<?xml version="1.0" encoding="UTF-8"?>
<xbrli:xbrl xmlns:in-bse-fin="http://www.bseindia.com/xbrl/fin/2019-09-30/in-bse-fin" xmlns:in-bse-fin-roles="http://www.bseindia.com/xbrl/fin/2019-09-30/in-bse-fin-roles" xmlns:in-bse-fin-ent="http://www.bseindia.com/xbrl/fin/2019-09-30/in-bse-fin/in-bse-fin-ent" xmlns:in-bse-fin-type="http://www.bseindia.com/xbrl/fin/2019-09-30/in-bse-fin-types" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:net="http://www.xbrl.org/2009/role/net" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xl="http://www.xbrl.org/2003/XLink">
<link:schemaRef xlink:type="simple" xlink:href="other_than_banks_entry_point_2019-09-30.xsd"/>
<xbrli:context id="OneD"><xbrli:entity><xbrli:identifier scheme="http://www.nseindia.com/NSESymbol">FALCONTECH</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2024-07-01</xbrli:startDate><xbrli:endDate>2024-09-30</xbrli:endDate></xbrli:period></xbrli:context>
<xbrli:context id="OneOperatingExpenses01D"><xbrli:entity><xbrli:identifier scheme="http://www.nseindia.com/NSESymbol">FALCONTECH</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2024-07-01</xbrli:startDate><xbrli:endDate>2024-09-30</xbrli:endDate></xbrli:period><xbrli:scenario><xbrldi:explicitMember dimension="in-bse-fin:DetailsOfOtherExpensesAxis">in-bse-fin:OneOperatingExpenses01Member</xbrldi:explicitMember></xbrli:scenario></xbrli:context>
<xbrli:context id="OneI"><xbrli:entity><xbrli:identifier scheme="http://www.nseindia.com/NSESymbol">FALCONTECH</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:instant>2024-09-30</xbrli:instant></xbrli:period></xbrli:context>
<xbrli:context id="FourD"><xbrli:entity><xbrli:identifier scheme="http://www.nseindia.com/NSESymbol">FALCONTECH</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2024-07-01</xbrli:startDate><xbrli:endDate>2024-09-30</xbrli:endDate></xbrli:period></xbrli:context>
<xbrli:unit id="INR"><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unit><xbrli:unit id="pure"><xbrli:measure>xbrli:pure</xbrli:measure></xbrli:unit><xbrli:unit id="shares"><xbrli:measure>xbrli:shares</xbrli:measure></xbrli:unit><xbrli:unit id="INRPerShare"><xbrli:divide><xbrli:unitNumerator><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unitNumerator><xbrli:unitDenominator><xbrli:measure>xbrli:shares</xbrli:measure></xbrli:unitDenominator></xbrli:divide></xbrli:unit>
<in-bse-fin:ScripCode contextRef="OneD">123456</in-bse-fin:ScripCode>
<in-bse-fin:Symbol contextRef="OneD">FALCONTECH</in-bse-fin:Symbol>
<in-bse-fin:MSEISymbol contextRef="OneD">NA</in-bse-fin:MSEISymbol>
<in-bse-fin:ISIN contextRef="OneD">INE0PQK01013</in-bse-fin:ISIN>
<in-bse-fin:NameOfTheCompany contextRef="OneD">Falcon Technoprojects India Limited</in-bse-fin:NameOfTheCompany>
<in-bse-fin:ResultType contextRef="OneD">Nonbanking Format</in-bse-fin:ResultType>
<in-bse-fin:ClassOfSecurity contextRef="OneD">SME/ITP</in-bse-fin:ClassOfSecurity>
<in-bse-fin:DateOfStartOfFinancialYear contextRef="OneD">2024-04-01</in-bse-fin:DateOfStartOfFinancialYear>
<in-bse-fin:DateOfEndOfFinancialYear contextRef="OneD">2025-03-31</in-bse-fin:DateOfEndOfFinancialYear>
<in-bse-fin:DateOfBoardMeetingWhenFinancialResultsWereApproved contextRef="OneD">2024-11-14</in-bse-fin:DateOfBoardMeetingWhenFinancialResultsWereApproved>
<in-bse-fin:DateOnWhichPriorIntimationOfTheMeetingForConsideringFinancialResultsWasInformedToTheExchange contextRef="OneD">2024-11-08</in-bse-fin:DateOnWhichPriorIntimationOfTheMeetingForConsideringFinancialResultsWasInformedToTheExchange>
<in-bse-fin:DescriptionOfPresentationCurrency contextRef="OneD">INR</in-bse-fin:DescriptionOfPresentationCurrency>
