We have audited the accompanying standalone financial results of Kuberan Global Edu Solutions Limited for the half year ended 31st
March, 2024 and the year to date results for the period from 1 April, 2023 to 31st March, 2024, attached herewith, being submitted by the
company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
as amended (“Listing Regulations”).
In our opinion and to the best of our information and according to the explanations given to us, these standalone financial results:
i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
ii. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards
and other accounting principles generally accepted in India of the profit and other comprehensive income and other financial information
for the half year ended 31st March, 2024 as well as the year to date results for the period from 1st April, 2023 to 31st March, 2024.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013
(the Act). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Standalone
Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute
of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results under the
provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with
these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our opinion.
Emphasis of Matter
We draw attention that the outbreak of Coronavirus (COVID-19) pandemic globally and in India is causing significant disturbance and
slowdown of economic activity and consequently it has affected the revenue of the company as well. The Company has evaluated impact
of this pandemic on its business operations and based on its review and current indicators of future economic conditions, the Company
expects to recover the carrying amount of all its assets. The impact of the pandemic may be different from that estimated as at the date of
approval of these financial statement and the Company will continue to closely monitor any material changes to future economic
conditions.
Our report is not modified in respect of the above matters.
Management’s Responsibilities for the Standalone Financial Results
This Statement which includes the Standalone Financial results is the responsibility of the Company's Board of Directors and has been
approved by them for the issuance. The Standalone Financial Results for the year ended March 31, 2024 has been compiled from the
related audited standalone financial Information. This responsibility includes the preparation and presentation of the Standalone Financial
Results for the Half and year ended March 31, 2024 that give a true and fair view of the net profit and other comprehensive income and
other financial information in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards
prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in
India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate
accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and
detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that
are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls that were operating
effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the
Standalone Financial Results that give a true and fair view and is free from material misstatement, whether due to fraud or error.
In preparing the standalone financial results, the Board of Directors are responsible for assessing the Company's ability to continue as a
going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the
Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors are also responsible for overseeing the Company's financial reporting process.
Auditor’s Responsibilities for the Audit of the Standalone Financial Results
Our objectives are to obtain reasonable assurance about whether the standalone financial results as a whole are free from material
misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high
level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when
it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably
be expected to influence the economic decisions of users taken on the basis of these standalone financial results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit.
We also:
* Identify and assess the risks of material misstatement of the standalone financial results, whether due to fraud or error, design and
perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our
opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may
involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
* Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the
circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control.
* Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made
by the Board of Directors.
* Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit
evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on t he Company's
ability to continue as a going concern. If we conchide that a material uncertainty exists, we are required to draw attention in our auditor's
report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are
based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause t he Company
to cease to continue as a going concern.
* Evaluate the overall presentation, structure and content of the standalone financial results, including the disclosures, and whether the
financial results represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and
significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding
independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our
independence, and where applicable, related safeguards.
Other Matters
The Statement includes the results for the half year and year ended 31st March, 2024 being the balancing figure between the audited
figures in respect of the full financial year ended 31st March, 2024 and the published unaudited year-to-date figures upto the six months
ended 30th September, 2023 which were reviewed by us.
FOR HASHIM & ASSOCIATES ,
-----SD------
A. SHEIK MOHAMED HASHIM .
B. COM .,FCA M .No : 020991
Place: Coimbatore
Date: 15 , May , 2024.
UDIN NO : 24020991BKGRFD6641
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