The effective date of the codesthereunder and the rules are yet to be notified. The impact of the legislative changes, if any, will be assessed and recognized post notification of the relevant provisions.

39. The Board of Directors has recommended final dividend for the financial year 2022-23 on Equity Share Capital 7.5% ('' 0.75 Per Equity of face value of '' 10/- each) subject to approval of the shareholders in the ensuing Annual General Meeting ( AGM )

40. Other Statutory Information

i. The Company do not have any Benami property, where any proceeding has been initiated or pending against theCompany for holding any Benami property.

ii. The Company do not have any transactions with companies struck off

iii. The Company do not have any charges or satisfaction which is yet to be registered with ROC beyond the statutoryperiod.

iv. The Company have not traded or invested in Crypto currency or Virtual Currency during the financial year.

v. The Company have not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreignentities (Intermediaries) with the understanding that the Intermediary shall:

a. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalfof the company (Ultimate Beneficiaries), or

b. provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries

vi. The Company have not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall:

(a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalfof the Funding Party (Ultimate Beneficiaries), or

(b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

vii. The Company have not any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or surveyor any other relevant provisions of the Income Tax Act, 1961.

viii. The Board of the directors of the Company has approved the accounts on 29^th May, 2023.

---

Mar 31, 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH, 2018

Particulars	As At 31 March, 2018		As At 31 March, 2017
	Number	Rs.	Number	Rs.
NOTE NO. 2(A) - SHARE CAPITAL :
Authorised Share Capital
Equity Shares of Rs 10/- each	1,10,00,000	110,000,000	-	-
Issued
Equity Shares of Rs 10/- each	1,02,84,000	102,840,000	-	-
Subscribed & Paid up
Equity Shares of Rs. 10/- each fully paid	1,02,84,000	102,840,000	-	-
TOTAL	1,02,84,000	102,840,000	-	-
NOTE NO. 2.1 :
Equity Shares outstanding at the beginning of the year	-	-	-	-
Shares Issued during the year	1,02,84,000	102,840,000	-	-
Shares bought back during the year	-	-	-	-
Shares outstanding at the end of the year	1,02,84,000	102,840,000	-	-

NOTE NO. 2.2 :

Details of Shareholders holding more than 5% Shares.

Name of Shareholder	As At 31 March, 2018		As At 31 March, 2017
	No. of Shares held	% of Holding	No. of Shares held	%of Holding
Ashishbhai Rameshchandra Trivedi	600000	5.83	-	-
Bhaveshbhai Jayantibhai Patel	525000	5.11	-	-
Daksheshbhai Jayantibhai Patel	525000	5.11	-	-
Falguniben Miteshbhai Parikh	1125000	10.94	-	-
Hariprabhaben Arvindbhai Parikh	975000	9.48	-	-
Mukeshbhai Vithalbhai Patel	600000	5.83	-	-
Renukaben Jagdishbhai Parikh	975000	9.48	-	-
Saurinbhai Jagdishbhai Parikh	1725000	16.77	-	-

NOTE NO 2.3 :

75,00,000 Equity Shares allotted pursuant to conversion of M/s Pashupati Cotspin LLP, a Limited Liability Partnership into a Private Limited company under Section 366 of Part I, Chapter XXI of the Companies Act, 2013 with the name of Pashupati Cotspin Private Limited and thereafter converted into Pashupati Cotspin Limited.

The company has only one class of shares referred to as equity shares having a par value of Rs 10. Each holder of equity shares is entitled to one vote per share.The company declares and pays dividend in Indian Rupees The dividend recommended by the Board of Directors is subject to the approval of the share holders in the ensuing Annual General Meeting.

NOTE NO 2.4 :

There are no unpaid calls from Directors or officers.

NOTE NO. 2.5 :

Equity shares rank pari pasu & subject to right, preference and restrictions under the Companies Act.

	Particulars	As At 31 March, 2018	As At 31 March, 2017
NO	2(B) - RESERVES & SURPLUS :
(a)	Surplus in Statement of Profit & Loss
	Opening balance	18,44,22,637	-
	( ) Net Profit For the current year	-63,62,977	-
	(-) Proposed Dividends	-	-
	(-) Corporate Dividend Tax	-	-
	(-) Depreciation of Earlier years		-
	( ) Transfer to Reserves	5,90,79,008	-
	Closing Balance	23,71,38,668	-
(b)	Share Securities Premium
	Opening Balance
	Add: Additions during the year	18,09,60,000	-
	Less: Utilised during the year	-	-
	Closing Balance	18,09,60,000	-
	TOTAL	41,80,98,668	-

NOTE 3 - LONG TERM BORROWINGS :

A.	Secured Loan
	1 ) From Oriental Bank of Commerce	75,97,49,488	31,79,14,180
	2) From Yes Bank	3,58,51,845	-
	3) From HDFC	52,06,747	-
Less:Current Maturities of long term debt		-17,00,64,797	-
B.	Unsecured Loan
	1) From Members	16,28,82,309	2,64,75,350
	2) From others	-	88,77,843
	TOTAL	79,36,25,592	35,32,67,373

