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Omega Interactive Technologies Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2020

Auditor and Management Disclosures and Notes for the annual results dated 31 Mar 2020

1. The above audited financial results for the quarter and year ended 31st March, 2020 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meeting held on 25th June, 2020. The statutory auditors have expressed an unqualified opinion.

2. The company is engaged in the business of software services including development of softwares and therefore there is only one reportable operating segment.

Hence, disclosures required by Indian Accounting Standard - 108 'Operating Segment' are not applicable to the company.

3. The Audited financia l results are in accordance with the Indian Accounting Standards (ind AS) as prescribed under Section 133 of the Companies Act, 2013, read with rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) (Amendment Rules), 2016

4. There has been no significant impact on the operat ions and financial position of the Company on account of the outbreak of t he COVID-19 pandemic and the consequential lock-down restrictions imposed by the Government.

5. Figures for the quarter ended 31st March, 2020 and corresponding quarter ended in the previous year as reported in these financial results are the balancing figures in respect of full financial year and year to date figure upto end of third quarter of the relevant financial year. Also the figures upto t he end of third qua rte

of the relevant financial year had only been reviewed and not subject to Audit.

6. The figures of previous period/ year have been regrouped/ rearranged wherever necessary / practicable to confirm to current period/ year presentation.