GRP Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2017

1. The above results are reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 30th May, 2017.

2. Tax Expense includes current tax, deferred tax and is net of MAT credit, if any.
3. Figures for the previous periods are regrouped and reworked wherever necessary.
4. Figures for the quarter ended 31st March are the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to 31st December. Also the figures upto the end of the third quarter had only been reviewed and not subject to audit.
5. The Board of Directors has recommended a dividend of Rs. 10/- (100%) per equity share of Rs. 10/- for the financial year ended 31st March, 2017.