WINDMACHIN2024-10-012024-12-31 WINDMACHIN2024-10-012024-12-31 WINDMACHIN2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member WINDMACHIN2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member WINDMACHIN2024-12-31 WINDMACHIN2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue01Member WINDMACHIN2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue02Member WINDMACHIN2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue03Member WINDMACHIN2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue01Member WINDMACHIN2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue02Member WINDMACHIN2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue03Member WINDMACHIN2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults01Member WINDMACHIN2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults02Member WINDMACHIN2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults03Member WINDMACHIN2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults01Member WINDMACHIN2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults02Member WINDMACHIN2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults03Member WINDMACHIN2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets01Member WINDMACHIN2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets02Member WINDMACHIN2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets03Member WINDMACHIN2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member WINDMACHIN2024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member WINDMACHIN2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member WINDMACHIN2024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member WINDMACHIN2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities03Member WINDMACHIN2024-12-31in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 522029 WINDMACHIN NOTLISTED Windsor Machines Limited Equity 2024-04-01 2025-03-31 2025-02-01 2025-01-24 INR Lakhs Third quarter 12:25:00 13:55:00 2025-02-01 2025-02-01 Not applicable Multi segment 2024-10-01 2024-12-31 Unaudited Consolidated 1076540000.00 8485000.00 1085025000.00 661432000.00 0.00 39046000.00 149812000.00 13983000.00 42501000.00 138508000.00 1045282000.00 39743000.00 379071000.00 418814000.00 9875000.00 -7847000.00 2028000.00 0.00 416786000.00 0.00 0.00 0.00 0.00 416786000.00 31005000.00 447791000.00 416841000.00 -55000.00 447846000.00 55000.00 129864000.00 2 6.42 6.42 0.00 0.00 6.42 6.42 1. The above financial results were reviewed and recommended by the Audit Committee and were approved by the Board of Directors at its meeting held on February 01, 2025. 3.The company had executed the one time settlement (OTS) for inter-corporate loans (ICD) outstanding (net) of Rs. 5880.65 Lakhs during the period ended 30th September 2024, given in the earlier years. Under the settlement, the Company has received upfront payment of Rs. 1875.00 Lakhs & balance payment of Rs. 4300.00 Lakhs will be received before 30th June 2025 (including grace period). The Company has waived total non-accrued interest of Rs. 5364.34 Lakhs starting from April 2019 & reversed the provision of Rs. 294.34 Lakhs on account of the receipt of the same under this settlement. 4. The company had also settled interest bearing capital advance under OTS. Under this settlement, the Company has received a total capital advance refund of Rs. 2461.35 as onetime payment from the service provider. 5. The Company has repaid the total Term loan of Rs. 1790.57 Lakhs of the financial institution after receipt of funds as per Note No 3 & 4 above. 6. The voluntary judicial liquidation application filled with the Court of Brescia for Wintal Machines SRL, Italy (Wintal) (100% subsidiary) has been approved by the court on 30th December 2024 and the court has appointed administrator to take control of Wintal. Accordingly, the administrator has taken control on all the activities of the Wintal w.e.f. 30th December 2024. Consequent to the loss of control over said subsidiary and as per the requirements of Ind AS 110 “Consolidated financial Statements”, unaudited financial results as certified by the management of Wintal Italy has been consolidated till 29th December 2024. The Company has recognised