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3B BlackBio Dx Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018

Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2018

NOTES ON STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 31ST DECEMBER, 2018

1. The above financial results were reviewed by the Audit Committee and thereafter approved by the Board of Directors at their meeting held on 24th January 2019. The statutory auditors have carried out Limited Review on these financial results.

2. The Company’s Agrochemical Business is seasonal in nature and the performance can be impacted by weather conditions and cropping pattern.

3. Financial results for all the periods presented have been prepared in accordance with the recognition and measurement principles of Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time

4. According to requirements of Ind As and SEBI (LODR) Regulations 2015, revenue from operations for the Nine Months ended 31-12-2017 and Year ended 31-03-2018 are reported inclusive of excise duty relating to 1st quarter ended 30-06-17. The Government of India has implemented Goods and Services Tax (GST) from 1st July, 2017 replacing excise duty, service tax and other indirect taxes. As per Ind AS, Revenue from Operations is shown net off Goods and Service Tax (GST).

The following additional information is being provided to facilitate such understanding;

Particulars Quarter ended 9 MONTHS ENDED

YEAR ENDED

31/12/2018 30/09/2018 31/12/2017 31/12/2018 31/12/2017 31/03/2018

(unaudited) (unaudited) (unaudited) (unaudited) (unaudited) (AUDITED)

Revenue from operations 236.25 511.58 366.11 951.53 1229.57 1577.18

Less: Excise Duty 0.00 0.00 0.00 0.00 (21.94) (20.96)

Revenue from operations excluding Excise Duty 236.25 511.58 366.11 951.53







1207.63







1556.22



5. All the figures of financial results have been rounded off to nearest lakhs rupees.

6. Previous period/Year figures have been regrouped / rearranged, wherever deemed necessary.

7. This year monsoon has been below normal, affecting sales of company.

8. This year has been bad in history of Agrochemicals, in terms of shortage and increase in raw material prices, which affected company’s profitability.

FOR AND ON BEHALF OF THE BOARD





PLACE: BHOPAL DHIRENDRA DUBEY

DATE: 24/01/2019 WHOLE TIME DIRECTOR