XPROINDIA2023-04-012023-06-30 XPROINDIA2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member XPROINDIA2023-06-30 XPROINDIA2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member XPROINDIA2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 590013 XPROINDIA NOTLISTED Xpro India Limited Equity 2023-04-01 2024-03-31 2023-08-11 2023-08-03 INR Lakhs First quarter 12:15:00 15:10:00 2023-08-11 2023-08-11 Not applicable Single segment Polymer Processing 2023-04-01 2023-06-30 Unaudited Standalone 1308918000.00 10891000.00 1319809000.00 898037000.00 0.00 10971000.00 80888000.00 17616000.00 29480000.00 126174000.00 1163166000.00 156643000.00 0.00 156643000.00 24577000.00 19112000.00 43689000.00 0.00 112954000.00 0.00 0.00 0.00 0.00 112954000.00 855000.00 113809000.00 0.00 0.00 182122000.00 10 6.20 5.94 0.00 0.00 6.20 5.94 1. The above standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 11, 2023. The statutory auditors of the Company have conducted a limited review of these financial results. 2. Figures for the quarter ended March 31, 2023 are the resultant balancing figures between standalone audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the full financial year ended March 31, 2023 in accordance with applicable Ind AS. 3. These standalone financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards 34, Interim Financial reporting ('Ind AS 34') prescribed under section 133 of the Companies Act, 2013 (‘the Act’), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) including relevant circulars issued by SEBI from time to time. 4. The Company operates predominantly within a single reportable business segment Polymer Processing and mainly in a single geographic segment i.e. India (as per Ind AS 108 - Segment reporting ). There are no separate reportable business or other geographic segments. 5. Revenues were higher than the immediately preceding quarter, yet restrained compared to corresponding quarter last year due to unexceptional market conditions and seasonal swings seen in consumer durables. As a leading OE supplier to consumer durables manufacturers the Company to that extent is exposed to volatility in their end-consumer demand. However, we believe such swings to be transient in the overall growing economy. 6. On July 9, 2023 (i.e. after the end of the quarter), in accordance with earlier approval of shareholders and following exercise of the option on payment of the balance 75% (INR 9372.60 lacs) on warrants, the Company issued and allotted to Malabar India Fund Limited (a) 16,40,000 equity shares of INR 10 each fully paid-up at a premium of INR 752 per equity share; and (b) 8,20,000 equity shares of INR 10 each as fully paid-up bonus shares in the ratio of one equity share for every two of the said equity shares. After this allotment, the issued Equity Share Capital comprises of 2,06,72,244 shares of INR 10 each. 7. Previous period’s figures have been regrouped/reclassified wherever necessary to correspond with the current period’s classification/disclosure. Other Expenses 126174000.00 Remeasurement of defined benefit plans -6000.00 -6000.00 -2000.00 Change in fair value of tax free bonds 1148000.00 1148000.00 289000.00