Page 244 - DJML Annual Report 24-25

CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS

Notes to the Consolidated Financial Statement March 31, 2025

Summary of material accounting policies followed by and cash equivalents, the Group has ascertained its
the Group operating cycle as 12 months for current and non-
current classification of assets and liabilities.

DJ Mediaprint & Logistics Limited (“the Company”)
and its subsidiaries (collectively together referred These consolidated financial statements have been
to a “the Group Printing Media Busine & prepared in accordance with the Indian Accounting
Logistics Support Services. Currently, the group is Standards (referred to as “Ind AS”) prescribed under
working for the diverse product in existing Printing section 133 of the Companies Act, 2013 read with
business in order to adopt new business such as the Companies (Indian Accounting Standards)
record manageme & other related busine Rules as amended from time to time.
along with logistics support solutions. The address
of its corporate office is 24, 1st Floor, Palkhiwala
House, Tara Manzil, 1st Dhobi Talao Lane, Marine This note provides a list of the material accounting
Lines, Mumba 400002. a Mar 31, 2025, policies adopted in the preparation of these financial
D Mediapr & Log Limited, the holding statements. These policies have been consistently
compa owned 51 of the partnership firm. applied to all the years presented, unless otherwise
stated.
The Board of Directors approved the consolidated
financial statements for the year ended March 31,
2025 and authorised for issue on May 29, 2025. The consolidated financial statements incorporate
the financial statements of the Company and all
its subsidiaries, being the entities that it controls.
These financial statements have been prepared in
accordance with Indian Accounting Standards (Ind Control is evidenced where the Group has power
over the investee or is exposed, or has rights,
AS) notified under Section 133 of the Companies to variable returns from its involvement with
Act, 2013 (the ‘Act’) read together with the the investee and has the ability to affect those
Companies (Indian Accounting Standards) Rules, returnsthrough its power over the investee. Power
2015, as amended from time to time and other is demonstrated through existing rights that
relevant provisions of the Act, on an accrual basis.
give the ability to direct relevant activities, which
The financial statements have been prepared on a significa affe the e returns. The financia
historical cost basis, except for certain financial statements of subsidiaries are prepared for the
assets and financial liabilities (including derivative same reporting year as the parent company. Where
instruments) that are measured at fair value. necessary, adjustments are made to the financial
The financial statements are presented in INR, statements of subsidiaries to align the accounting
which is also the Company’s functional currency policies in line with accounting policies of the Group.
and all values are rounded to the nearest Lakhs (INR For non-wholly owned subsidiaries, a share of the
00,000), except when otherwise indicated. profit/lo for the financia year and ne asse
attributed to the non-controlling interests as shown
All assets and liabilities, other than deferred tax in the consolidated statement of profit and loss and
asse and liabilities, have bee classified a consolidated balance sheet. For acquisitions of
current or non-current as per the Company’s normal additional interests in subsidiaries, where there is no
operating cycle and other criteria set out in the change in control, the Group recognises a reduction
Schedule III (Division II) to the Act. Deferred tax to the non-controlling interest of the respective
asse and liabilitie are classified a non-curre subsidiar with the difference betwee figure
assets and liabilities. Based on the nature of and the cash paid, inclusive of transaction fees,
products and the time between the acquisition of being recognised in equity. In addition, upon dilution
assets for processing and their realisation in cash of controlling interests the difference between the

Annual Report 2024-25 241