Shetron Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2019

1. The above audited Consolidated Financial Results, as reviewed by the Audit Committee, approved and taken on record by the Board of Directors at its meeting held on 20th May, 2019.

2.Segment Reporting: The Company is engaged in the manufacture of Metal Packaging and hence results are reported under one segment.

3. Figures of the corresponding period have been re-classified/regrouped wherever considered necessary.

4. The financial results for the year ended March 31st, 2019 have been prepared in accordance with the recognition and measurement principles laid down in financial results

5. Post the applicability of Goods and service Tax w.e.f 1 July 2017, Revenue from Operation are disclosed net of GST. Accordingly Revenue from Operations for the for the quarter and year ended March 31, 2019 are not comparable with previous periods.

6. The aggregate effect of material adjustments made in the results of that quarter which pertain to earlier periods.

7. The figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published year-to-date figures upto the third quarter

8. The above results have been audited by the Statutory Auditors and they have issued an unqualified audit opinion on the same.