TRANSWORLD2025-01-012025-03-31TRANSWORLD2025-03-31TRANSWORLD2024-03-31TRANSWORLD2024-04-012025-03-31TRANSWORLD2025-01-012025-03-31in-capmkt:OtherExpenses1MemberTRANSWORLD2025-01-012025-03-31in-capmkt:OtherExpenses2MemberTRANSWORLD2025-01-012025-03-31in-capmkt:OtherExpenses3MemberTRANSWORLD2025-01-012025-03-31in-capmkt:OtherExpenses4MemberTRANSWORLD2024-04-012025-03-31in-capmkt:OtherExpenses1MemberTRANSWORLD2024-04-012025-03-31in-capmkt:OtherExpenses2MemberTRANSWORLD2024-04-012025-03-31in-capmkt:OtherExpenses3MemberTRANSWORLD2024-04-012025-03-31in-capmkt:OtherExpenses4MemberTRANSWORLD2025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1TRANSWORLD2024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1TRANSWORLD2025-01-012025-03-31ItemsThatWillBeReclassifiedToProfitAndLoss1TRANSWORLD2024-04-012025-03-31ItemsThatWillBeReclassifiedToProfitAndLoss1TRANSWORLD2025-01-012025-03-31AuditorDomain1TRANSWORLD2025-01-012025-03-31in-capmkt:AuditedMemberTRANSWORLD2025-03-31in-capmkt:AuditedMemberTRANSWORLD2025-01-012025-03-31in-capmkt:AdjustedMemberTRANSWORLD2025-03-31in-capmkt:AdjustedMemberTRANSWORLD2025-01-012025-03-31AuditQualification1iso4217:INRiso4217:INRxbrli:shares520151TRANSWORLDNOTLISTEDINE757B01015TRANSWORLD SHIPPING LINES LIMITEDMain BoardEquity2024-04-012025-03-312025-05-272025-05-15INRLakhsQuarterlyFourth quarterSingle segmentSea Logistics2025-05-2715:00:002025-05-2718:15:00trueCash Flow IndirectStatement on impact of audit qualification2025-01-012025-03-31AuditedConsolidated110620000018300000112450000000032690000073400000217800000421900000104000000084500000-134100000-49600000-3000000400000-26000000-47000000000100000-4690000029300000-17600000000021960000010-2.13-2.1300-2.13-2.13As per the results attached 2024-04-012025-03-31AuditedConsolidated4462700000769000004539600000000129130000031260000083590000016102000004050000000489600000-13410000035550000021000000-4400000166000000338900000000100000339000000-1000000338000000000021960000010778370000015.4415.440015.4415.44Fuel, lube oil and fresh water91100000Stores and spares121200000Other operation cost162600000Other expenses47000000Fuel, lube oil and fresh water285000000Stores and spares503400000Other operation cost669900000Other expenses1519000009017100000004300000200000049260000049280000011460000015780000097866000009680000015910000083400000198400000459000000010161000001916000000018410000021969000001198350000021960000077837000008003300000800330000025312000005580000025870000001690000052000002609100000762800000040650000040650000012900000012983000006450000083000001371100000398020000011983500000As per the results attached 3120000006500000-4500000002261000000429000000-94900000050000008359000003000000520000088000000663000000575000000-1540000000-4000000600000013288000001684300000000-28000000168710000000000000-332000000000000000000000000000-83400000-415400000000000002500000001074800000190000060000006000000-318100000-115140000012030000020000012050000077900000198400000A. Items that will not be reclassified to profit and loss-900000-900000A. Items that will not be reclassified to profit and loss-900000-90000000B. Items that will be reclassified to profit and loss3020000030200000B. Items that will be reclassified to profit and loss-100000-1000000029300000-1000000AuditedQualified opinionPKF Sridhar & Santhanam LLPtrue2025-10-31453970000045397000004066600000406660000033900200064790200015.4429.511983500000119835000003980200000398020000080033000008003300000Attention is invited to note 6 to the Statement which explains the Groups basis for recording the reimbursement claim on cost of repairs and loss adjustment expenditure resulting from a fire inside at its vessel MV SSL Brahmaputra in earlier reporting periods. Pending receipt of approvals on acceptance of claim we believe that the insurance claim income should have been recognised only upon acknowledgement of liability by the insurers Our opinion on the consolidated financial results for the quarter and year ended 31 March 2024 and our conclusion in the review report for the quarters and year to date ended 30 June 2024 30 September 2024 and 31 December 