Note : 1. Segment Information
The Company identifes primary segments based on the dominant source,
nature of risks and returns and the internal organization and
management structure. The operating segments are the segments for which
separate financial information is available and for which operating
profit/loss amounts are evaluated regularly by the executive Management
in deciding how to allocate resources and in assessing performance.
The Company is mainly engaged in Manufacturing of Steel Forgings and
Flanges and Forged Fittings for oil & gas industry, Petrochemicals and
refneries, which in the context of Accounting standard (AS) 17 "Segment
Reporting" is considered to be the only business segment.
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