GANDHAR2023-07-012023-09-30 GANDHAR2023-07-012023-09-30 GANDHAR2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member GANDHAR2023-07-012023-09-30in-bse-fin:OneOperatingExpenses02Member GANDHAR2023-07-012023-09-30in-bse-fin:OneOperatingExpenses03Member GANDHAR2023-07-012023-09-30in-bse-fin:OneOperatingExpenses04Member GANDHAR2023-07-012023-09-30in-bse-fin:OneOperatingExpenses05Member GANDHAR2023-07-012023-09-30in-bse-fin:OneOperatingExpenses06Member GANDHAR2023-07-012023-09-30in-bse-fin:OneOperatingExpenses07Member GANDHAR2023-07-012023-09-30in-bse-fin:OneOperatingExpenses08Member GANDHAR2023-07-012023-09-30in-bse-fin:OneOperatingExpenses09Member GANDHAR2023-07-012023-09-30in-bse-fin:OneOperatingExpenses10Member GANDHAR2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member GANDHAR2023-07-012023-09-30in-bse-fin:FourOperatingExpenses02Member GANDHAR2023-07-012023-09-30in-bse-fin:FourOperatingExpenses03Member GANDHAR2023-07-012023-09-30in-bse-fin:FourOperatingExpenses04Member GANDHAR2023-07-012023-09-30in-bse-fin:FourOperatingExpenses05Member GANDHAR2023-07-012023-09-30in-bse-fin:FourOperatingExpenses06Member GANDHAR2023-07-012023-09-30in-bse-fin:FourOperatingExpenses07Member GANDHAR2023-07-012023-09-30in-bse-fin:FourOperatingExpenses08Member GANDHAR2023-07-012023-09-30in-bse-fin:FourOperatingExpenses09Member GANDHAR2023-07-012023-09-30in-bse-fin:FourOperatingExpenses10Member GANDHAR2023-09-30 GANDHAR2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GANDHAR2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GANDHAR2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member GANDHAR2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 544029 GANDHAR NOTLISTED Gandhar Oil Refinery (India) Limited Equity 2023-04-01 2024-03-31 2023-12-15 2023-12-07 INR Millions Half yearly 16:00:00 16:50:00 2023-12-15 2023-12-15 true Cash Flow Indirect Not applicable Single segment petroleum products / specialty oils 2023-07-01 2023-09-30 Unaudited Consolidated 10009976000.00 22355000.00 10032331000.00 8869710000.00 40231000.00 -119913000.00 103928000.00 150127000.00 48672000.00 356757000.00 9449512000.00 582819000.00 0.00 582819000.00 106200000.00 -3963000.00 102237000.00 0.00 480582000.00 0.00 0.00 0.00 0.00 480582000.00 53288000.00 533870000.00 393075000.00 87497000.00 367350000.00 61222000.00 160000000.00 2 4.92 4.92 0.00 0.00 4.92 4.92 1) The Parent Company has completed its Initial Public Offer (IPO) of 2,96,26,732 equity shares of face value of Rs. 2 each at an issue price of Rs. 169 per share (including a share premium of Rs. 167 per share). The issue comprised of a fresh issue of 1,78,69,822 equity shares aggregating to Rs. 3,020 Million and offer for sale of 1,17,56,910 equity shares by selling shareholders aggregating to Rs. 1,986.92 Million. Pursuant to the IPO, the equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on November 30, 2023. Accordingly the above statement of consolidated unaudited financial results for the quarter and six month ended September 30, 2023 are drawn up for the first time in accordance with the requirement of Regulation 33 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirement) Regulations, 2015 as amended, accordingly the figures for the quarter and six months ended September 30, 2022 have not been reported. 2) The above unaudited consolidated financial results of Gandhar Oil Refinery (India) Limited have been prepared in accordance with and comply in all material as aspects with the Indian Accounting Standards (IND AS ) notified under Section 133 of the Companies Act, 2013 (“the Act”) read with relevant rules issued there under and in terms of regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,2015 (Listing Regulation),as amended. 