Uttam Value Steels Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2017
Auditor and Management Disclosures and Notes for the quarterly results dated 30 Jun 2017
1. The above results were reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors of the Company at their meeting held on 21st July, 2017.
2. Result for the quarter ended 30.06.2017 are in Compliance with Ind-AS. Consequently results for the corresponding quarter ended 30.06.2016 has been restated to comply with Ind-AS to make them comparable. Total Comprehensive Income represents revaluation of land net of deferred tax liability.
3. Previous period figures has been regrouped/reclassified wherever necessary.
4. Since the Company has a single segment, segment wise reporting is not applicable according to AS-17.