BGRENERGY2023-10-012023-12-31 BGRENERGY2023-10-012023-12-31 BGRENERGY2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member BGRENERGY2023-10-012023-12-31in-bse-fin:OneOperatingExpenses02Member BGRENERGY2023-10-012023-12-31in-bse-fin:OneOperatingExpenses03Member BGRENERGY2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member BGRENERGY2023-10-012023-12-31in-bse-fin:FourOperatingExpenses02Member BGRENERGY2023-10-012023-12-31in-bse-fin:FourOperatingExpenses03Member BGRENERGY2023-12-31 BGRENERGY2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member BGRENERGY2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member BGRENERGY2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue03Member BGRENERGY2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member BGRENERGY2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member BGRENERGY2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue03Member BGRENERGY2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member BGRENERGY2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member BGRENERGY2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults03Member BGRENERGY2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member BGRENERGY2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member BGRENERGY2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults03Member BGRENERGY2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member BGRENERGY2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member BGRENERGY2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets03Member BGRENERGY2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member BGRENERGY2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member BGRENERGY2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member BGRENERGY2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member BGRENERGY2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member BGRENERGY2023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532930 BGRENERGY NOTLISTED BGR Energy Systems Limited Equity 2023-04-01 2024-03-31 2024-02-14 2024-02-05 INR Lakhs Third quarter 16:15:00 19:35:00 2024-02-14 2024-02-14 Not applicable Multi segment 2023-10-01 2023-12-31 Unaudited Consolidated 4621600000.00 105200000.00 4726800000.00 7714900000.00 0.00 0.00 278200000.00 1173900000.00 33300000.00 1113500000.00 10313800000.00 -5587000000.00 0.00 -5587000000.00 0.00 1326800000.00 1326800000.00 0.00 -6913800000.00 0.00 0.00 0.00 0.00 -6913800000.00 300000.00 -6913500000.00 -6903100000.00 -10700000.00 -6902800000.00 -10700000.00 721600000.00 10 -95.66 -95.66 0.00 0.00 -95.66 -95.66 0.00 0.00 0.00 1.The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on February 14, 2024. 2.The financial results for the quarter and and nine months ended December 31, 2023 of the company on consolidation basis have been subjected to a Limited Review by the Statutory Auditors of the Company. 3.The consolidated unaudited financial results includes the interim financial information of three subsidiaries and one joint venture, which have not been reviewed by their auditors and are considered based on accounts certified by their respective management. 4.The financial statements of the subsidiaries namely, BGR Boilers Private Limited for the year ended 31.03.2022 and 31.03.2023 and BGR Turbines Company Private Limited for the year ended 31.03.2023 are yet to be audited. 5.These Consolidated Financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 Interim Financial Reporting prescribed under section 133 of the Companies Act, 2013. The Interim Consolidated Financial results are prepared and presented in accordance with the significant accounting policies and methods, as adopted in the audited consolidated financial statements for the year ended 31st March 2023. 6.During the 3rd quarter, the Company received communication from the banks regarding classification of credit exposure of the Company as Substandard pursuant to RBI divergence report. The Company enjoys credit facility from 12 banks amounting to Rs.3894 crs. Out of this, 8 banks have classified the account as NPA amounting to Rs.3346 crs . During the quarter, the Company has accounted for termination/short closure of certain contracts and revision of project budget which has impacted the turnover. The promoters have infused funds in the form of Unsecured loan. The Company is taking efforts for debt restructuring and infusion of strategic investor. The Company is making all efforts of implementing a restructuring plan and therefore the accounts of the Company has been prepared on Going concern basis . 