Quarter ended Quarter ended Quarter ended Year ended Particulars Un-Audited Audited Un-Audited Audited

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1 Pf- OPLt E CHNOLOGY S.D. Road, Secunderabad - SOO 003, Telangana, INDIA. Tele: /86/87 /88 URL: CIN : l72200tg1994plc Id : corporate@goldstonetech. com lse PART-I GOLDSTONE TECHNOLOGIES LIMITED CIN : L72200TG1994PLC Id : corporate@goldstonetech.com AC Sharma Complex, SD Road Secunderabad, Ph. No , Fax UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2018 (All Amounts In Indian Rupees Millions) Particulars I. Revenue from operations II. Other income Ill. Total revenue (I+ II) IV. Expenses: (a).cost of software licenses (b).employee benefits expenses (c).finance costs (d).depreciation and amortization expenses (e).other expenses Total expenses V. Profit before tax ( IV -V) (7.46) V I. Tax expense (1).Current tax (2).Deferred tax 0.00 (14.55) 3.21 (11.34) Total tax expenses 1.00 (10.88) 3.21 (7.67) V II. Profit I (Loss) after tax (V - V I) (10.67) VIII. Other comprehensive income, Net of tax IX. Total comprehensive income (VII +VIII) (10.35) X. Paid-up eauitv share capital XI. Other Eauitv X II. Earnings per share (EPS) (Face value of Rs10/- each) a) Basic (0.55) 1.29 b) Diluted (0.55) 1.29 qment wise Standalone financial results for the quarter ended 30th June 2018 (All Amounts In Indian Rupees Millions) Particulars Segment Revenue a) Information Technology I Software Services b) Software License Net Sales/ Income from Operations Segment Results Profit (+)/Loss(-) before tax, Deprn. & Interest from a) Information Technology I Software Services (6.02) b) Software Licenses Resale Total (5.96) Less: Interest (not allocable) Less: Depreciation (not allocable) Total ProfiU(Loss) Before Tax (7.46) 16.58

2 PfOPl E- Pf~UC E,~ fe CH!>JOl OGV S.D. Road, Secunderabad , Tp(;ineana, INDIA. Tele : /86/87 /88 URL : CIN : L72200TG 1994PLC Id : corporate@goldstonetech.com Notes : 1 The financial results of the Company have been prepared in accordance with the Indian Accounting Standards ("Ind AS") as prescribed under section 133 of the Companies Act, 2013 read w ith Companies (Indian Accounting Standard) Rules, 2015, as amended. 2 The unaudited results were reviwed by the Audit Committee of the Board and approved by the Board of Directors of the Company at their meeting held on August 13th, Ind AS 115, Revenue from Contracts with Customers, mandatory for reporting periods beginning on or after 1st April 2018, replaces existing revenue recognition requirements. Under the modified retrospective approach, there were no significant adjustments required to t he retained earnings as at 1st April Also, the application of Ind AS 115 did not have any s ignificant impact on recognition and measurement of revenue and related items in the financial results of the Company. 4 The results for the quarter ended 30 June 2018 presented were subjected to a "Limited review" by the Statutory Auditors of the Company. An unqualified report was issued by them thereon. 5 Segment Capital Employed: Segregation of assets, liabilities, depreciation and other non-cash expenses into various primary segments has not been done, as the assets are used interchangeably between segments. Accordingly no disclosure relating to segmental assets and liabilities has been made. 6 Previous period figures have been regrouped/reclassified wherever necessary to confirm w ith the current periods classification/disclosure. By order of the Board For GOLDSTONE TECHNOLOGIES LIMITED Place : Secunderabad Date : 13th Aug 2018

3 f-'f U~'L I:_ I E CHNOL OGY S.D. Road, Secu nderabad , Telangana, INDIA. Tele : /86/87 /88 URL: w ww.goldstonetech.com CIN : L72200TG1994PLC Id : corporate@goldstonetech.com GOLDSTONE TECHNOLOGIES LIMITED CIN: L72200TG1994PLC Id: corporate@goldstonetech.com AC Sharma Complex, SD Road Secunderabad, Ph. No , Fax UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH J UN E, 2018 (All Amounts in Indian Rupees Millions) Particulars PART-I I. Revenue from operations II. Other income Ill. Total revenue (I+ II) IV. Expenses: (a).cost of software licenses (b).employee benefits expenses (c).finance cost (d).depreciation and amortization expenses (e).other expenses Total expenses V. Profit before tax (IV -V) (1.79) (0.98) (10.51) 1.74 VI. Tax expense (1 ).Current tax (2.13) (2).Deferred tax 0.00 (14.55) 3.21 (11.34) Total Tax expenses 1.00 (10.68) 3.21 (13.47) VII. Profit I (Loss) after tax (V - VI) f13.72l VIII. Other comprehensive income, Net of tax (0.27) 2.12 IX. Total comprehensive income (VII + VIII) (13.99) X. Paid-up equity share capital XI. Other equity XII. Earnings per share (EPS) (Face value of Rs10/- each) a) Basic (0.1 5) 0.52 (0.74) 0.81 b) Diluted (0 15) 0.52 (0.74) 0.81 Segment wise consolidated financial results for the quarter ended 30th June 2018 (All Amounts in Indian Rupees Millions) Particulars Segment Revenue a) USA - Information Technology Service I Software Services b) India - Information Technology Service I Software Services c) Software Licenses Resale Less: Inter Company Sa les (15.49) (3.27) (0.57) (4.04) Net Sa les/ Income from Operations Segment Results Profit (+)/Loss(-) before tax, Deprn. & Interest from a) USA - Information Technology Service I Software Services (10.04) (4.01) (3.04) (14.82) b) India - Information Technology Service I Software Services (6.03) c) Software Licenses Total (0.03) 1.23 (9.01) 6.73 Less: Interest (not allocable) Less: Depreciation (not allocable) Total ProliU(Los s) Before Tax (1.79) (0.98) (10.51) 1.74

