Lotus Eye Hospital And Institute Limited 0 (Formerly Lotus Eye Care Hospital Limited) W

CIN NO.: L85110TZ1997PLC007783

770/12, Avinoshi Rood, Civil Aerodrome Post, Coimbotoro. 64 l 014. Toi: 0422. 4229900, 4229999 Fox: 0422 · 2627193

R.S.PURAM MEilU.P.ALA'tLW TIRUflJR _ . 86 a 'ndhavon Rood d \Bocks1do) No. · ' " ' I I

~ 1558, East Periasomy Rood, Neor Chinthomani,

North Coimbatore, R.S.Purom,

Coimbatore -641 002

No. 28, Coimbotoro Main Rd ., No. 5(2), Oo1olok1hm11hool~e Ru0 601

Foirlnnds, Solem . 636 016 Opp. Bus Stand, M1P . 634 301. Noor Volormolhi Bus Slop, l irupur · 641 · p . 0427 . 4219900, 4219999 I Phono : 04254 . 223223, 224224 Phone : 0421 • 4346060, 4219999 ·

vNN-1.lotuseye.org Phone: 0422 . 4239900, 4239999 Email : info@lotuseye.org

14th November. 2019

National Stock Exchange of India Ltd. BSE Limited Listing Department, Exchange Plaza, The Corporate Relationship Department . . 5th Floor,Plot No. C/1, G Block, Bandra Kurla 1st Floor, New Trading Wing, Rotunda Build mg, Complex, Bandra (E), Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400051 Mumbai - 400001 Scrip Code: LOTUSEYE Scrip Code: 532998

Dear Sir/Madam,

Sub: Outcome of Board Meeting and disclosure{s) pursuant to Regulation 30 This is to inform you that the Board of Directors at their meeting held on 14th November, 2019 has inter-alia noted

and approved the following:

1. Un-audited Financial Results

Pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015, please find enclosed herewith the foll wing:

Un-audited Financial Results (Standalone) for the quarter ended/Half year ended 30th September, 201 9 along

with Limited Review Report.

2. Appointment of Ms. Sangeetha Sundaramoorthy as Whole-Time Director of the Company, subject to

approval of the shareholders of the Company, for a period ofFive(5) years w.e.f November 14, 20\9 .

Particulars Ms. Sangeetha Sndaramoorthy

Brief Profile Ms. Sangeetha Sundaramoorthy is a software professional, having more than l O years of experience and other management expertise that she brings to the Board.

Relationship S.K. Sundaramoorthy , chairman and Managing director - Father. Ms. Kavetha Sundaramoorthy , Director - Sister

Kochi

I Kochi

533/33A 33F, Teias Tower, SA. Rood, Kodavonthora, Kochi, Kerolo- 682 020.

229A, Kurisingal House,

MulonlhlXuly Post

Kechi, Kerola • 682 314

Tel.: 0484 -2322333, 2322444 Tel.: 0-484 . 274319 1, 2743121

L.□Tus Lotus Eye Hospital And Institute Limited ~ ~ (Formerly Lotus Eye Core Hospital Limited) ~ 1:;

·~ ·· CIN NO.: L85110TZ1997PLC007783 &-i.J '- .... .,,-·~ .... . ... 11r_..

770/12, Avinoshi Rood, Civil Aerodrome Posl, Coimbolore • 641 014. Tel : 0422 • 4229900, 4229999 Fox : 0422 . 2627193

&,S.PUPAM METTU PAlAY~ TIRUPUR ~ J 558, East Periosomy Rood, Near Chinthomoni, North Coimbotore, R.S.Purom,

Coimbatore -641 002 Phone: 0422 -4239900, 4239999

No. 28, Coimbatore Main Rd., No. 5(2), Goiolokshmi Theolre P.ood (Bocbide) ~lo. : 86, Brindh(Mi'I fu..d,

Opp. Bus Stand, MTP . 634 301. Near Volormafhi Bus Stop, Tirvpvr • 641 601 . foirionm, Sa~m · 636 016 Phone: 04254 . 223223, 224224 Phon": 0421 . 4346060, 4219999 P: 0427 · 4219?00, 421?rl?I

Email : info@lotuseye.org www.lotuseye.org

2. Ms. Kavetha Sundaramoorthy , Director -Sister

The meeting of the Board of Directors commenced at 11 .00 a.m. and concluded at 7.55 p.m.

