Voltamp Transformers 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

Notes :

(1) The above unaudited results for quarter and Nine months ended 31st December, 2018 have been reviewed by audit committee and approved by Board of Directors at their meeting held on 1st February, 2019.

(2) The activities of the Company relate to only one segment i.e. Electrical Transformers.

(3) Consequent to introduction of Goods and Service Tax (GST) with effect from 01st July, 2017, Central Excise, Value Added Tax (VAT) etc, have been subsumed into GST. In accordance with Indian Accounting Standard - 18 on Revenue and Schedule III of the Companies Act, 2013, unlike Excise Duties, levies like GST, VAT etc are not part of Revenue from Operations. Thus, Revenue for the periods are net of GST. The following additional information is being provided to facilitate such understanding

Particulars Quarter Ended Nine Months Ended Year Ended

31st December 2018 30th September 2018 31st December 2017 31st December 2018 31st December 2017 31st March 2018

Revenue from Operations (A) 21,517.31 18,900.64 16,010.27 57,004.53 43,208.32 65,164.87

Excise Duty on Sales (B) - - - - 1,262.93 1,262.93

Revenue from Operations excluding

Excise Duty on Sale (A-B) 21,517.31 18,900.64 16,010.27 57,004.53 41,945.39 63,901.94

(4) The figures for the corresponding previous periods have been regrouped/ reclassified wherever considered necessary to confirm to the figures represented in the current period.