WALCHANNAG2022-10-012022-12-31 WALCHANNAG2022-10-012022-12-31 WALCHANNAG2022-10-012022-12-31in-bse-fin:OneOperatingExpenses01Member WALCHANNAG2022-10-012022-12-31in-bse-fin:OneOperatingExpenses02Member WALCHANNAG2022-10-012022-12-31in-bse-fin:FourOperatingExpenses01Member WALCHANNAG2022-10-012022-12-31in-bse-fin:FourOperatingExpenses02Member WALCHANNAG2022-12-31 WALCHANNAG2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue01Member WALCHANNAG2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue02Member WALCHANNAG2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue03Member WALCHANNAG2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue01Member WALCHANNAG2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue02Member WALCHANNAG2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue03Member WALCHANNAG2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults01Member WALCHANNAG2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults02Member WALCHANNAG2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults03Member WALCHANNAG2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults01Member WALCHANNAG2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults02Member WALCHANNAG2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults03Member WALCHANNAG2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets01Member WALCHANNAG2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets02Member WALCHANNAG2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets03Member WALCHANNAG2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities01Member WALCHANNAG2022-12-31in-bse-fin:OneReportableSegmentLiabilities01Member WALCHANNAG2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities02Member WALCHANNAG2022-12-31in-bse-fin:OneReportableSegmentLiabilities02Member WALCHANNAG2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities03Member WALCHANNAG2022-12-31in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 507410 WALCHANNAG Notlisted Walchandnagar Industries Limited Equity 2022-04-01 2023-03-31 2023-02-13 2023-02-03 INR Lakhs Third quarter 17:00:00 18:21:00 2023-02-13 2023-02-13 Not applicable Multi segment 2022-10-01 2022-12-31 Unaudited Standalone 729800000.00 111400000.00 841200000.00 368200000.00 0.00 -39000000.00 209100000.00 140700000.00 47100000.00 170200000.00 896300000.00 -55100000.00 0.00 -55100000.00 0.00 0.00 0.00 0.00 -55100000.00 0.00 0.00 0.00 0.00 -55100000.00 3500000.00 -51600000.00 0.00 0.00 91800000.00 2 -1.20 -1.20 0.00 0.00 -1.20 -1.20 1. The above financial results have been prepared in accordance with Indian Accounting Standard as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 and the Companies (Indian Accounting Standard) Amendment Rules, 2016. 2. The above Financial Results have been reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors at its meeting held on 13th February , 2023. 3. The company is engaged in segments namely Heavy Engineering, Foundry and Machine shop and Others. These segments have been reported in a manner consistent with the internal reporting provided to the Chief Operating Decision Maker. 4. Inventory includes work in progress of Rs. 2194.21 Lakhs in respect of orders which have been cancelled / put on hold. The Company is of the opinion that no provision is required to be made , as this stock will be either liquidated or diverted to other projects. 5. The Company has declared ESOP scheme for eligible employee in the F.Y. 2020-21 for which the company received approval from BSE and NSE in the month of June/July 2021. Till March 2022 none of eligible employee excercised their rights under the scheme. During the current financial year, the employee have started excercising such option. During the quarter, the company has recognized expense of Rs. 79.68 lakh under Employee Benefit Expenses . 6. The Board of Directors of the Company in its Meeting held on 21st October, 2022 considered and approved the allotment of Shares as per the details given below: i) Issue of 32,10,000 Equity Shares at Rs. 60 per equity share to Assets Care & Reconstruction Enterprise limited ( acting in its capacity as trustee of ACRE-120 trust), Non- Promoter, towards conversion/ appropriation of part of its existing debt owed to it by the Company. ii) Issue of 46,00,000 Equity Shares at Rs. 60 per equity share to Promoters/Promoters Group Entities towards conversion/appropriation of part of the debt owed to them by the Company. 7. Figures for the previous periods have been regrouped/reclassified where necessary, to confirm to the current period classification. Multi segment 2022-04-01 2022-12-31 Unaudited Standalone 2099900000.00 193500000.00 2293400000.00 1127900000.00 0.00 -120200000.00 582700000.00 414200000.00 141300000.00 516200000.00 2662100000.00 -368700000.00 0.00 -368700000.00 0.00 0.00 0.00 0.00 -368700000.00 0.00 0.00 0.00 0.00 -368700000.00 1300000.00 -367400000.00 0.00 0.00 76100000.00 2 -8.04 -8.04 0.00 0.00 -8.04 -8.04 Other Expenses 122900000.00 Sub-contracting Expenses, Processing Charges and Other Direct Costs 47300000.00 Other Expenses 366400000.00 Sub-contracting Expenses, Processing Charges and Other Direct Costs 149800000.00 Foundry and Machine Shop 129900000.00 Heavy Engineering 561700000.00 Others 46200000.00 Foundry and Machine Shop 408600000.00 Heavy Engineering 1553300000.00 Others 155900000.00 737800000.00 2117800000.00 8000000.00 17800000.00 729800000.00 2100000000.00 Foundry and Machine Shop -16100000.00 Heavy Engineering 103900000.00 Others 8800000.00 Foundry and Machine Shop -25500000.00 Heavy Engineering 65200000.00 Others 31100000.00 96600000.00 70800000.00 140800000.00 414200000.00 10900000.00 25300000.00 -55100000.00 -368700000.00 Foundry and Machine Shop 530800000.00 Heavy Engineering 7810600000.00 Others 458500000.00 8799900000.00 19700000.00 8819600000.00 Foundry and Machine Shop 885000000.00 Heavy Engineering 5865900000.00 Others -150000000.00 6600900000.00 171500000.00 6772400000.00 3500000.00 1300000.00 0.00 0.00 0.00 0.00