Thanking You,

Yours faithfully,

For Lotus Eye Hospital and Institute Limited

CS Aakanksha Parmar Company Secretary and Compliance officer

~ochi Kochi 53~/33A :3F, Tejas Tower,

~A. R'Y'd, r.odovonthoro,

:,rv\ t<<•;oki- f.S2 020. I - •

229A, Kurisingol House,

Mulonlhuruty Pos1 Kochi, Kerolo • 682 314 Tel. : 04?,4 . 774'!'91 ~u:1:1

L.OT US Lotus Eye Hospital And Institute Limited 0 ® · ~---~\. .........

(Formerly Lotus Eyo Care Hospital Limited) , : , CIN NO.: L85110TZ1997PLC007783 • ' I I

770/12, A,inoshi Road, Ci~I Aerodrome Post, Coimbatore• 641 014. Tel : 0422 · 4229900, 4229999 Fax: 0422 • 2627193

R.S,FURAM MEUUPA~YM Ilfil£UB SAL™ 1558, Eos1 ~) Ro.>d, Near Chinlhomoni,

North Cv,m~ R &.l\rom

No. 28, Coimbatore Main Rd,, No. 5(2), Gojolokshmi Theolro Rood (Bocksido) No. : 86, Brindhavon Rood, Opp. Bus Stand, MTP . 634 301. Near Volormothi Bus Stop, Tirupur . 641 601 . Foirlondo, Solem · 636 016

CN"'~ -6-4 I 002 Phone : 04254 . 223223, 224224 Phone : 042 1. 4346060, 4219999 P: 0427 · 4219900, 42199991 Ftior,e : 04:2 . 423q9(X), -l23Q999

www.lotuseye.org

K.9s~i

Email : info@lotuseye.org

CEO & CFO Certificate

To

The Board of Directors Lotus Eye Hospital and Institute Limited 770/1 2. Avinashi Road, Civil Aerodrome Post, Coimbatore - 641 014

Sub: Certificate of correctness of financial results under Regulation 33

As per the Regulation 33 (2) (a) of SEBI (Listing obligations and disclosures

requirements) Regulations, 2015, we hereby certify that the financial results of the

Company for the quarter ended 30.09.2019 placed before the meeting do not contain

any false or misleading statements or figures and do not omit any material fact which

may make the statements or figures contained therein misleading.

For and on behalf of the Board

~r. ~-~--~~.£=:t· Chairman cum Managing Director

Place: Coimbatore

Date : 14.11.201 9

Kochi :::3.33\-::;:, r'c-:csb€-,

' : ~ ' '<'. d, --cc::,-c~•l;::ro I

229A, Kurisingol House,

Mulonthuruty Post

; \('( .. ·, :~~ .. c :J· C82 ~~O. Kochi, Kerolo • 682 314

! - - : ::,4 · ~.:: 2:i33, 2322~H Tel. : 0484 - 2743191, 2743121

ANBARASU & JALAPATHI lCAJ C 11 A H T I H r l > A l (. n \ I N l A N f r:,

lo

l ht.> l10,ll d l'' Din'd l'I ~. L,, tu, f \ t' l·fo~p11JI ,111(1 Inst itute Limi ted,

1.·,, ,111bJIL'I l' LIMITED REVIEW REPORT FOR THE PER IOD ENDED SEPTEMBER 30, 201_2

1 We have reviewed the accompanying stat ement of un r1 udited fin ,111c1r1 I rcsull '> of LOTUS EYE HOSPITAL AND INSTITUTE LIMITED (" th e Company" ) for th e pe ri od f' ncl ccf SEPTEMBER 30, 2019, being su bm it ted by the Compa ny pu1 suant to the re qui rement of r-{cg ul,1t1011

33 of t he SEB I (Listi ng Obliga t ions and Disclos ure Requ irements) Reg ula I ions, 2015 cl S crm endcd.

2 This sta tement which is the respon sibility of the Company's ma nagement and approved by th r

Board of Di rectors at their meet ing on November 14, 2019, ha s been prepared in accord ance with the recog nition and measurement principles laid down in th e Indian Accoun ting Standard 34 " Inte ri m Fi nancial Reporting" ("Ind AS 34"), prescri bed under Sect ion 133 of the Companies Ac t, 2013 read with re leva nt rules issued thereunder and other accounting princip les genera lly accepted in India . Our responsibility is to issue a report on these financial statements based on our review.

