With reference to the earlier announcement regarding Financial Results for June 30, 2014, Kovalam Investment & Trading Company has now informed that the figure of profit before Tax i.e., Rs 52.43 Lacs is correct. However, due to clerical / typographical mistake the figure of Profit in Segment reporting under the head 'Investment & Finance' was shown as Rs 21.35 Lacs instead of Rs 21.59 Lacs. Hence for Segment reporting the total Profit is Rs 52.43 Lacs and not Rs 52.19 Lacs as wrongly given earlier. However, this inadvertent mistake has no effect on the total profitability of the Company. In this regard, the company has now submitted a copy of the rectified Financial Results for June 30, 2014.
The above information is a part of company’s filings submitted to BSE.
