RAMANEWS2024-07-012024-09-30 RAMANEWS2024-07-012024-09-30 RAMANEWS2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member RAMANEWS2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member RAMANEWS2024-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500356 RAMANEWS NOTLISTED Shree Rama Newsprint Limited Equity 2024-04-01 2025-03-31 2024-11-11 2024-11-04 INR Lakhs Half yearly 11:30:00 12:30:00 2024-11-11 2024-11-11 true Cash Flow Indirect Not applicable Single segment Packaged Water Bottles 2024-07-01 2024-09-30 Unaudited Standalone 90018000.00 10708000.00 100726000.00 44996000.00 0.00 -2571000.00 3441000.00 91043000.00 10518000.00 30125000.00 177552000.00 -76826000.00 0.00 -76826000.00 0.00 0.00 0.00 0.00 -76826000.00 -23709000.00 0.00 -23709000.00 0.00 -100535000.00 218000.00 -100317000.00 0.00 0.00 1475220000.00 10 -0.52 -0.52 -0.16 -0.16 -0.68 -0.68 Note: 1 The above unaudited financial results for the quarter and half year ended September 30, 2024, were reviewed by Audit Committee and approved by the Board of Directors in their meetings held on 11.11.2024 2 These unaudited financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder, other accounting principles generally accepted in India and compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended from time to time. The statutory auditors have expressed an unmodified moderate assurance on these results. 3 During the fiscal year 2022-23, the Paper Division of the Company had been classified as a discontinued operation. Consequently, the assets and liabilities related to the Paper Division, primarily comprising of plant, machinery, and other associated assets, are presented separately as discontinued operations. Throughout the year, the Company has disposed of various assets pertaining to the paper division on a piecemeal basis. The Company remains committed to the disposal of the remaining asset of the paper division and is actively exploring various alternatives to realize their value. Given the nature and geographical dispersion of these assets, along with the anticipated fair value from their disposal, there has been an extension of time for the disposal of these assets. The Company had assessed the realizable value of the disposal group as of 31 March 2023, in accordance with Ind AS 105, and is currently under the process of determining the fair value of these assets and believes that the disposal group has been measured at the lower of it’s carrying amount and fair value less costs to sell. Accordingly, the Company had recognised an impairment loss of Rs. 9,984 Lakhs during the quarter ended March 31, 2023 and any additional impairment upon completion of the latest valuation exercise will be accounted in the subsequent quarter. The Financial results of paper division for the quarter and half year ended September 30, 2024 are as follows: (Rs. In Lakhs) Particulars Quarter ended Half year ended Year ended 30.09.2024 30.06.2024 30.09.2023 30.09.2024 30.09.2023 31.03.2024 Unaudited Unaudited Audited Total Income 108.53 16.14 67.94 124.67 270.42 275.95 Total Expenese 345.62 306.71 340.20 652.33 700.58 1,821.17 Profit/(Loss) before tax(237.09) (290.57) (272.26) (527.66) (430.16) (1,545.22) Tax expense/(benefit) - - - - - - Profit/(Loss) after tax (237.09) (290.57) (272.26) (527.66) (430.16) (1,545.22) 4 The Paper division has been identified as Discontinued operations and accordingly, its operations are presented in accordance with Ind AS 105 and related assets and liabilities are shown separately from assets/liabilities pertaining to continuing operations. Since the paper division has been discontinued it is no longer an operating segment and the water bottle division is the only single operating segment as on 30.09.2024, accordingly segment reporting is not applicable in accordance with Ind AS 108. 5 Due to current year losses, unabsorbed depreciation and brought forward business losses the company has not provided income tax provision. Further the company has not recognized deffered tax assets during the year as there is uncertanity regarding availability of probable future taxable profits. 6 The figures for previous year / period have been regrouped / reclassified wherever necessary. Single segment 2024-04-01 2024-09-30 Unaudited Standalone 203755000.00 19468000.00 223223000.00 100167000.00 0.00 -894000.00 7159000.00 181194000.00 20921000.00 64774000.00 373321000.00 -150098000.00 0.00 -150098000.00 0.00 0.00 0.00 0.00 -150098000.00 -52766000.00 0.00 -52766000.00 0.00 -202864000.00 1792000.00 -201072000.00 0.00 0.00 1475220000.00 10 -1.02 -1.02 -0.36 -0.36 -1.38 -1.38 Other Expenses 30125000.00 Other Expenses 64774000.00 3425843000.00 0.00 935000.00 1187000.00 0.00 16312000.00 17499000.00 7557000.00 3451834000.00 46473000.00 0.00 45411000.00 1285000.00 1058000.00 0.00 491000.00 48245000.00 186622000.00 281340000.00 2195062000.00 5928236000.00 1475220000.00 -754497000.00 720723000.00 720723000.00 3500000000.00 3500000000.00 1717000.00 3501717000.00 147844000.00 60028000.00 545213000.00 753085000.00 971000.00 1519000.00 755575000.00 950221000.00 5207513000.00 5928236000.00 220549000.00 4958000.00 -9044000.00 0.00 29027000.00 0.00 -3511000.00 296000.00 0.00 -57649000.00 0.00 -102000.00 29633000.00 20921000.00 0.00 303000.00 -12000.00 -8733000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -39934000.00 0.00 0.00 186702000.00 36604000.00 0.00 0.00 0.00 -1756000.00 0.00 38360000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 25305000.00 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 0.00 0.00 0.00 0.00 25305000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8065000.00 62123000.00 0.00 0.00 0.00 9805000.00 0.00 0.00 -63863000.00 -198000.00 0.00 -198000.00 1483000.00 1285000.00 218000.00 1792000.00 0.00 0.00 0.00 0.00