Dill; CHEVIOT COMPANY LIMITED

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1 - Audited CHEVIOT COMPANY LIMITED CIN: L65993W8897PLC00409 Registered & Administrative Office 24 Park Street, Magma House, 9th Floor, Kolkata Ph: /2/3: Fax (033} / (fig/ i; cheviot@chev'utecom ; Website: wwwgroupcheviotnet Ref: CCL/Share/ Date: 23rd May, 208 To BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai Ref: Company s Code No Dear Sir/Madam, Cheviot Company Limited: lsin - NE974BOlOl6 Re: Outcome of the Board Meeting ended 35t March, 208 Standalone Financial Results for the quarter and vear Pursuant to Regulations 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 205, we are forwarding herewith the audited standalone financial results of the Company in respect of the last quarter along with the results for the entire financial year together and liabilities as at 35t March, 208 which have been approved Meeting held on 23rd May, 208 with a statement of assets and taken on record at the Board We also submit the Audit Report on the aforesaid financial results issued by the Statutory Auditors ofthe Company with unmodified opinion(s) and a declaration to that effect: The meeting of the Board of Directors commenced at :30 AM and concluded at :00 PM Kindly take the above on record Thanking you Yours faithfully For Cheviot Company Limited Dill; s (Aditya Baner ee) Company Secr tary and Compliance Officer Encl as stated above

2 ? 700 -, _ CHEVIOT COMPANY LlMITED CIN : L65993WB897PL Regd Office: 24 Park Street, Magma House 9th Floor Kolkata - Phone: ; Fax (033) / cheviot@chevjutecom : Website : wwwgroupcheviotnet 06 STATEMENT OF STANDALONE AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 3 ST MARCH, 208 ( In Lakhs ) Quarter Quarter Quarter Year Year ended ended ended ended ended 3/03/208 3/2/207 g 3/03/207 3/03/208 3/03/207 Particulars (Re/er Note No0) (Unaudited) (Refer Note No0) (Audited) (Audited) jlncome (3 Revenue from operations (b0therlncome O Total Income Expenses (3 Cost of materials consumed (b) Changes in inventor/es of finlsned goods and work-in-progress (500 8) (0 Employee benefits expense (df/nance costs (2) DepreC/atlon and amortizatlon expense Other expenses : Total Expenses Profit before exceptional items and tax (-2) Exceptional items, Profit before tax (3+4) Tax expense: (a) Current tax (b) Deferred tax ( Total tax expense Profit for the period (5 6) Other comprehensive income (Net of tax) (a) ltems that will not be reclassnfied to profit or loss (b) ltems that Will be reclassified to profit or , (0 00) Total other comprehensive income (Net of tax) Total comprehensive income for the period (7+8) Pa/drup ordinary share capital (Face value - 0 each) Other equity (Excluding Revaluation Reserve) Earnings Per Share of? 0l~ each (EPS) (not annualised in?) (a) 82le (b) Dlluted Contd (2 4W

3 Property, ' ' l2} AUDITED STATEMENT OF ASSETS AND LIABILITIES AS AT 38T MARCH, 208 Particulars ASSETS R In Lakhs, As at As at 3/03/208 3/03/207 (Audited) (Audited) Non-current assets plant and equipment 4,849 3 Capital work-in-progress : lnvesrment property j Other intangible assets intangible assets under development fi'nanmai assets Investments Loans 5 2, , Other financial assets Non-current tax assets (net) Other nonecurrent assets Current assets Inventories Financial assets Investments Trade receivables , , a , , , Cash and cash equivalents Other bank balances Other financial assets Other current assets ,4478, , ,55204 Total Assets 54,4957 5,92235 EQUITY AND LIABILITIES Equity Equity share capital Other equity 49, Liabilities Non-current liabilities Finanaal liabilities 50, ,45684 Borrowmgs a Otherfinancial liabilities 2 78 c 30 Deferred tax liabilities (net) Other non current liabilities Current liabilities Financial liabilities ,2795,05253 Borrowings 4:28 93 i Trade payables Other financial liabilities, Other current liabilities d Provisions :3 Current tax liabilities (net) so 3, ,4298 Total Equity and Liabiltiies 54,4957 5,92235

