5029372025-01-012025-03-315029372025-03-315029372024-03-315029372024-04-012025-03-315029372025-01-012025-03-31in-capmkt:OtherExpenses1Member5029372025-01-012025-03-31in-capmkt:OtherExpenses2Member5029372025-01-012025-03-31in-capmkt:OtherExpenses3Member5029372024-04-012025-03-31in-capmkt:OtherExpenses1Member5029372024-04-012025-03-31in-capmkt:OtherExpenses2Member5029372024-04-012025-03-31in-capmkt:OtherExpenses3Member5029372025-01-012025-03-31in-capmkt:ReportableSegments1Member5029372025-01-012025-03-31in-capmkt:ReportableSegments2Member5029372024-04-012025-03-31in-capmkt:ReportableSegments1Member5029372024-04-012025-03-31in-capmkt:ReportableSegments2Member5029372025-01-012025-03-31in-capmkt:ReportableSegments1Member5029372025-01-012025-03-31in-capmkt:ReportableSegments2Member5029372024-04-012025-03-31in-capmkt:ReportableSegments1Member5029372024-04-012025-03-31in-capmkt:ReportableSegments2Member5029372025-01-012025-03-31in-capmkt:ReportableSegments1Member5029372025-03-31in-capmkt:ReportableSegments1Member5029372025-01-012025-03-31in-capmkt:ReportableSegments2Member5029372025-03-31in-capmkt:ReportableSegments2Member5029372025-01-012025-03-31in-capmkt:ReportableSegments1Member5029372025-03-31in-capmkt:ReportableSegments1Member5029372025-01-012025-03-31in-capmkt:ReportableSegments2Member5029372025-03-31in-capmkt:ReportableSegments2Member5029372025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15029372025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25029372024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15029372024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25029372025-01-012025-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares502937KESORAMINDNOTLISTEDINE087A01019KESORAM INDUSTRIES LIMITEDMain BoardEquity2024-04-012025-03-312025-04-252025-04-17INRCroresQuarterlyFourth quarterMulti segment2025-04-2514:00:002025-04-2516:30:00trueCash Flow IndirectDeclaration of unmodified opinion2025-01-012025-03-31UnauditedConsolidated672800000170700000843500000293700000088600000153600000647000001400000003932000001133800000-2903000000-2903000000-67200000-672000000-22310000057879300000057879300000057656200000-952000005756100000000310660000010-0.72-0.72186.31186.31185.59185.591. The Company has carried out an impairment analysis in respect of its Investment in its wholly owned subsidiary, Cygnet Industries Limited during the current year and previous year. Accordingly, a provision of 190 Crore and 15.22 Crore was recognised and presented as an Exceptional item in the Standalone Statement of Profit and Loss for the period ended March 31, 2025 and March 31, 2024 respectively. <BR> 2. During the previous year, the Board of Directors (the Board) of the Company at its meeting held on, November 30, 2023 had approved a Scheme of Arrangement (the Scheme) under Sections 230-232 of the Companies Act, 2013 between Kesoram Industries Limited (Company) and UltraTech Cement Limited (the Resulting Company) with the Appointed Date being April 01, 2024. The Scheme involves demerger of the cement business (demerged undertaking) from the Company. The Hon'ble National Company Law Tribunal, Kolkata Bench and Mumbai Bench (collectively referred as Honble Tribunal) has sanctioned the Scheme on November 14, 2024 and November 26, 2024 respectively. After completion of all Conditions Precedent as mentioned in Clause 21 of the Scheme, March 01, 2025 was decided as the effective date by the Company and the Resulting Company. Pursuant to the Scheme coming into effect, with effect from the Appointed date being April 01, 2024, the Cement business is demerged from the Company and transferred to and vested in the Resulting Company. <BR> <BR> Accordingly, the Company has recognised the effect of demerger as per the Accounting treatment mentioned in para 10.1 of the approved scheme and transferred all assets and liabilities pertaining to the Demerged Undertaking as on the Effective Date at the values appearing in its books of account immediately before the Effective Date and correspondingly reduce from its books of account. The Company has debited the fair value of the aforesaid assets and liabilities to the general reserve/ retained earnings representing distribution of non-current assets to its shareholders. The difference in book value and fair value, as mentioned above, is recognised in the statement of profit and loss. The operations of the Cement business have been re-presented for all previous periods as discontinued operations. <BR> a) Analysis of assets and liabilities pertaining to demerged undertaking / discontinued operations: <BR> Particulars As at <BR> 28-Feb-25 As at <BR> 31-Mar-24 <BR> Group of assets for discontinued operations 2,330.37 2,493.21 <BR> Liabilities associated with group of assets for discontinued operations 3,138.56 2,965.64 <BR> Major classes of assets and liabilities for discontinued operations <BR> Property, plant