ZUARIIND2024-01-012024-03-31 ZUARIIND2024-01-012024-03-31 ZUARIIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member ZUARIIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member ZUARIIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member ZUARIIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member ZUARIIND2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500780 ZUARIIND NOTLISTED ZUARI INDUSTRIES LIMITED Equity 2023-04-01 2024-03-31 2024-05-29 2024-05-21 INR Lakhs Yearly 08:30:00 10:10:00 2024-05-29 2024-05-29 true Cash Flow Indirect Declaration of unmodified opinion Single segment Suagr , Power & Ethanol 2024-01-01 2024-03-31 Audited Standalone 2346270000.00 183619000.00 2529889000.00 3449588000.00 10812000.00 -2480718000.00 142004000.00 288103000.00 59900000.00 736052000.00 2205741000.00 324148000.00 -92438000.00 231710000.00 0.00 71310000.00 71310000.00 0.00 160400000.00 0.00 0.00 0.00 0.00 160400000.00 -1784309000.00 -1623909000.00 0.00 0.00 297817000.00 10 5.39 5.39 0.00 0.00 5.39 5.39 1. financial results prepared in accordance 'Ind AS' as notified under Companies Act, 2013 read with rules amended time to time.2. figures for quarter 31.03.24 represent difference between audited figures in respect of full FY & unaudited published year-to-date figures upto 3rd quarter of FY, which were subjected limited review.3. results of Zuari Industries Limited (“ZIL ) & its Subsidiaries (together referred to as Group), its Associates and Joint Ventures, for quarter ended 31.03.24 reviewed by Audit Comm in meeting held 28.05.24 & approved by Board on 29.05.24.auditors conducted Audit of these financial results in terms of Reg 33 of Listing Regulations, amended from time to time & expressed unmodified opinion on audited financial results for quarter& year ended 31.03.204.4.ZIL investment (equity shares & preference shares) amounting INR 6,670.00 lakhs in Indian Furniture Products Limited (IFPL),subsidiary company which is in business of distribution and retailing of furniture and related items. On review of current situation and future prospects of furniture business, ZIL recognised an impairment loss on investment in standalone financial results for quarter ended Mar 31.03.24 amounting to Rs. 424.38 lakhs and year ended 31.03 24 amounting INR 441.91 lakhs. ZIL investment (equity shares) amounting INR 4,445.66 lakhs and ICD amounting to INR 500 lakhs in Forte Furniture Products India Private Limited (FFPL), a joint venture company which is in business of manufacture, distribution and retailing of furniture and related items. on review of current situation & future prospects of furniture business, ZIL recognised an impairment loss on investment in standalone financial results for quarter 31.03.24 amounting to INR 500 lakhs and for year ended 31.03.24 amounting to INR 4,945.66 lakhs. Single segment 2023-04-01 2024-03-31 Audited Standalone 7146480000.00 1862056000.00 9008536000.00 5632677000.00 49008000.00 -748498000.00 482232000.00 1348228000.00 239480000.00 1239232000.00 8242359000.00 766177000.00 -538757000.00 227420000.00 10000.00 851000.00 861000.00 0.00 226559000.00 0.00 0.00 0.00 0.00 226559000.00 5944362000.00 6170921000.00 0.00 0.00 297817000.00 10 0.00 7.61 7.61 0.00 0.00 7.61 7.61 Other Expenses 737398000.00 Project Expense -1346000.00 Other Expenses 1235565000.00 Project Expense 3667000.00 4715094000.00 60218000.00 17261000.00 0.00 118000.00 25555846000.00 3573334000.00 161454000.00 29290634000.00 0.00 612269000.00 34695594000.00 5790285000.00 0.00 203615000.00 63927000.00 12697000.00 0.00 227486000.00 507725000.00 0.00 190932000.00 6488942000.00 0.00 0.00 41184536000.00 297817000.00 26806864000.00 27104681000.00 27104681000.00 6202163000.00 0.00 125661000.00 6327824000.00 20503000.00 834933000.00 0.00 125379000.00 7308639000.00 4373883000.00 2096849000.00 70316000.00 6541048000.00 187026000.00 43142000.00 0.00 0.00 6771216000.00 0.00 0.00 14079855000.00 41184536000.00 5.One of wholly owned subsidiary of ZIL, Zuari Infraworld India Limited recognised an exceptional loss of Rs 2217.74 lakhs for quarter ended 31. 03. 24 and Rs 2856.47 lakhs for year ended 31.03.24 includes provision for advance to contractor and impairment of goodwill. During quarter ended 31.12. 23, Texmaco Rail and Engineering Limited (TREL),associate of gp. approved allotment of equity shares pursuant to QIP issue. Consequently, shareholding of gp in TREL reduced from 20.05% to 16.83%. Hence, group no longer accounts TREL as an equity accounted investee (associate) from date of loss of significant influence 24.11. 23. An exceptional gain of INR 81327.79 lakhs recognised as exceptional item in consolidated profit & loss, being difference b/w fair value of retained investment & carrying value of investment on date of loss of significant influence. Subsequently, investment accounted at Fair Value through Other Comprehensive Income (FVOCI) as per IND AS 109. 6.Hon'ble NCLT, Mumbai vide order 12.04. 24 approved scheme of amalgamation Zuari Sugar and Power Limited (Wholly Owned Subsidiary) with Zuari Industries Limited in accordance with Sec 230 - 232 of Act. Certified copy of order filed with ROC on 30.04.24, being effective date. Scheme is effective from appointed date i.e. 1.04.2022 and operative from effective date. On 30.04. 24,entire business & whole of undertaking of ZSPL, without any further act, deed, matter or thing, together with all properties, assets, rights, liabilties, benefits & interest therein stand transferred to and vested in and/or deemed to be transferred to and vested in Company, as a going concern & will become properties, liabilties of Company w.e.f 1.04.2022.7.In view of scheme of amalgamation referred in Note No. 9 above, comparative figures for quarter and year ended 31.03.23 and quarter ended 31.12.23 have is restated in accordance with aforesaid scheme & Ind AS- 103 - Business Combination to include results of company and its subsidiary as per Pooling of Interest method . Restated figures approved by Board and subjected to audit/limited review by auditors of company.8. Board of Company, in meeting on 29.05.24 recommended final dividend of Rs 1/- per fully paid up equity share of Rs. 10/- each besides payment of dividend on preference shares (7% and 10.50% as applicable) for FY 2023-24. same is subject to approval of shareholders at Annual General Meeting.9.Previous periods' figures re-grouped wherever necessary, to correspond with those of current period’s classification. 1508343000.00 -736985000.00 486338000.00 0.00 -27867000.00 0.00 0.00 0.00 0.00 -141621000.00 0.00 7900000.00 0.00 239480000.00 538757000.00 309058000.00 -13046000.00 0.00 0.00 11121000.00 455594000.00 770941000.00 0.00 639000.00 0.00 -706222000.00 -26250000.00 -1641000.00 0.00 221469000.00 448889000.00 0.00 0.00 0.00 -61362000.00 0.00 510251000.00 0.00 320185000.00 923138000.00 0.00 0.00 0.00 0.00 0.00 427328000.00 236456000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 155059000.00 0.00 0.00 507454000.00 0.00 0.00 452186000.00 611465000.00 0.00 0.00 0.00 2519989000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7292864000.00 8556564000.00 0.00 8128000.00 37903000.00 1825347000.00 0.00 0.00 -3135078000.00 -104838000.00 0.00 -104838000.00 168765000.00 63927000.00 -2070247000.00 6520499000.00 -285938000.00 576137000.00 0.00 0.00