WSI2023-10-012023-12-31 WSI2023-10-012023-12-31 WSI2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member WSI2023-10-012023-12-31in-bse-fin:OneOperatingExpenses02Member WSI2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member WSI2023-10-012023-12-31in-bse-fin:FourOperatingExpenses02Member WSI2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 504220 WSI NOTLISTED W S Industries (I) Limited Equity 2023-04-01 2024-03-31 2024-02-09 2024-02-02 INR Lakhs Third quarter 10:25:00 13:35:00 2024-02-09 2024-02-09 Not applicable Single segment Not applicable 2023-10-01 2023-12-31 Unaudited Consolidated 1103862000.00 1391000.00 1105252000.00 638949000.00 0.00 0.00 22331000.00 15143000.00 2031000.00 287721000.00 966175000.00 139077000.00 0.00 139077000.00 0.00 0.00 0.00 0.00 139077000.00 0.00 0.00 0.00 0.00 139077000.00 64000.00 139141000.00 0.00 0.00 470116000.00 10 2.95 2.79 0.00 0.00 2.95 2.79 1. The above unaudited results were reviewed by the Audit Committee on 8th February 2024, approved and taken on record by the respective Board at its meeting held on 9th February 2024, in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. 2. The Group financial results for the Quarter and nine months ended 31st December 2023 are prepared in accordance with the recognition and measurement principles laid down in Ind AS prescribed under Section 133 of the companies Act, 2013 read with relevant Rules issued thereunder. 3. The operations of the Holding Company for the current quarter is from the continuing business of turnkey projects from erstwhile operations and infrastructure operations. 4. During the quarter under review: i. the Holding Company has converted 60000 warrants to equity shares fully paid on 10th November 2023. 5. Previous period exceptional item includes impact of write back of liability to the tune of Rs. 847.53 Lakhs pertaining to discontinued Electro-porcelain products division’s and continuing business of turnkey projects of the Holding Company from erstwhile operations's long outstanding creditors and debtors with credit balances. 6. Current year exceptional item includes the following items of the Holding Company: (i) Receipt of compensation from NHAI for Rs.53.68 Lakhs with regards to banglore land (ii) Non refundable deposit net of GST amount Rs.82 Lakhs received resultant of leasing of Banglore land whereby giving easement right by way of giving access through the property, entire amount has been recognised as revenue during the quarter. 7. The Holding Company had participated in an e-auction on 09.03.2023 pursuant to which the Holding Company stood as the successful bidder and purchased the property, being an auction under SARFAESI, a Sale Certificate was issued confirming the ownership and possession on 27.03.2023. Accordingly, the Holding Company had remitted the sale consideration of Rs. 107.35 Crores. The Holding Company is in the process of registering the Sale Certificate with Sub Registrar Office of Sunguvarchatram. Pending mutation in favour of the Company the purchase consideration paid amounting to Rs.107.35 crores has been classified as Capital advance in financial statements. 8. The Consolidated financial statements relate to W.S. Industries (India) Limited (the Parent Company), and its Subsidiary Companies. The Parent Company with its subsidiaries constitute the Group. 9. The Subsidiary Companies considered in the consolidated financial statements is M/s. WSI Falcon Infra Projects Private Limited (formerly WS Insulators Private Limited) and WSI-P&C Verticals Private Limited, whose country of incorporation are in India and the percentage of voting power by W.S. Industries (India) Limited is 100% and 100% respectively. 10. The Group is not required to provide Segment Reporting under the criteria specified in IND AS 108. 11. The Holding company has incorporated on 30th December 2023 a wholly owned subsidiary in the name of WSI-P&C Verticals Private Limited. 12. Figures have been regrouped/reclassified wherever necessary, to conform to this period's classifications. Single segment 2023-04-01 2023-12-31 Unaudited Consolidated 2372574000.00 4380000.00 2376953000.00 1226885000.00 0.00 0.00 62100000.00 43448000.00 4695000.00 750318000.00 2087445000.00 289508000.00 13568000.00 303076000.00 0.00 0.00 0.00 0.00 303076000.00 0.00 0.00 0.00 0.00 303076000.00 112000.00 303188000.00 0.00 0.00 470116000.00 10 6.55 6.08 0.00 0.00 6.55 6.08 Contruction and other operating expenses 273758000.00 Other Expenses 13963000.00 Contruction and other operating expenses 697317000.00 Other Expenses 53001000.00 64000.00 112000.00 0.00 0.00 0.00 0.00