5442582025-07-012025-09-305442582025-09-305442582025-03-315442582025-04-012025-09-305442582025-07-012025-09-30in-capmkt:OtherExpenses1Member5442582025-07-012025-09-30in-capmkt:OtherExpenses2Member5442582025-04-012025-09-30in-capmkt:OtherExpenses1Member5442582025-04-012025-09-30in-capmkt:OtherExpenses2Member5442582025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15442582025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares544258WCILNOTLISTEDINE0CJF01024WESTERN CARRIERS (INDIA) LIMITEDMain BoardEquity2025-04-012026-03-312025-11-142025-11-10INRMillionsQuarterlySecond quarterSingle segmentLOGISTICS AND ALLIED SERVICES2025-11-1414:15:002025-11-1415:50:00trueCash Flow IndirectNot applicable2025-07-012025-09-30UnauditedConsolidated4396150000436300004439780000000155340000452800006497000040526000004318190000121590000012159000031780000360000321400000894500000001000089460000341000092870000000050978000050.880.88000.880.881.The statement of consolidated unaudited financial results for the quarter and half year ended September 30, 2025 ("Financial Results") have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 14, 2025. <BR> 2.The group consists of the parent and its three associates namely, F. M Carriers Private Limited, Success Suppliers Private Limited, S M P Properties Private Limited. <BR> 3.The Financial Results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. <BR> 4.The Group is primarily engaged in business of logistics and allied services to various customers in India and is a major logistics service provider. The Board of directors which has been identified as the Chief Operating Decision Maker ('CODM') reviews the performance of the Company as a single operating segment in accordance with Ind AS-108 "Operating Segments", notified pursuant to the Companies (Indian Accounting Standard) Rules 2015. Accordingly, no separate segment information has been furnished herewith. <BR> 5.The parent company completed its Initial Public Offer (IPO) of 28,655,813 equity shares of face value of Rs. 5 each at an issue price of Rs. 172 per share (including a share premium of Rs. 167 per share) out of which 23,255,813 equity shares were issued and subscribed. The issue comprised of a fresh issue of 23,255,813 equity shares aggregating to Rs. 4,000.00 million and offer for sale of 5,400,000 equity shares by selling shareholders aggregating to Rs. 928.80 millions. Pursuant to the IPO, the equity shares of the parent company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on September 24,2024. <BR> The total offer expenses were estimated to be Rs 456.52 millions (inclusive of taxes). Out of the total expenses Rs 85.90 millions (inclusive of taxes) is to be borne by selling shareholders <BR> Particulars Amount (Rs In millions) <BR> Amount received from fresh Issue 4,000.00 <BR> Less: Offer expenses in relation to the Fresh Issue (inclusive of taxes)370.62 <BR> Total 3,629.38 <BR> The utilisation of IPO proceeds of Rs 3629.38 Millions (net of IPO expenses of Rs 370.62 Millions) is summarised below: <BR> Particulars Amount to be utilised as per prospectus Utilised up to <BR> September 30, 2025 Unutilised up to <BR> September 30, 2025 <BR> Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company 1,635.00 1,635.00 - <BR> Funding of capital expenditure requirements of our Company towards purchase of (i) commercial vehicles (ii) 40 feet specialised containers and 20 feet normal shipping containers and (iii) reach stackers 1,517.10 415.26 1,101.84 <BR> General corporate purposes 477.28 321.22 156.06 <BR> Total 3,629.38 2,371.48 1,257.90 <BR> Net proceeds of Rs 1,257.90 millions which were unutilised as at September 30, 2025, were temporarily invested fixed deposit account with scheduled commercial banks <BR> 6.The unaudited consolidated financial results for the quarter and half year ended September 30, 2025 are available on the parent company website www.western-carriers.com.2025-04-012025-09-30UnauditedConsolidated85543300008532000086396500000003020800009060000012241000078560700008371160000268490000026849000072650000-145000071200000019729000000020000197310000-4900000192410000000050978000051.941.94001.941.94Operational expenses3876460000Other expenses176140000Operational expenses7526790000Other expenses329280000138457000021296000003100000008200000032290000000783400007834000044180000306710000236987000000648240000034060000166183000026108000086580000852595000063475000091607000001153057000050978000079634200008473200000847320000010714000000071190000178330000832400000002615700001732110000190400007675800007866200002175200002736250000571400002410000002795800000305737000011530570000906000000-2781600000-1850200000000-963000003633000001224100000150000861000030030000-850000000761300000000000-269310000-8200000001766100000-17743000000000000020246000000000000000006220000000076130000027739000014484000000000000259270000140110000103700000906000000018190000-144000000-144000004846000034060000Remeasurement of the employees defined benefit plans45700004570000Remeasurement of the employees defined benefit plans-6540000-65400001160000-1640000003410000-4900000