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Learn MoreCOMPILER’S NOTE
Given below are relevant extracts from the financial statements and related disclosures for a company wherein auditors issued a qualified opinion in a situation when during the course of inventory verification huge discrepancies were noticed and investigation ordered thereon. In terms of Ind AS 8, a restatement of the financial statements was also carried out.
RAMKRISHNA FORGINGS LTD (YEAR ENDED 31ST MARCH 2025)
FROM NOTES TO STANDALONE FINANCIAL STATEMENTS:
Note 26: Cost of materials consumed
For the year ended March 31, 2025 (in ` Lakhs) | For the year ended March 31, 2024 (Restated) (Refer note 47 & 52) (in ` Lakhs) | |
Inventories at the beginning of the year (Refer note 14 & 47) | 19,293.37 | 17,549.76 |
Additions pursuant to Amalgamation (Refer note 52) | - | 96.16 |