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Ecofinity Atomix 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 financial statement has been revived by the Audit Committee and approved by the Board of the Directors at its meeting held on 30th May.2018. The statutory auditors have carried out audit of the financial results for the year ended March 31. 2018.

2. The Company has adopted Indi an Accounting Standard( "Ind AS") prescribed under Section 133 of the Companies Act 2013 read with relevant rules issued thereunder with effect from April 1.2017 and with the transition date of April 1, 2016. These financial statement have been prepared and presented as per Ind AS and in terms of the Regulation 33 of SEBI ( Listing Obligation and Disclosure Requirements) Regulation. 2015 ( the "Listing Regulations"). As modified b) Circular dated July 5.2016.

2. The figures for the quarter ended March 31.2018 and the corresponding quarter ended in the previous year as reported in attached financial results are the balancing figure between the audited figures in respect of full financial year and the published year to date figures upto the end of the third quarter of the financial year.

4. IND AS 108 Relating to Segment wise reporting i, not applicable as the Company operates in only One Pri mary segment i.e Trading of Clothes.

5. Reconciliation of Profit after tax for the Quarter ended 31st March. 2018 and for the year ended on 31 st March. 2018 between Ind, AS compliant results with as per previous Indian GAAP results are given below.

6. In Q1,Q2 & Q3. Company has participated in various tenders for generation of electricity from renewable energy. but the same were not tendered. Further the Board of Directors has diversified business to textiles and clothing. Board of Directors of the company are confident for increase in revenues from change in industry.

7. The figure pertaining to previous periods have been regrouped. re-classified and restated wherever necessary.

Vishal Trivedi
Director