otonee marron aT [] = Hes | eee | eee | PeSeieectetaweseles | mel mn] cel toe lv er crete | a8 1 nm a = 2. = one wen) twn| me] ee ae | ad el oan [ae oa [ ae 4 costs and —ea o2 ne os] | eee oes a sl ‘| foe | + peacereoeer i a] — a] aameeeatal a Fee | P| | a eal ie) oe) [Sr cenhaat «| imaoaarrnaaeaarare.w | reve] see] an | [eee totter | ol RRR — rote wer= svcaie | cies | inc fo ee | / | un ae melee =| eof | Se] | | | [emote eyQ KESORAM INDUSTRIES LIMITED Regd. Office : 1, RN. Mukherjee Road, Kolkata - 700 001 ‘Statement of unaudited financial results fr the quarter ended 20th June, 2018 approved by the Board of Directors on sth November, 2018 afer review thereof by the Audit Committee} Statement of Segment Revenuo, Results anc Capital Employed fs Crores [ Current Proceeding | Previous Year Three Tiree | corresponding | Previous montis | months | teemonths | Year nded ended ended ences si Particulars soinero1s | aoazors | soresnote | s1osiaots (Unausited) | Unavates) | (Unausites) | (Audited + |séernant Revenue | 2 free 5213 saa raze] 2.8048 »» {coment sa0st 2065 ase) 201660 «© |Rayon, 1. and Chemicals onze nist 5870 258.89 6 |Unotocates 0 000 To os Les: er Segment Revert cst) : : Net Salas income fom Operators cases [aor a] tan | a 2 Regma Rae PORTS) a fives ere) 28) 219) 7640) » [coment sor wie 4018 ast © |Rayon, TP. and Chamico's ar) 29] 021 er] 6: [unatocotes 99) 07 (109), 4.10 rot 378 2033) Goon] e059) tees: |p iacrest see ‘s082 14383 676 in omer un-stocade expenditure war 76 a0 T3078 In) Otnerun-alncade income 156 $5450 1653 sana6 Ste un-otocable expenctice ret of ther \ratocae coma] oi] aor] 4738} 50065 Lr! roficoss) sear tax Taare] | ea) 7 Eamon (Seamed Asst Segment ities) 2 [tyes soorer| —rarses| 924510] 147168 » [cement sarrsa| ssersa) —ssen03] 16730 «¢ |Rayon. 7. no Choma 10868 too eas? 1691 4 [unatocstes 1832 o7 ‘19 1817 Lott zane} area | aseas | 336808] 304KESORAM INDUSTRIES LIMITED Statement of unaudited financial results for the quarter ended 30th Juno, 2015 (Approved by the Board of Directors on 6th November, 2015 after review thereof by the Audit Committee ) 41 The Companys Spun Pipes and Foundries Unit continues to be under suspension of work effective 2nd May, 2008, 2 (a) Pending disposal (consented by the shareholders in March, 2006) of the Gompany’s Hindustan Heavy ‘Chemicals Unit the revenue / expenses ofthe unit (insignificant in terms of the Company's total revenue / expenses) have been and wil be included in these and subsequent results tilts disposal) (&} The Company had to declare suspension of work at the unit effective Sth December, 2010 in consequence of illegal strikelactvites by workmen, 3 The Company hed transferred ts automotive tyre manufacturing facity at Laksar, District Haridwar, LUtarakhand, asa going concern on slump sale basis, toa subsidy. Pursuant tthe execution of @ binding term sheet dated 12th September, 2015, Bohwaen the Company ‘subsidiary and the JK Tyre Group, t was agreed that the company would transfer ownership of such Subsiiay to the JK Tyre Group at 2 consideration of Rs 2195/- crore and had credited an amount of Rs 408.20 crore, being nel consideration receivable over and atove the carrying value of the Laksar ‘undertaking, to" Exceptional Income * in the statement of Profit and Loss for the year ended 31st March 2016. The ‘Cosing Date” of such transaction was agreed to be taken as 3tst December, 2018, by all the parties beyond which ether party had the liberty to terminate the contract. 4 The Statutory Aucitors of the Company have carried out the Limited Review of the above unaudited financial cesuits forthe quarter ended 30th June, 2015 in terms of Clause 41 of the Listing Agreement §5 Figures for the comparable periods have been re-grouped /re-classiied wherever considered necessary. on as Place: KOLKATA K.C. Jain perok aeaslioe ee CIN: LiTHtaWBr9TEPL.C003429 | Phone : 039 2243 5463, 2242 9454, 2248 O764, 2213 0441 | Fax: 033 2210 9455 Email corporateg@kesoram.net | Website: www kesocorp.com Page 4 of 4Price Waterhouse ‘Chartered Accountants ‘The Board of Directors Kesoram Industries Limited 9/1 R. N. Mukherjee Road, olkata- 700 003, 1. We have reviewed the results of Kesoram Industries Limited (the "Company") for the quarter ended June 30, 2035 which are included in the accompanying ‘Unaudited Financial Results for the Quarter ended 3o June 2045" (the “Statement"), except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the Management but have neither been reviewed nor been audited by us. The Statement has been prepared by the Company pursuant to Clause 41 of the Listing Agreement with the Stock Exchanges in India, which has been initialled by us for identification purposes. This Statement is the responsibility of the Company's management and has been approved by the Board of Directors/ Committee of Board of Ditectors. Our responsibility is to issue a report on the Statement based on our 12. 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 ‘whether the financial statements are free of material misstatement. 3. 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. 4. We have only traced the disclosures regarding ‘Public Shareholding’ and “Promoter and Promoter Group Sharcholding’ in the Statement from the disclosures made by the Management and are, therefore, not expressing a review opinion thereon, 5. We draw your attention to Note No 3 regarding the transfer of the Automotive Tyre Manufacturing Unit at Laksar to a subsidiary company on a slump sale basis vide Business ‘Transfer Agreement dated March 26, 2015, consequent to which exceptional income of s.409.20 crore was recognised in statement of profit and loss for the year ended March 31, 2015, Subsequently vide a binding term sheet between the Company, its subsidiary and the LKGroup agreeing to sell investments in subsidiary to the J.K.Group dated September 12, 2015 the Company intends to sell its investment in the subsidiary to the acquirer for a consideration of Rs 2195/- crore. The elosing date of such transfer is December 31, 2015 and. fn the eventuality of such transaction not being complete within the aforesaid date, the parties can terminate the term sheet. Our conclusion is not qualified in respect of this, matter, Price Waterhouse, Plot No ¥'14, Block BP, Sector V Salt Lake Flectronie Complex, Bihan Nagar, Kolkata 700.03! +01 (43) 2357 9260. +01 (39) 2457 7600. F491 (99) 2357 7496 Pit cP Sart aa eon Cone Ran ag Kata -70081Price Waterhouse (Chartered Accountant 6. Based on our review conducted as above, nothing has come to our attention that causes us to telteve that the Statement has not been prepared in all material respects in accordance with the applicable Accounting Standards notified pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 333 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014 and other reoognised accounting practices and policies, and 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 misstateien For Price Waterhouse Firm Registration Number: 3011125 Chartered Accountants if ys pea Prabal Kr. Sarkar those, Pome varner ‘November 6, 2015 Membership Number 52340