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Magellanic Cloud Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2018

Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2018

1. The above audited results have been reviewed by the Audit Committee and approved in the meeting of Board of Directors held on 28th May, 2018 and Statutory Auditors of the Company have carried out Limited Review of the same.

2. The Company's business activity falls within a single primary business segment comprise of consulting services.

3. Previous year's figures are re-grouped, re-arranged, re-classified wherever necessary.

4. The figures of last quarter of 31st March 2018 and 31st March 2017 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter.

Jagan Mohan Reddy Thumma
Director