MONARCH2023-07-012023-09-30 MONARCH2023-07-012023-09-30 MONARCH2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member MONARCH2023-07-012023-09-30in-bse-fin:OneOperatingExpenses02Member MONARCH2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member MONARCH2023-07-012023-09-30in-bse-fin:FourOperatingExpenses02Member MONARCH2023-09-30 MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue03Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue04Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue05Member MONARCH2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member MONARCH2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member MONARCH2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue03Member MONARCH2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue04Member MONARCH2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue05Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults03Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults04Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults05Member MONARCH2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member MONARCH2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member MONARCH2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults03Member MONARCH2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults04Member MONARCH2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults05Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets03Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets04Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets05Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member MONARCH2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member MONARCH2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member MONARCH2023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member MONARCH2023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member MONARCH2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities05Member MONARCH2023-09-30in-bse-fin:OneReportableSegmentLiabilities05Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 511551 MONARCH NA Monarch Networth Capital Limited Equity 2023-04-01 2024-03-31 2023-10-27 2023-10-20 INR Lakhs Half yearly 13:30:00 15:05:00 2023-10-27 2023-10-27 true Cash Flow Indirect Not applicable Multi segment 2023-07-01 2023-09-30 Unaudited Standalone 710773000.00 45636000.00 756409000.00 0.00 0.00 0.00 112402000.00 33388000.00 3768000.00 133099000.00 282657000.00 473752000.00 -414000.00 473338000.00 125854000.00 512000.00 126366000.00 0.00 346972000.00 0.00 0.00 0.00 0.00 346972000.00 0.00 346972000.00 0.00 0.00 338695000.00 10 10.24 10.24 0.00 0.00 10.24 10.24 1 These unaudited standalone financial results have been prepared in accordance with the Indian Accounting Standard (referred to as Ind AS ) 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, as amended from time to time. These unaudited standalone financial results of Monarch Networth Capital Limited ( the Company ) for the quarter and half year ended September 30, 2023 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on October 27, 2023. The statutory auditors have carried out an audit of the standalone financial results and have issued a Limited Review Report thereon. 2 During the quarter ended 30th September 2023, the company has divested its investments made in Monarch Networth Money Changer Private Limited (subsidiary) and Networth Financial Services Limited (associate company). The transactions were done at fair valuations and at arm's length; the effect of the transaction has been considered in the financial results. 3 As per Ind AS 108 'Operating Segments', segment reporting has also been disclosed on a standalone basis, as attached. 4 The Figures have been regrouped & rearranged wherever necessary to conform to the figures of the current period. The figures for the quarter ended September 30, 2023 and September 30, 2022 are balancing figures between unaudited figures in respect of the half year ended September 30, 2023 and September 30, 2022 and the unaudited figures of quarter ended June 30, 2023 and June 30, 2022 respectively. 5 The Monarch Networth Capital Limited Employee Stock Option Scheme 2021, had already been approved by the Board of Directors and the Shareholders of the Company vide their meetings held on 18th June 2021 and 19th July 2021 respectively. Thereafter, the Company had also received approvals from Stock Exchanges for the said ESOP Scheme. Accordingly, 500,000 ESOPs equivalent to an equal number of equity shares were offered and granted to eligible employees under the said scheme. The expenditure amounting to INR 125.44 Lacs has been charged to the profit and loss account during the current quarter (previous year was Rs. 309.48 Lacs and for the half year ended 30th September 2023 was Rs 249.5 lacs) under the head Employee Benefit Expenses for the ESOPs as per Ind AS 102 Share-based Payment 6 The previous period/ year figures have been regrouped/ reclassified wherever necessary to conform to the current period's/ year's presentation. 7 The provisions towards Income Tax and Deferred Tax (as per Ind AS-12), Employee Benefits (as per Ind AS 19), Corporate Social Responsibility and other provisions are disclosed on an estimated basis by the Board, subject to final provisions to be made at the end of the financial year. 8 These financial results will be made available on the Company's website viz. www.mnclgroup.com and on the website of BSE Ltd. & NSE Ltd viz. www.bseindia.com & www.nseindia.com respectively. Multi segment 2023-04-01 2023-09-30 Unaudited Standalone 1101807000.00 55854000.00 1157661000.00 0.00 0.00 0.00 206039000.00 53725000.00 7174000.00 234294000.00 501232000.00 656429000.00 -502000.00 655927000.00 159061000.00 333000.00 159394000.00 0.00 496533000.00 0.00 0.00 0.00 0.00 496533000.00 0.00 496533000.00 0.00 0.00 338695000.00 10 14.66 14.66 0.00 0.00 14.66 14.66 Fees and commission expenses 64146000.00 Other Expenses 68953000.00 Fees and commission expenses 108526000.00 Other Expenses 125768000.00 125201000.00 0.00 331689000.00 0.00 219000.00 0.00 0.00 0.00 0.00 0.00 0.00 428810000.00 428810000.00 10614000.00 23529000.00 920062000.00 167776000.00 0.00 692432000.00 5864917000.00 7061791000.00 1562567000.00 329000.00 15182036000.00 0.00 68781000.00 15418593000.00 0.00 0.00 16338655000.00 338695000.00 2251334000.00 2590029000.00 2590029000.00 33171000.00 0.00 0.00 33171000.00 24756000.00 0.00 0.00 0.00 57927000.00 1185881000.00 11874105000.00 519178000.00 13579164000.00 43384000.00 21189000.00 46962000.00 0.00 13690699000.00 0.00 0.00 13748626000.00 16338655000.00 Asset Management Services 64119000.00 Fees and commission income 408577000.00 Interest Income 172061000.00 Merchant Banking & Other Services 66016000.00 Others (Un-allocated) 45636000.00 Asset Management Services 70920000.00 Fees and commission income 618890000.00 Interest Income 282246000.00 Merchant Banking & Other Services 129751000.00 Others (Un-allocated) 55854000.00 756409000.00 1157661000.00 756409000.00 1157661000.00 Asset Management Services 0.00 Fees and commission income 507140000.00 Interest Income 0.00 Merchant Banking & Other Services 0.00 Others (Un-allocated) 0.00 Asset Management Services 0.00 Fees and commission income 710154000.00 Interest Income 0.00 Merchant Banking & Other Services 0.00 Others (Un-allocated) 0.00 507140000.00 710154000.00 33388000.00 53725000.00 414000.00 502000.00 473338000.00 655927000.00 Asset Management Services 0.00 Fees and commission income 2590029000.00 Interest Income 0.00 Merchant Banking & Other Services 0.00 Others (Un-allocated) 0.00 2590029000.00 Asset Management Services 0.00 Fees and commission income 0.00 Interest Income 0.00 Merchant Banking & Other Services 0.00 Others (Un-allocated) 0.00 0.00 53725000.00 -34112000.00 -269231000.00 -3604645000.00 0.00 0.00 -28838000.00 -865954000.00 0.00 8626454000.00 0.00 0.00 0.00 7174000.00 0.00 2245000.00 0.00 -36501000.00 35580000.00 0.00 1270000.00 1926000.00 0.00 0.00 0.00 -50142000.00 0.00 24950000.00 0.00 3857509000.00 4513436000.00 0.00 0.00 0.00 118344000.00 0.00 4395092000.00 0.00 0.00 117633000.00 0.00 0.00 0.00 0.00 0.00 0.00 52633000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1270000.00 1926000.00 0.00 0.00 0.00 68196000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1209922000.00 0.00 0.00 0.00 0.00 53725000.00 0.00 0.00 1156197000.00 5619485000.00 0.00 5619485000.00 245432000.00 5864917000.00