PCS Technology Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2017
Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2017
1. The above audited financial results after being reviewed by the Audit committee were approved by the Board of Directors in their meeting held on 17th May 2017.
2. The figures of the last quarter are the balancing figures in respect of full financial year and to date figures upto third quarter of the current financial year.
3. The Company is primary engaged in computers and related softwares & IT services. As the basic nature of these activities are governed by same set of operating procedures, as such it is the only reportable business segment.
4. The Consolidated Financial Results have been prepared in accordance with principles of Accounting Standard 21 on "Consolidated Financial Statements'* as specified by ICAI & The Companies Act 2013.
5. The Statutory Auditors of the Company have carried out the audit and have issued their unmodified opinion on the financial statements.
6. Figures of the previous periods have been regrouped / rearranged wherever necessary to make them comparable with current period's classification.