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PATANKAR

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


S.No. 1 18/A, Plot No.543, Sinhgad Road,

& ASSOCIATES

Parvati Nagar, Pune - 41 1030

Chartered Accountants

Telefax: O2O-24252117 | 24252118


email : sanjay@patankarassociates.com

Limited Review Report On Standalone Quarterly Financial Results and Year to Date Results of the
33 of the SEBI (Listing Obligations and Disclosure
* Company Pursuant to the Regulation
Requirements) Regulations, 2015
To Board of Directors of Inox Wind Limited

We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of Inox
Wind Limited (the "Company") for the quarter and half-year ended 30th September, 2016 (the
"Statement"), attached herewith, being submitted by the Company pursuant to the requirements of
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,20!5.
Attention is drawn to the fact that the figures for the corresponding quarter and half-year ended 3Oth
September, 2015, including the reconciliation of profit under Ind AS of the corresponding quarter
with profit reported under previous GAAP, as reported in these financial results have been approved
by the Company's Board of Directors but have not been subjected to review.
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 these financial statement
based on our review.

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 misstatements. A review is limited primarily to inquiries of the 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.
Based on our review conducted as above, nothing has come to our attention that causes us to
believe that the accompanying Statement prepared in accordance with Accounting Standards i.e. Ind
AS 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 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) Regulation, 2015 including the manner in
which it is to be disclosed, or that it contains any material misstatement.
For Patankar & Associates

Chartered Accountants
Firm Registration No. 107628W

Agrawal)
Partner
(S S

Mem. No.049051
Pune

Date: 28th October, 2016.

PATANKAR

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


S.No. 1 18/A, Plot No.543, Sinhgad Road,

& ASSOCIATES

Parvati Nagar, Pune - 41 1030


Telefax: O2O - 24252117 I 242521 18

Chaftered Accountants

email : sanjay@patankarassociates.com

Limited Review Report On Consolidated Quarterly Financial Results and Year to Date Results of the
Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regu lations, 2015
To Board oJ Directors of lnox Wind Limited

We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of Inox
Wind Limited (the "Company") its subsidiaries (collectively referred to asthe "Group")forthe quarter
and half-year ended 30th September, 20l-6 (the "statement") attached herewith, being submitted by
the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015. Attention is drawn to the fact that the figures for the
corresponding quarter and half-year ended 30th September,2015, including the reconciliation of
profit under Ind AS of the corresponding quarter with profit reported under previous GAAP, as
reported in these financial results have been approved by the Company's Board of Directors but have
not been subjected to review.
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.

We conducted our review in accordance with the Standard on Review Engagement (SRE)
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 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.

241-0,"Review

our review conducted as above, nothing has come to our attention that causes us to
believe that the accompanying Statement prepared in accordance with Accounting Standards i.e.
Ind ASas perSection L33 of the CompaniesAct,20l-3, read with Rule 7 of the Companies (Accounts)
Rules,2014, and other recognised 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) Regulation,2Ol5 including the manner in
which it is to be disclosed, or that it contains any material misstatement.
Based on

For Patankar & Associates


Chartered Accountants
Firm Registration No. IO7628W

(S S
Pa

Agrawal)

rtne r

Mem. No.049051
Pune

Date: 28th October, 201,6

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