Corporate Announcement
Security Code : 506109    Company : GENESYS    
 
Clarification - Financial ResultsDownload PDF Download XBRL
  Exchange Received Time  14/08/2018 20:32:40         Exchange Disseminated Time   14/08/2018 20:32:49              Time Taken   00:00:09
The Exchange is hereby informed that in the financial results as on March 31, 2018, finalized on May 30, 2018 and submitted to the stock exchanges on the same day, there was an inadvertent presentation error of an Ind-AS adjustment to the tune of Rs.413.34 lacs in the Standalone and Consolidated Statements of Assets and Liabilities as on March 31, 2017. The subject Ind-AS adjustment is compensatory in nature involving Financial Assets and Other Equity in the Statement of Assets and Liabilities as on March 31, 2017 and there is no impact of such adjustment either in the Standalone or Consolidated Statement of Profit and Loss and earnings per share as on March 31, 2018, as well as March 31, 2017, of the Company. The above error was noticed in today's Audit Committee meeting; the rectified results has been approved by the Board of Directors for submission to the stock exchanges.

The entire results are being resubmitted.
 

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