EPL LIMITED — Interim / Quarterly Report 2022

Jul 29, 2021

29 July 2021

lCorporate Service Department	The Listing Department· ··· ········· ·
I BSE Limited	National Stock Exchange of India Ltd
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Ref.: EPL Limited

Sub.: Unaudited financial results for the quarter ended 30 June 2021 and outcome of the Board Meeting.

Dear Sirs,

This is to inform the exchanges that the Board of Directors of the Company at its meeting held on today i.e. 29 July 2021, inter alia, has approved the following:

a) Unaudited financial results for the quarter ended 30 June 2021 of the Company's India standalone operations,and consolidated global operations.

Please find attached herewith the above mentioned unaudited financial results and limited review reports issued by M/s. Walker Chandiok & Co LLP, the Statutory Auditors of the Company, on the above mentioned financial results.

The above referred meeting was commenced at 1.00 p.m. and concluded at 3.45 p.m .

. The above is pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, for your information and record.

Kindly take the above on record.

Thanking You

Yours faithfully ~ited

A Suresh Savaliya ' SVP - Legal & Company Secretary

Encl.: As above

Filed online

Walker Chandiok & Co LLP

11th Floor, Tower II, One International Center, S B Marg, Prabhadevi (W), Mumbai - 400013 Maharashtra, India T +91 22 6626 2699 F +91 22 6626 2601

Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

To the Board of Directors of EPL Limited (formerly known as Essel Propack Limited)

• 1. We have reviewed the accompanying statement of consolidated unaudited financial results ('the Statement') of EPL Limited (formerly, Essel Propack Limited) ('the Holding Company') and its subsidiaries (the Holding Company and its subsidiaries together referred to as 'the Group'), and its associate (refer Annexure 1 for the list of subsidiaries and associate included in the Statement) for the quarter ended 30 June 2021, 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), including relevant circulars issued by the SEBI from time to time.
• 1. 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, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to time. Our responsibility is to express a conclusion on the Statement based on our review.
• 1. 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 the Standards on Auditing specified under section 143(10) of the Act, 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 SEBI Circular CIR/CFD/CMD1/44/2019 dated 29 March 2019 issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), to the extent applicable.

1. Based on our review conducted and procedures performed as stated in paragraph 3 above and upon consideration of the review reports of the other auditors referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the accounting principles laid down in Ind AS 34, prescribed under Section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including the manner in which it is to be disclosed, or that it contains any material misstatement.

Page 1 of 3

Chartered Accountants

Offices in Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune

EPL Limited (formerly known as Essel Propack Limited) Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

1. We did not review the interim financial results/ financial information of six (6) subsidiaries included in the Statement, whose financial results/ financial information reflects total revenues of INR 4,525 million, net profit after tax of INR 449 million and total comprehensive income of INR 449 million for the quarter ended 30 June 2021, as considered in the Statement. These interim financial results/ information have been reviewed by other auditors whose review reports have been furnished to us by the management, and our conclusion in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based solely on the review reports of such other auditors and the procedures performed by us as stated in paragraph 3 above.

Further, of these subsidiaries, five (5) subsidiaries are located outside India whose interim financial results/ financial information have been prepared in accordance with accounting principles generally accepted in their respective countries and which have been reviewed by other auditors based on the standard on review engagements applicable in their respective countries. The Holding Company's management has converted the financial results/ financial information of such subsidiaries from accounting principles generally accepted in their respective countries to accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Holding Company's management. Our conclusion, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based on the review report of other auditors and the conversion adjustments prepared by the management of the Holding Company and reviewed by us.

Our conclusion is not modified in respect of these matters with respect to our reliance on the work done by and the reports of the other auditors.

1. The Statement includes the interim financial information of one (1) subsidiary, which has not been reviewed by their auditors, whose interim financial information reflects total revenues of INR 5 million, net loss after tax of INR 0.20 million and total comprehensive loss of INR 0.20 million for the quarter ended 30 June 2021, as considered in the Statement. The Statement also includes the Group's share of net loss after tax of INR 3 million and total comprehensive loss of INR 4 million for the quarter ended on 30 June 2021, in respect of one (1) associate, based on its interim financial information, which have not been reviewed by their auditors, and have been furnished to us by the Holding Company's management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiary and associate, are based solely on such unreviewed interim financial information. According to the information and explanations given to us by the management, these interim financial information are not material to the Group.