gain of Rs. 3790.71 lakhs in the consolidated financials statement pursuant to cessation of parent-subsidiary relationship with Wintal. The Company has already provided for total investment & receivables from Wintal in standalone accounts and it does not expect any proceeds from the above Judicial Liquidation. Multi segment 2024-04-01 2024-12-31 Unaudited Consolidated 2479001000.00 15072000.00 2494073000.00 1573530000.00 0.00 739000.00 425237000.00 63011000.00 128651000.00 349820000.00 2540988000.00 -46915000.00 201734000.00 154819000.00 9875000.00 135765000.00 145640000.00 0.00 9179000.00 0.00 0.00 0.00 0.00 9179000.00 35441000.00 44620000.00 115626000.00 -106447000.00 151067000.00 106447000.00 129864000.00 2 0.14 0.14 0.00 0.00 0.14 0.14 Other Expenses 138508000.00 Other Expenses 349820000.00 Energy Storage Systems 0.00 Extrusion Machinery Division 503772000.00 Injection Moulding Machinery 580380000.00 Energy Storage Systems 0.00 Extrusion Machinery Division 1037633000.00 Injection Moulding Machinery 1453625000.00 1084152000.00 2491258000.00 0.00 0.00 1084152000.00 2491258000.00 Energy Storage Systems -97000.00 Extrusion Machinery Division 60414000.00 Injection Moulding Machinery 2475000.00 Energy Storage Systems -192485000.00 Extrusion Machinery Division 35782000.00 Injection Moulding Machinery 197833000.00 62792000.00 41130000.00 13983000.00 63011000.00 -9066000.00 7. RCube Energy Storage Systems Pvt Ltd (RCube), the subsidiary of the Company, has provided for the Capital Work In Progress of Rs. 1922.56 Lakhs during the quarter ended on 30th September 2024 as the project was abandoned. Consequently, the net worth of Subsidiary has reduced from Rs. 1970.90 Lakhs to Rs. 47.02 Lakhs. 8. The board of Windsor has approved to sell its entire stake (44.70%) of equity shares in RCube Energy Storage Systems Pvt Ltd. (“RCube”) on 9th January 2025. The Company has entered into an agreement on 9th January 2025 with the buyer to sell the entire stake in RCube. Considering the approval & signing of the Share Purchase Agreement post 31st December 2024, RCube results have been consolidated for the quarter and nine months ended 31st December 2024. The Company has already provided for the entire investment of Rs. 919 Lakhs in standalone financial results during the period ended 30th September 2024 & sale proceeds of Rs. 40 Lakhs will reduce the loss to that extent. 9. The Company has accounted for the following exceptional items of Rs. 2,017.34 Lakhs: (A) CWIP provision in subsidiary RCube Energy Pvt Ltd (Refer Note No. 7) (Q2) Rs. (1,922.56) Lakhs (B) Less: Reversal of provision on receipt of funds for ICD on OTS (Refer Note No 3) (Q2) Rs. 294.34 Lakhs (C) Add: Past services claim setteled of service provider under OTS (Refer Note No. 4) (Q2) Rs. (145.15) Lakhs (D) Less: Gain on derecognition of Wintal assets and liabilities (Refer Note No. 6) (Q3) Rs. 3,790.71 Lakhs Total Exceptional Items gain / (loss) (A-B+C-D) Rs. 2,017.34 Lakhs 10. The Assessing Officer (AO) made certain additions to the Income Tax return of Company for AY 11-12 in the past, which Company appealed to CIT (A). CIT (A) cancelled additions made by AO. The Income Tax Department challenged the CIT (A) decision before ITAT which has allowed appeals filed by revenue. Company had filed a Miscellaneous Application (MA) to the ITAT but MA has been rejected. Accordingly, the Company has provided for the Tax liability which works out to be Rs. 1548.33 Lakhs including interest during the period ended on 30th Sepetember 2024. The Company is now seeking expert legal counsel to determine the next course of action. 11. Previous period figures have been restated for prior period adjustments and regrouped/reclassified, wherever necessary, to make them comparable with current period figures. -25034000.00 57875000.00 3153000.00 Energy Storage Systems 7756000.00 Extrusion Machinery Division 2030458000.00 Injection Moulding Machinery 1226381000.00 3264595000.00 1693000000.00 4957595000.00 Energy Storage Systems 3148000.00 Extrusion Machinery Division 662348000.00 Injection Moulding Machinery 560298000.00 1225794000.00 970005000.00 2195799000.00 31005000.00 35441000.00 0.00 0.00 0.00 0.00