~ SR. BATLIBOI & Co. LLP Sector Secor ond Chartered Accountants Gurgaon 128 802, Horana, India Tel : +31 124464 4000, Fax: 091 124 46a 4050 Limited Review Report Review Report to ‘The Board of Directors Ester Industries Limited 1. We have reviewed the accompanying statement of unaudited financial results of Ester Industries Limited (‘the Company’) for the quarter ended June 30, 2015 (the “Statement”), exeept for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding? which have been traced from disclosures made by the management and have not been reviewed by us. This Statement is the responsibility of the Company's management and has been approved by the Board of Directors. Our responsibility is to issue a report on the Statement based on our review. 2. We conducted our review in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 3. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement of unaudited financial results prepared in accordance recognition and measurement principles laid down in Accounting Standard 25 “Interim nancial Reporting”, specified under section 133 of the Companies Act, 2013, read with rule 7 of the Companies (Accounts) Rules, 2014 and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement including the manner in which it is to be disclosed, or that it contains any material misstatement. For S.R. Batliboi & Co. LLP ICAI Firm registration number: Chartered Accountants passshes per Raman Sobti Partner Membership No.: 089218 Place: Gurgaon Date: July 27, 2015 ia Ca Ste os se onset[ESTER INDUSTRIES LIMITED | REGD. OFFICE : SOHAN NAGAR, P.O. CHARUBETA KHATIMA -262 308, DISTT. UDHAMSINGH NAGAR (UITRAKHAND) | ‘STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDING ON JUNE 30,2018, ro Precding Tae | The ont lparentars months ended | aed SiMaris (Audited a [explained innate below) Ty Netaaevncone from Operations TORS OF 2065508 | aia | aa boxer Operating Income aii 107 200.30 81087 | otal Income from operation (ne) (a) +108) 21,096.69 anssasi| —assrast| 99626276 1 [al Tespenses a |tcreasey eeease in stock in trade and workin progress 4s9.9) Linus 487.25) 37370 | b [Consumption of ow ters 1378396 una} 6806] ests fe) Employes cos i229 seras| toa} 411926 (Depreciation 99079 1435 0.14 |Loss Profit) on Fersian Exchange Fusion (Net) 6139 (6103) 392 Ip [othe expendire 490428 ser 3881.87 [Total expenses (a-bvewdee+ 1319.44 968696] 2210375 3] [Profit (oss trom Operation before Other Income, Finance cost and 17725 ess] L816 4 mis asi Sst | |Pront (toss rom ordinary actives before Finance cost and Exceptional 1880.43 rasa | 123460 tem (34) gf frnance cot ons 13093 63.48 7] [Reo (1s) trom ordinary activites after Finance cost but before 576.08 468.16 mas Exception tem (6) 3} exceptional tens 5 a - | fevott (tos) rom Ordinary Activites before tx (78) 57608 46816 ais as 10| frac expense i | |corent Tax 17193 9826 sous 10235 I |e: Minimum Aletive Tax Crest 2793) (9826) 683) an23s) | |Detered Tax Career) 19243, 9826 9438 103.73, 1} |Net Profits rom Ordinary Actives after tax 010) 383.65 36990 1657 38391 12] impact of scheme of amalgamation rating to ear period : : 13] [Exaorinary em (nt uf tax expense) - - : - | [14] |xecrront/ oss for the period (1:12) 383.65 369.90 W697 38391 15], [Paidup equity share capital 4169.69 simi} 3tz20/ 13219 Face Vale of Share Re 5 each) 16] Reserves a ayia (excluding Revaluation Reserves as pe balance shee of previous acounting pea 11] earning Pr Share (ace value of, 5 est) [Basic EPS before Extraordinary items forthe peso, forte year to date and foe os os 028 ost it previo year (nt annulized) [Diluted EPS before Extraordinary items forthe period forthe year ode and os ost 02 os? rare previous year (oot nue) Basic EPS ater Exrordinary items fr the perio, forthe year o date ad for os 039 028 061 jit previous year (not annalzed) [Ditued EPS afte