TRF Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2020

The above results were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on June 6, 2020.



TheCompanyhasincurredlossaftertaxofRs13,263.91lakhsduringtheperiodendedMarch31,2020andaccumulatedlossesasonthatdateamountingtoR58,806.63lakhs,haserodedthenetworthofthecompany.Thecompanyexpectstogeneratecashflowfromimprovementsinoperations,increasedbusinessfromthepromoter,increasedefficienciesintheprojectactivities,proceedsfromrestructuringofitssubsidiaries,facilities from banks as required and necessary financial support from the Promoter, if required, which will be sufficient to meet future obligation of the company. Accordingly, these financial results have been prepared on a going concern basis.



FiguresforthequarterendedMarch31,2020andMarch31,2019representthedifferencebetweentheauditedfiguresinrespectofthefullfinancialyer and the published figures of nine months ended December 31, 2019 and December 31, 2018 respectively.



Figures for the previous periods have been regrouped and reclassified to confirm to the classification of the current period, where necessary.



Detailed note on financial statement have been submitted in pdf.