NAVKARCORP2024-04-012024-06-30 NAVKARCORP2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member NAVKARCORP2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member NAVKARCORP2024-06-30 NAVKARCORP2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 539332 NAVKARCORP NOTLISTED Navkar Corporation Limited Equity 2024-04-01 2025-03-31 2024-08-09 2024-07-31 INR Lakhs First quarter 11:30:00 12:50:00 2024-08-09 2024-08-09 Not applicable Single segment Container Freight Stations and Inland Container Depot Operations and Related Activies 2024-04-01 2024-06-30 Unaudited Standalone 1176284000.00 12844000.00 1189128000.00 0.00 0.00 0.00 111474000.00 54133000.00 127227000.00 1044239000.00 1337073000.00 -147945000.00 -48904000.00 -196849000.00 0.00 -66111000.00 -66111000.00 0.00 -130738000.00 0.00 0.00 0.00 0.00 -130738000.00 -643000.00 -131381000.00 0.00 0.00 1505192000.00 10 -0.87 -0.87 0.00 0.00 -0.87 -0.87 The above un-audited financial results for the quarter ended June 30, 2024 as reviewed by the Audit Committee of the Board, were approved and taken on record by the Board of Directors at their meeting held on 09th August, 2024. The statutory auditors of the Company have expressed an unmodified audit opinion. The Company is engaged in Container Freight Station (CFS) and Inland Container Depot (lCD) Operations and related activities during the period, and based on guiding principles given in Ind As 108 Operating Segments, consequently the Company's business activity falls within a single operating segment. Consequently, it does not have separate reportable business segment for the quarter ended June 30, 2024. Figures relating to the corresponding previous period(s) / year have been regrouped / rearranged, wherever necessary, to make them comparable with those of the current period. During the quarter ended June 30, 2024, the Company has incurred loss of Rs.489.04 lakhs for sale of certain assets .The net loss on sale of these assets are shown as an exceptional item on the face of the statement of profit and loss in line with the requirements of Ind AS 1 - Presentation of Financial Statements . The Board of Directors of Navkar Corporation Limited (“the Company”) in its meeting held on June 27, 2024 has approved the execution of Share Purchase Agreement (SPA) dated June 27, 2024 entered between the Company, sellers forming part of the promoter/promoter group of the Company, and Acquirer JSW Port Logistics Private Limited (Wholly owned subsidiary company of JSW Infrastructure Limited) for sale of 10,59,19,675 Equity Shares of the Company of Face Value of Rs. 10/- each, aggregating to 70.37% of the paid up equity share capital of the Company. The necessary definitive agreements have been signed between the parties. Further, in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 2011 as amended, the acquirer has made public announcement (PA), Detail Public Statement (DPS) and Draft Letter of offer (DLOF) for open offer to acquire 3,91,34,988 equity shares of the Company from the Public Shareholders at price of Rs.105.32 per share. Operating Expenses 832506000.00 Other Expenses 211733000.00 Re-measurement of net defined benefit obligations from continuing operarations -989000.00 -989000.00 -346000.00 0.00