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OQ Panchmahal Steel Limited Registered offic: GI Industrial Esa, Kalo 30, Oat Panchmaats, Cupra ‘nat taeeGnconaneatlcn, nee wv oaioratae an UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENOED ON 2006 2015 Gite ened en Yer ws =: acute wom | sioszTs | ISDA] AS ne Unaetied | unated | Uris | auates mara Tb ma + | name tom Opens (Net Exe Di Cr | oer peng cone sis0| ax wa7e| rant tatncame rm Operatone eee] ware] srr] sn 2 lesen: 3 Chemesnvnes ct Fas Gots (vansa} sense] corr) mre 5 coat ieras Gomes "rases| sesee| east] asmnsn ¢ Erle eet gees eros] aezr| —8s|—etsm0 a: Depedton Amann Exe awn] 2am] 20] as Foran Fon sauers| 25:0] ramco| aaa 1 anc Exess teem] soor9|sroor] 21 Jo, Oner Ene woes] ios| —_aiese| raat ot xpenes aso] are wooo] — arian 3 |pcttom opto bese Omer rome & Fane Cst coon] — asses] — evar] —vo900 & [oter nome est] 2433 saat] uae 5 [orto eee moo] rzez]— owoar|zsuan § |reace co mia] z0s| 92] 18556 7 [pet ato iy Ate tte Tax man] csasr] ase cra] 2 |esenioalEeornay tone ‘37 21033 8 [prt Loe eto Tax cma) osm] 2050] gone) 10 ft Exe 2 Fonsn Car Tat ese ase MAT Ct xen, oe Dot Ta ames} ston) tres] ran) 11 fet) es ore ps Grea] nies] esre| 98) 12 fpatup aay Stow Ci Fo al i) toms] wast] wnat] seat 13 ffenestr Reon Renee 75 14 lessee Ear Per ar rotons en) 10] cas) 1 lpm ot Snrtaing = * [ptesnewninn ae ef St soura| ssarmr| eases] esa Pecan og maze] is] kas] 2 | umes snsPaenm: ius Shcng Pent rent nce Stars sarave| eco] crat0| are Peuroge 'Stes(aso%Tbl Shanti ofPometrs | meas} seco] seat| a Pam Ges) Povoogn iSheslasa%ctTl Shaw Cataltte Corsa 2554 ask a5ak| ast bran Erato Nan ef Se retary] renaaa} roses} rea PocenanectSrs(asa Yet Ta Shot fPomoers | 6i74 —ciza] sts] Pram Gen Poca casas Yot Toca cnet Compan] aizi| ze] oar] __aas, 2 [ever Compas arr deo DJ TS Pray fe png aa mH acved ts eer ™ eeeesea tars Mt Forage ote tea Nt a Deten SnAg. 2, 2h Line Rew ese rete ean cari ob fe Sry Conary. 5 Prva quanta ues ve ees whe ry 2 rte ne oad MARA pace. Vadodara sok aol baw _osonzts ian nage S. PATEL & CHARTERED ACCOUNTANTS Soniay , Ptel Rojesh Pate! 106, Anurog Commercial Cents Jyotinde S, Potel R. C. Dut Road, BARODA.390 007. Nitin Pt Phone : +91-265-2353297, 2333698, 3057672 Kolpesh Pormar Fox -+91-265-2336738 Chirag Soni Email : conlact@irspatel.com REVIEW REPORT TO YARD RS OF PANCHMAHAL S' LIMITE! HE QUAI ED 30" Jur 15. We have reviewed the accompanying statement of unaudited financial results of PANCHMAHAL STEEL LIMITED for the quarter ended 30 June, 2015 except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from the disclosures made by the management and nave not been audited by us. This statement Is the responsibility of the Company's management and has been approved by the Board of Directors / Committee of Board of Directors at its meeting held on 05.08.2015. Our responsibility is to issue a report on these financial staternents based on our review. We conducted our review in accordance with the Standard on Review Engagement (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 wivether the financial statements are free of material misstatement. A review is limited primanily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 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 with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and "Promoter and Promoter Group Shareholding’, including the manner in which it is to be disclosed, or that it contains any material misstatement. For J.R.S. Patel & Co. Chartered Accountants Firm Registration No.107709W a -& . Place: VADODARA (Nitin Patni) Date : 05.08.2015 Partner Membership No.15612 Branch Office Ajoyeep Ath Flot, 240, P Nerimon Sheet, ot, MUMBAL-400 001. « Phone : 22611001, 22621248 « Fox: 022-5635 3410

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