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SRB C & CO LLP Chartered Accountants 12th Floor , The Ruby 29 Senapati Bapat Marg Dadar ( West ) Mumbai 400 028 , India Tel : +91 22 6819 8000 Independent Auditor's Review Report on the Quarterly Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 , as amended Review Report to The Board of Directors Oberoi Realty Limited 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Oberoi Realty Limited ( the " Holding Company " ) and its subsidiaries ( the Holding Company and its subsidiaries together referred to as " the Group " ) , and its joint ventures for the quarter ended June 30 , 2021 ( the " Statement " ) attached herewith , being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 , as amended ( the " Listing Regulations " ) . 2. This Statement , which is the responsibility of the Holding Company's Management and approved by the Holding Company's Board of Directors , has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 , ( Ind AS 34 ) " Interim Financial Reporting " prescribed under Section 133 of the Companies Act , 2013 as amended , read with relevant rules issued thereunder and other accounting principles generally accepted in India . Our responsibility is to express a conclusion 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 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 No. CIR / CFD / CMD1 / 44 / 2019 dated March 29 , 2019 issued by the Securities and Exchange Board of India under Regulation 33 ( 8 ) of the Listing Regulations , to the extent applicable . 4. The Statement includes the results of the entities listed in Annexure 1 of this report . 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of other auditors referred to in paragraph 6 below , nothing has come to our attention that causes us to believe that the accompanying Statement , prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ( ' Ind AS ' ) specified under Section 133 of the Companies Act , 2013 , as amended , read with relevant rules issued thereunder and other accounting principles generally accepted in India , has not disclosed the information required to be disclosed in terms of the Listing Regulations , including the manner in which it is to be disclosed , or that it contains any material misstatement . 6. The accompanying Statement includes the unaudited interim financial results , in respect of : Two subsidiaries , whose unaudited interim financial results include total revenues of Rs . NIL , total net loss after tax and total comprehensive loss of Rs . 0.11 lakhs , for the quarter ended June 30 , 2021 , as considered in the Statement which have been reviewed by their independent auditors . Three joint ventures , whose unaudited interim financial results include Group's share of net profit of Rs . 6.62 Lakhs and Group's share of total comprehensive income of Rs . 6.97 Lakhs for the quarter ended June 30 , 2021 , as considered in the Statement whose interim financial results have been reviewed by their independent auditors . The independent auditor's review reports on interim financial results of these entities have been furnished to us by the Management and our conclusion on the Statement , in so far as it relates to the amounts and disclosures in respect of these subsidiaries , and joint ventures is based solely on the report of such auditors and procedures performed by us as stated in paragraph 3 above . RBC SR COLLA MUMBAI * SRBC & CO LLP , a Limited Liability Partnership with LLP Identity No. AAB - 4318 Regd . Office 22 , Camac Street , Block ' B ' , 3rd Floor , Kolkata - 700 016 2/9 CHARTERED CCOUNTANTS