Atlanta Devcon Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2022

1 Profit / loss from discontinuing operations, if any, included in the above shall be disclosed separately.



2 The above audited Financial Results have been reviewed byaudit committee of the Board and approved and adopted by Boad of Directors at its meeting held on 30th May,2022.



3 This statements has been prepared in accordance with the companies ( Indian Accounting Rules'2015Standard ) - IND AS prescribed under sec- L33 of the companies Act, 201-3 read with the CompaniesIIndian Accounting Standards) Rules, 20L5 as amended by the CompaniesI Indian Accounting Standards) fAmendmentJ Rules,2016 and other recognised accounting practices and policies to the extentapplicable and in terms of Regulation 33 of sEnl( Listing 0bligatlon and Disclosure Requierment )Regulations, 2015.



4 As per the defination of Reportable segment in Accordance with Accounting standard 17 of SegmentReporting issued by Institue of Chartered Accountant of india, the company has only one reportablesegment i'e' Land Devlopment Hence, seprate disclosure for segmeni reporing is not applicable to thecompany.



5 To facilitate comparision, figures of previous periods has been regrouped and rearranged.



6 On account of COVID-L9, its economic impact would be felt in the subsequent year but consideringthat gradually operations are scaling up, Management is of considered view that so far, the impact doesnot give rise to any material uncertainty that may cast any significant doubt on Company's ability tocontinue as a going concern or on its solvency. Management continues to closely monitor the unfoldingsituation and plans to take steps that it could, in order to withstand the impact of COVID-19.