BACK TO FUNDAMENTALS

Elegant Marbles & Grani Industries Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018

Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2018

1. EPS calculated w.r.t. Serial No. 21.



2. The above standalone unaudited financial results of the Company have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on February 05, 2019.



3.The Statutory Auditors of the Company have conducted a Limited Review of the above financial results for the quarter and nine months ended December 31, 2018 and have expressed an unmodified audit opinion on these results.



4.The financial results of the Company have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015, prescribed under Section 133 of the Companies Act, 2013, and other recognised accounting practices and policies to the extent applicable.



5.Effective April 1, 2018, the Company has adopted IND AS 115. The adoption of the standard did not have any impact on the retained earnings of the Company as at April 01, 2018 and its financial results for the quarter and nine months ended December 31, 2018.



6.Provision for Deferred Tax shall be made at the end of the financial year.



7.Figures of the corresponding previous period have been regrouped, rearranged wherever necessary to conform to the classification of the current period.



8.The Company has only one reportable segment.



9.The results for the quarter and nine months ended December 31, 2018 are available on the BSE Limited website at www.bseindia.com/corporates and on the Company’s website at www.elegantmarbles.com.