5022192026-04-012026-06-305022192026-06-305022192026-04-012026-06-30in-capmkt:OtherExpenses1Member5022192026-04-012026-06-30in-capmkt:OtherExpenses2Member5022192026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15022192026-06-30Statement15022192026-04-012026-06-30Statement15022192026-06-30Statement25022192026-04-012026-06-30Statement25022192026-06-30StatementDynamic1I1Statement15022192026-06-30StatementDynamic1I2Statement15022192026-06-30StatementDynamic2I1Statement25022192026-06-30StatementDynamic2I2Statement2iso4217:INRxbrli:pureiso4217:INRxbrli:shares502219BORORENEWNOTLISTEDINE666D01022Borosil Renewables LimitedMain BoardEquity2026-04-012027-03-312026-07-162026-07-10INRLakhsQuarterlyFirst quarterSingle segmentManufacturer of flat glass2026-07-1614:15:002026-07-1615:30:00Not applicabletrue2falseThere is no default by the Company during the quarter and hence its not applicable.2026-04-012026-06-30UnauditedStandalone4056907000139889000419679600091068300018401000-913150002497980002324200021328900016892250003013323000118347300001183473000304168000225000030641800008770550000000877055000-192900087512600014028300016.256.25006.256.251 The above results of the Company for the quarter ended 30th June, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 16th July, 2026. The Statutory Auditors of the Company have carried out a Limited Review of the above results. <br /> <br /> 2 In Earlier years, Company had allotted 18,86,793 Equity Shares to Promoter / Members of Promoter group and 78,80,436 Warrants to Non-Promoter Investors, at an issue price of Rs. 530/- per Equity Share / Warrant, on a preferential basis with aggregate issue size of Rs. 51,766.31 Lakhs. As per the terms of the issue, at the time of allotment, the Company had received full consideration towards equity shares and 25% of the amount toward warrants. During the quarter ended 30th June, 2026, the Company has received Rs. 374.99 Lakhs from the warrant holders, upon exercise of right attached to their warrants by paying balance 75% and accordingly 94,338 fully paid-up equity shares, of Re. 1/- each have been allotted. Pursuant to above allotment, the paid-up Equity Share Capital has increased by Rs. 0.94 Lakhs and Securities Premium by Rs. 499.05 Lakhs. The Company has overall raised the funds of Rs. 23,889.22 Lakhs under the aforesaid Preferential Issue and remaining amount would be received as and when the conversion option is exercised by the warrant holders to convert their warrants into Equity Shares during the remaining tenure of the warrants i.e. until 13th August, 2026. <br /> <br /> Out of the above proceeds, Rs. 18,500.00 Lakhs 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 Rs. 5,014.23 Lakhs utilised towards capital expenditure for expansion of the Company’s production capacity, as on 30th June, 2026 and the remaining amount has been temporarily invested in mutual fund, pending utilisation. <br /> <br /> 3 In Earlier year, Company had allotted 69,43,691 equity shares at issue price of Rs. 535/- each to Non-Promoter Investors, under Preferential Issue, and raised funds of Rs. 37,148.75 Lakhs. Out of the above, Rs. 8,552.17 Lakhs utilised towards capital expenditure for expansion of the Company’s production capacity and General Corporate Purpose, as on 30th June, 2026 and the remaining amount has been temporarily invested in mutual funds, pending utilisation. <br /> <br /> 4 Exceptional items for the quarter ended 30th June, 2025 and year ended 31st March, 2026 represents, provision for impairment/amount written off in respect of exposure towards the German subsidiaries viz. Geosphere Glassworks GmbH and GMB Glasmanufaktur Brandenburg GmbH, pursuant to the insolvency proceedings of these entities, which are yet to be concluded and impairment of Rs. 3,387.04 Lakhs towards its exposure in Laxman AG, a wholly owned subsidiary <br /> <br /> 5 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, 2026 represent the balancing figures between the audited figures of the full financial year and the unaudited published figures of nine months ended 31st December, 2025. <br /> <br /> 6 The Company is engaged mainly 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 /> <br /> 7 Revenue from Operations consists of:- <br /> Rs. In Lakhs <br /> Particulars Quarter Ended Year Ended <br /> 30.06.2026 31.03.2026 30.06.2025 31.03.2026 <br /> (a) Within India 39,140.34 42,529.89 29,763.59 1,42,153.55 <br /> (b) Outside India 1,428.73 1,231.80 3,462.45 11,328.95 <br /> Total 40,569.07 43,761.69 33,226.04 1,53,482.50 <br /> Power and Fuel1021318000Other Expenses667907000Re-measurement gains/(losses) on defined benefit plans-2578000-2578000-6490000-1929000Preferential Issues2025-02-1451766310002026-06-30true ICRA LimitedfalseNot ApplicableNo CommentsNo Comments Kishor TalrejaCompany Secretary and Compliance OfficerMumbai2026-07-16Preferential Issues2025-10-1737148750002026-06-30trueCARE Ratings LimitedfalseNot Applicable No CommentsNo CommentsSatisfaction 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 CompanyNot Applicable1850000000018500000000Rs. 51,766.31 lakhs is the total issue size. The Company had on February 14, 2025 allotted equity shares to promoter / members of promoter group, and warrants to non-promoter category investors, under the Preferential Issue (Issue). Due to non-participation / ineligibility of some proposed allottees of warrants, the original Issue size of Rs. 70,000 lakhs got reduced to Rs. 51,766.31 lakhs. As on June 30, 2026, the Company has received Rs. 23,889.23 lakhs (which includes full subscription amount towards equity shares, 25 % of the initial subscription amount toward warrants and 75% of the balance subscription amount paid by 19 warrant holders towards conversion of 8,67,332 warrants into equity shares). The remaining Rs. 27,877.09 lakhs would be received as and when the conversion option is exercised by the warrant holders to convert their warrants into equity shares during the remaining tenure of the warrants.Capital Expenditure for expansion of the Company’s existing production capacity for manufacturing of solar glass at its facility situated in Bharuch, GujaratNot Applicable332663100005014230000Pending actual utilisation of available funds towards the objects, the un-utilised funds of Rs. 375 lakhs have been temporarily invested in mutual funds.Capital Expenditure for expansion of the Company’s existing production capacity for manufacturing of solar glass at its facility situated in Bharuch, GujaratNot applicable317340000007552170000The Company had on October 17, 2025, raised funds of Rs.37,148.75 lakhs by way of allotment of equity shares to non-promoter category investors, under the Preferential Issue (Issue). Due to undersubscription by two investors, the original Issue size of Rs. 37,602.24 lakhs got reduced to Rs. 37,148.75 lakhs. General Corporate PurposesNot applicable54147500001000000000Pending actual utilisation of funds towards the objects, the un-utilised funds of Rs. 28,596.58 lakhs have been temporarily invested in mutual funds.