&4rh l$\a*siuala & fi.

r-

317, Chetak Centre 'Annex,,

R.N.T. Marg, lndore 7452001

Chartered Accountants

To
The Board of Directors
Ujaas Energy Limited

Phone : 073 1 -251

7l+li

of

w".

f.rr" audited the quarterry financiar res_urts of ujaas Energy Limited for the quarter ended
'u"-ing31.03.2016
and the year to date resurts for the period 01.04.20'.rs io gr-.o1.zoro,
fr.i",ritn,
by the
company pursuant to the iequirement ot neguratio;34
of "ttr"t"o
the sEBr (Listing

"r;,tt"o

obrigations and
Disclosure Requirements) Reourations, 201s. These qiarteriy
tnlnciar resurts as we, as the year to date
financiar,resurts- have been frepared on the basis
ui"
responsibility of the com,anv's management. our "r
responsibirity is to express
oliinion o,i tt
financral resurts based on oui audit of iuch irt"i,,
"n been prepared"a"
whrch have
in
accordance with the recognition and measurement principtes raiJoo*n
"iaiements,
in Accounting stanJari,-Gciteo
under section 133 0f the companies Act, 2013 ,"ro *ifir,"i"r"nt
rures issued there under and other
accounting principles generally accepted in lndia.

iri"ii, ii"i;;i-#;;J;,",in,{Ifr'j'r" *"

t*[j"i

we conducted our audit in accordance with the auditing standards generally

accepted in lndia. Those
standards require that we plan and perform the audit to ;btain
reasonable assurance about whether the
financial results are free of materiar misstatemqntlil. Rn
audit incrudes examining, on a test basis,
evidence supporting the amounts disclosed as financial results.
An audit also inclides assJng tne
accounting principles used and significant estimates made by
management. we believe that our audit
provides a reasonable basis for our opinion.

ln our opinion and to the best of our information and according

to the explanations given to us these

quarterly financial results as well as the year to

date results:
(i)

Have been presented in accordance with the requirements

of Reguration 33 0f the sEBr
(Listing Obligations and Disclosure Requirements) Regulations,
2015; and

(ii)

give a true and fair view of the net profit and other financiar
information for the quarter ended
31.03.2016 as we as the year to date resurts for the period from
01.04.2015 to 31.03.2016.

The Financial Resufls Incrudes the resurt for the quarter ended
31"r. March, 2016 being the barancing
flgyre.Pet/'i9el audited figures in respect of the fu 'tinanciii year-ano
up to the third quarter of the current financiar year wnicn
w-r6

iuof""t

tr(l*f
Date

21.05.2016
Place : lndore

tt"

to

a..
i)

I,' ,*oone

)i

&;tr.-'.q

v""ito'i#'iwr".

pu'uri.n"o
review by us.

tirit"o

For Ashok
Chartered
(Firm

. No.

CA Avinash Baxi
( Partner)
M.No. 79722

qOoglOl

&!rh

$\asgtfrluLu &,

fin.

317, Chetak Centre 'Annex',

R.N.T. Marg, lndore 452001
Phone : 0731 -251 7341, 4069301

Chartered Accountants

Auditor's Reoort On Quarterlv Consolidated Financial Results and Consolidated Year to Date

Els+Is-etgeGgroeanv

Pu

Disclosure Reouirements) Requlations. 2015

To

Board of Directors of
Ujaas Energy Limited

We have audited the accompanying Statement of consolidated financial results of Ujaas Energy
Limited ("the Holding company") and its subsidiaries ("the Holding company and its subsidiaries
together referred to as "the Group") for the quarter ending 31st March 2016 and consolidated year to
date financial result for period 01.04.2015 to 31.03.20'16, attached herewith, being submitted by the
company pursuant to the requirement of Regulation 33 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015. These consolidated financial results are the responsibility of the
Holding company's management and approved by the Board of Directors, has been prepared on the
basis of the related consolidated financial statements which are in accordance with the Accounting
Standard, prescribed under section 133 of the Companies Act, 2013, as applicable and other
accounting principles generally accepted in lndia. Our responsibility is to express an opinion on these
financial results.

We conducted our audit in accordance with the Standard on Auditing issued by the lnstitute of
Chartered Accountants of lndia. auditing standards generally accepted in lndia. ihose standards

require that we plan and perform the audit to obtain reasonable assurance about whether the financial
results are free of material misstatement(s). An audit includes examining, on a test basis, evidence
supporting the amounts disclosed as financial results. An audit also includes evaluating the
appropriateness of the accounting policies used and significant estimates made by management, as
well as evaluating the overall presentation of the financial results. We believe that audit etidence we
have obtained is sufficient and appropriate to provide a basis for our opinion.

We did not audit the financial statement of 2 subsidiaries included in the consolidated financial
statements. These financial statements and other financial information have been audited by other
auditors whose reports has been furnished to us, and our opinion on the financial results , to the extent
they have been derived from such financial statements is based solely on the report of such other
auditors.
ln our opinion and to the best of our information and according to the explanation given to us these consolidated

financial statements

(i)

include the financial results of Ujaas Energy HK Ltd and Eizooba Energy One Ltd;

6)'Ts
L-'($*)
&b-;,i4

have been presented in accordance with the requirements of Reguration 33 of sEBr (Listing
Obligations and Disclosure Requirements) Regulations, 2015: and

give a true and fair view of the consolidated' net profit and other financial
information for
the quarter ended 31"r March 2016 as well as consitioaieo year to date results ior
tne ferioo

from 0'1.04.2015 to 31.03.2016.

For Ashok Khasgiwala & Co.

Cha rtered

4oc6iihtants

(Firm R/s. No. qEC)

Date

21 .05.2016

Place : lndore

CA Avinash Bari

f;rr\\

i'rr,o3r,ulB

q\

it

Rlx,i*

( Partner)

M.No.79722