TRANSWORLD2024-07-012024-09-30 TRANSWORLD2024-07-012024-09-30 TRANSWORLD2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member TRANSWORLD2024-07-012024-09-30in-bse-fin:OneOperatingExpenses02Member TRANSWORLD2024-07-012024-09-30in-bse-fin:OneOperatingExpenses03Member TRANSWORLD2024-07-012024-09-30in-bse-fin:OneOperatingExpenses04Member TRANSWORLD2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member TRANSWORLD2024-07-012024-09-30in-bse-fin:FourOperatingExpenses02Member TRANSWORLD2024-07-012024-09-30in-bse-fin:FourOperatingExpenses03Member TRANSWORLD2024-07-012024-09-30in-bse-fin:FourOperatingExpenses04Member TRANSWORLD2024-09-30 TRANSWORLD2024-07-012024-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member TRANSWORLD2024-07-012024-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 520151 TRANSWORLD NOTLISTED TRANSWORLD SHIPPING LINES LIMITED Equity 2024-04-01 2025-03-31 2024-11-13 2024-11-04 INR Lakhs Half yearly 11:30:00 16:00:00 2024-11-13 2024-11-13 true Cash Flow Indirect Not applicable Single segment Sea Logistics 2024-07-01 2024-09-30 Unaudited Standalone 1247200000.00 18800000.00 1266000000.00 0.00 0.00 0.00 344100000.00 79400000.00 204600000.00 418500000.00 1046600000.00 219400000.00 0.00 219400000.00 6600000.00 -300000.00 6300000.00 0.00 213100000.00 0.00 0.00 0.00 0.00 213100000.00 -24000000.00 189100000.00 0.00 0.00 219600000.00 10 9.70 9.70 0.00 0.00 9.70 9.70 Explanatory notes1. The statement of unaudited standalone financial results (“standalone financial results ) has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard (Ind-AS) prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. These were reviewed by the audit committee and approved by the Board at its meetings held on November 13, 2024.2. Refer Annexure I for standalone statement of assets and liabilities as at September 30, 2024 and Annexure II for standalone statement of cash flows for the half year ended September 30, 2024.3. The Statutory Auditors of the Company have reviewed the standalone financial results for the quarter and half year ended September 30, 2024.4. The company has only one operating segment i.e.shipping, hence disclosure of segment wise information is not applicable.5. One of its vessels MV SSL Brahmaputra met with fire onboard on January 1, 2024 and the Company had charged the cost of repairs and estimated loss adjustment expenditure incurred upto March 31, 2024 of Rs. 3,430 lakhs (including towing charges) to statement of profit and loss as an exceptional item. On the basis of management’s assessment, duly supported by an Initial Survey Report of an independent expert, the Company had also recognised the corresponding insurance claim of Rs. 3,089 lakhs. It was subject matter of auditors qualification for results for the quarter and year ended March 31, 2024. Further, during the current quarter and half year ended Sept 30, 2024, the Company has charged the additional costs of repairs and estimated loss adjustment expenditure of Rs. 495 lakhs and Rs. 663 lakhs (including Rs. 168 lakhs recognised in quarter ended June 30, 2024), respectively and recognized corresponding insurance claim of equal amounts to statement of profit and loss as exceptional items. Based on past experiences of settlement of marine insurance claims of the Company and coverage of loss event under the terms and coverage of insurance, the management is confident of recovering the same in full. The auditors have modified their review report on the recognition of the insurance claim since the acknowledgment from the Insurance Company is pending and IndAS 37 requires that the reimbursement shall be recognised when, and only when, it is virtually certain that reimbursement will be received. Further, the Company has been named a respondent in five cargo claims totalling to Rs. 1,540 lakhs (security/bank guarantee/undertaking given by the Company for Rs. 46 lakhs) which are pending with relevant courts, and it expects that there won’t be any liability towards potential cargo claims as it is adequately insured towards such liability. 6. During the quarter, the Company has changed its name to align with the broader identity of its parent company, Transworld Group, a global leader in logistics, shipping, and integrated supply chain solutions and consequent to the name change, there is no change in the business activity of the Company. Further during the quarter, the Company has incorporated a subsidiary “Transworld Sea-Connect IFSC Private Limited”, which is yet to commence operations.7. Previous year's/period's figures have been regrouped/reclassified wherever necessary, to confirm to the current period’s classification.8. The standalone financial results for the quarter and half year ended September 30, 2024 will be available on the Bombay Stock Exchange website (URL:www.bseindia.com/corporates.html), The National Stock Exchange website (URL: www.nseindia.com/corporates.html) and on the Company’s website (URL: www.transworld.com/transworld-shipping-lines).For Transworld Shipping Lines Limited(Formerly known as Shreyas Shipping and Logistics Limited)Capt. Milind Patankar Managing Director (DIN: 02444758)Date: November 13, 2024 Place: Navi Mumbai Single segment 2024-04-01 2024-09-30 Unaudited Standalone 2186200000.00 43700000.00 2229900000.00 0.00 0.00 0.00 639500000.00 162000000.00 405800000.00 775800000.00 1983100000.00 246800000.00 0.00 246800000.00 18500000.00 -4500000.00 14000000.00 0.00 232800000.00 0.00 0.00 0.00 0.00 232800000.00 5000000.00 