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October 2025

From Published Accounts

By Himanshu Kishnadwala, Chartered Accountant
Reading Time 8 mins

COMPILER’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

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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