4 PL Ol'L[ PROCESS ~ C,HNOL OGY S.D. Road, Secunderabad , Telangana, INDIA. Tele : /86/87 /88 URL: CIN : L72200TG1994PLC Id : corporate@goldstonetech.com Notes: 1 The financial results of the Company have been prepared in accordance with the Indian Accounting Standards ("Ind AS") as prescribed under section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standard) Rules, 2015, as amended. 2 The unaudited results were reviwed by the Audit Committee of the Board and approved by the Board of Directors of the Company at t heir meeting held on August 13, Ind AS 115, Revenue from Contracts with Customers, mandatory for reporting periods beginning on or after 1st April 2018, replaces existing revenue recognition requirements. Under the modified retrospective approach, there were no significant adjustments required to the retained earnings as at 1st April Also, the application of Ind AS 115 did not have any s ignificant impact on recognition and measurement of revenue and related items in the financial results of the Company. 4 The results for the quarter ended 30 June 2018 presented were subjected to a "limited review" by the Statutory Auditors of the Company. An unqualified report was issued by them thereon. 5 Segment Capital Employed: Segregation of assets, liabilities, depreciation and other non-cash expenses into various primary segments has not been done, as the assets are used interchangeably between segments. Accordingly no disclosure relating to segmental assets and liabilities has been made. 6 Previous period figures have been regrouped/reclassified wherever necessary to confirm with the c urrent periods classification/disclosure. Place : Secunderabad Date : 13th Aug 2018

5 P C N & ASSOCIATES CHARTERED ACCOUNTANTS Plot No. 12, "N Heights" Ground Floor, Software Layout Unit Cyberabad, Hyderabad Tel. (9 1-40) : pcnassociates@yahoo.com LIMITED REVIEW REPORT-STANDALONE FINANCIAL RE~l]LT~ To The Board of Directors Goldstone Technologies Limited Hyderabad Limited Review Report for the quarter ended 30th June, We have reviewed the accompanying statement of unaudited Standalone financial results of M/s. Goldstone Technologies Limited for the quarter ended 3Qth June, 2018, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure requirements) Regulations, This statement is the responsibility of the Company's Management and has been approved by the Board of Directors/ committee of Board of Directors in their meeting held on 13th August, Our responsibility is to issue a report on these financial statements based on our review. 3. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, Review of interi111 finnncinl infomintioll perfor111ed by t/1e illdependeut n11ditor of i/1e entity issued by the Institute of C hartered Accountants of India. This standard requires thal we plan and p erform the review lo obtain moderate assurance as to whether the financial statements are free of material misstatement. 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. 1. Based on our review conducted as above, nothing hos come to our nltenlion that causes us to believe Lhal Lhe acco1nµajlyu1g slalewejll of unaudited Standalone financial resulls prepared in accordance with applicable Ind AS and other recognized accounting practices and policies has not disclosed the information required to be disclosed in term s of Regulation 33 of the SEBI (Lis ting obligations and Disclosure requirements) Regulations, 2015 and SE131 circular da led Q5th July 2016 i1icludij1g the m anner in whicl1 it is to be disclosed, or that it con la ins any material miss ta tern en t. For P C N & Associates Place: Hyderabad Dal<-': 13 1 h J\ugusl 2018

6 PC N & ASSOCIATES CHARTERED ACCOUNTANTS Plot No. 12, "N Heights" Ground Floor, Software Layout Unit Cyberabad, Hyderabad Tel. (91-40) pcnassociates@yahoo.com LIMI TE D REV IEW REPOKT-CONSO LIDATED FINANCIJ\L RESULTS To The Board of Directors, M/s. Goldstone Technologies Limited Hyderabad Limited Review Report for the quarter e nded 30th June We have reviewed the accompanying statement of unaudited Consoli dated financial results ("the Statement") of M/s. Goldstone Technologies Limited Group comprising M/s. Goldstone Technologies limited ("the Company") and its subsidiaries (together referred to as 'the. group'), for the quarter ended June, 2018, being submitted by the Company pursuant to th e requirements of Regulation 33 of the SEB I (Listing Obligations and Disclosure requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/FAC/62/2016 dated July 5th The preparation of th e s tatement in accordance with the recognition and measureme!1t principles la id down in Indian Accounting Standard 34, Interim Fi nancial Reporting (Ind AS 34) prescribed under Section 133 of the Companies Act, 2013 read with Ru le 3 of Companies (Indian Accounting Standards) Rules, 2015 read with SEB I Ci rcula r No. CIR/CFD/FAC/62/2016 dated July 5 1 h 2016 is the responsibility of the Company's Management and has been approved by the Board of Directors in their meeting h eld on 13th August Our responsibility is to issue a report on the statement based on our review. 3. We conducted our review in accordance with the Standard on Review Engagement (SH.E) 2410, Review of interim financial information pe1formed 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 w hether the financial statements are free or m at erial misstatement. A review is limited primarily to inquiries of

7 PC N & ASSOCIATES CHARTERED ACCOUNTANTS Plot No. 12, "N Heights" Ground Floor, Software Layout Unit Cyberabad, Hyderabad Tel. . (91-40) pcnassociates@yahoo.com less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited Consolidated financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEB! ( Listing obligations and Disclosure requirements) Regulations, 2015 and SEBI circular dated OSt1 1 July 2016 including the manner in which it is to be disclosed, or that it contains any material misstatement. For PC N & Associates., Chartered Accountants., FRN:016016S Partner M.No Place: Hyderabad Date: 13th August 2018

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