Company Overview Financial Statements Notice Statutory Reports 83 Rudolf Atul Chemicals Ltd | Annual Report 2023-24 No. Base values UoM Reference As at March 31, 2024 As at March 31, 2023 L Net sales ` lakhs Statement of Profit and Loss (Note 18, sales of products and services only) 13,804.01 11,037.17 M Finance cost ` lakhs Statement of Profit and Loss (Note 23) 30.28 15.78 N Depreciation ` lakhs Statement of Profit and Loss (Note 2 + Note 3) 52.21 46.82 O Profit before tax ` lakhs Statement of Profit and Loss 2,779.15 1,049.85 P Profit after tax ` lakhs Statement of Profit and Loss 1,922.04 777.17 Q Net operating income ` lakhs M + N + P 2,004.53 839.77 R Total operating purchase ` lakhs Purchase of raw material and stock in trade (Note 20) + other expenses (Note 25) 10,282.33 9,403.45 S Capital purchase ` lakhs Addition in capital work-in-progress (Note 2) 15.20 66.00 Note 26.16 Relationship with stuck off companies The Company did not have any material transaction with companies struck off under Section 248 of the Companies Act, 2013 | Section 560 of Copanies Act, 1956, during the financial year. Note 26.17 Audit trail As per the requirements of Rule 3(1) of the Companies (Accounts) Rules 2014, the Company uses only such accounting software for maintaining its books of accounts that have a feature of, recording audit trail of each and every transaction, creating an edit log of each change made in the books of account, along with the date when such changes were made and who made those changes within such accounting software. This feature of recording audit trails has operated throughout the year and was not tampered with during the year. In respect of aforesaid accounting software, after thorough testing and validation, audit trail was not enabled for direct data changes at the database level in view of the possible impact on the efficiency of the system. In respect of audit trail at database level, the Company has established and maintained an adequate internal control framework over its financial reporting and based on its assessment, has concluded that the internal controls for the year ended March 31, 2024 were effective. The Company is in the process of system upgradation to meet the database level audit trail requirement. Note 26.18 Other statutory information a) The Company has not entered into any such transaction which is not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961.
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