Sofcom Systems Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2019

1. The above Financial Results of the company for the quarter and year ended March 31st, 2019 have been reviewed by the Audit Committee and on its recommendation, have been approved by the Board of Directors at its meeting held on May 30, 2019.

2. The Company has only one business segment 'Software Sale and Software Consultancy'

3. Figures in respect of the previous year / period have been rearranged / regrouped wherever necessary to correspond with the figures of the current year / period.

4. These financial results have been prepared in accordance with Indian Accounting Standards (IND AS) prescribed under Section 133 of the Companies Act 2013 and other recognized accounting practices and policies to the extent possible.