HEG2024-04-012024-06-30 HEG2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member HEG2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member HEG2024-06-30 HEG2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member HEG2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member HEG2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue03Member HEG2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member HEG2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member HEG2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults03Member HEG2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member HEG2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member HEG2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets03Member HEG2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member HEG2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member HEG2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member HEG2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member HEG2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member HEG2024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member HEG2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HEG2024-04-012024-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 509631 HEG NOTLISTED HEG Limited Equity 2024-04-01 2025-03-31 2024-08-13 2024-07-16 INR Crores First quarter 14:00:00 18:00:00 2024-08-13 2024-08-13 Not applicable Multi segment 2024-04-01 2024-06-30 Unaudited Standalone 5714610000.00 204350000.00 5918960000.00 2311600000.00 0.00 452670000.00 237330000.00 84730000.00 474980000.00 2325090000.00 5886400000.00 32560000.00 0.00 32560000.00 75710000.00 -68930000.00 6780000.00 0.00 25780000.00 0.00 0.00 0.00 0.00 25780000.00 0.00 25780000.00 0.00 0.00 385960000.00 10 0.67 0.67 0.00 0.00 0.67 0.67 Notes: 1. These Standalone financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) as prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued there under. 2. The above Standalone financial results have been reviewed by Audit Committee and approved by Board of Directors in their respective meetings held on August 13, 2024. The Statutory Auditors have expressed an unmodified conclusion on the aforesaid results. 3. The figures of quarter ended March 31, 2024 are the balancing figures between the audited figures in respect of full financial year and the published figures of nine months ended December 31, 2023 , which were subject to limited review by the Statutory Auditors. 4. The figures of power segment relates to operations at Hydro Power Plant of the Company at Tawa Nagar which is seasonal in nature. The plant works intermittently during 1st quarter based upon irrigation requirement, starts operating in the 2nd quarter depending upon monsoon and continues in the 3rd quarter before tapering down in the last quarter. 5. For the purpose of reporting as per the requirements of Ind AS 108 ‘Operating Segments’, until the last financial year, the ‘Power Segment’ comprised of two Thermal Power Plants having total capacity of 63 MW at Mandideep, Bhopal (Madhya Pradesh) and a Hydro Power Plant having capacity of 13.5 MW at Tawa Nagar, District Hoshangabad (Madhya Pradesh). Keeping in view the intended future use of the Thermal Power Plants exclusively to meet the power requirement of graphite business, the thermal power plants have been considered as a part of ‘Graphite Segment’ w.e.f. current financial year. Further the Hydro Power Plant is considered a separate segment and is being continued to be disclosed under ‘Power segment’ for reporting as per Ind AS 108 ‘Operating Segments’, Accordingly, the figures of segment revenue, results, assets and liabilities reported above for the corresponding periods have been restated, in line with the reporting during the quarter ended June 30, 2024. 6. The Board of Directors at its meeting held on 22nd May 2024 have approved a Composite Scheme of Arrangement amongst HEG Limited (“the Company”) and HEG Graphite Limited ( Resulting Company ) and Bhilwara Energy Limited ( Transferor Company ) and their respective shareholders and creditors ( Scheme ). The proposed Scheme inter alia provides for: (a) the demerger of the Demerged Undertaking (i.e. Graphite Business) from the Company into the Resulting Company on a going concern basis and issue of equity shares by the Resulting Company to the shareholders of the Company in consideration thereof, and (b) amalgamation of the Transferor Company with the Company and issue of equity shares by the Company to the shareholders of the Transferor Company (except the Company itself) in consideration thereof. The Appointed Date for the Scheme is 1 April 2024. The Scheme is, inter alia, subject to receipt of approval from the statutory and regulatory authorities, including BSE Limited, the National Stock Exchange of India Limited, jurisdictional National Company Law Tribunal and the shareholders and creditors (as applicable) of the companies involved in the Scheme. Pending receipt of final approvals, no adjustments have been made in the financial results for the quarter ended June 30, 2024. 7. * ‘Other expenses’ include net impact of mark to market gain/(loss) on investments measured at fair value through profit or loss in accordance with Ind AS 109 ‘Financial Instruments’. Other expenses 1481560000.00 Power and fuel 843530000.00 Graphite 5674320000.00 Others 0.00 Power 40290000.00 5714610000.00 0.00 5714610000.00 Graphite 363100000.00 Others 0.00 Power -1740000.00 361360000.00 84730000.00 244000000.00 32630000.00 Graphite 38764160000.00 Others 0.00 Power 204030000.00 38968190000.00 14443180000.00 53411370000.00 Graphite 10796230000.00 Others 0.00 Power 26030000.00 10822260000.00 1112630000.00 11934890000.00 Items that will not be classified to profit or loss 0.00 0.00 0.00 Items that will be reclassified to profit or loss 0.00 0.00 0.00