KANSAL S1NGLA & ASSOCIATES

CHARTERED ACCOUNTANTS

SCO 80-81, 4th Floor

Sector 17-C, CHANDIGARH -160017

Ph. : 0172-5078401-02
Fax : 0172-5072903

Web site : www.cakansalsingl^.com

REVIEW REPORT TO THE BOARD OF THE DIRECTORS OF

OSWAL OVERSEAS LIMITED.
Dear Sir,
We have reviewed the accompanying statement of unaudited financial results of Oswal
Overseas Limited, New Delhi for the period ended 31.12.2014 except for the disclosures
regarding "Public Shareholding" and "Promoter and Promoters Group Shareholding"
which have been traced from the disclosures made by the management and have not
audited 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 repor
t on these
financial statement 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 Char
tered
Accountants of India. This Standard requires that we plan and perform the review to
obtain moderate assurance as to whether the f
inancial statements free of material misstatement. A review is limited primarily to inquiries of Company personnel and analytical
pr
ocedures applied to f
inancial data and thus provides less assurance than 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 the other recognized accounting
practices and policies has not been 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 KANSAL SJ

A & ASSOCIATES

^t^red Accountants

^bf
i.K. KANSAL)
f
Date: 02.01.2015
Place: New Delhi

"Partner
M.No. 080632

FRN 003897N

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t^i-f f$t!^S>w-SfiKr
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llefji!.0ITice:7i.TnI
Unaudited Fi nncinllicsulr-,foi-Mi qua ClC11( cdJlnDemi ber,2OI4
Correspond
Particulars
H
i
din
andod
U20131
31i1i(20iaj
yoar

(11,in Lnklis)
PcouIoji
'orlodonded

1750

073.83

3205.09

1 a^.11)

13D8 28

54Q.01

1,200.19

16.-I1
01.80
B9.B2
548

26.66
85.21
ifl.ss
538

oa. 7
:7a
170
I.4S3 31

SB.74
274.09
U9.B1
1.339

102.3B3
30J59
378.8B
3.990

fnCP0'mal|'r,'l Qt0a'ndE"g0t'0'C'e Other

(370.30)

(805.39)

(7B4.42)

10.11
(338.19)

I 2-1.12)
1.TT
( :;.38j

20)

4.OlhorIncomo

2.0
(TOO 54|

40.85
(02*52)

4.82
(779.S0)

9.Interact&financialchargos
EKO^u'crnaMt'o"^'!^1]''"10'0"1

00.94
M27.U)

5B.55
( 80.91)

ioo
(60 TS)

199.71
(814.24)

237.37
11016861

B.EkcoiHIoiioeHams
Lu'.Moi*t
aroTuix'(7.S)0"""3

IJ27.141

I B0.S1)

(860 S)

(024.2*)

000
110109t)

i.la)NeiS8loB'locomo(romOBo allor*

1T2.09

(b)OlherOperatingIncomo
2.Expenditurew^^'C@'01'1'''10"1'' aOeand

53.00

c.Pujchaseo(tradedfloods
d.Empioyoojcost
o.DaproclBiion
1.OUinroxpondllure
g.Tola?

ptlonnl

lO.Taiexporwo
0)Cui-rontYoar(Provision)
b)EarlierYoars
c)DelierredTax
dlH.LCiadlt
ii.NotPfomcl'Losai-jfiom'O rjlnary

0.<jS
( 7.l^)

(Bog 75)

1024.24)

(1017.04)

( 7.14|

1 80.91]

(BSB 75)

(82*.24)

(1017.B4)

J6.110

840 1

848.110

04O11

WP@
1).NetProllll*)!LOii(-)lorihan rloei(11
(FacevaluaofIheShareR..10/- each)
15.Rc&arvoohcludlngRavaluallon
f otQiuosospdrt
i
alinco
EtirJDfdlnory(lamtlorIho
porlod.forUioyosrlodaloandf

onriuoiiioQ)
17.PublicShoronoiolnn
.No.o(thoioi
@PorcnrJBOofshareholdlrig
16Promoter,onapromdorgro p
Sho.onoldinD.1Pladvad/Incunb.csd
.fJurnbsrofshares
.Parcenlflfloofshares(aeuSof netotal
sharenoialngof

(15.751

(881)

(15.T5)

(8.61)

5.00)

1B32I0O
JS.11

183210O
15.11

ie22 00
15.

