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

1) The above results have been reviewed by the Audit Committee and taken on record by the Board of Directors at their meeting held on 30.05.2018. The financial results are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder.

2)The figures for the previous year/ quarter have been regrouped/rearranged wherever required to match with current figures.

3) The Auditor of the company has carried out the limited review for the financial results for quarter and year ended on 31.03.2018



4) Provision for Deferred Taxation is made at the end of the year.

5) The Company operates in single business segment goods transport agency service. Hence, no separate disclosure as per "Ind AS-108" is required for the business segment.

6) The Company adopted Indian Accounting Standards ("Ind AS") from April 1st,2017 and accordingly these financial results have been prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 Interim Financial Reporting prescribed under section 133 of the Companies Act, 2013 read with the relevant rules issued there under. The date of transition to Ind As is April 1st, 2016,whereby reconciliation statements between Profit/Equity reported under privious GAAP and IND AS are attached.