Most listed companies that are part of the BSE 500 index managed to file results for the quarter ended June under the new Indian Accounting Standard or Ind-AS, the extended deadline for which ended on Thursday. However, some outside the top 500 failed to file their numbers within the stipulated deadline citing “practical difficulties”. Starting with the June quarter, all listed companies, with the exception of some in the banking, financial services and insurance (BFSI) space, had to provide financial statements under the Ind-AS format. Ind-AS, a fair valuation-based method,