Advent Computer Services Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2020
Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2020
1. The above results were reviewed by the Audit Committee and approved by the Board of Directors at its adjourned meeting held on 16th February, 2021.
2. The Statutory Auditors of the Company have carried out "Limited Review" of the financial results for the quarter and nine months ended 31st December, 2020.
3. Results for the current reported quarter and nine months ended 31st December, 2020 are in compliance with Indian Accounting Standards (IND AS) prescribed under Section 133 of the Companies Act, 2013 read with relevant rules thereunder and in terms of Regulation 33 of SEBl (LODR), Regulations, 2015.
4. The Company operates only in one business segment.
5. The figures for the previous period have been regrouped / rearranged wherever considered necessary. Expenditure incurred during the preceding quarters against which invoices received during the relevant quarter are accounted as expense in the relevant quarter.