( gfi. Thanking you, Corporate Relations Department floor, New Trading Ring,

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1 lst ( gfi WALCHANDNAGAR WALCHANDNAGAR INDUSTRIES LIMITED Website wil@walch.com Ref. No. WISEC Date 2 August 14, Natial Sck Exchange India Ltd BSE Ltd., Corporate Acti Department Exchange Plaza, 5th floor, _ Plot No. C/ 1, G Block, Corporate Relatis Department floor, New Tradg Rg, Rotunda Bldg PJ. Tower, Bra Kurla Complex, Bra (East) Mumbai Mumbai Dear Sirs, Sub Unaudited (Reviewed) Fancial Results Quarter Iune 30, as per Regulati 33 SEBI (Listg Obligatis Disclosure Requirements) Regulatis, 2015 alg with Limited Review Report as date issued by Statury Audirs Companv. This is m you that Un audited (Reviewed) Fancial Results Quarter June 30, were approved taken record at meetg Board Direcrs Company held day.i.e. August 14,. A copy same alg with Limited Review Report Un audited Fancial Results Quarter June 30,, issued by M/ s. Jayesh Sanghrajka & Co. LLP (Statury Audirs Company) are enclosed your mati record. This is furr m you that Board Meetg commenced at 1.30 pm. ccluded at 5 Z Z? 2 pm. Thankg you, For Walch gar Industries Ltd. _% i K G. S. Agrawal Vice President (Legal 8 Taxati) &; Company Secretary Encl As above REGD OFFICE 3 Walch Terraces, Tardeo Road, Mumbai , India Tel Fax CIN L74999MH1908PLCOOO291

2 WALCHANDNAGAR INDUSTRIES LTD. Regd. Office 3, Walch Terraces, Tardeo Road, Mumbai CIN L74999MH1908PLC Tel No. (022) /96/97 Fax (022) , E mail wil@walch.com, Website IPARTI (Rs. Lakhs) Statement Unaudited Results Quarter 30th June, Particulars Quarter Ended Year (Unaudited) (Audited) (Unaudited) (Audited) Revenue from Operatis 6,619 11,819 8,771 39,841 Or Income Total Revenue (1+2) 7,565 11,923 9,410 40,730 Expenditure Cost Materials Csumed 2,252 3,809 2,987 15,134 Subctractg, Processg Charges Or Direct Costs ,025 2,568 Changes venries fished goods work progress (L344) L ,776 Employees Benefits 2,113 2,096 1,836 7,773 Fance Costs 1,936 1,897 1,897 7,611 VLfilDNOOO" Depreciati Amortisati , Or 1,092 1, , Total ( ) 7,558 11,715 10,255 43, Prit/ (Loss) bee exceptial items (311) (845) ( Exceptial Items (net) 14 Prit/ (Loss) bee (1213) (845) (LSSfl 15 Tax expense (1) Current (2) Tax earlier years (3) Deferred (asset)/ liability 16 Prit/ (Loss) after Tax (14 15) (845) (Lssm 17 Or Comprehensive Income 40 (112) (2) Total Comprehensive Income period (847) (2,540) MC"

3 19 Earngs per equity share face value Rs. 2 each (1) Basic (2.22) (6.78) (2) Diluted (2.22) (6.78) Notes at its meetg held August 14, 1. The above unaudited Fancial results have reviewed by Audit Committee reafter approved taken record by Board Direcrs csistent with ternal reportg provided chief operatg decisi maker. 2. The company is engaged segments namely Heavy Engerrg, Foundry Mache shop Ors. This segments has reported amanner 3. Invenry cludes work progress Rs Lakhs respect orders which have cancelled / put hold. The Company is opi that no provisi is required be made as June 30, as this sck will be eir liquidated or diverted or projects. audited results fancial year March 31,. 4.Figures quarter March 31, has derived as a balancg amount by reducg cummulative amounts up December 31, 2017 from 5. Figures previous period have regrouped/reclassified where necessary, cfirm current period classificati. Place Mumbai Date August 14, MANAGING DIRECTOR & CEO For WALCHANDNAGAR INDUSTRIES LTD. g?g.k.pillai (DIN ) A TRADITION OF ENGINEERING EXCELLENCE

