Indergiri Finance Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018

1. The above unaudited financial results for the quarter ended 31 December 2018 of Indragiri Finance Limited (the “Company”) were reviewed by the Audit Committee and thereafter approved by the Board of Directors at their meeting held on 25th January 2019. The statutory auditors of the Company have carried out a limited review of the above unaudited standalone financial results pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations. 2015 The Limited Review report does not have any qualifications. The Limited Review report will be filed with stock exchanges and will be available on the company's website.

2. On 1 April 2018, the Company has adopted Indian Accounting Standards (Ind AS’) notified by the Ministry of Corporate Affairs with effect from 1 April 2017 Accordingly, the financial results for the quarter and half year ended 31 December 2018 have been prepared in accordance with Ind AS and other accounting principles generally accepted in India and results for the comparative quarter and nine months ended 31 December 2017 have been restated in accordance with lnd AS. The financial results and the reconciliation of net profit for the quarter ended 31 December 2017 have not been audited or reviewed by the auditors and are being compiled by the management by exercising necessary due diligence to ensure that these give a true and fair view of the Company's affairs

3. Reconciliation of net profit as reported under Indian Generally Accepted Accounting Principles (previous GAAP) and as per lnd AS is given as follows: (For Table, kindly refer Corporate Announcements on www.bseindia.com)

4. The Company operates only in one primary business segment viz. "Finance & Investment"

5. Previous period's figures have been regrouped / reclassified where necessary, to conform to the current period's classification.

Kishan Sharma
Director