<in-bse-fin:LevelOfRoundingUsedInFinancialStatements contextRef="OneD">Lakhs</in-bse-fin:LevelOfRoundingUsedInFinancialStatements>
<in-bse-fin:ReportingQuarter contextRef="OneD">Half yearly</in-bse-fin:ReportingQuarter>
<in-bse-fin:IsCompanyReportingMultisegmentOrSingleSegment contextRef="OneD">Single segment</in-bse-fin:IsCompanyReportingMultisegmentOrSingleSegment>
<in-bse-fin:DescriptionOfSingleSegment contextRef="OneD">MEP Segment</in-bse-fin:DescriptionOfSingleSegment>
<in-bse-fin:StartTimeOfBoardMeeting contextRef="OneD">16:00:00</in-bse-fin:StartTimeOfBoardMeeting>
<in-bse-fin:EndTimeOfBoardMeeting contextRef="OneD">16:30:00</in-bse-fin:EndTimeOfBoardMeeting>
<in-bse-fin:DateOfStartOfBoardMeeting contextRef="OneD">2024-11-14</in-bse-fin:DateOfStartOfBoardMeeting>
<in-bse-fin:DateOfEndOfBoardMeeting contextRef="OneD">2024-11-14</in-bse-fin:DateOfEndOfBoardMeeting>
<in-bse-fin:WhetherCashFlowStatementIsApplicableOnCompany contextRef="OneD">true</in-bse-fin:WhetherCashFlowStatementIsApplicableOnCompany>
<in-bse-fin:TypeOfCashFlowStatement contextRef="OneD">Cash Flow Indirect</in-bse-fin:TypeOfCashFlowStatement>
<in-bse-fin:DeclarationOfUnmodifiedOpinionOrStatementOnImpactOfAuditQualification contextRef="OneD">Not applicable</in-bse-fin:DeclarationOfUnmodifiedOpinionOrStatementOnImpactOfAuditQualification>
<in-bse-fin:DateOfStartOfReportingPeriod contextRef="OneD">2024-04-01</in-bse-fin:DateOfStartOfReportingPeriod>
<in-bse-fin:DateOfEndOfReportingPeriod contextRef="OneD">2024-09-30</in-bse-fin:DateOfEndOfReportingPeriod>
<in-bse-fin:WhetherResultsAreAuditedOrUnaudited contextRef="OneD">Unaudited</in-bse-fin:WhetherResultsAreAuditedOrUnaudited>
<in-bse-fin:NatureOfReportStandaloneConsolidated contextRef="OneD">Standalone</in-bse-fin:NatureOfReportStandaloneConsolidated>
<in-bse-fin:RevenueFromOperations contextRef="OneD" unitRef="INR" decimals="-5">126341000.00</in-bse-fin:RevenueFromOperations>
<in-bse-fin:OtherIncome contextRef="OneD" unitRef="INR" decimals="-5">104000.00</in-bse-fin:OtherIncome>
<in-bse-fin:Revenue contextRef="OneD" unitRef="INR" decimals="-5">126445000.00</in-bse-fin:Revenue>
<in-bse-fin:CostOfMaterialsConsumed contextRef="OneD" unitRef="INR" decimals="-5">104871000.00</in-bse-fin:CostOfMaterialsConsumed>
<in-bse-fin:PurchasesOfStockInTrade contextRef="OneD" unitRef="INR" decimals="-5">0.00</in-bse-fin:PurchasesOfStockInTrade>
<in-bse-fin:ChangesInInventoriesOfFinishedGoodsWorkInProgressAndStockInTrade contextRef="OneD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ChangesInInventoriesOfFinishedGoodsWorkInProgressAndStockInTrade>
<in-bse-fin:EmployeeBenefitExpense contextRef="OneD" unitRef="INR" decimals="-5">6258000.00</in-bse-fin:EmployeeBenefitExpense>
<in-bse-fin:FinanceCosts contextRef="OneD" unitRef="INR" decimals="-5">3225000.00</in-bse-fin:FinanceCosts>
<in-bse-fin:DepreciationAndAmortisationExpense contextRef="OneD" unitRef="INR" decimals="-5">132000.00</in-bse-fin:DepreciationAndAmortisationExpense>
<in-bse-fin:OtherExpenses contextRef="OneD" unitRef="INR" decimals="-5">1448000.00</in-bse-fin:OtherExpenses>
<in-bse-fin:Expenses contextRef="OneD" unitRef="INR" decimals="-5">115934000.00</in-bse-fin:Expenses>
<in-bse-fin:ProfitBeforeExceptionalAndExtraordinaryItemsAndTax contextRef="OneD" unitRef="INR" decimals="-5">10511000.00</in-bse-fin:ProfitBeforeExceptionalAndExtraordinaryItemsAndTax>
<in-bse-fin:ExceptionalItems contextRef="OneD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ExceptionalItems>
<in-bse-fin:ProfitBeforeExtraordinaryItemsAndTax contextRef="OneD" unitRef="INR" decimals="-5">10511000.00</in-bse-fin:ProfitBeforeExtraordinaryItemsAndTax>