2024 were accordingly qualified <br></br> During the quarter and year ended 31 March 2025 consequent to receipt of final survey report and as a matter of prudence pending discussion submission of additional documentation and final general loss adjustment by average adjuster the Group has reversed insurance claim recoverable of Rs 1341 lakhs not yet approved Had the income against the insurance claim been recognised during the year ended 31 March 2025 upon receipt of final survey report instead of year ended 31 March 2024 the net profit after tax and total comprehensive income for the year ended 31 March 2025 would have increased by INR 3089 lakhs earnings per share for the year would have been INR 29.50 Our opinion is modified in this regard <br></br> As there would not be any change to the shareholders funds and other current financial assets balance reported as on 31 March 2025 our opinion is not modified in this regard <br></br> Qualified opinionRepetitiveAttention is invited to note 6 to the Statement which explains the Groups basis for recording the reimbursement claim on cost of repairs and loss adjustment expenditure resulting from a fire inside at its vessel MV SSL Brahmaputra in earlier reporting periods. Pending receipt of approvals on acceptance of claim we believe that the insurance claim income should have been recognised only upon acknowledgement of liability by the insurers Our opinion on the consolidated financial results for the quarter and year ended 31 March 2024 and our conclusion in the review report for the quarters and year to date ended 30 June 2024 30 September 2024 and 31 December 2024 were accordingly qualified <br></br> During the quarter and year ended 31 March 2025 consequent to receipt of final survey report and as a matter of prudence pending discussion submission of additional documentation and final general loss adjustment by average adjuster the Group has reversed insurance claim recoverable of Rs 1341 lakhs not yet approved Had the income against the insurance claim been recognised during the year ended 31 March 2025 upon receipt of final survey report instead of year ended 31 March 2024 the net profit after tax and total comprehensive income for the year ended 31 March 2025 would have increased by INR 3089 lakhs earnings per share for the year would have been INR 29.50 Our opinion is modified in this regard <br></br> As there would not be any change to the shareholders funds and other current financial assets balance reported as on 31 March 2025 our opinion is not modified in this regard <br></br> <br></br> <br></br> <br></br> <br></br> <br></br> <br></br> For Audit Qualification where the impact is quantified by the auditor Management Views One of its vessels MV SSL Brahmaputra met with fire onboard on January 1 2024 and the Group had charged the cost of repairs and estimated loss adjustment expenditure incurred upto March 31 2024 of Rs 3430 lakhs including towing charges to statement of profit and loss as an exceptional item On the basis of managements assessment duly supported by an Initial Survey Report of an independent expert the Group had recognised the corresponding insurance claim of Rs 3089 lakhs It was subject matter of auditors qualification for results for the quarter and year ended March 31 2024 <br></br> During the quarter and year ended 31 March 2025 consequent to receipt of final survey report and as a matter of prudence pending discussion submission of additional documentation and final general loss adjustment by average adjuster the Group has reversed insurance claim recoverable of Rs 1341 lakhs not yet approved The claim amount will be finalsied after final report of average adjuster is received and submitted to insurance company for final settlement of claim The auditors have modified their review report since the claim receivable was accounted is previous periods instead of current quarter <br></br> However there is no change in Networth and Total Assets as on 31 March 2025 <br></br> NANANACapt. Milind PatankarMr. Rajesh DesaiMr. R S KrishnanMr. Dhiraj Kumar BirlaNavi Mumbai2025-05-27