4 8 NOTES : i 3 I The Board of Directors have recommended a dividend of?/e Per Share on 43, 250 Ordinary Shares of the face value of? 0 each amounting to f 43 Lakhs for the year ended 3st March, 208 subiect to approval ofthe members at the forthcoming annual general meeting The Company has adopted Indian Accounting Standard (Ind AS), prescribed under Section 33 of the Companies Act, 203 read With the relevant rules issued thereunder, wef st April, 207 Accordingly these financial results have been prepared in accordance with Ind AS notified under the Companies (Indian Accounting Standards) Rules, 205 as amended by the Companies (Indian Accountings Standards) (amendment) Rules, 206 with date of transition as st April, 206 As the Company s business activity falls within a single Significant primary business segment ie disclosed Jute Goods, no separate segment information is The Company has changed the method of depreciation in respect of certain assets from Written Down Value Method to Straight Line Method prospectively w,ef st April, 207 resulting in decrease in deprecration by? 03 0 lakhs and? lakhs for the quarter and year ended 3st March, 208 respectively Consequent to introduction of Goods and Service Tax (GST) with effect from st July, 207, Jute manufacturing cess, Value Added Tax (VAT), etc have been replaced by GST In accordance with Indian Accounting Standard - on Revenue and IND AS compliant Schedule Ill of the Companies Act, 203, GST is not included in the Revenue from operations for applicable periods Accordingly, Revenue from operations and Other expenses for the quarter and year ended 3st March, 208 are not comparable with previous periods, However, there is no impact of the same in the reported profits for the respective periods The reconciliation of Net Profit as reported under previous Generally Accepted Accounting Principles (Previous GAAP) and Total Comprehensive Income as per Ind AS forthe corresponding quarter and year ended 3st March, 207 is given below : Particulars Quarter ended R in Lakhs) Year ended 3/03/207 3/03/207 Net Profit for the period as reported under previous GAAP (Indian GAAP) Fair valuation of financial instruments other than those classified under other comprehensive income Remeasurement of defined benefit plans 44 (23805) Impact of deemed cost and deferred revenue grant on property, plant and equipment (333) (6 59) Fair valuation of derivative instruments (380) 35 8 Others (2 5) (0 59) Tax on above (7896) (95 00) Net Profit for the period as reported under Ind AS Other Comprehensive Income (net of tax) Total Comprehensive Income as reported under Ind AS The reconciliation of Equity as reported under previous Generally Accepted Accounting PrinCiples (PreVious GAAP) and as per IND AS is given below: Particulars R in Lakhs) As at 3/03/207 Equity as reported under previous GAAP (Including Revaluation Reserve) Fair valuation of financial instruments through profit or loss 7699 Fair valuation of financial instruments through other comprehensive income 4203 Impact of deemed cost and deferred revenue grant on property, plant and equipment Fair valuation ofderivative instruments 236 Others (0 79) Tax on above (67 7) Total Equity as reported under Ind AS (Including Revaluation Reserve) Earnings Per Share (EPS) for the current periods have been calculated based on weighted average number of ordinary shares in View of buyback of 2,00,000 fully paid up ordinary shares by the Company during the quarter ended 30th September, 207 The above audited financial results after review ofthe Audit committee were approved by the Board of Directors at their respective meeting held on 23rd May, 208 Figures for the three months ended 3st March, 208 and 3st March, 207 are the balancing figures between audited figures in respect of full financial year and the published year to date figures upto the third quarter ofthe respective financiai years PreVious period figures have been re»grouped / re-classified to make them comparable to the current period presentation For Cheviot Company Limited <WWW Harsh Vardhan Kanoria Chairman and Managing Director Place : Kolkata Chief Executive Officer Dated: 23rd May, 208 (DIN ) we

