HIL2024-10-012024-12-31 HIL2024-10-012024-12-31 HIL2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member HIL2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member HIL2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 509675 HIL NOTLISTED HIL Limited Equity 2024-04-01 2025-03-31 2025-02-06 2025-01-29 INR Lakhs Third quarter 17:30:00 18:20:00 2025-02-06 2025-02-06 Not applicable Single segment Building Solutions 2024-10-01 2024-12-31 Unaudited Standalone 4964800000.00 51500000.00 5016300000.00 2846800000.00 491600000.00 -309000000.00 546200000.00 65200000.00 179400000.00 1388400000.00 5208600000.00 -192300000.00 0.00 -192300000.00 -90400000.00 12200000.00 -78200000.00 0.00 -114100000.00 0.00 0.00 0.00 0.00 -114100000.00 0.00 -114100000.00 0.00 0.00 75700000.00 10 -15.13 -15.13 0.00 0.00 -15.13 -15.13 Notes: 1.The financial results of HIL Limited ( the Company ) have been prepared in accordance with Indian Accounting Standards ( Ind AS ) prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with the relevant rules thereunder and in terms of Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2.The above results for the quarter and nine months ended 31 December 2024 were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 06 February 2025. The statutory auditors have expressed an unmodified review opinion on these results. 3.Where financial results contain both consolidated and standalone financial results of the parent, segment information is required to be presented only in the consolidated financial results. Accordingly, segment information has been presented in the consolidated financial results. 4.Certain assets of the Company classified under Assets held for sale category have been sold during the year ended 31 March 2024. Further, the Company has sold certain land parcel during the nine months period ended 31 December 2024. Profit arising on such sale amounting to INR 3721 Lakhs and INR 8189 Lakhs for the year ended 31 March 2024 and for the nine months period ended 31 December 2024 respectively, is presented as an exceptional item in the above results. 5.On 11 March 2024, the Company had entered into a Share subscription and purchase agreement (SSPA) (as amended) with Crestia Polytech Private Limited (‘Crestia’) for subscription and purchase of the shares of Crestia. Pursuant to the SSPA, Crestia entered into Share purchase agreements (SPAs) with the respective shareholders of Topline Industries Private Limited, Aditya Polytechnic Private Limited, Prabhu Sainath Polymers Private Limited (formerly known as “Sainath Polymers”) and Aditya Poly Industries Private Limited (formerly known as “Aditya Industries”) (Crestia and other entities as mentioned here are together referred to as ‘the Group entities’). Post completion of the agreed closing conditions, the Company obtained control over the Group entities and consolidated in its books of account effective 05 April 2024. The Company has made investment of INR 16,046 lakhs in the Group entities as on 31 December 2024 out of which INR 11,052 lakhs has been paid to shareholders of group entities as purchase consideration.The Company along with the respective shareholders of the Group entities (the seller), is currently in the process of completing its determination of working capital balances taken over by the Company as part of the acquisition. Pending such determination and other adjustments as envisaged in the SSPA and SPAs, the Company has carried out a preliminary purchase price allocation between goodwill, tangible assets, intangible assets and other working capital balances taken over. These initial estimates will be finalised over period not exceeding twelve-month period as allowed under Ind AS. 6. The Board of Directors of the Company, at their meeting held on 06 February 2025, have approved a scheme of amalgamation (‘Scheme’) of wholly owned subsidiary of HIL Limited, Crestia Polytech Private Limited and step down wholly owned subsidiaries of the Company viz., Aditya Poly Industries Private Limited, Aditya Polytech Private Limited, Prabhu Sainath Polymers Private Limited and Topline Industries Private Limited (collectively referred to as the “Transferor Companies”) with the Company, wherein the Transferor Companies are proposed to be amalgamated with the Company from an appointed date of 05 April 2024 subject to seeking necessary approvals from the shareholders and the concerned regulators in respect of the Scheme. Single segment 2024-04-01 2024-12-31 Unaudited Standalone 17528400000.00 199600000.00 17728000000.00 9034200000.00 1495800000.00 247800000.00 1649700000.00 187300000.00 516000000.00 4341200000.00 17472000000.00 256000000.00 818900000.00 1074900000.00 173000000.00 -11100000.00 161900000.00 0.00 913000000.00 0.00 0.00 0.00 0.00 913000000.00 -100000.00 912900000.00 0.00 0.00 75700000.00 10 121.07 121.07 0.00 0.00 121.07 121.07 Other Expenses 1388400000.00 Other Expenses 4341200000.00 7. The Company in financial year 1979-80 had invested in Supercor Industries Limited, Nigeria ( Supercor ). Supercor suspended its operations from November 2015 and closed its offices because of which it has not prepared any financial statements since then. Therefore, the Company has been unable to incorporate the requisite financial information, if any, of Supercor in its consolidated financial statements as required under Section 129(3) of the Companies Act, 2013 and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company’s investment in Supercor as at 31 December 2024 amounts to INR NIL (31 December 2023: INR NIL), after considering the provision for diminution in value of investments amounting to INR 143 lakhs (31 December 2023: INR 143 lakhs). On the basis of the request filed by the Company in earlier years, an intimation was received from Reserve Bank of India for suspension of the Unique Identification Number allotted to Supercor. 8.The financial results of the following subsidiaries and step-down subsidiaries and Joint venture of the Company are included in the consolidated financial results for the quarter and nine months period ended 31 December 2024. S.No Name of the entity Country Relationship 1 HIL International GmbH Germany Wholly owned Subsidiary 2 Parador Holding GmbH Germany Step-down Subsidiary 3 Parador GmbH Germany Step-down Subsidiary 4 Parador Parkettwerke GmbH Austria Step-down Subsidiary 5 Parador UK Limited United Kingdom Step-down Subsidiary 6 Parador (Shanghai) Trading Co., Ltd. China Joint Venture 7 Crestia Polytech Private Limited India Wholly owned Subsidiary 8 Topline Industries Private Limited India Step-down Subsidiary 9 Aditya Polytechnic Private Limited India Step-down Subsidiary 10 Prabhu Sainath Polymers Private Limited India Step-down Subsidiary 11 Aditya Poly Industries Private Limited India Step-down Subsidiary 0.00 -100000.00 0.00 0.00 0.00 0.00