Classic Electricals Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2021

1 The Company does not have different segments and hence segment wise reporting is not applicable to the Company.



2 Previous year's figures have been regrouped/rearranged wherever necessary.



3 The above financial results were reviewed by the Audit Committee and approved by Board of Directors of the Company at the meeting held on 30/06/2021



4 This statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.



5 This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable.



6 The Ind-AS compliant financial results for the quarter ended March 31, 2021 and March 31, 2020 have not been reviewed or audited by the Auditors and are balancing figures between the audited figures inrespect of full financial year and the year to date figures upto third quarter which was subject to limited review by Auditors. However, management have exercised necessary due deligance to ensure that the said financial results provide a true and fair view.



7 The Global spread of Covid-19 has led to an uncertain and unpredictable path ahead for all of us. Amidst the tumult of this unprecedented period, our priority has been to safeguard the health and well-being of our customers, employees and our communities while continuing our business operations. The operations have resumed with requisite precautions in place. The situation is continuously evolving, the impact assessed may be different from the estimates made as at the date of approval of these financial statements and management will continue to monitor any material changes arising due to the impact of this pandemic on financial and operational performance of the Company and take necessary measures to address the situation.