<in-bse-fin:ExtraordinaryItems contextRef="OneD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ExtraordinaryItems>
<in-bse-fin:ProfitBeforeTax contextRef="OneD" unitRef="INR" decimals="-5">10511000.00</in-bse-fin:ProfitBeforeTax>
<in-bse-fin:CurrentTax contextRef="OneD" unitRef="INR" decimals="-5">2372000.00</in-bse-fin:CurrentTax>
<in-bse-fin:DeferredTax contextRef="OneD" unitRef="INR" decimals="-5">-13000.00</in-bse-fin:DeferredTax>
<in-bse-fin:TaxExpense contextRef="OneD" unitRef="INR" decimals="-5">2359000.00</in-bse-fin:TaxExpense>
<in-bse-fin:ProfitLossForThePeriodFromContinuingOperations contextRef="OneD" unitRef="INR" decimals="-5">8152000.00</in-bse-fin:ProfitLossForThePeriodFromContinuingOperations>
<in-bse-fin:ProfitLossFromDiscontinuingOperationsBeforeTax contextRef="OneD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ProfitLossFromDiscontinuingOperationsBeforeTax>
<in-bse-fin:TaxExpenseOfDiscontinuingOperations contextRef="OneD" unitRef="INR" decimals="-5">0.00</in-bse-fin:TaxExpenseOfDiscontinuingOperations>
<in-bse-fin:ProfitLossFromDiscontinuingOperationAfterTax contextRef="OneD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ProfitLossFromDiscontinuingOperationAfterTax>
<in-bse-fin:ProfitLossForPeriodBeforeMinorityInterest contextRef="OneD" unitRef="INR" decimals="-5">8152000.00</in-bse-fin:ProfitLossForPeriodBeforeMinorityInterest>
<in-bse-fin:ProfitLossForThePeriod contextRef="OneD" unitRef="INR" decimals="-5">8152000.00</in-bse-fin:ProfitLossForThePeriod>
<in-bse-fin:PaidUpValueOfEquityShareCapital contextRef="OneD" unitRef="INR" decimals="-5">53568000.00</in-bse-fin:PaidUpValueOfEquityShareCapital>
<in-bse-fin:FaceValueOfEquityShareCapital contextRef="OneD" unitRef="INRPerShare" decimals="INF">10</in-bse-fin:FaceValueOfEquityShareCapital>
<in-bse-fin:BasicEarningsLossPerShareFromContinuingAndDiscontinuedOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">1.52</in-bse-fin:BasicEarningsLossPerShareFromContinuingAndDiscontinuedOperations>
<in-bse-fin:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations contextRef="OneD" unitRef="INRPerShare" decimals="INF">1.52</in-bse-fin:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations>
<in-bse-fin:DebtEquityRatio contextRef="OneD" unitRef="pure" decimals="INF">0.00</in-bse-fin:DebtEquityRatio>
<in-bse-fin:DebtServiceCoverageRatio contextRef="OneD" unitRef="pure" decimals="INF">0.00</in-bse-fin:DebtServiceCoverageRatio>
<in-bse-fin:InterestServiceCoverageRatio contextRef="OneD" unitRef="pure" decimals="INF">0.00</in-bse-fin:InterestServiceCoverageRatio>
<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above standalone unaudited Financial Results for the Half Year ended 30th September, 2024 have been reviewed by the Audit Committee and approved by the Board of Directors of Falcon Technoprojects (India) limited in their meetings held on November 14, 2024.      2. The above standalone unaudited Financial Results for the Half Year ended 30th September, 2024 are prepared in accordance with the applicable Accounting Standard prescribed under section 133 of the Companies Act, 2013 read with Rule 7 of the Company Accounting Rules, 2014 as amended and other recognized accounting practices and policies, as applicable.      3. In accordance with Regulation 33 of the SEBI (LODR) Regulations 2015, the above standalone results have been reviewed by the statutory Auditors of the Company for the half year ended September 30, 2024.      4. The comparative standalone figures of the Half Year ended on 30th September, 2023 have been considered based on the unaudited / unreviewed figures, since the regulations as per SEBI (LODR) Regulations, 2015, as amended from time to time, were not applicable during the said period.      