MSPL2024-10-012024-12-31 MSPL2024-10-012024-12-31 MSPL2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member MSPL2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member MSPL2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532650 MSPL NOTLISTED MSP Steel & Power Limited Equity 2024-04-01 2025-03-31 2025-02-13 2025-02-10 INR Lakhs Third quarter 16:00:00 20:15:00 2025-02-13 2025-02-13 Not applicable Single segment MANUFACTURING STEEL SEGMENT 2024-10-01 2024-12-31 Unaudited Consolidated 7168540000.00 4587000.00 7173127000.00 6272686000.00 0.00 -445647000.00 191570000.00 158864000.00 134954000.00 957902000.00 7270329000.00 -97202000.00 120000.00 -97082000.00 0.00 -179254000.00 -179254000.00 0.00 82172000.00 0.00 0.00 0.00 0.00 82172000.00 -1355000.00 80817000.00 82172000.00 -1000.00 -1355000.00 0.00 4874904000.00 10 0.21 0.18 0.00 0.00 0.21 0.18 1. The above Un-audited Consolidated Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on February 13, 2025. The Statutory Auditors have conducted the limited review of the above unaudited consolidated financial results. 2.The Un-audited Consolidated Financial Results of MSP Steel & Power Limited (“the Parent”) and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”), and its share of the net profit/(loss) after tax and total comprehensive income of its joint venture ,have been prepared in accordance with Indian Accounting Standards (Ind AS), prescribed under section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rule, 2015 and relevant amendments thereafter. 3.As the Group's business activity falls within a single significant primary business segment i.e. Manufacturing/Trading of Iron & Steel Products , no separate segment information is disclosed. These, in the context of Ind AS 108 on Operating Segments are considered to constitute one segment and hence, the Company has not made any additional segment disclosures. 4.Pursuant to the Restructuring Scheme approved by the Consortium of Lenders in March 2018, the Parent Company had issued 45,19,70,554 Optionally Convertible Debentures (OCDs) of face value Rs. 10 each, aggregating to Rs. 45,197.06 lakhs. Out of the above, six OCD holders had exercised their conversion option in respect of 43,53,34,026 OCDs. During the current quarter, the Parent Company has received listing approval for 10,20,75,384 equity shares of face value Rs.10 each at a premium of Rs.25 per share issued pursuant to conversion of 30,99,87,539 OCDs. These equity shares have been issued upon the conversion of OCDs, including Yield to Maturity (YTM), amounting to Rs. 35,726.39 Lakhs (OCD principal of Rs. 30,998.75 Lakhs and YTM of Rs. 4,727.63 Lakhs). Further, listing approval for conversion of 12,53,46,492 OCDs for three OCD holders is pending for approval with Stock Exchanges and conversion option of 1,63,19,547 OCDs have not yet been exercised by one OCD holder. 5.In March 2018, under the Restructuring Scheme with a Consortium of Lenders, the promoters had transferred equity shares of Rs. 12,858.00 Lakhs to the consortium of lenders. In pursuance to the special resolution in the Annual General meeting held on September 17, 2024, whereby a conversion of an outstanding unsecured loan of Rs. 12,795.80 Lakhs to Equity Shares (to the persons belonging to Promoter & Promoter Group Companies) was put to vote and passed as per ICDR regulations. During the current quarter, the Parent Company has obtained in-principle approval from the stock exchanges and is pending for listing approval from the stock exchanges. 6.Figures for the previous periods have been regrouped and reclassified to conform to the classification of the current period, wherever considered necessary. Single segment 2024-04-01 2024-12-31 Unaudited Consolidated 21451759000.00 17648000.00 21469407000.00 17706404000.00 2053000.00 -262937000.00 562413000.00 585172000.00 403595000.00 2552240000.00 21548940000.00 -79533000.00 372000.00 -79161000.00 0.00 -133854000.00 -133854000.00 0.00 54693000.00 0.00 0.00 0.00 0.00 54693000.00 -2674000.00 52019000.00 47756000.00 -13000.00 -2674000.00 0.00 4874904000.00 10 0.14 0.12 0.00 0.00 0.14 0.12 Other Expenses 957902000.00 Other Expenses 2552240000.00 -1969000.00 -5908000.00 -614000.00 -3234000.00 0.00 0.00