Interlink Petroleum Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2018
Auditor and Management Disclosures and Notes for the quarterly results dated 30 Jun 2018
1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 9th August, 2018.
2. The above results are in accordance with the Indian Accounting Standards ('Ind AS') as prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India.
3. Consequent to the waiver of Interest on ECB by the Promoter, no interest has been provided on ECB for the period from 1st April, 2018 to 30th June, 2018.
4. Effective 1 April, 2018, the company has adopted Ind AS 115 "Revenue from Contracts with Customers". The effect of adoption on Ind AS 115 is insignificant on these financial results.