NOTE.: 4 - DEFERRED TAX LIABILITY :

Deferred Tax Liability	8,92,66,504	-6,92,03,900
TOTAL	8,92,66,504	-6,92,03,900

NOTE.: 5- LONG TERM PROVISIONS :

Provision- Others Provision For Gratuity	37,45,391	25,00,000
TOTAL	37,45,391	25,00,000

NOTE.: 6 - SHORT TERM BORROWINGS :

(a) Working Capital Loan ( Secured)	62,80,49,692	30,61,21,061
TOTAL	62,80,49,692	30,61,21,061

Particulars	As At 31 March, 2018	As At 31 March, 2017
NOTE.: 7 - TRADE PAYABLES :
Trade Payables
For Supply of Goods	1,07,23,449	6,60,64,794
For Others	1,78,67,911	1,87,70,794
TOTAL	2,85,91,361	8,48,35,588

NOTE.: 8 - OTHER CURRENT LIABILITIES :

Other payables (i) Statutory Remittances	5,27,30,192	1,18,29,242
(ii) Current Maturities Of Long Term Borrowings	17,00,64,797	10,79,43,996
(iii) Other Payables	1,93,06,429	1,71,60,409
TOTAL	24,21,01,418	13,69,33,647

NOTE.: 9 - SHORT TERM PROVISIONS :

Provision for Income Tax	1,38,51,940	-
TOTAL	1,38,51,940	-

NOTE : 10 - FIXED ASSETS :

	GROSS BLOCK AT COST				DEPRECIAITON				NET BLOCK
Particulars	Balance as on 03.07.2017	Additions During the Year	Adjustment Deductions During the year	Balance as on 31.03.2018	As on 03.07.2017	Provided During the year	Amount Transferred to Retained Earnings	Adjustment/ Deductions During the year	As on 31.03.2018	As on 31.03.2018
Bridges, culverts, bunders, etc.	9,78,675	.	-	9,78,675	3,87,394	23,072	2,82,007	.	1,28,459	8,50,216
Computer software	3,46,200	-	-	3,46,200	3,16,024	40,821	1,66,597	-	1,90,248	1,55,952
Computer	5,20,099	4,26,794	-	9,46,893	4,65,931	43,159	2,147	-	5,06,942	4,39,951
Electrical Installation	2,76,95,833	1,95,97,007	11,00,000	4,61,92,840	1,24,43,186	27,14,004	35,17,482	2,94,194	1,13,45,514	3,48,47,326
Factory Building	20,27,01,645	6,37,86,736	-	26,64,88,381	4,99,15,390	55,43,949	3,35,12,815	-	2,19,46,523	24,45,41,858
Office Equipments	5,79,541	-	-	5,79,541	1,50,303	86,415	-1,13,965	-	3,50,683	2,28,858
Plant & Machinery	69,51,55,814	53,96,95,382	3,08,91,218	1,20,39,59,978	29,50,21,747	7,37,29,414	5,04,62,028	1,15,01,930	30,67,87,203	89,71,72,775
Tubewell	6,30,670	-	-	6,30,670	2,55,972	94,038	-1,65,029	-	5,15,039	1,15,631
Vehicle	1,34,91,043	6,00,000	-	1,40,91,043	29,67,734	11,99,047	6,49,453	-	35,17,329	1,05,73,714
Land	1,93,87,328	-	-	1,93,87,328	-	-	-	-	-	1,93,87,328
Total	96,14,86,848	62,41,05,919	3,19,91,218	1,55,36,01,549	36,19,23,681	8,34,73,919	8,83,13,536	1,17,96,125	34,52,87,940	1,20,83,13,610

Particulars	As At	As At
	31 March, 2018	31 March, 2017
NOTE : 11- LONG TERM LOANS & ADVANCES :
Unsecured, Considered Good
Capital Advances	19,61,061	3,96,68,485
TOTAL	19,61,061	3,96,68,485
NOTE : 12 - INVENTORIES :
(At Lower of Cost or Net Realisable Value)
(a) Raw Materials	57,78,150	1,02,12,500
(b) Finished Goods	57,46,86,557	17,38,08,721
(c) WIP	3,40,07,156	1,09,12,358
(d) Stores , Spares & Packing Material	2,43,17,842	1,08,49,524
TOTAL	63,87,89,705	20,57,83,103
NOTE : 13 - TRADE RECEIVABLES :
Unsecured, Considered Good
More than Six Month	3,52,77,885	2,90,13,855
Others	19,94,13,957	22,99,96,132
TOTAL	23,46,91,842	25,90,09,987
NOTE : 14 - CASH AND CASH EQUIVALENTS :
(a) Cash on Hand	17,36,714	9,34,739
(b) Balances with Banks
(1) In Current Accounts
(ii) Oriental Bank Of Commerce	1,10,063	67,515
(iii) Others	33,107	-
(2) Fixed Deposits Under Lien #
(i) Against Borrowings	62,88,871	59,34,164.00
(ii) Against Guarantees	85,97,640	51,68,009.00
TOTAL	1,67,66,395	1,21,04,427
# Fixed Deposit with Maturity of more than 12 Month.
NOTE : 15 - SHORT TERM LOANS AND ADVANCES :
Unsecured, Considered Good
(a) Loans and Advances
Others	12,05,05,070	35,95,17,464
(b) Security deposit
Others	36,76,010	3,29,510
(c) Balances with Government Authorities	9,54,66,870	1,57,72,181
TOTAL	21,96,47,950	37,56,19,155

