These results have been reviewed by Audit
Committee and approved by Board in their
meetings held on 03rd February 2016. The
Stasutory Auditors have also carried our the
limited review of the same.
2) The company, a vertically integrated copper producer, is primarily engaged in the business of mining & processing of copper
ore to produce refined copper metal, which has been grouped as a single segment in the above disclosures. The said treatment is in accordance with the Accounting Standard on "Segment Reporting (AS-17)"
Pending finalisation regarding wage revision
of workmen w.e.f. 01st November, 2012, an
estimated provision of Rs 22.00 crore has been
made with respect to wage revision of workmen
for nine months ended 31.12.2015.
Figures for the previous period have been
rearranged wherever necessary.