5. EPS for the respective periods have been calculated based on the weighted average number of shares outstanding for the said period.      6. The company is operating in a single segment. Hence, the above financial results are based on single segment only.      7. The management is in process of identifying parties which are covered under MSME, The amount relating to MSME are disclosed to the extent identified.      8. The company has raised Rs. 1368.96 Lakhs through issue of Equity Shares of Face value Rs.10/- per share at a premium of Rs. 82/- Per Share through initial public offer (IPO), The shares of the company got listed on NSE emerge platform as on 26/06/2024.      9. The Proceeds of IPO have been utilized till September 30, 2024 as per below mentioned table.      Object of the Issue Amount Allocated    for the Object Amount Utilized   Public Issue Expenses 61.58 61.58   Working Capital Requirement 1026.72 1026.72   General Corporate Purpose 280.66 280.66   Total 1368.96   1368.96   10. The figures of the previous period have been re-grouped or rearranged, wherever considered necessary.            For and on behalf of the Board of Directors    Falcon Technoprojects (India) Limited              Bharat Parihar     (DIN-06945020 )     Managing Director          Debt equity ratio - 0.28   Debt service coverage ratio - 0.29   Interest service coverage ratio - 3.70</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
<in-bse-fin:DescriptionOfOtherExpenses contextRef="OneOperatingExpenses01D">Other Expenses</in-bse-fin:DescriptionOfOtherExpenses>
<in-bse-fin:OtherExpenses contextRef="OneOperatingExpenses01D" unitRef="INR" decimals="-3">1448000.00</in-bse-fin:OtherExpenses>
<in-bse-fin:ShareCapital contextRef="OneI" unitRef="INR" decimals="-5">53568000.00</in-bse-fin:ShareCapital>
<in-bse-fin:ReservesAndSurplus contextRef="OneI" unitRef="INR" decimals="-5">169870000.00</in-bse-fin:ReservesAndSurplus>
<in-bse-fin:MoneyReceivedAgainstShareWarrants contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:MoneyReceivedAgainstShareWarrants>
<in-bse-fin:ShareholdersFunds contextRef="OneI" unitRef="INR" decimals="-5">223438000.00</in-bse-fin:ShareholdersFunds>
<in-bse-fin:ShareApplicationMoneyPendingAllotment contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:ShareApplicationMoneyPendingAllotment>
<in-bse-fin:DeferredGovernmentGrants contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:DeferredGovernmentGrants>
<in-bse-fin:LongTermBorrowings contextRef="OneI" unitRef="INR" decimals="-5">16086000.00</in-bse-fin:LongTermBorrowings>
<in-bse-fin:DeferredTaxLiabilitiesNet contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:DeferredTaxLiabilitiesNet>
<in-bse-fin:ForeignCurrencyMonetaryItemTranslationDifferenceLiabilityAccount contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:ForeignCurrencyMonetaryItemTranslationDifferenceLiabilityAccount>
<in-bse-fin:OtherLongTermLiabilities contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:OtherLongTermLiabilities>
<in-bse-fin:LongTermProvisions contextRef="OneI" unitRef="INR" decimals="-5">1568000.00</in-bse-fin:LongTermProvisions>
<in-bse-fin:NoncurrentLiabilities contextRef="OneI" unitRef="INR" decimals="-5">17654000.00</in-bse-fin:NoncurrentLiabilities>
<in-bse-fin:ShortTermBorrowings contextRef="OneI" unitRef="INR" decimals="-5">47039000.00</in-bse-fin:ShortTermBorrowings>
<in-bse-fin:OutstandingDuesOfMicroEnterprisesAndSmallEnterprises contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:OutstandingDuesOfMicroEnterprisesAndSmallEnterprises>
