VXL Instruments Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2023

1 The above financial results for the 3 months and year ended 31st March, 2023 as recommended by the Audit Committee were approved by the Board of Directors in their meeting held on 26th May, 2023.

2 These financial results have been prepared in accordance with the Indian Accounting Standard (Ind AS) prescribed under Section 133 of the Companies Act 2013, read with the relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and SEBI Circular dated July 5, 2016.

3 The figures for the quarter ended 31st March 2023 and 31st March 2022 are arrived at as difference between audited figures for the respective full financial year and reviewed figures up to 9 months ended 31st December 2022 and 31st December 2021 respectively.

4 Previous period figures regrouped, wherever necessary.


6. Segment wise reporting is based on geographical regions. Since fixed assets are used in the Company's business interchangeably, segment wise disclosure on capital employed has not been furnished.

7. Figures for the previous year/period have been regrouped/recasted wherever necessary to conform to the current year/ period of presentation.

8.Rs.5.15 Crore Receivable from M/s Delta Technologies Limited UK, which is outstanding for more than 1 year. M/s Delta Technologies Limited UK committed to clear all dues during FY 2023-24 and the company is confident of recovering the same.