The Board of Directors of
Latteys Industries Limited Ahmedabad
We have audited the Half yearly financial results of Latteys Industries Limited tor theHalt year ended 31 March 2020 and the year to date results for the period 01"April 2019 to 31" March 2020 attached herewith being submitted by the companypursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations andDisclosure Requirements) Regulations 2015. These Half Yearly financial results as well asthe year to date financial results have been prepared on the basis of the interimfinancial statements which are the responsibility of the company's management. Ourresponsibility is to express an opinion on these financial results based on our audit ofsuch interim financial statements which have been prepared in accordance with therecognition and measurement principles laid down in Indian Accounting Standard 34 (Ind AS34) / Accounting Standard - 25 for Interim Financial Reporting prescribed under Section133 of the Companies Act 2013 read with relevant rules Issued thereunder; or by theInstitute of Chartered Accountants of India as applicable and other accounting principlesgenerally accepted in India.
We conducted our audit in accordance with the auditing standards generally accepted inIndia. Those standards require that we plan and perform the audit to obtain reasonableassurance about whether the financial results are free of material misstatement(s). Anaudit includes examining on a test basis evidence supporting the amounts disclosed asfinancial results. An audit also includes assessing the accounting principles used andsignificant estimates made by management. We believe that our audit provides a reasonablebasis for our opinion.
In our opinion and to the best of our information and according to the explanationsgiven to us these Half Yearly financial results as well as the year to date results:
i) are presented in accordance with the requirements of Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations 2015 in this regard; and
ii) give a true and fair view of the net profit/loss and other financial informationfor the half year ended 31" March 2020 as well as the year to date results for theperiod from 01" April 2019 to 31" March 2020.
The Statement dealt with by this report has been prepared for the express purpose offilling with the Stock Exchanges. This statements is based on and should be read with theaudited Standalone Financial Statements of the Company for the year ended on March 312020 on which we issued an unmodified audit opinion.
This report is addressed to the Board of Directors of the Company and has been preparedfor and on y for the purposes set out above. This report should not be otherwise used byany other party for any other purpose