INDIACEM2020-07-012020-09-30in-bse-fin:OneOperatingExpenses01Member INDIACEM2020-07-012020-09-30in-bse-fin:OneOperatingExpenses02Member INDIACEM2020-07-012020-09-30in-bse-fin:OneOperatingExpenses03Member INDIACEM2020-07-012020-09-30in-bse-fin:FourOperatingExpenses01Member INDIACEM2020-07-012020-09-30in-bse-fin:FourOperatingExpenses02Member INDIACEM2020-07-012020-09-30in-bse-fin:FourOperatingExpenses03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares INDIACEM 2020-04-01 2021-03-31 2020-10-21 INR Crores Half yearly true Cash Flow Indirect Single segment Manufacturing and Marketing of Cement 2020-07-01 2020-09-30 Unaudited Standalone 10697200000.00 57300000.00 10754500000.00 1748800000.00 300000.00 198000000.00 736500000.00 704800000.00 601200000.00 5666900000.00 9656500000.00 1098000000.00 0.00 1098000000.00 174100000.00 209600000.00 383700000.00 0.00 714300000.00 0.00 0.00 0.00 0.00 714300000.00 -6300000.00 708000000.00 0.00 0.00 3099000000.00 10 2.28 2.28 0.00 0.00 2.28 2.28 Notes: n1.The above Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at the meetings held on 4th Nov 2020 and 6th Nov 2020 respectively. n2.The Company is primarily engaged in manufacture and marketing of cement and cement related products. Subsidiaries and Associate companies are mainly engaged in the business of Sugar, Power, Financial Services, Trading, Mining and Transportation. The reportable segment is only cement. n3.The Enforcement Directorate Authorities had issued an attachment order dated 25th February 2015 under the Prevention of Money Laundering Act, 2002 (PMLA) attaching certain assets of the Company for an aggregate carrying value of Rs.120.34 Crores. The Company has already appealed against the said Order and the matter is presently Sub judice. The Auditors have continued to draw an emphasis on this matter in their Report. n4.The Competition Commission of India (CCI) vide its Order dated 31.08.2016 imposed a penalty of Rs.187.48 Crores on the Company. The Company filed an appeal before COMPAT (Presently NCLAT). The COMPAT in its interim order directed the Company to pay 10% of the penalty amount (Rs 18.75 Crores) before granting stay which was deposited by the Company. NCLAT vide its order dated 25/07/2018 dismissed the appeal filed by the Company. Against this the Company has filed an appeal in the Supreme Court challenging the NCLAT order and the Supreme Court vide its Order dated 5-10-2018 admitted the Company's appeal and directed that the interim order passed by the Tribunal in the matter, will continue. The Auditors have continued to draw an emphasis on this matter in their Report. n5.a) The spread of novel coronavirus disease (COVID 19) has severely impacted businesses in India and abroad. The regular business operations have been disrupted severely due to lockdowns, restrictions in transportation, supply chain disruptions, travel bans, social distancing and other emergency measures. In consequence of the lockdown and other measures imposed by the Central and State Governments under the Disaster Management Act, 2005, the operations were shutdown during the last week of March 2020. Operations restarted in phases during April 2020, duly following the Government guidelines. The pandemic situation has affected the normal business operations of the Company and production, sales and profitability, inter alia, have been impacted. nb) The Company also has assessed, in line with Advisory on Impact of Coronavirus on Financial Reporting issued by the Institute of Chartered Accountants of India, the recoverability and carrying values of its assets comprising property, plant and equipment, intangible assets, trade receivables, inventory and investments as at the balance sheet date. Based on the assessment by the Management the net carrying values of the said assets will be recovered at the values stated. The Company evaluated the internal controls including internal controls with reference to financial statements, which have been found to be operating effectively given that there have been no dilution of such controls due to factors caused by COVID 19 situation. n6. The Code of Social Security,2020 (Code) passed by the Parliament subsumes various legislations relating to employee Benefits including Provident fund and Gratuity .Pending Notifications of the effective date of the Code, all the employee benefits have been accounted as per the existing laws. n7.(i) The Statutory Auditors have carried out a limited Review of the Standalone and Consolidated financial results for the Quarter and Half Year ended 30th September 2020. n(ii) The previous periods' figures have been regrouped to confirm to Current period's required classification. n nfor THE INDIA CEMENTS LIMITED nN.SRINIVASAN nVice Chairman & Managing Director n nChennai n6th November 2020 Single segment 2020-04-01 2020-09-30 Unaudited Standalone 18267500000.00 90200000.00 18357700000.00 2904600000.00 300000.00 609100000.00 1486300000.00 1434300000.00 1201200000.00 9363300000.00 16999100000.00 1358600000.00 0.00 1358600000.00 216100000.00 258600000.00 474700000.00 0.00 883900000.00 0.00 0.00 0.00 0.00 883900000.00 -6300000.00 877600000.00 0.00 0.00 3099000000.00 10 2.83 2.83 0.00 0.00 2.83 2.83 Other Expenses 1188800000.00 Power and Fuel 2322900000.00 Transportation & Handling 2155200000.00 Other Expenses 1982600000.00 Power and Fuel 3863200000.00 Transportation & Handling 3517500000.00 1434300000.00 -226100000.00 743000000.00 0.00 377400000.00 -6800000.00 138100000.00 -5700000.00 0.00 -2662100000.00 0.00 506800000.00 -228300000.00 1201200000.00 0.00 0.00 -22500000.00 1008000000.00 -14300000.00 11700000.00 0.00 32600000.00 0.00 -9400000.00 0.00 0.00 -9600000.00 -8000000.00 0.00 2195100000.00 3553700000.00 0.00 0.00 0.00 471400000.00 0.00 3082300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 292800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 32600000.00 0.00 9400000.00 0.00 -250800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3281000000.00 4457900000.00 0.00 0.00 185900000.00 1445900000.00 0.00 0.00 -2808700000.00 22800000.00 0.00 22800000.00 66300000.00 89100000.00