VARROC2024-10-012024-12-31 VARROC2024-10-012024-12-31 VARROC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member VARROC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses02Member VARROC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses03Member VARROC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses04Member VARROC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses05Member VARROC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses06Member VARROC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses07Member VARROC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses08Member VARROC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member VARROC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses02Member VARROC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses03Member VARROC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses04Member VARROC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses05Member VARROC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses06Member VARROC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses07Member VARROC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses08Member VARROC2024-12-31 VARROC2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue01Member VARROC2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue02Member VARROC2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue01Member VARROC2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue02Member VARROC2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults01Member VARROC2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults02Member VARROC2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults01Member VARROC2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults02Member VARROC2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets01Member VARROC2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets02Member VARROC2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member VARROC2024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member VARROC2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member VARROC2024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member VARROC2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member VARROC2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member VARROC2024-10-012024-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member VARROC2024-10-012024-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 541578 VARROC NOTLISTED Varroc Engineering Limited Equity 2024-04-01 2025-03-31 2025-02-10 2025-02-01 INR Millions Third quarter 12:05:00 13:48:00 2025-02-10 2025-02-10 Not applicable Multi segment 2024-10-01 2024-12-31 Unaudited Consolidated 20752620000.00 26040000.00 20778660000.00 13319610000.00 0.00 81790000.00 2343560000.00 417920000.00 805430000.00 3149250000.00 20117560000.00 661100000.00 -909180000.00 -248080000.00 26940000.00 176950000.00 203890000.00 0.00 -451970000.00 0.00 0.00 0.00 140000.00 -451830000.00 -142530000.00 -594360000.00 -474260000.00 22430000.00 -616790000.00 22430000.00 152790000.00 1 -3.10 -3.10 0.00 0.00 -3.10 -3.10 0.01 0.02 0.05 2. Pursuant to provisions of Section 230-232 of the Companies Act, 2013, the Board of Directors of the Company on May 17, 2024 had approved the scheme of amalgamation of Varroc Polymers Limited ('VPL') (a wholly owned subsidiary of the Holding Company) with Varroc Engineering Limited ('VEL') (the Holding Company) with appointed date of April 01, 2024 ('the Scheme'). National Company Law Tribunal ('NCLT') approved the above scheme vide its order dated January 10, 2025 and the merger became effective on February 1, 2025 on filing of the NCLT order with the Registrar of Companies. The merger has been accounted as business combination of entities under common control as per Appendix C to Ind AS 103 - Business Combinations. The aforesaid scheme has no impact on the Consolidated Financial Results of the Group since the scheme of merger was between the Holding Company and its wholly owned subsidiary, except for the tax expense for the quarter and six months ended September 30, 2024 which has been restated to include the effects of this merger. Exceptional item for the quarter and nine months ended December 31, 2024 includes estimated expenses directly attributable to this merger of Rs. 112.70 million . Multi segment 2024-04-01 2024-12-31 Unaudited Consolidated 60548830000.00 128430000.00 60677260000.00 39317720000.00 0.00 -688880000.00 6744340000.00 1294370000.00 2418980000.00 9495500000.00 58582030000.00 2095230000.00 -909180000.00 1186050000.00 113370000.00 639840000.00 753210000.00 0.00 432840000.00 0.00 0.00 0.00 34020000.00 466860000.00 77290000.00 544150000.00 406560000.00 60300000.00 483850000.00 60300000.00 152790000.00 1 2.66 2.66 0.00 0.00 2.66 2.66 0.01 0.02 0.05 Consumption of Packing Material 235610000.00 Consumption of Stores, Spares and Tools 249380000.00 Contract Labour Cost 801460000.00 Foreign exchange (gain)/loss (net) 41590000.00 Freight and Forwarding Expenses 276230000.00 Legal and Professional Fees 198410000.00 Other Expenses 842190000.00 Water and Electricity Charges 504380000.00 Consumption of Packing Material 691580000.00 Consumption of Stores, Spares and Tools 762980000.00 Contract Labour Cost 2485150000.00 Foreign exchange (gain)/loss (net) -46500000.00 Freight and Forwarding Expenses 843870000.00 Legal and Professional Fees 634110000.00 Other Expenses 2515120000.00 Water and Electricity Charges 1609190000.00 Automotive 20185260000.00 Others 567360000.00 Automotive 58982690000.00 Others 1566140000.00 20752620000.00 60548830000.00 0.00 0.00 20752620000.00 60548830000.00 Automotive 1031020000.00 Others -70770000.00 Automotive 3485210000.00 Others -227140000.00 960250000.00 3258070000.00 417920000.00 1294370000.00 790270000.00 5.During the previous year ended March 31, 2024, the Group received eligibility certificates (ECs) in respect of three plants in Aurangabad/Pune under the Maharashtra Electronic Policy 2016 effective from April 1, 2022 and valid for 10 years. Under these ECs, the Company is eligible to claim incentive in the form of refund of SGST paid on eligible sales from the respective plants. The Group has considered these as grants related to income under Ind AS 20 by recognizing the same as income in profit and loss based on SGST paid for the year. The amount of income recognised in the year ended March 31, 2024 in respect of the aforesaid ECs was Rs. 989.71 million pertaining to the period April 1, 2022 to March 31, 2024. 743630000.00 -247940000.00 1220070000.00 Automotive 37064940000.00 Others 1997380000.00 39062320000.00 6288930000.00 45351250000.00 Automotive 18774610000.00 Others 505120000.00 19279730000.00 10265540000.00 29545270000.00 Remeasurement of defined benefit obligation (net of tax) 0.00 Remeasurement of defined benefit obligation (net of tax) -70000.00 0.00 -70000.00 0.00 0.00 Exchange differences in translating the financial statements of foreign operations -142530000.00 Exchange differences in translating the financial statements of foreign operations 77360000.00 -142530000.00 77360000.00 0.00 0.00