KESORAMIND2024-01-012024-03-31 KESORAMIND2024-01-012024-03-31 KESORAMIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member KESORAMIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member KESORAMIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses03Member KESORAMIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member KESORAMIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member KESORAMIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses03Member KESORAMIND2024-03-31 KESORAMIND2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member KESORAMIND2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member KESORAMIND2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member KESORAMIND2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member KESORAMIND2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member KESORAMIND2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member KESORAMIND2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member KESORAMIND2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member KESORAMIND2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member KESORAMIND2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member KESORAMIND2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member KESORAMIND2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member KESORAMIND2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member KESORAMIND2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 502937 KESORAMIND NOTLISTED Kesoram Industries Limited Equity 2023-04-01 2024-03-31 2024-04-22 2024-04-09 INR Crores Yearly 15:00:00 15:50:00 2024-04-22 2024-04-22 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Unaudited Consolidated 10735600000.00 204000000.00 10939600000.00 1411100000.00 0.00 184600000.00 652600000.00 1238800000.00 400100000.00 7724200000.00 11611400000.00 -671800000.00 -496200000.00 -1168000000.00 0.00 1276200000.00 1276200000.00 0.00 -2444200000.00 0.00 0.00 0.00 0.00 -2444200000.00 67500000.00 -2376700000.00 0.00 0.00 0.00 0.00 3106600000.00 10 -7.87 -7.87 0.00 0.00 -7.87 -7.87 0.00 0.00 0.00 1. During the current quarter, the Company has repaid the entire 16,035 numbers of secured Listed Non-Convertible Debentures (NCDs) having a book value of Rs. 1,683.86 Crore on the date of redemption by availing new secured term loans from Financial Institutions bearing lower interest rates. On repayment of the above mentioned NCDs before its scheduled final maturity date, the unamortised issue expenses and upfront interest amounting to Rs. 49.62 Crore has been charged off and presented as an ‘Exceptional item’ in the Statement of Profit and Loss. The delisting of the repaid debentures has also been completed within the period ended March 31, 2024, hence the disclosures required under Regulation 52(4) has not been provided along with the published results. 2. The Company has carried out an impairment analysis in respect of its Investment in its wholly owned subsidiary, Cygnet Industries Limited. The Company has followed the discounted cash flow method to ascertain the recoverable amount and a provision of Rs. 15.22 Crore is recognised in the current year and presented as an ‘Exceptional item’ in the Standalone Statement of Profit and Loss. 3. The Board of Directors (“the Board ) of the Company at its meeting held on, November 30, 2023 has approved a Scheme of Arrangement (“the Proposed Scheme”) under Sections 230-232 of the Companies Act, 2013 between Kesoram Industries Limited (“Company”) and UltraTech Cement Limited (“the Resulting Company”) with the Appointed Date being April 1, 2024. The Proposed Scheme involves demerger of the cement business from the Company and is subject to the shareholders and various regulatory approvals. Pending such approvals, no effect of the Proposed Scheme has been considered in the books of account. 4. Share of profit or loss, from the joint venture (Gondhkari Coal Mining Limited) is Nil for all the periods presented in consolidated financial results. 5. The Code on Social Security, 2020 ( the Code ) has been enacted, which may impact the employee related contributions made by the Group. The effective date from which the changes are applicable is yet to be notified. The Ministry of Labour and Employment (‘the Ministry’) has released draft rules for the Code on November 13, 2020. The Group will complete its evaluation and will give appropriate impact in its financial results in the period in which the Code becomes effective and the related rules are published. 