Alphalogic Techsys Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2022

Notes

1. The above standalone financial results have been reviewed by the Audit Committee at its meeting held on 27/05/2022 and approved by the Board of Directors at their meeting held on 27/05/2022.

2. This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. Beginning April 1, 2021, the Company has adopted Ind AS with a transition date of April 1, 2020.

3. As the company was listed on BSE SME exchange till 15th December, 2021, submission of quarterly results for corresponding period i.e 01/01/2021 to 31/03/2021 was not applicable. Hence, the corresponding period of six months ended on 31.03.2021 has been presented here in Profit & Loss Account.

4. Reconciliation between Statement of Equity as previously reported under IGAAP and Ind AS is given below

Amount (Rs. in Lakhs)

Particulars As at 31st March, 2021 As at 31st March, 2020



Equity as per Previous GAAP (IGAAP) 1,078.42 1,019.14



Adjustments: Nil Nil



Equity under Ind AS 1,078.42 1,019.14



5. Reconciliation of Net Profit reported for the previous year ended 31st March, 2021 in accordance with IGAAP to Total Comprehensive Income in accordance with Ind AS is given below

Amount (Rs. in Lakhs)

Particulars For the Year Ended 31st March, 2021



Net Profit as per Previous GAAP (IGAAP) 59.28



Adjustments: Nil



Total Comprehensive Income as per Ind AS 59.28



6. The figures in respect of results for the quarter ended March 31, 2022 and March 31, 2021 are the balancing figures between the audited figures in respect of the full financial year and published year to date figures of the third quarter of respective financial year.

7. Previous year / period figures have been regrouped / rearranged wherever considered necessary.

8. The Audited Financial Results of the Company are available on Company’s website i.e. www.alphalogicinc.com and also on the website of BSE Limited, www.bseindia.com, where the Shares of the Company are listed.