5443152026-04-012026-06-305443152026-04-012026-06-30in-capmkt:OtherExpenses1Member5443152026-04-012026-06-30in-capmkt:OtherExpenses2Member5443152026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15443152026-04-012026-06-30ItemsThatWillBeReclassifiedToProfitAndLoss15443152026-04-012026-06-30ItemsThatWillBeReclassifiedToProfitAndLoss2iso4217:INRiso4217:INRxbrli:shares544315CEWATERNOTLISTEDINE037Z01029CONCORD ENVIRO SYSTEMS LIMITEDMain BoardEquity2026-04-012027-03-312026-08-112026-08-04INRMillionsQuarterlyFirst quarterSingle segmentWater Treatment Products and Technologies2026-08-1117:45:002026-08-1118:12:00Not applicable2026-04-012026-06-30UnauditedConsolidated8534700006423000091770000038198000028750000-1357000030223000050130000514300003034900001104440000-1867400000-1867400001950000-27690000-257400000-161000000-43300000-4330000-10360000-1756900001140000-174550000-17569000011400001034800005-8.28-8.28-0.21-0.21-8.49-8.491 The above Consolidated Unaudited financial results THE RESULTS of Concord Enviro Systems Ltd THE COMPANY and its subsidiaries together referred to as the Group and its JVs for the qtr ended Jun30 2026 is reviewed by Audit Committee and approved by BOD at their respective meetings held on Aug11 2026 The Statutory Auditors of Co have carried out Limited Review of aforesaid results <br /> 2 The Consolidated Unaudited financial results of Group and its JVs have been prepared in accordance with the recognition and measurement principles laid down in the IndAS as prescribed under sec 133 of the Co Act 2013 as amended read with relevant rules thereunder and other accounting principles generally accepted in India and in terms of Regulation 33 of the SEBI LODR Regulations 2015 as amended <br /> 3 The Govt of India has notified the four Labour Codes on Nov21 2025 the Code on Wages 2019 the Industrial Relations Code 2020 the Code on Social Security 2020 and the Occupational Safety Health and Working Conditions Code 2020 consolidating 29 existing labour laws The Co has assessed the financial impact arising from these regulatory changes particularly concerning the revised definition of wages and its impact on gratuity and other benefits An incremental impact of gratuity liability arising out of past service cost and increase in leave liability together by Rs51.75 million has been recognized as an Exceptional Item for qtr ended Dec31 2025 considering material regulatory driven and non recurring nature of this impact <br /> During the qtr ended Mar31 2026 the Co restructured its salary framework in line with the wage definition prescribed under the new labour codes Based on the revised assessment no incremental employee benefit liability arises and accordingly the provision of Rs51.75 million recognized in qtr ended Dec31 2025 has been reversed during quarter ended Mar31 2026 <br /> 4 During the qtr ended Dec2024 the Company had completed its IPO of 7137321 equity shares of FV of Rs 5 each at an issue price of Rs701 per share including a share premium of Rs696 per share Issue comprised of fresh issue of 2496433 equity shares aggregating to Rs1750 million and offer for sale of 4640888 equity shares by selling shareholders aggregating to Rs3253.26 million totalling to Rs5003.26 million Pursuant to the IPO equity shares of the Company were listed on NSE and BSE on Dec27 2024 <br /> The Co share of total offer expenses are Rs129.24 million The details of IPO proceeds of Rs 1750 million net of IPO expenses of Rs129.24 million which were utilized as at Jun30 2026 are summarised below <br /> Particulars Amount to be utilised Utilised amount upto Unutilised amount upto <br /> as per prospectus Jun30 2026 Jun30 2026 <br /> Objects as given in the Prospectus 1620.76 1188.18 432.58 <br /> IPO proceeds of Rs432.58 million which were unutilized as at Jun30 2026 of which Rs431.8 million are temporarily invested in Bank Deposits with scheduled commercial bank <br /> 5 Mgmt made a resolution on Feb13 2025 to discontinue the operations of Blue Water Trading Treatment FZE and to initiate liquidation process voluntarily BWTT FZE is a step down subsidiary of Holding Company As a result the going concern assumption is no longer valid for the said entity As at Mar31 2026 the entity was classified as a disposal entity and as a discontinued operation The results of the entity for the year are presented below <br /> Particulars Quarter Ended Year Ended <br /> Jun30 Mar31 Jun30 Mar31 <br /> 2026 2025 2025 2026 <br /> Loss after tax for the period year from discontinued operations 4.33 5.30 10.19 30.41 <br /> 6 The Co is primarily engaged in the business of providing water and wastewater treatment and reuse solutions including zero liquid discharge technology Chief Operating Decision Makers monitor and review operating results of the Group as a whole Thus there are no other reportable segments for the Co as per requirements of Ind AS 108 Operating Segment <br /> 7 Certain amounts for the prior period and year were reclassified to conform to current period presentation However such reclassifications do not have any impact on the Group previously reported financial results or equity <br /> Cost of services162570000Other expenses140920000Remeasurement of defined benefit plans - gain/(loss)-340000-340000-80000Foreign exchange differences on translation of foreign operations2130000Foreign exchange differences on share of joint ventures-730000140000001140000