and equipment 979.86 1,037.65 <BR> Right of use assets 64.63 61.61 <BR> Capital work-in-progress and other intangible assets 43.24 28.76 <BR> Other financial assets 441.79 672.36 <BR> Inventories 290.02 238.33 <BR> Other assets 510.83 454.50 <BR> Total assets 2,330.37 2,493.21 <BR> Financial liabilities 2,982.34 2,806.71 <BR> Employee liabilities and provisions 45.47 40.70 <BR> Other liabilities 110.75 118.23 <BR> Total liabilities 3,138.56 2,965.64 <BR> Net liabilities (808.19) (472.43) <BR> <BR> b) Analysis of loss from demerged undertaking / discontinued operations: <BR> Particulars For the Period <BR> ended <BR> 28-Feb-25 For the Period <BR> ended <BR> 31-Mar-24 <BR> Income <BR> Revenue and other income 2,931.59 3,761.58 <BR> Expense 3,193.51 3,960.29 <BR> Loss before tax (261.92) (198.71) <BR> Tax expense and OCI (41.20) 103.29 <BR> Loss after tax (220.72) (302.00) <BR> <BR> c) Gain on demerger / (loss) from discontinued operations <BR> Particulars For the Period <BR> ended <BR> 28-Feb-25 <BR> Fair value of net assets transferred 5,203.62 <BR> Adjustments for: <BR> Net liabilities (808.19) <BR> Loss after tax of demerged undertaking / discontinued operations 220.72 <BR> Net working capital movement for the period 01-04-2024 to 28-02-2025 115.46 <BR> Total Adjustments (472.01) <BR> Gain on demerger 5,675.63 <BR> <BR> 3. Share of profit or loss, from the joint venture (Gondkhari Coal Mining Limited) is Nil for all the periods presented in consolidated financial results. <BR> 4. The audited financial results for the quarter and year ended March 31, 2025 (the financial results) comprise the standalone results of Kesoram Industries Limited (the Company) and the consolidated results of the Company including its subsidiary (collectively referred to as the Group) and joint venture. These financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act 2013 (the Act) read with the Companies (Indian Accounting Standards) Rules, 2015 (as amended). <BR> 5. The audited standalone and consolidated financial results for the quarter and year ended March 31, 2025 have been reviewed by the Audit Committee and recommended for adoption to the Board of Directors. The Board has considered and approved the same at its meeting held on April 25, 2025.The standalone and consolidated financial results have been subjected to audit by the statutory auditors of the Company as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations).The statutory auditors have expressed an unmodified opinion on these audited standalone and consolidated financial results. <BR> 6. The standalone and consolidated financial results for the quarter ended March 31, 2025 and March 31, 2024 are the balancing figures between audited figures in respect of the full financial year and the published unaudited year to date figures upto the end of the third quarter of the respective relevant financial year, which were subject to limited review. <BR> 2024-04-012025-03-31AuditedConsolidated25876000002058000002793400000114090000005450000071570000027840000032120000011932000003703900000-9105000000-910500000-11000001953000001942000000-110470000057656300000057656300000056551600000-4820000056503400000003106600000101407800000-3.56-3.56182.7182.7179.14179.14Power and fuel104400000Packing and carriage11000000Other expenses277800000Power and fuel474700000Packing and carriage37900000Other expenses680600000599340000054100000009830000000563700000000000285000006738000000364200000150200000323600000130300000119000000133200000749200000558000002181000001387300000008125300000310660000014088000004515400000045154000001520700000000015207000003570000000110000015575000004615000008000003431000003439000001155000000196040000043500000485000000020524000000036099000008125300000Rayon, trasparent paper and chemicals672800000Others0Rayon, trasparent paper and chemicals2857600000Others067280000028576000006728000002857600000Rayon, trasparent paper and chemicals-94000000Others-196300000Rayon, trasparent paper and chemicals-525400000Others-385100000-290300000-9105000000000-290300000-910500000Rayon, trasparent paper and chemicals5308500000Others2816800000812530000008125300000Rayon, trasparent paper and chemicals2653600000Others95630000036099000000360990000027840000011850000000790000000-9010000000718000000003212000000016350000000-100000000000-78400000-8760000001351300000440800000-2000000-126200000-590000000373400000001571000001500000000000844000006040000000000000000000000200000371000000068400000000000006555000008857000000000-258200000-488400000-466000000-46600000170000000123400000Remeasurement of post-employment benefit plans-45800000Fair value changes of investments in equity shares-82800000-128600000Remeasurement of post-employment benefit plans-45800000Fair value changes of investments in equity shares-82800000-128600000-33400000-80400000-95200000-48200000AuditedtrueWalker Chandiok & Co. LLPtrue2025-05-31