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FDC Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2017

Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2017

1. The above standalone audited financial results were reviewed by the audit committee and
approved by the board of directors at its meeting held on May 26, 2017.

2. The boards of directors have recommended a final dividend of Rs. 2.25 per equity share (225%) for the financial year 2016-2017.

3. The Company has adopted Indian Accounting Standard ('Ind AS") from April 1, 2016 and the date of transition is April 1, 2015. The impact of adjustments arising on transition has been accounted for in opening reserves and comparative period results have been restated accordingly.

4. Reconciliation between standalone financial results and equity, as previously reported in accordance with the Accounting Standards framework (referred to as 'IGAAP') and Ind AS for the quarter / year ended presented is as under:
For Table, kindly refer Corporate Announcements on www.bseindia.com.

5. The figures for the quarter ended March 31, 2017 and March 31, 2016 are the balancing figures between audited figures in respect of the full financial year and the unaudited published year-to-date figures up to nine months of the relevant financial year.

6. The Company has only one segment of activity namely "Pharmaceuticals".

Mohan A. Chandavarkar
Chairman and Managing Director