WINDMACHIN2023-10-012023-12-31 WINDMACHIN2023-10-012023-12-31 WINDMACHIN2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member WINDMACHIN2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member WINDMACHIN2023-12-31 WINDMACHIN2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member WINDMACHIN2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member WINDMACHIN2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member WINDMACHIN2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member WINDMACHIN2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member WINDMACHIN2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member WINDMACHIN2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member WINDMACHIN2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member WINDMACHIN2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member WINDMACHIN2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member WINDMACHIN2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member WINDMACHIN2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member WINDMACHIN2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member WINDMACHIN2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 522029 WINDMACHIN NOTLISTED Windsor Machines Limited Equity 2023-04-01 2024-03-31 2024-02-09 2024-02-01 INR Lakhs Third quarter 14:00:00 17:30:00 2024-02-09 2024-02-09 Not applicable Multi segment 2023-10-01 2023-12-31 Unaudited Standalone 840992000.00 7931000.00 848923000.00 598134000.00 0.00 -36385000.00 113349000.00 20066000.00 40279000.00 72658000.00 808101000.00 40822000.00 0.00 40822000.00 14277000.00 -3283000.00 10994000.00 0.00 29828000.00 0.00 0.00 0.00 0.00 29828000.00 5634000.00 35462000.00 0.00 0.00 129864000.00 2 0.46 0.46 0.00 0.00 0.46 0.46 1. The above financial results were reviewed and recommended by the Audit Committee and were approved by the Board of Directors at its meeting held on February 09, 2024. Multi segment 2023-04-01 2023-12-31 Unaudited Standalone 2344662000.00 18641000.00 2363303000.00 1652988000.00 0.00 -94904000.00 328753000.00 54520000.00 110285000.00 257304000.00 2308946000.00 54357000.00 0.00 54357000.00 28048000.00 -12887000.00 15161000.00 0.00 39196000.00 0.00 0.00 0.00 0.00 39196000.00 4456000.00 43652000.00 0.00 0.00 129864000.00 2 0.60 0.60 0.00 0.00 0.60 0.60 Other Expenses 72658000.00 Other Expenses 257304000.00 Extrusion Machinery Division 446762000.00 Injection Moulding Machinery 401571000.00 Extrusion Machinery Division 1085463000.00 Injection Moulding Machinery 1275704000.00 848333000.00 2361167000.00 848333000.00 2361167000.00 Extrusion Machinery Division 46096000.00 Injection Moulding Machinery 30447000.00 Extrusion Machinery Division 63490000.00 Injection Moulding Machinery 78180000.00 76543000.00 141670000.00 20066000.00 54520000.00 15655000.00 3. This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 and Companies (Indian Accounting Standard) (Amendment) Rules, 2016. 4. a) The company had given inter-corporate loans of Rs. 6706 Lakhs in earlier years. Interest outstanding of Rs. 1031.27 Lacs for the year ended March 2020 is still outstanding. To secure the exposure, the Company has created an equitable mortgage in the year 2019-20. The company had estimated the realizable value of the securities based upon independent valuer’s report dated June 30, 2020, using the effective interest rate of the company for an estimated realization period of 1.5 years from the year ended March 31, 2020. Due to pandemic and the lockdown imposed in between years, the company had extended the realization period by further three years, which will have no impact on realization value of security received. No Major development has been possible in current year, however, appropriate actions have been initiated for recovery/ settlement of the outstanding amount, shortfall, if any, will be accounted for in the year of final recovery/ settlement. b) In view of uncertainty of ultimate collection of further interest, the company has not accrued interest income on the said intercorporate loan (net of provision) for the quarter ended Dec 31, 2023 amounting to Rs. 231.81 Lakhs, for nine month ended Dec 31,2023 amounting to Rs. 692.91. The aggregate of interest not accrued for the period April 1, 2020 till December 31, 2023 amounts to Rs. 3451.93 lakhs. 5.a) The company had given interest bearing capital advance of Rs. 3000 Lakhs in earlier year in relation to development of its immovable property situated at Thane. However, in view of ongoing commercial negotiation with respect to fulfilment of the terms of the contract, management feels that the Company may have to enter into a compromise arrangement and pay compensation to the contractor. During the year ended March 31, 2020, the company had made provision of Rs. 300 Lakhs towards estimated compensation and not accrued interest for the year ended March 31, 2020. During the year, no major development has occurred and the company has continued the same judgement in relation to provision of Rs. 300 Lakhs. b) In view of the uncertainty regarding outcome of the ongoing negotiation, the company continued its judgement and did not accrue interest income for the quarter ended Dec 31, 2023 amounting to Rs. 105.86 Lakhs, for nine month ended Dec 31,2023 amounting to Rs. 316.44. The aggregate of Interest not accrued for the period April 1, 2020 till December 31, 2023 amounts to Rs. 1576.44 lakhs. 6. The Assessing Officer (AO) made certain additions to Income Tax return of Company for AY 11-12 in the past, which Company appealed to CIT (A). CIT (A) cancelled additions made by AO. Income Tax Department challenged the CIT (A) decision before ITAT which has allowed appeal filled by revenue recently. Based on earlier legal advise, Company is of the view that such claims are untenable in law & in facts. Company has filled Miscellaneous Application (MA) to the ITAT. As per the ITAT order, Tax liability works out to be Rs. 15.11 crore including interest. 7. Previous period figures have been restated for prior period adjustments and regrouped/reclassified, wherever necessary, to make them comparable with current period figures. 32793000.00 40822000.00 54357000.00 Extrusion Machinery Division 1999093000.00 Injection Moulding Machinery 1257743000.00 3256836000.00 2347288000.00 5604124000.00 Extrusion Machinery Division 789641000.00 Injection Moulding Machinery 675233000.00 1464874000.00 1166317000.00 2631191000.00 5634000.00 4456000.00 0.00 0.00 0.00 0.00