PIL ITALICA LIFESTYLE LIMITED. (An ISO 9001:2015 Certified Company) CIN : L25207RJ1992PLC =

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1 ITRuCA r.m~o~l~d~e~d~f~r~n~'t~u~r~e~ (An ISO 9001:2015 Certified Company) CIN : L25207RJ1992PLC = May 18, 2018 The Manager-Listing Department National Stock Exchange of India Limited, 'Exchange Plaza', C-1, Block-G Bandra Kurla Complex, Bandra -East Mumbai Listing Department BSE Limited Phiroze Jeejeebhoy Towers 25 th Floor, Dalal Street Mumbai Name of Company: Sub: Financial Results for the fourth quarter (04) and financial year ended March Ref: Scrip Code No.: PILITAI Dear Sir/Madam, Pursuant to the Regulation 30 and 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing the following for the fourth Quarter (Q4) and financial year ended March A.) Audited Standalone Financial Results as per IND AS B.) Auditors' reports along with declaration on Auditors' Report with unmodified opinion pursuant to the SEBI circular no. CIR/CFD/CMD/56/2016 dated May 27, Based on the recommendation of Audit Committee, the above financial result have been approved by Board of Directors in its meeting held on Friday, May 18, The Board Meeting commenced at 02:30 P.M. and concluded at 4 : 4S-PM. Kindly take the above on your records. Thanking you, Yours faithfully, ~r'" UM'''' Cli,rag Gupta (Company Secretary) M. No. A50843 Encl: As above.i Add: Kodiyat Road, Udaipur (Rajasthan) Mob.: I Ph. : I Customer Care: Fax: info@italicafurniture.com I Website:

2 ITRuCA ' M LD D F RNIT RE (An ISO 9001 :2015 Certified Company) CIN : L25207RJ1992PLC May 18, 2018 The Manager-Listing Department National Stock Exchange of India Limited, 'Exchange Plaza', C-l, Block--(j Bandra Kurla Complex, Bandra -East Mumbai Listing Department BSE Limited Phiroze Jeejeebhoy Towers 25 th Floor, Dalal Street Mumbai Sub: Declaration of Unmodified Audit report pursuant to Regulations 33(3) (d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations Declaration I, Narendra Bhanawat, Whole time Director and Chief Financial Officer of having its registered office at Kodiyat Road, Village Sisarma, Udaipur (Raj.) hereby declare that M/S Ajay Paliwal & Co., Statutory Auditors of the Company, have issued an Audit Report with unmodified opinion on Audited Standalone Financial Results of the Company for the quarter and year ended on March 31,2018. This declaration is given pursuant to Regulation 33(3)(d) of the SESI (Listing Obligation and Disclosure Requirements) Regulations, 2015 as amended and Circular no. CIR/CFD/CMD/S6/2016 dated May 27,2016. Kindly take this declaration on record. Thanking You, Sincerely Yours Narendra Bhanawat Whole time Director and Chief Financial Officer Add: Kodiyat Road. Udaipur (Rajasthan) Mob.: I Ph. : I Customer Care: Fax: info@italicafurniture.com I Website:

3 Ajay Paliwal & Co. CHARTERED ACCOUNTANTS 418,Teacher's Colony, Ambamata scheme,udaipur Ph.: , Mobile: The Board of Directors, Kodiyat Road, Sisarma Udaipur. IC/\ I Ajay Paliwal B.Com., FCA, ISA{ICAI) Sub: Auditor's Report on Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations We have audited the quarterly financial results of for the quarter ended on March 31,2018 and the year to date results for the period April 01, 2017 to March 31, 2018, attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, These quarterly financial results as well as the year to date financial results have been prepared on the basis of the interim financial statements, which are the responsibility of the company's management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard for Interim Financial Reporting (AS 25 / Ind AS 34), prescribed, under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder, as applicable and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s}. An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. In our opinion and to the best of our information and according to the explanations given to us these quarterly financial results as well as the year to date resu lts: (i) are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in this regard; and (ii) give a true and fair view of the net profit/ loss and other financial information for the quarter ended March 31, 2018 as well as the year to date results for the period from April 01, 2017 to March 31, Place: Udaipur Date: May 18, 2018 For Ajay Paliwal & Co. Chartered Accountants (FRN 01234SC) ~ Ajay Paliwal Proprietor M. No.:

