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

1. These financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rule, 2015 (IND AS 34) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. Beginning 1st April, 2017, the Company has for the first time adopted Ind AS with transition date of 1st April, 2016

2. The above results have been reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at their meeting held on May 29. 2019. The results for the current quarter and year ended 31st March, 2019 have been audited by the Statutory Auditor of the company

3. There were no Complaints pending from Investors at the beginning and at the end of the Quarter and year ended March 31, 2019

4. The Company/s operations have been considered as representing a single primary segment. Hence, there is no requirement of segment reporting.

5. Previous period figures have been rearrange and regrouped, wherever necessary.

6. The figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the current financial year.

7. After implementation of Goods and Services Tax(GST) with effect from 1st July, 2017, revenue from operations is required to be disclosed net of GST in accordance w.th requirement of Ind AS. Accordingly, the revenue from operations for the quarter and year ended March 31, 2018 are not comparable with the corresponding previous quarter and year represented in the financial results which are reported inclusive of Excise Duty.