IONEXCHANG2024-01-012024-03-31 IONEXCHANG2024-01-012024-03-31 IONEXCHANG2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member IONEXCHANG2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member IONEXCHANG2024-03-31 IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue04Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue05Member IONEXCHANG2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member IONEXCHANG2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member IONEXCHANG2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member IONEXCHANG2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue04Member IONEXCHANG2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue05Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults04Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults05Member IONEXCHANG2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member IONEXCHANG2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member IONEXCHANG2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member IONEXCHANG2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults04Member IONEXCHANG2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults05Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets04Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets05Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member IONEXCHANG2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member IONEXCHANG2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member IONEXCHANG2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member IONEXCHANG2024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities05Member IONEXCHANG2024-03-31in-bse-fin:OneReportableSegmentLiabilities05Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member IONEXCHANG2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member IONEXCHANG2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member IONEXCHANG2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500214 IONEXCHANG NOTLISTED ION Exchange (India) Limited Equity 2023-04-01 2024-03-31 2024-05-29 2024-05-17 INR Lakhs Yearly 11:00:00 20:00:00 2024-05-29 2024-05-29 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Consolidated 7818100000.00 168500000.00 7986600000.00 4816300000.00 251400000.00 63800000.00 808200000.00 32300000.00 104200000.00 956400000.00 7032600000.00 954000000.00 0.00 954000000.00 188000000.00 39400000.00 227400000.00 0.00 726600000.00 0.00 0.00 0.00 -2100000.00 724500000.00 6000000.00 730500000.00 727900000.00 -3400000.00 734800000.00 -4300000.00 142300000.00 1 6.14 6.14 0.00 0.00 6.14 6.14 Notes: 1) The consolidated financial results include the results of its subsidiaries - Aqua Investments (India) Limited, Ion Exchange And Company LLC, Ion Exchange Arabia for Water, Ion Exchange Asia Pacific Pte. Ltd. (Consolidated), Ion Exchange Enviro Farms Limited (IEEFL), Ion Exchange Environment Management (BD) Limited, Ion Exchange Europe LDA, Ion Exchange LLC, Ion Exchange Projects And Engineering Limited, Ion Exchange Purified Drinking Water Private Limited, Ion Exchange Safic Pty. Limited, Ion Exchange WTS (Bangladesh) Limited, Mapril - Produtos Químicos e Máquinas Para A Industria LDA, Total Water Management Services (India) Limited and Watercare Investments (India) Limited. 2) On 22nd June 2023, Ion Exchange India Limited completed the process of acquiring 100% paid-up equity of the company - 'Mapril - Produtos Químicos e Máquinas Para A Industria, LDA', Portugal for a total cash consideration of INR 2,387 Lacs (EUR 2,662,252). The purchase price has been allocated as per valuation report and Goodwill of INR 158 Lacs (EUR 175,646) has been recognised. The acquired business is part of the 'Chemicals' business segment and it operates outside India. The above consolidated results includes results of the said subsidiary for the period 23rd June 2023 to 31st March 2024. 5) The equity shares of the company were split / sub-divided from 1 equity share of face value of INR 10 each to 10 equity shares of face value of INR 1 each with effect from 12th June 2023 (record date). The basic and diluted earning per share (EPS) for the current and previous periods / year has been restated to give effect of the share split as per Ind AS 33. 6) Earnings per equity share includes Ind AS impact of consolidation of 23,689,390 equity shares of INR 1 each and 46,750 equity shares of INR 1 each held by IEI Shareholding (Staff Welfare) Trusts and HMIL Shareholding (Staff Welfare) Trusts respectively. 