KESORAMIND2024-04-012024-06-30 KESORAMIND2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member KESORAMIND2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member KESORAMIND2024-04-012024-06-30in-bse-fin:OneOperatingExpenses03Member KESORAMIND2024-06-30 KESORAMIND2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 502937 KESORAMIND NOTLISTED Kesoram Industries Limited Equity 2024-04-01 2025-03-31 2024-07-10 2024-07-01 INR Crores First quarter 14:00:00 16:15:00 2024-07-10 2024-07-10 Not applicable Single segment CEMENT 2024-04-01 2024-06-30 Unaudited Standalone 8116300000.00 87700000.00 8204000000.00 1000400000.00 0.00 -375500000.00 406000000.00 702300000.00 345700000.00 6367000000.00 8445900000.00 -241900000.00 0.00 -241900000.00 0.00 204500000.00 204500000.00 0.00 -446400000.00 0.00 0.00 0.00 0.00 -446400000.00 6500000.00 -439900000.00 0.00 0.00 3106600000.00 10 -1.44 -1.44 0.00 0.00 -1.44 -1.44 1. During the previous year, the Company had repaid the entire 16,035 numbers of secured Listed Non-Convertible Debentures having a book value of Rs. 1,683.86 Crore on the date of redemption by availing new secured term loans from Financial Institutions bearing lower interest rates. On repayment of the above mentioned NCDs before its scheduled final maturity date, the unamortised issue expenses and upfront interest amounting to Rs. 49.62 Crore was charged off and presented as an ‘Exceptional item’ in the Statement of Profit and Loss for the period ended March 31, 2024. 2. The Company had carried out an impairment analysis in respect of its Investment in its wholly owned subsidiary, Cygnet Industries Limited during the previous year. The Company had followed the discounted cash flow method to ascertain the recoverable amount and a provision of Rs. 15.22 Crore was recognised and presented as an ‘Exceptional item’ in the Standalone Statement of Profit and Loss for the period ended March 31, 2024. 3. During the previous year, the Board of Directors of the Company at its meeting held on, November 30, 2023 has approved a Scheme of Arrangement under Sections 230-232 of the Companies Act, 2013 between Kesoram Industries Limited and UltraTech Cement Limited with the Appointed Date being April 1, 2024. The Proposed Scheme involves demerger of the cement business from the Company and is subject to the shareholders and various regulatory approvals. Pending such approvals, no effect of the Proposed Scheme has been considered in the books of account. 4. Share of profit or loss, from the joint venture (Gondhkari Coal Mining Limited) is Nil for all the periods presented in consolidated financial results. 5. The Code on Social Security, 2020 ( the Code ) has been enacted, which may impact the employee related contributions made by the Group. The effective date from which the changes are applicable is yet to be notified. The Ministry of Labour and Employment (‘the Ministry’) has released draft rules for the Code on November 13, 2020. The Group will complete its evaluation and will give appropriate impact in its financial results in the period in which the Code becomes effective and the related rules are published. 6. The unaudited financial results for the quarter ended June 30, 2024 ( the financial results ) comprise the standalone results of Kesoram Industries Limited ( the Company ) and the consolidated results of the Company including its subsidiary (collectively referred to as 'the Group') and joint venture. These financial results have been prepared in accordance with Indian Accounting Standards ( Ind AS ) notified under Section 133 of the Companies Act 2013 ( the Act ) read with the Companies (Indian Accounting Standards) Rules, 2015 (as amended). 7. Figures for the previous period have been regrouped/ reclassified wherever necessary to conform to current period's classification. 8. The unaudited standalone and consolidated financial results for the quarter ended June 30, 2024 have been reviewed by the Audit Committee and recommended for adoption to the Board of Directors. The Board has considered and approved the same at its meeting held on July 10, 2024. The standalone and consolidated financial results have been subjected to limited review by the statutory auditors of the Company as required under Regulation 33 of the SEBI (LODR) Regulations, 2015 ( Listing Regulations ). The statutory auditors have expressed an unmodified conclusion on these unaudited standalone and consolidated financial results. 9. The standalone and consolidated financial results for the quarter ended 31 March 2024 are the balancing figures between audited figures in respect of the full financial year and the published unaudited year to date figures upto the end of the third quarter of the respective relevant financial year, which were subject to limited review. Other Expenses 764100000.00 Packing and carriage 2654000000.00 Power and fuel 2948900000.00 Remeasurement of post-employment benefit plans 4900000.00 4900000.00 -1600000.00 0.00