Financial Year: 2024
Haribhakti & Co. LLP, Chartered Accountants, issued an independent auditor's report to the Board of Directors of Mohan Meakin Limited concerning the audit of the annual financial results for the year ended March 31, 2024.
Opinion
The auditors state that the financial results comply with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. They also provide a true and fair view of the net profit, other comprehensive income, and financial information according to Indian accounting standards and principles generally accepted in India.
Basis for Opinion
The audit was conducted based on the Standards on Auditing (SAs) specified under Section 143(10) of the Companies Act, 2013. The auditors affirm their independence and fulfillment of ethical responsibilities as per the Institute of Chartered Accountants of India (ICAI)'s Code of Ethics. The audit evidence obtained was deemed sufficient for the opinion provided.
Management's and Board of Directors' Responsibilities
Management and the Board of Directors are responsible for preparing the Statement based on annual financial statements, presenting a true and fair view of net profit, other comprehensive income, and financial information, adhering to Indian Accounting Standards and Regulation 33. Their responsibilities include maintaining adequate accounting records, safeguarding assets, preventing fraud, applying appropriate accounting policies, and maintaining adequate internal financial controls.
Auditor's Responsibilities
The auditor's objectives are to obtain reasonable assurance that the Statement is free from material misstatement, whether due to fraud or error, and to issue an auditor's report including their opinion. The audit involves professional judgment and skepticism, including identifying and assessing risks of material misstatement, designing audit procedures, obtaining sufficient evidence, understanding internal control, evaluating accounting policies and estimates, and assessing the going concern basis. They also evaluate the presentation and content of the Statement. The audit report will also address internal financial controls.
Other Matters
The Statement includes results for the quarter ended March 31, 2024, which are the balancing figures between audited figures for the full financial year and published unaudited year-to-date figures up to the third quarter. The unaudited figures were subject to a limited review.
Financial Results (Year Ended March 31, 2024)
Assets and Liabilities (as of March 31, 2024)
Cash Flow Statement (Year Ended March 31, 2024)
Segment Reporting (Year Ended March 31, 2024)
Other Key Points
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