BHARATRAS2024-04-012024-06-30 BHARATRAS2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member BHARATRAS2024-06-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 590021 BHARATRAS NOTLISTED Bharat Rasayan Limited Equity 2024-04-01 2025-03-31 2024-08-08 2024-07-23 INR Lakhs First quarter 14:00:00 16:20:00 2024-08-08 2024-08-08 Not applicable Single segment The Company operates only in one business segment viz. pesticides, hence segment wise reporting is not applicable. 2024-04-01 2024-06-30 Unaudited Consolidated 2822000000.00 58900000.00 2880900000.00 1948400000.00 0.00 -55600000.00 227400000.00 9700000.00 63500000.00 320500000.00 2513900000.00 367000000.00 0.00 367000000.00 93500000.00 5500000.00 99000000.00 0.00 268000000.00 0.00 0.00 0.00 163200000.00 431200000.00 -700000.00 430500000.00 0.00 0.00 0.00 0.00 41552000.00 10 103.77 103.77 0.00 0.00 103.77 103.77 0.00 0.00 0.00 1) The above Consolidated financial results including Un-Audited Results of the Company and Un-Audited Figures of JV Company namely M/s. Nissan Bharat Rasayan Pvt. Limited, for the quarter ended June 30, 2024 have been reviewed by the Audit Committee and approved by the Board of Directors in its meeting held on August 8, 2024. The Statutory Auditors have carried out a limited review of these financial results. The Consolidated Financial Results will be available at the Website of the Company (www.bharatgroup.co.in) and National Stock Exchange of India Limited (www.nseindia.com) where the Company's shares are listed. 2) The financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind-AS) prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standard) Rules, 2015, as amended from time to time. 3) Corresponding quarter and financial year's figures have been regrouped wherever considered necessary. 4) The Company operates only in one business segment viz. pesticides, hence segment wise reporting is not applicable. 5) The figures of last quarter ended 31.03.2024 are the balancing figures between audited figures in respect of full financial year ended 31.03.2024 and the published year to date figures upto third quarter ended 31.12.2023. 6) In respect of the accidental fire broke out in one of the Block, i.e. Block-D at GIDC Dahej, District Bharuch, Gujarat (India), on 17th May, 2022. The restatement of Block-D of Dahej Plant has been completed in the month of February, 2024 and now said plant is working in full capacity. However, in the matter of Insurance Claim (in respect of Material Damage), the Capital WIP expenses of Block-D of Dahej Plant have debited in the name of insurance company against their on-account payment received and Company is in process of submitting the final bill to the Insurance Company /Surveyor for processing of claim. Therefore, the method of depreciation as per Companies Act, 2013 and Income Tax Act, 1961 is being continued to charge on entire old book value / written down value, respectively. The Company has also been taken all appropriate safety measures to avoid recurrence of any such eventuality in future. Moreover, in the matter of Insurance Claim of Loss of Profit (FLOP) Company will recognise the FLOP claim amount on receipt basis. 7) National Green Tribunal (NGT) vide its Order directed the Company to deposit an amount of Rs. 11.80 Crores towards Environmental Damage Compensation (EDC) to Gujarat Pollution Control Board (GPCB) within a period of 1 month from the date of uploading of the Order. The Company has filed an appeal before the Apex Court. 8) The Company is continued to maintain CARE AA- (AA Minus) for Long Term Facilities and CARE A1+ (A One Plus) for Short Term Facilities. 9) The performance of the Company is highly dependent on monsoon and other climatic conditions due to the seasonal nature of the products of the Company. The performance of this quarter was impacted by various factors such as falling prices, lower global demand, pest infestation and delayed & disproportionate of monsoon leading to lower revenues, lower realizable value of inventories and result in lower profitability. 10) The Company has designated an Email-ID viz. investors.brl@bharatgroup.co.in exclusively for the purpose of registering complaints by investors and for the redressal of investors' grievance. Other Expenses 320500000.00 700000.00 0.00