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RTCL Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2018

Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2018

1. The Above Quaterly audited results for the quarter and year ended 31th March 2018 were reviewed by the Audit Committee and taken on record by the Board of Directors at their meeting held on 30th May 2018.

2. Segment wise details of Revenue, Results, Assets & Liabilities and Capital Employed are given in the Annexure.

3. 'Previous year's figures have been regrouped/re-classified, wherever necessary.

4. The Company has adopted Indian AccountingStandards(Ind AS)Prescribed under section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder, From April 01, 2017 and accordingly, these audited Financial Results including figures for the Quarter and Year ended March 31st, 2018) have been prepared in accordance with the recognition and measurement Principles laid down in IND AS 34 "Interim Financial Reporting" and the other accounting Principles generally accepted in India.

5. This statement has been prepared in accordance with the Companies(Indian Accounting Standards)Rules,2015(Ind AS),Prescribed under Section 133 of the Companies Act,2013, and other recognised accounting practices and policies to the extent applicable. Beginning April 1st, 2017 and accordingly results for the quarter and year ended March 31th,2017 have been preprared in accordance with Ind AS.

6. The Statement does not include Ind AS - compliant results for the previous year ended March 31st, 2017 as the same are not mandatory as per SEBI's circular dated July 5th, 2016.

7. The figures for the corresponding quarter endedMarch, 31st,2018 are based on the previously issued financial results as adjusted for differences in the accounting principles adopted by the company on transition to Ind AS, which have not been subjected to audit .However, the Company's management has exercised necessary diligence to ensure that such financial results provide a true and fair view of its affairs.