GENSOL2024-07-012024-09-30 GENSOL2024-07-012024-09-30 GENSOL2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member GENSOL2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member GENSOL2024-09-30 GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue01Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue02Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue03Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue04Member GENSOL2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue01Member GENSOL2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue02Member GENSOL2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue03Member GENSOL2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue04Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults01Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults02Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults03Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults04Member GENSOL2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults01Member GENSOL2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults02Member GENSOL2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults03Member GENSOL2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults04Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets01Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets02Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets03Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets04Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member GENSOL2024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member GENSOL2024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member GENSOL2024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member GENSOL2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities04Member GENSOL2024-09-30in-bse-fin:OneReportableSegmentLiabilities04Member GENSOL2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GENSOL2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GENSOL2024-07-012024-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member GENSOL2024-07-012024-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 542851 GENSOL NA Gensol Engineering Limited Equity 2024-04-01 2025-03-31 2024-10-25 2024-10-22 INR Crores Half yearly 18:30:00 19:45:00 2024-10-25 2024-10-25 true Cash Flow Indirect Not applicable Multi segment 2024-07-01 2024-09-30 Unaudited Consolidated 3464900000.00 3300000.00 3468200000.00 1367300000.00 633200000.00 -56200000.00 255200000.00 758300000.00 62700000.00 199300000.00 3219800000.00 248400000.00 0.00 248400000.00 -100000.00 19200000.00 19100000.00 0.00 229300000.00 0.00 0.00 0.00 0.00 229300000.00 -400000.00 228900000.00 293800000.00 -64500000.00 -300000.00 -100000.00 380000000.00 10 7.75 7.75 0.00 0.00 7.75 7.75 0.02 0.01 0.01 Multi segment 2024-04-01 2024-09-30 Unaudited Consolidated 7085100000.00 17700000.00 7102800000.00 2744300000.00 1785700000.00 0.00 425500000.00 1116800000.00 81000000.00 316300000.00 6469600000.00 633200000.00 0.00 633200000.00 0.00 137000000.00 137000000.00 0.00 496200000.00 0.00 0.00 0.00 0.00 496200000.00 -6600000.00 489600000.00 614000000.00 -117800000.00 -6200000.00 -400000.00 380000000.00 10 16.20 16.20 0.00 0.00 16.20 16.20 0.02 0.01 0.01 Other Expences 199300000.00 Other Expences 316300000.00 129800000.00 1790400000.00 1712700000.00 200000.00 725300000.00 5300000.00 45600000.00 66500000.00 0.00 8862100000.00 8928600000.00 51800000.00 1783500000.00 15043400000.00 38800000.00 0.00 3085100000.00 662400000.00 1903500000.00 353700000.00 811000000.00 6815700000.00 10800000.00 3609700000.00 10475000000.00 25518400000.00 380000000.00 5505200000.00 5885200000.00 6015000000.00 7090800000.00 3340200000.00 10431000000.00 36500000.00 805700000.00 0.00 0.00 11273200000.00 5027100000.00 1678100000.00 791400000.00 7496600000.00 694100000.00 39500000.00 8230200000.00 19503400000.00 25518400000.00 1. Correction of error of lease classification: During the quarter ended September 30, 2024, the Company has discovered and corrected lease classification to finance lease in accordance with Ind AS 116 since inception. Accordingly, the Company has restated the following financial results/information line items: 2. Share warrant including premium- The Company has issued 129,537 equity shares of Rs. 10/- each to the share warrant holders during quarter ended September 30, 2024. This has been approved by board of directors in their meeting held on August 23, 2024. 