GRAVITA2023-04-012023-06-30 GRAVITA2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member GRAVITA2023-06-30 GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue03Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue04Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue05Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults03Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults04Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults05Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets03Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets04Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets05Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member GRAVITA2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member GRAVITA2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member GRAVITA2023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member GRAVITA2023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member GRAVITA2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities05Member GRAVITA2023-06-30in-bse-fin:OneReportableSegmentLiabilities05Member GRAVITA2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GRAVITA2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member GRAVITA2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 533282 GRAVITA NA Gravita India Limited Equity 2023-04-01 2024-03-31 2023-07-24 2023-07-15 INR Crores First quarter 11:45:00 15:00:00 2023-07-24 2023-07-24 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Consolidated 7033900000.00 233500000.00 7267400000.00 5722000000.00 76000000.00 -169200000.00 392600000.00 127000000.00 79200000.00 428200000.00 6655800000.00 611600000.00 0.00 611600000.00 66900000.00 19200000.00 86100000.00 0.00 525500000.00 0.00 0.00 0.00 0.00 525500000.00 -23600000.00 501900000.00 520800000.00 4700000.00 492500000.00 9400000.00 138100000.00 2 7.70 7.70 0.00 0.00 7.70 7.70 (1) The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors as its meeting held on July24, 2023. The limited review , as required under regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 has been completed by the Statutory Auditors.These consolidated financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards('IndAS') 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)During the quarter ended 30June 2023, the Compensation Committee of the Holding Company has terminated the Gravita Stock Appreciation Rights Scheme ,2017 (‘Scheme’). Therefore ,provision created in the previous period amounting to Rs.11.63 crores has been written back in the current quarter on account of termination of Scheme.As at 30 June, 2023, 1,365,940 shares (previous period :1,380,500 shares) of face value of Rs.2 each, are held by Gravita Employee Welfare Trust and the proceeds from the sale of shares, net of liability payable by the Gravita Employee Welfare Trust, will be used for the benefit of the employees of the Group. (4)Figures for the preceding quarter ended March 31, 2023, as reported in these financial results, are the balancing figures between audited figures in respect of the full financial year ended March 31, 2023 and the reviewed year to date published unaudited figures upto the end of third quarter of that financial year. (5)During the quarter ended March31 ,2023, the Holding Company had recognised Minimum Alternate Tax credit amounting to Rs.10.00 crores based on the Holding Company's management estimates of future taxable profits. (6)During the quarter ended 30 June 2023, the Holding Company has received a demand order from the Office of the Commissioner of Customs (Preventive), Jodhpur amounting to Rs. 70.10 crore (excluding applicable interest fine and penalty) for violating the ‘pre import conditions 'as envisaged in advance authorisation licence pertaining to the period from October 2017 to January 2019 vide notification no.79/2017 Customs dated 17/10/2017 of The Custom Act, 1962. The management of the Holding Company, based on its overall assessment and independent legal and tax opinion believe that the Holding Company has a case on merit and question of law and accordingly, will be taking appropriate steps in the prescribed time limit to contest the matter in appellate authorities. Basis above, the management of the Holding Company is of the view that the order will not have any material impact on its financial results and in case of any liability devolves on the Holding Company, the Holding Company will be entitled to take the credit of the tax amount. Considering all available records, facts and opinion of legal and tax counsel, theHolding Company has not identified any adjustments in the current period financial results. (7)During the quarter ended June30, 2023, Gravita Netherlands B.V., a step down subsidiary company of the Holding Company has invested in a new wholly owned subsidiary namely Gravita Conakry S.A.U. (8)Thefigures of previous period have been regrouped / reclassed to make them comparative with those of current period wherever considered necessary. The impact of such reclassification / regrouping is not material to the consolidated financial results. other expenses 428200000.00 Aluminium 857900000.00 Lead 5834400000.00 Plastics 181800000.00 Turnkey projects 146100000.00 others 13700000.00 7033900000.00 0.00 7033900000.00 Aluminium 32400000.00 Lead 461600000.00 Plastics 36900000.00 Turnkey projects 99600000.00 others 100000.00 630600000.00 127000000.00 -108000000.00 611600000.00 Aluminium 1839700000.00 Lead 9978100000.00 Plastics 414900000.00 Turnkey projects 396400000.00 others 16200000.00 12645300000.00 363700000.00 13009000000.00 Aluminium 1164300000.00 Lead 2623100000.00 Plastics 112900000.00 Turnkey projects 148800000.00 others 44600000.00 4093700000.00 2399300000.00 6493000000.00 Remeasurements of the defined benefit Liabilities -1000000.00 -1000000.00 -300000.00 Foreign currency translation reserve -22900000.00 Change in fair value of hedging instruments 0.00 -22900000.00 0.00