offce indsil hydro power coimbatore - phone fax · the companies act, 2013 to the regisirar of...

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INDSIL HyDRo powER AND MANGANEsE LIMITED Regd. Offce : ''Indsil House", T.V Samy Road (West), R.S. puram Coimbatore - 64'i 002. Phone : (+51 l0) (422) 4522922, 23 Fax : (+9110) (422) 4522925 e-mail : [email protected] website : wwwindsil.com CIN : 1271 01T21 990p1C002849 14th August, 2019 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400001 Phone: 022-2272312I Dear Sir, sub: outcome of the meeting of the Board of Directors herd on 14.08.2019 regardrng Unaudited Financial Results for the quarter ended 30rn June, 2019. Ref: Scrip Code : 522165 *** The Board of Directors of th:^g:mfany at their meeting hetd on Wednesday, 14th Augusr, 2019 had inter-alia considered and approved the folloviing : 1' Unaudited Financiar Resurts (standalone & consoridated) for the quarter ended 30th June, 2019 incruding segment -wise resurts atong with the Limited Review Reporr pursuant to Reguration 33- of the sEBI (Listing obrigations and Discrosure Requirements) Regurations, 2015. The Financiar Resurts have been annexed as Annexure - 1. 2' Apprication seeking extension of time pursuant to the provisions of section 96(1) of the companies Act, 2013 to the Regisirar of companies, coimbatore for a period of three months upto 3lst Drecember, zotg ror hording nnnuar Generar Meeting for the year ended 31st March, 2019. The Board meeting commenced at 12.30 pM and concluded at 02.30 pM. Kindly take the above on recoro. Thanking You Yours truly FOR INDSIL HYDRO MANGANESE LIMITED lMt - S MAHADEVAN COMPANY SECRETARY & PLIANCE OFFICER Encl: as above Unit"l : Unit ll : Unit lll : Factory:VI -679, Pa atheri, Etapulty, pALAKKAD _ 678 007, Keraja. phone:(+91/O) (49j)2583501,502,503 _ Fax: (+9'1/0) (491) 25831267 E-mait : [email protected] Factory : Marakamudidam i,'randar, GARBHAM - 535 1d2, vizianagaram, Andhrapradesh. phone : 08952 - 28855s Factory:PlotNo:114-125&'128,sectorc,urlaIndushialArea]RAtpijn-aglzzr,ft,tattisgarh.phone:(91/10x771)4033047

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Page 1: Offce INDSIL HyDRo powER Coimbatore - Phone Fax · the companies Act, 2013 to the Regisirar of companies, coimbatore 96(1) of three months upto 3lst Drecember, zotg ror for a period

INDSIL HyDRo powER AND MANGANEsE LIMITED

Regd. Offce :''Indsil House",T.V Samy Road (West), R.S. puramCoimbatore - 64'i 002.Phone : (+51 l0) (422) 4522922, 23Fax : (+9110) (422) 4522925e-mail : [email protected] : wwwindsil.comCIN : 1271 01T21 990p1C002849

14th August, 2019BSE LimitedPhiroze Jeejeebhoy TowersDalal Street,Mumbai - 400001Phone: 022-2272312I

Dear Sir,

sub: outcome of the meeting of the Board of Directors herd on 14.08.2019 regardrngUnaudited Financial Results for the quarter ended 30rn June, 2019.Ref: Scrip Code : 522165

***The Board of Directors of th:^g:mfany at their meeting hetd on Wednesday, 14th Augusr,2019 had inter-alia considered and approved the folloviing :

1' Unaudited Financiar Resurts (standalone & consoridated) for the quarter ended30th June, 2019 incruding segment -wise resurts atong with the Limited Review Reporrpursuant to Reguration 33- of the sEBI (Listing obrigations and DiscrosureRequirements) Regurations, 2015. The Financiar Resurts have been annexed asAnnexure - 1.

