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BSR & Co. 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 Telephone : +91 22 6257 1000 Fax : +91 22 6257 1010 Limited review report To Board of Directors of Alkem Laboratories Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Alkem Laboratories Limited ( " the Company " ) for the quarter ended 30 June 2021 ( " the Statement " ) . 2. 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 , and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations . Our responsibility is to issue a report on the Statement based on our review . 3. 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 . This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement . A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit . We have not performed an audit and accordingly , we do not express an audit opinion . 4. Attention is drawn to the fact that the figures for the 3 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 . 5. Based on our review conducted as above , nothing has come to our attention that causes us to believe that the accompanying Statement , prepared in accordance with applicable accounting standards and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 including the manner in which it is to be disclosed , or that it contains any material misstatement . Mumbai 6 August 2021 For BSR & Co. LLP Chartered Accountants Firm's Registration No : 101248W / W - 100022 BALAJIRAO Digitally signed by POTHANA BALAJIRAO POTHANA Date : 2021.08.06 12:43:34 + 05'30 ' Balajirao Pothana Partner Membership No : 122632 UDIN No : 21122632AAAABS4247 BSR & Co. ( a partnership firm with Registration No. BA61223 ) converted into B S R & Co. LLP ( a Limited Liability Partnership with LLP Registration No. AAB - 8181 ) 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