Exrsordinay ems forthe prod forthe year to dat and for 032 ose 02 osr in previews yea (not annualized) [if sitters fo secon sb[ESTER INDUSTRIES LIMITED [REGD. OFFICE : SOHAN NAGAR, F.0. CHARUBETA [KHATINLA 262308, DISTT. UDHAMSINGH NAGAR (UTTRAKHAND) ‘STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDING ON JUNE 30,2015 e (es Intec Imo Taree months | Preceding Taree | COeSPOMIE | Previous Year leatcsars ‘ended ‘months endea | Toe mon ‘ended Bou | ScMaras | —30un- 14 | SENS [x | PARTICULARS OF SHAREHOLDING 1 [Pubic Sharcolding Isambe of Shares sai7sss6| —n4assse| —7ssoz6t | 17.05556 [Percentage of Sharboldng 45.78 27424 28.02% 27 82%] 2}Promotrs and pone group Shareoding a) Pledge! Encumbeed [Number of Shares wu} nil nil nil Percentage of hase as % ofthe total sharcolding of promoter and promot} 00 00 000 00 Ju) [percentage of hare (as 4% oft share capital ofthe Company) 00 0.00 000 oon lyon encumbered [Number of Shares 45218203] 45.2103] asoos.aos | as 21203, Percentage of shares (a 2% ofthe ol sharcholding of promoters promoter ion too 100% 100% run) Percentage of shares (2% of otal shar capt of he company) sazay] naw) noe nis) (Paricuare [3 Months ended oa] [June 30, 2018 8 |NVESTOR COMPLAINTS Pending atthe begining of the quarter wi Recsived during the quer 10 [Disposed af during the guste 9 Remaining uneolved the end ofthe quar L Notes: 1 The above ress forthe quarter ended Jne 30,2015 have bon reviewed by the Audit Comite and have been approved by the Hoard of iron tthe sncting Held on Joly 27, 2015. 2 Previous yar previous period figures hae been regrouped /relasied to confem to uret prod classification, 3 Figures of receding quer are the balancing figures berween audited Heures in respect of he fl ear ended March 2015 and published yea to dt reviewed Figues up the hid quer ended Deceber 31,2014 ‘400 May 25,2015, te Board of Directors approved the alten of 2,750,000 Eguty shares of Rs Seach ill paid up at rice of Rs 10.10 cach inetd premium of Rs 5.10 each pursuant o conversion of 2,78,000 Zero Coupon Convertible Warts ("he ware") of Rs 10.10 east Non-Prome ny in omlisee wih te Companies Act 2013 and Seurities Exchange Board of India (SEB) Regulations The Company had slreadyobninedneceseary approvals fom the Shachades, Stock Exchanges and Foreign Investment Promation Boar FIP), '5 Company has intted the process of eomponenston of Plant & Machinery and assessment of wef it of varios items of Fixed Assets spre ‘equiement of Companies Act 2013. Pending completion ofthe said exercise provision o Rs 50 lakhs eth est etimate ofthe management has een ‘ake a addtional depreciation i thse united nancial reel, Yor ESTER INDUSTIOES LIMITED — canvinidixaHanta) (CHAIRMAN & CEO Place: New Det Date: Sly 27,2015SEGMENT WISE REVENUE, RESULTS AND CAPITAL EMPLOYED [FOR THE QUARTER ENDING ON JUNE 30,2015 (is ina uated (4s | Corresponding Unaudied ined inote| Three mouths | Audited Paricaars Seow rests) | ended | Ounrerended| Owarterended_| Quarter ended_| Your une 30,2018 | Mare 3, 2018 [June 30,2016 | Maveh 31,2073 [Segment Revenue [2 Pobeser Chips Fim in3ss30| ——as30sas] nis 72306 1] Is Engineering Pic 374099 450703 405466 173304 [Nesaieincome From Operations Tbe | eases | asresr| ——waare Segment Resuis ‘Pf (ls) eft wd inet ls. PoljeerChip Fim awa Lames sna essn24 l> Engioaring Pastic 19906 ‘a7 ‘0820| Laas frou 2nsai} 2st ars ass} les: terest suas 092 sess zs I: ther snatocable expendi ed of om Unallocbencome 11907 113203 4683 68859 [Tova Pra ene Tax ran ES Ta ea B. Capital Employed (Segment asses Segment Libis) fa. Pajese Chips Fim sas} senses] ssz6701 0s [> Ergieeting asic 1889 ‘19822 9994 i982} le_Unatctes 778130) ogee] 0.7815] __ 00083) fro asasts] 2729805] rasa] ——21,298.9 For ESTER INDUSTRIES LIMITED Place : New Delbi (ARVIND SINGHANIA) Date : July 27, 2015 CHAIRMAN & CEO. (Bf eerie’: Lf inet,