EVERESTIND2023-04-012023-06-30 EVERESTIND2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member EVERESTIND2023-06-30 EVERESTIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member EVERESTIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member EVERESTIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member EVERESTIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member EVERESTIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member EVERESTIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member EVERESTIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member EVERESTIND2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member EVERESTIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member EVERESTIND2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member EVERESTIND2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member EVERESTIND2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 508906 EVERESTIND NOTLISTED Everest Industries Limited Equity 2023-04-01 2024-03-31 2023-08-04 2023-07-20 INR Lakhs First quarter 15:00:00 18:15:00 2023-08-04 2023-08-04 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Standalone 4841444000.00 48655000.00 4890099000.00 2364057000.00 40602000.00 558428000.00 417945000.00 26726000.00 78546000.00 1255273000.00 4741577000.00 148522000.00 76000000.00 224522000.00 52444000.00 -6027000.00 46417000.00 0.00 178105000.00 0.00 0.00 0.00 0.00 178105000.00 -670000.00 177435000.00 0.00 0.00 157430000.00 10 11.32 11.25 0.00 0.00 11.32 11.25 1. The above standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 04 August 2023. The Statutory Auditors have carried out limited review of the standalone financial results of the Company for the quarter ended 30 June 2023, in accordance with Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and have issued an unmodified report on the above results. 2. The figures for the quarter ended 31 March 2023 are the balancing figures between audited figures in respect of the full financial year and the published unaudited year to date figures upto the end of third quarter of the financial year. Figures upto the end of third quarter were only reviewed and not subjected to audit. 3. The Board of directors has approved setting up a new manufacturing facility for the Steel Building business through a wholly owned subsidiary, Everest Steel Building Private Limited, incorporated on 26 May, 2023. 4. During the quarter, the Company sold its property at Nashik resulting in profit of Rs. 760 Lakhs which is disclosed as exceptional items in the results. This property was classified as 'Asset Held for Sale' in the audited balance sheet as of 31 March, 2023. 5. In the quarter ended 31 March 2023, pursuant to the various Income tax orders received by the Company, it had evaluated related tax provisions. Consequently, the results for the quarter ended 31 March 2023 include release of tax provision of Rs. 1,692 lakhs (included under 'Adjustment of tax relating to earlier periods'), Interest Income on Tax refund of Rs. 1,610 lakhs (included under 'Other Income') and a provision for Interest expense of Rs. 2,371 lakhs on account of probable tax matters (included under 'Finance Cost'). 6. The previous period and year figures have been regrouped/ reclassified wherever necessary to conform to the current period's presentation. Other Expenses 1255273000.00 Building Products 3732774000.00 Steel Buildings 1108670000.00 4841444000.00 0.00 4841444000.00 Building Products 309262000.00 Steel Buildings 25361000.00 334623000.00 26726000.00 83375000.00 224522000.00 Building Products 5867123000.00 Steel Buildings 2865683000.00 8732806000.00 2090993000.00 10823799000.00 Building Products 1592842000.00 Steel Buildings 980668000.00 2573510000.00 2218821000.00 4792331000.00 Re-measurement gains/ (losses) on defined benefit plan -895000.00 Income Tax effect 225000.00 -670000.00 0.00 0.00