ZUARIIND2024-04-012024-06-30 ZUARIIND2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member ZUARIIND2024-06-30 ZUARIIND2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500780 ZUARIIND NOTLISTED ZUARI INDUSTRIES LIMITED Equity 2024-04-01 2025-03-31 2024-08-10 2024-08-02 INR Lakhs First quarter 15:30:00 17:25:00 2024-08-10 2024-08-10 Not applicable Single segment tSugar 2024-04-01 2024-06-30 Unaudited Standalone 2145215000.00 164902000.00 2310117000.00 604408000.00 14790000.00 1039640000.00 118579000.00 329426000.00 59225000.00 132670000.00 2298738000.00 11379000.00 -160076000.00 -148697000.00 0.00 3677000.00 3677000.00 0.00 -152374000.00 0.00 0.00 0.00 0.00 -152374000.00 9243910000.00 9091536000.00 0.00 0.00 297817000.00 10 -5.12 -5.12 0.00 0.00 -5.12 -5.12 1 Results prepared in accordance with Ind AS as notified under the Companies Act, 2013.2 figures for qr. ended 31.03.24 represent difference b/w audited figures in respect of full FY & unaudited published year-to-date figures upto 3rd qrtr of FY, which were subjected to limited review.3 Results of reviewed Audit Comm & approved by Board in meeting 10.08.24. Auditors conducted limited review of financial results & expressed an unmodified opinion ;4. Based on review of current situation & future prospects furniture buss, Co. has recognised an impairment loss on investment in Indian Furniture Products Ltd & Forte Furniture Products India Pvt Ltd in standalone result.;5 Zuari Infraworld India Limited(WOS), recognised exceptional loss INR 2,217.74 lakhs for qr. ended 31.03.24 and INR 2,856.47 lakhs for year ended 31.03.24;6. During year ended 31.03.24 Texmaco Rail and Engineering Limited an associate gp approved allotment of equity shares pursuant to QIP issue. Consequently, shareholding in TREL reduced to 16.83%. Hence, the group no longer accounts TREL as an equity accounted investee (associate). An exceptional gain of INR 81,327.79 lakhs is recognised as an exceptional item in consolidated profit & loss. 7. Hon'ble National Company Law Tribunal, Mumbai vide its order dated 12.04.24 approved scheme of amalgamation Zuari Sugar and Power Limited (Wholly Owned Subsidiary) with Co. Scheme effective from appointed date i.e. 01.04.22 operative from effective date 30.04.22.In view of scheme , the comparative figures for qr ended 30.06.23 restated in accordance with IND AS - 103 - The restated figures approved by Board of directors subjected to limited review by the statutory auditors. 8 Notes relating to the unaudited consolidated financial results of Zuari Agro Chemicals Limited (an Associate of the Holding Company) for the quarter ended June 30, 2024: a) Mangalore Chemicals & Fertilizers Limited (MCFL), a subsidairy of Zuari Agro Chemicals Limited, during the year ended 31.03.2021 had recognized urea subsidy income of INR 29.14 crores without benchmarking its cost of production using naphtha with that of gas-based urea manufacturing units recently converted to natural gas, as notified by the Department of Fertilizers (DoF) for subsidy income computation, against which MCFL has filed writ petition against the DoF before the Hon’ble High Court of Delhi (DHC). Pending finalization of the writ petition before the DHC, the management of the subsidiary, based on legal opinion and considering the fact that the energy cost is always a pass through in subsidy computation, believes that artificial benchmarking is arbitrary and discriminatory and is confident of realization of the aforesaid subsidy income. b) The board of directors of the Company in its meeting held on 7th February, 2024, inter-alia, has considered and approved the proposed transfer of 3,92,06,000 equity shares having face value of INR 10/- each of Mangalore Chemicals and Fertilizers Limited ( MCFL ), representing 33.08% of the paid-up equity share capital of MCFL, held by the Company to Zuari Maroc Phosphates Private Limited, pursuant to and as set out in the composite scheme of arrangement by and amongst MCFL, Paradeep Phosphates Limited and their respective shareholders and creditors, subject to the approval of the shareholders, creditors and other applicable regulatory authorities including Hon'ble National Company Law Tribunal of the Company, as may be required under applicable law. Post implementation of the proposed scheme of arrangement, MCFL will be amalgamated with into Paradeep Phosphates Limited and MCFL will stand dissolved without winding up from the Appointed date i.e. April 1, 2024. 9 Previous periods' figures have been re-grouped/ re-classified wherever necessary, to correspond with those of the current period’s classification. Other expenses 132670000.00 Items that will not be reclassified to profit or loss 11075471000.00 11075471000.00 1831561000.00 0.00