HEG2024-07-012024-09-30 HEG2024-07-012024-09-30 HEG2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member HEG2024-07-012024-09-30in-bse-fin:OneOperatingExpenses02Member HEG2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member HEG2024-07-012024-09-30in-bse-fin:FourOperatingExpenses02Member HEG2024-09-30 HEG2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue01Member HEG2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue02Member HEG2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue03Member HEG2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue01Member HEG2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue02Member HEG2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue03Member HEG2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults01Member HEG2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults02Member HEG2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults03Member HEG2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults01Member HEG2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults02Member HEG2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults03Member HEG2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets01Member HEG2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets02Member HEG2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets03Member HEG2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member HEG2024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member HEG2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member HEG2024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member HEG2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member HEG2024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member HEG2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HEG2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HEG2024-07-012024-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member HEG2024-07-012024-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 509631 HEG NOTLISTED HEG Limited Equity 2024-04-01 2025-03-31 2024-11-13 2024-10-15 INR Crores Half yearly 14:00:00 19:00:00 2024-11-13 2024-11-13 true Cash Flow Indirect Not applicable Multi segment 2024-07-01 2024-09-30 Unaudited Consolidated 5676040000.00 429550000.00 6105590000.00 2510950000.00 0.00 -102860000.00 228250000.00 93440000.00 479370000.00 2073580000.00 5282730000.00 822860000.00 0.00 822860000.00 91200000.00 112740000.00 203940000.00 0.00 618920000.00 0.00 0.00 0.00 203870000.00 822790000.00 6480000.00 829270000.00 0.00 0.00 385960000.00 2 4.26 4.26 0.00 0.00 4.26 4.26 Notes: 1. The consolidated financial results include results of (i) HEG limited ( the Holding Company ) (ii) Wholly owned Subsidiary- TACC limited (iii) Wholly owned Subsidiary- HEG Graphite Ltd incorporated on 4th June, 2024 (the Holding Company and subsidiaries collectively referred to as the group ) (iv) Share of profit and total comprehensive income of Associates- Bhilwara Energy limited and Bhilwara lnfotechnology limited. 2. These Consolidated 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. 3. The above Consolidated financial results have been reviewed by Audit Committee and approved by Board of Directors of the Holding Company in their respective meetings held on November 13, 2024. The Statutory Auditors have expressed an unmodified conclusion on the aforesaid results. 4. Other lncome/Other Expense 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'. 5. 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. 6. 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 September 30, 2024. 7. The Board of Directors of Holding Company 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 September 30, 2024. Multi segment 2024-04-01 2024-09-30 Unaudited Consolidated 11390550000.00 633900000.00 12024450000.00 4822650000.00 0.00 349810000.00 466370000.00 178070000.00 954350000.00 4398850000.00 11170100000.00 854350000.00 0.00 854350000.00 166910000.00 43810000.00 210720000.00 0.00 643630000.00 0.00 0.00 0.00 409640000.00 1053270000.00 6300000.00 1059570000.00 0.00 0.00 385960000.00 2 5.46 5.46 0.00 0.00 5.46 5.46 Other Expenses 1175120000.00 Power and Fuel 898460000.00 Other Expenses 2656850000.00 Power and Fuel 1742000000.00 17505970000.00 2437240000.00 67450000.00 0.00 13640000.00 6358590000.00 4058130000.00 8000000.00 569740000.00 4635870000.00 1095430000.00 555800000.00 32669990000.00 11652470000.00 3103400000.00 5173200000.00 528330000.00 979590000.00 6330000.00 722170000.00 10513020000.00 1676420000.00 23841910000.00 56511900000.00 385960000.00 44064660000.00 44450620000.00 44450620000.00 0.00 24390000.00 24390000.00 42290000.00 1006460000.00 48710000.00 1121850000.00 5614190000.00 3983270000.00 935300000.00 10532760000.00 248440000.00 42260000.00 115970000.00 10939430000.00 12061280000.00 56511900000.00 Graphite 5577670000.00 Others 0.00 Power 98270000.00 Graphite 11251990000.00 Others 0.00 Power 138560000.00 5675940000.00 11390550000.00 5675940000.00 11390550000.00 Graphite 341480000.00 Others -1920000.00 Power 49950000.00 Graphite 704580000.00 Others -2860000.00 Power 48310000.00 389510000.00 750030000.00 93440000.00 178070000.00 -526630000.00 -282540000.00 822700000.00 854500000.00 Graphite 38802270000.00 Others 0.00 Power 197840000.00 39000110000.00 17511820000.00 56511930000.00 Graphite 10751310000.00 Others 0.00 Power 32600000.00 10783910000.00 1277300000.00 12061210000.00 178070000.00 289060000.00 0.00 0.00 0.00 0.00 -2420000.00 -695860000.00 0.00 0.00 0.00 0.00 0.00 954350000.00 0.00 -9830000.00 -630000.00 0.00 0.00 -6360000.00 8120000.00 126800000.00 0.00 -264350000.00 0.00 0.00 40660000.00 0.00 0.00 347770000.00 1202120000.00 0.00 0.00 0.00 212820000.00 0.00 989300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4690000.00 1283660000.00 3296920000.00 4154950000.00 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 8120000.00 236170000.00 0.00 1660760000.00 0.00 -231950000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -584320000.00 0.00 0.00 1950000.00 862770000.00 150540000.00 0.00 0.00 -1599580000.00 -842230000.00 0.00 -842230000.00 1370520000.00 528290000.00 Remeasurement of Employee Defined Benefit Plan 9030000.00 Remeasurement of Employee Defined Benefit Plan 9030000.00 9030000.00 9030000.00 2270000.00 2270000.00 Share of Other Comprehensive Income of Associates -270000.00 Share of Other Comprehensive Income of Associates -460000.00 -270000.00 -460000.00 0.00 0.00