EPL2023-04-012023-06-30 EPL2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member EPL2023-06-30 EPL2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500135 EPL NA EPL Limited Equity 2023-04-01 2024-03-31 2023-08-08 2023-07-31 INR Millions First quarter 14:03:00 16:00:00 2023-08-08 2023-08-08 Not applicable Single segment Manufacture of Laminated Plastic Tubes and Laminates 2023-04-01 2023-06-30 Unaudited Standalone 3035000000.00 20000000.00 3055000000.00 1578000000.00 0.00 -122000000.00 354000000.00 51000000.00 309000000.00 630000000.00 2800000000.00 255000000.00 0.00 255000000.00 -15000000.00 -4000000.00 -19000000.00 0.00 274000000.00 0.00 0.00 0.00 0.00 274000000.00 0.00 274000000.00 0.00 0.00 636000000.00 2 0.86 0.86 0.00 0.00 0.86 0.86 0.00 0.02 0.06 NOTES: 2 The above standalone unaudited financial results (the 'results') are prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 - Interim Financial Reporting ('Ind AS 34') prescribed under section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India and are in compliance with the presentation and disclosure requirements of Regulation 33 and Regulation 52 read with Regulation 63 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). These results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 08 August 2023. The statutory auditors have carried out a limited review of the above results for the quarter ended 30 June 2023. 3 Figures for the quarter ended 31 March 2023 are the balancing figures between the audited figures in respect of full financial year ended 31 March 2023 and the published year-to-date figures upto the nine months period ended 31 December 2022, which were subjected to limited review by the statutory auditor. 4 Amounts shown as '0' in the results represent value less than Rupee one million. 5 The Board of Directors of the Company at its meeting held on 12 November 2020 had approved the scheme of amalgamation of Creative Stylo Packs Private Limited (‘CSPL’ or 'transferor company') with the Company (the “Scheme”) under Section 230 to 232 of the Companies Act, 2013 and other applicable statutory provisions. The Scheme was also approved by the respective shareholders and creditors of the Company and CSPL. The Hon’ble National Company Law Tribunal, Mumbai Bench (‘NCLT’) approved the aforesaid Scheme vide its order dated 16 September 2022 pronouncing 01 February 2021 as the 'Appointed Date'. The certified true copy of the said order was received on 10 October 2022 and the order was filed with the Registrar of Companies on 01 November 2022. Pursuant to the Scheme, on 05 November 2022 the Company allotted its 2,339,186 equity shares in the ratio of 2,500 fully paid-up equity shares of Rs. 2 each for every 927 fully paid-up equity shares of Rs.10 each of CSPL to the specified shareholders of the transferor company. Accordingly, the Company in its standalone financial results has accounted for the amalgamation scheme using the acquisition method retrospectively for the period presented as prescribed in Ind AS 103 – “Business Combination”, effective from the Appointed Date. The numbers for the previous period presented has been accordingly restated viz., quarter ended 30 June 2022. The impact of the amalgamation on the standalone financial results is as stated below: Quarter ended 30-June-2022 Restated Reported earlier Total income (Rs. in million) 3,086 2,812 Profit before tax (Rs. in million) 418 410 Basic Earnings Per Share (Amount in Rs.) 1.09 1.09 Diluted Earnings Per Share (Amount in Rs.) 1.09 1.09 6 Other income includes: (Rs. in million) Quarter ended Year ended 30-Jun 31-Mar 30-Jun 31-Mar 2023 2023 2022 2023 Dividend income received from wholly owned subsidiaries - - 229 879 Income from government grant 2 224 5 232 7 The Company publishes standalone financial results along with the consolidated financial results. Accordingly, as per Ind AS 108 'Operating Segments', no disclosures related to the segments are presented in these standalone unaudited financial results. Other Expenses 630000000.00 Items that will not be reclassifed to profit and Loss 0.00 0.00 0.00 0.00