Independent
Auditor’s Report on Consolidated Financial Statements
To the Members of
KAJARIA CERAMICS LIMITED
Report on the Financial Statements
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statements of
KAJARIA CERAMICS LIMITED
(‘the Company’),
which comprise the Balance Sheet as at March 31, 2014, the
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reference to this report.
Management’s Responsibility for the Financial Statements
The Company’s Management is responsible for the preparation of
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under the Companies Act, 1956 of India (the “Act”), read with the
General Circular 15/ 2013 dated September 13, 2013 of the Ministry
of Corporate Affairs in respect of Section 133 of the Companies
Act, 2013. This responsibility includes the design, implementation
and maintenance of internal control relevant to the preparation
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fair view and are free from material misstatement, whether due
to fraud or error.
Auditor’s Responsibility
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statements based on our audit. We conducted our audit in
accordance with the Standards on Auditing and other applicable
authoritative pronouncements issued by the Institute of
Chartered Accountants of India. Those Standards require that
we comply with ethical requirements and plan and perform
the audit to obtain reasonable assurance about whether the
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An audit involves performing procedures to obtain audit evidence,
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The procedures selected depend on the auditors’ judgment,
including the assessment of the risks of material misstatement of
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those risk assessments, the auditors consider internal control
relevant to the Company’s preparation and fair presentation of
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are appropriate in the circumstances, but not for the purpose of
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control. An audit also includes evaluating the appropriateness of
accounting policies used and the reasonableness of the accounting
estimates made by Management, as well as evaluating the overall
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and appropriate to provide a basis for our audit opinion.
Opinion
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of
`
2851.41 million as at 31st March,2014, total revenue of
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7.08 million
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been audited by other auditors whose reports have been
furnished to us, and our opinion is based solely on the
report of other auditors.
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have been prepared by the Company’s management in
accordance with the requirements of Accounting Standard
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the Companies (Accounting Standard) Rules, 2006.
3. We further report that on the basis of the information and
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view in conformity with the accounting principles generally
accepted in India :-
i) in the case of the balance sheet, of the state of affairs
of the Company as at 31 March 2014;
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for the year ended on that date.
For
O. P. Bagla & Co.
Chartered Accountants
Firm Regn No. 000018N
(Atul Bagla)
Place : New Delhi
Partner
Dated : 7th May, 2014
Membership No. 91885
75
Annual Report 2013-14
