limited review report on unaudited quarterly standalone financial …... · 2021. 2. 12. ·...

Limited review report on unaudited quarterly standalone financial resultsand standalone year-to-date results under Regulation 33 of the SEBI (ListingObligations and Disclosure Requirements) Regulations, 2015

To the Board of Directors ofSiemens Limited1. We have reviewed the accompanying Statement of unaudited standalone financial results of

Siemens Limited the for the quarter ended 31 March 2020 and year to dateresults for the period from 1 October 2019 to 31 March 2020

2. This Statement, which is the responsibility of the management and approved bythe Board of Directors, has been prepared in accordance with the recognition and measurementprinciples laid down in Indian Accounting Standard 34 Interim FinancialAS prescribed under Section 133 of the Companies Act, 2013, and other accountingprinciples generally accepted in India and in compliance with Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015. Our responsibility is toissue a report on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on ReviewEngagements (SRE) 2410 Review of Interim Financial Information Performed by theIndependent 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 towhether the Statement is free of material misstatement. A review is limited primarily toinquiries of company personnel and analytical procedures applied to financial data and thusprovides 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 tobelieve that the accompanying Statement, prepared in accordance with applicable accountingstandards and other recognised accounting practices and policies has not disclosed theinformation required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligationsand Disclosure Requirements) Regulations, 2015 including the manner in which it is to bedisclosed, or that it contains any material misstatement.

For B S R & Co. LLPChartered Accountants

Firm's Registration No: 101248W/W-100022

Farhad BamjiPartner

Mumbai Membership No. 10523413 May 2020 ICAI UDIN: 20105234AAAAAP4877

Digitally signed by Mathur SunilDN: cn=Mathur Sunil, o=Siemens,email=sunil.mathur@siemens.comDate: 2020.05.13 17:14:25 +05'30'

MathurSunil