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RTCL Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2019

Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2019

1. The Above year ended audited Standalone results for the quarter and year ended 31st March 2019 were reviewed by the Audit Committee and taken on record by Board of Director at their meeting held on 30th May 2019.

2. Segment wise details of Revenue, Results and Capital Employed are given in the Annexure 3

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

4. The Company has adopted Indian Accounting Standards (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 31st, March 2019 have 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 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, 2018 and accordingly results for the quarter ended Year ended 31st, 2019 have been prepared in accordance with Ind AS.However, the Company's management has exercised necessary diligence to ensure that such financial results provide a true and fair view of its affair.