NOTES ON ACCOUNTS:

Note 1:

1) The brvious year's figures have been reworked, regrouped, rearranged and reclassified where necessary.

2) Reconciliation of Nos. of Shares

Number of Equity Shares at the Beginning 5976400 Number of Equity Shares at the end 5976400

 SIGNIFICANT ACCOUNTING POLICIES :

A) METHOD OF ACCOUNTING:

a) The financial statements are brpared on the historical cost convention and in accordance with the generally accepted principles.

b) The company follows accrual system of accounting in the brparation of accounts except where otherwise stated.

B)FIXED ASSETS:

a) Fixed assets are stated at actual cost. Actual cost is inclusive of freight. Installation cost, duties, taxes and other incidental expenses.

C)DEbrCIATION:

a) Debrciation is provided on written down value method at the rates  brscribed in schedule XIV of the Companies Act, 2013.

D) brLIMINERY & DEFERRED REVENUE EXPENSE:

a) Preliminary expenses are written off over a period of Ten years.

E) TAXATION:

a) Provision for Income Tax is made after confederation eligible exemptions and deductions at the rate applicable under the Income Tax Act, 1961.

b) Deferred tax is recognized on timing differences; being the difference between taxable incomes and accounting income that originate in one period and are capable of reversal in one or more subsequent periods.

. Figures are rounded off to the nearest rupee. Interms of our attached report of even date

For HARIBABU AND ASSOCIATES

CHARTERED ACCOUNTANTS FRN: 01064S

CH. HARIBABU

(PARTNER) M.NO. 022361

FOR RESPONSE INFORMATICS LIMITED

D. SWAYAM PRABHA NAIR K.SUBBA RAO

(Managing Director) (Director)

P.M. NAIR K. RAVI KUMAR

(Chief Financial Officer) Company Secretary

Place: Hyderabad

Date: 30.08.2015