WCIL2024-07-012024-09-30 WCIL2024-07-012024-09-30 WCIL2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member WCIL2024-07-012024-09-30in-bse-fin:OneOperatingExpenses02Member WCIL2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member WCIL2024-07-012024-09-30in-bse-fin:FourOperatingExpenses02Member WCIL2024-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 544258 WCIL NOTLISTED Western Carriers (India) Limited Equity 2024-04-01 2025-03-31 2024-11-13 2024-11-06 INR Millions Half yearly 16:00:00 19:25:00 2024-11-13 2024-11-13 true Cash Flow Indirect Not applicable Single segment LOGISTICS AND ALLIED SERVICES 2024-07-01 2024-09-30 Unaudited Standalone 4314330000.00 18780000.00 4333110000.00 0.00 0.00 0.00 110890000.00 67210000.00 57690000.00 3842030000.00 4077820000.00 255290000.00 0.00 255290000.00 67180000.00 -1440000.00 65740000.00 0.00 189550000.00 0.00 0.00 0.00 0.00 189550000.00 480000.00 190030000.00 0.00 0.00 509780000.00 5 2.33 2.33 0.00 0.00 2.33 2.33 1.The statement of standalone unaudited financial results for the quarter ended and half year ended September 30, 2024 ( Financial Results ) have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 13, 2024. 2. 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. 3. 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. 4.The 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. 4000.00 million 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 Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on September 24,2024. The total offer expenses were estimated to be Rs. 456.52 millions (inclusive of taxes). Out of the total expenses Rs. 85.90 millions (inclusive of taxes) is to be borne by selling shareholders Net proceeds of Rs. 3529.38 millions which were unutilised as at September 30, 2024, were temporarily invested fixed deposit account with scheduled commercial banks. 5.The financial information of the Company for the corresponding quarter and half yearly ended September 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. 6. The statutory auditors of the Company have conducted a Limited Review of the results for the quarter and half-year ended September 30, 2024, in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ( Listing Regulations ). 7. 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 Company sold 1,010,000 shares that it held in Western Skyvilla Private Limited (Company's subsidiary) to one of the Promoters, Rajendra Sethia for a consideration of Rs.11.00 millions. 8.The unaudited standalone financial results for the quarter and half year ended September 30, 2024 are available on the Company website www.western-carriers.com. Single segment 2024-04-01 2024-09-30 Unaudited Standalone 8541420000.00 32520000.00 8573940000.00 0.00 0.00 0.00 232300000.00 127980000.00 109990000.00 7593140000.00 8063410000.00 510530000.00 0.00 510530000.00 134960000.00 -2970000.00 131990000.00 0.00 378540000.00 0.00 0.00 0.00 0.00 378540000.00 450000.00 378990000.00 0.00 0.00 509780000.00 5 4.73 4.73 0.00 0.00 4.73 4.73 Operational Expenses 3672410000.00 Other Expenses 169620000.00 Operational Expenses 7285980000.00 Other Expenses 307160000.00 942050000.00 0.00 0.00 310000000.00 1320000.00 0.00 0.00 32820000.00 0.00 0.00 3657580000.00 3657580000.00 39350000.00 112830000.00 5095950000.00 0.00 0.00 5642440000.00 288300000.00 307270000.00 264260000.00 72240000.00 6574510000.00 394560000.00 6969070000.00 12065020000.00 509780000.00 7853400000.00 8363180000.00 8363180000.00 300200000.00 0.00 7130000.00 307330000.00 60740000.00 368070000.00 2580860000.00 586040000.00 135110000.00 3302010000.00 28390000.00 3370000.00 3333770000.00 3701840000.00 12065020000.00 127980000.00 0.00 -388270000.00 0.00 -57750000.00 0.00 0.00 -8940000.00 0.00 -111720000.00 0.00 -13390000.00 0.00 109990000.00 0.00 270000.00 6140000.00 54150000.00 0.00 0.00 0.00 26470000.00 0.00 0.00 0.00 0.00 0.00 700000.00 0.00 -307310000.00 203220000.00 0.00 0.00 0.00 148930000.00 0.00 54290000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 272760000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10000.00 0.00 0.00 0.00 3627680000.00 0.00 7220000.00 0.00 0.00 0.00 26470000.00 0.00 0.00 0.00 -3866760000.00 0.00 0.00 4000000000.00 0.00 0.00 0.00 0.00 0.00 350485000.00 129410000.00 0.00 11110000.00 0.00 127980000.00 0.00 0.00 4081985000.00 269515000.00 0.00 269515000.00 18790000.00 288305000.00 640000.00 600000.00 160000.00 150000.00