INTEGRATED FILING — Other than Banks



General information about company

Scrip code 123456
NSE Symbol QVCEL
MSEI Symbol NOTLISTED
ISIN INE0KZF01015
Name of Company QVC EXPORTS LIMITED
Type of company SME
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 04-Jun-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 31-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment NA
Start date and time of board meeting 04-Jun-2025   17:00:00
End date and time of board meeting 05-Jun-2025   22:45:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? No
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? No
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-05-28
Indicate Company website link for updated RPT policy of the Company www.qvcgroup.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable


Financial Results — Other than Bank
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue 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.
1 Revenue From Operations
Revenue from operations 1612571000 3587843000
Other income 47601000 69477000
Total Income 1660172000 3657320000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 1290648000 3259957000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 93311000 -102479000
(d) Employee benefit expense 6052000 11717000
(e) Finance costs 49116000 91099000
(f) Depreciation and amortisation expense 1854000 4093000
(g) Other Expenses
1 Handling & Storage Charges 2267000 5921000
2 Inspection Charges 1381000 2699000
3 claim paid 0 17923000
4 Shipping & Clearing Charges 20600000 31812000
5 Weightment Charges 15000 80000
6 Custom Duty -96000 1231000
7 Freight Charges 73744000 156986000
8 Transportation Charges 26182000 52803000
9 Indirect Expenses 50496000 52626000
Total other expenses 174589000 322081000
Total expenses 1615570000 3586468000
3 Profit before exceptional and extraordinary items and tax 44602000 70852000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 44602000 70852000
6 Extraordinary items 0 0
7 Profit before tax 44602000 70852000
8 Tax Expense
Current tax 8226000 15207000
Deferred tax -57000 265000
Total tax expenses 8169000 15472000
9 Net Profit Loss for the period from continuing operations 36433000 55380000
10 Profit (loss) from discontinuing operations before tax 0 0
11 Tax expense of discontinuing operations 0 0
12 Net profit (loss) from discontinuing operation after tax 0 0
13 Profit (loss) for period before minority interest 36433000 55380000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 36433000 55380000
17 Details of equity share capital
Paid-up equity share capital 840169200000 1045129200000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 0
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.61 5.76
Diluted earnings (loss) per share from continuing and discontinued operations 3.61 5.76
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio
23 Disclosure of notes on financial results


Remarks
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio


Cash flow statement — indirect
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 70852000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 91099000
Adjustments for depreciation and amortisation expense 4093000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for share-based payments 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 95192000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -102479000
Adjustments for decrease (increase) in trade receivables -280915000
Adjustments for decrease (increase) in other current assets -136170000
Adjustments for increase (decrease) in trade payables -19509000
Adjustments for increase (decrease) in other current liabilities 400125000
Adjustments for provisions -13000
Total adjustments for working capital -138961000
Total adjustments for reconcile profit (loss) -43769000
Net cash flows from (used in) operations 27083000
Dividends received -14000
Interest paid 0
Interest received -7042000
Income taxes paid (refund) 17395000
Other inflows (outflows) of cash -39176000
Net cash flows from (used in) operating activities before extraordinary items -36544000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -36544000
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property plant and equipment 0
Purchase of property plant and equipment 0
Proceeds from sales of intangible assets 41100000
Purchase of intangible assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 14000
Interest received 7042000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -45574000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items 2582000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities 2582000
Cash flows from used in financing activities
Proceeds from issuing shares 176266000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 16509000
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -106668000
Net cash flows from (used in) financing activities before extraordinary items 53089000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 53089000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 19127000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 19127000
Cash and cash equivalents cash flow statement at beginning of period 18889000
Cash and cash equivalents cash flow statement at end of period 38016000


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Equity and liabilities
1 Shareholders' funds
Share capital 104513000
Reserves and surplus 400373000
Money received against share warrants 0
Total shareholders' funds 504886000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 6478000
Deferred tax liabilities (net) 1154000
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 996000
Long-term provisions 0
Total non-current liabilities 8628000
6 Current liabilities
Short-term borrowings 834442000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 38732000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 17374000
Total Trade payable 56106000
Other current liabilities 52944000
Short-term provisions 8485000
Total current liabilities 951977000
Total equity and liabilities 1465491000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 81169000
Producing properties 0
Intangible assets 2435000
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 0
Intangible assets under development or work-in-progress 0
Total Property, Plant and Equipment and Intangible assets 83604000
ii Non-current investments 3880000
v Deferred tax assets (net) 0
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 163705000
viii Other non-current assets 95971000
Total non-current assets 347160000
Current assets
Current investments 0
Inventories 102480000
Trade receivables 638075000
Cash and cash equivalents 38016000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 334800000
Other current assets 4960000
Total current assets 1118331000
Total assets 1465491000
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments




Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 28-Aug-2024
Amount Raised 17626600000000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NO SUCH COMMENTS
Comments of the Audit Committee after review NO SUCH COMMENTS
Comments of the auditors, if any NO SUCH COMMENTS
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Repayment of Unsecured Loan NA 10900000 0 10900000 0
2 Working capital requirements of our Company NA 90000000 0 90000000 0
3 General Corporate Purposes NA 47414000 0 47414000 0
4 Issue Related Expenses NA 27952000 0 27198000 0


Signatory Details
Name of signatory NILESH KUMAR SHARMA
Designation of person Managing Director
Place KOLKATA
Date 05-Jun-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
Total value of transaction during the reporting period