5043412025-01-012025-03-315043412025-03-315043412024-03-315043412024-04-012025-03-315043412025-01-012025-03-31in-capmkt:OtherExpenses1Member5043412024-04-012025-03-31in-capmkt:OtherExpenses1Member5043412025-01-012025-03-31in-capmkt:ReportableSegments1Member5043412025-01-012025-03-31in-capmkt:ReportableSegments2Member5043412024-04-012025-03-31in-capmkt:ReportableSegments1Member5043412024-04-012025-03-31in-capmkt:ReportableSegments2Member5043412025-01-012025-03-31in-capmkt:ReportableSegments1Member5043412025-01-012025-03-31in-capmkt:ReportableSegments2Member5043412024-04-012025-03-31in-capmkt:ReportableSegments1Member5043412024-04-012025-03-31in-capmkt:ReportableSegments2Member5043412025-01-012025-03-31in-capmkt:ReportableSegments1Member5043412025-03-31in-capmkt:ReportableSegments1Member5043412025-01-012025-03-31in-capmkt:ReportableSegments2Member5043412025-03-31in-capmkt:ReportableSegments2Member5043412025-01-012025-03-31in-capmkt:ReportableSegments1Member5043412025-03-31in-capmkt:ReportableSegments1Member5043412025-01-012025-03-31in-capmkt:ReportableSegments2Member5043412025-03-31in-capmkt:ReportableSegments2Member5043412025-01-012025-03-31AuditorDomain1iso4217:INRxbrli:pureiso4217:INRxbrli:shares504341RELTDNOTLISTEDINE206N01018Ravindra Energy LimitedMain BoardEquity2024-04-012025-03-312025-05-272025-05-19INRMillionsQuarterlyFourth quarterMulti segment2025-05-2717:40:002025-05-2720:30:00trueCash Flow IndirectDeclaration of unmodified opinion2025-01-012025-03-31AuditedConsolidated158989000059870000164976000010107300005081000002812000017730000329800002264000001366770000282990000-145330000137660000-6750000791000011600000136500000000-7540000128960000-32000012864000000001788040000100.740.74000.740.74000Notes <BR> <BR> 1 The above audited financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 27 2025 <BR> <BR> 2 The financial results of the company for the quarter and year ended March 31 2025 have been audited by the statutory auditors of the company <BR> <BR> 3 The Company has prepared these standalone and consolidated financial results in accordance with Companies Indian Accounting Standard Rules 2015 as amended as prescribed under Section 133 of the Companies Act 2013 the Act read with the relevant rules issued thereunder as amended and the other accounting principles generally accepted in India <BR> <BR> 4 The format for Standalone and Consolidated results as prescribed in SEBI circular CIR CFD CMD 15 2015 dated November 30 2015 has been modified to comply with the requirements of SEBI s circular dated July 05 2016 Ind As and Schedule III of the Companies Act 2013 applicable to the companies that are required to comply with Ind AS <BR> <BR> 5 Exceptional item includes amount of Rs 145 33 Mn of loan and investment written off on account of voluntary liquidation of the foreign subsidiary Renuka Energy Resource Holdings FZE The Company has received closure certificate dated 21st April 2025 from Government of Sharjah SAIF ZONE confirming the liquidation <BR> <BR> 6 The Company in its Nomination and Remuneration Committee of Directors meeting held on 10th January 2025 has approved the grant of 10 67 301 Ten Lakh Sixty Seven Thousand Three Hundred One employee stock options to the eligible employees under the Ravindra Energy Employees Stock Option Scheme 2022 REL ESOP Scheme 2022 or Plan to eligible employees with grant date as 15th of January 2025 Further the REL ESOP Scheme 2022 was approved by the Board of Directors on 15th January 2025 Under the scheme each option upon exercise would be entitled for allotment of one equity share of face value INR 10 each of the Company 25 percentage of the stocks will be vested after 1 year and balance 75 percentage will be vested after 2 years All the vested options shall be exercised by the eligible employees within 10 years from the date of respective vesting With respect to the scheme the Company has accounted the required entries with compliance with Ind AS 102 Share based payment <BR> <BR> 7 During the year the company has earned a Net profit of Rs 91.54 Mn by sale of equity shares of its subsidiary companies The same has been shown under exceptional item <BR> <BR> 8 During the year the company has impaired its investments in LLPs to the tune of Rs.10.84 Mn and the same is shown under exceptional item <BR> <BR> 9 During the year and previous year the company has received its Share of Profits from its Subsidiary LLPs This income is recognised as and when