EOLISECI7950 February 9, 2016 OIL & GAS BSE Limited Department of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street emia sakes a- ‘Mumbai - 400001 (Stock code - 500134) ‘thor, Tower 2 ‘ot Banca Wala Comex CaS Mag Kuta (0 National Stock Exchange of India Limited aura boo Exchange Plaza, Plot No. Ct, G. Block ina Bandra-Kurla Complex, Bandra (East) cope tty Marr Mumbai — 400051 (Stock code ~ ESSAROIL) Critenqur9sePLonse1 16 Sirs, 1 +91 2060 som F Ser azarceates sakcomeanysecG@essarcom Sub.: Meeting held on February 9,204620i-0% This is to inform you that at a meeting of the Board of Directors of the Company held today, February 9, 2016, (commenced at 02:30 p.m. and concluded at 04:47 p.m) the Unaudited Financial Results for the quarter and nine months ended December 31, 2015 were adopted. Enclosed please find the unaudited financial results for the quarter and nine months ended December 31, 2015 prepared in terms of Regulation 33 of SEB! (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with a copy of the Limited Review Report dated February 9, 2016 received from the Statutory Auditors, M/s. Deloitte Haskins & Sells, Chartered Accountants, Ahmedabad in respect of the said Unaudited Financial Result. Aiso enclosed the press release made on the above unaudited financial results for the quarter and nine months ended December 31, 2015. Please note that the trading window was closed with effect from February 2, 2016 for the above purpose. Kindly acknowledge receipt. Yours faithfully For ESSAR OIL LIMITED fever SHEIKH S SHAFFI ‘ COMPANY SECRETARY ec: 1) National Securities Depository Ltd. 2) Central Depository Services (India) Ltd 3) IDBI Trusteeship Services Ltd,, Debenture Trustee 4) Overseas Depository to GDS, The Bank of New York Mellon 5) Datamatics Financial Services Ltd., Transfer Agent. epee ten Acss: xh, Pas Boca 24D Devan De, Gua. 961 eh vovamo oman Fost axon STEEL | ENERGY | INFRASTRUCTURE | SERVICESa ESSAR OIL LIMITED =" fag Oo: kamal ot Pst No. 2,0 Der Ona 361305 Cara Tol atomoebet, ar tt 2085200, eee nm esaaco 9 Ema esteem Copley be NG PCT 5 nom on [Wine months ended on | Year nod on | HeaRIOIS | soaez015 | FAzae | st-ez0is | 31-1204 | a103-20I8 nauates) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Audited) 7 acoso rsa ps ee mi] am] ae] man] we] a Sonera ma fn | | | a ecm am pce vese| an] as] ar] wan] alison Got emcee st bb tye) ere] sar] a] sa ienscetaton tire] 36] 8a) Safe Sentemaacatssiqassanoomyesan| ml alae] a] aby mets ern nf pf af] Suey orig oe tw] as] af Ogre Arent oes el 7 | ow) |] Se 9} Other expenses (See sr. 0. 9 below) 7 sr, 561 2.024 1728 2436) toes em) ana] vena] aa] {3 [Profit (Loss) from operations before foreign exchange loss ! (gain), jother income, finance cost and exceptional item (1-2), a = Lal ave es ae «fone name ces] oo] asta] a) SP gewstonaray atid ongnncres| sg) aie) aser] ares] | ae sfc econ el ee + pestenn os] te] Ss] ua] at] aa «anna tit eon | SF SO) eS s enaptnton etn) wl ow % (Refer note 5) 301 438 592 738 502 918) 10 ti dsm ray est (65) ||) aa] 1 ers pearontemtes : e| 12 epson nyt tru 6-1 w]e] ow] 1 open oacpa ceva rsd vast) va] vasa] tat] veo] a 1 emt tg tse pe aes Ste posses ae 15 |Earnings per share before and after extraordinary items {in B) Basic (Not Annualised)* 281, 1.39) 038 nat ez] 10.50] Diluted (Not Annualisedy' (Refer note 6) 2st 138] 08 nat 674] 10.48] cogent Ra, Rt xed 5: Pons carats nt son — [To ne ‘ Tas Peat wae | ewe | sea | aoa Wnaudted) | (Unaudited) | (Unaudited) | (Unaudtas) | (Unaudited) | (Audited) 7 [Segment Revenue Reting and ating roast] 13.180 masi8 woase| 6768 e326 Esplaaten ana potion stites 1 1 3 a “ 7 Uratoates 3 si 2 60 3 ‘| Total Segment revenve Taser | apo Et a Eas] 2 [Segment ResutsProft(Loss) ele terest and ax ens and manag et 6 ca 2st 2.188 387 Eslraton and production aces Bi | 1 | a a ata 140 3] 1 (229) (2) ars] rat 48, 4 8 1888 7576 2064 Les nerestexpenses a W co 1501 "ie 2302 lh: nicest income st 18 a 1128 5 78 lh: Proton sal ofiesnens 1 2 1 “4 1 2| lat: Cretblarces wien tock wie back of abiies ‘| 4 4 24 i 2 Hott Prot Loss) efre tax a 201 @ We oe Tat 3 |Captal em ynent assets - Segment abiltis) etn ns aa zasie| 2590 ate] 5806 zeo0 Escapr seactucey, tes he 403] 3858 98 ‘3464 3580 naa aN 713 7 aco = roms Capi eaNes | —_/ ee Hee] aro Ta v eager a Tawa Page 1082Notes to standalone unaudited financial resuitsfr the Quarter and Nine months ended on Decamber 3, 2015, 41 The abe esus have been reviewed ty the Aust and Rsk Management Commitee and approved bythe Board of Overs a ok meetings bald on February OB, 2018 a Fobary 8, 201 respecte at Mumba. ‘The Company has reaved ape for desing ofits eauty shares fom he Nala Sock Exchange fra Led and Bombay Sock Exchange Lined. Trang i shares the Company wil te sconinus rom Febuary 10, 201 apd the shares willbe deed elloctve fom Febuary 1, 2016, ‘The planed shutdown of the Refry which commenced on September 18, 2015 was compl ad the plan was related on Ober 17,2015 There was no produston dun) tis period, Hence th trougput for te quar and Ni mort ended on December 31, 2015 was lower a 4.24 WT (lion Matic Tonnes) and SEB MMT respect ‘comrade prev prods, The hcughpt or vanus pods areas under Pasco ‘Gre ended on Tine mons endadon | Yearendadon seas | semis | aaa | aipz01s | stezM | 31032015 rcpt wa 42 4a 5 1308] 1537 2a Tw eens eating to the sutdown bing exceptional nau, have been dsconedsaparaely nth pts which they were neue, 4 Based on istusion recived from Hdnsty of Peceum & Natural Gas, Goverment of Ida (NOPNG), ian reiers released cen payments fro imps fo Kan ie tances, which could rote previously pad on account of certain resticions. The Company has according to date leased payrens of USD 1,969 lan. n accordance with terms ofthe concact wih th ol vendor andthe 1HU between MOPNG are Cental Eank of rn, the Comany srt lable efron exchange vanators and eres ater fl ret prod due to ron avait of ayent chanel arkng out csuch estan. The restesons hve been ted on Janay 18,2015, however, baking anne are sl no fuaiable and the sched of payment is preven under negotiate. I respoct of he aleresaid payments made so fa, fe negate exchange variation of ® 284 cares (na has no sn reckcned i inte stalerent profi an loss sce the sare wl bo asd subsequent aymens. Tho olstangn payable of USD 2540 lin as on Doce 31,2078, hn acerdance wit AS 11 on The eet of changes in oreign exchange les’ teen sated at ihe contracted cals, wich elt the amount a whch the iil Ika oe uma stl, xceptonal fem rlue sbnorral invent icsse cnsoauent pon the moh on month step 2nd ngrecedentd fin the global pies of crud cl, ring those periods ‘The Company hot raciad € 1.501 core (USD 246 ilo) a8 advance towers Global Depostory Shares GDS") dung the yer edad Man 1, 2015 fom Essar Ener Hotings Lied, a Promote Conpany. The Conpany sin te process completing relevant fomales for alien of eeu a has not costed te sre for cleuatr of ued earring per share sce the number undeiyng shares or GDS has not presently been detemmined 7 Depretion( Amortisaionexpersas or he quar an rte months ended December 31,2014 inde, napordance wth Acsounng tandas 6on Depreciation Aosuntn| acjusimet of sul rng on r.compulaon of dapeciaton consequent oa changein mth acing depreciation ands heeore ot comparable weh he charge fi cerrespanding periods Previous peed faues have been regrouped /etranged, wherever considered nessa By Oar of e Boas ForEssar Ol Lites Ayah Plase Mumbai Lat Kiba Date: February 09,2015 Marasng Dict nd hie Executive Ofcor ase register your eal address wi the Company to receive communicaons including Annual Report electronical. To regio, nly vk ie Company's website at www e58aroico.n or wie to eolnvesore@dsl.com Payez0r2