publishing quaterly result

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amit trivedi (Querist)
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01 April 2011
Dear Sir,

Please let me know that when will the quarterly result for the quarter ended on 31st march, 2011, submitted to the Stock Exchange. What is the time limit?

Is this Result, unaudited or audited?

If the Company will submit unaudited financial result, what will be the time to submit the unaudited financial result? Then what will be the time to submit audited result after that?

If the Company will submit audited financial result with in what time it will submit?

Please guide me in detail.

Thanks

Amit Trivedi
(atrivedi13@yahoo.co.in)

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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01 April 2011 The company has an option either to submit unaudited financial results for the quarter within forty-five days (45 DAYS)of end of the financial year or to submit audited financial results for the entire financial year within sixty days (60 DAYS)of end of the financial year, subject to the following:

i In case the company opts to submit un-audited financial results for the last quarter, it shall also submit audited financial results for the entire financial year, as soon as they are approved by the Board. Such un-audited financial results for the last quarter shall also be subjected to limited review by the statutory auditors of the company (or in case of public sector undertakings, by any practicing Chartered Accountant) and a copy of the limited review report shall be furnished to the stock exchange within forty five days from end of the quarter.

ii In case the company opts to submit audited financial results for the entire financial year, it shall intimate the stock exchange in writing within forty-five days of end of the financial year, about such exercise of option.

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amit trivedi

amit trivedi (Querist)
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04 April 2011 If co. opts the option to published unaudited result with in 45 days from the ending of the financial year,

what is the tile limit for publishing audited result?

Can co. published it at ots own convinience?

Is that time limit applicable for all the quarter?

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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05 April 2011
Time limit for submitting Audited Financial Year is within 60 days of end of the financial year. (For Last Quarter)

Other than Last Quarter:
The company has an option either to submit audited or unaudited quarterly and year to date financial results to the stock exchange within forty-five days (45 days)of end of each quarter

You are confused with publication of financial results & submission of financial results. Both this are different.

Publication of Financial results
The company shall, within 48 hours of conclusion of the Board or Committee meeting at which the financial results were approved, publish a copy of the financial results which were submitted to the stock exchange in at least in one English daily newspaper circulating in the whole or substantially the whole of India and in one daily newspaper published in the language of the region, where the registered office of the company is situated

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