Our conclusion is not modified in respect of this matter with respect to our reliance on the financial information certified by the Board of Directors.

1. The review of consolidated unaudited financial results for the quarter ended 30 June 2020 included in the Statement was carried out and reported by M/s Ford Rhodes Parks & Co. LLP, who have expressed an unmodified conclusion vide their review report dated 30 July 2020, whose reports has been furnished to us and which have been relied upon by us for the purpose of our review of the Statement. Our conclusion is not modified in respect of this matter.

For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No:001076N/N500013

RAKESH RAMAWATAR AGARWAL

Digitally signed by RAKESH RAMAWATAR AGARWAL Date: 2021.07.29 15:36:41 +05'30'

Rakesh R. Agarwal Partner Membership No:109632

UDIN:21109632AAAAJY6868

Place: Mumbai Date: 29 July 2021

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Offices in Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune

Chartered Accountants

EPL Limited (formerly known as Essel Propack Limited)

Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

Annexure 1

List of entities included in the Statement

Subsidiaries:

• 1. Lamitube Technologies Limited
• 1. Lamitube Technologies (Cyprus) Limited
• 1. Arista Tubes Inc.
• 1. EPL America, LLC (formerly known as Essel Propack America, LLC)
• 1. Laminate Packaging Columbia SAS (formerly known as Essel Colombia S.A.S.)
• 1. EPL Propack de Mexico, S.A. de C.V. (formerly known as Essel de Mexico, S.A. de C.V.)
• 1. EPL Deutschland Management GmbH (formerly known as Essel Deutschland Management GmbH)
• 1. EPL Deutschland GmbH & Co. KG (formerly known as Essel Deutschland GmbH & Co. KG)
• 1. EPL Misr for Advanced Packaging S.A.E. (formerly known as Essel Propack MISR for Advanced Packaging S.A.E.)
• 1. EPL Packaging (Guangzhou) Limited (formerly known as Essel Packaging (Guangzhou) Limited)
• 1. EPL Packaging (Jiangsu) Limited (formerly known as Essel Packaging (Jiangsu) Limited)
• 1. Essel Propack Philippines, Inc.
• 1. EPL Propack LLC (formerly known as Essel Propack LLC)
• 1. EPL Poland sp. Z.o.o (formerly known as Essel Propack Polska sp. z.o.o.)
• 1. EPL Propack UK Limited (formerly known as Essel Propack UK Limited)
• 1. MTL De Panama, S.A.
• 1. Tubopack de Colombia S.A.S.
• 1. Creative Stylo Packs Private Limited (effective 1 February 2021)

Associate:

1. PT. Lamipak Primula

This space has been intentionally left blank

EPL LIMITED (Formerly known as ESSEL PROPACK LIMITED) CIN: L74950MH1982PLC028947

Regd. Office : P .0. Vas ind, Ta Iuka Shahapur, Dist. Thane, Maharashtra - 421604

STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS

FOR THE QUARTER ENDED 30 JUNE 2021

	(Rs in Million, except per share data)
Particulars		Quarter ended			Year ended
		30-Jun	31-Mar	30-Jun	31-Mar
		2021	2021	2020	2021
		Unaudited	Unaudited	Unaudited	Audited
			(Refer note 2)
1	Income
a.	Revenue from operations	7,991	8,102	7,415	30,916
b.	Other income	53	30	51	145
	Total income	8,044	8,132	7,466	31,061
2	Expenses
a.	Cost of materials consumed	3,570	3,366	3,196	12,886
b.	Changes in inventories of finished goods and goods-in-process	(199)	130	(57)	48
C.	Employee benefits expense	1,557	1,576	1,466	6,064
d.	Finance costs	89	86	162	429
e.	Depreciation and amortisation expense	619	601	579	2,346
f.	Other expenses	1,614	1,632	1,344	5,807
	Total expenses	7,250	7,391	6,690	27,580
3	Profit before share of profit / (loss) of an associate,exceptional items and tax (1-2)	794	741	776	3,481
4	Share of profit/(loss) from associate	(3)	(2)	(0)	(9)
5	Profit before exceptional items and tax (3+4)	791	739	776	3,472
6	Exceotional items (aain)/loss (Refer note 3)	-	-	161	161
7	Profit before tax for the period (5-6)	791	739	615	3,311
8	Tax expense
i)	Current tax - current period	217	220	162	963
	- earlier period	(21)	(2)	(25)	(27)
ii)	Deferred tax charae / ( credit)	(7)	(63)	22	(68)
	Tota a' tax expense	189	155	159	868
9	Net Profit after tax for the period (7-8)	602	584	456	2,443
10	Other comprehensive income I (loss)
a.	Items that will not be reclassified to profit or loss
	- Remeasurement gainsl(losses) on defined benefit olan	(3)	4(1)	(5)	(15)
	- Income tax effects relatina to aboveItems that will be reclassified to profit or loss	1		1	4
b.	- Fair value changes of non-derivatives designated as cash flow	-	14	4	13
	hedae
	- Exchange differences on translation of financial statements of	372	(232)	201	404
	foreian ooerations
	- Income tax effects relatina to above	-	-	-	-
	Total other comprehensive incomel(loss) (net of tax)	370	(215)	201	406
11	Total comprehensive income l(loss)(9+10)	972	369	657	2.849
12	Net Profit for the period attributable to:
	Owners of the Company	579	568	444	2,391
	Non-controlling interest	23	16	12	52
13	Other comprehensive income attributable to:
	Owners of the Company	368	(216)	202	407
	Non-controlling interest	2	1	(1)	(1)
14	Total comprehensive income attributable to:Owners of the Company			646	2,798
	Non-controlling interest	94725	35217	11	51
15	Paid-up equity share capital (Face Value Rs. 2 each)	631	631	631	631
16	Other equity (excluding revaluation reserve)				16,350
	Earnings Per Share (EPS) (in Rs.) "
17	Basic	1.83	1.80	1.41	7.58
	Diluted	1.83	1.79	1.41	7.57
	(" Quarterly figures are not annualised)

EPL LIMITED (Formerly known as ESSEL PROPACK LIMITED) CIN: L74950MH1982PLC028947

Regd. Office : P .0. Vasind, Taluka Shahapur, Dist. Thane; Maharashtra - 421604

STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS

	FOR THE QUARTER ENDED 30 JUNE 2021(Rs. in Million}
	Quarter ended
	Consolidated Segment Information	30-Jun	31-Mar	30-Jun	Year ended31-Mar
		2021	2021	2020	2021
		Unaudited		Unaudited
			Unaudited. (Refer note 2)		Audited
	Segment revenue from operations
a	AMESA	2,819	2,766	2,193	9,934
b	EAP	2,060	1,849	2,020	7,820
C	AMERICAS	1,639	1,749	1,507	6,521
d	EUROPE	1,784	2,002	1,977	7,686
e	Unallocated	3	3	3	12
f	Inter Segmental elimination	(314)	(267)	(285)	(1,057)
	Total revenue from operations	7,991	8,102	7,415	30,916
	Segment Result
a	AMESA	311	224	160	1,083
b	EAP	345	216	438	1,434
C	AMERICAS	119	202	154	712
d	EUROPE	99	189	179	625
e	Unallocated	(7)	(9)	(6)	(24)
f	Inter Segmental elimination	(37)	(7)	(38)	(21)
	Total segment result	830	815	887	3,809
	Finance costs	(89)	(86)	(162)	(429)
	Other income (including interest income)	38	30	38	145
	Gain/(loss) on foreign exchange fluctuations (net)	15	(18)	13	(44)
	Exceptional items (gain)/loss (net) (Refer note 3)	-	-	161	161
	Share of profit/(loss) from associate	(3)	(2)	(0)	(9)
	Profit before tax	791	739	615	3.311
	Segment Assets
a	AMESA	9,796	9,521	9,154	9,521
b	EAP	8,310	7,565	7,203	7,565
C	AMERICAS	5,690	5,513	5,248	5,513
d	EUROPE	6,557	6,087	6,357	6,087
e	Unallocated	1,710	2,005	823	2,005
f	Inter Segmental elimination	(663)	(577)	(582)	(577)
	Total	31,400	30,114	28,203	30,114
	Segment Liabilities
a	AMESA	2,363	2,495	2,316	2,495
b	EAP	2,385	2,099	1,810	2,099
C	AMERICAS	1,006	1,004	814	1,004
d	EUROPE	1,562	1,327	1,321	1,327
e	Unallocated	6,277	6,314	6,349	6,314
f	Inter Segmental elimination	(489)	(439)	(427)	(439)
	Total	13,104	12,800	12,183	12,800

The Group is engaged in the business of Plastic Packaging Material. The Chief Operating Decision Maker (CODM) evaluates the Group's performance and allocates resources based on analysis of various performance indicators by geographical segments. The items which are not allocated to segments are shown as "Unallocated".

