TCI Developers Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2021

Notes:



1.These financial results were reviewed and recommended by the Audit Committee and thereafter approved by the Board of Directors of the Company at their respective meetings held on 30th April, 2021. These results have been audited by the Statutory Auditors of the Company in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.



2.As the Company's main business activities fall within a single primary business segment viz. "Real Estate and Warehousing", the disclosure requirements of Ind AS 108 'Operating Segments' are not applicable.



3.The Figures for the quarter ended 31st March 2021 & preceding quarter ended 31st March 2020 are the balancing figures between the audited year to date figures for year ended 31st March and the unaudited published figures for the nine months ended 31st December of the respective financial years.



4.The Management has exercised due care, in concluding on significant accounting judgements and estimates, inter-alia, recoverability of receivables, assessment for impairment of investments, intangible assets, inventory, based on the information available to date, both internal and external, to the extent relevant, while preparing these financial results as of and for the quarter and year ended March 31, 2021. There is no material impact on these financial results for the quarter and year ended March 31, 2021 owing to the pandemic.



5.The consolidated figures include financials of subsidiary companies and subsidiary partnership firms of the company



6.Figures of the previous quarters/ periods have been regrouped/ rearranged wherever considered necessary.