Page 232 - DJML Annual Report 24-25

CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS

• Evaluate the appropriateness of accounting policies financia stateme ma be influenced.
used and the reasonableness of accounting
We consider quantitative materiality and qualitative
estimates and related disclosures made by
factors in (i) planning the scope of our audit work
management.
and in evaluating the results of our work; and (ii) to
• Conclude on the appropriateness of management’s evaluate the effe of a identified misstateme
use of the going concern basis of accounting and, the financia statements.
based on the audit evidence obtained, whether
We communicate with those charged with governance
a material uncertainty exists related to events or of the Holding Company and such other entities included
conditio tha ma ca significa doub o the in the consolidated financial statements of which we
Group’s ability to continue as a going concern. If
are the independent auditors regarding, among other
we conclude that a material uncertainty exists,
matters, the planned scope and timing of the audit
we are required to draw attention in our auditor’s and significa aud findings, including a significa
report to the related disclosures in the consolidated deficiencie in interna contro tha we identif during
financial statements or, if such disclosures are
our audit.
inadequate, to modify our opinion. Our conclusions
are based on the audit evidence obtained up to the We also provide those charged with governance with
date of our auditor’s report. However, future events a statement that we have complied with relevant
or conditions may cause the Group to cease to ethical requirements regarding independence, and to
continue as a going concern. communicate with them all relationships and other
matters that may reasonably be thought to bear on
• Evaluate the overall presentation, structure and our independence, and where applicable, related
conte of the consolidated financia statements,
safeguards.
including the disclosures, and whether the
consolidated financia stateme represe the From the matters communicated with those charged
underlying transactions and events in a manner that with governance, we determine those matters that were
achieves fair presentation. of most significance in the audit of the consolidated
financial statements of the current period and are
• Obtain sufficient appropriate audit evidence therefore the key audit matters. We describe these
regarding the financial information of the
matters in our auditor’s report unless law or regulation
entities or business activities within the Group to precludes public disclosure about the matter or when,
expre a opinio o the consolidated financia
in extremely rare circumstances, we determine that
statement. We are responsible for the direction,
a matter should not be communicated in our report
supervision and performance of the audit of because the adverse consequences of doing so would
the financia stateme of entitie the reasonably be expected to outweigh the public interest
consolidated financia stateme of we are benefits of such communication.
the independent auditors. For the other entities
included the consolidated financia statements,

which have been audited by other auditors, such The accompanying statement includes the audited
other auditors remain responsible for the direction, financia stateme and other financia informatio of
supervision and performance of the audits carried a Subsidiary Company.
out by them. We remain solely responsible for our
Subsidiary Company included in the statement whose
audit opinion.
result reflect Total Revenues of Rs. 402.12 lakhs and,
Materiality is the magnitude of misstatements in the net profit of Rs. 15.74 lakhs and, for the Year ended 31
st
consolidated financia stateme that, individua March, 2025 as considered in the Statement.
or in aggregate, makes it probable that the economic
decisions of a reasonably knowledgeable user of the

Annual Report 2024-25 229