2' Apprication seeking extension of time pursuant to the provisions of section 96(1) ofthe companies Act, 2013 to the Regisirar of companies, coimbatore for a period ofthree months upto 3lst Drecember, zotg ror hording nnnuar Generar Meeting for theyear ended 31st March, 2019.

The Board meeting commenced at 12.30 pM and concluded at 02.30 pM.

Kindly take the above on recoro.

Thanking YouYours trulyFOR INDSIL HYDRO MANGANESE LIMITED

lMt -S MAHADEVANCOMPANY SECRETARY & PLIANCE OFFICER

Encl: as above

Unit"l :

Unit ll :

Unit lll :

Factory:VI -679, Pa atheri, Etapulty, pALAKKAD _ 678 007, Keraja. phone:(+91/O) (49j)2583501,502,503_ Fax: (+9'1/0) (491) 25831267 E-mait : [email protected] : Marakamudidam i,'randar, GARBHAM - 535 1d2, vizianagaram, Andhrapradesh. phone : 08952 - 28855sFactory:PlotNo:114-125&'128,sectorc,urlaIndushialArea]RAtpijn-aglzzr,ft,tattisgarh.phone:(91/10x771)4033047

Page 2: Offce INDSIL HyDRo powER Coimbatore - Phone Fax · the companies Act, 2013 to the Regisirar of companies, coimbatore 96(1) of three months upto 3lst Drecember, zotg ror for a period

INDSIL HYDRO POWER AND MANGANESE LTD.Reg.!, Ofi: "ld.lsil House", f,V.Sany Roa.! (tyesq, R,S.Putan, Coinbatorc - 611 002.

PH.Na,U224522922, Fax No,U224522925, CIN-L27101I21990PLC002U9, Website : w.indsil.com: Email : [email protected]

STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 3oth JUNE 2019

l' in lakhs)

s.No.

Particulars

Quarter ended Year ended

30/06/20't9(Unaudit€d)

31t03t2019(Audited)

30/06/2018(Unaudiled)

31103t2019

1.

23

4.

5

6

7

16

17

18

19

20

8

't0

11

1'

13

14

t5

Income from OpemtionsRevenue from Operations

Olher Income

Total Revenue {t+2)

Expenses :

(a) Cost of materials consumed(b) Purchase of Stock - in - irade(c) Changes in Inventories of Finished Goods, Stock-in-Trade & Work,in-progress(d) Employee Benefit Expense(e) Finance Costs(0 Depreciation & Amortization Expense(g) Other expenses

Total Expenses

PrcfigLoss before Exceptional & extraordlnary ltems and tax(3-4)

Exceptional items

ProfltLoss before tax (5-6)

Tax expense

(a) Current tax(b) Deferred tax

Profitl(Loss) forthe period t,om continuing operation (7-8)

Profiu{Loss) from disconlinued operationsTax expenses of discontinued operations

Profiu(Loss) from discontinued operation (aftertax) (10-1,1)

Profit /(Loss) forthe period (9+12)

Olher Comprehensive Income

A. (i) ltems thatwil not be reclassified to profit or loss(ii) Incometax relating to items thatwill not be reclassified to profit or toss

B. (i) ltems thatwillbe reclassilled to profit or loss(ii) Incometax relating to items that will be reclassilled to profit or toss

Total Other Comprehensive Income forthe period{13+14) (ComprisingPfofit(Loss) and other Comprehensive Income tor the period)

Paid-up equity share capital (Face value of Rs.10l)Reserves (Excluding Revaluation Reserves)

Earnings per Equity Share( for continuing operation)

a) Basic (in Rs.)

b) Diluted (in Rs.)

Eamings per Equity Share( for discontinuing operation)

a) Basic (in Rs.)

b) Diluted (in Rs.)

Earnings per Eq!ity Share( for discontinuing & continuing operations)a) Basic (in Rs.)

b) Diluted (in Rs.)