the right to receive is established <BR> <BR> 10 During the Previous year the company has sold the shares held in its Associate company REL Marinetek Infra Private Limited and also recovered the Inter Corporate Deposit This has resulted in reversal of the Impairment loss which was booked in the previous year of Rs.9.69 Mn <BR> <BR> 11. Details of Secured Redeemable Non Convertible Debentures NIL. <BR> <BR> 12. During the previous year ended March 31 2024 the company has further received Rs.224.91 Mn towards warrant subscription amount. The Company has converted the Warrants amount into 1 68 00 000 equity shares at a premium of Rs.688.80 Mn. <BR> <BR> 13. During the period the company has raised funds through preferential issue of 2 43 24 313 number of equity shares issued at a premium of Rs.64 per share. The total amount received during the period from preferential issue is Rs.1799.99 million. <BR> <BR> 14. During the previous year Bad Debts of Rs.645.10 Mn is written off in the books of its foreign subsidiary company Renuka Energy Resource Holdings FZE. The same has been shown under exceptional item. <BR> <BR> 15. For the Consolidated results and Segment reporting the figures for the quarter ended March 31 2025 and year ended March 31 2025 are post disinvestment of foreign subsidiary company whereas quarter ended December 31 2024 and March 31 2024 and year ended March 31 2024 is prior to disinvestment. <BR> <BR> Further For the Consolidated results and Segment reporting the figures for the quarter ended March 31 2025 and December 31 2024 and year ended March 31 2025 are post disinvestment of other subsidiary companies whereas quarter ended March 31 2024 and year ended March 31 2024 is prior to disinvestment of other subsidiary companies. <BR> <BR> <BR> 16 The figures for the quarter ended March 31 2025 are the balancing figures between the audited figures in respect of the full year ended March 31 2025 and published figures of unaudited figures for the nine months ended December 31 2024. <BR> <BR> 17 Previous period figures have been regrouped wherever necessary to confirm the current period presentation <BR> 2024-04-012025-03-31AuditedConsolidated250422000011787000026220900001291870000249210000086430000996900001146900004523800002294270000327820000-53790000274030000517000035930000411000000232930000000-14820000218110000-320000217790000000017880400001016019700001.321.32001.321.32000Other Expenses226400000Other Expenses452380000317566000012900900000017600000004823300000078630000560960000048640000507711000043750000016976000084097000001690000418000001054220000704700002659400001434380000006511490000178804000016019700003390010000152270000354228000017182800000003416900002059970000815000031178000002293000024028300001802700003094000024429000027523000013300004568300001045500002180000282000005663800000029692100006511490000Notes <BR> <BR> 1 The above audited financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 27 2025 <BR> <BR> 2 The financial results of the company for the quarter and year ended March 31 2025 have been audited by the statutory auditors of the company <BR> <BR> 3 The Company has prepared these standalone and consolidated financial results in accordance with Companies Indian Accounting Standard Rules 2015 as amended as prescribed under Section 133 of the Companies Act 2013 the Act read with the relevant rules issued thereunder as amended and the other accounting principles generally accepted in India <BR> <BR> 4 The format for Standalone and Consolidated results as prescribed in SEBI circular CIR CFD CMD 15 2015 dated November 30 2015 has been modified to comply with the requirements of SEBI s circular dated July 05 2016 Ind As and Schedule III of the Companies Act 2013 applicable to the companies that are required to comply with Ind AS <BR> <BR> 5 Exceptional item includes amount of Rs 145 33 Mn of loan and investment written off on account of voluntary liquidation of the foreign subsidiary Renuka Energy Resource Holdings FZE The Company has received closure certificate dated 21st April 2025 from Government of Sharjah SAIF ZONE confirming the liquidation <BR> <BR> 6 The Company in its Nomination and Remuneration Committee of Directors meeting held on 10th January 2025 has approved the grant of 10 67 301 Ten Lakh Sixty Seven Thousand Three Hundred One employee stock options to the eligible employees under the Ravindra Energy Employees Stock Option Scheme 2022 REL ESOP Scheme 2022 or