Brightcom Group Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2018
Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2018
1.The Company adopted Indian Accounting Standards (Ind AS) from 1st April , 2016 with transition date of 1st April, 2015 and accordingly these financial results have been prepared In accordance with the recognition and measurement principles laid down in Indian Accounting Standards as prescribed under section 133 of Companies Act, 2013, read with relevant rules issued and other accounting principles generally accepted in India, as applicable.
2. The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company at their meeting held on 29th May, 2018.
3. The figures for the previous period/year have been regrouped/reclassified, wherever necessary.
4. The Company operates in two segments i.e. Digital Marketing and Software Development.
M. Suresh Kumar Reddy Chairman and Managing Director