JASWAL GRANITES LIMITED
We have audited the attached Balance Sheet of Jaswal Granites Ltd.,
Hyderabad (A.P.)., as on 31st March, 1996 and the Profit & Loss Account for
the year ended on that date annexed thereto and report that:
1. We have obtained all the information and explanations which to the best
of our knowledge and belief were necessary for the purpose of our audit.
2. In our opinion, proper books of account as required by law have been
kept by the Company so far as it appears from our examination of such
3. The Balance Sheet and the Profit and Loss Account referred to in this
report are in agreement with the books of account.
4. In our opinion and to the best of our information and according to the
explanations furnished to us, the said Balance sheet and the Profit and
Loss Account read together with the schedules annexed therewith give the
informations required by the Companies, Act 1956 in the manner so required
and give a true and fair view:
i) In so far as it relates to the Balance Sheet, of the State of Affairs of
the Company, as at 31st March, 1996
ii) In so far as it relates to the Profit and Loss Account of the Company
for the year ended in that date.
For G. Seshadri & Co.
G. SESHADRI NAIDU
Place : Hyderabad
Dated : 30th November, 1996.