Talbros Engineering Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2020

Notes:



1. The above audited standaalone financial results for the quarter and year ended March 31, 2020 have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on June 23, 2020. The Statutory Auditors of the Company have expressed an unmodified audit opinion.



2. These results have been prepared on the basis of audited standalone financial statements, which are prepapred in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 and notified by the Ministry of Corporate Affairs under the Companies (Indian Accounting Standards) Rules, 2015 (as amended).



3. Exceptional items comprises of write off of advance made by Company for import of machinery.



4. Figures for the quarter ended March 31, 2020 and March 31, 2019 as reported in these financial results, are the balancing figures between audited figures in respect of relevant full financial years and the reviewed year to date figures upto the end of the third quarter of the respective fianncial years.



5. The figures of the corresponding quarter has been regrouped/reclassifed, wherever necessary to confirm to current quarter's classification.



6. The above results of the Company are available on the Company's website www.talbrosaxles.com and also on www.bseindia.com.