1 5

4,017.79

410.73

4,545.41

578.05

6,396.39

199.45

21.427.73

1,215 57

4,428.51 5,123 47 6,595.84 22.643.31

2,252.74

53.06

(2s2.63)

334.65

509.49

155.03

1,345.82

3,454.73

(823.67)

(27.41)

266.69

588.00

150.19

1,242.03

4,008.76

(392.79)

308.89

448.58

153.65

'|,927.44

11.115.47

2,097.99

(139.91)

1.261.04

2.11937

61121

5.25291

4,399.20 4,850.56 6,454.53 22 31407

5.98

1.25

22.09

22.09

0.08

0.08

0.08

0.08

21.99

2,776.97

10)(0.

(0.01)

(0.01)

272.91

272.91

55.64

219.42

12.76)

{2.16)

{0.37)(1.05)

0.02

Q.a4)

(10.s9)

2,776.97

(0.01)

(0.01)

141.32

141.32

28.81

(46.54)

159.05

159.05

3.75

162.80

2.776_97

0.57

0.57

0.57

0.s7

325 24

325.24

66 31

213 2A

45.65

45.65

a.o2

(7.04)

38.64

2,776.97

16 270 29

0.16

0.16

0.16

0.16

Page 3: Offce INDSIL HyDRo powER Coimbatore - Phone Fax · the companies Act, 2013 to the Regisirar of companies, coimbatore 96(1) of three months upto 3lst Drecember, zotg ror for a period

l The above financialr€sults have been reviewed bythe Audit Committee at their Meeting held on l4th August 2olg and approved by the Board of Directo.stheir meeting held on 14th August 2019 and timited Review of the same is ca rried out by the Statutory Aud itors of the Com pa ny.

2 This statement hes been p.epared in accordance with the Companies (lndian Accounting Standards) Rules. 2015 {tnd AS) prescribed under Section 133 ofCompanies Act,2013 and other recognised accounting practices and policiestothe extent applicable,

3 The figures for the pr€v:ous periods have been r€-grouped /re-arranged wherever necessaryto make them comparable with those of current Deriod.

4 The format for unaudited quarterly results as prescribed in SEBI'5 circulat clRlcFDlCMD/rs|2o1' dated November 30,201s has been modified to comotvthe requirements ofSEBls circular dated luly 5 2016,1nd AS and Schedule lll (Part ll)to the Compenies Ac! 2013, which are applicable to companies thatrequked to complywith Ind A5.

5 The figures forthe quarter ended 31st March 2019 are the balancing figures betw€en the audited figures/ Ind AS restated tiSures in.espect oftheyear and the published yea r to date figu resl lnd A5 restated figu res u p to the third quarter of the relevant financial yea r.

/6 The Company has organised the business intotwose8nents viz Ferro Alloys and Power.This reporting complies with the Ind ASsegment repg4ing principtes.

Place: CoimbatoreDate : 14.08.2019

Page 4: Offce INDSIL HyDRo powER Coimbatore - Phone Fax · the companies Act, 2013 to the Regisirar of companies, coimbatore 96(1) of three months upto 3lst Drecember, zotg ror for a period

INDSIL HYDRO POWER AND MANGANESE LTD.Ctfi: "lndsll Hous€", t.V.Samv Road

PH,No.U224522922, Fd No.U224522925, CtN-L27iOtfzt99OpLCOO2B:t!r, W.bstte: wwwtnds .com; Emait :

STANDALONE SEGMENT REVENUE, RESULTS & CAPITAL EMPLOYEDFOR THE QUARTER ENDED 3oth JUNE 2O'I9

ll) Unallocable expenditure net ofother income (including

1, Previous period figures have been regrouped wherever2. Taken on record bythe Board of Directors attheir

Dt.( oi;r)9q+h

Page 5: Offce INDSIL HyDRo powER Coimbatore - Phone Fax · the companies Act, 2013 to the Regisirar of companies, coimbatore 96(1) of three months upto 3lst Drecember, zotg ror for a period

