OPERATING STATEMENT (Rs.

in Crore)

Borrower's Name : PHOX INDIA EQUIPMENTS PRIVATE LIMITED

As per profit and Loss A/c

for the year ending 31.03.24 31.03.25 31.03.26
Following Following Following
year year year
Estimated Projected Projected

a. Gross Sales
b. Jobwork
1. Total Sales 6.36 7.31 9.66

2. Less : Excise duty

Net Sales 6.36 7.31 9.66

3. Cost of Sales :
a. Raw Materials
(incl.stores)
- imported

- indigenous 3.58 4.12 4.53

b. Other spares
c.Power & Fuel 0.36 0.40 0.44
d. Direct labour 0.65 0.72 0.79
e. Other Manufacturing Exp. (Freight, 0.35 0.39 0.42
Jobwork Charges, EPF & ESI )
f. Depreciation 0.95 0.71 0.55

Sub Total : 5.89 6.32 6.72

Add : Opening Stocks-in-process 1.36 2.33 3.65

Sub Total : 7.25 8.65 10.37
Deduct : Closing Stock-in-process 2.33 3.23 4.25

(Cost of Production )Sub Total 4.92 5.42 6.12

Add : Opening Stocks of Finished Goods 4.89 4.34 4.88

Sub Total : 9.81 9.76 11.00

Borrower's Name : PHOX INDIA EQUIPMENTS PRIVATE LIMITED

As per profit and Loss A/c

for the year ending 31.03.24 31.03.25 31.03.26

Deduct : Closing Stock of finished goods 4.34 4.88 6.02

Sub Total : 5.47 4.88 4.98

(TOTAL COST OF SALES ) 5.47 4.88 4.98

5. Gross profit ( 3- 4 ) 0.89 2.43 4.68

6. Interest --On Term Loan 0.12 1.16 3.11

On CC Limit 0.30 0.76 1.00
7. Selling, General & Administrative Expenses. 0.36 0.40 0.44

Sub Total ( 6 + 7 ) 0.78 2.32 4.55

8. Operating Profit ( 5-( 6 + 7 ) ) 0.11 0.12 0.13

9. Other Income/Expenses
Add : Income
Deduct : Expenses 0.00 0.00 0.00
Sub Total (+) (-) 0.00 0.00 0.00

10 Profit before tax/ loss ( 8 + 9 ) 0.11 0.12 0.13

Less : Provision for Development Rebate/

Investment Allowance
Less : Provision for Taxes 0.00 0.00 0.00
Provision for Divid.

Sub Total 0.00 0.00 0.00

11 Net Profit 0.11 0.12 0.13

Gross Profit as a percent of Sales 13.99 33.24 48.40

Net Profit Before tax as a % of Sales 1.73 1.57 1.34