LINC2024-01-012024-03-31 LINC2024-01-012024-03-31 LINC2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member LINC2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member LINC2024-03-31 LINC2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member LINC2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member LINC2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member LINC2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 531241 LINC NOTLISTED Linc Limited Equity 2023-04-01 2024-03-31 2024-05-02 2024-04-25 INR Lakhs Yearly 17:30:00 20:15:00 2024-05-02 2024-05-02 true Cash Flow Indirect Declaration of unmodified opinion Single segment Writing Instruments and Stationery 2024-01-01 2024-03-31 Audited Consolidated 1407955000.00 32690000.00 1440645000.00 405045000.00 460672000.00 -50406000.00 211818000.00 7336000.00 37146000.00 213208000.00 1284819000.00 155826000.00 0.00 155826000.00 34170000.00 4899000.00 39069000.00 0.00 116757000.00 0.00 0.00 0.00 9000.00 116766000.00 -11957000.00 104809000.00 0.00 0.00 103575000.00 1234000.00 148723000.00 10 7.77 7.77 0.00 0.00 7.77 7.77 1. The aforementioned consolidated financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 02nd May, 2024. 2. The figures of the last quarter are the balancing figures between audited figures in respect of full financial year upto March 31, 2024 and the unaudited published year-to- date figures upto December 31, 2023 being the date of the end of the third quarter of financial year which were subject to limited review. 3. 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. 4. 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. 5. 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. 6. 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 year and 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 year ended 31st March, 2024 includes figures of the subsidiary for the period 3rd October, 2023 to 31st March, 2024. No corresponding figures for the quarter & year ended 31st March, 2023 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. 7. 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. Investment in the aforesaid company has been considered as a 'Joint Venture' in terms of IND AS 111 Joint Arrangements'' and accordingly the Holding Company's share of profit / loss (including other comprehensive income) has been considered in the consolidated financial results for the quarter and year ended 31st March, 2024. 8. The Consolidated Statement of Assets and Liabilities as on 31st March, 2024 and Consolidated Cash Flow Statement for the year ended 31st March, 2024 are annexed herewith. Single segment 2023-04-01 2024-03-31 Audited Consolidated 5078483000.00 72573000.00 5151056000.00 1417346000.00 1756785000.00 -134468000.00 759664000.00 25749000.00 149818000.00 714914000.00 4689808000.00 461248000.00 0.00 461248000.00 116250000.00 1101000.00 117351000.00 0.00 343897000.00 0.00 0.00 0.00 9000.00 343906000.00 -15036000.00 328870000.00 0.00 0.00 327037000.00 1833000.00 148723000.00 10 1895246000.00 23.00 23.00 0.00 0.00 23.00 23.00 Other Expenses 213208000.00 Other Expenses 714914000.00 14549000.00 951900000.00 90519000.00 0.00 10816000.00 2184000.00 0.00 10858000.00 13042000.00 33226000.00 256382000.00 1355885000.00 960816000.00 0.00 528843000.00 145605000.00 779000.00 0.00 8366000.00 683593000.00 95901000.00 1740310000.00 3096195000.00 148723000.00 1895246000.00 2043969000.00 2058518000.00 0.00 184274000.00 184274000.00 42527000.00 26387000.00 253188000.00 69153000.00 581080000.00 62119000.00 712352000.00 71786000.00 351000.00 784489000.00 1037677000.00 3096195000.00 25749000.00 -135548000.00 -112698000.00 0.00 -1378000.00 113000.00 -4698000.00 0.00 0.00 186629000.00 0.00 -22963000.00 -3985000.00 149818000.00 0.00 -198000.00 2930000.00 2050000.00 0.00 -13360000.00 0.00 19981000.00 0.00 0.00 0.00 0.00 0.00 -14412000.00 0.00 38068000.00 499316000.00 0.00 0.00 0.00 119226000.00 0.00 380090000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 15155000.00 281589000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 19968000.00 0.00 42076000.00 0.00 -204390000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 870000.00 0.00 18486000.00 74361000.00 12411000.00 0.00 0.00 -106128000.00 69572000.00 0.00 69572000.00 76033000.00 145605000.00 Employee Benefit Expenses -10555000.00 Employee Benefit Expenses -14791000.00 -10555000.00 -14791000.00 -2122000.00 -3723000.00 Foreign Currency Translation Differences -3524000.00 Foreign Currency Translation Differences -3968000.00 -3524000.00 -3968000.00 0.00 0.00