RAMANEWS2024-01-012024-03-31 RAMANEWS2024-01-012024-03-31 RAMANEWS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member RAMANEWS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member RAMANEWS2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500356 RAMANEWS NOTLISTED Shree Rama Newsprint Limited Equity 2023-04-01 2024-03-31 2024-05-20 2024-05-13 INR Lakhs Yearly 12:30:00 13:40:00 2024-05-20 2024-05-20 true Cash Flow Indirect Declaration of unmodified opinion Single segment Packaged Water Bottling 2024-01-01 2024-03-31 Audited Standalone 130003000.00 4738000.00 134741000.00 65010000.00 0.00 -2870000.00 2865000.00 90865000.00 10351000.00 40534000.00 206755000.00 -72014000.00 0.00 -72014000.00 0.00 0.00 0.00 0.00 -72014000.00 -79421000.00 0.00 -79421000.00 0.00 -151435000.00 -390000.00 -151825000.00 0.00 0.00 1475220000.00 10 -0.49 -0.49 -0.54 -0.54 -1.03 -1.03 1. The above audited financial results for the quarter and year ended March 31, 2024, were reviewed by Audit Committee and approved by the Board of Directors in their meetings held on 20.05.2024. 2. These audited financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder, other accounting principles generally accepted in India and compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015. As amended from time to time. The statutory auditors have expressed an unmodified moderate assurance on these results. 3. During the fiscal year 2022-23, the Paper Division of the Company has been classified as a discontinued operation. Consequently, the assets and liabilities related to the Paper Division, primarily comprising plant, machinery, and other associated assets, are presented separately as discontinued operations. Throughout the year, the Company has disposed of various assets on a piecemeal basis. The Company remains committed to the disposal of the remaining asset of the paper Division and is actively exploring various alternatives to realize their value. Given the nature and geographical dispersion of these assets, along with the anticipated fair value from their disposal, there has been an extension of time for the disposal of these assets. The Company has reassessed the realizable value of the disposal group as of 31 March 2024, in accordance with Ind AS 105, and believes that the disposal group has been measured at the lower of it’s carrying amount and fair value less costs to sell. Accordingly, the Company has recognised an impairment loss of Rs. 9,984 Lakhs during the quarter ended March 31, 2023. The Financial results of Paper division for the quarter and year ended March 2024 are as follows: Rs. in Lakhs Particulars Quarter ended Year ended 31.03.2024 31.12.2023 31.03.2023 31.03.2024 31.03.2023 Audited Unaudited Audited Audited Audited Total Income (26.45) 31.98 369.92 275.95 5,930.05 Total Expenese 767.75 352.83 10,618.17 1,821.17 17,940.64 Profit/(Loss) before tax (794.20) (320.85) (10,248.25) (1,545.22) (12,010.59) Tax expense/(benefit) - - - - - Profit/(Loss) after tax (794.20) (320.85) (10,248.25) (1,545.22) (12,010.59) 4. The Paper division has been identified as Discontinued operations and accordingly, its operations are presented in accordance with Ind AS 105 and related assets and liabilities are shown separately from assets/liabilities pertaining to continuing operations. Since the paper division has been discontinued it is no longer an operating segment and the water bottle division is the only single operating segment as on 31.03.2024, accordingly segment reporting is not applicable in accordance with Ind AS 108. 5. Due to current year losses, unabsorbed depreciation and brought forward business losses the company has not provided income tax provision. Further the company has not recognized deffered tax assets during the year as there is uncertanity regarding availability of probable future taxable profits. Single segment 2023-04-01 2024-03-31 Audited Standalone 470368000.00 13046000.00 483414000.00 251440000.00 0.00 -3732000.00 14414000.00 366232000.00 41444000.00 142713000.00 812511000.00 -329097000.00 0.00 -329097000.00 0.00 0.00 0.00 0.00 -329097000.00 -154522000.00 0.00 -154522000.00 0.00 -483619000.00 625000.00 -482994000.00 0.00 0.00 1475220000.00 10 -553423000.00 -2.23 -2.23 -1.05 -1.05 -3.28 -3.28 Other Expenses 40534000.00 Other Expenses 142713000.00 3446688000.00 0.00 0.00 0.00 1011000.00 0.00 0.00 0.00 0.00 0.00 0.00 16313000.00 16313000.00 0.00 5801000.00 3469813000.00 47329000.00 0.00 38668000.00 1483000.00 246000.00 0.00 787000.00 41184000.00 0.00 216463000.00 304976000.00 2225113000.00 0.00 5999902000.00 1475220000.00 -553423000.00 921797000.00 921797000.00 3500000000.00 0.00 0.00 3500000000.00 1729000.00 0.00 0.00 0.00 3501729000.00 139779000.00 55865000.00 381453000.00 577097000.00 1073000.00 1519000.00 0.00 0.00 579689000.00 996687000.00 0.00 5078105000.00 5999902000.00 447079000.00 15582000.00 53427000.00 0.00 31849000.00 0.00 -4406000.00 -283000.00 0.00 -22285000.00 0.00 -1299000.00 906000.00 41444000.00 0.00 -248000.00 -693000.00 5810000.00 0.00 240000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -106728000.00 0.00 460395000.00 131298000.00 0.00 0.00 0.00 -635000.00 0.00 131933000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 66058000.00 3150000.00 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 0.00 0.00 0.00 0.00 62908000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 29779000.00 197487000.00 0.00 0.00 0.00 26265000.00 0.00 0.00 -193973000.00 868000.00 0.00 868000.00 615000.00 1483000.00 -390000.00 625000.00 0.00 0.00 0.00 0.00