The Company at the board meeting held on 29th May 2024 approved the audited financial results for the Year & Quarter ended 31st March 2024. Further, we have filed the Financial Results ....

TUORNER INDUSTRIES LIMITED Regd.Off: City Centirter,e , No. F 186 (New No.2i 32), i Pura Sawakka Basement, B-28, Kilpauk, Chennai - 600 010. Tele Fax : 044 aS email : laserdiamonds@yahoo.co.in Web : www.turnerindustriesitd.in Date: 29.05.2024 The Bombay Stock Exchange Ltd., Corporate Service Department, 25" Floor, P.J.Towers, Dalal Street, Fort, Mumbai — 400 001. Dear Sir, Sub: Announcement of Audited Financial Results under Ind AS for ie year ended on 3lst March 2024 as per regulation 33 of the SEBI z* (LODR) Regulation 2013 ray At its meeting held on 29th May 2024, Board of Directors approved audited financial results for Quarter ended 31st March 2024. We have enclosed said results along with Limited Review Report from our Auditor. The Meeting of the Board commenced at 11.00 am and concluded by 11.30 am Thanking you, Yours faithfully, For TURNER INDUSTRIES LIMITED (KANCHAN SAMDARIA) Director CX 4. JOHN MORIS & CO., CHARTERED ACCOUNTANTS INDEPENDENT AUDITORS’ REPORT The Board of Directors of “TURNER INDUSTRIES Limited” Report on the Audit of Standalone Financial Statements Opinion We have audited the accompanying financial statements of TURNER INDUSTRIES Limited (“the company”), for the quarter ended 31.03.2024 and the year-to-date results for the period from 01.04.2023 to 31.03.2024 i.e attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the ‘Listing Regulations’). In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financial statements: (i) Are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard. (ii) | Give a true and fair view in conformity with the Indian Accounting Standards prescribed under section 133 of the Act read with the Companies (Indian Accounting Standards) rules, 2015, as amended, (“Ind AS”) and other accounting principles generally accepted in India of the state of affairs of the Company as at 31‘ March 2024, the loss and total comprehensive income, changes in equity and its cash flows for the quarter ended 31.03.2024 and year to date results for the period 01.04.2023 to 31.03.2024 . Basis for Opinion We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on the _ standalone financial statements. ai a at No.5, Lakshmipuram 1st Street, Deivasigamani Road (Near Music Academy), Royapettah, Q Tel : +91-44-2811 6003-4 / 2811 1712, 7667034935, E-mail : info@ajohnmoris.com, Website : Branches : Ahmedabad/ Bengaluru/ Bhubaneswar/ Chhattisgarh/ Coimbatore/ Erode/ ye a Kochi/ Kolkata/ Kumbakonam/ Lucknow/ Madurai/ Mumbai/ Nagercoil/ Nagpur/ New Dethi/ Ranchi/ Sricity/ Surat/ Thiruvananthapuram/ Thrissur/ Tirunelveli/ Erode/ Tiruppur/ Trichy/ Tuticorin/ Visakhapatnam @. JOHN MORIS & CO., _ CHARTERED ACCOUNTANTS Key audit matters Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the standalone financial statements of the current period. These matters were addressed in the context of our audit of the standalone financial statements, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. Information other than the Standalone Financial Statements and Auditor’s Report Thereon The Company’s Board of Directors and Management is responsible for the preparation of the other information. The other information comprises the information obtained at the date of this auditor’s report, information included in Management discussion and analysis, Board’s Report, Shareholder’s information but does not include the financial statements and our auditor’s report thereon. Management’s Responsibility for the Standalone Financial Statements These quarterly financial results as well as the year-to-date standalone financial results have been prepared based on the interim financial statements. The Company’s Board of Directors is responsible for the matters stated in section 134(5) of the Companies Acct, 2013 (“the Act”) with respect to the preparation and presentation of these financial statements that give a true and fair view of the financial position, financial performance and cash flows of the Company in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified under Section 133 of the Act. This responsibility also includes the maintenance of adequate accounting records in accordance with the provision of the Act for safeguarding of the assets of the Company and for preventing and detecting the frauds and other irregularities: selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial control, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Those Board of Directors are also responsible for overseeing the company’s ff reporting process. No.5, Lakshmipuram 1st Street, Deivasigamani Road (Near Music Academy), Royapettah, Che Ne ~" Tel : +91-44-2811 6003-4 / 2811 1712, 7667034935, E-mail : info@ajohnmoris.com, Website : www.ajo Branches : Ahmedabad/ Bengaluru/ Bhubaneswar/ Chhattisgarh/ Coimbatore/ Erode/ Hyderabad/ Kochi/ Kolkata/ Kumbakonam/ Lucknow/ Madurai/ Mumbai/ Nagercoil/ Nagpur/ New Delhi/ Ranchi/ Sricity/ Surat/ Thiruvananthapuram/ Thrissur/ Tirunelveli/ Erode/ Tiruppur/ Trichy/ Tuticorin/ Visakhapatnam 4G. JOHN MORIS & CO., CHARTERED ACCOUNTANTS Auditor’s Responsibilities for the Audit of the Standalone Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken based on these financial statements. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: « Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain [Showing first 8,000 characters — download PDF for full document]