LINC2023-10-012023-12-31 LINC2023-10-012023-12-31 LINC2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member LINC2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member LINC2023-12-31 LINC2023-10-012023-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member LINC2023-10-012023-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member LINC2023-10-012023-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member LINC2023-10-012023-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 531241 LINC NOTLISTED Linc Limited Equity 2023-04-01 2024-03-31 2024-02-08 2024-01-25 INR Lakhs Third quarter 17:00:00 18:30:00 2024-02-08 2024-02-08 Not applicable Single segment Writing Instruments and Stationery 2023-10-01 2023-12-31 Unaudited Consolidated 1239583000.00 7133000.00 1246716000.00 356083000.00 410421000.00 -20075000.00 189846000.00 6635000.00 37420000.00 164034000.00 1144364000.00 102352000.00 0.00 102352000.00 25980000.00 146000.00 26126000.00 0.00 76226000.00 0.00 0.00 0.00 0.00 76226000.00 -1322000.00 74904000.00 75627000.00 599000.00 74305000.00 599000.00 148723000.00 10 5.09 5.09 0.00 0.00 5.09 5.09 1. The aforementioned results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 8th February, 2024. Limited Review of these results as required under Regulation 33 of the SEBI (Listing and other Disclosure Requirements) Regulations, 2015 has been completed by the Statutory Auditors. 2. These consolidated financial results have been prepared in accordance with Indian Accounting Standards (Ind AS), prescribed under section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rule, 2015 and relevant amendments thereafter. 3. The Code on Social Security 2020, (the 'code') received Presidential assent on 28th September 2020. However, the date on which the Code will come into effect has not yet been notified. The Group will assess the impact of the Code in the period(s) in which the provisions of the Code become effective. 4. The Group's business activity falls within a single reportable operating segment i.e. Writing Instruments and Stationery , hence has only one reportable operating segment as per IND AS 108-Operating Segments. 5. Linc Limited ('the Holding Company') had entered into an agreement on 5th April, 2023 for acquisition of 60% shareholding of Gelx Industries Ltd, Kenya for which approval by Competition Authority of Kenya was received during the previous quarter. Post completion of the acquisition formalities, Gelx Industries Limited, Kenya has become a subsidiary of the company w.e.f. 3rd October, 2023. In view of the aforesaid acquisition, consolidated financial results for the period ended 31st December, 2023 includes figures of the subsidiary for the period 3rd October to 31st December, 2023. No corresponding previous periods/ years figures have been presented in respect of the consolidated financial results since the company did not have any subsidiary, associate or joint venture prior to this acquisition. 6. Linc Limited ('the Holding Company') had incorporated a wholly owned subsidiary in the name of Morris Linc Private Limited '' on 28th June, 2023. The company entered into a Joint Venture Agreement dated 23rd October, 2023 with Morris Co. Ltd. (“Morris”) via the aforesaid company to carry out manufacture and sale of anti-ink dry marker with automatic air tight sealing mechanism in a Profit Share Ratio of 50.01 : 49.99 for the Company & Morris respectively. In view of the ongoing procedural facilities for commencement of business as per the joint venture agreement, no financial transactions have been entered into as at the quarter-end except advance given toward share application money as per terms of JV agreement. Accordingly, there is no impact of the above in the consolidated financial results for the period ended 31st December, 2023. Single segment 2023-04-01 2023-12-31 Unaudited Consolidated 3670528000.00 39883000.00 3710411000.00 1012301000.00 1296113000.00 -84062000.00 547846000.00 18413000.00 112672000.00 501706000.00 3404989000.00 305422000.00 0.00 305422000.00 82080000.00 -3798000.00 78282000.00 0.00 227140000.00 0.00 0.00 0.00 0.00 227140000.00 -3079000.00 224061000.00 226541000.00 599000.00 223462000.00 599000.00 148723000.00 10 15.23 15.23 0.00 0.00 15.23 15.23 Other Expenses 164034000.00 Other Expenses 501706000.00 Employee Benefit Expenses -1173000.00 Employee Benefit Expenses -3521000.00 -1173000.00 -3521000.00 -295000.00 -886000.00 Foreign Currency Translation Differences -444000.00 Foreign Currency Translation Differences -444000.00 -444000.00 -444000.00 0.00 0.00