RAJA & RAMANCHARTETEDACCOUNIAMS

PHShIFS : 43?45S t, ??d65$l?2455t.l

PA/?rS€8S:E.R. NAJARAM, fcA. oI$A

X,I?, RAMAN,TC*(,R. MNGAI?A.JAN"rcn

}055I} I, GOW|HAM CENTRFFIRST FLOORAVANASHI ROADCOTMBATORE - 641 018Msil : f djdondramonogmqil.ccm

ri\tlgp€NDgt*T AUITITOR'* RnVrElV REPORT ON .rltr QUARTERLY IJNA|:Dt]'ljr]ST,,TNDALOND l'rllANCtAL rirsUlrs

T* Botrd r:f Ilireclors of lllllslt, [lY]R{} FO\}trR AND MANGA-ritrSI I.r}IITED.

l. &re havc revie\red {re attontp:tnying $uteme t of tnaudiiecl linancial resulrs oi lit:}Sll-lrYI)Rd) ?QWER AND jr{ANfi.dl*[sn LIMI?ID (.,thc conrpany"i, lor rhe peri*d rnt!.:ilJ$nc 30. ll)19 ('lhr: Siatccl*nt"), b*ing subrnitted by the Co:rpanv pul.,suani t9 the requirerlr{rll ,,K€gul{l icn ii of the SlLBl { Lisring ( }hligations and Dirc L,sure {lequfrcrni..nis} Regularions. ?0 I _i.as rniendcd.

f, -ffris skrement, *hic.h is rhe tesparrslhility of ihe Liornpinry's iVlanagcn*nr and lpprover] b1 ii:ril$srd of oirtclors h** bcen prepured in gccordrnce rvith rbE recoqnitio* ancl nreasurerncr'prlnciples laid dr:rrvn in rhe lndin* Aceounting Standnrrl i4 "interim Finnneial Rep|}rting', (.'lnilAS )4''). prescribed urde. lieetian l]j of *e Comp:rxic:r Ast. 30lj rrarl *,ifi re:eyaut nrl(,sissuetl thcre nd{tr artei olher accnuiting principles gene*rl!} aea*pir{, in h<.}i;r.. Our resptrrsihilrnis to issuc a r.-pon oti dtcsc ljnnncinl smtcmcnts brsed on orrr rer ier.r.

i. $* eonrlucted uur revicu' ri tl:s Stiltemea:t i* acei:rd;tncc \ritil rhu Str;dtrcl rrrr Rer i$.,E l*rtg$t*ctlls {sltL} ltll0 "Re,r,ierr cl tnterim final.:rial lnf0rinrtion Fcrl.onncri irv tlrrlndepende*t Aud;t.:lr {5f tlte f"ntity", issucd by the lnst;tuic r:ri {ihlnerctl r\ccourtaltr ofjnrli:r.This star:d:rnj tr:quires rhat rve plrm arril per{cnn dre I cvie*, lo abrain rrrr:deratc ajsuranr{. rs rirwhefief lhs ii allcial s(*Itntellls are fue gl n:aterill oti!i!a*n1cnt. ,4, rcvieiv is linritcd srinrar.ilrto inqrrirics ofcnnrprnl pcrsonrrcl und anlllticlrl pro;cr.trrn:s rpplir:d tr, finlrreial r-larl:nJ tl,l.l]a0yides lg$s iss*r*nce th0n ,rn {irdir. we hlya n$t pcrri:nuerr ar aur}ir ond arcordirgry, l,e ci,,lst {:Kprcss an atilit opiirion.

