Price Waterhouse Chartered Accountants ‘The Board of Directors Gulf Oil Lubricants India Limited IN Centre, 49/50, MIDC ath Road, Andheri(E) ‘Mumbai 400.093, 1, We have reviewed the results of Gulf Oil Lubricants India Limited (the “Company") for the quarter ended September 30, 2015 which are ineluded in the accompanying ‘Statement of Standalone Unaudited Financial Results For The Quarter And Half Year Ended. September 30, 15 and the statement of assets and liabilities as on that date (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 beet 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. Our responsibility is to issue a report on the 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 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. Areview 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 Shareholding’ in the Statement from the disclosures made by the Management and are, therefore, not expressing a review opinion thereon. ‘5. Based on our review conducted as above, nothing has come to our attention that causes us to believe 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 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014 and other recognised accounting practices and policies, and has not disclosed the information required to be disclosed in terms of Clause 42 of the Listing. ‘Agreement inchiding the manner in which itis to be disclosed, or that it contains any material misstatement. For Price Waterhouse Firm Registration Number: 311128, Chartered Accountants fash: Gir Partha Ghosh Places BALTIMORE, UC A Parner Date, aylrobers, Hembership Number: 055018 Price Waterhouse, 252 Veer Savarkar Marg, Shivaji Park, Dadar (West), Mumbai - 400 028 TT: +01 (22) 6669 1000, F: +91 (22) 6654 7800, +91 (22) 6654 7601Gulf Oil Lubricants India Limited (Greet) | neat) | (Ousted | Cnet) | neues) | ata) ‘fore ae com tom pean maauiae aasorae| ssaours| seorran| suiaeuae ee ue ‘oan ‘ezao| “rastan| ‘Yauee| “aeaneae er Sti ncn tom Oprtone amet siamoat| arrans| atanzr| Sensis [Cow opwing neo mat fast [eminem ro Stan) umn I= Ching nets of itd onde, Won ropes and toch nde ‘ana Eine ont Expeue Sion * Oepacaon ant morztonExenee was I owtsemen sameae _| Pama Seo or Oswrincone nt Panes Coxe 2) Saat {lt rs nin Pen on) aos ‘Prt ty tn brs) Proery 1 )t rm rom Orr Attn ar x78) ere} 15]eceorary : {i} rom or pn 0) get 12) egy Sere Cpl ace ao 2p stare) ota 13)Rerres tating ahaon enor [sh rertaunce erat pvann conn ye) ul Eainge er hare are a 2 pes lon nd har xeon tom a. we] as sor] rae] ue he inno a, g oe toe | te | _iss:] PARES ona Tg QUARTER NDA? va END SEPTEmDER 28 "| Pate Solin on fate vrareazs| srarysas|snasasas| oraraszs| soanaazs|snasesas Prcotge antag ars] "”"akors| "ahorn| """akonn] "™anoon! "Story 2| promt and Promoter Grove Srirg [Neo aes Percortgr share 1% oft sarong of premearand nt mae} Mac} cf lvonetr run "acontgr street sare cap othe Company) mf mf mf fo Nr ot Saree savage | szmger| anriger| sermer| arouse Parcrage of Sue 4% fa sharing of promot and “oms] oes] Noes] onl | [*Srwestage Se ft Shar cpt of he Caps) tases] ses] noes] orn) sno adng at begin othe uae a ech urge gear a pwnd orig Se ure a Remaning washed atthe guar ‘a1 satoment of Asset and Lisbites "panictae Aexe20002018) AEM (naudites) | 44292018 [EQUITY Ano LABILTIES [shareholders Funds |share Capt! sors | sotas IRecerve and Supive zag | w7iat [sub Tot: Shareholders Funde aazsag | 1ar07 [Detered Tax Liabiliios (et zser| 25786 lother Longeem Libiues 00 | “600 \Longerm Provisions zes0| 21670 [Sub Tota: Non-curen Listes “satan \curent Lisbon [shorter Borrowings sees Trade Payables Maas (Other Curent bios atanae |shorttrm Provisions ima [Sub Tota: Curent lilies ITY AND LAB TES INon-CurrentAaaete [Fixe Aaaete sa90370 'Non-curent investments mas [Long-term Loans and Advances sexes (other Non-currentAaseta 240 [Sub Tota Non-Curent Aaseta as lcurent Assts Inventoriee sasoase | 14se72| rade Receivables sozues | isantrt \Gaeh and Bark Balances saatroz| — iwoatea| [Short-term Loans ae Advances ‘i7aase | “10sse [other Curent ‘enas | _“Yeaan "rota. 309-10 7435 2 The above nancial esults were reviowad by the Ault Committee and approve by the Board of Director at thelr meting held on October 11,2018. The Statstory Auditors have cated out Linvted Review ofthe above Results for Ue quater ended September 30,218, 3. The Company is engaged primary nthe business of manufacturing, markting and trading In Lubricants and Greases. Hence, information relating to primary segments ot required tobe seperstaly furnished 44 Submequent to the approval ofthe shareholders ofthe Company on May 13,215 vide resolution through postal ballot, the Company has received approval from Reghonal Directo, Hyderabad on Juy 03, 2018 approving the shitng of Regietare office ofthe Company to Murbl, State of Maharashtra from Hyasraba, State of Telangana. The fresh cortficnts of Incorporation wat received on August 09,201 from Ofce of Registrar Of Companies, Mumbai, Stato of Mahaashve. '5 Previous pri figures have been r-groupedlreclasiied wherever necessary, to conform to thie period classification. For and on behalf of Board of Directors of LAA Place : Mumbai Ravi Chawla Date: October 31, 2015 Managing Director