5429052025-04-012025-06-305429052025-04-012025-06-30in-capmkt:OtherExpenses1Member5429052025-04-012025-06-30in-capmkt:OtherExpenses2Member5429052025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares542905HINDWAREAPNOTLISTEDINE05AN01011HINDWARE HOME INNOVATION LIMITEDMain BoardEquity2025-04-012026-03-312025-08-122025-08-05INRCroresQuarterlyFirst quarterSingle segmentConsumer Appliances Business2025-08-1213:45:002025-08-1217:00:00Not applicablefalsefalseThere is no default on loans and debt securities2025-04-012025-06-30UnauditedStandalone712200000107700000819900000030850000084800000124200000163000003910000020330000077620000043700000-494900000-4512000000-162800000-1628000000-288400000220000080000014000000-2870000001100000-2859000001673000002-3.45-3.450.020.02-3.43-3.431. The above financial results of the Company for the quarter ended 30th June 2025 have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on 12th August 2025. <BR> 2. During the quarter ended 30th June 2025 <BR> i. In a strategic move to concentrate on kitchen appliances business including chimneys, hobs and cooktops, the Company has downscaled certain high loss making product categories viz. traded goods of its Consumer Appliances Business viz. air coolers, other than through the ecommerce channel, ceiling and other fans, air purifiers, water purifiers, and furniture fittings. <BR> ii Following the above, the company has also downscaled its warehouse capacity to optimize its operational costs and terminated long term lease of a large warehouse taken for products storage. Upon termination of aforesaid long term lease, the company has recognised Other Income amounting to <BR> Rs. 6.00 crore, previous corresponding period Rs. 2.11 crore as per Ind AS 116. <BR> 3. The Board in its meeting held on 12th August, 2025 has approved discontinuation of aforesaid product categories, as stated in note no. 2 above with a view to focus and concentrate on core business activities related with kitchen appliances and air coolers, through the e commerce channel and has also approved sale or liquidation of various assets relating to aforesaid discontinued product categories. Basis above, the Company is in the process of assessing the item wise realisability of carrying value of assets, including property, plant and equipment, current and other assets of aforesaid discontinued trading goods and based on preliminary assessment, the company in its financial statements for the quarter ended 30th June 2025 has made a provision amounting to Rs. 49.49 crore. The same is being shown as Exceptional Items in the financial results for the quarter ended 30th June 2025. The additional impact, if any post sale or liquidation of assets will be provided as and when finally settled, however in opinion of the management same would not be material. The revenues relating to discontinued trading goods during the quarter ended 30th June 2025 is Rs. 0.37 crore, quarter ended 30th June 2024 Rs. 30.17 crore. Accordingly, the figures for the quarter ended 30th June 2025 are not comparable with the figures of previous quarters. By focusing on the kitchen appliance business, management aims to speed up the turnaround. <BR> 4. The Board of Directors of the Company, in its meeting held on 27th March 2025 had approved a Composite Scheme of Arrangement, the Scheme under section 230 to 232, read with section 66 and other applicable provisions of the Companies Act 2013 and the provisions of other applicable laws, amongst the Company, the Demerged Company or Remaining Transferor Company, Hindware Limited Transferee Company and HHIL Limited, Resulting Company and their respective shareholders and creditors. The Scheme provides for the demerger of the Consumer Products Business of the Demerged Company and the amalgamation of the Remaining Transferor Company, as defined in the Scheme with and into Transferee Company. The Appointed Date for the Scheme is 1st April 2025, or such other date as may be mutually agreed by the respective Board of the Companies or any such date approved by the Honble National Company Law Tribunal, NCLT or any other competent authority. The Scheme is subject to the approval of the BSE Limited, the National Stock Exchange of India Limited, SEBI, shareholders and creditors of the Company and such other necessary approvals as may be required, and the sanction thereof of the Scheme by NCLT. The Company has applied to the BSE Limited and the National Stock Exchange for requisite approval of the Scheme and the approvals are awaited. <BR> 5. Figures for the quarter ended 31st March 2025 represent balancing figures between audited figures for the full financial year and published year to date figures up to 31st December 2024. <BR> 6. The Statutory auditors of the Company have carried out a limited review of the above unaudited results. <BR> 7. The previous quarter, period, year figures have been rearranged or regrouped, wherever considered necessary. <BR> Power and Fuel300000Other Expenses203000000Item that will not be reclassified to profit or loss160000016000005000001100000