3' llased or our revic$' eatldu*icd as abr:ve. nolh;ng ll{s *ortre to our {{r€nl;on ilrlt cirns{j ,t L.believe that lhs sccomp*rrliing sli{ernent nf rur$iriJiled lilr:ncial results prepared i* ar{crrhn,.r.$'ilh applitattle $icorr'ltitlg rtandirrd:; $nd slh*f recognired ecro*riii*g prnctices ilnil p.lirits 1.rrnirr elisctrxed t1!s fijfoaneli.)n required t* be disclosr{i ir ler*rs 0l'Rcg hiticlr :j.l ol the sl:lililistifig oblig*fions *nd Dtsclosutt Rcquire&renlsJ Regul;rtin*s. ?til5 incluling r1e nrirlrlr :rr*hieh it is rn be dis!:los*d, $r tllllt it {:o*tainii any natrri&l ,lisstdlst}1{nr.

ict ii ', i.t, : ;;,r..1, .. .

il11,,- lii i i;; I i i'Ii..::i l] ::r-i, iiil:i} *::,1: ;,{1?:'*-'t

;,r..-.,i . 4''*-'Fii:Tiil,:: Iil. iir I :;ia:

Plnr*: Coim!.rtors

$lltc! '1"1'E

Augu$t, ?t) I tijlllN:. I9Sl 8?55AAAA gX3$? |

Page 6: Offce INDSIL HyDRo powER Coimbatore - Phone Fax · the companies Act, 2013 to the Regisirar of companies, coimbatore 96(1) of three months upto 3lst Drecember, zotg ror for a period

INDSIL HYDRO POWER AND MANGANESE LTD.Regd. On : 'h.!sr House.. T.V.Sany Road (Weg, R.S.punq cotnbatote - 611 OO2.

PH.No.U22422922. Fd No.U22152292t CtN+2710181990pLC0O2A,q Websno : wjn&ilc@; Enait : indsitho€,1n.l3n..onSTATEI{ENT OF CONSOLIDATED UNAUDITEO FINANCIAL RESULTS FOR THE QUARTER ENDED 3oth JUNE 2019

s.No. 30/06/2019 31tO312019 30/0u2018 31/03/2019

'L

2

3

9

t0tl12

13

15

20

21

5

6

7

I

t6

17

18

19

lncome rrom operationsRevenue rom operabons

Total Revenue (1+2)

(a) cosl of materials consumed(b) Purchase of Slock - in t|ade(c) Changes in lnvenbnes of Finished coods, Stockjn-Trade & Work,in- progress

(d) Employee Benent Expense

(f) oeprcciation & Amodizalion Expense(g) Olher expenses

Total Expenses

Profit before Exc€ptional ltems and tax(3-4)

Prolit / (loss) berore tax (5-6)

(a) cunenl lax(b) Detened lax

Net Profiv(Loss) lor the pedod from continuing opemrionProfiv(Loss) fron discontinled operations betorc ta.Tax expenses of discontinued operationsPronv(Loss) from discontinued operation (aftef tax)Sharc of Projit ol Associates and Joinl Venture accounted for using equ ry method

Ptolit /(Loss) ior |ne pedod (l?+13)Olher Comprehensive Income

A. (i) ltems thal wil not be reclassitied to proiit or toss(ii)lncome-ta( relaling to items thatwittnot be reclassitied to prolt ortoss

B. (i) ltems lhat will be rectassitied to p.olit or toss(ai) Incomeiax relaling to items thatwlttbe reclassiiied to prctit or toss

lotal other comprehensive income for the pe.iod(i4+15)(ComprisingProfit{Loss) and other Com prehensive tncome for the period)Net Profir alrributabte Io:

-Non-conlrolling interesls

Tolal Comprehensive income aMbutable ro:

-Non-controlling interests

Paid-up equilysnare capitat(Face vatue ot equity share c€pital)Reserves (Excluding Revaluation Reserves) as per Batance Sheet of previous year

Eamings per Equity Share( ror continuing opemtion)a) Basic (ln Rs.)

b) Diluled 0n Rs.)

Eamings per Equity Share( for discontinuing operaiion)

a) Basic (ln Rs.)b) Diluted (ln Rs.)

Eamings perEquity Sharc( tor discontinuing & conlinuing operations)a) Basic {rn Rs.)

b) Diluted (ln Rs.)

