VIPIND2024-04-012024-06-30 VIPIND2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member VIPIND2024-06-30 VIPIND2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 507880 VIPIND NOTLISTED VIP Industries Limited Equity 2024-04-01 2025-03-31 2024-08-06 2024-07-30 INR Crores First quarter 13:30:00 15:35:00 2024-08-06 2024-08-06 Not applicable Single segment Manufacturing of luggage and travel accessories 2024-04-01 2024-06-30 Unaudited Standalone 6375100000.00 23400000.00 6398500000.00 1230100000.00 1607800000.00 1042800000.00 395800000.00 172200000.00 255500000.00 1635100000.00 6339300000.00 59200000.00 0.00 59200000.00 44400000.00 -29700000.00 14700000.00 0.00 44500000.00 0.00 0.00 0.00 0.00 44500000.00 5800000.00 50300000.00 50300000.00 0.00 283900000.00 2 0.31 0.31 0.00 0.00 0.31 0.31 1. The results for the quarter ended June 30, 2024 were reviewed and recommended by the Audit Committee and approved by the Board of Directors in their meetings held on August 06, 2024. The above results for the quarter ended June 30, 2024 have been reviewed by the Statutory Auditors of the Company in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. 2. This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 Ind AS, prescribed under section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 3. The Company's business segment consists of a single segment of Manufacturing and marketing of luggage and bags as per Indian Accounting Standard (Ind AS-lOS) Operating segment requirement. 4. The consolidated financial results for the quarter ended June 30, 2024, include the results of its subsidiary companies viz; VIP Industries Bangladesh Private Limited, VIP Industries BDManufacturing Private Limited, VIP Luggage BD Private Limited, VIP Accessories BDPrivate Limited and BlowPlast Retail Limited. 5. The Exceptional Item disclosed above in the standalone and the consolidated results for the quarter ended June 30, 2023 and year ended March 31, 2024 relates to full and final settlement against the insurance claim lodged by the Company, with reference to a loss of property, plant and equipment and inventories that were destroyed due to a fire at the Company's regional warehouse at Ghaziabad on April 03, 2019, after considering the partial receipt of insurance claim of Rs. 15.00 Crores recognised during the financial year 2022-23. 6. During the quarter ended June 30, 2024, the eligible employees of the company exercised 37,500 stock appreciation rights, in accordance with the terms and conditions of the VIP Employees Stock Appreciation Rights plan 2018 named 'ESARP 2018' as approved by the shareholders of the Company on July 17. 2018. Consequently the Company has issued 20,719 fully paid up equity shares of Rs 2 each during the current quarter ended June 30, 2024 to the eligible employees, as approved by the Allotment Committee of the Board of Directors of the Company. Accordingly the company has transferred Rs. 0.88 Crores to the Securities Premium during the quarter ended June 30, 2024. 7. The figures of the quarter ended March 31, 2024 are balancing figures between the audited figures in respect of the full financial year ended on March 31, 2024 and the unaudited published year to date figures upto third quarter ended on December 31, 2023, which were subjected to Limited review by the Statutory Auditors. 8. The disclosure pertaining to a trademark related matter, as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been filed with the stock exchanges on 20th July 2023 and 26th July 2023 respectively. Other Expenses 1635100000.00 Amount of items that will not be reclassified to profit and loss 7800000.00 7800000.00 2000000.00 0.00