<in-bse-fin:OutstandingDuesOfCreditorsOtherThanMicroEnterprisesAndSmallEnterprises contextRef="OneI" unitRef="INR" decimals="-5">27405000.00</in-bse-fin:OutstandingDuesOfCreditorsOtherThanMicroEnterprisesAndSmallEnterprises>
<in-bse-fin:OtherCurrentLiabilities contextRef="OneI" unitRef="INR" decimals="-5">2780000.00</in-bse-fin:OtherCurrentLiabilities>
<in-bse-fin:ShortTermProvisions contextRef="OneI" unitRef="INR" decimals="-5">6591000.00</in-bse-fin:ShortTermProvisions>
<in-bse-fin:CurrentLiabilities contextRef="OneI" unitRef="INR" decimals="-5">83815000.00</in-bse-fin:CurrentLiabilities>
<in-bse-fin:EquityAndLiabilities contextRef="OneI" unitRef="INR" decimals="-5">324907000.00</in-bse-fin:EquityAndLiabilities>
<in-bse-fin:TangibleAssets contextRef="OneI" unitRef="INR" decimals="-5">20832000.00</in-bse-fin:TangibleAssets>
<in-bse-fin:ProducingProperties contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:ProducingProperties>
<in-bse-fin:IntangibleAssets contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:IntangibleAssets>
<in-bse-fin:PreproducingProperties contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:PreproducingProperties>
<in-bse-fin:TangibleAssetsCapitalWorkInProgress contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:TangibleAssetsCapitalWorkInProgress>
<in-bse-fin:IntangibleAssetsUnderDevelopmentOrWorkInProgress contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:IntangibleAssetsUnderDevelopmentOrWorkInProgress>
<in-bse-fin:FixedAssets contextRef="OneI" unitRef="INR" decimals="-5">20832000.00</in-bse-fin:FixedAssets>
<in-bse-fin:NoncurrentInvestments contextRef="OneI" unitRef="INR" decimals="-5">4074000.00</in-bse-fin:NoncurrentInvestments>
<in-bse-fin:DeferredTaxAssetsNet contextRef="OneI" unitRef="INR" decimals="-5">764000.00</in-bse-fin:DeferredTaxAssetsNet>
<in-bse-fin:ForeignCurrencyMonetaryItemTranslationDifferenceAssetAccount contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:ForeignCurrencyMonetaryItemTranslationDifferenceAssetAccount>
<in-bse-fin:LongTermLoansAndAdvances contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:LongTermLoansAndAdvances>
<in-bse-fin:OtherNoncurrentAssets contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:OtherNoncurrentAssets>
<in-bse-fin:NoncurrentAssets contextRef="OneI" unitRef="INR" decimals="-5">25670000.00</in-bse-fin:NoncurrentAssets>
<in-bse-fin:CurrentInvestments contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:CurrentInvestments>
<in-bse-fin:Inventories contextRef="OneI" unitRef="INR" decimals="-5">173985000.00</in-bse-fin:Inventories>
<in-bse-fin:TradeReceivables contextRef="OneI" unitRef="INR" decimals="-5">110967000.00</in-bse-fin:TradeReceivables>
<in-bse-fin:CashAndCashEquivalents contextRef="OneI" unitRef="INR" decimals="-5">402000.00</in-bse-fin:CashAndCashEquivalents>
<in-bse-fin:BankBalanceOtherThanCashAndCashEquivalents contextRef="OneI" unitRef="INR" decimals="-5">0.00</in-bse-fin:BankBalanceOtherThanCashAndCashEquivalents>
<in-bse-fin:ShortTermLoansAndAdvances contextRef="OneI" unitRef="INR" decimals="-5">7622000.00</in-bse-fin:ShortTermLoansAndAdvances>
<in-bse-fin:OtherCurrentAssets contextRef="OneI" unitRef="INR" decimals="-5">6261000.00</in-bse-fin:OtherCurrentAssets>
<in-bse-fin:CurrentAssets contextRef="OneI" unitRef="INR" decimals="-5">299237000.00</in-bse-fin:CurrentAssets>
<in-bse-fin:Assets contextRef="OneI" unitRef="INR" decimals="-5">324907000.00</in-bse-fin:Assets>
<in-bse-fin:AdjustmentsForFinanceCosts contextRef="FourD" unitRef="INR" decimals="-5">3121000.00</in-bse-fin:AdjustmentsForFinanceCosts>
<in-bse-fin:AdjustmentsForDepreciationAndAmortisationExpense contextRef="FourD" unitRef="INR" decimals="-5">132000.00</in-bse-fin:AdjustmentsForDepreciationAndAmortisationExpense>
