Integrated Filing — IndAS



General information about company
Scrip Code 532773
NSE Symbol GLOBALVECT
MSEI Symbol NOTLISTED
ISIN INE792H01019
Name of company Global Vectra Helicorp Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Providing Helicopter Services
Start date and time of board meeting 29-May-2025   11:30:00
End date and time of board meeting 29-May-2025   17:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-05-29
Indicate Company website link for updated RPT policy of the Company https://www.globalhelicorp.com/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No Default



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1349412000 5421967000
Other income 379427000 514702000
Total income 1728839000 5936669000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 356512000 1361054000
(e) Finance costs 83021000 330267000
(f) Depreciation, depletion and amortisation expense 169959000 697670000
(f) Other Expenses
1 Helicopter maintenance 348702000 1533693000
2 Lease rentals 218698000 827350000
3 Other Expenses 346497000 1154247000
Total other expenses 913897000 3515290000
Total expenses 1523389000 5904281000
3 Total profit before exceptional items and tax 205450000 32388000
4 Exceptional items 0 0
5 Total profit before tax 205450000 32388000
6 Tax expense
7 Current tax 42004000 42004000
8 Deferred tax 37153000 -3113000
9 Total tax expenses 79157000 38891000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 126293000 -6503000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 126293000 -6503000
17 Other comprehensive income net of taxes 13197000 1052000
18 Total Comprehensive Income for the period 139490000 -5451000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 140000000 140000000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 9.02 -0.46
Diluted earnings (loss) per share from continuing operations 9.02 -0.46
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 9.02 -0.46
Diluted earnings (loss) per share from continuing and discontinued operations 9.02 -0.46
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 1179362000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 4113678000
Intangible assets under development 91000
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 234452000
Total non-current financial assets 234452000
Deferred tax assets (net)
Other non-current assets 90625000
Total non-current assets 5618208000
2 Current assets
Inventories 332442000
Current financial asset
Current investments 0
Trade receivables, current 378037000
Cash and cash equivalents 48769000
Bank balance other than cash and cash equivalents 65264000
Loans, current 0
Other current financial assets 475353000
Total current financial assets 967423000
Current tax assets (net)
Other current assets 991987000
Total current assets 2291852000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 7910060000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 140000000
Other equity 72623000
Total equity attributable to owners of parent 212623000
Non controlling interest
Total equity 212623000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 191670000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total non-current financial liabilities 191670000
Provisions, non-current 177623000
Deferred tax liabilities (net) 324448000
Deferred government grants, Non-current
Other non-current liabilities 2476754000
Total non-current liabilities 3170495000
Current liabilities
Current financial liabilities
Borrowings, current 826843000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 21705000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1779005000
Total Trade payable 1800710000
Other current financial liabilities 403899000
Total current financial liabilities 3031452000
Other current liabilities 1449748000
Provisions, current 45742000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 4526942000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 7697437000
Total equity and liabilites 7910060000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of Defined Benefit Plans -5850000 -18574000
Total Amount of items that will not be reclassified to profit and loss -5850000 -18574000
2 Income tax relating to items that will not be reclassified to profit or loss -2044000 -6491000
3 Amount of items that will be reclassified to profit and loss
1 The effecive portion of gain or loss on hedging instruments 26136000 20191000
Total Amount of items that will be reclassified to profit and loss 26136000 20191000
4 Income tax relating to items that will be reclassified to profit or loss 9133000 7056000
5 Total Other comprehensive income 13197000 1052000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 32388000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories -70544000
Adjustments for decrease (increase) in trade receivables, current -7334000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 179143000
Adjustments for decrease (increase) in other non-current assets 56733000
Adjustments for other financial assets, non-current -56080000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -6557000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -139313000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 697670000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 21105000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 376637000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 51596000
Adjustments for dividend income 0
Adjustments for interest income 89738000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -62864000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -43268000
Other adjustments for non-cash items -56773000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 850413000
Net cash flows from (used in) operations 882801000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) -95306000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 978107000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 836000
Purchase of property, plant and equipment 161890000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 9281000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 738885000
Net cash flows from (used in) investing activities 587112000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 40039000
Payments of lease liabilities 1460791000
Dividends paid 0
Interest paid 26882000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -13448000
Net cash flows from (used in) financing activities -1541160000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 24059000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 22352000
Net increase (decrease) in cash and cash equivalents 46411000
Cash and cash equivalents cash flow statement at beginning of period 2358000
Cash and cash equivalents cash flow statement at end of period 48769000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s. Kalyaniwalla & Mistry LLP Yes 31-Jul-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 AAA Rotor Ltd. Global Vectra Helicorp Limited Promoters Any other transaction Operating lease for Helicopte 3500000000 NIL 268976000 0 0
2 Indo Copter Pvt. Ltd Global Vectra Helicorp Limited Other Related Party Any other transaction Helicopter Maintenance 1000000000 NIL 24855000 0 0
3 Lt. Gen. Sarab Jot Singh Saighal Global Vectra Helicorp Limited Key management personnel of entity Remuneration NIL 1350000 0 0
4 Mr. Ashley Micheal Roy Global Vectra Helicorp Limited Key management personnel of entity Remuneration NIL 921000 0 0
5 Vectra IT Solutions Pvt. Ltd. Global Vectra Helicorp Limited Other Related Party Any other transaction Computer Maintenance -IFS, ERP Solutions, Software & Hardware 40000000 NIL 3503000 0 0
6 Mr. Hemang Ravi Rishi Global Vectra Helicorp Limited Other Related Party Any other transaction Rent expenses 20000000 NIL 5351000 0 5351000
Total value of transaction during the reporting period 304956000