A slight decline in the revenue of Rs. 0.00 millions was seen for the December 2019 quarter as against Rs. 0.00 millions during year-ago period.The Total Profit for the quarter ended December 2019 of Rs. 2.60 millions grew from Rs.-7.90 millions Operating profit Margin for the quarter ended December 2019 improved to 11.16% as compared to -10.58% of corresponding quarter ended December 2018 (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 0.00 0.00 0.00 0.00 0.63 0.00 0.63 1.23 -48.78 Other Income 17.45 5.50 217.27 74.21 34.26 116.61 44.32 33.60 31.90 PBIDT 11.16 -10.58 -205.48 55.49 -4.16 -1433.89 -8.26 -33.87 -75.61 Interest 5.07 1.54 229.22 14.04 4.62 203.90 7.29 14.91 -51.11 PBDT 6.09 -12.12 -150.25 41.45 -8.78 -572.10 -15.55 -48.78 -68.12 Depreciation 1.83 3.60 -49.17 5.49 11.04 -50.27 13.12 16.17 -18.86 PBT 4.26 -15.72 -127.10 35.96 -19.82 -281.43 -28.67 -64.95 -55.86 TAX 1.66 -7.82 -121.23 9.31 -6.85 -235.91 -9.33 -24.67 -62.18 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 2.60 -7.90 -132.91 26.65 -12.96 -305.63 -19.34 -40.28 -51.99 Equity 363.08 363.08 0.00 363.08 363.08 0.00 363.08 363.08 0.00 PBIDTM(%) 0.00 0.00 0.00 0.00 -660.32 0.00 -1311.11 -2753.66 -52.39

Revenue reduced marginally to stand at Rs. 0.00 millions during the quarter ended June 2019. The figure stood at Rs. 0.63 millions during the year-ago period.The Net Profit of the company reported a remarkable increase of 449.07% to Rs. 23.61  millions  from Rs. 4.30 millions in previous same quarter.Operating profit for the quarter ended June 2019 rose to 28.34 millions as compared to 12.02 millions of corresponding quarter ended June 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 0.00 0.63 0.00 0.00 0.63 0.00 0.63 1.23 -48.78 Other Income 37.75 22.83 65.35 37.75 22.83 65.35 44.32 33.60 31.90 PBIDT 28.34 12.02 135.77 28.34 12.02 135.77 -8.26 -33.87 -75.61 Interest 4.24 1.54 175.32 4.24 1.54 175.32 7.29 14.91 -51.11 PBDT 24.10 10.48 129.96 24.10 10.48 129.96 -15.55 -48.78 -68.12 Depreciation 1.82 3.70 -50.81 1.82 3.70 -50.81 13.12 16.17 -18.86 PBT 22.28 6.78 228.61 22.28 6.78 228.61 -28.67 -64.95 -55.86 TAX -1.33 2.49 -153.41 -1.33 2.49 -153.41 -9.33 -24.67 -62.18 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 23.61 4.30 449.07 23.61 4.30 449.07 -19.34 -40.28 -51.99 Equity 363.08 363.08 0.00 363.08 363.08 0.00 363.08 363.08 0.00 PBIDTM(%) 0.00 1907.94 -100.00 0.00 1907.94 0.00 -1311.11 -2753.66 -52.39

A minor change in the total revenue was seen in the March 2019 quarter. The total revenue for the quarter stood at Rs. 0.00 millions against Rs. 0.00 millions during year ago period.The Net Loss for the quarter ended March 2019 is Rs. -6.38 millions as compared to Net Loss of Rs. -10.92 millions of corresponding quarter ended March 2018 Operating profit Margin for the quarter ended March 2019 improved to -4.08% as compared to -27.84% of corresponding quarter ended March 2018 (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 0.00 0.00 0.00 0.63 1.23 -48.78 0.63 1.23 -48.78 Other Income 10.06 8.38 20.05 44.32 33.60 31.90 44.32 33.60 31.90 PBIDT -4.08 -27.84 -85.34 -8.26 -33.87 -75.61 -8.26 -33.87 -75.61 Interest 2.68 3.81 -29.66 7.29 14.91 -51.11 7.29 14.91 -51.11 PBDT -6.76 -31.65 -78.64 -15.55 -48.78 -68.12 -15.55 -48.78 -68.12 Depreciation 2.08 3.95 -47.34 13.12 16.17 -18.86 13.12 16.17 -18.86 PBT -8.84 -35.60 -75.17 -28.67 -64.95 -55.86 -28.67 -64.95 -55.86 TAX -2.47 -24.67 -89.99 -9.33 -24.67 -62.18 -9.33 -24.67 -62.18 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT -6.38 -10.92 -41.58 -19.34 -40.28 -51.99 -19.34 -40.28 -51.99 Equity 363.08 363.08 0.00 363.08 363.08 0.00 363.08 363.08 0.00 PBIDTM(%) 0.00 0.00 0.00 -1311.11 -2753.66 -52.39 -1311.11 -2753.66 -52.39