4 Or 4, , % WALCHANDNAGAR INDUSTRIES LTD. Regd. Office 3, Walch Terraces, Tardeo Road, Mumbai Tel No. (022.) /96/97 Fax (022) , E cm L74999MH1908PLC mail vesrs@walch.com, Website SEGMENTWISE REVENUE, RESULTS & CAPITAL EMPLOYED Rs Lakhs 1 Segment Revenue Particulars Quarter Year (Unaudited) (Audited) (Unaudited) (Audited) (a) Heavy Engeerg 4,601 10,025 7,360 33,856 (b) Foundry Mache Shop 1,567 1,334 1,053 4,388 (c) Ors ,658 Total 6,628 11,855 8,775 39,902 Less Inter segment Revenue Net Sales/Income from Operatis 6,619 11,819 8,771 39,841 2 Segment Results Prit/(Loss) bee Interest Tax (a) Heavy Engeerg 1,930 2,172 1,315 5,758 (b) Foundry Mache Shop (66) (171) (167) (63 8) (c) Ors Total 1,943 2,180 1,174 5,275 Add Exceptial Item Less Fance Cost 1,853 1,897 1,897 7,611 Less unallocable expenditure net unallocable Income Prit/(Loss) Bee Tax (845) (2,582) 3 Capital Employed Segment Assets (a) Heavy Engeerg 98,236 99, ,420 99,834 (b) Foundry Mache Shop 5,714 5,573 5,921 5,573 (c) Ors 4,866 4,782 4,498 4,782. (d) Unallocated Less Liabilities(*) 5,275 4,130 5,275 (A) 115, , , ,464 (a) Heavy Engeerg 69,781 78,573 74,969 78,573 (b) Foundry Mache Shop 7,115 2,722 3,087 2,722 (c) Ors (d) Unallocated. 43 4, (B) 81,084 81,560 83,200 81,560 Total (AB) 33,952 33,904 46,769 33,904 For WALCHANDNAGAR INDUSTRIES LTD. Place Mumbai In G. K. Pillai Date 14th August, MANAGING DIRECTOR & CEO (DIN ) A TRADITION OF ENGINEERING EXCELLENCE

5 './ \ \CA» HAYESH SANGHRAUKA & ((30. MM? CHARTERED ACCOUNTANTS WERE Review Report " The Board Direcrs Walchnagar Industries Ltd. 1. We have reviewed accompanyg statement unaudited fancial results Walchnagar Industries Limited ( Company? quarter lune 30, [ Statement? beg submitted by Company pursuant requirements Regulati 33 SEBI (Listg Obligatis Disclosure Requirements] Regulatis, 2015, read with SEBI CircuiarNo. ClR/CFD/FAC/62/2016 dated Iu, The preparati Statement accordance with recogniti measurement prciples laid down Indian Accountg Stard (Ind AS) 34, "Interim Fancial Reportg specified under Secti 133 Companies Act, 2013 read with relevant rules issued re under or accountg prciples generally accepted India, read with SEBI Circular No. CIR/CFD/FAC/62/2016 dated Iuly 5, 2016 is respsibility Company s management has approved by Board Direcrs Company. Our respsibility is express a cciusi Statement based our review. 3. We cducted our review accordance with Stard Review Engagements (SRE) 2410, 'Review Interim Fancial mati Permed by dependent Audir Entity' issued by Institute Chartered Accountants India. This stard requires that we plan perm review obta moderate assurance as wher Statement is free material misstatement. A review is limited primarily quiries Company persnel analytical procedures applied fancial data thus provide less assurance than an audit. We have not permed an audit accordgly, we do not express an audit opi. W Based our review cducted as above, nothg has come our attenti that causes us believe that accompanyg Statement unaudited fancial results prepared accordance with recogniti measurement prciples laid down applicable Indian Accountg Stard (Ind AS) 34 "Interim Fancial Reportg" specified under Secti 133 Companies Act, 2013, read with relevant rules issued reunder or recognised accountg practices policies has not disclosed mati required be disclosed terms Regulati 33 SEBI [Listg Obligatis Disclosure Requirements] Regulatis, 2015, read with SEBI Circular No. ClR/CFD/FAC/62/2016 dated July 5, 2016, cludg manner which it is be disclosed, or that it ctas any material misstatement. 5. Emphasis Matter We draw attenti Note 3 Statement regardg nmovg venry amountg Rs 2585 Lakhs account orders which have mnceiled/ put hold. The company a, a6 8 jayesh@isco./ 'é (18 Les) Website 8 Affiliates A Network Approved by ICAI , Hd Raiasthan Centre Phalke Rd. Dadar (C. Riy.). Mumbai , Maharashtra Branches at Kanjurmarg 8 Vashi

6 .... Ir A Q? CHARTERED H m UAYESH SANGIHIRAUKA 8; (CO ILILIP ACCOUNTANTS ctends that this sck will eir be liquidated or diverted or projects withaul any loss arisg re from. _ mm... i. w... Our cclusi is not modified respect this matter. For [ayesh Sanghrajka & Co. LLP Chartered Accountants lcal Firm Registrati No W/W JC/ Designated Partner Membership Nu Place Mumbai Date August 14, B mmgmah & Affiliates A Network Appmved by , Hd Rajasthan Centre, D.S. Phalke Rd, Dadar (C. RlyJ, Mumbai , Maharashtra E jayesh@jsco.ln/ E (18 Les) Website wwasm/wwwbatgaclhcom Branches at Kanjurmarg &Vashi

wf'fi Thanking you, Enclr as above meeting held today, May 28, 2018, have inter alia :

wf'fi Thanking you, Enclr as above meeting held today, May 28, 2018, have inter alia : wf'fi l W RM'.Nu: WESECIZOW Date : May 28, 2018 WALCHANDNAGAR INDUSTRIES LlMlTED Email wfifywaluxar.d,um Woblllc «am momma: aim National Stock Exchange of lndia Ltd C orpomhs Action Department Exchange