Investment & Precision Castings 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

1. The results of the quarter ended 31st December, 2018 were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on January 31, 2019.

2. The Company has identified investment castings as its only primary reportable segment in accordance with the requirements of Ind AS 108 - Operating Segments.

3. Earlier years' tax for the quarter represents excess provision for income tax written back, assessments having been completed.

4. Previous period's figures have been reclassified, wherever necessary, to correspond with those of the current period.