5 Independent Auditor s Report on Quarterly Standalone Financial Results and Standalone Year to Date Results of Cheviot Company Limited Pursuant to the Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 205 To The Board of Directors of Cheviot Company Limited We have audited the standalone financial results ( the Statement") of Cheviot Company Limited for the quarter and year ended March attached herewith being submitted by the Company pursuant requirement of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 205 read \\ ith SEBl circular dated July Attention is drawn to the tact that the figures for the quarter ended March 3 ZOIS and the corresponding quarter ended in the previous year as reported to the in the Statement are the balancing figures bctneen audited figures in respect of the full financial year and the published year to date figures upto the end of the third quarter of the current and previous financial year respectively Also the figures tip to the end ol the third quarter had only been reviewed and not subjected to audit The Statement has been prepared on the basis of annual audited financial statements and reviewed quarterly financial results upto the end ofthird quarter which are the responsibility ot tlte Company s management Our responsibility is to express an opinion on the Statement based on our audit of such standalone financral statements which have been prepared by the management in accordance with the recognition and measurement principles laid down in Indian Accounting Standards( nd AS) prescribed under Section l33 of the Companies Act 2(Jl3 ( the Act ) read with rules issued there under other accounting principles generally accepted in India and in compliance with requirement of Regulation 33 ofthe SEBI (Listing Obligations and Disclosure Requirements) Regulations 20l 5 q We conducted our audit in accordance with the auditing standards generally accepted standards require that we plan and perl orm in India Those the audit to obtain reasonable assurance about whether the Statement is free of material misstatement An audit includes examining on a test basis evidence supporting amounts diseiosed in the statement An audit also includes assessing the accounting principles used and significant estimates made b} the management and appropriate to prm ide a basis for ottr audit opinion We believe that audit evidence we have obtained is sufficient The financial results for the quarter and year ended March 3] 20l7 reported under previous GAAP included in the Statement are based on the prexiously issued results ot the Company prepared in accordance With the Accounting Standards as per Section l33 ot' the Act read with Rule 7 of the Companies (Accounts) Rules 204 these results \\ ere audited by predecessor auditor who vide their report dated May expressed an unmodified opinion Management has adjusted these results for the differences in the accounting principles adopted by the Company on transition to the Indian Accounting Standards (nd AS) and presented reconciliation for the same which has been approved b_\ the Company s Board of Directors and audited by us M t lm Lit NEW Dl LHI PANCALORF CHENNN AHMEDABAD

6 5 In our opinion and to the best ofour information and according to the explanations given to us the Statement: (i) are presented in accordance \xith the requirements of Regulation 33 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations 20l5 read \\ith SEBI circular dated July 5 20l6 in this regard: and (ii) ghe a true and fair \iew of the financial performance including other comprehensiwe income and other financial information for the quarter ended March and for the year ended March 3, 208, For Singhi & C0 Chartered Accountants Firm Registration No» 30304%; filnml QJh- L'V Membership {Ankit Dhelia t Partner No060l 78 Place: Kolkata Date: Ma)

7 CHEVIOT COMPANY LIMITED CIN: L65993W8897PLC00409 Registered & Administrative Office 24 Park Street, Magma House, 9 Floor, Koikata-7OO 06 Ph: /2/3: Fax G (033) / Chfvllgt chevrot@chev utecom ; Websrte: www9roupchevrotnet Ref: CCL/Share/ Date: 23rd May, 208 To BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai Ref: Company s Code No Dear Sir/Madam, Cheviot Company Limited: [SIN NE Sub: Declaration of Audit Report with unmodified opinionls) on Audited Standalone Financial Statements of the Company for the quarter and year ended 35t March, 208 Pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 205 read with SEBI Circular NO ClR/CFD/CMD/56/206 dated 27th May, 206, I, M K Patni, in my capacity as the Chief Financial Officer of the Company, hereby declare that the Statutory Auditors of the Company, M/s Singhi & Co, Chartered Accountants (Firm Registration No E), have issued the Audit Report with unmodified opinion(s) on the Audited Standalone Financial Results of the Company for the quarter and year ended 3lst March, 208 Kindly take the above on record Thanking you Yours faithfully Far Cheviot Company Limited fleet v / (M K Patni) Chief Financial Officer

MUNIAL AUTO INDUSTRIES LIMITED. Waghodia Plant STOCK CODE: the Audit Committee and Board of Directors at their. 002, Tel: 91.

MUNIAL AUTO INDUSTRIES LIMITED. Waghodia Plant STOCK CODE: the Audit Committee and Board of Directors at their. 002, Tel: 91. 400 lv 122 249 124 1284 264435 2668 01334 92, 26421 0124 26, 01334 REF/SECY/BSE/2018 To, The Secretary, Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Fort, 7 MUMBAI 001 MUNIAL AUTO