The Board of Directors approved these results at a meeting held on January 25, 2019, which commenced at 04:00 P.M. and concluded at 05:00 P.M.

Financial Results (Quarter Ended December 31, 2018 - Unaudited)

  • Income From Operations: ₹0.00
  • Other Income: ₹0.00
  • Total Expenses: ₹470,156.36
  • Comprised entirely of "Other expenses". All other expense line items (Cost of materials, Purchase of stock-in-trade, Changes in inventories, Employee benefits, Depreciation, Finance Cost) were ₹0.00 or not applicable.
  • Profit (Loss) before tax: (₹470,156.36)
  • Tax Expense: ₹0.00
  • Current Tax: ₹0.00
  • Deferred Tax: ₹0.00
  • Net profit /(Loss) for the period: (₹470,156.36)
  • Other Comprehensive Income: ₹0.00
  • Total Comprehensive Income: (₹470,156.36)
  • Paid-up equity share capital: ₹46,132,000.00 (Face Value of ₹10 per Share)
  • Earnings Per Share (EPS) - Basic: (₹0.01)
  • Earnings Per Share (EPS) - Diluted: (₹0.01)

Financial Results (Nine Months Ended December 31, 2018 - Unaudited)

  • Net profit /(Loss) for the period: (₹1,110,814.36)

Financial Results (Year Ended March 31, 2018 - Audited)

  • Net profit /(Loss) for the period: (₹197,556.00)

Key Notes and Disclosures

  • The company has adopted Indian Accounting Standards (Ind AS) for the financial year commencing from April 1, 2018. Accordingly, the statement has been prepared in compliance with Ind AS.
  • The statutory auditors, P.D. Agrawal & Co., Chartered Accountants, conducted a limited review of the unaudited financial results for the quarter/nine months ended December 31, 2018, in accordance with Standard on Review Engagement (SRE) 2410.
  • The auditors issued a report dated January 25, 2019, stating that based on their review, nothing had come to their attention causing them to believe the statement was not prepared in all material respects in accordance with Ind AS and SEBI Listing Regulations.
  • The auditors drew attention to Note 2 of the statement regarding the adoption of Ind AS. They also stated they were not engaged to review the comparative figures for the quarter ended December 2017, which were furnished by management.
  • The Audit Committee reviewed these results at a meeting held on February 14, 2018 [Note: This date appears to be a typographical error in the source, likely meaning February 14, 2019, given the board approval date], and the Board of Directors approved them at a meeting held on February 12, 2019.
  • Previous period figures have been restated as per Ind AS for comparability.
  • The financial impact of the reported loss is quantified in the disclosure.