JAYNECOIND2023-10-012023-12-31 JAYNECOIND2023-10-012023-12-31 JAYNECOIND2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member JAYNECOIND2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member JAYNECOIND2023-12-31 JAYNECOIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member JAYNECOIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member JAYNECOIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue03Member JAYNECOIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member JAYNECOIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member JAYNECOIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue03Member JAYNECOIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member JAYNECOIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member JAYNECOIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults03Member JAYNECOIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member JAYNECOIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member JAYNECOIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults03Member JAYNECOIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member JAYNECOIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member JAYNECOIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets03Member JAYNECOIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member JAYNECOIND2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member JAYNECOIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member JAYNECOIND2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member JAYNECOIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member JAYNECOIND2023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 522285 JAYNECOIND NA Jayaswal Neco Industries Limited Equity 2023-04-01 2024-03-31 2024-01-25 2024-01-17 INR Lakhs Third quarter 13:00:00 16:10:00 2024-01-25 2024-01-25 Not applicable Multi segment 2023-10-01 2023-12-31 Unaudited Standalone 15561900000.00 98400000.00 15660300000.00 6738000000.00 116300000.00 -792000000.00 964100000.00 1149500000.00 667000000.00 5631000000.00 14473900000.00 1186400000.00 0.00 1186400000.00 0.00 298800000.00 298800000.00 0.00 887600000.00 0.00 0.00 0.00 0.00 887600000.00 -6100000.00 881500000.00 0.00 0.00 9709900000.00 10 0.91 0.91 0.00 0.00 0.91 0.91 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 25th January, 2024. The Statutory Auditors have carried out a Limited Review of the above results. 2. In the earlier years, the Directorate of Enforcement by way of two attachments had provisionally attached the Plant and Machinery under installation at Dagori Integrated Steel Plant situated at Bilha, Bilaspur (Chhattisgarh) and certain property, plant and equipment at Steel Plant Division, Siltara, Raipur to the extent of Rs. 30758 Lakhs for alleged misuse of coal raised from Gare Palma IV/4 coal block in Chhattisgarh. The Adjudicating Authority had confirmed the above provisional attachments. Subsequently, the Appellate Authority stayed both the attachments on an appeal filed by the Company where the matter has been put up for hearing on 15th May 2024. The Company has a good case on merits, is likely to succeed in refuting the allegations and does not expect any material liability on the Company on this account. 3. During the period, based on the direction of Samadhan (Delhi High Court Mediation & Conciliation Centre), a settlement agreement between M/s Goyal MG Gases Pvt Ltd (Lessor) and the Company was executed on 29th May, 2023 for a dispute related to 70 TPD Oxygen Plant and the Company purchased the said Oxygen Plant from the Lessor for Rs. 850 Lakhs plus applicable Taxes. Exceptional items in the above results represents payments related to Lease rentals, interest paid in pursuance to the orders of the Honourable Delhi High Court and Samadhan. 4. As per the terms of the Restructuring Support Agreement (RSA) dated 23rd August 2021, the Company had to refinance its outstanding amount of Principal Term Loans and Interest Accrued but not due on Borrowings from ACRE Trusts on or before 15th December 2023. The Company has duly repaid its entire Secured Obligations to the ACRE Trusts on 14th December,2023 through Debt Refinancing by way of issuance of Non-Convertible Debentures (NCDs). On 14th December, 2023, the Company has made allotment of 3,20,000 Unlisted, Secured, Redeemable, NCDs, with 14.50% per annum as Scheduled Coupon Rate and 3.00% per annum as Additional Coupon Rate, having face value of Rs.100,000/- each aggregating to Rs.320000 Lakhs on private placement basis to the various Debenture holders with a tenor of sixty months from the Date of Allotment, commencement of Principal Repayment from 31st July, 2024 with Vistra ITCL (India) Limited as the Debenture Trustee. The Proceeds of the issue to the extent of Rs. 317362 Lakhs has been used for repayment of Secured Obligations of the ACRE Trusts and the balance unused amount is lying with the State Bank of India, Nagpur to be used towards payment for Debt Refinancing related costs, fees etc. 5. The figures for the corresponding previous period/year have been rearranged/regrouped wherever necessary, to make them comparable. Multi segment 2023-04-01 2023-12-31 Unaudited Standalone 45221200000.00 155300000.00 45376500000.00 19781100000.00 609200000.00 -1923700000.00 2479800000.00 3271200000.00 1990400000.00 16332300000.00 42540300000.00 2836200000.00 -6100000.00 2830100000.00 0.00 750600000.00 750600000.00 0.00 2079500000.00 0.00 0.00 0.00 0.00 2079500000.00 -18400000.00 2061100000.00 0.00 0.00 9709900000.00 10 2.14 2.14 0.00 0.00 2.14 2.14 Other Expenses 5631000000.00 Other Expenses 16332300000.00 Iron & Steel Castings 1373400000.00 Other 0.00 Steel 14305800000.00 Iron & Steel Castings 4107300000.00 Other 0.00 Steel 41566000000.00 15679200000.00 45673300000.00 117300000.00 452100000.00 15561900000.00 45221200000.00 Iron & Steel Castings 38400000.00 Other 0.00 Steel 2236500000.00 Iron & Steel Castings 91000000.00 Other 0.00 Steel 5989500000.00 2274900000.00 6080500000.00 1149500000.00 3271200000.00 -61000000.00 1. As per Indian Accounting Standard 108 'Operating Segments', the chief operating decision maker of the Company has identified following reportable segments of its business: a. Steel Segment is engaged in manufacture and sale of Pig Iron, Billets, Rolled Products including Alloy Steel and Sponge Iron and includes its captive power plants at its units located at Siltara, Raipur and Mining activities in the state of Chhattisgarh and Maharashtra. b. Iron and Steel Castings Segment is engaged in manufacture and sale of Engineering and Automotive Castings with production facilities at Nagpur in Maharashtra and Anjora in Chhattisgarh. c. Other Segment comprises of trading of PVC pipes. d. Unallocated comprises of income, expenses, assets and liabilities which can not be directly identified to any of the above segments. 2. The Company has operations in India. There is no identified Geographical Segment. -20800000.00 1186400000.00 2830100000.00 Iron & Steel Castings 2877000000.00 Other 2400000.00 Steel 55093100000.00 57972500000.00 2699500000.00 60672000000.00 Iron & Steel Castings 660600000.00 Other 0.00 Steel 4714500000.00 5375100000.00 32657600000.00 38032700000.00 -8200000.00 -24600000.00 -2100000.00 -6200000.00