Plan to eligible employees with grant date as 15th of January 2025 Further the REL ESOP Scheme 2022 was approved by the Board of Directors on 15th January 2025 Under the scheme each option upon exercise would be entitled for allotment of one equity share of face value INR 10 each of the Company 25 percentage of the stocks will be vested after 1 year and balance 75 percentage will be vested after 2 years All the vested options shall be exercised by the eligible employees within 10 years from the date of respective vesting With respect to the scheme the Company has accounted the required entries with compliance with Ind AS 102 Share based payment <BR> <BR> 7 During the year the company has earned a Net profit of Rs 91.54 Mn by sale of equity shares of its subsidiary companies The same has been shown under exceptional item <BR> <BR> 8 During the year the company has impaired its investments in LLPs to the tune of Rs.10.84 Mn and the same is shown under exceptional item <BR> <BR> 9 During the year and previous year the company has received its Share of Profits from its Subsidiary LLPs This income is recognised as and when the right to receive is established <BR> <BR> 10 During the Previous year the company has sold the shares held in its Associate company REL Marinetek Infra Private Limited and also recovered the Inter Corporate Deposit This has resulted in reversal of the Impairment loss which was booked in the previous year of Rs.9.69 Mn <BR> <BR> 11. Details of Secured Redeemable Non Convertible Debentures NIL. <BR> <BR> 12. During the previous year ended March 31 2024 the company has further received Rs.224.91 Mn towards warrant subscription amount. The Company has converted the Warrants amount into 1 68 00 000 equity shares at a premium of Rs.688.80 Mn. <BR> <BR> 13. During the period the company has raised funds through preferential issue of 2 43 24 313 number of equity shares issued at a premium of Rs.64 per share. The total amount received during the period from preferential issue is Rs.1799.99 million. <BR> <BR> 14. During the previous year Bad Debts of Rs.645.10 Mn is written off in the books of its foreign subsidiary company Renuka Energy Resource Holdings FZE. The same has been shown under exceptional item. <BR> <BR> 15. For the Consolidated results and Segment reporting the figures for the quarter ended March 31 2025 and year ended March 31 2025 are post disinvestment of foreign subsidiary company whereas quarter ended December 31 2024 and March 31 2024 and year ended March 31 2024 is prior to disinvestment. <BR> <BR> Further For the Consolidated results and Segment reporting the figures for the quarter ended March 31 2025 and December 31 2024 and year ended March 31 2025 are post disinvestment of other subsidiary companies whereas quarter ended March 31 2024 and year ended March 31 2024 is prior to disinvestment of other subsidiary companies. <BR> <BR> <BR> 16 The figures for the quarter ended March 31 2025 are the balancing figures between the audited figures in respect of the full year ended March 31 2025 and published figures of unaudited figures for the nine months ended December 31 2024. <BR> <BR> 17 Previous period figures have been regrouped wherever necessary to confirm the current period presentation <BR> Solar1538200000Trading51690000Solar2246330000Trading257890000158989000025042200000015898900002504220000Solar280360000Trading-280000Solar503770000Trading-69000002800800004968700001773000099690000-2062000069360000282970000327820000Solar6342430000Trading169070000651150000006511500000Solar2945120000Trading24090000296921000002969210000Notes <BR> <BR> 1 The above audited financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 27 2025 <BR> <BR> 2 The financial results of the company for the quarter and year ended March 31 2025 have been audited by the statutory auditors of the company <BR> <BR> 3 The Company has prepared these standalone and consolidated financial results in accordance with Companies Indian Accounting Standard Rules 2015 as amended as prescribed under Section 133 of the Companies Act 2013 the Act read with the relevant rules issued thereunder as amended and the other accounting principles generally accepted in India <BR> <BR> 4 The format for Standalone and Consolidated results as prescribed in SEBI circular CIR CFD CMD 15 2015 dated November 30 2015 has been modified to comply with the requirements of SEBI s circular dated July 05 2016 Ind As and Schedule III