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Manorama Industries Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2023

Auditor and Management Disclosures and Notes for the quarterly results dated 30 Jun 2023

NOTES:

1.The Unaudited Financial Results of the company for the quarter ended 30th June, 2023 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 5th August 2023 and the limited review of the same has been carried out by the Statutory Auditors of the company.

2. These results have 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 recognized accounting practices and policies to the extent applicable.

3. The Company's only identifiable reportable Business segment is Manufacturing of Exotic Seed based Fats and Butters including Cocoa 3 Butter Equivalent (CBE). Further, the Company operates and controls its business activities within/from India, except export of goods. Hence the company is having single reporting segment under Indian Accounting Standard -108 "Segment Information" (IND AS-108).

4. Other expenses includes 0.29 crores incurred towards Research and Development Expenditure.

5. The figures for the corresponding previous periods have been regrouped/rearranged wherever found necessary.

6. The results are also available on www.manoramagroup.co.in, www.bseindia.com and www.nseindia.com.