Infronics Systems Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2024

1. In pursuance with Regulation 33 of SEBI (LODR) Regulations, 2015 and Schedule III of Companies Act, 2013, the above Financial Results have been prepared by Company and reviewed by Audit Committee and subsequently approved by Board of Directors of Company at their meeting held on 13.02.2025. The Statutory auditors have carried out Limited review for the Quarter ended 31st December 2024.
2. The Financial Results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS prescribed under Section 133 of Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 (as amended).
3. The Company is primarily engaged in the business of providing "IT Software Products" and all other activities are incidental to the main activities of the company. Accordingly, there are no separate reportable segments as per Ind AS 108 - "Operating Segments".
4. The Results for the Quarter ended December 31, 2024 are available on BSE Limited's website (www.bseindia.com) and on the Company's website (www.infronics.com).
5. The Customer Contracts with BSNL for providing SMS services to SBI and Indian Bank was completed on August 31, 2024 and June 30, 2024 respectively. Revenue has been recognised to the extent where SMS count has been confirmed by BSNL. These contract have not been renewed subsequently.
6. Figures for the previous period have been regrouped/rearranged wherever necessary to confirm to the presentation of the current period.