A minor change in the total revenue was seen in the December 2018 quarter. The total revenue for the quarter stood at Rs. 0.00 millions against Rs. 0.00 millions during year ago period.The Net Loss for the quarter ended December 2018 is Rs. -7.90 millions as compared to Net Loss of Rs. -9.49 millions of corresponding quarter ended December 2017 Operating profit Margin for the quarter ended December 2018 further decreased to -10.58% as compared to -1.71% of corresponding quarter ended December 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 0.00 0.00 0.00 0.63 1.23 -48.78 1.23 5.16 -76.16 Other Income 5.50 8.15 -32.52 19.06 25.22 -24.43 33.60 36.49 -7.92 PBIDT -10.58 -1.71 518.71 -19.37 -6.04 220.70 -33.87 -4.71 619.11 Interest 1.54 3.70 -58.38 6.91 11.10 -37.75 14.91 13.55 10.04 PBDT -12.12 -5.41 124.03 -26.28 -17.14 53.33 -48.78 -18.26 167.14 Depreciation 3.60 4.08 -11.76 11.04 12.22 -9.66 16.17 17.76 -8.95 PBT -15.72 -9.49 65.65 -37.32 -29.36 27.11 -64.95 -36.02 80.32 TAX -7.82 0.00 0.00 -11.73 0.00 0.00 -24.67 -8.42 192.99 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT -7.90 -9.49 -16.75 -25.59 -29.36 -12.84 -40.28 -27.61 45.89 Equity 363.08 363.08 0.00 363.08 363.08 0.00 363.08 363.08 0.00 PBIDTM(%) 0.00 0.00 0.00 -3074.60 -491.06 526.12 -2753.66 -91.28 2916.75

Chowgule Steamships is currently trading at Rs. 8.20, up by 0.08 points or 0.99% from its previous closing of Rs. 8.12 on the BSE.The scrip opened at Rs. 8.51 and has touched a high and low of Rs. 8.51 and Rs. 8.20 respectively. So far 1000 shares were traded on the counter.The BSE group `XT` stock of face value Rs. 10 has touched a 52 week high of Rs. 19.20 on 10-Jan-2018 and a 52 week low of Rs. 8.00 on 19-Dec-2018.Last one week high and low of the scrip stood at Rs. 8.98 and Rs. 8.00 respectively. The current market cap of the company is Rs. 29.77 crore.The promoters holding in the company stood at 70.37%, while Institutions and Non-Institutions held 0.05% and 29.57% respectively.Chowgule Steamships has completed sale and delivery of its River-Sea Vessel on December 23, 2018. The sale of the said vessel, which was in a laid-up condition, has resulted in a book loss of about Rs 54 lakh.Chowgule Steamships is principally engaged in the carriage of goods by sea. The company`s Coastal fleet vessels participate in coastal movement of cargoes like cement clinker, bauxite, steel coils, food grains, industrial salt, etc.

