DSJ Keep Learning Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2020
Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2020
1. The above Audited Financial Results were reviewed by the Audit Committee and approved by the Board of Directors at their Meetings held though electronic mode on Friday 31st July, 2020.
2. The Company has only one reportable segment as per Ind AS 108 -Operating Segments.
3. The figures for the quarter ended 31st March, 2020 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the respective financial year.
4. The outbreak of Coronavirus (Covide 19) pandemic is causing disruption and slowdown of economic activities across the world and impacting the operation of the business. On 24th March, 2020 Government of India ordered nationwide lock down initially for 21 days which further extended from time to time till 3rd May 2020 to prevent community spread of Covid 19. Due to implementation of lock down in March 2020 the company lost sizeable revenue. The management has performed detailed assessment its liquidity position and recoverbility position of assets as on Balance Sheet date and has concluded that based on current indicators of the future economic condition there is no impact on carring value of the current assets. In evaluating the possible impact due to Covid 19 the company has used internal and external sources of information available till date. Considering the nature of Covid 19, the company will closely monitor any material changes to future economic conditions impact of its business, if any.
5. The previous year's/period figures have been regrouped/rearranged wherever necessary to make them comparable.
6. The above Results is available on the website of the Company i.e. www.dsjcommunication.com and on the websites of the Stock Exchanges i.e. BSE Ltd. (www.bseindia.com) and National Stock Exchange of India Ltd. (www.nseindia.com).