Consecutive Commodities Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2019
Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2019
1. The financial results for the quarter ended March 31, 2019 and March 31, 2018 are the balancing figures between audited results in respect of the full financial year and the published year to date figures of the third quarter of the respective financial years.
2. The financial results for the quarter and year ended March 31, 2019 have been reviewed by Audit Committee and approved by the Board of Director at their respective meeting held on May 21, 2019.
3. The financial results are extracted from Audited Standalone Financial Statements, which are prepared in accordance with the Companies (Indian Accounting Standards) Rule, 2015, (as amended) Ind As prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder.
4. Segment reporting as defined in Accounting Standard (AS-17) is not applicable since the entire operation of the company relates to only one segment.
5. Tax expenses includes Current Tax Expenses, MAT Credit and Deferred Tax Charge/ (Credit).
6. The figures for the previous periods have been regrouped/rearranged, wherever necessary.