Lakhotia Polyesters (India) Ltd.
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Notes to Accounts
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You can view the entire text of Notes to accounts of the company for the latest year
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Market Cap. (Rs.)
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38.61 Cr.
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P/BV
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4.43
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Book Value (Rs.)
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8.32
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52 Week High/Low (Rs.)
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57/24
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FV/ML
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10/1
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P/E(X)
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0.00
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Bookclosure
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25/09/2023
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EPS (Rs.)
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0.00
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Div Yield (%)
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0.00
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Year End :2015-03 | 1. Terms / Rights attached to shares
The company has one class of Equity Shares having par value of Rs 10/-
per share. Each holder of equity shares is entitle to one vote per
equity share held.
2. DEFERRED TAX LIABILITIES
The accounting treatment for income - tax in respect of the company's
income is based on the Accounting Standard 22 on 'Accounting for taxes
on income' as notified by the Companies (Accounting Standards) Rules,
2006. The provision made for income tax in the accounts comprises both,
the Current Tax and Deferred Tax. The deferred tax assets and
liabilities for the year, arising on account of timing differences, are
recognized in the statement of Profit & Loss and the cumulative effect
thereof is reflected in the Balance Sheet.
3. Deferred tax is measured based on the tax rates and the tax laws
enacted or substantively enacted at the Balance Sheet date. Deferred
tax assets and liabilities are recognized only to the extent that there
is reasonable certainty that sufficient future taxable income will be
available against which such deferred tax assets can be realized. In
situation where the company has unabsorbed depreciation or carried
forwarded losses, deferred tax assets are recognized only if there is
virtual certainty supported by convincing evidence that the same can be
realized against future taxable profits.
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