Ramco Industries Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018

Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2018

1. The above audited financial results were reviewed by the Audit committee and approved by the Board of Directors at its Meetings held on 29.01.2019.

2. Consequent to the introduction of GST with effect from 1-7-2017, the excise duty is subsumed under GST. In accordance with Ind AS 18, Revenue from Operations are presented net of GST. Hence Revenue from Operations for the nine months period ended 31-12-2018 are not comparable with previous corresponding period.

3. The previous period figures have been re-grouped / restated wherever considered necessary.