5233692025-07-012025-09-305233692025-09-305233692025-03-315233692025-04-012025-09-305233692025-07-012025-09-30in-capmkt:OtherExpenses1Member5233692025-04-012025-09-30in-capmkt:OtherExpenses1Member5233692025-07-012025-09-30in-capmkt:ReportableSegments1Member5233692025-07-012025-09-30in-capmkt:ReportableSegments2Member5233692025-07-012025-09-30in-capmkt:ReportableSegments3Member5233692025-04-012025-09-30in-capmkt:ReportableSegments1Member5233692025-04-012025-09-30in-capmkt:ReportableSegments2Member5233692025-04-012025-09-30in-capmkt:ReportableSegments3Member5233692025-07-012025-09-30in-capmkt:ReportableSegments1Member5233692025-07-012025-09-30in-capmkt:ReportableSegments2Member5233692025-07-012025-09-30in-capmkt:ReportableSegments3Member5233692025-04-012025-09-30in-capmkt:ReportableSegments1Member5233692025-04-012025-09-30in-capmkt:ReportableSegments2Member5233692025-04-012025-09-30in-capmkt:ReportableSegments3Member5233692025-07-012025-09-30in-capmkt:ReportableSegments1Member5233692025-09-30in-capmkt:ReportableSegments1Member5233692025-07-012025-09-30in-capmkt:ReportableSegments2Member5233692025-09-30in-capmkt:ReportableSegments2Member5233692025-07-012025-09-30in-capmkt:ReportableSegments3Member5233692025-09-30in-capmkt:ReportableSegments3Member5233692025-07-012025-09-30in-capmkt:ReportableSegments1Member5233692025-09-30in-capmkt:ReportableSegments1Member5233692025-07-012025-09-30in-capmkt:ReportableSegments2Member5233692025-09-30in-capmkt:ReportableSegments2Member5233692025-07-012025-09-30in-capmkt:ReportableSegments3Member5233692025-09-30in-capmkt:ReportableSegments3Member5233692025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15233692025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares523369DCMSRINDNOTLISTEDINE843D01027DCM SHRIRAM INDUSTRIES LIMITEDMain BoardEquity2025-04-012026-03-312025-11-052025-10-30INRLakhsQuarterlySecond quarterMulti segment2025-11-0515:45:002025-11-0517:00:00trueCash Flow IndirectNot applicable2025-07-012025-09-30UnauditedConsolidated5268500000521000005320600000115930000002689000000461800000800000001027000008627000005355500000-349000000-34900000-1700000-500000-22000000-327000000001500000-31200000-1300000-32500000-312000000-3250000001740000002-0.36-0.3600-0.36-0.361. The Company has w.e.f. April 1 2025 discontinued the accounting practice to defer off-season expenditure in interim reporting for inclusion in cost of sugar to be produced in the remainder of the year to align with Industry practice. Amount deferred during the six months ended September 30 2024 was Rs. 3200 lakhs. Such deferment and its discontinuation have no impact on the results for the full financial year. <BR> 2. This Statement has been prepared in accordance with the Companies Indian Accounting Standards Rules 2015 Ind AS prescribed under Section 133 of the Companies Act 2013 as amended and other recognized accounting practices and policies to the extent applicable. <BR> 3. There has been ambiguity with regard to chargeability of UP VAT or GST on certain supplies made to a party and therefore no tax is charged on invoices raised for such supplies. The Honorable Allahabad High Court has held that no VAT is chargeable on such transactions. This matter is subjudice before the Honorable Supreme Court. GST demand is raised on these transactions from July 2017 which is contested and is adequately provided as provision for contingencies with corresponding reimbursement asset based on back to back undertaking by the party to indemnify for any liability that may finally arise. <BR> GST council in its meeting dated October 7 2023 has ceded the right to tax such supplies to state governments. However the State Government has not notified any rules in this regard as yet. Pending necessary amendments notifications the Company has continued the same accounting treatment in respect of the transactions as in previous quarters. <BR> 4. During the quarter ended September 30 2025 a Subsidiary has filed an application for surrender of its leasehold land to the relevant authority. Accordingly the leasehold land has been reclassified as Asset held for sale and an estimated impairment loss of Rs 533 lakhs has been recognized in respect of the aforesaid land in other expenses in the unaudited consolidated financial results. <BR> 5. The Company in respect of the investment in one of the subsidiaries referred to in Note 4 which is part of the ongoing Scheme outlined in Note 6 has evaluated the potential impact of the surrender of leasehold land. As the investment shall be cancelled upon approval of the Scheme an estimated impairment loss amounting to Rs 663 lakhs on the