2

t6,030.3l 17,379.95

459_35

16,03544

57.12

6e,5A2 42

16,474.9t 17,349,80 16,092.56

8,058,01

53,06

8/5.77

&ut.96

401.42

623,23

5,206.19

9,7 t1.54

(323.67)

1,!10.03

756.39

882.09

426,75

4,959.65

9,919.84

9.76

0.408.76)

743.38

714 93

672 50

4,830.85

34,423 T1

12 592 46)

3,16711

3,332 25

2,994 52

19,8r7 66

16,436,54 14,222,f4 15,482,50 67,2!0,74

42.27

42.27

5,98

0,40

318-9

35,89

t0.10)

35,79

28.03

7.86

(372.98)

55.65

226,47

(5ss.10)

{372.98)

{5ss.10}

5,87

6,20

{7.04)(549.98)

(326.41)

(328.68)

610.06

610.06

2a a1

(47_28)

528.s3

626.53

375(385.06)

247,22

375.72

252.41

2419 2A

2 019 2A

66 31

215 9a

1,,13-7._01

1,,737.01

042

i7 04)

1,730.05

867 25

86933

35.8S

27.93

7.85

(655,09)

1321.291

(328.68)

628.53

(5.59)

252.a1

1.737 03

860 25

869 83

2,776,97

0.100.10

0.100.10

(649.e7)

2,f76.97

{1.18)(1.18)

(1.18)

{1.18)

,22247

2,77697

1.35

1.35

1.35

1,730 08

277697

14,11056

3.12

//^t

ri

frr,*\!u0rv811t03

[-)

$ J/\

F',1--\

Page 7: Offce INDSIL HyDRo powER Coimbatore - Phone Fax · the companies Act, 2013 to the Regisirar of companies, coimbatore 96(1) of three months upto 3lst Drecember, zotg ror for a period

Ihe .bove €sutlt heve ben Biewed by the Audit committee .l their Meeting held on 14th August 2019 and .pprcved by the Bo3rd of Directo6 at rhetr neeting hetd14th Augo3t, 2019 and Limited R€view of the same ls enie.t out by th. st tuto.y Auditos of the companv,

Mahalakihmi smelteE A^ ttd, d) Indsll Hyd6clobal(FzE) e) hdsit EneBy Gtobal {FzE)

6 The figucs for the quarter e.ded 3$t March 2019 aE the bat.n.ing ,jguF5 between the audited flgores Indpublthed y.er to date figures t.d As reiated {igurcr up to rhe rhird quarterofthe retevant financtel v..r,

2 Thls statement has been prepaEd in accordane with the compa.les {hdian accountlng stand.rd5) RulB,2015 (tnd As) prescribe.t ondersection 133 ottheAct,2013 a.d other recognised .c@unting pEctl@3 and poticies tothe€xr.ntappti@bte.

3 fie ngurcr for the pevlous penods have bee. re€rouped /reimnged where€r necetsary to make them comparable with th6e of curent Deriod.

4 The format for lneldited quarterly resllts as prescribed ln sEBfs circula. ctR/cFo/cMD/15/2015 daicd November 30, 2015 has been modtfied to @mDlv wmrequlrcmenBofsEBl'rcirculardeted loly 5 2016,Ind As and schedule lll(Part [) to rhe companles Acr,2013, which aE apptiabte to @mpeni.s that a€ reautEd to

5 The above stateftnt includet the resultl of th€ following entftls: r)lndsil Hydb Power.nd Mangan$e Limited bl At tamm.n hdsit Ferc

ITlANGANESE LTD

Page 8: Offce INDSIL HyDRo powER Coimbatore - Phone Fax · the companies Act, 2013 to the Regisirar of companies, coimbatore 96(1) of three months upto 3lst Drecember, zotg ror for a period

