ESTER2024-04-012024-06-30 ESTER2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member ESTER2024-06-30 ESTER2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member ESTER2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member ESTER2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member ESTER2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member ESTER2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member ESTER2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member ESTER2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member ESTER2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member ESTER2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member ESTER2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member ESTER2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500136 ESTER NOTLISTED Ester Industries Limited Equity 2024-04-01 2025-03-31 2024-08-12 2024-08-05 INR Lakhs First quarter 18:00:00 19:00:00 2024-08-12 2024-08-12 Not applicable Multi segment 2024-04-01 2024-06-30 Unaudited Standalone 2396316000.00 41386000.00 2437702000.00 1593656000.00 0.00 15639000.00 142960000.00 85293000.00 109955000.00 516210000.00 2463713000.00 -26011000.00 0.00 -26011000.00 0.00 -5592000.00 -5592000.00 0.00 -20419000.00 0.00 0.00 0.00 0.00 -20419000.00 -392000.00 -20811000.00 0.00 0.00 469770000.00 5 -0.22 -0.22 0.00 0.00 -0.22 -0.22 1. In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, these standalone financial results ( financial results ) for the quarter ended 30 June 2024 have been reviewed and recommended for approval by the Audit Committee and accordingly have been approved by the Board of Directors of Ester Industries Limited ( the Company ) at their respective meetings held on 12 August 2024. 2. The above financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India and in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). 3.Figures for the quarter ended 31 March 2024 are the balancing figures for between audited figures for the full financial year and the reviewed year to date figures up to the third quarter of the respective financial year. 4.On May 1, 2024, Company entered into an agreement with Loop Industries Inc having principal office in Canada, to form a 50:50 joint venture based in India ( India JV ). The purpose of the India JV is to build and operate an Infinite Loop manufacturing facility in India which will manufacture of DMT and/or MEG through depolymerisation of PET and/or Polyester waste using patented Loop technology.Subsequently on 22 July 2024, Company has incorporated a private limited company in the name of “ESTER LOOP INFINITE TECHNOLOGIES PRIVATE LIMITED (“ELITe”)” in India as wholly owned subsidiary of the Company. ELITe is intended to be the joint venture company between the Company and Loop Industries Inc. (“Loop”) and both the Company and Loop will hold 50% in ELITe as per the joint venture agreement dated 1st May, 2024 mentioned above. 5. Ind AS 108 operating segment is a component of the Company that engages in business activities whose operating results are regularly reviewed by the company's Chief Operating Decision Maker (CODM) to make decisons about resources to be allocated to the segment and assess its performance; and for which discrete financial information is available. Accordingly, the Company has identified its operating segments as below: a) Polyester chips and film b) Speciality polymers 6. During the previous quarter ended 31 March 2024, the Company has raised money by the way of issuing 1,05,60,250 Equity Shares of face value of Rs 5 per equity share on preferential basis for cash to Promoter & Promoter Group and Non-Promoter Category at a price of' Rs. 94.60 per equity share (including a premium of Rs. 89.60 per equity share) aggregating to 9,990 lacs. The issue was made in accordance with applicable provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 ['SEBI (ICDR)]. Expenses incurred in relation to preferential allotment amounting to Rs.13.57 lacs (net of taxes) have been adjusted from securities premium account. Other Expenses 516210000.00 Polyester chips and film 1939640000.00 Speciality Polymers 456676000.00 2396316000.00 2396316000.00 Polyester chips and film 4292000.00 Speciality Polymers 195837000.00 200129000.00 85293000.00 140847000.00 -26011000.00 Polyester chips and film 4512457000.00 Speciality Polymers 1412492000.00 5924949000.00 6917190000.00 12842139000.00 Polyester chips and film 744821000.00 Speciality Polymers 55501000.00 800322000.00 3799873000.00 4600195000.00 Acturial Gain/(Loss) on re-measurement on defined benefit plan -500000.00 -500000.00 -108000.00 0.00