L. N. MORE & CO. hone: (971 281013, 2911734 Chartered Accountants Fax: (0671) 2310563 Canal Road, Professorpara, Cuttack - 753003, LIMITED T We have reviewed the accompanying statement of Un-audited Financial Results of Orissa Sponge Iron & Steel Limited for the Quarter ended 31" December, 2014 except for the disclosures regarding “Public Shareholding” and “Promoter and Promoter Group Sharcholding” which have been traced from disclosures made by the management and have not been audited by ws. 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 these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, “Engagements to Review Financial Statements” 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 financial statements are 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, ‘Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of un-audited 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 including the manner in which it is to be disclosed, or that it contains any material mis-statement”, For L.N.MORE & CO. Chartered Accountants, (L.NMore) Partner Membership No.01 1485,‘ORISSA SPONGE IKON & STEEL LIMITED 'UN-AUDITED FINANCIAL RESULTS. [FOR THE QUARTER ENDED 31ST DECEMBER 2014, % Rs tact Famine ‘Quarter ended ‘Nine months ended] [Year ended] HALO H.O8ION —STIRTOIS MARDI B1.A8207S 1.082018 (Craudted) (Caenuited) (Cnandited) (Uraudited) Un-audited) —(Anuited) 1, nome fora Operations a) Nesales/ineome om operations Net of excise duty) 1) Other opertng income “etal income from operations (net) 2 Expenses 8) Cost of materials consumed 15) Change inves of stock in wade )Enplosee benefits expenses Depreciation (9) Power and fel 1) Oiter Expendinre 2) Toul Expenses (abicidte 1) 3 Prot (Los from Operation before Other Income iniest S Esepionl items (1-2) 4 Othernsome 5 Operating Profit (Las) before Interest & Exceptional tems (34) 6 Finance oss 7 ProfLos) fer interest bt before Exceptional items ($6) 8 Exceponal items {9 ProfuLas) fom ordinary Activities before Tax (7-8) 10 Tax Expenses: (Caren Taxes Tax for ero ears Defened Tans 11 NerProf=)Less-) fom Ordinary Activities wir Tex (S-10) 432 Beaorinary items 13 Nec Protoss fer the period (11-12) 14 Paid-wp Epity Share Capt ( Face abe par sare Re.10/-) 15 Paidup Preference Share Capital (Fe valve pr share RS. 10) 16 Reserves excluding revatio reserves 17 Eamings Per Share -Basc & Dited (Not Aanualsed ) 2) Before & afer Extraordinary tems - Basic 1b) Before & afer Eximordinry items - Diluted ‘A PARTICULARS OF SHARE HOLDING 1) Publi shareholding 3) No. of shares hy Percentage of shareholding 2 Promoters and Promoter Group Shareholding 1) Pledge Encumbered ‘Number of Shares Percentage of Shares (a6 2% ofthe total shareholding of promoter and promoter 099) Parentage of shares (a 8% ofthe otal share capital of the ecmpany ) 1b) Noweacumbered Dumber of Shares Porcntag of shares (a 24 ofthe total Saroing of pret adpmee pop) 43173668 13239 417 3668 O90 13239000 2709099 Odd aR 28487150021 SLT 6646364808526 10830228 82 lai7 14s 1318 $302 587685 4231___9099 662225192 2247556436 “49.09 460,79T124 13908 ons 2348.75 (40592) 241) LIB124) 119665) (260288) 2360.64) 19491934 456 s717__ 2008 ss ‘Gis.4s) GOAT) UIB638) (1149.48) G362.80) 50497) 127995 1240.16 __1118.08 __3688.85 325257 4609.47 T6S7.38)(UeHE3) GHEE) GRSE.IT)(SRSSIT)—(69IE AA) Ty Gs Ga) GaII GeE S645 534707602 1.5087_2aoRaE 2785.19, Tios3.95) 111023) C4850) (830958) (342689) (4129.25) Tomas) ites) TES) GHB) GES) _gID8IS) 2700.00 27000 «270000 2700.00 270000 700.00 2000.00 2,000.00 E 2000.00 : 22,620.80 40549) 226) 26) 829) 05) 4) S49) 236) (1269) 1828) 19157067 19157067 19157067 19157067 19157067 19157067 yoss 7098 7098 7098 7098 7098 22000 29000236000 220000 236000236000 281 281 300 2s 300 3.00 ast ost os? ost ost oat 7622933 1622933 1606833_T672933. 7606833 7605833, 720 97.20, 95.99 9720 95999699 m3 2s 717 kT1B NVESTOR COMPLAINTS 3 months coded 31.12.2014 Pending at the bepaning ofthe quaner NL Resched during the quater 2 Disposed during the quate 2 -Reminingunreslved at the cad ofthe quar NIL 1. The above results wer taken on reord hy the Board of Directors he meeting held on 13 h February 2015 2A te company's business atv falls within a sige primary business segment, we"ron & Stel” the disclosure ‘eureent of AS-17 “Segment Raping” issued by ICA ae not applicable 3. Product and plant operations remain lose during he quate. ‘4. Deferred Tax has ben ecognisd inthe above Financial Resuls. ‘Depreciation on Plant & Machinery has not ben charged asthe plant remains closed 6. Thener wonh ofthe company has besa erode as on 31.12.2014 7. Previous quarter /perid Bgures have been regrouped and reclasiid wherever require For gay on bel ofthe Board Place: Bhuboneser, axe 13h February, 2015 [px stohaasy ‘Vice Chain & Managing Director