Page 1

BSR & Associates LLP Chartered Accountants 14th Floor , Central B Wing and North C Wing , Nesco IT Park 4 , Nesco Center , Western Express Highway , Goregaon ( East ) , Mumbai 400 063 , India Telephone : Fax : +91 22 6257 1000 +91 22 6257 1010 Limited review report on unaudited quarterly consolidated financial results under Regulation 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 To Board of Directors of Westlife Development Limited 1 . 2 . 3 . 4 . 5 . We have reviewed the accompanying Statement of unaudited consolidated financial results of Westlife Development Limited ( " the Parent " ) and its subsidiary , Hardcastle Restaurants Private Limited ( the Parent and its subsidiary together referred to as " the Group " ) , for the quarter ended 30 June 2021 ( " the Statement " ) , being submitted by the Parent pursuant to the requirements of Regulation 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 , as amended ( " Listing Regulations " ) . This Statement , which is the responsibility of the Parent's management and approved by the Parent's 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 , and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations . Our responsibility is to express a conclusion on the Statement based on our review . We conducted our review of the Statement in accordance with the Standard on Review Engagements ( SRE ) 2410 " Review of Interim Financial Information Performed by the Independent Auditor of the Entity " , issued by the Institute of Chartered Accountants of India . A review of interim financial information consists of making inquiries , primarily of persons responsible for financial and accounting matters , and applying analytical and other review procedures . A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit . Accordingly , we do not express an audit opinion . We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 ( 8 ) of the Listing Regulations , to the extent applicable . The Statement includes the results of the subsidiary , Hardcastle Restaurants Private Limited . Attention is drawn to the fact that the figures for the three months ended 31 March 2021 as reported in these financial results are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year . The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit . BSR & Associates ( a partnership firm with Registration No. BA69226 ) converted into BSR & Associates LLP ( a Limited Liability Partnership with LLP Registration No. AAB - 8182 ) with effect from October 14 , 2013 Registered Office : 14th Floor , Central B Wing and North C Wing , Nesco IT Park 4 , Nesco Center , Western Express Highway , Goregaon ( East ) , Mumbai - 400063