7) With respect to the ongoing matter with SEBI of IEEFL (a subsidiary of the Company), the Company’s appeal filed in Supreme Court came up for hearing on 6th December 2021. The Court considered report of SEBI empaneled Auditor who was appointed by IEEFL. After detailed hearing, Supreme Court while disposing off the matter, granted liberty to IEEFL to approach SEBI requesting to reconsider the matter by producing additional material, which has been duly complied. SEBI has thereafter appointed Auditors to submit report thereon. Auditors have submitted their report to SEBI. Based on the report SEBI sought certain clarifications and IEEFL has provided clarifications in the matter. SEBI vide letter dated 16th May 2024 has directed IEEFL to deposit an amount of INR 2,202 Lacs towards repayment of money to the Investors. IEEFL has sought legal opinion in the matter and further steps are being taken as advised. IEEFL does not envisage any liability on this account. The auditors of the IEEFL has included an 'Emphasis of matter' in their audit report on this account. 8) Global Composites And Structurals Limited, and Ion Exchange Environment Management Limited has amalgamated with Ion Exchange (India) Limited as per scheme of amalgamation approved by the Mumbai bench of National Company Law Tribunal on 21st February 2024. The scheme has taken effect from the appointed date i.e., 1st April, 2023. The above schemes of merger have been accounted under ‘the pooling of interests method’ i.e., in accordance with Appendix C of Ind AS 103 – Business Combinations Multi segment 2023-04-01 2024-03-31 Audited Consolidated 23478500000.00 438800000.00 23917300000.00 13746300000.00 906200000.00 -5700000.00 2965500000.00 120600000.00 364100000.00 3146700000.00 21243700000.00 2673600000.00 0.00 2673600000.00 709900000.00 25500000.00 735400000.00 0.00 1938200000.00 0.00 0.00 0.00 15400000.00 1953600000.00 -2800000.00 1950800000.00 1960200000.00 -6600000.00 1957300000.00 6500000.00 142300000.00 1 10036800000.00 16.53 16.53 0.00 0.00 16.53 16.53 Others 956400000.00 Others 3146700000.00 19000000.00 3401100000.00 606800000.00 102100000.00 162200000.00 62400000.00 54500000.00 41800000.00 0.00 158200000.00 254500000.00 84600000.00 313700000.00 4987400000.00 2365400000.00 5400000.00 9347800000.00 1536400000.00 4342600000.00 79000000.00 159900000.00 15471100000.00 10700000.00 1659300000.00 19506500000.00 24493900000.00 142300000.00 10036800000.00 10179100000.00 10198100000.00 1090500000.00 256100000.00 1346600000.00 261300000.00 93100000.00 3800000.00 1704800000.00 285300000.00 6946300000.00 671300000.00 7902900000.00 4544000000.00 83900000.00 60200000.00 12591000000.00 14295800000.00 24493900000.00 Chemicals 1990000000.00 Consumer Products 727600000.00 Engineering 5292700000.00 Others 100000.00 Unallocated 10200000.00 Chemicals 7084500000.00 Consumer Products 2537000000.00 Engineering 14514200000.00 Others 100000.00 Unallocated 6800000.00 8020600000.00 24142600000.00 202500000.00 664100000.00 7818100000.00 23478500000.00 Chemicals 478100000.00 Consumer Products -27700000.00 Engineering 537000000.00 Others -6700000.00 Unallocated 0.00 Chemicals 1760300000.00 Consumer Products -59600000.00 Engineering 1119300000.00 Others -10900000.00 Unallocated 0.00 980700000.00 2809100000.00 32300000.00 120600000.00 -5600000.00 Notes: 1) Segments have been identified in line with the Ind AS 108 'Operating Segment'. 2) Global Composites And Structurals Limited and Ion Exchange Environment Management Limited has amalgamated with Ion Exchange (India) Limited as per scheme of amalgamation approved by the Mumbai bench of National Company Law Tribunal on 21st February 2024. The scheme has taken effect from the appointed date i.e., 1st April, 2023. Both the above schemes of merger have been accounted under ‘the pooling of interests method’ i.e., in accordance with Appendix C of Ind AS 103 – Business Combinations and comparatives have been restated for the merger from the beginning of the previous year i.e., 1st April 2022. 14900000.00 954000000.00 2673600000.00 Chemicals 5118800000.00 Consumer Products 696100000.00 Engineering 15603800000.00 Others 154000000.00 Unallocated 2921200000.00 24493900000.00 0.00 24493900000.00 Chemicals 2870500000.00 Consumer Products 614100000.00 Engineering 9710100000.00 Others 24000000.00 Unallocated 1077100000.00 14295800000.00 0.00 14295800000.00 120600000.00 29100000.00 -2275500000.00 0.00 -312500000.00 0.00 0.00 49300000.00 0.00 1135000000.00 0.00 453200000.00 0.00 364100000.00 0.00 27400000.00 0.00 51500000.00 0.00 6900000.00 400000.00 345000000.00 0.00 -2200000.00 0.00 0.00 -2600000.00 78300000.00 0.00 -622800000.00 2050800000.00 0.00 0.00 0.00 751400000.00 0.00 1299400000.00 0.00 115900000.00 0.00 4400000.00 0.00 0.00 0.00 0.00 4000000.00 1203300000.00 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 400000.00 335200000.00 0.00 -616500000.00 0.00 -1600500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 906100000.00 495300000.00 0.00 64300000.00 154500000.00 117200000.00 0.00 8800000.00 83600000.00 -217500000.00 300000.00 -217200000.00 1753600000.00 1536400000.00 Remeasurement benefit of defined benefit plans 11000000.00 Remeasurement benefit of defined benefit plans -12600000.00 11000000.00 -12600000.00 2900000.00 -3000000.00 Movement in foreign currency translation reserve -2100000.00 Movement in foreign currency translation reserve 6800000.00 -2100000.00 6800000.00 0.00 0.00