Manpasand's books give true & fair view of firm: Mehra Goel & Company

Manpasand had to defer its Q4 results as Deloitte had resigned, putting the stock under pressure

Manpasand Beverages, in the news recently for the resignation of its auditor Deloitte, released its fourth-quarter and full-year results for FY18 on Wednesday, with its new auditor raising no red flag.

Mehra Goel & Company, appointed after Deloitte quit last month, has said in its two-page independent report attached with the Q4 and full-year FY18 results that the statements give a true and fair view of the company’s financial position. 

It added that it is in conformity with Ind-AS and other accounting principles. Deloitte had said while resigning before Manpasand’s Q4 results were declared on May 30 that “significant information” requested by