A minor change in the total revenue was seen in the September 2018 quarter. The total revenue for the quarter stood at Rs. 0.00 millions against Rs. 1.23 millions during year ago period.The Net Loss for the quarter ended September 2018 is Rs. -9.62 millions as compared to Net Loss of Rs. -8.94 millions of corresponding quarter ended September 2017 Operating profit Margin for the quarter ended September 2018 further decreased to -5.60% as compared to -1.15% of corresponding quarter ended September 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 0.00 1.23 0.00 0.63 1.23 -48.78 1.23 5.16 -76.16 Other Income 5.93 8.29 -28.47 13.56 17.07 -20.56 33.60 36.49 -7.92 PBIDT -5.60 -1.15 386.96 -8.79 -4.33 103.00 -33.87 -4.71 619.11 Interest 1.90 3.70 -48.65 5.37 7.40 -27.43 14.91 13.55 10.04 PBDT -7.50 -4.85 54.64 -14.16 -11.73 20.72 -48.78 -18.26 167.14 Depreciation 3.74 4.09 -8.56 7.44 8.14 -8.60 16.17 17.76 -8.95 PBT -11.24 -8.94 25.73 -21.60 -19.87 8.71 -64.95 -36.02 80.32 TAX -1.62 0.00 0.00 -3.91 0.00 0.00 -24.67 -8.42 192.99 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT -9.62 -8.94 7.61 -17.69 -19.87 -10.97 -40.28 -27.61 45.89 Equity 363.08 363.08 0.00 363.08 363.08 0.00 363.08 363.08 0.00 PBIDTM(%) 0.00 -93.50 -100.00 -1395.24 -352.03 296.34 -2753.66 -91.28 2916.75

The revenue for the June 2018 quarter is pegged at Rs. 0.63 millions against Rs. 0.00 millions recorded during the year-ago period.The Net Loss for the quarter ended June 2018 is Rs. -8.07 millions as compared to Net Loss of Rs. -10.93 millions of corresponding quarter ended June 2017 Operating profit Margin for the quarter ended June 2018 improved to -3.19% as compared to -3.18% of corresponding quarter ended June 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 0.63 0.00 0.00 0.63 0.00 0.00 1.23 5.16 -76.16 Other Income 7.63 8.78 -13.10 7.63 8.78 -13.10 33.60 36.49 -7.92 PBIDT -3.19 -3.18 0.31 -3.19 -3.18 0.31 -33.87 -4.71 619.11 Interest 3.47 3.70 -6.22 3.47 3.70 -6.22 14.91 13.55 10.04 PBDT -6.66 -6.88 -3.20 -6.66 -6.88 -3.20 -48.78 -18.26 167.14 Depreciation 3.70 4.05 -8.64 3.70 4.05 -8.64 16.17 17.76 -8.95 PBT -10.36 -10.93 -5.22 -10.36 -10.93 -5.22 -64.95 -36.02 80.32 TAX -2.29 0.00 0.00 -2.29 0.00 0.00 -24.67 -8.42 192.99 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT -8.07 -10.93 -26.17 -8.07 -10.93 -26.17 -40.28 -27.61 45.89 Equity 363.08 363.08 0.00 363.08 363.08 0.00 363.08 363.08 0.00 PBIDTM(%) -506.35 0.00 0.00 -506.35 0.00 0.00 -2753.66 -91.28 2916.75

Revenue reduced marginally to stand at Rs. 0.00 millions during the quarter ended March 2018. The figure stood at Rs. 0.00 millions during the year-ago period.The Net Loss for the quarter ended March 2018 is Rs. -10.92 millions as compared to Net Loss of Rs. -3.28 millions of corresponding quarter ended March 2017 Operating profit Margin for the quarter ended March 2018 further decreased to -27.84% as compared to -2.00% of corresponding quarter ended March 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201803 201703 % Var Sales 0.00 0.00 0.00 1.23 5.16 -76.16 1.23 5.16 -76.16 Other Income 8.38 9.55 -12.25 33.60 36.49 -7.92 33.60 36.49 -7.92 PBIDT -27.84 -2.00 1292.00 -33.87 -4.71 619.11 -33.87 -4.71 619.11 Interest 3.81 3.39 12.39 14.91 13.55 10.04 14.91 13.55 10.04 PBDT -31.65 -5.39 487.20 -48.78 -18.26 167.14 -48.78 -18.26 167.14 Depreciation 3.95 4.38 -9.82 16.17 17.76 -8.95 16.17 17.76 -8.95 PBT -35.60 -9.77 264.38 -64.95 -36.02 80.32 -64.95 -36.02 80.32 TAX -24.67 -6.49 280.12 -24.67 -8.42 192.99 -24.67 -8.42 192.99 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT -10.92 -3.28 232.93 -40.28 -27.61 45.89 -40.28 -27.61 45.89 Equity 363.08 363.08 0.00 363.08 363.08 0.00 363.08 363.08 0.00 PBIDTM(%) 0.00 0.00 0.00 -2753.66 -91.28 2916.75 -2753.66 -91.28 2916.75