3. We conducted our review in accordance with the Sta ndard on Review Engagement (SRE) 2410, 'Review of Interim Financial Information Performed by the Indepe ndent Auditor of the Entity' issued by the Institute of Chartered Accountants of India . Thi s stand ard requires that we plan and perform the review to obtain moderate assurance as to whether the financi al statements are fre e of materia l misstatement. A review is limited primarily to inquiries of company personnel and analyt ical procedures applied to financial data and thus provide less assuran ce t han an audit. We ha ve not performed an audit and accordingly, we do not express an audit opinion.

4. Ba sed on ou r revie w conducted as stated above, nothing ha s come to our attent ion th at ca uses us to believe that the accompanying statement of unaudited finan cia l results prepared in accord ance with the aforesaid Indian Accounting Standards and other recognized accounting pra ct ices and policies, have not disclosed the information required to be di sc losed in terms of Regulation 33 of

the SEBI (List ing Obligations and Disclosure Requirements) Regulations, 2015 as amend ed, including the man ner in which it is to be disclosed, or that it contains any material mi ss tatement.

Coimbatore,

Nove mber 14, 201 9.

@ 3 0 C . A LA GESAN ROA D,

S AIB ABA COLONY, COIM BATORE· 641 011.

e) 0 4 2 2 · 4 3 856 7 3 , 2446673

@ '.:' 8 4 2 2 9 667 3 . 9 8 428 96673

For Anbara su & Jalapathi

Chartered Accountants

Firm Registration No.: 010795S

S. Anbarasu

Partner

Membership No .. 212299

UDIN : /4 2 1 2. 2. '14/tAA/t6J....6o4/

@ 397 /3, MYSORE TRUNK ROAD ,

SATHYAMANGALAM · 638 402.

ii':! IN FO @ANBUJALA .C A

e) 04295 · 222673 @) WWW.ANBUJALA.CA

___,

LOTUS EYE HOSPITAL AND INSTITUTE LIMITED

(FORMERLY LOTUS EYE CARE HOSPITAL LIMITED)

CIN:L85110TZ1997PLC007783

REGISTERED OFFI CE: 770/12, A VIN ASH I ROA D, AERODROME POST, COIMBATORE 641 014

PHONE NO.: 0422-4229900, 4229999, FAX: 0422-4229933, E-MAIL: info@lotuseye.org, WEBSITE: www.lotuseye.org

STATEMENT OF UN AUDITED FINANCIAL RESULTS FOR T HE HALF YEAR/QUART ER ENDED SEPTEMB ER 30, 2019

(Rs. In Lakhs)

Quarter Ended Half Year Ended Year Ended S. No. Particu Jars 30-09-2019 30-06-2019 30-09-2018 30-09-2019 30-09-2018 31-0J-2019

(Un-audited) (Un-audited) (Un-audited) (Un-audited) (Un-audi ted) (Audited)

I. Reven ue from opera tions 1,059.32 1,175.98 919.67 2,235.31 1,932.73 3,8-l2.51

IL Other Income 26.78 22.68 17.68 49.46 37.66 67.76

UL Total Income (I+II) 1,086.11 1,198.66 937.35 2,284.77 1,970.39 3,910.28

IY . E!£enses:

(a) Cost of materia ls consumed 141.60 153.05 119.58 294.65 252.56 ➔99.05

(b) Purchase of Stock-in-Trad e 157.11 165.84 158.75 322.95 314.03 617.63

(c) Sen ,ice Expenses 167.90 177.23 157.43 345.13 326.09 658.56

(d) Changes in invento1ies of Finished Goods, W.1.P. & Stock-in-trade 4.59 (6.61) (0.84) (2.02) (3.90) (3. 2➔)

(e) Employee Benefit Expense 220.73 227.57 229.02 448.30 456.25 937.76

(f) Finance Costs 0.85 1.31 1.54 2.16 3.29 6. -l-➔

(g) Depreciation and Amortiza tion Expense 62.04 55.57 76.37 117.61 151.54 105.88

(h) Other Expenses 205.30 256.91 191.82 462.21 413.87 825.37

Total Expenses (TV) 960.12 1,030.87 933.68 1,990.99 1,913.72 3,847.43

V. Profit/(Loss) Before Exceptional items and tax (III-IV) 125.99 167.79 3.68 293.78 56.67 62.85

VJ. Exceptional Items 0.02 (33.30) - (33.28) (0.06)

vu. Profit/(Loss) Before Tax (V+VI) 126.01 134.49 3.68 260.50 56.67 62.79

VIII. Tax Expenses

(a) Current tax 41.59 35.72 1.04 77.31 12.19 12.93

(b) Deferred tax (1 .46) (0.25) (1.97) (1.71) (15.18) (20.95)

