5328302022-04-012022-06-305328302022-04-012022-06-30in-bse-fin:OtherExpenses1Memberiso4217:INRiso4217:INRxbrli:shares532830ASTRALNOTLISTEDINE006I01046Astral LimitedEquity2022-04-012023-03-312022-08-122022-08-03INRMillionsFirst quarterSingle segmentPlumbing2022-08-1214:00:002022-08-1215:30:00Not applicable2022-04-012022-06-30UnauditedStandalone89980000006200000090600000005991000000262000000-300000039000000011700000029700000010340000008088000000972000000097200000024200000002420000000730000000000073000000007300000000020100000013.633.63003.633.63Notes: <BR> <BR> 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on August 12, 2022 and reviewed by the Statutory Auditors of the company. <BR> <BR> 2. Figures for the quarter ended March 31, 2022 represents the difference between the audited figures in respect to the full financial year and the published figures of nine months ended December 31, 2021, which were subjected to limited review. <BR> <BR> 3. The company has made provision for expected credit loss on advances given for purchase of non-current investment amounting to Rs. 19 Million during the quarter and year ended March 31, 2022, which has been considered as exceptional in nature. <BR> <BR> 4. The company has presented segment information in the Consolidated Financial Statement and accordingly in terms of Ind AS 108 - Operating Segments, no disclosure related to segments are presented in this standalone financial results. <BR> <BR> 5. The Company has entered into definitive agreements with Gem Paints Private Limited (hereafter known as Gem Paints) and its shareholders to acquire 51% controlling stake in its Operating Paint Business w.e.f. April 1, 2022. Presently, the Company has subscribed to optionally convertible debentures, allowing the Company to appoint majority of the directors on board of Gem Paints Private limited for a consideration of Rs. 1,940 million. Basis the above, Gem Paints has become subsidiary of the Company. Gem Paints is engaged into the business of manufacturing and supply of various types of paints, varnishes, coatings, products related to home decor, industrial paints. <BR> <BR> Under the definitive agreements, the operating paint business of Gem Paints is proposed to be demerged to a subsidiary of Gem Paints, wherein the Company will acquire 51% controlling stake. Presently, the scheme of arrangement for demerger is under process of filling for regulatory approvals. <BR> <BR> 6. The company had entered into the business of manufacturing and supply of faucets and sanitaryware. For the said purpose the company has purchased ready to use Property, Plant and Equipment at Jamnagar, Gujarat. <BR> <BR> 7. The Company has considered the impact of COVID-19 pandemic on its business operations and financial results based · on its review of current indicators of future economic conditions and expects that the carrying amount of the assets will be recovered . However, the impact assessment of this pandemic is a continuing process given the uncertainties associated with its nature and duration. Accordingly, the Company will continue to monitor any material changes to future economic conditions. <BR> <BR> 8. Tax expenses includes current tax and deferred tax. <BR> <BR> 9. The figures for the previous periods have been regrouped / reclassified wherever necessary to confirm with the current period's classification. Other Expenses103400000000