INDIACEM2023-04-012023-06-30 INDIACEM2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member INDIACEM2023-04-012023-06-30in-bse-fin:OneOperatingExpenses02Member INDIACEM2023-04-012023-06-30in-bse-fin:OneOperatingExpenses03Member INDIACEM2023-06-30 INDIACEM2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530005 INDIACEM NOTLISTED The India Cements Limited Equity 2023-04-01 2024-03-31 2023-08-07 2023-07-28 INR Crores First quarter 09:45:00 12:15:00 2023-08-07 2023-08-07 Not applicable Single segment tCement 2023-04-01 2023-06-30 Unaudited Standalone 13930400000.00 68700000.00 13999100000.00 2567800000.00 3500000.00 276400000.00 920100000.00 578300000.00 529700000.00 10112400000.00 14988200000.00 -989100000.00 0.00 -989100000.00 0.00 -236400000.00 -236400000.00 0.00 -752700000.00 0.00 0.00 0.00 0.00 -752700000.00 4000000.00 -748700000.00 0.00 0.00 3099000000.00 10 -2.42 -2.42 0.00 0.00 -2.42 -2.42 Notes: 1. The above Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at the meetings held on 05th August 2023 and 07th August 2023 respectively. 2.The Company is primarily engaged in manufacture and marketing of cement and cement related products. Subsidiaries and Associate companies are mainly engaged in the business of Sugar, Power, Financial Services, Trading, Mining and Transportation.The reportable segment is only cement. 3. Certain assets of the Company having an aggregate carrying value of Rs.120.34 Crores were attached by a statutory authority during 2015. The Company has already appealed against the Order of the said attachment and the matter is presently Sub judice.The Auditors have continued to draw an emphasis on this matter in their Report. 4. The Competition Commission of India (CCI) vide its Order dated 31.08.2016 imposed a penalty of Rs.187.48 Crores on the Company. The Company filed an appeal before COMPAT (Presently NCLAT). The COMPAT in its interim order directed the Company to pay 10% of the penalty amount (Rs 18.75 Crores) before granting stay which was deposited by the Company. NCLAT vide its order dated 25-07-2018 dismissed the appeal filed by the Company. Against this the Company has filed an appeal in the Supreme Court challenging the NCLAT order and the Supreme Court vide its Order dated 5-10-2018 admitted the Company's appeal and directed that the interim order passed by the Tribunal in the matter, will continue. The Auditors have continued to draw an emphasis on this matter in their Report. 5. The Company with a view to address the profitability/liquidity concerns, has initiated steps to modernise some of its plants to improve the operating efficiencies. The Company has also engaged the services of management consultants to study the operations in its plants and suggest measures to reduce the variable costs. In addition to the above the company has also plans to infuse funds from sale of non-core assets  and mobilise additional resources to improve the operations including sales volume. 6. (i) The Statutory Auditors have carried out a limited review of the financial results for the quarter ended 30th June 2023. (ii) The figures for the quarter ended 31.03.2023 are the balancing figures between audited figures in respect of the financial year 2022-23 and year to date figures upto the quarter ended 31.12.2022. (iii) The previous periods' figures have been regrouped to confirm to Current period's required classification. Other Expenses 1713900000.00 Power and Fuel 5454100000.00 Transportation & Handling 2944400000.00 Amount of items that will not be reclassified to profit and loss 5300000.00 5300000.00 1300000.00 0.00