40.14 35.46 (0.93) 75 .60 (2.99) (8.02)

IX Net Profit/(Loss) for the period 85.87 99.03 4.61 184.90 59.66 70.81

itJ)

I

(Rs. In Lakhs)

I Quarter Ended Half Year Ended Year Ended

S. No. Particulars 30-09-2019 30-06-2019 30-09-2018 30-09-2019 30-09-2018 31-03-2019

(Un-audited) (Un-audited) (Un-audited) (Un-audited) (Un-audited) (Audited)

>.... Other Com.prehensive Income, net of income tax

. .\. Items that " ·ill no t be reclassified to Profit or Loss - -

- Remeasurement of post -employment defined ~efit plans 0.90 0.90 1.63 l .80 326 3.50

- !n.:ome tax on the above item (0.25) (0.25) (0.45) (0.50) (0.90) (1.05)

B. items that will be reclassified to Profit or Loss - -Total Other Comprehensive Income, net of income tax (X) 0.65 0.65 1.1 7 1.30 2.34 2.45

XL Total Comprehensive Income for the period (IX+ X) 5.78 186.20 62.00 73.26 86.52 99.68

XII. Paid-up equity share capital (Face value of Rs. 10/-each) 2,079.63 2,079.63 2,079.63 2,079.63 2,079.63 2,079.63

X1lL Earning per equity share: (of Rs. 10/-) (Not annualised) :

(1) Basic 0.41 0.48 0.02 0.89 0.29 0.33

(2) Diluted 0.41 0.48 0.02 0.89 0.29 0.33

.l\otes:

1 The above results have been reviewed by Audit Committee and approved by the Board of Di.rectors at their meeting held on November 1-l, 2019. Limited Rev iew of tJ1e a bove results has been carried out by Statutory Auditors of ilie Company.

2 Exceptional items represents the profit / (loss) on sale of fixed assets

3 Figures of the previous period have been regrouped and reclassified to confirm to the classification of cw-rent period, wherever necessary. ,,

Coimbatore,

November 14, 2019.

{0A--1 Managing Director

•

r--------- - ----- -I O t ll~ I YI ll<l~ l'll 1\I i\ N l l l N .., llll l ll ll M IIII > ~1

Cl N :l ll 'l 11 ll 1 /1 ,)071' 1 ( Otl77H)

REC l 5Tl·RFn OFFl('J,; 770/ 12. AV INA~ ll I IH )i\ I ). A l ·H( \I ) I(( i rv11 )'() ", I , ( OIM II/\ I Ol{ I M I \) 14

PH ONE NO .: 04 22-4221NOI\ , 41.2\l•N'l , I·/\ \ : O<I V ,0 2•111\,\ , I Mt\ 11 • l11 t o\1,lotf11~,•yv ,1, ~ •. WI f! ', f 11 WWW lnf11•vy1• .r,r ~

~l 1\rl l\ ll N l'1H ,\ ~~, I l ",/\NIIIIAl\lllfll ", 1\ ~ () N •, 11 •1t M lll l( 10, 70 1'1

r--- ------l '<wl k 11l.u , 1\ , ,,t 'w p tr 111h1•1 10, 10 1'1

II· In I ,,~ h i

A~ ~l M,,r, h ,1 , 21t1'1

ASSFl'S N0n-(J l.fl\'nl A~~,j_~

\·' ' 1'1\')',' ' I\ 1'1.ml .md Fq11il'nwn1 1I•\ 1..- .,,,11 .11 w,,rJ.. 111 pn,srr~~ \' ) \111,11,r~ibk As.~,•b

\d ) Fmancial Asset~

1) O thl" rs

(e) Deterred Til '\ Asst' l (Nel)

Total Non-Curren\ Assets (A)

·l,2424 il

28.(,'i

25.l')

4,296.52

5,, _77

100.89

4,931 .17

\, ' '1 111)

21', 1,j

1'1 72 ----4,1142.97

~1'2 111

100(]2

5,005 .80 t--------------i---------------1

Current Assets

(,,) lnvent01ies

(b) Financial Asse ts

i) Trade receivables

ii) Cash and cash equivalents

243 .08

11 6.63

(88.84)

iii) B,rnk ba lr1 nces 0 ther than (ii) above 608 .23

(c) O ther cunenl assets

Total Assets (A+ B)

