Sub: Unaudited Standalone Financial Results for the Quarter ended December 31, 2017

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1 BeSec/2018 February 07, 2018 BGR ENERGY SYSTEMS LIMITED 443 ANNA SALAI, TEYNAMPET, CHENNAI INDIA TEL: FAX: Web site: w w w.bgrcorp.com Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai NSE Symbol : BGRENERGY Department of Corporate Services BSE Limited P.J. Towers, Dalal Street, Mumbai BSE Scrip Code Dear Sirs, Sub: Unaudited Standalone Financial Results for the Quarter ended December 31, 2017 Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to forward the following: a) Unaudited Standalone Financial Results for the Quarter ended December 31, 2017 and b) Limited Review Report issued by the Statutory Auditors. The meeting of the Board of Directors commenced at 3.00 p.m. and concluded at 5.00 p.m. We request you to take the same on record. Thanking you, Yours truly, for BGR Energy Systems Limited R. Ramesh Kumar President Corporate & Secretary Encl: a.a. REGISTERED OFFICE: A-5 PANNAMGADU INDUSTRIAL ESTATE, RAMAPURAM POST, SULURPET TALUK, NELLORE DISTRICT, ANDHRA PRADESH INDIA. TEL: Corporate Identity Number : L40106AP1985PLC005318

f) BGR ENERGY BGR ENERGY SYSTEMS LIMITED Reg.off: A-5 Pannamgadu Industrial Estate, Ramapuram Post, Sullurpet Taluk, Nell ore District, Andhra Pradesh 52440 I Corp.

2 f) BGR ENERGY BGR ENERGY SYSTEMS LIMITED Reg.off: A-5 Pannamgadu Industrial Estate, Ramapuram Post, Sullurpet Taluk, Nell ore District, Andhra Pradesh I Corp.Off: 443, Anna Salai, Teynampet, Chennai Ph: , Fax: Corporate Identity Number: L40 I 06API985PLC compliance@bgrenegy.com website: STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2017 ~ in lakhs) Particulars Quarter Ended Nine Months Ended Year Ended (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Income (a) Revenue from operations (b) Other income (149) 39 (3) Total I nco me Expenses a) Cost of raw materials and components consumed b) Cost of manufacturing and construction c) other direct cost d) Changes in inventories of finished goods, stock in trade and work in progress (393) 1735 (499) (2317) e) Excise Duty on sale of goods f) Employee benefits expense g) Depreciation and amortization expense h) Finance costs i) Other expenses Total expenses Profit I (Loss) before exceptional items and tax (458) Exceptional items (1119) (1119) Profit I (Loss) from ordinary activites before tax (3+4) (664) Tax expense (230) Profit I (Loss) for the period (434) Other Comprehensive Income (OCI) Total Comprehensive I nco me for the period (7 + 8) (407) Paid - up equity share capital (Face value of the share~ 10 each) Other Equity Earnings per Share (EPS) (in~) (not annualised) a) Basic (0.60) b) Diluted (0.60) SEGMENTWISE REVENUE, RESULTS, ASSETS AND LIABILITIES Segment Revenue a) Capital Goods b) Construction and EPC Contracts c) Unallocated Total Less: Inter Segment Revenue Net Sales I Income from Operations Segment Results Profit(+) I (loss)( ) before tax and interest a) Capital Goods (234) (215) 460 (838) b) Construction and EPC Contracts c) Unallocated (149) 39 (3) Total Less: Interest Total Profit I (Loss) Before Tax (664) Segment Assets a) Capital Goods b) Construction and EPC Contracts Total Segment Liabilities a) Capital Goods b) Construction and EPC Conlr<lcls Total

3 Notes: 1 The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on February 07, The financial results for the quarter and nine months ended December 31, 2017 of the Company on standalone basis have been subjected to "Limited Review" by the Statutory Auditors of the Company. 3 Post app licability of Goods and Services Tax (GST) with effect from July 01, evenue from operations for the three months and nine months ended December 31, 2017 is net of GST. Therefore, the corresponding figures of previous periods are not comparable. 4 Exceptional item represents net write off of~ 1119 Lakhs, being the amount of~ 8010 Lakhs paid, towards BG encashment by a client, after adjusting available provision of~ 6891 Lakhs. However, the Company is seeking legal advise to assert Its right under the contract and for recovery of the amounts paid to the client. 5 The figures for the previous period have been regrouped I rearranged wherever necessary to conform to the current period of presentation. For BGR ENERGY SYSTEMS LIMITED Place : Chennai Date : February 07, 2018 ARJUN GOVIND RAGHUPATHY Deputy Managing Director & Chief Operating Officer

4 (CA) N.R.Doraiswami & Co Head Office : Manchlllu", No. 48, Race Course Colmbatore Phone: (3 Lines) MoUld : admln@srlnrd.ln audlt@srlnrd.ln Independent Auditors' Limited Review Report To The Board of Directors of BGR Energy Systems Limited I. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results ofbgr Energy Systems Limited ("the Company") for the quarter and nine months ended December 31, 2017 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, as modified by Circular no. CIR/CFD/F AC/62/20 16 dated July 5, This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("IND AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue report on the Statement based on our review. 3. We conducted our review of the Statement 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 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. Chennal Branch: No. 75 (3H), Third Floor, Prince Arcade New No. 29, Old No. 22-A, Cathedral Road, Chennal

5 (C<\) N. R~Doraiswami & Co Head Office : Manchlllu", No. 48, Race Course Colmbatore Phone: (3 Lines) Mallld : admln@srlnrd.ln audlt@srlnrd.ln 4. Based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016, including the manner in which it is to be disclosed, or that it contains any material misstatement. Place: Chennai Date: February 7, 2018 For N.R. DORAISWAMI & CO Firm Registration No. :000771S SUGUNARAVJC~ Nl_ Partner Membership No. : Chennal Branch: No. 75 (3H), Third Floor, Prince Arcade New No. 29, Old No. 22-A. Cathedral Road, Chennal

THE NATIONAL STOCK EXCHANGE OF INDIA LIMITED Exchange Plaza, 5th Floor, Plot No. C/1, G Block Bandra-Kurla Complex, Sandra (East) Mumbai

THE NATIONAL STOCK EXCHANGE OF INDIA LIMITED Exchange Plaza, 5th Floor, Plot No. C/1, G Block Bandra-Kurla Complex, Sandra (East) Mumbai GlaxoSmithKline Pharmaceuticals Ltd. GSK House, Dr. Annie Besant Road, Worli, Mumbai - 400 030 Tel No: +9 I 22 2495 9595 Fax No: +91 22 2495 9494 Web: www.gsk-india.com Email: askus@gsk.com 24th July,