GRAVITA2023-01-012023-03-31 GRAVITA2023-01-012023-03-31 GRAVITA2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member GRAVITA2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member GRAVITA2023-03-31 GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue01Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue02Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue03Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue04Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue05Member GRAVITA2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue01Member GRAVITA2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue02Member GRAVITA2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue03Member GRAVITA2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue04Member GRAVITA2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue05Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults01Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults02Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults03Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults04Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults05Member GRAVITA2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults01Member GRAVITA2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults02Member GRAVITA2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults03Member GRAVITA2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults04Member GRAVITA2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults05Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets01Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets02Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets03Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets04Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets05Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member GRAVITA2023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member GRAVITA2023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities03Member GRAVITA2023-03-31in-bse-fin:OneReportableSegmentLiabilities03Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities04Member GRAVITA2023-03-31in-bse-fin:OneReportableSegmentLiabilities04Member GRAVITA2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities05Member GRAVITA2023-03-31in-bse-fin:OneReportableSegmentLiabilities05Member GRAVITA2023-01-012023-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GRAVITA2023-01-012023-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GRAVITA2023-01-012023-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member GRAVITA2023-01-012023-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 533282 GRAVITA NA Gravita India Limited Equity 2022-04-01 2023-03-31 2023-05-01 2023-04-24 INR Crores Yearly 14:00:00 17:15:00 2023-05-01 2023-05-01 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2023-01-01 2023-03-31 Audited Consolidated 7489300000.00 231300000.00 7720600000.00 6518200000.00 9700000.00 -433200000.00 348600000.00 98500000.00 69200000.00 411900000.00 7022900000.00 697700000.00 0.00 697700000.00 125000000.00 -67200000.00 57800000.00 0.00 639900000.00 0.00 0.00 0.00 0.00 639900000.00 -114400000.00 525500000.00 638100000.00 1800000.00 -126900000.00 12500000.00 138100000.00 2 9.43 9.43 0.00 0.00 9.43 9.43 1. The audited consolidated financial results of the Group for the quarter and year ended 31 March 2023 have been reviewed by the Audit Committee and approved by the Board of Directors as its meeting held on May 01, 2023. The statutory auditors have expressed an unmodified opinion in audit report on these consolidated financial results. These consolidated financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards ('Ind AS') notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended), as specified in section 133 of the Companies Act, 2013. 2 Key numbers of standalone financial results are given below. The standalone financial results of the Holding Company are available on the website of the Holding Company. (www.gravitaindia.com) 3 Gravita Employee Welfare Trust [a trust set up for administration of Stock Appreciation Rights Scheme 2017 of the Holding Company] holds 1,380,500 equity shares (of face value of Rs. 2 each )of the Holding Company as of March 31, 2023. 4 Finance costs include exchange differences arising from foreign currency borrowings to the extent that they are regarded as an adjustment to interest costs. 5 The consolidated cash flow statement has been prepared under the Indirect Method as set out in the Indian Accounting Standard (Ind AS-7) - Statement of cash flow. 6 Final dividend of Rs. 4.35 per share (on the face value of Rs. 2 per equity share), amounting to Rs. 30.03 crores, has been approved by the Board of Directors in their meeting held on May 01, 2023. 7.Figures for the quarters ended March 31, 2023 and March 31, 2022 are the balancing figures between audited figures for the full financial year and the reviewed year to date published unaudited figures upto the third quarter of the respective financial years. 8.During the quarter ended March 31, 2023, the Holding Company has recognised Minimum Alternate Tax credit amounting to Rs. 10.00 crores based on the Holding Company's management estimates of future taxable profits. 9. Subsequent to year end, the Subsidiary Company of the Holding Company has sold off its equity in its step down Subsidiary Company, Gravita Nicaragua SA, due to lack of growth opportunities and political instability resulting in a loss of Rs. 4.50 crores. 