Informed Technologies India Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2019

1. The above results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Company at its meeting held on 29th May, 2019.

2. The Company has only one reportable segment of activity namely "Information Technology - Business Process Outsourcing".



3. The Statutory Auditors have carried out audit of the financial results for the year ended March 31,2019 as required under Regulation 33 of the SEBl (Listing Obligations & Disclosure Requirements) Regulations, 2015 & have issued an unmodified opinion thereon.

4. The format for audited & unaudited financial results as prescribed in SEBI's circular CIR/CFD/CMD/15/2015 dated 30th November, 2015 has been modified to comply with the requirements of SEBI's circular dated 5th July, 2016, IND AS and Schedule III (Division II) to the Companies Act, 2013, which are applicable to companies that are required to comply with IND AS.



5. With effect from 1st April 2018, the group has adopted Ind AS 115 "Revenue from contract with customers" using the cumulative effect method. The application of Ind AS 115 did not have any significant impact on recognition and measurement of revenue in the financial result of the company

6. Figures for the quarter ended March 31, 2019 and March 31, 2018 are the balancing figures between audited figures in respect of full financial year and the published year to date unaudited figures upto the third quarter of the respective financial years, which were subjected to limited review.

7. Previous periods figures have been regrouped/ reclassified where considered necessary to conform to current period's classification/ disclosure.


Non-current tax assets (Net) - 24.84 is mentioned in other non-current financial asset.