Deepak IndustriesLimited Regd. & Corporate Office:16, Hare Street, Kolkata 700 001

Phone: 033-2248-2391/92/93Fax: 03322489382

Website: www.dil-india.comCIN No. L63022W81954PLC021638

email: secretary@dil-india.com

10/08/2019

The Manager-ListingThe Calcutta Stock Exchange Limited7, Lyons Range,Kolkata-700 001

Dear Sirs,

Sub: Copy ofthe Unaudited financial result for the quarter ended 30/06/2019 under reg 33 ofSEBI(Listing obligation and Disclosure Requirements) Regulations, 2015.

Enclosed please find a copy of the captioned result along with the Auditor Limited Reviewreport thereon under the captioned SEBI(LODR) Regulations, 2015 considered and adoptedin the Board meeting held on 10/08/2019 at 2.00 P. M which concluded at 2.45 PM.

Thanking you,

Yours faithfully,For Deepak Industries Limitedl-e~~VDMALLCompany Secretary

LODHA&CO

14 Government Place East, Kolkata 700 069, IndiaTelephone 033-2248-1111/1507/40400000Telefax 033-2248-6960Email cal(a1Iodhaco.com

Chartered Accountants

Independent Auditors' Review ReportThe Board of DirectorsDeepak Industries Limited

1, We have reviewed the accompanying statement of unaudited Financial Results of Deepak IndustriesLimited ("the Company") for the Quarter ended on June 30,2019 ("the Statement"). The Statement hasbeen prepared by the Company pursuant to Regulation 33 of the Securities and Exchange Board ofIndia (Listing Obliyations and Disclosure Requirement) Regulations, 2015, as amended ("ListingRegulations 2015"), which has been initialed by us for identification purposes,

2. This Statement which is the responsibility of the Company's Management and has been approved by theBoard of Directors has been prepared in accordance with the recognition and measurement principleslaid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS - 34") prescribedunder Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and otheraccounting principles generally accepted in India. Our responsibility is to issue a report on the Statementbased on our review.

3. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410 "Reviewof Interim Financial Information Performed by the Independent Auditor of the Entity" issued by theInstitute of Chartered Accountants of India. This standard requires that we plan and perform the reviewto obtain moderate assurance as to whether the statement is free of material misstatement. A review islimited primarily to inquiries of the Company personnel and analytical procedures applied to financialdata and thus provide 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, we report that, nothing has come to our attention that causesus to believe that the Statement read with notes thereon, prepared in accordance with aforesaid IndianAccounting Standards and other recognised accounting practices and policies generally accepted inIndia, has not disclosed the information required to be disclosed in terms of the Listing Regulations,2015, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Lodha & CoChartered Accountants

Firm's ICAI Registration No. 301051 E

Place: KolkataDate: August 10, 2019

~H .K. Verma

PartnerMembership No. 055104

UDIN: 19055104AAAABP4292

Kolkata Mumbai New Delhi Chennai Hyderabad laipur

,SL. (~ in Lakhs)NO. PARTICULARS QUARTER ENDED YEAR ENDED

30.06.2019 31.03.2019 30.06.2018 31.03.2019Unaudited Audited Unaudited Audited

I Revenue from Operations 12,953.61 10,907.16 12,352.17 51,994.35II Other Income 262.87 392.96 307.62 1,170.57III Total Income (1+11) 13,216.48 11,300.12 12,659.79 53,164.92IV Expenses

Cost of Materials consumed 4,335.85 5,294.22 5,634.03 25,119.50Changes in inventories of finished goods, Stock -in- Trade and work-in- 1,856.92 (983.85) 178.19 (1,508.00)progressEmployee benefits Expense 1,473.21 1,354.59 1,387.81 5,911.04Finance costs 223.33 237.77 291.80 1,020.27Depreciation and amortization Expense 555.40 535.04 550.32 2,179.45Other Expenses 3,043.02 3,523.40 3,134.66 13,324.03Total Expenses (IV) 11,487.73 9,961.17 11,176.81 46,046.29

V Profit before tax (III-IV) 1,728.75 1,338.95 1,482.98 7,118.63

VI Tax Expense:(1) Current Tax 60901 274.07 607.17 2,430.00(2) Deferred Tax charge/(Credit) (13.71 ) 129.95 (114.29) 18.91

Total Tax Expense 595.30 404.02 492.88 2,448.91VII Profit for the periodlYear(V-VI) 1,133.45 934.93 990.10 4,669.72VIII Other Comprehensive Income(OCI)

