Prima Plastics 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. The above standalone financial results have been reviewed and recommended for adoption by the Audit Committee to the Board of Directors and have been approved by the Board of Directors of the company at their meeting held on January 29, 2019. The Statutory Auditors have carried out limited review of the above financial results.
2. The Company's business activity falls within a single operating segment i.e. "Plastic Articles".
3. Effective July 01, 2017, sales are recorded net of GST whereas earlier sales were recorded gross of excise duty which form part of expenses. Revenue from operations for the Nine months ended December 31, 2017 and year ended March 31, 2018 is presented inclusive of Excise Duty, where applicable the net revenue from operations (Net of GST/Excise Duty) as applicable are stated below: For Table, kindly refer Corporate Announcements on www.bseindia.com.
4. Previous Period's figures have been regrouped and reclassified wherever necessary.