RAJA & RAMANCHARTEN€D ACCOUMAIIIS

Fl{(}Ntg : 43?45*1.2?'1i'5ql?t45591

fiAi?lNfl?$:E,R. RAJARAM, TCA"DI5A

K.F, RAMAN, TCA

K.*, I?ANGARAJAN, TCN

10$5/1 r. GOWTHAM CENTRIFIRST FLOORAVA'{ASHI R6ADCOIMBAICRE - 64i 018Mail i rat(}ondromonGgmcil ccrn

n(rrEPEt\.DENT A1{}ITOII'S t{l,] trw RSPORT ON Tll( QUARTEITLY tll'lAulrlTlil)CONSOLIDATES FINANCIAL RES ULTS

*l'c Boanl of ilirsctors of INI)$IL IIYDRO FOWER AND MnNG.tl\eSn LIIIITED'

l- rr\.,e have revierr-er:l ths accolnpn*ying Si'.ttcmenl of Consolitla:*il ljnrrrtlitttl lrinancial ltcsttits ul

I]'{DSIL ffyDRO I',tlWER AN$ MANGiN&SE LI&{l?ltD {"the Pllrenl"} rnd its sLrtrsidirLlius

tthe Piyent and its subsidiarie.r tog€lhdr r eferred tu *s "the (iraup"] f*r the qlrancr cudsd Junt itl.l0l9 tu* I'ar the pericd li-om 01.U4.?019 to 30.t16.?ul9 ("thc Slotement"). heirg submittcrl l.r rhc

Parrnt $ursuant !o1he rcquireinenl of Regularion 33 oithe SFBI ilistimg Obiigations lnd l)isclusrrrt

Requirern*ntsJ Regulariou. ?015, as amsrcl(,{j. Atisntion is ilrart t$ re i'icr thal the ctnsoliriiLt,:rl

tigures li-rr the c*rtesponcling q*nler Ended Jun* 30. 201q anil ih* cor'*sponding pcriorl l!,;nt

ill.U4.l0l9 rr:i -i(}.06:!019. as reperted in ihese financid results hirv€ been appr$ved trv lhc Puren:'s

llonnl of Dircctors. hu! ha\.{: }tol bccn sutrjer:terl lc review.

L l'his Sta|eil€nl. *hich is thc. rcsponsihilit5, nf the Farcnl's Managanenl aud *pptovcd hy Lhr P rr:nr's

Board *f f)ire{jlors, hns been preparcd ii accorql{rnc$ rsith thr: reco3nition *nd rnta$ rc:r:enl

prine iplcs lnirl drr$'ilin t.ndirur Accrlunling litnndarti 3;| "lntedrn [:inancia! Repnning" I ^'ilJ nS ]'; " ].prcserihcd lrnder Sectian i 3i ofthu Comparies ,{ct, 20 i3, and dther :rccountirrg prirtr:iples gucr:rll1'

accepted in lndia, O [ re;ponsibility ir tn cxpldss a ci:nclusirn on ihe Stntrrnsilt birsed oil *llr r!:\ ]eir.

3. Wc cnnducteri our rr'*irrv rrf the Slalernent in accordnnee rvith the Standsrd ln Revier,v [ngng*rlr-nrs

{Sltl) }4l0 "Review ofh*erim liinanci*l lnlirrolalion Perl"irrrneil by the Indeprndent Auditl: rl :hrlintit1,". isrned by tlrc lrrstitute of f h.:rrttretl Account&rl$ oi Intlia. A rEr ierv nl'interinr finalci;rlinlbrrn:rtion {{1nsi$i$ of m*king inquirieS. prinrarily *f pcr:;orr resp*nsihle l'or firi:srri'rl i,;rl*ecorintins rn{llr:$, $nd applyi$g rlnalydeal i1nd oth{r rf\,icx pr4cedures, A fr:rrirw is subslnnliril,,'less in scope than an audil eonducted in accrirlance wilh Sundards an;\rrciiting tnrl ronsequcnrl,,'

drres not enabls us 1o nhlakr a,$srraRsg that lve would btlc$mt: r$'{r* of ntl signiiieanr nt.ltl*t: {hat

mighl be idenliiied in an:ur*Iit. .,\c*:rtlingly. rvc do rrr.rt crprcsg an aueiit opininn.