EQUITY AND LIABILITIES

.fu!!.!!Y (a) Eq uity Share Capital

(b) O the r Equ ity

Liabilities

Non-current Liabilities

(a) Pr0visions

92.52

971.62 Total Current Assets (B) f-------------+----

5,902.80

2,079.63

3,118.85

5,198.48 Total Equity (C) ,__ ________ ___,,__ __

59.08

215 >-I

76.36

(2265)

281.91

107.99

659.16

5,664.96

2,079.63

2,932 . l ➔

5,011.77

5-l.88

Total Non-current liabilities (D) f-------------+------------l 59.08 54.88

Currenl Liabiliti es

(a) Financir1 I Li ;i bili~i es

i) Trade po:1 yJbles

ii) Borrowings

ii i) Other financial liabilities

(b) Provisions

(c) Other current li abil ities

388.96

-

1 5.➔6

176.79

64.0-l

645,24 Total Current liabilities (E) >-----------+-----Tol a! Li abiliti es (D + E) 704.32

T nl,il Eq uit y and Liabilities (C+ D + E) 5,902.80

305.09

9.16

17A5

206.66

59.95

598.31

653.19

5,664.96

)Ji

LOTUS ! •: YE IIOSl'IT/\1. /\ND INSTITUTl i LIM ITl!D

Cl N:L85'1J0TZ19971'1 .C'00778.3 REGISTERED OFFI CE: 770/1 2, AVINA S III 1{O /\D, Al •:RODHOMl i POST, COIMBATORE 641 014

PHONE NO.: 0422-4229900, 4229999, FAX: 0422-4 229'f 13, l•:-MAIJ .: lnfo@loht l'l l!yc.m g, Wl :llS ITLi:www.lotuseye.org

C ASH FLOW STATEM l iNT Hm T l Ill 1'1 (1{101) l:NIJl ilJ t-11: l'Tl•:MBl•:H JO, 20 19

P.1rt ic11l,ll's

CASH Fl OW FROM OPEIV\TlNG ACTI VITI ES Profi t/ L~1ss Befo re r.1, clt1d E, reptional item ADJUSTMENTS FOR:-Depreci:1tion nnd Amortisation

Income on lnveshnents & other Receip ts

Profit / (Loss) 0 11 sc1 le of Property, Pla nt & Equipment Bad Debts ,md Prov ision fo r Doubtfu l Debt Finance Cos ts

Operating profit before working capital changes

CHANGES IN WORKING CAPITAL In ventories Trade Receiva bles Other Current Asse ts

Non Current Financial & O the r Assests Trade Payables Non-Current Provisions

O tlier Current Financial & Other Liabilities Cash Generated From Operating Activities Taxes Pa id

Net Cash Generated from / (Used In) Operating Activities

CASH FLOW FROM INVESTMEN T ACTIVITIES Purchase of Property, Plant & Equipment Sales/ Disp osal of Property, Plant & Equipment Interes t & Other Income Received

/ Net Cash Generated from / (Us ed In) Investing Activities

I CASH FLOW FROM FINANCING ACTIVITIES

Finance Costs

Long Term Borrowings - Rep aym ents Dividend paid

Net Cash From/ (Used In) Financing Activities

(Jncrease)/ Decrease In Cash and Cash Equivalents

Cash and Cash Eq uiva len ts a t the Beginning of the Yea r

Cash and Cash Equi va lents at the End of the Year

Cash on Han J

3aJance With Banks

(Rs. fn Lakhs) 11 11 1( yen ; ended Yea r ended

Scp lc 111bc r 30, 2019 -~ M11 rch 31, 201 9

29.1.79

Jl 7.61 (49.46) (33.29)

6.00 2.16

336.81

(27.54) (46.27) 15.46

(70.11) 83.87 6.00

(36.94) 261.27 77.31

183.96

(68.24) 97.08 49.46 78.31

(2.16) --

(2.16)

260.11 259.28 519.39 10.69

508.70

62.84

305.88 (67.76)

(0.05) 6.00 6.44

313.34

23.36 31.32

(32.95) 190.14 (86.99)

7.74 (1 3.22)

432.73 12.93

419.81

(468.54)

67.76 (400.78)

(6.44) (9.40)

(125.15) (140.99)

(121.96) 381 .24 259.28

9.73

249.55

~