JAYNECOIND2023-04-012023-06-30 JAYNECOIND2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member JAYNECOIND2023-06-30 JAYNECOIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member JAYNECOIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member JAYNECOIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue03Member JAYNECOIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member JAYNECOIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member JAYNECOIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults03Member JAYNECOIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member JAYNECOIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member JAYNECOIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets03Member JAYNECOIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member JAYNECOIND2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member JAYNECOIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member JAYNECOIND2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member JAYNECOIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member JAYNECOIND2023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member JAYNECOIND2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 522285 JAYNECOIND NA Jayaswal Neco Industries Limited Equity 2023-04-01 2024-03-31 2023-08-14 2023-08-02 INR Lakhs First quarter 12:00:00 16:30:00 2023-08-14 2023-08-14 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Standalone 14645700000.00 41300000.00 14687000000.00 6661800000.00 337500000.00 -395000000.00 785700000.00 1054300000.00 657300000.00 5174400000.00 14276000000.00 411000000.00 -6100000.00 404900000.00 0.00 129000000.00 129000000.00 0.00 275900000.00 0.00 0.00 0.00 0.00 275900000.00 -6100000.00 269800000.00 0.00 0.00 9709900000.00 10 0.28 0.28 0.00 0.00 0.28 0.28 Notes : 1 . The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 14th August 2023. The Statutory Auditors have carried out a Limited Review of the above results. 2 . In the earlier years, the Directorate of Enforcement by way of two attachments had provisionally attached the Plant and Machinery under installation at Dagori Integrated Steel Plant situated at Bilha, Bilaspur (Chhattisgarh) and certain property, plant and equipment at Steel Plant Division, Siltara, Raipur to the extent of Rs. 30758 Lakhs for alleged misuse of coal raised from Gare Palma IV/4 coal block in Chhattisgarh. The Adjudicating Authority had confirmed the above provisional attachments. Subsequently, the Appellate Authority stayed both the attachments on an appeal filed by the Company where the matter has been put up for hearing on 23rd August 2023. The Company has a good case on merits, is likely to succeed in refuting the allegations and does not expect any material liability on the Company on this account. 3. The Company had entered into a Contract for setting up 70 TPD Oxygen Plant on lease basis and for its operations and maintenance with M/S Goyal MG Gases Pvt Ltd (Lessor) in the year 2002-03. Subsequently in the year 2015-16 dispute arose between both the parties on couple of issues and the matter was referred to the Sole Arbitrator. On 04th August 2017 and corrected vide its order dated 15th September 2017, the Sole Arbitrator passed an Arbitral Award against the Company. The Arbitral Award was challenged by the Company before the Hon’ble Delhi High Court. The Hon’ble High Court dismissed the appeals filed by the Company vide its judgement dated 21st December 2017 and dated 05th April 2018. Then the Company filed Special Leave Petition (SLP) in the Hon’ble Supreme Court. Subsequently on 06th September 2022 the Company’s SLP was also dismissed by the Hon’ble Supreme Court. Vide its order dated 28th November 2022, the Hon’ble Delhi High Court directed the Company to honor the arbitral award and pay the award amount along with any Interest thereon. The matter was referred to Samadhan (Delhi High Court Mediation & Conciliation Centre), wherein after extensive mediation the matter was amicably settled. Accordingly, the Settlement Agreement between both the parties was executed on 29th May 2023. Basis the terms of the executed settlement agreement, during the quarter, the Company has purchased the 70 TPD Oxygen Plant from the Lessor for Rs.850 Lakhs plus applicable taxes. Exceptional items in the above results represents payments related to Lease rentals and interest paid in pursuance to the orders of the Hon’ble Delhi High Court and Samadhan (Delhi High Court Mediation & Conciliation Centre). 4 . As per the terms of the Restructuring Support Agreement (RSA) dated 23rd August 2021, the Company has to refinance its outstanding amount of Principal Term Loans and Interest Accrued but not due on Borrowings of ACRE Trusts on or before 15th December 2023. The Company is confident that it will refinance the same on or before 15th December 2023. 5 . The figures for the corresponding previous period/year have been rearranged/regrouped wherever necessary, to make them comparable. 6. The figures for the quarter ended 31st March 2023 represent the difference between the audited figures in respect of full financial year and the unaudited published figures of nine months ended 31st December 2022. Other Expenses 5174400000.00 Iron & Steel Castings 1442200000.00 Others 0.00 Steel 13350000000.00 14792200000.00 146500000.00 14645700000.00 Iron & Steel Castings 6700000.00 Others 0.00 Steel 1475700000.00 1482400000.00 1054300000.00 23200000.00 Notes to Segment Information for the Quarter Ended 30th June, 2023 : 1. As per Indian Accounting Standard 108 'Operating Segments', the chief operating decision maker of the Company has identified following reportable segments of its business: a. Steel Segment is engaged in manufacture and sale of Pig Iron, Billets, Rolled Products including Alloy Steel and Sponge Iron and includes its captive power plants at its units located at Siltara, Raipur and Mining activities in the state of Chhattisgarh and Maharashtra. b. Iron and Steel Castings Segment is engaged in manufacture and sale of Engineering and Automotive Castings with production facilities at Nagpur in Maharashtra and Anjora in Chhattisgarh. c. Other Segment comprises of trading of PVC pipes. d. Unallocated comprises of income, expenses, assets and liabilities which can not be directly identified to any of the above segments. 2. The Company has operations in India. There is no identified Geographical Segment. NAGPUR 14th August, 2023 404900000.00 Iron & Steel Castings 2904400000.00 Others 2400000.00 Steel 53750700000.00 56657500000.00 3870800000.00 60528300000.00 Iron & Steel Castings 672200000.00 Others 0.00 Steel 5308600000.00 5980800000.00 33699600000.00 39680400000.00 Remeasurement (Loss)/ Gain on defined Benefit plans -8200000.00 -8200000.00 -2100000.00 0.00