FINPIPE2023-04-012023-06-30 FINPIPE2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member FINPIPE2023-06-30 FINPIPE2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member FINPIPE2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member FINPIPE2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member FINPIPE2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member FINPIPE2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member FINPIPE2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member FINPIPE2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member FINPIPE2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member FINPIPE2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member FINPIPE2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member FINPIPE2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member FINPIPE2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500940 FINPIPE NOTLISTED Finolex Industries Limited Equity 2023-04-01 2024-03-31 2023-07-19 2023-07-12 INR Crores First quarter 17:00:00 19:25:00 2023-07-19 2023-07-19 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Consolidated 11791700000.00 402600000.00 12194300000.00 6761000000.00 53600000.00 990300000.00 518800000.00 90200000.00 343900000.00 1943300000.00 10701100000.00 1493200000.00 0.00 1493200000.00 368600000.00 47000000.00 415600000.00 0.00 1077600000.00 0.00 0.00 0.00 75700000.00 1153300000.00 731900000.00 1885200000.00 0.00 0.00 0.00 0.00 1236700000.00 2 1.86 1.86 0.00 0.00 1.86 1.86 1. The standalone financial results and the consolidated financial results of Finolex Industries Limited ( the 'Holding Company') and its associate for the quarter ended June 30, 2023 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on July 19, 2023 and a limited review of the same has been carried out by the statutory auditors of the Holding Company. 2. These results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34, Interim Financial Reporting (Ind AS 34) prescribed under section 133 of the Companies Act 2013 (“the Act”) and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (as amended). 3. The Holding Company has investments in two associates, Finolex Plasson Industries Private Limited and Pawas Port Limited. The Holding Company duly consolidates using equity method as prescribed under Ind AS 28 on ‘Investment in Associates and Joint Ventures’ its 46.35% stake in Finolex Plasson Industries Private Limited. However, the Company does not consolidate its 49.99% equity stake (corresponding investment amounting to Rs 0.05 crore) in Pawas Port Limited since the said associate company has not started operations and is not material to the Holding Company. 4. The figures for the quarter ended March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year and the unaudited published figures upto nine months of the relevant financial year. 5. Previous periods' figures have been re-grouped wherever necessary, to conform to the current period's classification. Other Expenses 1943300000.00 PVC pipes and fittings 11542100000.00 PVC resin 3594100000.00 15136200000.00 3344500000.00 11791700000.00 PVC pipes and fittings 1264400000.00 PVC resin 31200000.00 1295600000.00 90200000.00 -363500000.00 1568900000.00 PVC pipes and fittings 14523800000.00 PVC resin 7226200000.00 21750000000.00 44098300000.00 65848300000.00 PVC pipes and fittings 4326600000.00 PVC resin 263200000.00 4589800000.00 10342800000.00 14932600000.00 Re-measurement (loss)/gain of defined benefit plans -900000.00 Gain/(loss) on equity instruments through OCI 1023900000.00 1023000000.00 291100000.00 0.00