STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2018
(Rs. In Lacs except earning per share data)
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NOTES:- |
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1.The above un-audited financial results were reviewed by the Audit Committee and were taken on record and approved by the Board of Directors in their meeting held on 14th February, 2019. |
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2.The statutory auditors of the company have conducted limited review of these financial results, pursuants to Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015. |
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3.The Statements of Financial Results has been prepared in accordance with the Companies (Indian Accounting Standards Rules 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. |
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4.After implementation of the Goods & Service Tax (GST) with effect from 1st July 2017, Revenue from operations is required to be disclosed Net of GST in accordance with the requirements of Ind AS. Accordingly, the revenue from operations for the nine months ended 31st December, 2018 are not comparable with corresponding previous nine months and year presented in the financial results which are reported inclusive of excise duty for part of the year i.e. upto June 2017. |
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5. Ind AS 115 Revenue from Contracts with Customers, mandatory for reporting periods beginning on or after April 1, 2018, replaces existing revenue recognition requirements. Under the modified retrospective approach there were no significant adjustments required to the retained earnings at April 1, 2018. Also, the application of Ind AS 115 did not have any significant impact on recognition and measurement of revenue and related items in the financial results. |
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6. The Figure for the quarter ended December 31, 2018 are balancing figures between unaudited figures in respect of nine months ended December 31, 2018 and the published year to date figures upto the half year ended on September 30, 2018. |
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7. Figures of the previous period have been regrouped and rearranged wherever necessary to correspond with current period's classification/disclosure. |
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For and on behalf of the BOARD
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Date: 14.02.2019
Place - Unnao |
Mukhtarul Amin
(Chairman and Managing Director)
DIN - 12108 |
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