Kabra Extrusion Technik Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018
Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2018
1. The above Results have been reviewed and recommended by the Audit Committee & approved by the Board of Directors at its Meeting held on 31st January 2019.
2. Revenue from operations for nine months ended 31st December, 2018 is not comparable with nine months ended 31st December, 2017 since current nine months ended 31st December, 2018 is net of GST. whereas previous period revenue is inclusive of excise duty. Revenue from operations excluding excise is as below: For Table, kindly refer Corporate Announcements on www.bseindia.com.
3. Provision for warranty will be ascertained at the end of Financial year.
4. The company operates in single segment, i.e. Plastic Extrusion Machinery and allied Equipment's
5. The Company would be consolidating and presenting its Consolidated Financial Statement at the end of the year (i.e. 31st March, 2019).
6. During the quarter ended 30th September, 2018, company has sold it's investment in Shares of BW-PTI Holdings Inc (erstwhile Gloucester Engineering Co. Inc). Impact of Gain/Loss) has been accounted in Other Income & OCI.