Rollatainers Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2018

Notes to financial results:


1. The above results were reviewed by the Audit Committee and have been taken on record in the meeting of Board of Directors held on 13-06-2018.



2. This statement has been prepared in accordance with Companeis (Indian Accounting Standard) Rules, 2015 (amended) as prescribed under section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable and in terms of SEBI circular no. CIR/CFD/FAC/62/2016 DATED 05th july, 2016. Begining April 1 2017,, the Company has for the first time adopted Ind AS with a transition date April 1,2016.



3. The Ind AS compliant financial results pertaining period quarter and year ended March 31, 2017 has not been subjected to any limited review. However, the Management has excercised necessary due deligence to ensure that the financial results provide the true and fair view of its affairs.



4. During the year, company has shown net income under the head Exceptional Items of Rs. 219 Lakhs. This includes items as under:



Profit on Sale of Fixed Assets 3353 Lacs

Loss on Sale Of Investments  (1369) Lacs

Bad Debts        (1765) lacs



5. Previous year figures have been regrouped and rearranged wherever necessary to make them comparable with those of current year.



6. The figures for the quarter ended 31 st March, 2018 and 31 st March 2017 are the balancing figures between the audited figures in respect of the full financial year and the unaudited published figure upto nine months of the relevant financial year.



7. The Consolidated Financial Statements Include Financial Statements of the subsidiaries RT Packaging Ltd, Boutonniere Hospitality Pvt Ltd and JV Rollatainers Toyo Machines Ltd