BITS Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2021

1. The above Audited Standalone Financial Statements/results for the year ended 31st March, 2021, have been reviewed by Audit Committee and approved by the Board of Directors in meeting held on 28/06/2021.

2. The previous year figures have been regrouped, re-classified and recasted wherever necessary.

3. The Company operates in only one segment.

4. The figures for the quarter ended 31st March, 2021 and 31st March, 2020 are the balancing figures between audited figures in respect to the full financial year and the published figure for nine months ended 31st Dec, 2020 and 31st Dec, 2019, respectively.