Particulars	As At 31 March, 2018	As At 31 March, 2017
NOTE : 16 - REVENUE FROM OPERATIONS :
1 Yarn Sales	1,06,78,74,290	1,09,57,28,039
2 Yarn Waste Sales	12,47,32,915	10,93,77,390
3 Cotton Sales	2,07,42,28,910	1,43,21,29,405
TOTAL	3,26,68,36,115	2,63,72,34,834
Less : Rebate & Goods returned	.	58,47,119
Less : Excise Duty	-	-
NET SALES	3,26,68,36,115	2,63,13,87,715
4 Other Operating Revenues	7,73,92,214	12,83,61,174
TOTAL	3,34,42,28,330	2,75,97,48,889
NOTE : 17 - OTHER INCOME :
1 Interest Income	21,61,222	2,85,89,917
2 FD Interest Income	11,90,422	8,66,081
3 Weight Bridge Income	_	36,980
4 Other Income and Kasar Vatav	43,62,734	27,82,687
TOTAL	77,14,378	3,22,75,665
NOTE : 18.A - COST OF MATERIALS CONSUMED :
Opening Stock	-	38,00,000
Add: Purchases	3,15,79,30,678	2,28,39,26,448
Less: Closing Stock	57,78,150	1,02,12,500
TOTAL	3,15,21,52,528	2,27,75,13,948
NOTE : 18.B - CHANGES IN INVENTORIES OF FINISHED GOODS :
Inventories at the End of the Year:
Finished Goods	57,46,86,557	17,38,08,721
Stores, Spares & Packing Material	2,43,17,842	1,08,49,524
Work in process	3,40,07,156	1,09,12,358
	63,30,11,555	19,55,70,603
Inventories at the Beginning of the Year:
Finished Goods	28,85,97,112	14,35,30,461
Stores, Spares & Packing Material	1,12,08,859	1,16,87,617
Work in process	1,01,73,991	85,49,848
	30,99,79,962	16,37,67,926
TOTAL	-32,30,31,593	-3,18,02,677
NOTE : 19 - EMPLOYEE BENEFITS EXPENSE :
Salaries and Wages	5,52,06,776	4,71,50,936
Gratuity Expenses	12,45,391	25,00,000
Leave Encashment	-	22,62,219
Contributions to Provident and Other Funds	5,96,103	5,01,831
Staff Welfare Expenses	18,22,825	23,72,609
TOTAL	5,88,71,095	5,47,87,595

Particulars	As At	As At
	31 March, 2018	31 March, 2017
NOTE : 20 - FINANCE COST :
Bank Charges Exp.	3,10,242	10,06,015
Bank Interest Exp.	9,28,95,777	8,34,71,183
Other Exp.	43,14,261	26,23,336
Interest on Partner''s Capital	-	4,10,77,292
Loan processing fees and other charges	31,88,197	15,14,033
TOTAL	10,07,08,477	12,96,91,859
NOTE : 21 - OTHER EXPENSES :
Transportation Expenses	47,05,020	36,99,077
Brokerage & Commission Expenses	51,14,540	47,28,498
Job work Expenses	82,13,476	55,19,203
Legal & Consultancy Charges	10,56,531	18,76,451
Power and Fuel	15,07,72,633	14,32,02,033
Donation	18,01,949	6,54,603
Freight Expense	3,68,687	1,46,560
Factory Expense	86,000	1,11,477
Bad debt exp.	-	7,18,797
Repairing & Maintenance	2,12,58,485	52,44,670
Labour Expenses	30,62,736	6,06,252
Insurance	9,36,199	17,45,068
Travelling Expenses	3,05,299	3,35,402
Advertisement Expenses	95,100	28,440
Loading & Unloading Expenses	33,98,775	37,78,377
Loss on Sale of Fixed Assets	31,09,045	-
Quality Claim & Weight Shortage Claims	7,15,322	85,52,854
Sales Tax Expense	14,400	25,797
Auditors Remuneration (Refer Note Below)	1,75,000	2,01,250
Internal Audit Fees	43,500	-
Stationery, Printing, Postage & Telephone	7,04,273	7,21,614
General Expenses	60,61,407	77,93,856
TOTAL	21,19,98,377	18,96,90,279

NOTE:
Payments to the Auditors comprises :
As Auditors - Statutory Audit	1,75,000	2,01,250
Taxation Matters	.	.
Out of pocket expenses	-	-
TOTAL	1,75,000	2,01,250