MEDICO2023-01-012023-03-31 MEDICO2023-01-012023-03-31 MEDICO2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member MEDICO2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member MEDICO2023-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 540937 MEDICO NOTLISTED Medico Remedies Limited Equity 2022-04-01 2023-03-31 2023-05-11 2023-05-03 INR Lakhs Yearly 15:00:00 19:30:00 2023-05-11 2023-05-11 true Cash Flow Indirect Declaration of unmodified opinion Single segment manufacturer and exporter of pharmaceutical formulations 2023-01-01 2023-03-31 Unaudited Standalone 279915000.00 421000.00 280336000.00 206718000.00 4038000.00 -7787000.00 12662000.00 2061000.00 7260000.00 32653000.00 257605000.00 22731000.00 0.00 22731000.00 4378000.00 695000.00 5073000.00 0.00 17658000.00 0.00 0.00 0.00 0.00 17658000.00 496000.00 18154000.00 0.00 0.00 165968000.00 2 0.21 0.21 0.00 0.00 0.21 0.21 0.00 0.05 0.00 1.Medico Remedies Limited (MRL) was listed in SME segment of BSE as on 31.03.22 & migrated to Main Board of BSE & NSE on 26.05.22. Accordingly, MRL has adopted Ind AS, as notified u/s 133 of Companies Act which is applicable to MRL from 01.04.22 2. MRL has first time adopted Ind AS from 01.04.22 & accordingly these results have been prepared in accordance with the recognition & measurement principles laid down in Ind AS 34, Interim Financial Reporting prescribed u/s 133 of Companies Act & other accounting pronouncements generally accepted in India. 3. MRL has first time adopted first time Ind AS, accordingly the Company had prepared comparative figures of quarter & year ended 31.03.23 & 31.03.22 as given above by the management after exercising necessary due diligence to ensure financial results reflects true & fair view of MRL's affairs in Ind AS. 4. MRL's management, pursuant to Ind AS 108 - Operating Segments, has concluded that MRL has only one reportable segment i.e Pharmaceuticals. Accordingly, no separate disclosures of segment information have been made. 5.During the year ended 31.03.23, equity shares of MRL were split/subdivided into five (5) equity shares having value of Rs. 2/- each w.e.f. 16.03.23 (record date). The basis & diluted earnings per share for the current, previous periods/years has been restated to give effect of share split as per IND AS 33. 6.There are no Investor complaints pending as on 31.03.23. 7.Previous periods’ figures have been regrouped/reclassified where required to make them compatible with the figures of current periods. 8.The Audit Committee has reviewed & the Board has approved the above results & its release at their respective meetings held on 11.05 2023. The Statutory Auditors of MRL issued Independent Auditors’ Report & it has been filed with stock exchange & is available on MRL’s website. Single segment 2022-04-01 2023-03-31 Audited Standalone 1404374000.00 39466000.00 1443840000.00 1000744000.00 59769000.00 -11802000.00 56803000.00 7471000.00 27205000.00 202661000.00 1342851000.00 100989000.00 0.00 100989000.00 24950000.00 3623000.00 28573000.00 0.00 72416000.00 0.00 0.00 0.00 0.00 72416000.00 269000.00 72685000.00 0.00 0.00 165968000.00 2 272462000.00 0.87 0.87 0.00 0.00 0.87 0.87 0.00 0.00 0.00 Other Expenses 32653000.00 Other Expenses 202661000.00 203070000.00 15227000.00 0.00 0.00 0.00 700000.00 0.00 0.00 0.00 0.00 0.00 7939000.00 7939000.00 0.00 2152000.00 229088000.00 196987000.00 0.00 360949000.00 9114000.00 12657000.00 1522000.00 180000.00 384422000.00 0.00 63986000.00 645395000.00 0.00 0.00 874483000.00 165968000.00 272462000.00 438430000.00 438430000.00 15460000.00 0.00 0.00 15460000.00 634000.00 1855000.00 0.00 2876000.00 20825000.00 82158000.00 309858000.00 0.00 392016000.00 14194000.00 376000.00 8642000.00 0.00 415228000.00 0.00 0.00 436053000.00 874483000.00 0.00 -15910000.00 -57006000.00 0.00 5524000.00 0.00 0.00 2612000.00 0.00 38890000.00 0.00 -1930000.00 0.00 27205000.00 0.00 -1142000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12000.00 0.00 4869000.00 0.00 3221000.00 0.00 6345000.00 107334000.00 0.00 0.00 -711000.00 24950000.00 0.00 81673000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 45000.00 0.00 0.00 868000.00 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 711000.00 0.00 -65923000.00 0.00 -66035000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 13048000.00 0.00 4600000.00 0.00 525000.00 0.00 0.00 -18173000.00 -2535000.00 0.00 -2535000.00 11650000.00 9115000.00 -496000.00 -269000.00 0.00 0.00