6. The audited financial results for the quarter and year ended March 31, 2024 ( the financial results ) comprise the standalone results of Kesoram Industries Limited ( the Company ) and the consolidated results of the Company including its subsidiary (collectively referred to as 'the Group') and joint venture. These financial results have been prepared in accordance with Indian Accounting Standards ( Ind AS ) notified under Section 133 of the Companies Act 2013 ( the Act ) read with the Companies (Indian Accounting Standards) Rules, 2015 (as amended). 7. Figures for the previous period have been regrouped/ reclassified wherever necessary to conform to current period's classification.The impact of such regrouping/reclassification is not material to the financial statement. 8. The audited standalone and consolidated financial results for the quarter and year ended March 31, 2024 have been reviewed by the Audit Committee and recommended for adoption to the Board of Directors. The Board has considered and approved the same at its meeting held on April 22, 2024. The standalone and consolidated financial results have been subjected to audit by the statutory auditors of the Company as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ). The statutory auditors have expressed an unmodified conclusion on these audited standalone and consolidated financial results. Multi segment 2023-04-01 2024-03-31 Audited Consolidated 39868800000.00 490600000.00 40359400000.00 5196800000.00 0.00 -267800000.00 2274000000.00 4885000000.00 1368900000.00 29148600000.00 42605500000.00 -2246100000.00 -496200000.00 -2742300000.00 0.00 1098600000.00 1098600000.00 0.00 -3840900000.00 0.00 0.00 0.00 0.00 -3840900000.00 57200000.00 -3783700000.00 0.00 0.00 0.00 0.00 3106600000.00 10 -2159400000.00 -12.36 -12.36 0.00 0.00 -12.36 -12.36 0.00 0.00 0.00 Other Expenses 903400000.00 Packing and Carriage 3200700000.00 Power and Fuel 3620100000.00 Other Expenses 3298600000.00 Packing and Carriage 11487000000.00 Power and Fuel 14363000000.00 16599100000.00 989400000.00 0.00 0.00 36200000.00 0.00 0.00 0.00 803500000.00 0.00 0.00 210200000.00 1013700000.00 3518600000.00 168400000.00 22325400000.00 2865900000.00 0.00 4681000000.00 944500000.00 895500000.00 300000.00 700600000.00 7221900000.00 1280800000.00 67200000.00 11435800000.00 0.00 0.00 33761200000.00 3106600000.00 -2158400000.00 948200000.00 948200000.00 21105200000.00 0.00 816800000.00 21922000000.00 311200000.00 0.00 0.00 0.00 22233200000.00 1567800000.00 6228500000.00 1384900000.00 9181200000.00 1281900000.00 114700000.00 2000000.00 0.00 10579800000.00 32813000000.00 33761200000.00 1) Capital work-in-progress includes Rights of use assets amounting to Rs.64.81 Crore 2) Other non-current assets includes Income tax asset (net) amounting to Rs. 5.02 Crore 3) Other non-current financial liabilities includes Lease liabilities amounting to Rs. 0.75 Crore 4) Other current financial liabilities includes Lease liabilities amounting to Rs. 2.20 Crore Cement 10036200000.00 Rayon, transparent paper and chemicals 699400000.00 Cement 37404800000.00 Rayon, transparent paper and chemicals 2464000000.00 10735600000.00 39868800000.00 10735600000.00 39868800000.00 Cement 530900000.00 Rayon, transparent paper and chemicals 36100000.00 Cement 2882700000.00 Rayon, transparent paper and chemicals -243800000.00 567000000.00 2638900000.00 1238800000.00 4885000000.00 496200000.00 496200000.00 -1168000000.00 -2742300000.00 Cement 28169300000.00 Rayon, transparent paper and chemicals 5591900000.00 33761200000.00 Cement 29709800000.00 Rayon, transparent paper and chemicals 3103200000.00 32813000000.00 4885000000.00 -553300000.00 0.00 0.00 -849100000.00 0.00 0.00 0.00 0.00 0.00 0.00 -170100000.00 0.00 1368900000.00 0.00 -21100000.00 0.00 0.00 0.00 0.00 200000.00 206200000.00 0.00 0.00 0.00 -11500000.00 0.00 408200000.00 0.00 4850600000.00 2108300000.00 0.00 0.00 0.00 52200000.00 0.00 2056100000.00 0.00 0.00 5200000.00 0.00 0.00 0.00 0.00 0.00 286100000.00 940300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 62500000.00 578300000.00 0.00 0.00 200000.00 311400000.00 0.00 -342400000.00 0.00 -164000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20821200000.00 16647000000.00 0.00 11400000.00 0.00 5647300000.00 0.00 0.00 -1484500000.00 407600000.00 0.00 407600000.00 536900000.00 944500000.00 71800000.00 56800000.00 4300000.00 -400000.00