7.The income from operations includes claim settlement of Rs.663 crs received from a customer during the quarter. 8.Pursuant to the orders of the The Honourable Rajasthan High court on 21.12.2023, the Company received demand notice from the Rajasthan VAT authorities amounting to Rs.508.69 crs (Tax Rs.145.52 crs and Interest Rs.363.17 crs) on 12.01.2024. The Company is taking steps to file a SLP with Honourable Supreme court. 9.The figures for the previous period have been regrouped/rearranged wherever necessary to conform to the current period's classification. Multi segment 2023-04-01 2023-12-31 Unaudited Consolidated 8423500000.00 130200000.00 8553700000.00 10656600000.00 0.00 0.00 869600000.00 3194600000.00 103800000.00 1878200000.00 16702800000.00 -8149100000.00 0.00 -8149100000.00 0.00 753300000.00 753300000.00 0.00 -8902400000.00 0.00 0.00 0.00 0.00 -8902400000.00 1500000.00 -8900900000.00 -8887000000.00 -15400000.00 -8885500000.00 -15400000.00 721600000.00 10 -123.15 -123.15 0.00 0.00 -123.15 -123.15 0.00 0.00 0.00 Cost of Manufacturing and Construction 195300000.00 Other Direct Cost 100900000.00 Other Expenses 817300000.00 Cost of Manufacturing and Construction 583900000.00 Other Direct Cost 184800000.00 Other Expenses 1109500000.00 Capital goods 596400000.00 Construction and EPC contracts 4027200000.00 Unallocated 0.00 Capital goods 1653000000.00 Construction and EPC contracts 6779900000.00 Unallocated 0.00 4623600000.00 8432900000.00 2000000.00 9400000.00 4621600000.00 8423500000.00 Capital goods -218800000.00 Construction and EPC contracts -4196100000.00 Unallocated 1800000.00 Capital goods -127400000.00 Construction and EPC contracts -4845300000.00 Unallocated 18200000.00 -4413100000.00 -4954500000.00 1173900000.00 3194600000.00 0.00 1.The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on February 14, 2024. 2.The financial results for the quarter and and nine months ended December 31, 2023 of the company on consolidation basis have been subjected to a Limited Review by the Statutory Auditors of the Company. 3.The consolidated unaudited financial results includes the interim financial information of three subsidiaries and one joint venture, which have not been reviewed by their auditors and are considered based on accounts certified by their respective management. 4.The financial statements of the subsidiaries namely, BGR Boilers Private Limited for the year ended 31.03.2022 and 31.03.2023 and BGR Turbines Company Private Limited for the year ended 31.03.2023 are yet to be audited. 5.These Consolidated Financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 Interim Financial Reporting prescribed under section 133 of the Companies Act, 2013. The Interim Consolidated Financial results are prepared and presented in accordance with the significant accounting policies and methods, as adopted in the audited consolidated financial statements for the year ended 31st March 2023. 6.During the 3rd quarter, the Company received communication from the banks regarding classification of credit exposure of the Company as Substandard pursuant to RBI divergence report. The Company enjoys credit facility from 12 banks amounting to Rs.3894 crs. Out of this, 8 banks have classified the account as NPA amounting to Rs.3346 crs . During the quarter, the Company has accounted for termination/short closure of certain contracts and revision of project budget which has impacted the turnover. The promoters have infused funds in the form of Unsecured loan. The Company is taking efforts for debt restructuring and infusion of strategic investor. The Company is making all efforts of implementing a restructuring plan and therefore the accounts of the Company has been prepared on Going concern basis . 7.The income from operations includes claim settlement of Rs.663 crs received from a customer during the quarter. 8.Pursuant to the orders of the The Honourable Rajasthan High court on 21.12.2023, the Company received demand notice from the Rajasthan VAT authorities amounting to Rs.508.69 crs (Tax Rs.145.52 crs and Interest Rs.363.17 crs) on 12.01.2024. The Company is taking steps to file a SLP with Honourable Supreme court. 9.The figures for the previous period have been regrouped/rearranged wherever necessary to conform to the current period's classification. 0.00 -5587000000.00 -8149100000.00 Capital goods 2851800000.00 Construction and EPC contracts 43974600000.00 Unallocated 392400000.00 47218800000.00 0.00 47218800000.00 Capital goods 2019100000.00 Construction and EPC contracts 49291700000.00 Unallocated 4318200000.00 55629000000.00 0.00 55629000000.00 -300000.00 -1500000.00 0.00 0.00