Wr: alsrr performed p$ecdures in aceord*nee rr.iih ths *irculatr issueC hy the SEl)lii {ll) of the SSISI {l-isting Ohli*alions nnti l}iselersurr: Rrquircmq*$lumrnel*i!, u tht ext€nt nppiieilble.

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Page 9: Offce INDSIL HyDRo powER Coimbatore - Phone Fax · the companies Act, 2013 to the Regisirar of companies, coimbatore 96(1) of three months upto 3lst Drecember, zotg ror for a period

I?4.'A & RAMAI\,ICHARTTNFD ACCOUI\||AMS

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PhFlNSl?S:E,R. I?AJARAM,TcA,aFAX,R. RAMAN,{cAKTI. I?ANGAI?AJAN, rc,I

I'llte: Ccimbatolr

D$t€i l{th Au$usl? 3019

UDINI 1 gtll $?JSA.{AA$Y 1]) I 4

4. The $tatr:me*t incl$des {he re.sults of the lbtlolving enlilies:a. Indsil hydnrpawer a*d.nrangrrrese Limiledb, Sree !\,lah*l*kshmi lir:relters Prt Lrde. fuidsil tnergy Globald. hrdsil f iydro Giobrlc. Al Tirmmln Indsil l,crnr Cirromc l"l.C

S. lJrlscd or {rur teview conducted *nd pmeciinras per*brmed $s slale{t i* paraglaph J above and birs*ldr: thc cru$ideralion oii the revi*t, reporls i:f r.lrc bran{jh auditurs arrl olher uuclitors refcrcel ro in.paragraph 7 btlor'v, no&i*g has rnme to oural1€ntion thal eauses us {o believe tlrarthr acet lan-yfl}gSialem*lrl p*:parcd in accordance wilh the reeognitiou in* mrla$ur'llrnenl prineiples laic{ dor,rn in rhc*foresaid lndian ,A'teuunling Stantlarrl ;.rnd otlrer $cco$nting principlcs generaliy accepted in lndi*.lus noi disclosed the irlformali*;r reqdred to be discl{rsed in rqrnrs *fl{*gularion 13 *f ths SI:ll1{Lisling Ob}igatiors and Disc&:sure Requircments) Regrrlatioris, ?0]5, as anrenclerl, irrclusjbs rhcrnartrlsr in *iich it is trlr be disetosed. or *lil it eo:lt{in$ a y naterinl rnisstatenre[t,

6" I'b* canmlidated rna:rdilrd financial rcsrrits includes the irltcrim Jinfincilrl s'ratenrents/ re:ults ot' -1

subsidiaries which h*ve nol b*eu revie*'edlaiditcd by tlrt:ir alclitors, 1,,{!cse intt:r;1n llnanclrl$tat$mcnisl results, rcl'leci roral assets of Rs. 37J.55 crure* lx at jt).06.!.01 g enrJ l*tal r{vsnue (,i' Rs.l:0.5? trsrss, {olal n*l pmllti(lo$s} *11€r lax of }ls. 1.54 *rores antJ tolrl eamprehensive inc6r:te .

lass *f }ls. 1.54 trorcs lbr !h* quarl*r ended Jsns i0. 201!, as. *onsidered in the eonsulitlailrlrurardited financial res lls. The lolal cansolid*ted rel,elue inclurling the pnr*n{ companl.rvi}l l:c lts164.7$sr*rcs' 'l'his unxudite* finaneial fut*ruration h:rs not been rcvierved by the respectile a dil{)rsIrnd arc bus,id solcll on ih* mant{gcmcnt cer1ificd accounts. ()ur conclusi(rn otl lhc Strtunrcr}t !jr r}ulmulified irr rr*peci olllre abot'e nrali*r.

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