MANAGEMENT RESPONSIBILITY STATEMENT The financial statements are in full conformity with the requirements of the Companies Act, 2013 and the Accounting Standards issued by the Central Government. The Management of Company accepts responsibility for the integrity and objectivity of these financial statements, as well as, for estimates and judgments relating to matters not concluded by the year-end. The management believes that the financial statements reflect fairly the form and substance of transactions and reasonably brsents the company's financial condition, and results of operations. To ensure this, the Company has installed a system of internal controls, which is reviewed, evaluated and updated on an ongoing basis. Our auditors have conducted audits to provide reasonable assurance that the company's established policy and procedures have been followed. However, there are inherent limitations that should be recognized in weighing the assurances provided by any system of internal controls. These financial statements have been audited by M/s. Y RAGHURAM & co , Chartered Accountants, Hyderabad, the Statutory Auditors of the Company. FOR AND ON BEHALF OF THE BOARD For PFL Infotech Limited Sd/- (P. Amresh Kumar) Chairman &Managing Director Place : Hyderabad Date : 31-07-2015 |