Paushak 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 results were reviewed by the Statutory Auditors, recommended by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on 31st January, 2019.
2. Revenue from Operations for the nine months ended 31st December, 2018 are not comparable with the corresponding period of the previous financial year, since sales for the period after 1st July, 2017 are net of Goods and Services Tax (GST), whereas, Excise Duty formed part of the Sales and Other expenses upto 30th June, 2017.
3. The Company is engaged in the business of Speciality Chemicals only and therefore, there is only one reportable segment.
4.The previous quarters'/years' figures have been regrouped/rearranged wherever necessary to make it comparable with the current quarter/period.