BGRENERGY2024-04-012024-06-30 BGRENERGY2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member BGRENERGY2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member BGRENERGY2024-04-012024-06-30in-bse-fin:OneOperatingExpenses03Member BGRENERGY2024-06-30 BGRENERGY2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member BGRENERGY2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member BGRENERGY2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue03Member BGRENERGY2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member BGRENERGY2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member BGRENERGY2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults03Member BGRENERGY2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member BGRENERGY2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member BGRENERGY2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets03Member BGRENERGY2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member BGRENERGY2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member BGRENERGY2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member BGRENERGY2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member BGRENERGY2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member BGRENERGY2024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532930 BGRENERGY NOTLISTED BGR Energy Systems Limited Equity 2024-04-01 2025-03-31 2024-08-09 2024-08-02 INR Lakhs First quarter 16:00:00 18:15:00 2024-08-09 2024-08-09 Not applicable Multi segment 2024-04-01 2024-06-30 Unaudited Consolidated 1738200000.00 166300000.00 1904500000.00 1385400000.00 0.00 0.00 150600000.00 1221600000.00 29800000.00 233900000.00 3021300000.00 -1116800000.00 0.00 -1116800000.00 0.00 0.00 0.00 0.00 -1116800000.00 0.00 0.00 0.00 0.00 -1116800000.00 2800000.00 -1114000000.00 -1134600000.00 17800000.00 -1131800000.00 17800000.00 721600000.00 10 -15.72 -15.72 0.00 0.00 -15.72 -15.72 0.00 0.00 0.00 1.The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on Aug 09, 2024. 2.The financial results for the quarter ended Jun 30, 2024 of the company on consolidation basis have been subjected to a Limited Review by the Statutory Auditors of the Company. 3.The consolidated unaudited financial results includes the interim financial information of three subsidiaries and one joint venture, which have not been reviewed by their auditors and are considered based on accounts certified by their respective management. 4.The financial statements of the subsidiaries namely, BGR Boilers Private Limited for the year ended 31.03.2022, 31.03.2023 and 31.03.2024, BGR Turbines Company Private Limited for the year ended 31.03.2023 and 31.03.2024 and Sravanaa properties for the year ended 31.03.2024 are yet to be audited as on 30.06.2024. The audit of financial statement of BGR Boilers privated limited for 2021-22 is completed in Jul'24. 5.These Consolidated Financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 Interim Financial Reporting prescribed under section 133 of the Companies Act, 2013. The Interim Consolidated Financial results are prepared and presented in accordance with the significant accounting policies and methods, as adopted in the audited consolidated financial statements for the year ended 31st March 2024. 6.The figures for the quarter ended March 31, 2024 are the balancing figures between audited figures in respect of the full previous financial year and the published (regrouped) year-to-date figures up to the third quarter of the relevant financial year. 7.During Jul-24, two contracts have been terminated by the customers resulting in shortclosure of contract value to the extent of Rs.3477 lakhs. 8.We have received an arbitrational award order in case of TRN Energy in our favour for refund/release of BG and retention amount of Rs.17543 lakhs after adjustment of payment made to sub contractors of Rs.1702 lakhs by the customer.We have outstanding trade payables of about Rs.2045 lakhs against this project. Due to pending reconciliation of outstanding creditors payable by us, the provision has not been created during the quarter. 9.Bank guarantees encashed by clients amounting to Rs.132100 lakhs during this quarter and the Company is in the process of initiating arbitration proceedings. 10.During the quarter,one more bank has classified the account as NPA in addition to the 9 banks already classified the account as NPA in the preceeding year. 11.The promoters have Infused funds in the form of Unsecured loan. The Company is taking efforts for debt restructuring and infusion of strategic investor. The Company is making all efforts of implementing a restructuring plan and therefore the accounts of the Company has been prepared on Going concern basis . 12.The figures for the previous period have been regrouped/rearranged wherever necessary to conform to the current period's classification. Cost of Manufacturing and Construction 110800000.00 Other direct cost 15400000.00 Other expenses 107700000.00 Capital Goods 229300000.00 Construction and EPC contracts 1508900000.00 Unallocated 0.00 1738200000.00 0.00 1738200000.00 Capital Goods 1600000.00 Construction and EPC contracts 26300000.00 Unallocated 76900000.00 104800000.00 1221600000.00 0.00 1.The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on Aug 09, 2024. 2.The financial results for the quarter ended Jun 30, 2024 of the company on consolidation basis have been subjected to a Limited Review by the Statutory Auditors of the Company. 3.The consolidated unaudited financial results includes the interim financial information of three subsidiaries and one joint venture, which have not been reviewed by their auditors and are considered based on accounts certified by their respective management. 4.The financial statements of the subsidiaries namely, BGR Boilers Private Limited for the year ended 31.03.2022, 31.03.2023 and 31.03.2024, BGR Turbines Company Private Limited for the year ended 31.03.2023 and 31.03.2024 and Sravanaa properties for the year ended 31.03.2024 are yet to be audited as on 30.06.2024. The audit of financial statement of BGR Boilers privated limited for 2021-22 is completed in Jul'24. 5.These Consolidated Financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 Interim Financial Reporting prescribed under section 133 of the Companies Act, 2013. The Interim Consolidated Financial results are prepared and presented in accordance with the significant accounting policies and methods, as adopted in the audited consolidated financial statements for the year ended 31st March 2024. 6.The figures for the quarter ended March 31, 2024 are the balancing figures between audited figures in respect of the full previous financial year and the published (regrouped) year-to-date figures up to the third quarter of the relevant financial year. 7.During Jul-24, two contracts have been terminated by the customers resulting in shortclosure of contract value to the extent of Rs.3477 lakhs. 8.We have received an arbitrational award order in case of TRN Energy in our favour for refund/release of BG and retention amount of Rs.17543 lakhs after adjustment of payment made to sub contractors of Rs.1702 lakhs by the customer.We have outstanding trade payables of about Rs.2045 lakhs against this project. Due to pending reconciliation of outstanding creditors payable by us, the provision has not been created during the quarter. 9.Bank guarantees encashed by clients amounting to Rs.132100 lakhs during this quarter and the Company is in the process of initiating arbitration proceedings. 10.During the quarter,one more bank has classified the account as NPA in addition to the 9 banks already classified the account as NPA in the preceeding year. 11.The promoters have Infused funds in the form of Unsecured loan. The Company is taking efforts for debt restructuring and infusion of strategic investor. The Company is making all efforts of implementing a restructuring plan and therefore the accounts of the Company has been prepared on Going concern basis . 12.The figures for the previous period have been regrouped/rearranged wherever necessary to conform to the current period's classification. -1116800000.00 Capital Goods 1507800000.00 Construction and EPC contracts 46298900000.00 Unallocated 327500000.00 48134200000.00 0.00 48134200000.00 Capital Goods 4111100000.00 Construction and EPC contracts 47436700000.00 Unallocated 4331600000.00 55879400000.00 0.00 55879400000.00 -2800000.00 0.00