PATAN}(qR

& ASSOCIATES
Chartered Accountants

Office No. 19 to 28, 4th floor, ,Gold Winos'.

S,No. 118/A, Ptot No.543, Sinhgad Roa-d,
Parvati Nagar, Pune - 41

1O3O

Telefax: 020 - 24252117 I 24252118

email : sanjay@patankarassocrates.com

REVIEW REPORT TO THE BOARD OF DIRECTORS OF INOX LEISURE LIMITED

We have reviewed the accompanying Statement of Standalone Unaudited Financial Results (the
"statement") of Inox Leisure Limited (the "Company") for the quarter and nine months ended 31st
December, 2015. This Statement is the responsibility of the Compan'y's management and has been
approved by the Board of Directors of the Company. Our responsibility is to issue a report on the
Statement based on our review.
We conducted our review in accordance with the Standard on Rerriew Engagement (SRE) 2410,
"Review of Interim Financial lnformation Performed by the Indepe'ndent Auditor of the Entity"
issued by the lnstitute of Chartered Accountants of India. This stand;rrd requires that we plan and
perform the review to obtain moderate assurance as to whether the Statements is free of material
misstatements. 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 opinlon.
Based on

our review conducted as above, nothing has come to our attention that causes us to

as per
believe that the accompanying Statement prepared in accordance with Accounting Standards
Section 133 of the Companies Act,2013, read with Rule 7 of the Companies (Accounts) Rules,2014,

required to
and other recognised accounting practices and policies has not disclosed the information
of Regulation 33 of the Securities and Exchange Board of India (Listing

be disclosed in terms

which it is to be
Obligation and Disclosure Requirements) Regulation, 2015 including the manner in
disclosed, or that it contains any material misstatement'
For Patankar & Associates
Chartered Accountants
Firm Registration No. 107628W

(S S Agrawal)
Pa

rtne r

Mem. No.049051
Pune

Date: 4th February, 2016.

PATANl(AR
& ASSOCIATES
Chartered Accountants

Office No. 19 to 23, 4th floor, ,Gold Wings,,

S.No. 118/A, ptot No.543, Sinhgad noa"O,'
Parvati Nagar, pune - 41 1O3O

Telefax: 020 - 24252117 I 24252118

email : sanjay@patankarassociates.com

REVIEW REPORT TO THE BOARD OF DIRECTORS OF INOX LEISURE LIMITED

1. We have reviewed the accompanying statement of Consolidated Unaudited Financial Results (the
"Statement") of lnox Leisure Limited (the "Company") and its subsidiaries and joint venture
(collectively referred to as the "Group") for the quarter and ninr: month ended 3Lst December,
201-5. This Statement is the responsibility of the Company's management and has been approved
by the Board of Directors of the Company. Our responsibility is to issue a report on this Statement
based on our review.
2

We conducted our review in accordance with the Standard on Review Engagement (SRE)
2410,"Review of Interim Financial Information Performed by thre 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 Statement is free
of material misstatements. A review is limited primarily 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.

We did not review the interim financial results of one subsidiarV which reflects the Group's share
of total revenue of Rs. 3522 lakhs and Rs. 11074 lakhs for quarter and nine month ended 31st
December, 2015, respectively and net profit after tax of Rs 97 lakhs and Rs. 490 lakhs for the
quarter and nine months ended 31st December, 201,5, respective[y. This financial result has been

reviewed by other auditor whose report has been furnished to us and our assurance is based
solely on the report of the other auditor. Our review report is not qualified in respect of this
matter.

4.

on our review conducted as above and other consideration of review report of other
auditor (as mentioned in paragraph 3), nothing has come to o,ur attention that causes us to
Based

believe that the accompanying Statement prepared in accordancr-'with Accounting Standards as

per Section 133 of the Companies Act, 201-3, read with Rule 7 of the Companies (Accounts) Rules,
2014, and other recognlsed accounting practices and policies has not disclosed the information
required to be disclosed in terms of Regulation 33 of the Securities and Exchange Board of

India(Listing Obligation and Disclosure Requirements) Regulatiorr, 2015 including the manner in
which it is to be disclosed, or that it contains any material misstatr:ment.
For Patankar & Associates
Chartered Accountants
Firm Registration No. 107628W

(S S Agrawal)
Pa

rtne r

Mem. No.049051
Pune

Date: 4th February, 2016