june 2006 Quarter Results

NOTES

1. Investor's complaints received and disposed of during the quarter under report: (N0s.)
   
   Complaints pending at the beginning of the quarter:         0
   Complaints received during the quarter:                         9
   Complaints disposed of during the quarter:                     9
   Complaints lying unresolved at the end of the quarter:      0
   
   
2. Previous year / Current year / quarter figures have been regrouped / recasted wherever necessary to make them comparable.
   
   
3. The results for the quarter ended 30th June 2006 have been subjected to limited review by the Auditors and were taken on record at the Board of Directors meeting held on 31st July 2006.
   

For ESTER INDUSTRIES LIMITED
GURGAON	(ARVIND SINGHANIA)
31ST JULY 2006	CHAIRMAN AND MANAGING DIRECTOR