HEG2024-10-012024-12-31 HEG2024-10-012024-12-31 HEG2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member HEG2024-10-012024-12-31in-bse-fin:OneOperatingExpenses02Member HEG2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member HEG2024-10-012024-12-31in-bse-fin:FourOperatingExpenses02Member HEG2024-12-31 HEG2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue01Member HEG2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue02Member HEG2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue03Member HEG2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue01Member HEG2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue02Member HEG2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue03Member HEG2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults01Member HEG2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults02Member HEG2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults03Member HEG2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults01Member HEG2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults02Member HEG2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults03Member HEG2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets01Member HEG2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets02Member HEG2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets03Member HEG2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member HEG2024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member HEG2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member HEG2024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member HEG2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities03Member HEG2024-12-31in-bse-fin:OneReportableSegmentLiabilities03Member HEG2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HEG2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HEG2024-10-012024-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member HEG2024-10-012024-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 509631 HEG NOTLISTED HEG Limited Equity 2024-04-01 2025-03-31 2025-02-11 2025-01-14 INR Crores Third quarter 14:00:00 18:00:00 2025-02-11 2025-02-11 Not applicable Multi segment 2024-10-01 2024-12-31 Unaudited Consolidated 4783840000.00 1115800000.00 5899640000.00 2289380000.00 0.00 -506560000.00 247770000.00 93830000.00 505570000.00 1954570000.00 4584560000.00 1315080000.00 0.00 1315080000.00 108640000.00 243130000.00 351770000.00 0.00 963310000.00 0.00 0.00 0.00 -129300000.00 834010000.00 -210000.00 833800000.00 0.00 0.00 385960000.00 2 4.32 4.32 0.00 0.00 4.32 4.32 Note: 1. The consolidated financial results include results of (i) HEG Limited ( the Holding Company ) (ii) Wholly owned Subsidiary- TACC Limited (iii) Wholly owned Subsidiary- HEG Graphite Limited incorporated on 4th June, 2024 (iv) Wholly owned Subsidiary- Bhilwara lnfotechnology Limited (the Holding Company and subsidiaries collectively referred to as the group ) (iv) Share of profit and total comprehensive income of Associate- Bhilwara Energy Limited. 2. These Consolidated financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) as prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued there under. 3. The above Consolidated financial results have been reviewed by Audit Committee and approved by Board of Directors of the Holding Company in their respective meetings held on 11th February, 2025. The Statutory Auditors have expressed an unmodified conclusion on the aforesaid results. 4. The figures of power segment relates to operations at Hydro Power Plant of the Company at Tawa Nagar which is seasonal in nature. The plant works intermittently during 1st quarter based upon irrigation requirement, starts operating in the 2nd quarter depending upon monsoon and continues in the 3rd quarter before tapering down in the last quarter. 5. For the purpose of reporting as per the requirements of Ind AS 108 ‘Operating Segments’, until the last financial year, the ‘Power Segment’ comprised of two Thermal Power Plants having total capacity of 63 MW at Mandideep, Bhopal (Madhya Pradesh) and a Hydro Power Plant having capacity of 13.5 MW at Tawa Nagar, District Hoshangabad (Madhya Pradesh). Keeping in view the intended future use of the Thermal Power Plants exclusively to meet the power requirement of graphite business, the thermal power plants have been considered as a part of ‘Graphite Segment’ w.e.f. current financial year. Further the Hydro Power Plant is considered a separate segment and is being continued to be disclosed under ‘Power segment’ for reporting as per Ind AS 108 ‘Operating Segments’, Accordingly, the figures of segment revenue, results, assets and liabilities reported above for the corresponding periods have been restated, in line with the reporting during the current year. Previous year/periods' figures relating to these have been rearranged/regrouped, wherever considered necessary, to make them comparable with those of current period. 6. The Board of Directors of Holding Company at its meeting held on 22nd May 2024 have approved a Composite Scheme of Arrangement amongst HEG Limited (“the Company”) and HEG Graphite Limited ( Resulting Company ) and Bhilwara Energy Limited ( Transferor Company ) and their respective shareholders and creditors ( Scheme ). The proposed Scheme inter alia provides for: (a) the demerger of the Demerged Undertaking (i.e. Graphite Business) from the Company into the Resulting Company on a going concern basis and issue of equity shares by the Resulting Company to the shareholders of the Company in consideration thereof, and (b) amalgamation of the Transferor Company with the Company and issue of equity shares by the Company to the shareholders of the Transferor Company (except the Company itself) in consideration thereof. The Appointed Date for the Scheme is 1st April, 2024. The Scheme is, inter alia, subject to receipt of approval from the statutory and regulatory authorities, including BSE Limited, National Stock Exchange of India Limited, jurisdictional National Company Law Tribunal and the shareholders and creditors (as applicable) of the Companies involved in the Scheme. Pending receipt of final approvals, no adjustments have been made in the financial results for the nine months ended 31st December, 2024. Multi segment 2024-04-01 2024-12-31 Unaudited Consolidated 16174400000.00 1749700000.00 17924100000.00 7111980000.00 0.00 -156760000.00 714170000.00 271930000.00 1459970000.00 6353370000.00 15754660000.00 2169440000.00 0.00 2169440000.00 275540000.00 286930000.00 562470000.00 0.00 1606970000.00 0.00 0.00 0.00 280300000.00 1887270000.00 6050000.00 1893320000.00 0.00 0.00 385960000.00 2 9.78 9.78 0.00 0.00 9.78 9.78 Other expenses 1163580000.00 Power and fuel 790990000.00 Other expenses 3820380000.00 Power and fuel 2532990000.00 Graphite 4685770000.00 Others 13070000.00 Power 84910000.00 Graphite 15937770000.00 Others 13070000.00 Power 223510000.00 4783750000.00 16174350000.00 0.00 0.00 4783750000.00 16174350000.00 Graphite 556860000.00 Others -21790000.00 Power 65600000.00 Graphite 1261460000.00 Others -24690000.00 Power 113900000.00 600670000.00 1350670000.00 93830000.00 271930000.00 -808120000.00 -1090620000.00 1314960000.00 2169360000.00 Graphite 37678160000.00 Others 0.00 Power 207120000.00 37885280000.00 18510770000.00 56396050000.00 Graphite 9531910000.00 Others 0.00 Power 29020000.00 9560930000.00 1550800000.00 11111730000.00 Remeasurement of employee defined benefit plan 0.00 Remeasurement of employee defined benefit plan 9030000.00 0.00 9030000.00 0.00 2270000.00 Share of other comprehensive income of associate -210000.00 Share of other comprehensive income of associate -710000.00 -210000.00 -710000.00 0.00 0.00