Orient Ceratech Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2017

1. Above financial results were reviewed by audit committee and approved by the Board of Directors at their respective meetings held on May 30, 2017.

2. Revenue from Operations for the year ended March 31, 2017 include Rs. 2,449.26 lakhs (Corresponding year ended March 31, 2016 Rs. 7,249.23 lakhs) towards sale of Bauxite Ore (Current quarter Rs. 2,338.80 lakhs, quarter ended December, 2016 - Rs. 24.31 lakhs, quarter ended March, 2016 - 1,710.39 Lakhs)

3. Other expenses for the year ended March 31, 2017 include Rs. 362.77 lakhs (corresponding year ended March 31, 2016 Rs. 637.32 lakhs) towards cost of mining (current quarter Rs. 257.07 lakhs, quarter ended December, 2016 - Rs. 46.78 lakhs, quarter ended March, 2016 – 260.61 Lakhs)

4. The Board of Directors at its meeting held on 30th May 2017 has proposed a dividend of Rs. 0.25 per equity share, which will be accounted for in the year in which it’s approved by the shareholders as per revised Accounting Standard issued under Companies (Accounting Standard) Amendment Rules, 2016. Proposed dividend used to be accounted based on board of directors recommendation till March 31, 2016.

5. The figures for the quarter ended March 31, 2017 & 2016 are the balancing figures between the audited figures in respect of the financial year ended March 31, 2017 & 2016 and the published year-to-date figures up to the third quarter of the respective financial year, which were subjected to limited review.

6. Previous period figures have been regrouped / rearranged, wherever considered necessary, to conform to the current quarter / year classification.