said investment has not been recognized in these unaudited standalone financial results for the quarter ended September 30 2025. <BR> 6. The Board of Directors in the meeting held on November 14 2023 approved a Composite Scheme of Arrangement the Scheme between DCM Shriram Industries Limited and DCM Shriram Fine Chemicals Limited and DCM Shriram International Limited wholly owned subsidiaries of DCM Shriram Industries Limited and Lily Commercial Private Limited for amalgamation of Lily Commercial Private Limited with DCM Shriram Industries Limited and subsequent demerger of Chemical and Rayon businesses of DCM Shriram Industries Limited into DCM Shriram Fine Chemicals Limited and DCM Shriram International Limited respectively with effect from the appointed date of April 01 2023 subject to regulatory and statutory approvals as applicable. The Scheme has been approved by BSE and NSE under listing regulations and filed for approval with Honorable NCLT New Delhi as required under section 230 232 of the Companies Act 2013 which in its hearing held on September 30 2025 reserved its order. Pending necessary approvals the effect of the Scheme has not been given in these unaudited standalone consolidated financial results. <BR> 7. Pursuant to the judgment dated October 23 2024 of the Honorable Supreme Court in an another matter the Office of the Assistant Excise Commissioner Meerut has in July 2025 raised a demand of Rs. 881 lakhs for the period from the financial year 2018 2019 to July 11 2025 towards Export Pass Fees levied on Denatured Spirits. The UP Sugar Manufacturers Association UPSMA on behalf of its members has filed a writ petition challenging the demand based on legal opinion that the State Government cannot levy or recover any duty for the past period under existing legislation. The Honorable Allahabad High Court by an order dated July 30 2025 has ordered to keep the State Government order in abeyance till the matter is decided. In view of the above the Company has not made any provision in the financial results in this regard. <BR> 8. The above financial results have been reviewed by the Audit Committee and then approved by the Board of Directors in its meeting held on 05 November 2025. The above financial results are available on the Companys website and also on www.bseindia.com & www.nseindia.com. <BR> <BR> Limited Review <BR> The Statutory Auditors have carried out a Limited Review of the aforesaid results. The Limited Review Report does not have any impact on the said results and notes in aggregate except in respect of matters explained in note 1 and note 5. <BR> <BR> 2025-04-012025-09-30UnauditedConsolidated10254400000866000001034100000036279000000338090000096140000018580000020510000017526000001011370000022730000002273000009170000023000009400000001333000000004200000137500000-25000001350000001375000000135000000017400000021.581.58001.581.58Other Expenses862700000Other Expenses1752600000611240000037150000000710000073000000159100000314000000270000004770000010610000009857000007749200000429590000045630000019059000003330000002928000001300000398240000069717000000298900000115665000001874000000195031000001740000008950500000912450000091245000004641000000007578000001221900000141200000813300000020100000219650000024615000001084000001434400000154280000030200000043063000001725000003604700000986000008182100000001037860000019503100000Sugar*3278300000Industrial Fibres and related products1021300000Chemicals968900000Sugar*6135800000Industrial Fibres and related products2163500000Chemicals195510000052685000001025440000000526850000010254400000Sugar*110800000Industrial Fibres and related products33500000Chemicals40400000Sugar*398500000Industrial Fibres and related products139900000Chemicals11760000018470000065600000080000000185800000139600000242900000-34900000227300000Sugar*10028100000Industrial Fibres and related products4808800000Chemicals215520000016992100000251100000019503100000Sugar*4634200000Industrial Fibres and related products1227000000Chemicals4812000006342400000403620000010378600000*Comprising Sugar, Power and Alcohol.185800000358370000049290000001200000000-1520000000-1421900000020440000002051000005330000000-95900000000261000000-810000000-160000000303160000032589000000005230000003206600000008890000025650000000004500000373900000000000000000000000287000000-26900000-5352000000000000015310000024473000002680000017020000018410000000-2675300000-39000000-3900000336900000333000000Amount of items that will not be reclassified to profit and loss-1900000-1900000Amount of items that will not be reclassified to profit and loss-3800000-3800000-600000-130000000-1300000-2500000