<in-bse-fin:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss>
<in-bse-fin:AdjustmentsForUnrealisedForeignExchangeLossesGains contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:AdjustmentsForUnrealisedForeignExchangeLossesGains>
<in-bse-fin:AdjustmentsForDividendIncome contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:AdjustmentsForDividendIncome>
<in-bse-fin:AdjustmentsForSharebasedPayments contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:AdjustmentsForSharebasedPayments>
<in-bse-fin:OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:OtherAdjustmentsForWhichCashEffectsAreInvestingOrFinancingCashFlow>
<in-bse-fin:OtherAdjustmentsToReconcileProfitLoss contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:OtherAdjustmentsToReconcileProfitLoss>
<in-bse-fin:OtherAdjustmentsForNoncashItems contextRef="FourD" unitRef="INR" decimals="-5">118000.00</in-bse-fin:OtherAdjustmentsForNoncashItems>
<in-bse-fin:ShareOfProfitAndLossFromPartnershipFirmOrAssociationOfPersonsOrLimitedLiabilityPartnerships contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ShareOfProfitAndLossFromPartnershipFirmOrAssociationOfPersonsOrLimitedLiabilityPartnerships>
<in-bse-fin:AdjustmentsToProfitLoss contextRef="FourD" unitRef="INR" decimals="-5">3371000.00</in-bse-fin:AdjustmentsToProfitLoss>
<in-bse-fin:AdjustmentsForDecreaseIncreaseInInventories contextRef="FourD" unitRef="INR" decimals="-5">-50130000.00</in-bse-fin:AdjustmentsForDecreaseIncreaseInInventories>
<in-bse-fin:AdjustmentsForDecreaseIncreaseInTradeReceivables contextRef="FourD" unitRef="INR" decimals="-5">-76357000.00</in-bse-fin:AdjustmentsForDecreaseIncreaseInTradeReceivables>
<in-bse-fin:AdjustmentsForDecreaseIncreaseInOtherCurrentAssets contextRef="FourD" unitRef="INR" decimals="-5">39000.00</in-bse-fin:AdjustmentsForDecreaseIncreaseInOtherCurrentAssets>
<in-bse-fin:AdjustmentsForIncreaseDecreaseInTradePayables contextRef="FourD" unitRef="INR" decimals="-5">6130000.00</in-bse-fin:AdjustmentsForIncreaseDecreaseInTradePayables>
<in-bse-fin:AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities contextRef="FourD" unitRef="INR" decimals="-5">-13713000.00</in-bse-fin:AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities>
<in-bse-fin:AdjustmentsForProvisions contextRef="FourD" unitRef="INR" decimals="-5">2367000.00</in-bse-fin:AdjustmentsForProvisions>
<in-bse-fin:AdjustmentsForWorkingCapital contextRef="FourD" unitRef="INR" decimals="-5">-131664000.00</in-bse-fin:AdjustmentsForWorkingCapital>
<in-bse-fin:AdjustmentsForReconcileProfitLoss contextRef="FourD" unitRef="INR" decimals="-5">-128293000.00</in-bse-fin:AdjustmentsForReconcileProfitLoss>
<in-bse-fin:CashFlowsFromUsedInOperations contextRef="FourD" unitRef="INR" decimals="-5">-117782000.00</in-bse-fin:CashFlowsFromUsedInOperations>
<in-bse-fin:DividendsReceivedClassifiedAsOperatingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:DividendsReceivedClassifiedAsOperatingActivities>
<in-bse-fin:InterestPaidClassifiedAsOperatingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:InterestPaidClassifiedAsOperatingActivities>
<in-bse-fin:InterestReceivedClassifiedAsOperatingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:InterestReceivedClassifiedAsOperatingActivities>
<in-bse-fin:IncomeTaxesPaidRefundClassifiedAsOperatingActivities contextRef="FourD" unitRef="INR" decimals="-5">2359000.00</in-bse-fin:IncomeTaxesPaidRefundClassifiedAsOperatingActivities>
<in-bse-fin:OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities>
<in-bse-fin:CashFlowsFromUsedInOperatingActivitiesBeforeExtraordinaryItems contextRef="FourD" unitRef="INR" decimals="-5">-120141000.00</in-bse-fin:CashFlowsFromUsedInOperatingActivitiesBeforeExtraordinaryItems>
