PATANKAR

& ASSOCIATES
Chartered Accountants

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

S.No. 1 18/A, Ptot No.S43, Sinhgad Road,
Parvati Nagar, Pune - 41

Telefax:

't

O3O

- 24252117 | 242SZ|1A
email : sanjay@patankarassociates.com
02O

REVIEW REPORT TO THE BOARD OF DIRECTORS

OF INOX LETSURE LIMITED

we have reviewed the accompanying statement of

standalone Unaudited Financial Results
of Inox Leisure Limited (the "Company") for the quarter
ended 30th June, 2016 (the
"statement"), attached herewith, being submitted
by the company pursuant to the
requirements of Regulation 33 of the sEBl (Listing
obligations and Disclosure

Requirements)
Regulations, 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 these financial statement based
on our review.

we conducted our review in accordance with the standard

on Review Engagement
241'0"'Review of Interim Financial Information performed
by the Independent

(sRE)

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

believe that the accompanying statement prepared
in accordance with Accounting
standards i'e' Ind AS as persection L33 of the companies
Act, 201.3,read with Rule 7 of the
companies (Accounts) Rules, 201'4, 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 obligations
and Disclosure Requirements)
Regulations,2ot5 includingthe manner in which it is to
be disclosed, orthat it contains any
material m isstatement.

to

For Patankar & Associates

Chartered Accountants
Firm Registration No. 10762gW

Agrawal)
Partner
Mem. No.04905i_
(S S

Pune

Date: 8th August, 201,6.

PATANKAR
& ASSOCIATES
Chartered Accountants

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

S.No. 1 18/A, Plot No,S43, Sinhgad Road,
Parvati Nagar, Pune - 41 1O3O

Telefax: O2O - 242521 17 | 242521 1 I

email ; sanjay@patankarassociates.com

REVIEW REPORT TO THE BOARD OF DIRECTORS

OF INOX LEISURE LIMITED

we have reviewed the accompanying statement of consolidated Unaudited Financial

Results of Inox
Leisure Limited (the "company") its subsidiary (collectively referred
,,Group,,)
to as the
and a jointly
controlled entity for the quarter ended 30th June, 2016 (the "statement")
attached herewith, being
submitted by the company pursuant to the requirements of Regulation
33 of the sEBt (Listing
obligations and Disclosure Requirements) Regulations,2oLs. 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)
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 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.
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 obligations and Disclosure Requirements) Regulations, 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

(S S Agrawal)
Pa

rtne r

Mem. No.049051
Pune

Date: 8th August, 2016

,l9, Gold Wings'

Parvati Nagar'
Sinhgad Road'