5022192025-04-012025-06-305022192025-04-012025-06-30in-capmkt:OtherExpenses1Member5022192025-04-012025-06-30in-capmkt:OtherExpenses2Member5022192025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15022192025-04-012025-06-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares502219BORORENEWNOTLISTEDINE666D01022Borosil Renewables LimitedMain BoardEquity2025-04-012026-03-312025-09-032025-08-29INRLakhsQuarterlyFirst quarterSingle segmentManufacturer of flat glass2025-09-0311:15:002025-09-0313:50:00Not applicable2025-04-012025-06-30UnauditedConsolidated346577000062843000352861300085888500001060540003633960004204800029497100015074420003172796000355817000-2223095000-1867278000194460000-253800001690800000-20363580000001490000-2034868000155013000-1879855000-1665682000-369186000-1511106000-3687490001330510001-12.56-12.5600-12.56-12.561 The above Consolidated results of the Company for the quarter ended 30th June, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 03rd September, 2025. The Statutory Auditors of the Company have carried out a Limited Review of the above consolidated results. The standalone results for the aforesaid quarter were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 23rd July, 2025, and already submitted to the Stock Exchanges. <BR> 2 As approved by the Board of Directors, the Company had on 14th February, 2025, allotted 18,86,793 Equity Shares of face value of Re. 1/- each at an issue price of Rs. 530/- per Equity Share aggregating to Rs. 10,000 Lakhs, to the persons forming part of Promoter/Promoter group and 78,80,436 Warrants to Non-Promoter investors at an issue price of Rs. 530/- per Warrant aggregating to Rs. 41,766.31 Lakhs, on a preferential basis. As per the terms of the issue, the Company received full amount of Rs. 10,000 Lakhs towards the Equity Shares to Promoters and an amount of Rs. 10,441.58 Lakhs, i.e. 25% of the issue price of the Warrants. During the quarter ended 30th June, 2025, the Company has further received Rs. 2,321.02 Lakhs from the warrant holders, upon exercise of right attached to their warrants by paying balance 75% and accordingly, 5,83,905 fully paid-up equity shares of Re. 1/- each have been allotted. Pursuant to above allotment, the paid-up share capital and securities premium increased by Rs. 5.84 Lakhs and Rs. 3,088.86 Lakhs, respectively. <BR> Out of the above proceeds, Rs. 18,500.00 Lakhs have been utilised towards satisfaction of the liability of the Company arising from Standby Letter of Credit (SBLC) extended on behalf of the Company as a security to the lenders of GMB Glasmanufaktur Brandenburg GmbH (‘GMB’), a step-down subsidiary of the Company and the balance amount has been temporarily invested in Mutual Funds, pending utilisation. <BR> 3 Based on the approval and recommendation of the Board of Directors, the Shareholders of the Company at their meeting held on 14th August, 2025, have approved the issuance of up to 70,28,456 fully paid up equity shares of face value of Re. 1/- each at an issue price of Rs. 535/- per equity share, aggregating to Rs. 37,602.24 Lakhs, to Non-Promoter Group. Necessary approvals of the Stock Exchanges is awaited for proceeding of this issuance. <BR> 4 During the quarter, the Company has done an independent assessment of the current situation of Glasmanufaktur Brandenburg GmbH (‘GMB’), a step-down subsidiary of the Company in Germany and concluded that there is a complete absence of any demand recovery; nor any sign of such recovery in the foreseeable future. Meanwhile GMB required funding to the extent of about Euro 900 thousand every month just to keep going. Based on the above assessment and above funding requirement, the managing Director of GMB filed an application on 4th July, 2025 (“Insolvency Application”) before the jurisdictional insolvency court at Cottbus, Germany (“Insolvency Court”) for the commencement of insolvency resolution process, as required under the applicable provisions of German Insolvency Code (Insolvenzordnung – InsO) (“German Insolvency Code”). <BR> Exceptional items in the above results amounting to Rs. 22,230.95 Lakhs represent the impairment of GMB’s assets and recognition of additional liability consequent to insolvency proceedings as detailed above, estimated by the Management and also reviewed by the auditors of GMB. <BR> 5 As already informed to the Stock Exchanges vide our letters dated 18th July, 2025 and 23rd July, 2025, due to the ongoing insolvency resolution process of GMB managed by its administrator appointed by the Court, there was some delay in preparation of financial results for the quarter ended 30th June 2025 by GMB, and accordingly, the consolidated financial results of the Company for the said quarter could not be approved and submitted earlier along with the standalone financial results. <BR> 6 The figures for the corresponding previous periods/year have been rearranged/regrouped, wherever necessary, to make them comparable. The figures for the quarter ended 31st March,2025 represent the balancing figures between the audited figures of the full financial year and the unaudited published figures of nine months ended 31st December, 2024. <BR> 7 The Group is engaged only in the business of manufacturing of Flat Glass which is a single segment in terms of Indian Accounting Standard ’Operating Segments (Ind AS-108)'. <BR> 8 Revenue from Operations consists of:- <BR> <BR> Particulars Quarter Ended Year Ended <BR> 30.06.2025 31.03.2025 30.06.2024 31.03.2025 <BR> (a) Within India 29,763.59 30,937.83 22,088.07 1,02,282.17 <BR> (b) Outside India 4,894.11 6,416.00 15,033.28 45,650.72 <BR> Total 34,657.70 37,353.83 37,121.35 1,47,932.89 <BR> Power and Fuel790237000Other Expenses717205000Re-measurement gains/(losses) on defined benefit plans26460002646000214000Foreign currency Translation Reserve1525810001525810000155013000