Geographical Segments are:

a AMESA : Africa, Middle East and South Asia include operations in India and Egypt.

b EAP : East Asia Pacific includes operations in China and Philippines.

C AMERICAS : includes operations in United States of America, Mexico and Colombia.

d EUROPE : includes operations in United Kingdom, Poland, Russia and Germany.

EPL LIMITED (Formerly known as ESSEL PROPACK LIMITED) CIN: L74950MH1982PLC028947

Re d. Office: P.O. Vasind Taluka Shaha ur Dist. Thane Maharashtra -421604

STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS

FOR THE QUARTER ENDED 30 JUNE 2021

NOTES:

• 1 EPL Limited (the 'Parent Company') and its subsidiaries are together referred to as 'the Group' in the following notes. The above unaudited consolidated financial results, prepared in accordance with the 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, have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 29 July 2021. The statutory auditors have carried out a limited review of the above unaudited consolidated financial results for the quarter ended 30 June 2021.
• 2 Figures for the quarter ended 31 March 2021 are the balancing figures between the audited figures for the financial year ended 31 March 2021 and the published year-to-date figures for the period ended 31 December 2020, which were subjected to limited review by the statutory auditors.
• 3 Exceptional items of Rs 161 million for the quarter ended 30 June 2020 and for the year ended 31 March 2021 represent impairment of assets and other associated costs on account of scaling down the business of one of the overseas operating units.
• 4 Pursuant to the Share Purchase Agreement (SPA) executed on 12 November 2020 for acquisition of Creative Stylo Packs Private Limited (CSPL), CSPL became a subsidiary of the parent company effective 1 February 2021. Accordingly, the unaudited consolidated financial results for the quarter ended 30 June 2021 includes the results of CSPL for full quarter i.e. 3 months whereas consolidated financial results for the quarter ended 31 March 2021 included the results of CSPL from the effective date i.e. 1 February 2021 to 31 March 2021.
• 5 In context of COVID environment, the Group continues to monitor the developments including those arising from current wave and is taking necessary precautions.
• 6 Figures shown as 'O' in the above results represent value less than Rupee one million.
• 7 Figures of the previous periods have been regrouped I rearranged wherever considered necessary.

Managing Dire tor and Chief Executive Officer DIN 05234702

Place : Mumbai Date : 29 July 2021

Walker Chandiok & Co LLP

11th Floor, Tower II, One International Center, S B Marg, Prabhadevi (W), Mumbai - 400013 Maharashtra, India T +91 22 6626 2699 F +91 22 6626 2601

Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

To the Board of Directors of EPL Limited (formerly, Essel Propack Limited)

• 1. We have reviewed the accompanying statement of standalone unaudited financial results ('the Statement') of EPL Limited (formerly, Essel Propack Limited) ('the Company') for the quarter ended 30 June 2021, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to time.
• 1. The Statement, which is the responsibility of the Company's Management and approved by the Company'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 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to time. Our responsibility is to express a conclusion on the Statement based on our review.
• 1. 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 the Standards on Auditing specified under section 143(10) of the Act, 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.
• 1. 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 the accounting principles laid down in Ind AS 34, prescribed under Section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including the manner in which it is to be disclosed, or that it contains any material misstatement.

Page 1 of 2

Chartered Accountants

Offices in Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune

EPL Limited (formerly, Essel Propack Limited) Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

1. The review of standalone unaudited quarterly financial results for the period ended 30 June 2020 included in the Statement was carried out and reported by M/s. Ford Rhodes Parks & Co. LLP, who have expressed an unmodified conclusion vide their review report dated 30 July 2020, whose report has been furnished to us and which has been relied upon by us for the purpose of our review of the Statement. Our conclusion is not modified in respect of this matter.

