EPACK2024-10-012024-12-31 EPACK2024-10-012024-12-31 EPACK2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member EPACK2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member EPACK2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 544095 EPACK NOTLISTED EPACK Durable Limited Equity 2024-04-01 2025-03-31 2025-01-31 2025-01-28 INR Lakhs Third quarter 15:39:00 18:34:00 2025-01-31 2025-01-31 Not applicable Single segment Manufacturing of Consumer Durable Products 2024-10-01 2024-12-31 Unaudited Consolidated 3768373000.00 48699000.00 3817072000.00 3158392000.00 41000000.00 -103732000.00 169450000.00 124351000.00 121119000.00 262224000.00 3772804000.00 44268000.00 0.00 44268000.00 7543000.00 2299000.00 9842000.00 0.00 34426000.00 0.00 0.00 0.00 -9331000.00 25095000.00 -507000.00 24588000.00 25095000.00 0.00 -507000.00 0.00 959677000.00 10 0.26 0.26 0.00 0.00 0.26 0.26 1. The above consolidated financial results of EPACK Durable Limited (the 'Holding Company.') its subsidiary (the Holding Company and its subsidiary together referred as Group ) and its Joint venture for the quarter and nine months ended December 31, 2024 have been prepared in accordance with the Indian Accounting Standard (referred to as Ind AS ) prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time and accounting principles generally accepted in India and in compliance with Regulation 33 of SEBI Listing Obligations and Disclosure Requirement Regulations, 2015, as amended. The above consolidated financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on January 31, 2025. 2. The Board of Directors of the Holding Company, in its meeting held on November 12, 2024 had approved incorporation of a wholly owned subsidiary with proposed name as EPACK Manufacturing Technologies Private Limited, which has been incorporated on December 03, 2024. 3. During the nine months ended December 31, 2024, the Holding Company made additional investment in Epavo Electricals Private Limited (‘Epavo’) amounting to Rs. 1,435.20 lakhs by acquiring 1,43,52,000 shares having par value of Rs.10 each by way of rights issue leading to increase in existing stake from 26% to 50%. Pursuant to Deed of Amendment dated September 30, 2024 to the Joint Venture Agreement dated July 25, 2020 between the Holding Company and its Joint Venture Partner, Epavo has become the Joint Venture of the Holding Company w.e.f. closure of business hours on September 30, 2024. Further, the Holding Company has also advanced loan to Epavo aggregating to Rs. 2,028.00 lakhs, including Rs. 816.68 lakhs disbursed during the quarter ended September 30, 2024 and Rs. 750.00 Lakhs disbursed during current quarter. The investment is strategic in nature and Epavo has successfully commenced commercial production and, considering synergies expected from this investment, the Holding Company is confident that the value of investments and loans are good and recoverable. 4.As reported by Joint venture i.e. Epavo Electricals Private Limited, “The Income Tax Department had conducted a search and seizure action under section 132 of the Income Tax Act ( the Search ) on the Company, its one of the promoters M/S Ram Ratna Wires Limited, other group entities and their few employees in November, 2023. The Company at the time of search and subsequently has co-operated with the department and responded to the clarifications, data and details sought by the Department. No assets of the Company were seized by the Department as part of the Search. The Company has not received any written communication from the Income Tax department regarding the outcome of the search and seizure as of date. The Company after considering all available records, facts known to it and legal advice as of date, has not identified any adjustments to the current or prior period financial results at this stage. Pending outcome of the proceedings in this matter, the Company will re-evaluate the adjustments to the financial results if needed at a future date as appropriate.” 5. The business of the Group is seasonal in nature, hence the results for the quarter and nine months ended December 31, 2024 is not fully comparable with those for the preceding period. Single segment 2024-04-01 2024-12-31 Unaudited Consolidated 15276210000.00 155521000.00 15431731000.00 12487793000.00 147046000.00 337158000.00 513775000.00 401950000.00 350295000.00 934458000.00 15172475000.00 259256000.00 0.00 259256000.00 44168000.00 22637000.00 66805000.00 0.00 192451000.00 0.00 0.00 0.00 -18200000.00 174251000.00 -1648000.00 172603000.00 174251000.00 0.00 -1648000.00 0.00 959677000.00 10 1.82 1.82 0.00 0.00 1.82 1.82 Other Expenses 262224000.00 Other Expenses 934458000.00 -690000.00 -2199000.00 -183000.00 -551000.00 0.00 0.00