4 ITRuCA MO LD ED f RNITURE (An ISO 9001 :2015 Certified Company) CIN : L25207RJ1992PLC PIL ITAU(A LI FESTYLE LIMITED Audited St andalone Financial Results for the Quarter Ended and Year Ended as on M arch 31, 2018 Quarter ended (RS. IN LACS EXCEPT EPS) Year ended Particulars March 31, 2018 December 31,2017 March 31, 2017 Marcn 31, 2018 March 31, 2017 Audited Un Audited Audited Audited Audited I. Revenue From Operation Sale of Products $ Other Operating Revenues II. Other Income D.DO D.DO D.DO D.DO D.DO III. Total Income (1+11) IV. Expenses (a) Cost of Material consumed (h) Purchases of Stock-in-trade (e) Changes in inventories of finished goods,work in (d) Excise Duty D.DO D.DO (e) Employees benefits expenses 82S (f) Finance Costs (8) Depreciation and am ortization expense (hi Other Expenses Tot al Expenses V. Profit/loss before Exceptional items and Tax (III-IV) VI. Exceptionalltemslt# D.DO VII. Profit ILoss before tax VIII. Tax expense: (1) Current tax D.OO D.DO (2) Deferred tax D.DO D.OO D.DO IX. Profit (Loss) for the period (V-tVI-VIlI x. Other Com prehensive Income D.DO D.DO D.DO D.DO D.DO (AI Items that will not to be reclassified to P&L Remeasurement of the defined benefit plan D.DO D.DO D.DO Tax benefit on items not to be reclassified to P&L 2.35 D.DO D.DO 2.35 D.DO XI. Total Com prehensive Income for the period XII. Paid up equit'l share capital -Per equity share Re 1/ XIII. Other Equit\' D.DO D.DO D.DO XIV. Earnings per equity share: (1 ) Basic: 0.33 D \ Diluted 'or PU.ITAblC'I\MtF-C;STY an aging Director Add : Kodiyat Road, Udaipur (Rajasthan) Mob.: Ph. : /721 Customer Care : Fax: info@ita!icafurniture.com 1 Website :

5 ITMuCA MOULDED F RNITURE (An ISO 9001:2015 Certified Company) CIN: L25207RJ1992PLC ~'-!... STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT MARCH 31, 2018 irs. IN LACS As at Particulars March 31,2018 March 31,2017 Audited Audited A ASSETS Non Current Assets Property, plant and equipment Capilal work in progress Investment Properties Intangible assets Financial Assets Investments Loans Other Financial Assets Deferred tax assets Other Non Current assets Total Non Current Assets Current Assets Inventories financial assets Investments Trade Receivables Cash and cash equvalents Bank Balances other than cash and cash equivalents Loans Other Financial Assets 0.00 Other current assets T alai CUrrenl Assets Total Assets B EQUITY AND LIABILITIES EQUITY Equity Share Capilal Other Equity Total Equity , Liabilities Non CUrrent Liabilities Financial Liabilities Other Financial Liabilities Provisions - - Deferred Tax Liabilities Net Total Non Current Liabilities Current liabilities Financial Liabilities Borrowings - - Trade Payables Other Financial Liabilities Other CUrrenl Liabilities Provisions Current Tax Liabilities (net) Total Current Liabilities Total Liabilities Tnbl Eauitv and Liabilities ~'{.STYl~ V ~.. PIL ITAUQEST'(9)DM' '". J ~~?; ~~~. /J' (D~d All) 1. ~I ";'z ' 7d ireGter Add: Kodiyat Road, Udaipur (Rajasthan) Mob.: I Ph. : I Customer Care: Fax: info@italicafurniture.com I Website:

6 ITMuCA M LOE D F NIT RE (An ISO 9001 :2015 Certified Company) CIN: L25207RJ1992PLC Particulars IS"g,oo,,' Revenue (a) Manufacturing of Plastic Articles (b) Trading (c ) Finance and Investment Cd) Unallocated Net Income from Operations Less- Inler Segment Revenue Net Income From Operations Segment Results- Profit Before Tax and Interest (a) Manufacturing of Plastic Articles (b) Trading Finance and Investment 31,2018 Audited ,2017 UnAudited # #The Exceptional items comprises waiver of the creditors. The Financial results of the company have been prepared in accordance with the Indian Accounting Standrads -'NO AS"as i section 133 of the companies act,2013 read with the Companies (Indian Accounting Standrads) Rules,2015 as amended, The I C,mparw,.do,pt,<lIND AS from Aprit 1,2017 with the date of transition as April 1,2016. Financial results for all the periods presented in accordance with recognition and measurement principles of INO AS. I necessary. quarter are hglue,ii""w.,n audited figures for the financial year ended March 31,2018 and nine months unaudited published figures The above results are a\!"ailable on the website of the Company. Share holder Equity as on March 31,2017 as per IND AS and erstwhile INDIAN GAAP is same at Rs lacs. MANAGING DIRECTOR DIN Add : Kodiyat Road, Udaipur (Rajasthan) Mob.: I Ph I Customer Care: Fax : info@italicafurniture.com I Website:

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