RESPONIND2024-01-012024-03-31 RESPONIND2024-01-012024-03-31 RESPONIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member RESPONIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member RESPONIND2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 505509 RESPONIND NOTLISTED Responsive Industries Limited Equity 2023-04-01 2024-03-31 2024-05-28 2024-05-14 INR Lakhs Yearly 14:50:00 15:40:00 2024-05-28 2024-05-28 true Cash Flow Indirect Declaration of unmodified opinion Single segment ARTICLE MADE OUT OF PVC/POLYMERS 2024-01-01 2024-03-31 Audited Consolidated 2881853000.00 90122000.00 2971975000.00 976792000.00 787492000.00 67489000.00 90825000.00 50607000.00 208265000.00 292014000.00 2473484000.00 498491000.00 0.00 498491000.00 11682000.00 28099000.00 39781000.00 0.00 458710000.00 0.00 0.00 0.00 0.00 458710000.00 13277000.00 471987000.00 471987000.00 0.00 471987000.00 0.00 266609000.00 1 1.72 1.72 0.00 0.00 1.72 1.72 0.00 0.00 0.00 1. The Standalone Audited Financial Results and Consolidated Audited Financial Results of the Company for the quarter and year ended March 31, 2024 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 28, 2024. 2. This Statement has been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (Ind AS) & prescribed under section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. 3. The Consolidated results represent that of Responsive Industries Limited and its Subsidiaries Companies, Responsive Industries Limited, Hong Kong, Responsive Industries LLC (USA) and Axiom Cordages Limited, Hong Kong. 4. Based on the guiding principles given in Ind AS – 108 Operating Segment prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles accepted in India, the Company’s and its subsidiary company’s primary business consist of; “Articles made out of PVC / Polymers”. As the Company’s and its subsidiary company’s business actually falls within a single primary business segment, the disclosure requirements of Ind AS – 108 in this regard are not applicable. 5. Axiom Cordages Limited was amalgamated with the Company with an effective date of October 07, 2023 (The appointed date is April 01, 2021). The amalgamation was accounted for in the Standalone Financial Results in accordance with the pooling of interest method as specified in Appendix C to IND AS 103, Business combinations of entities under common control by restating the comparative balances for the prior periods. Accordingly, the comparative figures for the quarter and year ended March 31, 2024 have been restated in the 'Unaudited Standalone’ Statement of Financial Results. 6. The standalone figures of the last quarter are the balancing figure between the audited figures in respect of the full financial year upto March 31, 2024 and March 31, 2023 and the unaudited year-to-date figures upto December 31, 2023 and December 31, 2022 respectively being the date of the end of the third quarter of the financial year which were subjected to limited review. 7. The Board of Directors at its meeting held on May 28, 2024 has declared a final dividend of Re.0.10/- per equity share (i.e. 10%) per equity share of face value Re.1/- each for the year ended March 31, 2024, subject to the shareholders’ approval. 8. Comparative financial information have been regrouped and reclassified, wherever necessary, to correspond to the figures of the current quarter. Single segment 2023-04-01 2024-03-31 Audited Consolidated 10869731000.00 184251000.00 11053982000.00 3778330000.00 2998064000.00 202288000.00 296930000.00 229173000.00 662335000.00 1165907000.00 9333027000.00 1720955000.00 0.00 1720955000.00 83527000.00 24763000.00 108290000.00 0.00 1612665000.00 0.00 0.00 0.00 0.00 1612665000.00 60945000.00 1673610000.00 1673609000.00 0.00 1673609000.00 0.00 266609000.00 1 11104043000.00 6.05 6.05 0.00 0.00 6.05 6.05 0.00 0.00 0.00 Other Expenses 292014000.00 Other Expenses 1165907000.00 0.00 8146390000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 760000.00 0.00 0.00 37290000.00 38050000.00 0.00 3330000.00 8187770000.00 1259450000.00 108770000.00 5553500000.00 163830000.00 49690000.00 3350000.00 5570000.00 5884710000.00 0.00 128130000.00 7272290000.00 0.00 0.00 15460060000.00 266610000.00 11104040000.00 11370650000.00 11370650000.00 89470000.00 0.00 57180000.00 146650000.00 65390000.00 166270000.00 0.00 0.00 378310000.00 1965850000.00 1584830000.00 91480000.00 3642160000.00 66610000.00 2330000.00 0.00 0.00 3711100000.00 0.00 0.00 4089410000.00 15460060000.00 0.00 884631000.00 -2079354000.00 0.00 13248000.00 6047000.00 -3360000.00 7240000.00 0.00 868664000.00 0.00 25270000.00 40498000.00 662335000.00 0.00 -1706000.00 7483000.00 589000.00 0.00 -91274000.00 0.00 0.00 0.00 0.00 0.00 8509000.00 0.00 19795000.00 0.00 368615000.00 2089570000.00 0.00 -229173000.00 -11696000.00 49055000.00 0.00 2257992000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3149000.00 1900725000.00 18089000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -60827000.00 0.00 0.00 -7434000.00 0.00 11696000.00 0.00 248651000.00 0.00 -1565747000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 515975000.00 0.00 0.00 26249000.00 229173000.00 0.00 0.00 -771397000.00 -79152000.00 0.00 -79152000.00 242982000.00 163830000.00 -13277000.00 -60945000.00 0.00 0.00