INDEPENDENT AUDITOR’S EXAMINATION REPORT ON RESTATED CONSOLIDATED
FINANCIAL INFORMATION (continued)

6)

7)

8)

9)

As indicated in our audit reports referred in paragraph 5 above, we did not audit the financial
statements of eleven subsidiaries (including step down subsidiaries) for the six months period ended
30 September 2021 and 30 September 2020 and for the financial years ended 31 March 2021, 31
March 2020 and 31 March 2019 as listed in Annexure A(ii) whose share of total assets, total revenues
(including other income), net cash inflows / (outflows) included in the consolidated financial
statements, for the relevant years/ periods is tabulated below:

(Rs. in million)

 

 

 

 

 

 

Particulars As at/ for the six months As at / for the year ended
period ended
30 September | 30 September 31 March 31 March | 31 March
2021 2020 2021 2020 2019

In respect of
subsidiaries:
Total assets 2,119.28 1,715.11 1,607.46 2,040.07 1,033.21
Total revenues 5,687.88 4,658.34 10,370.38 10,682.52 7,483.07
Net cash (0.30) (52.44) (67.25) 74.67 17.13
inflow/
(outflow)

 

 

 

 

 

 

 

 

These financial statements have been audited by other auditors as mentioned in Annexure A(ii) and
whose reports have been furnished to us by the Company’s management and our audit opinions for
the relevant years on the consolidated financial statements, in so far as it relates to the amounts and
disclosures included in respect of these components for the relevant years, are based solely on the
reports of the other auditors.

Our opinion on the consolidated financial statements is not modified in respect of these matters.

Based on our examination and according to the information and explanations given to us, we report
that the Restated Consolidated Financial Information:

a) have been prepared after incorporating adjustments for the changes in accounting policies and
regrouping/reclassifications retrospectively in the financial years ended 31 March 2021, 31 March
2020 and 31 March 2019 to reflect the same accounting treatment as per the accounting policies
and grouping/ classifications followed as at and for the six months period ended 30 September
2021;

b) does not contain any qualifications requiring adjustments. However, those qualifications in the
Companies (Auditor’s Report) Order, 2016 issued by the Central Government of India in terms
of sub section (11) of section 143 of the Act, which do not require any corrective adjustments in
the Restated Consolidated Financial Information have been disclosed in Annexure VI to the
Restated Consolidated Financial Information; and

c) have been prepared in accordance with the Act, ICDR Regulations and the Guidance Note.

The Restated Consolidated Financial Information do not reflect the effects of events that occurred
subsequent to the respective dates of the reports on the Special Purpose Interim Consolidated Financial
Statements and audited consolidated financial statements mentioned in paragraph 4 above.

This report should not in any way be construed as a reissuance or re-dating of any of the previous
audit reports issued by us, nor should this report be construed as a new opinion on any of the financial
statements referred to herein.