1822100
25.11

1022100
25.11

4638930

838050

483B 050

4B3B05O

4B3S950

74.B0

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T4.890

74.00

@PercentageoftharAS(asaSof """
b)Non-on=jmborad
.NumberofShares
@PercanUJQOofshares(atn%of helolal
sh^caXroMhe@10''0'''01 hotOIOl

SO

{Mnnaijmsf Dirccioi)

OSWALOVERSEAS LIMITED
RegdOffice: GrundFloor72,TaimoorNagarNewDelhi,Delhi-110065India
ReportingofSegmentWiseRevenue,ResultsAndCapitalEmployedunderclause41 oftheListingAgreement
(Amountin Rs-lacs
Three
Proceeding Corresponding Yeartodate Yeartodate
forCurrent previousyoai
months
3months
9months
endedon
endedon
endedon
Year

S.No.

Particulars

31.12.2014
(Unudited)

(1)
1. SeqmentRevenue
{netsale/incomefromeachseqment
[a) SugarDivision
{b)FurnaceDivision
('c)PowerDivision
(d)Unallocated
Total
Less : InterSegmentRevenue
NetSales/IncomeFromOperations
2. SeqmentResultsProfit(+)/Loss(-)before
taxand interestfromeachsegment)
(b)FurnaceDivision
("c)PowerDivision
(d)Unallocated
Total
(ii)OtherUn-allocableexpenditurenetoff
(iii)PriorPeriod Expenses
TotalProfitBeforeTax
3. CapitalEmployed
(SeqmentAssets-SegmentLiabilities)
(a) SugarDivision
(b)FurnaceDivision
('c)PowerDivision
(d) Unallocated
Total

212.20
-

31.12.2013
(Unudited)
(2)

213.81

31.12.2013
(Unudited)

31.12.2014
(Unudited)
(4)

31.3.2014
(Audited)

1,750.11

714.48

3205.09

3,205.0

(3)

212.20

213.81

1,750.11

714.48

212.20

213.81

1,750.11

714.48

3,205.09

(288.18)
(3.48)
(1.07)

(316.99)
(3.47)
(1.90)

(685.81)
(10.89)
(3.84)

(525.12)
(10.43)
(2.80)

(1,166.!
(14.01)
489.5'

(292.73)
90.94
43.47

(322.35)
58.55

(700.54)
169.21

(538.35)
199.71
86.19

(691.1

(427.14)

(380.91)

(869.75)

(824.24)

(242.88)
77.78
825.09
(1,013.801
(353.82]

(5)

(51.77)
101.01
334.50
217.40
601.14

(51.77)
101.01
334.50
217.40
601.14

(@242.88)
77.78
825.09
(1,013.80]
(353.82]

Mniijec* Singh
(Managing Director)

237.07
88.22
068
(1,017,66)

(498 51)
88;2
827J.89
53.85
470,.43

NOTES
The above Unaudited Quar
terly Financial Results were reviewed by the Audit
Committee and taken on record by the Board of Directors at its Meeting held on
11.02.2015.
Necessary provisions on estimated liability on account of Employee Benefits like
Gratuity, Depreciation and provision for taxes (including Deferred Tax) will be
considered in the Audited Accounts.
During the quarter Ended December 2014, no Investor's Grievance was received.
Further no grievance was pending at the beginning or at the end of the quarter.
Sugar, one of the major businesses of the Company, is a part of seasonal industry.
The result may vary from quarter to quarter.

The f
igures of the previous year/quarter have been re-grouped/re-arranged
whenever necessary.

Limited Review:
The Limited Review as required under Clause 41 of the Listing Agreement has been
completed by the Statutory Auditors. The Limited Report of the quarter ended December
2014 does not have any impact on the above results and notes in aggregate.

New Delhi
11.02.2015

for Oswal Overseas Limited

Manjeet Singh
Managing Director & CEO