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BSE Mumbai Bourse: Results from Kaveri Seed for Apr 01 to Jun 30

27 Aug 2017 6:43 am
Scrip_cd:                                                      532899 
Audited:                                                       Un-Audited 
Result Type:                                                   Q 
Date Begin:                                                    01-Apr-17 
Date End:                                                      30-Jun-17 
#                                                              (Rs Millions) 
Net Sales:                                                     5905.59 
Other Income:                                                  42.87 
Total Income:                                                  5948.46 
Expenditure:                                                   -3902.23 
Profit after Interest but before Exceptional Items:            2046.23 
Exceptional Item:                                              0.00 
Profit (+)/ Loss (-) from Ordinary Activities before Tax:      2046.23 
Tax:                                                           -22.46 
Net Profit (+)/ Loss (-) from Ordinary Activities after Tax:   2023.77 
Net Profit:                                                    2023.77 
EPS (in Rs):                                                   - 

1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company in their meeting held on August 8, 2017.

2. The company is in the business of seeds and there are no other reportable segments under Ind A5 108 "Operating Segments".

3. Fair valuation for Financial Assets; The Company has valued financial assets (other than investment In subsidiaries which are accounted at cost), at fair value. Impact of fair value changes as on the date of transition, is recognised In opening reserves and changes thereafter are recognised in Other Comprehensive Income.

4. The Statutory Auditors have carried out a limited review of the above financial results.

5. The Company would be consolidating and presenting Its Consolidated financial statements at the end of the financial year i.e 31st March 2018.

6. The figures of the previous period are reclassified/regrouped where ever required.

G V Bhaskar Rao

Managing Director

(END) Dow Jones Newswires

August 27, 2017 02:43 ET (06:43 GMT)
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