of the Companies Act 2013 applicable to the companies that are required to comply with Ind AS <BR> <BR> 5 Exceptional item includes amount of Rs 145 33 Mn of loan and investment written off on account of voluntary liquidation of the foreign subsidiary Renuka Energy Resource Holdings FZE The Company has received closure certificate dated 21st April 2025 from Government of Sharjah SAIF ZONE confirming the liquidation <BR> <BR> 6 The Company in its Nomination and Remuneration Committee of Directors meeting held on 10th January 2025 has approved the grant of 10 67 301 Ten Lakh Sixty Seven Thousand Three Hundred One employee stock options to the eligible employees under the Ravindra Energy Employees Stock Option Scheme 2022 REL ESOP Scheme 2022 or Plan to eligible employees with grant date as 15th of January 2025 Further the REL ESOP Scheme 2022 was approved by the Board of Directors on 15th January 2025 Under the scheme each option upon exercise would be entitled for allotment of one equity share of face value INR 10 each of the Company 25 percentage of the stocks will be vested after 1 year and balance 75 percentage will be vested after 2 years All the vested options shall be exercised by the eligible employees within 10 years from the date of respective vesting With respect to the scheme the Company has accounted the required entries with compliance with Ind AS 102 Share based payment <BR> <BR> 7 During the year the company has earned a Net profit of Rs 91.54 Mn by sale of equity shares of its subsidiary companies The same has been shown under exceptional item <BR> <BR> 8 During the year the company has impaired its investments in LLPs to the tune of Rs.10.84 Mn and the same is shown under exceptional item <BR> <BR> 9 During the year and previous year the company has received its Share of Profits from its Subsidiary LLPs This income is recognised as and when the right to receive is established <BR> <BR> 10 During the Previous year the company has sold the shares held in its Associate company REL Marinetek Infra Private Limited and also recovered the Inter Corporate Deposit This has resulted in reversal of the Impairment loss which was booked in the previous year of Rs.9.69 Mn <BR> <BR> 11. Details of Secured Redeemable Non Convertible Debentures NIL. <BR> <BR> 12. During the previous year ended March 31 2024 the company has further received Rs.224.91 Mn towards warrant subscription amount. The Company has converted the Warrants amount into 1 68 00 000 equity shares at a premium of Rs.688.80 Mn. <BR> <BR> 13. During the period the company has raised funds through preferential issue of 2 43 24 313 number of equity shares issued at a premium of Rs.64 per share. The total amount received during the period from preferential issue is Rs.1799.99 million. <BR> <BR> 14. During the previous year Bad Debts of Rs.645.10 Mn is written off in the books of its foreign subsidiary company Renuka Energy Resource Holdings FZE. The same has been shown under exceptional item. <BR> <BR> 15. For the Consolidated results and Segment reporting the figures for the quarter ended March 31 2025 and year ended March 31 2025 are post disinvestment of foreign subsidiary company whereas quarter ended December 31 2024 and March 31 2024 and year ended March 31 2024 is prior to disinvestment. <BR> <BR> Further For the Consolidated results and Segment reporting the figures for the quarter ended March 31 2025 and December 31 2024 and year ended March 31 2025 are post disinvestment of other subsidiary companies whereas quarter ended March 31 2024 and year ended March 31 2024 is prior to disinvestment of other subsidiary companies. <BR> <BR> <BR> 16 The figures for the quarter ended March 31 2025 are the balancing figures between the audited figures in respect of the full year ended March 31 2025 and published figures of unaudited figures for the nine months ended December 31 2024. <BR> <BR> 17 Previous period figures have been regrouped wherever necessary to confirm the current period presentation <BR> 99690000-145500004617500000-269150000000011976000000011469000014533000000000034420000-9154000000-9970000460000-20340000-1745000048426000075829000000038790000071950000091540000054393000048013000000000176883000000027000000000000000000344200000-19950000-1599290000001800000000002300000000418630000000996900000020959400001216150000-62270000059345000024752000084097000032000032000000-320000-320000AuditedtrueM/s P Ishwara Bhat & Cotrue2028-03-31