B2B Software Technologies Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2021

1. The above results for the quarter ended March 31, 2021 have been reviewed by the Audit Committee and approved at the meeting of the Board of Directors of the company held on Apr 30, 2021.



2. The Company is primarly engaged in Information Technology and related services. There is one reportable geographical segment in terms of IND AS -108 on Segment Reporting issued by the The Institute of Chartered Accountants of India.



3. The financial results of the Company have been prepared in accordance with Indian Accounting Standards ("IND AS") notified under the Companies (Indian Accounting standards) rules 2015 as amended by Companies (Indian Accounting standards) (Amendment) Rules 2016. These financial results (including for all the periods presented) have been prepared in accordance with the recognition and measurement principles in IND AS 34 - "Interim Financial Reporting" prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and the other accounting principles generally accepted in India.



4.Figures of last quarter are balancing figures between audited figures in respect of the year ended 31 March 2021 and the published year to date figures upto the nine months ended 31 December 2020, as per listing agreement entered in to with the stock exchanges in India. However financial result for quarter and twelve months ended 31 March 2020 have been reviewed / audited by the statutory auditors. The management has exercised necessary due diligence to ensure that the financial results provide a true and fair view of its affairs.



5.Figures of the earlier periods, wherever necessary, have been regrouped and rearranged to conform with those of the current period.