Greaves Cotton Ltd has informed that in the limited review report of the Company for the quarter ended December 31, 2007, the Auditors of the Company have made the following observations:
The accounts of the U.K. branch; have not been reviewed by the branch auditors. The turnover and net loss of the branch included in the unaudited financial statements aggregate to Rs 5.16 crores and Rs 0.32 crores respectively.
The accounts of the U.K. branch; have not been reviewed by the branch auditors. The turnover and net loss of the branch included in the unaudited financial statements aggregate to Rs 5.16 crores and Rs 0.32 crores respectively.
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