<in-bse-fin:ProceedsFromExtraordinaryItemsClassifiedAsOperatingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ProceedsFromExtraordinaryItemsClassifiedAsOperatingActivities>
<in-bse-fin:PaymentForExtraordinaryItemsClassifiedAsOperatingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:PaymentForExtraordinaryItemsClassifiedAsOperatingActivities>
<in-bse-fin:CashFlowsFromUsedInOperatingActivities contextRef="FourD" unitRef="INR" decimals="-5">-120141000.00</in-bse-fin:CashFlowsFromUsedInOperatingActivities>
<in-bse-fin:CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
<in-bse-fin:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
<in-bse-fin:OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities>
<in-bse-fin:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities>
<in-bse-fin:OtherCashReceiptsFromSalesOfInterestsInJointVenturesClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:OtherCashReceiptsFromSalesOfInterestsInJointVenturesClassifiedAsInvestingActivities>
<in-bse-fin:OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:OtherCashPaymentsToAcquireInterestsInJointVenturesClassifiedAsInvestingActivities>
<in-bse-fin:CashReceiptsFromShareOfProfitsOfPartnershipFirmOrAssociationOfPersonsOrLimitedLiabilityPartnerships contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:CashReceiptsFromShareOfProfitsOfPartnershipFirmOrAssociationOfPersonsOrLimitedLiabilityPartnerships>
<in-bse-fin:CashPaymentForInvestmentInPartnershipFirmOrAssociationOfPersonsOrLimitedLiabilityPartnerships contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:CashPaymentForInvestmentInPartnershipFirmOrAssociationOfPersonsOrLimitedLiabilityPartnerships>
<in-bse-fin:ProceedsFromSalesOfTangibleAssetsClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ProceedsFromSalesOfTangibleAssetsClassifiedAsInvestingActivities>
<in-bse-fin:PurchaseOfTangibleAssetsClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">796000.00</in-bse-fin:PurchaseOfTangibleAssetsClassifiedAsInvestingActivities>
<in-bse-fin:ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities>
<in-bse-fin:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities>
<in-bse-fin:CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">4740000.00</in-bse-fin:CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities>
<in-bse-fin:CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities>
<in-bse-fin:CashPaymentsForFutureContractsForwardContractsOptionContractsAndSwapContractsClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:CashPaymentsForFutureContractsForwardContractsOptionContractsAndSwapContractsClassifiedAsInvestingActivities>
<in-bse-fin:CashReceiptsFromFutureContractsForwardContractsOptionContractsAndSwapContractsClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:CashReceiptsFromFutureContractsForwardContractsOptionContractsAndSwapContractsClassifiedAsInvestingActivities>
<in-bse-fin:DividendsReceivedClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:DividendsReceivedClassifiedAsInvestingActivities>
<in-bse-fin:InterestReceivedClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">104000.00</in-bse-fin:InterestReceivedClassifiedAsInvestingActivities>
<in-bse-fin:IncomeTaxesPaidRefundClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:IncomeTaxesPaidRefundClassifiedAsInvestingActivities>
<in-bse-fin:OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">-441000.00</in-bse-fin:OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities>
<in-bse-fin:ProceedsFromGovernmentGrantsClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ProceedsFromGovernmentGrantsClassifiedAsInvestingActivities>