3. The Company has made further investment in Gensol EV Lease Private Limited and Green Energy Trading LLC and acquire 10,02,500 shares and 10,800 shares respectively at a consideration of Rs 10,02,50,000.00 and Rs 24,53,55,000.00 respectively during quarter ended September 30, 2024. This has resulted in increase in holding to 88.21%(increase by 47.73%) and 100% respectively 4. During the current quarter, the Company has 100% stake in Scorpius Trackers Inc. i.e. 20,00,000 shares of INR 87.22(Equivalent to 0.01 USD)each for a cash consideration of Rs.17,44,446.00. Pursuant to which Scorpius Trackers Inc. has become a subsidiary of the Company. 5. Provision for taxes, employee benefits and other provisions have been considered on estimated basis. 6. Key IndAS pronouncements Ministry of Corporate Affairs (“MCA”) notifies new standards or amendments to the existing standards under Companies (Indian Accounting Standards) Rules as issued from time to time. Ind AS 117 - Insurance Contracts- On August 12, 2024, MCA announced the amendments to the Companies (Indian Accounting Standards) Rules, 2015, applicable from August 12, 2024, as below: The amendment outlines scenarios where Ind AS 117 does not apply. These include warranties from manufacturers, dealers, or retailers related to goods or services and employer obligations from employee benefit plans. It also excludes retirement benefit obligations from defined benefit plans and contractual rights or obligations tied to future use of non-financial items, such as certain license fees and variable lease payments. However, the Company is not engage in insurance contracts, hence do not have any impact on the financial results/information. Ind AS 116 – Leases- On September 09, 2024, MCA announced the amendments to the Companies (Indian Accounting Standards) Rules, 2015, applicable from September 09, 2024, as below: The amendment require seller-lessee shall determine 'lease payments' or 'revised lease payments' in a way that the seller-lessee would not recognise any amount of the gain or loss that relates to the right of use retained by the seller-lessee. These rules aim to streamline accounting processes and ensure compliance with the updated Ind AS requirements. However, the Company is not engage in sale and lease back transactions, hence do not have any impact on the results/information. 7. The above statement of Standalone financial results have been reviewed by the Audit Committee and has been approved by the Board of Directors in their respective meetings held on October 25, 2024. 8. As required under regulation 33 and 52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended to the extent applicable, the Statutory Auditors have conducted a limited review of the Standalone financial results for the quarter and half year ended September 30, 2024. 9. Previous period figures have been regrouped / rearranged wherever considered necessary EV manufacturing 0.00 Lease 870300000.00 Others 800000.00 Solar EPC 2624400000.00 EV manufacturing 0.00 Lease 2039600000.00 Others 11900000.00 Solar EPC 5064200000.00 3495500000.00 7115700000.00 30600000.00 30600000.00 3464900000.00 7085100000.00 EV manufacturing -52600000.00 Lease -4900000.00 Others -3200000.00 Solar EPC 352000000.00 EV manufacturing -69200000.00 Lease 25400000.00 Others -900000.00 Solar EPC 732800000.00 291300000.00 688100000.00 17700000.00 32900000.00 25200000.00 22000000.00 248400000.00 633200000.00 EV manufacturing 1983600000.00 Lease 12758600000.00 Others 200500000.00 Solar EPC 9100100000.00 24042800000.00 1475600000.00 25518400000.00 EV manufacturing 584800000.00 Lease 12809400000.00 Others 43300000.00 Solar EPC 5221500000.00 18659000000.00 844400000.00 19503400000.00 1340800000.00 82500000.00 -809200000.00 0.00 -688300000.00 0.00 0.00 943100000.00 0.00 805100000.00 0.00 390400000.00 0.00 81000000.00 0.00 35200000.00 0.00 -926900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1253700000.00 1886900000.00 0.00 0.00 -223900000.00 -200000.00 -122500000.00 1540700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1705100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 223900000.00 0.00 -426700000.00 0.00 -1907900000.00 0.00 0.00 159200000.00 1318300000.00 0.00 0.00 0.00 0.00 0.00 1847800000.00 0.00 -470000000.00 0.00 1340800000.00 0.00 390200000.00 -850900000.00 -1218100000.00 -5500000.00 -1223600000.00 3789500000.00 2565900000.00 Items that will not be reclassified subsequently to profit or loss -600000.00 Items that will not be reclassified subsequently to profit or loss -3000000.00 -600000.00 -3000000.00 -100000.00 -500000.00 Items that will be reclassified subsequently to profit or loss 100000.00 Items that will be reclassified subsequently to profit or loss -5500000.00 100000.00 -5500000.00 0.00 -1400000.00