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K. G. Vakharia & Co. Chartered Accountants 504, “SAMRUDDI" Opp, Sakari, Bh, C.U.Shah College, Ne. income Tax Circle, Ashram Fioad, Ahmedabad-380 014 Tol. : (0) 2754 5253, 2754 1250, (0) 2002 5253 small : vakharia@ yahoo.co.in (M) 98253 27475 Limited Review Roport To, ‘The Board of Directors, Kushal Tradelink Limited Plot No.43, B/S Navneet Prakashan Press, BIH Govt. “G" Colony, ‘Sukhramnagar, Gomtipur, Abmedabad-380023 We have reviewed the accompanying, statement of unaudited financial results of Kushal Tradelink Limited for the period ended 30" September,2014, except for the disclosures regarding ;Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have nol been audited by us. This siatement is the responsibility of the Issuer's Management and has been approved by the Board of Ditectors/ committee of Board of Directors of the Issuer. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of inda, This standard requires that we pian and perform the review to obtain moderate assurance as to Whether the financial statements are free of material misstatement. A review is limited primarily to inguiries of Issuer's personnel and analytical procedures eppiicd to financial data and thus provides less assurance than an audit. We have not performed an audi and accordingly, we do not ‘express. an aud opinion, Based on aur review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recognised accounting practices and policies has ‘ot disclosed the information required to be disclosed in terms of Clause 43 of the Listing Agreement including the manner in which tis to be disclosed, or that it contains any material misstatement For K, G. Vakharia & Co. Chartered Accountants pun eee (§ (owe (CA Kalpesh Vakhria) ( Partner MINo. 102521 r F RN: 117022 Place: Ahmedabed Date : 20:10 20%4 Cortficale No: 23 2009PLO CIN: L519 037472 Plot No. 4, B88, Navnet Prakashan Press, Bin. Govt. ‘G' Colony, Sukhramnagar, Gomtipur, Ahmedabad-380 023 Phone 22772991, Fax. : 22782670 Email: kushaliradelink@kushaltradelink.com Website www.kushaltradelink.com JRUSHAL TRADELINK LTD. KuSHAL TRO Statement of Assets & Liabilities (Standalone Basis) _ ta. tss) Faas ‘satskmonte ended 20] As ats months ended 30 September 208 ‘enember 203 Teaniad Trad TROT STRATES 4 sarod nds te Str cata aarest sre (eure ard suous 320000 ina Sarna Bat 2 vajtgiem beavis 00 soa {Lou Tem rovers 188 300 () Btoes o s rt) iba 13 was wat 3 curentiasiis ty Soren borowngs cass carrey (role poate Sten ast (Goer Gorent bios ‘esti 01 {9 stem preven 872 sosay 9 Taazs ora eae Ta p | assers 1] non carat ansta ‘aired eets Tongue sete 10051 aoas (o)NanGaret esments ‘eos ‘eg (any Tern Looe ar Avance ese wa (Gloher Nor curent faces tai en aaa? Tait 2] curent onsets (oy nertores sont sues: (de cnevables sitet bree (o\easnand Bark Balance ooze msi (snot ans end advances east on Teaser Tanna rors a THT For apd on behalf of he Board of foe. KUSWAL TRADELINK LTD. “ es) oe Yn ‘y) MANAGING DIRE PLACE: AHMEDABAD DATE + 20.10.2014 SGGSTIAL RABEL, GIN 48 BEGAGUA BARBI 7: Bh. Govt. 'C* Colony, Sukhramnagar, Gomtipur, Ahmedabad-380 023. Phone 22772991, Fax. : 22782670 Email: kushaltradelink@kushaltradelink.com website: www.kushaltradolink.com ‘Statement of Profit and Loss (Standalone Basis) is nize Paeane mans Fort mona] os oa oe rar 34] scant 22, | cn Senenoer | on sopemver | 31 Mach ote Tated | — Unsaid |} —tisetag —| teats ta FORTS OPERATIONS + freee am omratine terse] serser] tomas] sezaur) somo. 2 [oneieans at 40 mat as uae 3 fTomtereue 3) Tone ae ee | la rucrseser rasesccns earar soso} tosran amzg08 [corer ri ons Coots ‘recea] (| rota] aay lel empore bene anne cree 2a oe ‘eat arrows Cons se one a see Pern ss Antenne ‘aaa ‘eee oH oe ne] | — | —— a 6 rotons see excepto nd rorya aT 6 sa soso sa ny 1 proto tore exrornay dT (8) a aT Sa a Ta 1 [xara tens foro tee) tart 4 Ta TT sR sa aa (cure Tax grt Cun Yor ax Prown) ‘oss ter e309 {Serr at Cat mee tans) 02 aos oo {Garena taper ting a Yoas (iss ae iss i sal a ag That Tea 1 fort oe tom contain cenaont 1) Te BAF Ta F Po She BF OTRO =a = 7 . Conta Oputere 1 on 10 220 ta Grssore in oe id 2] erm a en Saat Sa +4 Prono 8 remot rep shaolne Je enemies [wore tes (8% Tou Shear of rns & Pron Gea ou 093 oo) oa! on Jeomaz tours (os of ta Stacy Capa Company aon 3m sa) Er oe frnonaciera fn Se rau snemmengetnenar a ence sero] ssones]——ssrnce | sans | srt Poraaeo Shares {sof Tota Burchlars Cota oe Conga) >| ‘ae som ‘oes ‘ae Tareas Oe BTS HAL TADELINK TO. Ouele MAGI ORECTOR PLACE: nimteonaAD CIN:1519096J200081 Caaze7e mui SS BEG Gidd BRAGG dah’ 72 Seine ar 8S Coon, Sukhranneger Sear, Ansasebas see ees Fee ee ae ee Sreaars En kushatadoittunattagain om arate Man nichatedetve con Notes: 1) The above Financial Results have been reviewed by the audit committee and subsequently approved by the Board of Directors at their board meeting held on 20th October, 2014 2) The Financial results for the half year ended 30th September, 2014 (standalone basis) have been subjected to "Limited Review " by the Statutory Auditors ofthe company in compliance with the requirement ofthe Listing Agreement of the stock exchange. 3) There were no Investors complaints received/pending during the half yearly period ended on 30.09.2014 4) Details about Fund utilised from IPO Proceeds: (Rs. in Lacs) ae : Pee ee 7__ [Purchase and set up a Corporate House 000.75 1360.00 0.00 E Long term Working Capital requirement 1874.75) 1574.75] 0.00 3___|General Corporate Purposes 709.39 709 30| 0.00 4 [issue related Expenses 9600] 96100] 0.09 Total 274.80 3134.05 0.00

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