Integra Switchgear Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2018

1. The above results as reviewed by the Audit Committee, has been approved at the meeting of the Board of Directors of the Company held on 28/05/2018.

2. The figures for the quarter ended 31.03.2018 is balancing figures between the audited figures in respect of the full year financial year and the published year to date figures upto 31.12.2017 subjected to limited.

3. Previous period figures have been regrouped wherever considered necessary to conform to the current period regroup.

4. `The statement has been prepared in accordance with the companies (Indian Accounting Standards) Rules 2015 (Ind AS) prescribed under section 133 of the companies Act 2013 and other recognised accounting policies to the extent applicable. The company has adopted the Ind AS with the transition beginning from 1st April 2017 and has thus restated the results for the period ended 31st March 2018.

5. Provisions for Taxes, Deferred tax implications, employee benefits, restatement, if any, are made at the end of the financial year.

6. The Ind AS compliant corresponding figures pertaining to the relevant periods of the previous year, for the quarter ended 31st March 2018 have not been subject to limited review report. However, the management has exercised necessary due diligence to ensure that the financial results provide a true and fair view of its affairs.

7. The statement does not include IND As compliant result for the preceding quarter and previous year ended 31st March, 2017 as same not being mandatory as per SEBI Circular dated 5th July 2016.

8. Reconciliation of Net Profit after tax for quarter ended 31st March 2018 as per as Indian GAAP to Ind AS compliant result as required pursuant to circular no. CIR/CFD/FAC/62/2016 dated 05/07/2016 is given below :(For Table, kindly refer Corporate Announcements on www.bseindia.com.)