Calcom Vision 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 results were reviewed by the Statutory Auditors, Audit Committee and approved by the Board of Directors at its meeting held on 27th May, 2017.
2. The Company is engaged in the electronic segment & there is no other segment to report.
3. The figures for the quarter ended 31st March, 2017 are the balancing figures between the audited figures in respect of the full financial year ended 31st March, 2017 and the published year to date figures upto the third quarter of current financial year ended 31st December, 2016.
4. Comparative figures have been regrouped / rearranged wherever necessary.
5. The Company is not having any taxable profits, so no provision has been made for deferred tax as per AS-22.
6. The Company has purchased Lighting Electronics business on 31.03.2017 from Calcom Electronics Limited for a consideration of Rs. 725 Lacs.