Springform Technology Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2018

1. The above is an extract of the detailed format of Quarterly and Annual Financial Results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. The details in prescribed format of the quarterly results are available on the website of Stock Exchange websites. (www.bseindia.com) and the Company (www. springformtech.com)

2. The above results were reviewed by the audit committee and thereafter approved and taken on record by the Board of Directors at their respective meetings held on May 29, 2018.

3. The Company has adopted Indian Accounting Standards ("Ind AS") from April 01, 2016 and accordingly these results have been prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, Interim Financial Reporting prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting pronouncements generally accepted in India. Financial result for all the periods presented have been prepared in accordance with the recognition and measurement principle as laid down in Ind AS 34

4. Reconciliation of Net Profit reported on account of transition from Indian GAAP to Ind AS are given

5. The Company has only one segment; hence segment wise reporting is not applicable.

6. The figures of the last quarter ended March 31, 2018 and corresponding quarter ended March 31, 2017 are the balancing figure between the audited figure in respect of full financial year and the unaudited published year to date figures upto the third quarter ended December 31, 2017 and December 31, 2016 respectively.

7. Previous year/ period figures have been regrouped/ reclassified wherever necessary.