RESPONIND2023-07-012023-09-30 RESPONIND2023-07-012023-09-30 RESPONIND2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member RESPONIND2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member RESPONIND2023-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 505509 RESPONIND NOTLISTED Responsive Industries Limited Equity 2023-04-01 2024-03-31 2023-11-01 2023-10-21 INR Lakhs Half yearly 14:40:00 16:30:00 2023-11-01 2023-11-01 true Cash Flow Indirect Not applicable Single segment ARTICLE MADE OUT OF PVC/POLYMERS 2023-07-01 2023-09-30 Unaudited Standalone 1355636000.00 46285000.00 1401921000.00 710342000.00 0.00 195559000.00 37874000.00 94519000.00 87753000.00 182815000.00 1308862000.00 93059000.00 0.00 93059000.00 23397000.00 236000.00 23633000.00 0.00 69426000.00 0.00 0.00 0.00 0.00 69426000.00 0.00 69426000.00 0.00 0.00 266913000.00 1 0.26 0.26 0.00 0.00 0.26 0.26 0.00 0.00 0.00 1. The Standalone Unaudited Financial Results and Consolidated Unaudited Financial Results of the Company for the second 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 November 01, 2023. 2. This Statement has been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (IND AS) and as prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. 3. The Consolidated results represent that of Responsive Industries Limited and its step-down Subsidiaries Companies, Responsive Industries Limited (Hong Kong), Responsive Industries LLC (USA) and Axiom Cordages Limited along with the Step-down subsidiaries, Axiom Cordages Limited (Hong Kong). 4. Based on the guiding principles given in Ind-AS – 108 Operating Segment prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles accepted in India, the Company’s and its subsidiary company’s primary business consist of; “Articles made out of PVC / Polymers”. As the Company’s and its subsidiary company’s business actually falls within a single primary business segment, the disclosure requirements of Ind AS – 108 in this regard are not applicable. 5. The Board of Directors of the Company at its meeting held on November 26, 2021 approved the scheme of amalgamation of Axiom Cordages Limited (Transferor Company/ACL) with Responsive Industries Limited (Transferee Company/RIL), subject to necessary regulatory approvals, with effect from April 01, 2021, being the appointed date. The Company has received order dated October 06, 2023 from the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench-I approving scheme of amalgamation of ACL with RIL. Accordingly, the Company has filed Form INC-28 with the Registrar of Companies, Mumbai on October 07, 2023 and ACL has amalgamated with RIL from that date. Pursuant to amalgamation of ACL with RIL: a) the shares held by the Transferor Company in the Transferee Company and share held by Transferee Company in Transferor Company stand cancelled; b) all the assets and liabilities of Transferor Company are transferred to the Transferee Company; c) the shareholders of Transferor Company will get 100 (One Hundred) equity shares of the Transferee Company having face value of Re.1 each, against every 81 (Eighty One) equity shares having face value of Rs.10 each held by the shareholder of Transferor Company as per the Share Exchange Ratio” enshrined in the Scheme in proportion of their holdings. The Company has allotted 41,14,174 equity shares of Re.1/- each (fully paid-up) to the equity shareholders of ACL as on the 'Record Date' fixed for the said purpose. 6.Comparative financial information have been regrouped and reclassified, wherever necessary, to correspond to the figures of the current quarter. Single segment 2023-04-01 2023-09-30 Unaudited Standalone 3023422000.00 76834000.00 3100256000.00 1515264000.00 0.00 669207000.00 71003000.00 156831000.00 173657000.00 343809000.00 2929771000.00 170485000.00 0.00 170485000.00 42950000.00 -1050000.00 41900000.00 0.00 128585000.00 0.00 0.00 0.00 0.00 128585000.00 0.00 128585000.00 0.00 0.00 266913000.00 1 0.48 0.48 0.00 0.00 0.48 0.48 0.00 0.00 0.00 Other Expenses 182815000.00 Other Expenses 343809000.00 2838725000.00 0.00 4823334000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10218000.00 10218000.00 0.00 0.00 7672277000.00 864043000.00 73719000.00 2030694000.00 32554000.00 95622000.00 319000.00 21256000.00 2254164000.00 0.00 95435000.00 3213642000.00 0.00 0.00 10885919000.00 266913000.00 6689490000.00 6956403000.00 6956403000.00 1454610000.00 0.00 4278000.00 1458888000.00 58673000.00 150847000.00 0.00 0.00 1668408000.00 1808991000.00 244700000.00 129863000.00 2183554000.00 75209000.00 2345000.00 0.00 0.00 2261108000.00 0.00 0.00 3929516000.00 10885919000.00 0.00 702348000.00 -535675000.00 0.00 11286000.00 5359000.00 -91000.00 -11605000.00 0.00 -53330000.00 0.00 27713000.00 0.00 173657000.00 0.00 0.00 3000000.00 14580000.00 0.00 -39647000.00 0.00 0.00 0.00 -2042000.00 0.00 0.00 -32000.00 0.00 0.00 295521000.00 466006000.00 0.00 -156831000.00 -3498000.00 24114000.00 0.00 595225000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 218087000.00 40211000.00 -12404000.00 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 3498000.00 0.00 2051000.00 0.00 -159923000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 226574000.00 0.00 0.00 26691000.00 156831000.00 0.00 0.00 -410096000.00 25206000.00 0.00 25206000.00 7348000.00 32554000.00