For Walker Chandiok & Co LLP Chartered Accountants

Firm Registration No:001076N/N500013

RAKESH RAMAWATAR AGARWAL

Digitally signed by RAKESH RAMAWATAR AGARWAL Date: 2021.07.29 15:35:51 +05'30'

Rakesh R. Agarwal

Partner Membership No:109632

UDIN:21109632AAAAJX4384

Place: Mumbai Date: 29 July 2021

Page 2 of 2

Offices in Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune

		EPL Limited (Formerly known as Essel Propack Limited)
		CIN L74950MH1982PLC028947
		Read. Office: P.O. Vaslnd, Taluka Shahapur, Dist. Thane, Maharashtra-421 604
		STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTSFOR THE QUARTER ENDED 30 JUNE 2021
					(Rs. in million exceot oer share data)
	Particulars		Quarter ended			Year ended
			30-Jun	31-Mar	30-Jun	31-Mar
			2021	2021	2020	2021
			Unaudited	Unaudited(Refer note 2\	Unaudited	Audited
1		Income
	a.	Revenue from operations	2,200	2,236	1,875	8,409
	b.	Other income (Refer note 4)	281	275	19	1143
		Total income	2,481	2,511	1,894	9,552
2		Expenses
	a.	Cost of materials consumed	1,049	1,007	756	3,570
	b.	Changes in inventories of finished goods and goods-in-process	(28)	11	14	(3)
	C.	Employee benefits expense	286	327	315	1,261
	d.	Finance costs	34	34	47	148
	e.	Depreciation and amortisation expense	204	206	234	896
	f.	Other expenses	508	559	472	1 938
		Total expenses	2,053	2,144	1,838	7,810
3		Profit before tax for the period (1-2)	' 428	367	56	1,742
4		Tax expense
		a) Current tax - current period	63	28	14	285
		- earlier period	(13)	-	-	-
		b) Deferred tax charge/(credit)	(14)	(13)	(2)	(73)
		Total tax expense	36	15	12	212
5		Net Profit after tax for the period (3-4)	392	352	44	1,530
6		Other comprehensive Income
		Items that will not be reclassified to profit or (loss)
		Income tax effect on above	(3)1	2(1)	(5)1	(13)3
		Other comorehenslve income /lloss) for the oeriod (net of tax)	(2)	1	(4)	(10)
7		Total comprehensive income for the period (5+6)	390	353	40	1,520
8		Paid-up equity share capital (Face Value Rs.2 each)	631	631	631	631
9		Other eauitv				6 714
10		Earnings Per Share (EPS) (In Rs.) 11.
		(a) Basic(b) Diluted	1.241.24	1.151.15	0.140.14	4.854.84
		(A Quarterly figures are not annualised)
		See accomoanvina notes to unaudited standalone financial results

EPL Limited (Formerly known as Essel Propack Limited) CIN L74950MH1982PLC028947 Regd. Office: P.O. Vasind, Taluka Shahapur, Dist. Thane, Maharashtra-421 604 STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2021

NOTES:

• 1 The above unaudited standalone financial results (the 'results'), prepared in accordance with the 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, have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 29 July 2021. The statutory auditors have carried out a limited review of the above results for the quarter ended 30 June 2021.
• 2 Figures for the quarter ended 31 March 2021 are the balancing figures between the audited figures in respect of full financial year ended 31 March 2021 and the published year-to-date figures upto the period ended 31 December 2020, which were subjected to limited review by the statutory auditors.
• 3 In context of COVID environment, the Company continues to monitor the developments including those arising from the current wave and is taking necessary precautions.
• 4 Other income includes:

Place: · Mumbai Date: 29-Jul-2021

				(Rs. In million)
	Quarter ended			Year ended
		30-Jun-2021 I 31-Mar-2021	I 30-Jun-2020	31-Mar-2021
Dividend income received from whollv owned subsidiaries	I261	219	I-	932

-..;:;~;;.:.,,

5 The Company publishes standalone financial results along with the consolidated financial results. Accordingly, as per Ind AS 108 'Operating Segments', no disclosures related to the segments are presented in these unaudited standalone financial results.

6 Figures of the previous periods have been regrouped/ rearranged wherever considered necessary.

For EPL Limited (Formerly known as Essel Propack Limited)

<-::-;1 rvt1~~ ~~ 0-·· lM BAI -- Sudhanshu Vats ~:) lanaging Director and Chief Executive Officer ·--- -· (DIN-05234702)