GOACARBON2024-01-012024-03-31 GOACARBON2024-01-012024-03-31 GOACARBON2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member GOACARBON2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member GOACARBON2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 509567 GOACARBON NOTLISTED Goa Carbon Limited Equity 2023-04-01 2024-03-31 2024-05-15 2024-05-08 INR Lakhs Yearly 15:00:00 18:05:00 2024-05-15 2024-05-15 true Cash Flow Direct Declaration of unmodified opinion Single segment Manufacture and Sale of Calcined Petroleum Coke 2024-01-01 2024-03-31 Audited Standalone 1784627000.00 54789000.00 1839416000.00 1596590000.00 0.00 -196319000.00 66146000.00 51214000.00 6415000.00 179278000.00 1703324000.00 136092000.00 0.00 136092000.00 34285000.00 8172000.00 42457000.00 0.00 93635000.00 0.00 0.00 0.00 0.00 93635000.00 5463000.00 99098000.00 0.00 0.00 91511000.00 10 10.23 0.00 0.00 0.00 10.23 0.00 1. The above fin. results have been reviewed by audit committee & approved by BoD at their mtgs held on 15-05-24. 2. Due to maintenance work & absence of viable orders, plants of the Company were shut down during the resp. qtr ended as under: Sr. Particulars Qtr ended Qtr ended Qtr ended Plant Units 31-3-24 31-12-23 31-3-23 1. Goa 2. Bilaspur 71 3. Paradeep 26 20 3.The Co. filed Draft Letter of Offer (DLOF) with SEBI on 23-12-22 & subsequently recd final observations from SEBI dtd 9-2-23 which was valid for a period of 12 months. However as the validity of the SEBI observation letter has expired, Co. is not going ahead with the Proposed Rights Issue & an amt of Rs 135.48 lacs towards rights issue expenses has been charged to the P&L A/c. as on 31-3-24. 4. The Co.'s appeal to the High Court of B’bay at Goa against the order of I.T. Appellate Tribunal which had confirmed the disallowance of deduction under sec. 80HHC of I.T. Act, 1961 for Assessment Years 93-94 to 2004-05 was allowed by the High Court vide its order dtd 21-10-10. I.T. dept. has filed a SLP before Hon’ble Supreme Court. The petition has been admitted & is pending for hearing. The amt of disputed tax & interest paid on this account is Rs 901 lacs. 5. Pursuant to Order of Hon'ble High Court dtd 14-9-23 dismissing the WP filed by the Co. on 7-10-19 & vacating the stay order on the proceedings of Goa Green Cess as levied by the Govt of Goa the Co. had received SCN on 22-9-23 for period FY 14-15 to FY 22-23 for principal amt of Cess along with interest & penalty on the same followed by demand amounting to Rs 531 lacs in current qtr ended 31-3-24. Co. has reversed excess provision in books for Goa Green Cess to the extent of Rs 363 lacs during qtr & year ended 31-3-24 under “Other income” in the statement of P&L. During qtr ended 31-12-23, Co. had filed a SLP before the Hon'ble Supreme Court on 11-11-23 challenging the constitutional validity of the said levy. Hon'ble Supreme Court vide interim order dtd 7-12-23 directed Co. to pay 50% of the demand to Govt. of Goa & provided stay on bal. 50% of demand amt (leading to payment of Rs 270 Lacs under protest). Additionally, Co. has challenged assessment of FY 14-15 to 19-20 by State tax authorities by way of WP before Hon'ble High Court of B’bay at Goa on 10-11-23 on ground that said notices are time-barred. Hon'ble High Court has directed State tax authorities to take cognizance of limitation period while issuing the Assessment Orders. 6. During year ended 31-3-24, the NCDRC – New Delhi awarded an amt of Rs 217.95 lacs (which includes interest of Rs 105.54 lacs) against an insurance claim filed by Co. with National Insurance Company Ltd (dtd 5-8-07) on account of loss of inventory due to natural calamity occurred at Paradeep in the year 2007. Said amt has been credited in the statement of P&L under other income during qtr ended 31-12-23 & for year ended 31-3-24. 7. Dividend paid during year ended 31-3-24 include an amt of Rs 10/- per equity share towards interim dividend for year ended 31-3-24 (Rs Nil per equity share for previous year ended 31-3-23) & Rs 17.50 per equity share towards final dividend for previous year ended 31-3-23 which resulted in a cash outflow of Rs 915.11 lacs & Rs1,601.43 lacs resp. 8. On 15-5-24, the BoD of the Co. have proposed a final dividend of Rs 10/- per equity share in respect of year ended 31-3-24 subject to approval of shareholders at the AGM & if approved would result in a cash outflow of approx. Rs 915.11 lacs. 9. The Co. operates only in 1 segment i.e. manufacture & sale of Calcined Petroleum Coke. 10. The fig. for qtr ended 31-3-24 & 31-3-23 represent the diff. between the audited fig. in respect of full FY & the published unaudited fig. for the 9 months ended 31-12-23 and 31-12-22 resp. Also, fig. upto the end of 3rd qtr were only reviewed & not subjected to audit. Single segment 2023-04-01 2024-03-31 Audited Standalone 10573064000.00 141597000.00 10714661000.00 7848864000.00 0.00 550728000.00 224620000.00 238214000.00 24759000.00 670367000.00 9557552000.00 1157109000.00 0.00 1157109000.00 300850000.00 1237000.00 302087000.00 0.00 855022000.00 0.00 0.00 0.00 0.00 855022000.00 11890000.00 866912000.00 0.00 0.00 91511000.00 10 2384015000.00 93.43 0.00 0.00 0.00 93.43 0.00 Other expenses 179278000.00 Other expenses 670367000.00 273379000.00 710000.00 0.00 0.00 0.00 0.00 0.00 83678000.00 0.00 0.00 0.00 7023000.00 7023000.00 0.00 128086000.00 492876000.00 2184068000.00 270883000.00 607357000.00 1605980000.00 766599000.00 0.00 634000.00 3251453000.00 0.00 204368000.00 5639889000.00 6132765000.00 91511000.00 2384015000.00 2475526000.00 2475526000.00 70550000.00 0.00 0.00 70550000.00 0.00 16684000.00 0.00 0.00 87234000.00 3266254000.00 150437000.00 15217000.00 3431908000.00 90356000.00 5493000.00 42248000.00 0.00 3570005000.00 0.00 0.00 3657239000.00 6132765000.00 11515425000.00 0.00 0.00 0.00 0.00 0.00 8582529000.00 0.00 224620000.00 0.00 0.00 456220000.00 2252056000.00 0.00 0.00 0.00 291225000.00 0.00 1960831000.00 0.00 0.00 0.00 0.00 0.00 0.00 77000.00 12140000.00 0.00 254707000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 594000.00 61376000.00 0.00 1199512000.00 0.00 994712000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 500000000.00 1385212000.00 0.00 0.00 251654000.00 238214000.00 0.00 0.00 -1375080000.00 1580463000.00 0.00 1580463000.00 25517000.00 1605980000.00 6003000.00 12990000.00 540000.00 1100000.00