INDORAMA2023-10-012023-12-31 INDORAMA2023-10-012023-12-31 INDORAMA2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member INDORAMA2023-10-012023-12-31in-bse-fin:OneOperatingExpenses02Member INDORAMA2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member INDORAMA2023-10-012023-12-31in-bse-fin:FourOperatingExpenses02Member INDORAMA2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500207 INDORAMA NOTLISTED Indo Rama Synthetics (India) Limited Equity 2023-04-01 2024-03-31 2024-02-08 2024-01-25 INR Crores Third quarter 13:03:00 16:55:00 2024-02-08 2024-02-08 Not applicable Single segment Polyester 2023-10-01 2023-12-31 Unaudited Consolidated 9401000000.00 42600000.00 9443600000.00 7221500000.00 912600000.00 -88600000.00 284000000.00 366500000.00 101200000.00 1636500000.00 10433700000.00 -990100000.00 0.00 -990100000.00 0.00 0.00 0.00 0.00 -990100000.00 0.00 0.00 0.00 0.00 -990100000.00 -4900000.00 -995000000.00 0.00 0.00 0.00 0.00 2611100000.00 10 -3.79 -3.79 0.00 0.00 -3.79 -3.79 INDO RAMA SYNTHETICS (INDIA) LIMITED: Notes to the statement of consolidated unaudited financial results for the quarter and nine months ended 31 December 2023: 1. The consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors of Indo Rama Synthetics (India) Limited (the “Holding Company” together with its subsidiaries, the “Group” ) in their respective meetings held on 8th February 2024. The Statutory Auditors of the Holding Company have carried out a limited review of these results. 2. The financial results have been prepared in accordance with Indian Accounting Standards (‘Ind AS’) prescribed under section 133 of the Companies Act, 2013 read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 (as amended). 3. The Group's primary business segment is reflected based on principal business activities carried on by the Group. As per Indian Accounting Standard 108, Operating Segments, as notified under the Companies (Indian Accounting Standards) Rules, 2015, the Group operates in one reportable segment i.e. manufacturing and trading of polyester goods. 4. The current liabilities of the Holding Company exceed its current assets by Rs. 641.14 crores as at 31 December 2023. Considering the future business projections supported by ongoing capacity expansion through Debottlenecking of the existing plants, favourable industry focused trade policies of the Government and sufficient existing and expected credit facilities with the Holding Company, the management believes that the Holding Company will be able to realize its assets and will be able to meet its liabilities at the amounts stated in books and commitments in the normal course of business. 5. The Holding Company carries an amount of Rs. 258.61 crore as deferred tax assets (net) as at 31 December 2023. The management of the Holding Company is confident of generating sufficient taxable profits to realize aforesaid deferred tax assets based on future business projections which is supported by ongoing capacity expansion through Debottlenecking of the existing plants and favourable industry focused trade policies of the Government that are expected to enhance the operations and profitability of the Holding Company. 6. For more details on results, visit Investor Relations section of our website at www.indoramaindia.com and financial results under corporate section of www.nseindia.com and www.bseindia.com Single segment 2023-04-01 2023-12-31 Unaudited Consolidated 29691400000.00 53700000.00 29745100000.00 22040500000.00 1548800000.00 923200000.00 942800000.00 909800000.00 282500000.00 4727100000.00 31374700000.00 -1629600000.00 0.00 -1629600000.00 0.00 0.00 0.00 0.00 -1629600000.00 0.00 0.00 0.00 0.00 -1629600000.00 -4900000.00 -1634500000.00 0.00 0.00 0.00 0.00 2611100000.00 10 -6.24 -6.24 0.00 0.00 -6.24 -6.24 Foreign Exchange Fluctuation Loss/(Gain) 26200000.00 Other Expenses 1610300000.00 Foreign Exchange Fluctuation Loss/(Gain) 1100000.00 Other Expenses 4726000000.00 -4900000.00 -4900000.00 0.00 0.00 0.00 0.00