Suraj 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 Un-Audited Financial Results for the Quarter ended December 31, 2018, were reviewed by the Audit Committee and approved by the Board of Directors in their respective Meetings held on January 12, 2019.
2. Limited Review of the unaudited financial results for the Quarter ended December 31, 2018 has been carried out by the statutory auditors.
3. Effective July 01, 2017, revenue from operations is presented net of taxes and duties, upon implementation of Goods and Service Tax Act. Hence the results for the nine months ended on December 31, 2018 and December 31, 2017are not comparable.
4. The Company operates in namely manufacturing Stainless Steel Seamless Pipes & Tubes business which is the only reportable segment in accordance with the requirements of Ind-AS 108 "Operating Segments".
5. The figures of previous quarters / half year / year have been regrouped / reclassified, wherever necessary.
