99 / 140
97
Notes
to financial statements
(
`
cr)
Particulars
For the period
August 18, 2011
to March 31, 2012
As at
March 31, 2011
Expenses
Cost of materials consumed
1.67
-
Purchase of stock-in-trade
-
-
Changes in inventories of finished goods, work-in-progress and
stock-in-trade
0.04
-
Employee benefit expenses
0.17
-
Finance costs
0.04
-
Depreciation and amortisation expenses
0.09
-
Other expenses
0.91
-
2.92
-
Profit Before Tax
(0.10)
-
Tax expense
Current tax
0.02
Deferred tax
0.02
0.04
-
Net loss for the period
(0.14)
-
As per our attached report of even date
For and on behalf of the Board of Directors
For Dalal & Shah
Firm Registration No. 102020W
Sunil S Lalbhai
Chartered Accountants
Chairman & Managing Director
G S Patel
S S Baijal
B S Mehta
H S Shah
S Venkatesh
S M Datta
Partner
R A Shah
Samveg A Lalbhai
Membership No. F-037942
T R Gopi Kannan
V S Rangan
Managing Director
Mumbai
President, Finance &
B N Mohanan
Mumbai
May 15, 2012
Company Secretary
Directors
May 15, 2012
NOTE 27.14 NON-CURRENT INVESTMENTS
In the opinion of the Management, the diminution in the value of any of the investment as shown in Note 12, held
by the Company is temporary in nature and accordingly, no provision is considered necessary by the Management.
NOTE 27.15 REGROUPED | RECAST | RECLASSIFIED
The financial statements for the year ended March 31, 2011 were prepared as per the applicable, pre-revised
Schedule VI to the Companies Act, 1956. Consequent to the notification of Revised Schedule VI under the Companies
Act, 1956, the financial statements for the year ended March 31, 2012 are prepared as per Revised Schedule VI.
Accordingly, previous year figures have also been restated to conform to classification as per current year.
NOTE 27.16 ROUNDING OFF
Figures less than
`
50,000 has been shown at actual in bracket.