3) The above unaudited consolidated financial results have been reviewed and recommended by Audit Committee and approved by the Board of Directors at their respective meetings held on December 15, 2023. The statutory auditors of the company carried out a review of the results for the quarter and six months ended September 30, 2023. 4) The group is primarily engaged in manufacturing and trading of of petroleum products / specialty oils. Accordingly, the company has only one reportable segment “petroleum products / specialty oils” as per IND AS 108- “Operating Segment”. 5) The above results are available on the Company's website (www.gandharoil.com) and also on the website of BSE (www.bseindia.com) and NSE (www.nseindia.com), where the shares of the Company are listed Single segment 2023-04-01 2023-09-30 Unaudited Consolidated 20713581000.00 34161000.00 20747742000.00 17545265000.00 852607000.00 -193221000.00 213768000.00 284660000.00 95873000.00 695066000.00 19494018000.00 1253724000.00 0.00 1253724000.00 238395000.00 -7633000.00 230762000.00 0.00 1022962000.00 0.00 0.00 0.00 0.00 1022962000.00 51709000.00 1074671000.00 840606000.00 182336000.00 811806000.00 155568000.00 160000000.00 2 10.51 10.51 0.00 0.00 10.51 10.51 Consumption of Stores and Spares 8174000.00 Electricity Charges 587000.00 Laboratory Expenses 36000.00 Labour Charges 20120000.00 Others 291473000.00 Power and Fuel 11815000.00 Repairs and Maintenance 13211000.00 Rsesearch & Development expenditure 9320000.00 Security Charges 1924000.00 Water Charges 97000.00 Consumption of Stores and Spares 16720000.00 Electricity Charges 1195000.00 Laboratory Expenses 71000.00 Labour Charges 37605000.00 Others 569620000.00 Power and Fuel 22236000.00 Repairs and Maintenance 25030000.00 Rsesearch & Development expenditure 18384000.00 Security Charges 4022000.00 Water Charges 183000.00 471271000.00 1892339000.00 886102000.00 8337000.00 3302000.00 10289000.00 0.00 0.00 0.00 1951000.00 0.00 2683000.00 358803000.00 363437000.00 9248000.00 517477000.00 3690531000.00 5371200000.00 0.00 7933167000.00 411859000.00 1000234000.00 48976000.00 162077000.00 9556313000.00 2253000.00 1780353000.00 16710119000.00 20400650000.00 160000000.00 8045844000.00 8205844000.00 8677115000.00 109929000.00 0.00 463122000.00 573051000.00 35645000.00 0.00 0.00 0.00 608696000.00 3211605000.00 6947508000.00 539914000.00 10699027000.00 254967000.00 12679000.00 148166000.00 11114839000.00 11723535000.00 20400650000.00 0.00 -862541000.00 -2315140000.00 0.00 -721799000.00 0.00 0.00 38411000.00 0.00 1274959000.00 0.00 0.00 -42464000.00 95873000.00 0.00 11723000.00 0.00 278831000.00 0.00 -23069000.00 0.00 0.00 0.00 -309000.00 0.00 0.00 -2585000.00 -50801000.00 0.00 -2318911000.00 -1065187000.00 0.00 -284660000.00 -31440000.00 109290000.00 0.00 -921257000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -190113000.00 0.00 -155568000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 37719000.00 0.00 0.00 0.00 31440000.00 0.00 0.00 0.00 -276522000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1626279000.00 0.00 20546000.00 18446000.00 40000000.00 284660000.00 0.00 -121451000.00 1141176000.00 -56603000.00 0.00 -56603000.00 468462000.00 411859000.00 Remeasurement of Defined benefit -Actuarial Gain/Loss 848000.00 Remeasurement of Defined benefit -Actuarial Gain/Loss -2585000.00 848000.00 -2585000.00 214000.00 -651000.00 Exchange differences in translating financial statement of foreign operations 52654000.00 Exchange differences in translating financial statement of foreign operations 53643000.00 52654000.00 53643000.00 0.00 0.00