WCIL2024-04-012024-06-30 WCIL2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member WCIL2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member WCIL2024-06-30 WCIL2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 544258 WCIL NOTLISTED Western Carriers (India) Limited Equity 2024-04-01 2025-03-31 2024-10-09 2024-10-03 INR Millions First quarter 12:30:00 14:40:00 2024-10-09 2024-10-09 Not applicable Single segment LOGISTICS AND ALLIED SERVICES 2024-04-01 2024-06-30 Unaudited Consolidated 4227090000.00 13740000.00 4240830000.00 0.00 0.00 0.00 121410000.00 60770000.00 52300000.00 3751110000.00 3985590000.00 255240000.00 0.00 255240000.00 67780000.00 -1530000.00 66250000.00 0.00 188990000.00 0.00 0.00 0.00 10000.00 189000000.00 -30000.00 188970000.00 189000000.00 0.00 -30000.00 0.00 393500000.00 5 2.40 2.40 0.00 0.00 2.40 2.40 1.The statement of consolidated unaudited financial results for the quarter ended June 30, 2024 ( Financial Results ) have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on October 09, 2024. 2.The group consists of the parent, its subsidiary (Western Skyvilla Private Limited, ceased to be subsidiary w.e.f. May 09, 2023) and its three associates namely, F. M Carriers Private Limited, Success Suppliers Private Limited, SMP Properties Private Limited. 3.The Financial Results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 interim Financial Reporting ( Ind AS 34 ), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. 4.The Group is primarily engaged in business of logistics and allied services to various customers in India and is a major logistics service provider. The Board of directors which has been identified as the Chief Operating Decision Maker ('CODM') reviews the performance of the Company as a single operating segment in accordance with Ind AS-108 Operating Segments , notified pursuant to the Companies (Indian Accounting Standard) Rules 2015. Accordingly, no separate segment information has been furnished herewith. 5.Subsequent to the quarter ended June 30, 2024, The parent company completed its Initial Public Offer (IPO) of 28,655,813 equity shares of face value of Rs. 5 each at an issue price of Rs. 172 per share (including a share premium of Rs. 167 per share) out of which 23,255,813 equity shares were issued and subscribed. The issue comprised of a fresh issue of 23,255,813 equity shares aggregating to Rs. 4,000.00 millions and offer for sale of 5,400,000 equity shares by selling shareholders aggregating to Rs. 928.80 millions. Pursuant to the IPO, the equity shares of the parent company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on September 24,2024. CIN of the company is yet to be updated 6.The financial information of the group for the corresponding quarter ended June 30, 2023 included in these unaudited consolidated financial results have not been subject to audit or review by the statutory auditors. However, the management has exercised necessary due diligence to ensure that the unaudited consolidated financial results for such period provide a true and fair view of the group's affairs. Further, the figures for the quarter ended March 31, 2024 are the balancing figures between the audited figures in respect of the full financial year ended March 31,2024 and the unaudited unpublished year to date figures up to December 31, 2023, being the date of end of third quarter of the financial year ended March 31, 2024. 7.The statutory auditors of the parent company have conducted a Limited Review of the results in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ( Listing Regulations ). 8.During the quarter ended June 30, 2023, Pursuant to a resolution passed by the Board of Directors at its meeting held on May 8, 2023, the Holding Company sold 1,010,000 shares that it held in Western Skyvilla Private Limited (Company's subsidiary) to one of the Promoters, Rajendra Sethia. A profit of Rs. 1.18 million being the difference between the consideration received and carrying value of net assets disposed off in this respect was recognised in consolidated statement of profit and loss as an exceptional items. 9.The unaudited consolidated financial results for the quarter ended June 30, 2024 are available on the parent company website www.western-carriers.com. Operational Expenses 3613570000.00 Other Expenses 137540000.00 Remeasurement of the employees defined benefit plans -40000.00 -40000.00 -10000.00 0.00