<in-bse-fin:CashFlowsFromUsedInInvestingActivitiesBeforeExtraordinaryItems contextRef="FourD" unitRef="INR" decimals="-5">-5873000.00</in-bse-fin:CashFlowsFromUsedInInvestingActivitiesBeforeExtraordinaryItems>
<in-bse-fin:ProceedsFromExtraordinaryItemsClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ProceedsFromExtraordinaryItemsClassifiedAsInvestingActivities>
<in-bse-fin:PaymentForExtraordinaryItemsClassifiedAsInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:PaymentForExtraordinaryItemsClassifiedAsInvestingActivities>
<in-bse-fin:CashFlowsFromUsedInInvestingActivities contextRef="FourD" unitRef="INR" decimals="-5">-5873000.00</in-bse-fin:CashFlowsFromUsedInInvestingActivities>
<in-bse-fin:ProceedsFromIssuingShares contextRef="FourD" unitRef="INR" decimals="-5">125214000.00</in-bse-fin:ProceedsFromIssuingShares>
<in-bse-fin:ProceedsFromIssuingOtherEquityInstruments contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ProceedsFromIssuingOtherEquityInstruments>
<in-bse-fin:ProceedsFromIssuingDebenturesNotesBondsEtc contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ProceedsFromIssuingDebenturesNotesBondsEtc>
<in-bse-fin:ProceedsFromBorrowingsClassifiedAsFinancingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
<in-bse-fin:RepaymentsOfBorrowingsClassifiedAsFinancingActivities contextRef="FourD" unitRef="INR" decimals="-5">13847000.00</in-bse-fin:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
<in-bse-fin:DividendsPaidClassifiedAsFinancingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:DividendsPaidClassifiedAsFinancingActivities>
<in-bse-fin:InterestPaidClassifiedAsFinancingActivities contextRef="FourD" unitRef="INR" decimals="-5">3225000.00</in-bse-fin:InterestPaidClassifiedAsFinancingActivities>
<in-bse-fin:IncomeTaxesPaidRefundClassifiedAsFinancingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:IncomeTaxesPaidRefundClassifiedAsFinancingActivities>
<in-bse-fin:OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities>
<in-bse-fin:CashFlowsFromUsedInFinancingActivitiesBeforeExtraordinaryItems contextRef="FourD" unitRef="INR" decimals="-5">108142000.00</in-bse-fin:CashFlowsFromUsedInFinancingActivitiesBeforeExtraordinaryItems>
<in-bse-fin:ProceedsFromExtraordinaryItemsClassifiedAsFinancingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:ProceedsFromExtraordinaryItemsClassifiedAsFinancingActivities>
<in-bse-fin:PaymentForExtraordinaryItemsClassifiedAsFinancingActivities contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:PaymentForExtraordinaryItemsClassifiedAsFinancingActivities>
<in-bse-fin:CashFlowsFromUsedInFinancingActivities contextRef="FourD" unitRef="INR" decimals="-5">108142000.00</in-bse-fin:CashFlowsFromUsedInFinancingActivities>
<in-bse-fin:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges contextRef="FourD" unitRef="INR" decimals="-5">-17872000.00</in-bse-fin:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges>
<in-bse-fin:EffectOfExchangeRateChangesOnCashAndCashEquivalents contextRef="FourD" unitRef="INR" decimals="-5">0.00</in-bse-fin:EffectOfExchangeRateChangesOnCashAndCashEquivalents>
<in-bse-fin:IncreaseDecreaseInCashAndCashEquivalents contextRef="FourD" unitRef="INR" decimals="-5">-17872000.00</in-bse-fin:IncreaseDecreaseInCashAndCashEquivalents>
<in-bse-fin:CashAndCashEquivalentsCashFlowStatement contextRef="FourD" unitRef="INR" decimals="-5">18274000.00</in-bse-fin:CashAndCashEquivalentsCashFlowStatement>
<in-bse-fin:CashAndCashEquivalentsCashFlowStatement contextRef="FourD" unitRef="INR" decimals="-5">402000.00</in-bse-fin:CashAndCashEquivalentsCashFlowStatement>
</xbrli:xbrl>