JINDALSAW2023-04-012023-06-30 JINDALSAW2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member JINDALSAW2023-06-30 JINDALSAW2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue03Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults03Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets03Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member JINDALSAW2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member JINDALSAW2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member JINDALSAW2023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member JINDALSAW2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500378 JINDALSAW NOTLISTED Jindal Saw Limited Equity 2023-04-01 2024-03-31 2023-08-11 2023-07-31 INR Crores First quarter 12:30:00 15:10:00 2023-08-11 2023-08-11 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Consolidated 44100300000.00 379300000.00 44479600000.00 29067300000.00 183800000.00 -4629200000.00 3595900000.00 1595000000.00 1331900000.00 9803200000.00 40947900000.00 3531700000.00 0.00 3531700000.00 69300000.00 1028400000.00 1097700000.00 0.00 2434000000.00 0.00 0.00 0.00 800000.00 2434800000.00 77300000.00 2512100000.00 2631500000.00 196700000.00 77200000.00 100000.00 639500000.00 2 8.28 8.28 0.00 0.00 8.28 8.28 0.01 0.03 0.04 1. Jindal ITF Limited, subsidiary of the company, had won an arbitral award allowing various claims to the tune of Rs. 1,891.08 crores plus interest and applicable taxes. During the financial year 2019-20, the subsidiary had filed enforcement application under section 36 of Arbitration and Conciliation Act, 1996, for the execution of arbitral award being pronounced in favour of the subsidiary whereas the customer had preferred appeal under Section 34 of Arbitration and Conciliation Act, 1996, challenging the said arbitral award. Both the aforesaid cases are presently sub-judice before Hon’ble High Court of Delhi. As per interim relief granted by Hon’ble High Court, the subsidiary received Rs. 856.31 crores on submission of bank guarantees. Based on the current status and the legal advice received, the company is expecting a favourable outcome which would cover all the investments, loans and advances in Jindal ITF and consequently no adjustments have been made to the carrying values of loans and investments in the books of the Company. 2. The Hon’ble Hyderabad bench of NCLT vide its order dated March 31, 2023, approved the resolution plan submitted by the Company for Sathavahana Ispat Limited(SIL). The conditions precedents as per the said plan were achieved on April 26, 2023, by virtue of this, SIL stands merged with the Company on the said date. The cost to the Company for acquiring the assets net of assumed liabilities is Rs. 1,098.42 crores. As per Ind AS 103, purchase consideration has been allocated on a provisional basis, pending final determination of the fair value of the acquired assets and liabilities which resulted in recognizing a provisional capital reserve of Rs. 530.53 crores. 3. The second motion application for approval of composite scheme of amalgamation of Jindal Quality Tubular Limited, Jindal Fittings Limited and Jindal Tubular India Limited with the Company has been filed with Hon’ble Allahabad Bench of NCLT. The petition is listed for hearing on September 06, 2023. 4. The Hon’ble Allahabad Bench of NCLT has approved the merger of Sulog Transshipments Limited (step down subsidiary) with Jindal ITF Limited, vide its order dated August 09, 2023. 5. The Group has two primary business segments i.e. Iron & Steel products and Waterways Logistics. 6. Exceptional item for the previous year ended March 31, 2023 represents the loss on sale of vessel in subsidiary Sulog Transshipment Services Limited. 7. Tax expense are inclusive of prior period tax adjustments. 8. The consolidated financial results include the financials information of the step-down subsidiary, Derwent Sand SARL which is under liquidation. 9. The figures of the quarter ended March 31, 2023 are the balancing figures between the audited figures for the financial year ended March 31, 2023 and the published unaudited figures for the nine months ended December 31, 2022. 10. These results are reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on August 11, 2023. By Order of the Board For JINDAL SAW LIMITED Place: New Delhi Sminu Jindal Date: August 11, 2023 Managing Director DIN : 00005317 Other expenses 9803200000.00 Iron & Steel 43785200000.00 Others 262000000.00 Waterways Logistics 73700000.00 44120900000.00 20600000.00 44100300000.00 Iron & Steel 4868200000.00 Others 1000000.00 Waterways Logistics 12600000.00 4881800000.00 1595000000.00 -244900000.00 3531700000.00 Iron & Steel 181370400000.00 Others 638700000.00 Waterways Logistics 11350700000.00 193359800000.00 9356300000.00 202716100000.00 Iron & Steel 44445500000.00 Others 365700000.00 Waterways Logistics 8982700000.00 53793900000.00 69268900000.00 123062800000.00 Re-measurement losses on defined benefit plans 15900000.00 15900000.00 4000000.00 Exchange differences in translating the foreign operation 63300000.00 Debt Instruments through Other Comprehensive Income 2700000.00 66000000.00 600000.00