Revenue reduced marginally to stand at Rs. 0.00 millions during the quarter ended December 2017. The figure stood at Rs. 0.00 millions during the year-ago period.The Net Loss for the quarter ended December 2017 is Rs. -9.49 millions as compared to Net Loss of Rs. -7.72 millions of corresponding quarter ended December 2016 Operating profit Margin for the quarter ended December 2017 further decreased to -1.71% as compared to -0.36% of corresponding quarter ended December 2016 (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 0.00 0.00 0.00 1.23 5.16 -76.16 5.16 55.51 -90.70 Other Income 8.15 9.53 -14.48 25.22 26.93 -6.35 36.49 32.39 12.66 PBIDT -1.71 -0.36 375.00 -6.04 -2.71 122.88 -4.71 -38.30 -87.70 Interest 3.70 3.39 9.14 11.10 10.17 9.14 13.55 4.18 224.16 PBDT -5.41 -3.75 44.27 -17.14 -12.88 33.07 -18.26 -46.65 -60.86 Depreciation 4.08 4.48 -8.93 12.22 13.38 -8.67 17.76 45.68 -61.12 PBT -9.49 -8.23 15.31 -29.36 -26.26 11.81 -36.02 -92.32 -60.98 TAX 0.00 -0.51 0.00 0.00 -2.18 0.00 -8.66 -36.89 -76.52 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -8.66 -36.89 -76.52 PAT -9.49 -7.72 22.93 -29.36 -24.08 21.93 -27.36 -55.43 -50.64 Equity 363.08 363.08 0.00 363.08 363.08 0.00 363.08 363.08 0.00 PBIDTM(%) 0.00 0.00 0.00 -491.06 -52.52 835.00 -91.28 -68.98 32.33

Revenue showed a marginal decline at Rs. 0.00 millions. For the quarter ended June 2017, as compared to corresponding quarter of last year.The Net Loss for the quarter ended June 2017 is Rs. -10.93 millions as compared to Net Loss of Rs. -8.75 millions of corresponding quarter ended June 2016 Operating profit Margin for the quarter ended June 2017 further decreased to -3.18% as compared to -0.08% of corresponding quarter ended June 2016 (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 0.00 5.16 0.00 0.00 5.16 0.00 5.16 55.51 -90.70 Other Income 8.78 8.67 1.27 8.78 8.67 1.27 36.49 32.39 12.66 PBIDT -3.18 -0.08 3875.00 -3.18 -0.08 3875.00 -4.71 -38.30 -87.70 Interest 3.70 3.39 9.14 3.70 3.39 9.14 13.55 4.18 224.16 PBDT -6.88 -3.47 98.27 -6.88 -3.47 98.27 -18.26 -46.65 -60.86 Depreciation 4.05 4.42 -8.37 4.05 4.42 -8.37 17.76 45.68 -61.12 PBT -10.93 -7.89 38.53 -10.93 -7.89 38.53 -36.02 -92.32 -60.98 TAX 0.00 0.86 0.00 0.00 0.86 0.00 -8.66 -36.89 -76.52 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -8.66 -36.89 -76.52 PAT -10.93 -8.75 24.91 -10.93 -8.75 24.91 -27.36 -55.43 -50.64 Equity 363.08 363.08 0.00 363.08 363.08 0.00 363.08 363.08 0.00 PBIDTM(%) 0.00 -1.55 -100.00 0.00 -1.55 0.00 -91.28 -68.98 32.33

Chowgule Steamships has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Chowgule Steamships has informed that a meeting of the Board of Directors of the Company is scheduled to be held on October 14, 2016, to consider and approve the Un-audited Financial Results of the Company for the quarter ended September 30, 2016 as per the applicable IndAS formats. Further, the Trading Window in respect of shares of the Company shall remain closed for all Directors/Officers and Designated Employees from the opening of trading hours on October 07, 2016 till opening of the trading hours on October 17, 2016 as per the Code of Conduct for Prevention of Insider Trading adopted by the Company.The above information is a part of company’s filings submitted to BSE.