10. The figures of the previous period/ year have been regrouped/ reclassed to make them comparable with those of current period/ year wherever considered necessary. Multi segment 2022-04-01 2023-03-31 Audited Consolidated 28006000000.00 930800000.00 28936800000.00 22954200000.00 207700000.00 -341700000.00 1335600000.00 391400000.00 239600000.00 1874100000.00 26660900000.00 2275900000.00 0.00 2275900000.00 305300000.00 -70300000.00 235000000.00 0.00 2040900000.00 0.00 0.00 0.00 0.00 2040900000.00 -3400000.00 2037500000.00 2011000000.00 29900000.00 -4400000.00 1000000.00 138100000.00 2 0.00 29.72 29.72 0.00 0.00 29.72 29.72 other expenses 411900000.00 other expenses 1874100000.00 127700000.00 2664400000.00 455000000.00 0.00 0.00 68800000.00 0.00 0.00 0.00 0.00 0.00 0.00 82300000.00 82300000.00 64000000.00 82500000.00 3417000000.00 5964700000.00 11100000.00 1370200000.00 303700000.00 77500000.00 5000000.00 470500000.00 2238000000.00 0.00 432300000.00 8635000000.00 0.00 0.00 12052000000.00 138100000.00 5751200000.00 5889300000.00 6017000000.00 903900000.00 0.00 141600000.00 1045500000.00 65300000.00 3000000.00 0.00 1400000.00 1115200000.00 2540700000.00 892200000.00 1161100000.00 4594000000.00 188700000.00 7200000.00 129900000.00 0.00 4919800000.00 0.00 0.00 6035000000.00 12052000000.00 Aluminium 919300000.00 Lead 6242900000.00 Plastics 205900000.00 Turnkey projects 110800000.00 others 10400000.00 Aluminium 3388100000.00 Lead 23334500000.00 Plastics 1045000000.00 Turnkey projects 190300000.00 others 48100000.00 7489300000.00 28006000000.00 0.00 0.00 7489300000.00 28006000000.00 Aluminium 83400000.00 Lead 553300000.00 Plastics 35100000.00 Turnkey projects 96200000.00 others 4900000.00 Aluminium 284100000.00 Lead 2097100000.00 Plastics 150300000.00 Turnkey projects 117300000.00 others 6900000.00 772900000.00 2655700000.00 98500000.00 391400000.00 -23300000.00 1. The audited consolidated financial results of the Group for the quarter and year ended 31 March 2023 have been reviewed by the Audit Committee and approved by the Board of Directors as its meeting held on May 01, 2023. The statutory auditors have expressed an unmodified opinion in audit report on these consolidated financial results. These consolidated financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards ('Ind AS') notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended), as specified in section 133 of the Companies Act, 2013. 2 Key numbers of standalone financial results are given below. The standalone financial results of the Holding Company are available on the website of the Holding Company. (www.gravitaindia.com) 3 Gravita Employee Welfare Trust [a trust set up for administration of Stock Appreciation Rights Scheme 2017 of the Holding Company] holds 1,380,500 equity shares (of face value of Rs. 2 each )of the Holding Company as of March 31, 2023. 4 Finance costs include exchange differences arising from foreign currency borrowings to the extent that they are regarded as an adjustment to interest costs. 5 The consolidated cash flow statement has been prepared under the Indirect Method as set out in the Indian Accounting Standard (Ind AS-7) - Statement of cash flow. 6 Final dividend of Rs. 4.35 per share (on the face value of Rs. 2 per equity share), amounting to Rs. 30.03 crores, has been approved by the Board of Directors in their meeting held on May 01, 2023. 7.Figures for the quarters ended March 31, 2023 and March 31, 2022 are the balancing figures between audited figures for the full financial year and the reviewed year to date published unaudited figures upto the third quarter of the respective financial years. 8.During the quarter ended March 31, 2023, the Holding Company has recognised Minimum Alternate Tax credit amounting to Rs. 10.00 crores based on the Holding Company's management estimates of future taxable profits. 9. Subsequent to year end, the Subsidiary Company of the Holding Company has sold off its equity in its step down Subsidiary Company, Gravita Nicaragua SA, due to lack of growth opportunities and political instability resulting in a loss of Rs. 4.50 crores. 10. The figures of the previous period/ year have been regrouped/ reclassed to make them comparable with those of current period/ year wherever considered necessary. -11600000.00 697700000.00 2275900000.00 Aluminium 1974200000.00 Lead 8906500000.00 Plastics 213600000.00 Turnkey projects 399900000.00 others 20900000.00 11515100000.00 536900000.00 12052000000.00 Aluminium 1132300000.00 Lead 3125100000.00 Plastics 125100000.00 Turnkey projects 49800000.00 others 31600000.00 4463900000.00 1571100000.00 6035000000.00 391400000.00 -875200000.00 -401000000.00 0.00 68600000.00 0.00 -12900000.00 -117800000.00 0.00 358500000.00 0.00 141200000.00 0.00 239600000.00 100000.00 -35400000.00 0.00 35800000.00 0.00 13800000.00 0.00 7400000.00 69000000.00 0.00 0.00 5200000.00 103200000.00 -16200000.00 0.00 -39500000.00 2236400000.00 0.00 0.00 0.00 235000000.00 0.00 2001400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 14100000.00 1082200000.00 0.00 11000000.00 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 7400000.00 0.00 13600000.00 0.00 -1058100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 209700000.00 643200000.00 0.00 8400000.00 43200000.00 388700000.00 0.00 0.00 -873800000.00 69500000.00 0.00 69500000.00 234200000.00 303700000.00 remeasurements of the defined benefit -8400000.00 remeasurements of the defined benefit -8000000.00 -8400000.00 -8000000.00 -2900000.00 -2800000.00 foreign currency translation reserve -108900000.00 foreign currency translation reserve 1800000.00 -108900000.00 1800000.00 0.00 0.00