Beruflich Dokumente
Kultur Dokumente
CIN : 172200TN1999P1C042730
Block'A" Wing 1, Level 5 & 6, Cyber Gateway
MadhaPur, HYderabad
Tel
,\,8Hf,;45{}'fiT
L9 October 2016
BSE Limited
Exchange Plaza
Bandra-Kurla Complex, Bandra(E)
Mumbai400001
Mumbai400051
Scrip Code:532408
Symbol: MEGASOFT
Dear Sirs
we attach the statement on lmpact of Audit Qualifications for the Financial year ended March gL,201,6
of the Company in terms of Regulatio n 33/52 of the SEBI (LODR) (Amendment) Regulation
s,20,J,6.
Kindly take information on records & Oblige.
Thanking you
ff)
Company Secretary & Compliance Officer
500081
Telangana, India.
+91 (40) 4033 0000; Fax : +91 (40) 4013 3555
website : ww\ /'megasoft.com
MEGASOFT LIMITED
CIN : 172200TN1999P1C042730
Block "A" Wing 1, Level 5 & 6, Cyber Gateway
MadhaPur, HYderabad - 500081
Telangana, India.
+91 (a0) 4033 0000; Fax : +"91 (40) 4013 3555
website : www.meqasoft.com
Tel
rls'lI:i:; ,,1iit-.pil:1i
STATEMENT ON IMPACT OF AUDIT QUALIFICATIONS FOR THE FINANCIAT YEAR ENDED MARCH 31,
2016
[See ReFulation 33/52 of the SEBI (LODR) (Amendment) Resulations, 20161
ln
Consolidated
Standalone
Audited Figures (
before adjusting for
qualifications)
Particulars
s.
No
Adjusted Figures
(audited figures after
Audited Figures
( before adjusting
for qualifications)
adjusting for
Turnover / Total
income
30,89,12,s41.00
30,89
,r2,54i..00
66,49,84,819.00
66,49,84,819.00
Total Expenditure
Net Profit/(Loss)
30,46,96,998.00
42,15,543.00
30,46,96,998.00
42,15,543.00
6s,20,03,462.00
L,29,87,357.00
65,20,03,462.00
0.10
U.5U
0.30
3,09,93,61,242.00
3,09,93,61,242.00
s4,30,55,368.00
2,81,91,50,078.00
2,81,91,50,078.00
26,28,44,204.00
Earnings Per
0.10
Share (Rs.)
5
TotaI ASSets
Total Liabilities
Net Worth
Any
Adjusted Figures
(audited figures after
adjusting for
qualifications)
qualifications)
L
Rs
Statement on lmpact of Audit Qualifications for the Financial Year ended March 31, 2016
financial
(as
2,09,80,94,074.00
2,09,80,94,074.00
r,73,r9,63,718.?.6
1,81,78,82,910.00
L,81,78,82,91Q.00
r,45,r7,52,554.26
t,29,81,357.00
other
item(s)
appropriate
felt
by
the manasement)
ln respect of Bad debts written off amounting to Rs. 28,02,11,164/- these have not been debited to the
statement of profit & loss and have been directly adjusted against the opening general reserves which in
our opinion is not in accordance with Accounting Standard " 5 Net Profit or loss for the period, prior
period items and changes in accounting policies." Accordingly the statement of a profit & loss is been
affected.
c. Frequencv of Qualification:
l,*"ilqs$.'iti$':,tlfrT
S:$+".,$la ll:i
', i
/i t i:
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MEGASOFT LIMITED
CIN: 172200TN 1 999P1C0427 30
MECASOFT
d. For Audit Qualification(s) where the impact is quantified bv the auditor. Manasement's Viewsi
a) As the subject bad debts in question were pertaining to very old period and having no chanc,es i:f
recovery, being not'related to the said financial year under consideration, h,ave been adjusted direi.t,
against the profits generated in earlier years.
e. For Audit Qualification(s) where the impact is nqt quantified bv the auditor:
NtL
(ii) lf management is unable to estimate the impact, reasons for the same: NA
For Megasoft
AfiIKumar Sood
Chairman - Audit/Risk &
GV Kumar
CEO/Managing Director
[imited
Shridhar Thathachary
Chief Financial Officer
Compliance Committee
ffi
Associates
Chartered Accountants
Firm Registration No.0040065
MC Srikanth
Portner
Membership No.018588
Place: Chennai
rte
re
d Acca u n tn nt
:;
Firm Registration
No.005080Si
TN Rajendran
Portner
Membershio No.028778