Salasar Techno Engineering 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 above audited Standalone Financial Results have been reviewed and recommended by the Audit Committee on 28-May-2019 and approved and taken on record by Board of Directors in their meeting held on 28-May-2019. These results have been audited by the statutory auditors of the Company.
2. The audited Standalone Financial Results for the quarter and year ended March 31, 2019 have been taken on record by the Board of Directors at its meeting held on 28-May-2019. The financial statements are prepared in accordance with the Indian Accounting Standards(IND AS) as prescribed under Section 133 of the Companies Act read with rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016.
3. In accordance with the requirements of Ind AS 18, Revenue from Operations is shown net of Goods and Service Tax (GST). Accordingly, Revenue from Operations for the year ended March 31, 2019 are not comparable with the previous periods presented in the results.
4. The Company is engaged in Manufacturing of Galvanized and Non-galvanized Steel Structures.
5. Figures for the previous periods have been regrouped, wherever necessary, to confirm to the current period's classification.