(i) Items that will not be reclassified to Profit or loss 2.15 45.57 (12.33) 8.59(ii) Income tax relating to items that will not be reclassified to Profit (0.75) (15.92) 4.31 (3.00)or lossOther comprehensive income for the PeriodlYear, net of tax

1.40 29.65 (8.02) 5.59

Total Comprehensive Income for the PeriodlYear (VII+VIII)[comprising profit for the Period/ Year (after Tax) and Other

IX Comprehensive Income (after Tax)]. 1,134.85 964.58 982.08 4,675.31Paid -up equity share capital (Face Value of Rs. 10 per share) 395.64 395.64 395.64 395.64

X Other Equity excluding Revaluation Reserve - - 26,465.58(As at 31032019)

XI Earning Per share (on 10/- each) (not annualised)a) IBasic (~) 28.65 23.63 25.03 118.03b) I Diluted (~) 28.65 23.63 25.03 118.03

DEEPAK INDUSTRIES LIMITEDCIN : L63022WB1954PLC021638

Regd. Office: 16, Hare Street, Kolkata - 700001Phone :2248-2391/92/93. Fax - 033 2248 9382

website: www.dil-india.com Email : secretary@dil-india.comUnaudited Financial Results for the Quarter ended 30th June 2019

Notes:1. The above unaudited financial results for the quarter ended 30th June, 2019 were reviewed by the Audit Committee and thereafter,

approved by the Board of Directors and were taken on record at their meeting held on 10th of August, 2019.

2 The Company has adopted Ind AS 116 "Leases" in respect of Lease Contracts existing as on 1st April 2019 and entered thereafter.This however, does not have any material impact on the financial results of the Company.

3 The figures for the quarter ended 31st March, 2019 are the balancing figures between audited figures in respect of the full financialyear ended 31st March, 2019 and the unaudited year to date figures upto 31st December, 2018.

Contd ... Page-2

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4 Segment Wise Revenue. Results. Assets and Liabilities are as foliows:- ('< in Lakhs)

QUARTER ENDED YEAR ENDEDSL. PARTICULARS 30.06.2019 31.03.2019 30.06.2018 31.03.2019NO. Unaudited Audited Unaudited Audited

Segment RevenueA. a) Automobiles Gears 11,097.81 8,851.18 10,579.91 43,898.76

b) Industrial Gears 1,753.28 1,956.61 1,528.55 7,177.36c) Solar Power 102.52 99.37 243.71 918.23Gross revenue from operations and Interdivisional Transfer 12,953.61 10,907.16 12,352.17 51,994.35Less: Inter-segment Transfer - - - -

Net Revenue from Operations 12,953.61 10,907.16 12,352.17 51,994.35B. Seaments Results

a) Automobiles Gears 1,820.53 1,432.85 1,488.40 6,891.86b) Industrial Gears (114.40\ (221.37) (143.76) (35403)c) Solar Power (9.33 (14.61 ) 125.47 452.37Sub Total 1,696.80 1,196.87 1,470.11 6,990.20Less:Finance Cost 223.33 237.77 291.80 1,020.27Other Unaliocable Expenditure, net of unaliocable Income (255.28\ (379.85) (304.67) (1,148.70)Profit Before Tax 1,728.75 1,338.95 1,482.98 7,118.63

C. Seqment Assetsa Automobiles Gears 37,058.21 35,977.74 33,372.99 35,977.74b Industrial Gears 7,757.05 7,947.32 8,718.98 7,947.32c Solar Power 2,018.75 2,117.59 2,438.12 2,117.59Unaliocated/Corporate Assets/ Liablities 334.72 607.17 1,036.21 607.17Total Segment Assets 47,168.73 46,649.82 45,566.30 46,649.82

D. Segment Liablitiesa) Automobiles Gears 5,197.73 5,751.16 6,313.47 5,751.16b) Industrial Gears 12,396.48 12,451.10 13,863.91 12,451.10c) Solar Power 154.32 140.92 315.54 140.92Unaliocated/Corporate Assets/ Liablities 1,346.72 1,368.01 1,827.96 1,36801Total Segment Liablities 19,095.25 19,711.19 22,320.88 19,711.19

5 Other Income includes: ('< in Lakhs)

PARTICULARSQUARTER ENDED YEAR ENDED

30.06.2019 I 31.03.2019 I 30.06.2018 31.03.2019Liabilities no longer required written back 77.921 197.541 16.62 214.19

6 Previous period's figures have been regrouped/ rearranged by the Company, wherever necessary.

FODAK INDUSTRIES LIMITED

YKDA~DIN: 00040632Vice Chairman-cum- Joint Managing Director

Place: KolkataDate The 10th day of August 2019