Pioneer Agro Extracts Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018

1) The aforesaid financial results have been approved by the Audit Committee and thereafter approved by and taken on record at meeting of Board of Directors held on January 25, 2019.



2) The financial statements has been prepared in accordane with the Companies (Indian Accounting Standard) Rules, 2015 (Ind AS) prescribed under section 133 of the Companies Act 2013 and the relevant rules thereunder and other recognised accounting practices and policies to the extent applicable.



3) This statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.



4) Reconciliation of net profits after tax reported in accordance with Indian GAAP to total comprehensive Income in accordance with IND-AS is given below :-

Particulars Note Quarter

Nil Nil Nil



5) The aforesaid results are of discountinued operations.



6) Other Income comprises mainly of interest income.



7) The Company is having single reportable segment as defined in Indian Accounting Standard and therefore Segment reporting is not applicable to the Company.