5240192022-04-012022-06-305240192022-04-012022-06-30in-bse-fin:OtherExpenses1Member5240192022-04-012022-06-30in-bse-fin:OtherExpenses2Member5240192022-04-012022-06-30in-bse-fin:OtherExpenses3Memberiso4217:INRiso4217:INRxbrli:shares

524019

KINGFA

NOTLISTED

INE473D01015

KINGFA SCIENCE AND TECHNOLOGY INDIA LIMITED

Equity

2022-04-01

2023-03-31

2022-08-10

2022-08-01

INR

Lakhs

First quarter

Single segment

Reinforced Polypropylene

2022-08-10

12:00:00

2022-08-10

17:10:00

Not applicable

2022-04-01

2022-06-30

Unaudited

Standalone

3458710000

1618000

3460328000

2519222000

100364000

345108000

51002000

13597000

34234000

362996000

3426523000

33805000

10600000

-1534000

9066000

24739000

121105000

2.04

Notes : 1 The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on August 10, 2022. The Statutory auditors of the Company have carried out an audit of the results for the quarter ended June 30, 2022. 2 The financial statement has been prepared in accordance with Indian Accounting Standards (Ind AS), the provisions of the Companies Act, 2013 (the Act), as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI). 3 The Company manufactures "Reinforced Polypropylene" which is a single segment in accordance with Ind AS 108 - "Operating segment" notified pursuant to Companies (Indian Accounting Standards) Rules, 2015. 4 Other expenses includes exchange gain/(loss) as per following. Particulars Quarter Ended Jun 30, 2022 Mar 31, 2022 Jun 30, 2021 March 31, 2022 (Unaudited) (Audited) (Unaudited) (Audited) Foreign exchange gain/ (loss) (1,450.48) (467.68) 335.43 (765.53) 5 The Company has evaluated the impact of COVID-19 on the operations of the Company, inventories, property, plant & equipment, current borrowings and trade payables. The management has considered the possible effects, if any, on the carrying amounts of these assets and liabilities up to the date of approval of these results. Based on the information from the internal and external sources; the management estimates to recover the carrying amount of these assets and currently does not anticipate any material impairment. 6 As at June 30, 2022, the company has certain foreign currency trade payables aggregating to Rs.1,478.79 lakhs which are payable to other group companies situated outside India towards goods purchased and certain foreign currency trade receivables aggregating to Rs.163.12 lakhs. These balances are pending for settlement or realisation beyond the time period stipulated as per the FED Master Direction No. 17/2016-17, dated January 01, 2016 (as amended) issued by Reserve Bank of India (RBI) and FED Master Direction No. 16/2015-16 dated January 1, 2016 (as amended) issued by RBI, respectively. The Company is in the process of regularising aforesaid delays for making necessary statutory compliances in respect of aforesaid dues. Pending conclusion of the aforesaid matters, the management believes that the impact, if any, is not ascertainable but expected not to be material to the financial statements. Therefore, no adjustments is required to be made in the financial statements. 7 Previous period's figures have been regrouped / reclassified wherever necessary to correspond with the current period's classification / disclosure.

Manufacturing expenses

89097000

Selling expenses

77110000

Administration expenses

196789000