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Financials Q4 2018 & FY 2018 (Audited)

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Financials Q4 2018 & FY 2018 (Audited) © Date: May 25, 2018 PC] To, T0, Jeweller for generations The Listing Compliance Department, The Listing Compliance Department, BSE Limited, National Stock Exchange of India Limited, P. J. Tower, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai - 400001 Bandra (East), Mumbai - 400051 Ref.: PC Jeweller Limited (Scrip Code: 534809, Symbol: PCJEWELLER) Sub.: Audited Standalone & Consolidated Financial Results for the quarter and / or year ended March 31, 2018 Dear Sir/Madam, Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the audited Standalone & Consolidated Financial Results of the Company for the quarter and / or year ended March 31, 2018 along with the Auditors Reports thereon. Further, please also find enclosed herewith requisite declaration by Shri Sanjeev Bhatia, Chief Financial Officer of the Company regarding Audit Reports with unmodified opinion. The Board meeting commenced at ...'?.:.J....~.f.:~....and concluded at .... ~.~.f!.~..f..'./!? . Kindly take the same on record. Thanking you. Encl.: As above PC Jeweller Limited REGD. & CORPORATE OFF: C - 54, PREET VIHAR, VIKAS MARG, DELHI - 110 092 PH: 011 - 49714971 FAX: 011 - 49714972 [email protected]· www.pcjeweller.com· CIN: L36911DL2005PLC134929 Walker Chandiok &"Co LLP Walker Chandiok & Co LLP (Formerly Walker, Chandiok & Co) L-41 Connaught Circus New Delhi 110001 India T +91 11 42787070 F +91 11 42787071 Independent Auditor's Report on Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 To the Board of Directors of PC Jeweller Limited 1. We have audited the standalone financial results of PC Jeweller Limited ('the Company') for the year ended 31 March 2018, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Attention is drawn to note XX to the standalone financial results regarding the figures for the quarter ended 31 March 2018 as reported in these standalone financial results, which are the balancing figures between audited standalone figures in respect of the full financial year and the published standalone year to date figures up to the end of the third quarter of the financial year. Also, the figures up to the end of the third quarter had only been reviewed and not subjected to audit. These standalone financial results are based on the standalone financial statements for the year ended 31 March 2018 prepared in accordance with the accounting principles generally accepted in India, including Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 ('the Act') and published standalone year to date figures up to the end of the third quarter of the financial year prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, Interim Financial Reporting, specified under Section 133 of the Act, and SEBI Circulars CIR/CFD/CMD/15/2015 dated 30 November 2015 and CIR/CFD/FAC/62/2016 dated 5 July 2016, which are the responsibility of the Company's management. Our responsibility is to express an opinion on these standalone financial results based on our audit of the standalone financial statements for the year ended 31 March 2018 and our review of standalone financial results for the nine months period ended 31 December 2017. ~ 2. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. Walker Chandiok & Co LLP is registered with limited liability Chartered Accountanta with identification number AAC·2085 and its registered office at L-41 Connaught Circus, New Delhi, 110001, India Offices in Bengaluru, Chandigarh Chennai, Gurgaon, Hyderabad, Kolka!a, Mumbai, New Delhi, Noida and Pune Walker Chandiok &,Co LLP Independent Auditor's Report on Standalone Financial Results of PC Jeweller Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015(contd.) 3. In our opinion and to the best of our information and according to the explanations given to us, the standalone financial results: (i) are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circulars CIR/CFD/CMD/15/2015 dated 30 November 2015 and CIR/CFD/FAC/62/2016 dated 5 July 2016 in this regard; and (ii) give a true and fair view of the standalone net profit (including other comprehensive income) and other financial information in conformity with the accounting principles generally accepted in India, including Ind AS specified under Section 133 of the Act for the year ended 31 March 2018. 4. The review of the unaudited standalone financial results for the nine months period ended 31 December 2016 and the audit of the standalone financial result for the year ended 31 March 2017, included in the standalone financial results, were jointly carried out and reported by Sharad Jain Associates, Chartered Accountant and us, vide unmodified reports dated 14 February 2017 and 25 May 2017 respectively. Our report is not modified in respect of this matter. W~ ~~ CoLL1J For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No.: 001076N/N500013 Membership No. 501531 Place: New Delhi Date: 25 May 2018 Chartered Accountants Walker Chandiok &"Co LLP Walker Chand 10k & Co LLP (Formerly Walker, Chandiok & Co) L-41 Connaughl Circus New Delhi 110001 India T +91 11 42787070 F +91 11 42787071 Independent Auditor's Report on Consolidated Financial Results of the Company Pursuant to the Regulation 33 ofthe SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 To the Board of Directors of PC Jeweller Limited 1. We have audited the consolidated financial results of PC Jeweller Limited ('the Holding Company') and its subsidiaries (the Holding Company and its subsidiaries together referred to as 'the Group'), for the year ended 31 March 2018, being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These consolidated financial results are based on the consolidated financial statements for the year ended 31 March 2018 prepared in accordance with the accounting principles generally accepted in India, including Indian Accounting Standards ('Ind AS,) specified under Section 133 of the Companies Act, 2013 ('the Act') and SEBI Circulars CIR/CFD/CMD/15/2015 dated 30 November 2015 and CIR/CFD/FAC/62/2016 dated 5 July 2016, which are the responsibility of the Holding Company's management. Our responsibility is to express an opinion on these consolidated financial results based on our audit of the consolidated financial statements for the year ended 31 March 2018. 2. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. 3. In our opinion and to the best of our information and according to the explanations given to us and based on the consideration of the reports of other auditors on separate financial statements of the subsidiaries, the consolidated financial results: (i) include the financial results for the year ended 31 March 2018, of the following entities: a) PC Universal Private Limited; b) Transforming Retail Private Limited; c) Luxury Products Trendsetter Private Limited; d) PC Global Jeweller DMCC; and e) PC Jeweller International S.A.S. Chartered Accountants Walker Chandiok & Co LLP is registered with limited liability with identification number AAC-2085 and its registered Offices in Bengaturu, Chandigarh Chennai, Gurgaon, Hyderabad, Kotkata, Mumbai, New Dethi, Noida and Pune office at L-41 Connaught Circus, New Delhi, 110001, India Walker Chandiok &"Co LLP Independent Auditor's Report on Consolidated Financial Results of PC Jeweller Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015(contd.) (ii) are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circulars CIR/CFD/CMD/15/2015 dated 30 November 2015 and CIR/CFD/FAC/62/2016 dated 5 July 2016 in this regard; and (iii) give a true and fair view of the consolidated net profit (including other comprehensive income) and other financial information in conformity with the accounting principles generally accepted in India including Ind AS specified under Section 133 of the Act for the year
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