Nilkanth Engineering Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2025
Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2025
1. These Standalone Financial Results for the Quarter / year ended 31st March, 2025 have been reviewed by the Audit Committee and subsequently approved at the meeting of the Board of Directors held on 28th May, 2025.
2. This statement has been prepared in accordance with Companies (India Accounting Standards) Rules, 2015 (Ind AS), prescribed under section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable.
3. The Company operates mainly in the business segment of fund based leasing & financing activity. All other activities revolve around the main business. Further all activites are carried out within India. As such there are no separately reportable segments as per the provisions of Ind AS 108 on 'Operating Segments'.
4. The Statutory Auditors of the Company have carried out an audit of the above results for the year ended 31st March, 2025 and have issued un-modified opinion on the same.
5. The figures for the quarter ended 31st March, 2025 and 31st March, 2024 are the balancing figures between audited figures in respect of full financial year and unaudited published year to date figures upto nine months ended December 31, 2024 and December 31, 2023 which were subject to limited review.