PTC INDIA FINANCIAL SERVICES LTD (31ST MARCH, 2022) (REPORT DATED 16TH NOVEMBER, 2022 FROM AUDITORS’ REPORT
Qualified Opinion
We have audited the standalone financial statements of PTC India Financial Services Ltd (“the Company”), which comprise the Balance Sheet as on 31st March, 2022, and the Statement of Profit and Loss, Statement of Changes in Equity and Statement of Cash Flows for the year then ended, and notes to the standalone financial statements, including a summary of significant accounting policies and other explanatory information.
In our opinion and to the best of our information and according to the explanations given to us, except for the possible effect of the matters described in the Basis for Qualified Opinion section of our report, the aforesaid standalone financial statements give the information required by the Companies Act, 2013 (“the Act”) in the manner so required and give a true and fair view in conformity with the Indian Accounting Standards prescribed under section 133 of the Act read with Companies (Indian Accounting Standards) Rules, 2015 as amended and other accounting principles generally accepted in India, of the state of affairs of the Company as at 31st March, 2022, and its total comprehensive income (comprising of profits and other comprehensive income), changes in equity and its cash flows for the year ended on that date.
Basis for Qualified OpinionRead More
