Advent Computer Services Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2018

1. The above result were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 14th August, 2018.

2.The Statutory Auditors of the Company have conducted a "Limited Review" of the financial results for the quarter ended 30th June, 2018.

3.These financial statements are Company’s first Ind - AS Financial Statements. The Company has adopted Indian Accounting Standards (Ind AS) from 1st April, 2017. Accordingly, these financial results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issues thereunder and other accounting principles generally accepted in India Financial results.

4.The Company operates only in one business segment.

5.The above results does not include IND AS compliant results for the preceeding quarter and year ended 31st March, 2018 as the same is not mandatory as per SEBI circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016.

6. Reconciliation between financial result as previously reported in accordance with the Accounting Standard framework (referred to as "Previous GAAP") and Ind AS for the quarter presented are as under:

(Rs. in Lakhs)

Particulars Quarter Ended 30.06.2017

Net Profit after tax reported under previous GAAP: 0.29

Ind AS Adjustments (+/-) -

Net Profit or Loss as per IND AS 0.29

Other Comprehensive Income (Net of Taxes) -

Total Comprehensive Income for the period 0.29

7.The figures for the previous period have been regrouped / rearranged wherever considered necessary.