237800000.00 0.00 0.00 219600000.00 10 10.60 10.60 0.00 0.00 10.60 10.60 Fuel, lube oil and fresh water 65700000.00 Other expenses 44500000.00 Other operation cost 174500000.00 Stores and spares 133800000.00 Fuel, lube oil and fresh water 113400000.00 Other expenses 73900000.00 Other operation cost 334800000.00 Stores and spares 253700000.00 9376500000.00 0.00 0.00 4600000.00 0.00 545300000.00 549900000.00 65800000.00 132600000.00 10124800000.00 90800000.00 143600000.00 42900000.00 231300000.00 118900000.00 0.00 1335700000.00 1872400000.00 0.00 270900000.00 2234100000.00 12358900000.00 219600000.00 7683400000.00 7903000000.00 7903000000.00 2860500000.00 37900000.00 2898400000.00 18400000.00 5100000.00 2921900000.00 955900000.00 362900000.00 128100000.00 1446900000.00 79200000.00 7900000.00 1534000000.00 4455900000.00 12358900000.00 Explanatory notes1. The statement of unaudited standalone financial results (“standalone financial results ) has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard (Ind-AS) prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. These were reviewed by the audit committee and approved by the Board at its meetings held on November 13, 2024.2. Refer Annexure I for standalone statement of assets and liabilities as at September 30, 2024 and Annexure II for standalone statement of cash flows for the half year ended September 30, 2024.3. The Statutory Auditors of the Company have reviewed the standalone financial results for the quarter and half year ended September 30, 2024.4. The company has only one operating segment i.e.shipping, hence disclosure of segment wise information is not applicable.5. One of its vessels MV SSL Brahmaputra met with fire onboard on January 1, 2024 and the Company had charged the cost of repairs and estimated loss adjustment expenditure incurred upto March 31, 2024 of Rs. 3,430 lakhs (including towing charges) to statement of profit and loss as an exceptional item. On the basis of management’s assessment, duly supported by an Initial Survey Report of an independent expert, the Company had also recognised the corresponding insurance claim of Rs. 3,089 lakhs. It was subject matter of auditors qualification for results for the quarter and year ended March 31, 2024. Further, during the current quarter and half year ended Sept 30, 2024, the Company has charged the additional costs of repairs and estimated loss adjustment expenditure of Rs. 495 lakhs and Rs. 663 lakhs (including Rs. 168 lakhs recognised in quarter ended June 30, 2024), respectively and recognized corresponding insurance claim of equal amounts to statement of profit and loss as exceptional items. Based on past experiences of settlement of marine insurance claims of the Company and coverage of loss event under the terms and coverage of insurance, the management is confident of recovering the same in full. The auditors have modified their review report on the recognition of the insurance claim since the acknowledgment from the Insurance Company is pending and IndAS 37 requires that the reimbursement shall be recognised when, and only when, it is virtually certain that reimbursement will be received. Further, the Company has been named a respondent in five cargo claims totalling to Rs. 1,540 lakhs (security/bank guarantee/undertaking given by the Company for Rs. 46 lakhs) which are pending with relevant courts, and it expects that there won’t be any liability towards potential cargo claims as it is adequately insured towards such liability. 6. During the quarter, the Company has changed its name to align with the broader identity of its parent company, Transworld Group, a global leader in logistics, shipping, and integrated supply chain solutions and consequent to the name change, there is no change in the business activity of the Company. Further during the quarter, the Company has incorporated a subsidiary “Transworld Sea-Connect IFSC Private Limited”, which is yet to commence operations.7. Previous year's/period's figures have been regrouped/reclassified wherever necessary, to confirm to the current period’s classification.8. The standalone financial results for the quarter and half year ended September 30, 2024 will be available on the Bombay Stock Exchange website (URL:www.bseindia.com/corporates.html), The National Stock Exchange website (URL: www.nseindia.com/corporates.html) and on the Company’s website (URL: www.transworld.com/transworld-shipping-lines).For Transworld Shipping Lines Limited(Formerly known as Shreyas Shipping and Logistics Limited)Capt. Milind Patankar Managing Director (DIN: 02444758)Date: November 13, 2024 Place: Navi Mumbai 162000000.00 12500000.00 36000000.00 0.00 139300000.00 0.00 -276000000.00 0.00 0.00 -138100000.00 0.00 15200000.00 0.00 405800000.00 0.00 7200000.00 0.00 3300000.00 0.00 13900000.00 0.00 0.00 0.00 -15200000.00 0.00 0.00 0.00 0.00 0.00 365900000.00 612700000.00 0.00 0.00 -21800000.00 4000000.00 -2700000.00 584200000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 261300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 325300000.00 115200000.00 0.00 0.00 0.00 0.00 0.00 -33400000.00 -54100000.00 2700000.00 0.00 -27800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 250000000.00 492200000.00 0.00 0.00 0.00 160800000.00 0.00 0.00 -403000000.00 153400000.00 0.00 153400000.00 77900000.00 231300000.00 0.00 0.00 Items that will be reclassified to profit and loss -24000000.00 Items that will be reclassified to profit and loss 5000000.00 -24000000.00 5000000.00 0.00 0.00