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R R Financial Consultants Ltd.

BSE: 511626 Sector: Financials
NSE: N.A. ISIN Code: INE229D01011
BSE 00:00 | 09 Mar 2018 R R Financial Consultants Ltd
NSE 05:30 | 01 Jan 1970 R R Financial Consultants Ltd
OPEN 16.00
PREVIOUS CLOSE 15.00
VOLUME 200
52-Week high 19.70
52-Week low 10.10
P/E
Mkt Cap.(Rs cr) 17
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 16.00
CLOSE 15.00
VOLUME 200
52-Week high 19.70
52-Week low 10.10
P/E
Mkt Cap.(Rs cr) 17
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

R R Financial Consultants Ltd. (RRFINCONS) - Auditors Report

Company auditors report

To The Board of Directors of RR FINANCIAL CONSULTANTS LIMITED

Report on the Consolidated Financial Statements

We have audited the accompanying Consolidated financial statements of RR FinancialConsultants Limited ( the Company ) and its subsidiaries (collectively referred to as thegroup ) which comprises the Consolidated Balance Sheet as at 30th June 2014Consolidated statement of Profit and Loss and the Consolidated Cash Flow Statement for theyear then ended and a summary of significant accounting policies and other explanatoryinformation.

Management s responsibility for the Consolidated Financial Statements

The Company s Management is responsible for the preparation of these consolidatedfinancial statements that give a true and fair view of the consolidated financialposition consolidated financial performance and consolidated cash flows of the group inaccordance with the Accounting Standards notified under the Companies Act1956( the Act)(which continues to be applicable in respect of Section 133 of the Companies Act2013 interms of General Circular 15/2013 dated 13th September2013 of Ministry ofCorporate Affairs) and in accordance with the accounting principles generally accepted inIndia. This responsibility includes the design implementation and maintenance of internalcontrol relevant to the preparation and presentation of the consolidated financialstatements that give a true and fair view and are free from material misstatement whetherdue to fraud or error.

Auditor s responsibility

Our responsibility is to express an opinion on these consolidated financial statementsbased on our audit. We conducted our audit in accordance with the standards on Auditingissued by the Institute of Chartered Accountants of India. Those standards require that wecomply with ethical requirements and plan and perform the audit to obtain reasonableassurance about whether the consolidated financial statements are free from materialmisstatements. An audit involves performing procedures to obtain audit evidence about theamounts and disclosures in the consolidated financial statements. The procedures selecteddepend on the auditor s judgment including the assessment of the risk of materialmisstatement of the consolidated financial statements whether due to fraud or error. Inmaking those risk assessments the auditor considers internal control relevant to thegroup preparation and presentation of the consolidated financial statements that give atrue and fair view in order to design audit procedures that are appropriate in thecircumstances but not for the purpose of expressing an opinion on the effectiveness ofthe company s internal control. An audit also includes evaluating the appropriateness ofthe accounting policies used and the reasonableness of the accounting estimates made bymanagement as well as evaluating the overall presentation of the consolidated financialstatements.

We believe that the audit evidence we have obtained is sufficient and appropriate toprovide a basis for our audit opinion.

Opinion

In our opinion and to the best of our information and according to the explanationsgiven to us and based on the consideration of the reports of the other auditors onseparate financial statements of subsidiaries and on the other financial information ofthe components we are of the opinion that the attached consolidated financial statementsgive a true and fair view in conformity with the accounting principles generally acceptedin India:

(a) in the case of the consolidated balance sheet of the state of affairs of the RRFINANCIAL CONSULTANTS LIMITED and its subsidiaries as at 30th June 2014 and

(b) in the case of the consolidated profit and loss account of the profit for thegroup for the year ended on that date.

(c) in the case of the consolidated Cash Flow Statement of cash flows of the group forthe year ended on that date.

Emphasis of Matter

We draw attention to Note no.1 (iii) (c) of the consolidated financial statements withrespect to Inter group transactions effect which has not been eliminated as in the opinionof management the transactions has been done in the normal course of business. Our reportis not qualified in respect of this matter.

Other matters

We have audited the financial statements of subsidiaries of RR Financial ConsultantsLimited which reflect total assets of Rs. 2868.55 Lacs as at 30th June 2014 andtotal revenue of Nil amount for the previous year ended 30th June 2014. We didnot audit the financial statements of RR Insurance Brokers (P) Ltd. RR Fincap (P) Ltd.ARIX Consultant (P) Ltd. RR Investor Capital Services (P) Ltd. & it s one subsidiaryRR Equity Brokers (P) Ltd & its Four subsidiaries and three Subsidiaries of RR InfraEstates (P) Ltd. for the period ended 30th June 2013 whose financial statementstogether reflect total assets of Rs. 6686.80 Lacs as at 30th June 2014 andtotal revenue of Rs. 6917.07 Lacs for the period ended. These financial statements havebeen audited by other auditors. Auditors whose reports have been furnished to us by themanagement and our opinion in so far as it relates to the amounts included in respect ofthese subsidiaries is based solely on the reports of the other auditors.

Place: - New Delhi For: SANDEEP RAMESH GUPTA & CO.
Date : - 29/08/2014 (Chartered Accountants)
(SANDEEP GUPTA)
Proprietor
Membership No. 90039