Bharat Bijlee Ltd. — Interim / Quarterly Report 2025

Feb 4, 2025

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February 04, 2025

BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, PhirozeJeejebhoy Towers, Exchange Plaza, Dalal Street, BandraKurla Complex, Bandra (E), Mumbai – 400 001. Mumbai – 400 051 SCRIP CODE: 503960 SCRIP CODE: BBL

Ref.: Regulation 30 and 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

Dear Sir / Madam,

Sub.: Outcome of the Board Meeting held on Tuesday, February 04, 2025

With reference to our Letter dated December 26, 2024 and in accordance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), we hereby inform that, the Board of Directors at its Meeting held today, i.e. Tuesday, February 04, 2025, through Video Conferencing, has inter alia considered and approved / adopted the Unaudited Financial Results of the Company, for the quarter and nine months ended December 31, 2024, along with the Limited Review Report, issued by the Statutory Auditors and the Press Release (Extract of Financial Results to be published in the Newspapers) in that regard.

Further, enclosed herewith a copy of the said approved Unaudited Financial Results of the Company, for the quarter and nine months ended December 31, 2024, along with the Limited Review Report.

The above information will also be made available on the Company’s Website, https://www.bharatbijlee.com/.

The Meeting of the Board of Directors commenced at 12.30 P.M. and concluded at 02.55 P.M.

You are requested to take the aforementioned information on your record.

Thanking You,

Yours sincerely, For Bharat Bijlee Limited

Digitally signed by DURGESH DURGESH NARANJAN NARANJAN NAGARKAR NAGARKAR Date: 2025.02.04 15:00:45 +05'30'

Durgesh N. Nagarkar Company Secretary & Senior General Manager, Legal

Encl. a/a

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Bharat Bijlee � �

Bharat Bijlee Limited

CIN NO. L31300MH1946PLC005017

Registered Office : Electric Mansion, 6th Floor, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025 Phone No. 022-46141414 Fax No. 022-24370624 email: bblcorporate@bharatbijlee.com website: www.bharatbijlee.com

STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2024

(� in crores)

	Particulars	Quarer Ended	Quarer Ended	Quarer Ended	Nine Months Ended	Nine Months Ended	Year Ended
		3112.2024 (Unaudited)	30.09.2024 (Unaudited)	31.12.2023 (Unaudited)	31.12.2024 (Unaudited)	31.12.2023 (Unaudited)	31.03.2024 (Audited)
	1 Income a) Revenue from Operations b)Other Income Total Income 2 Expenses a)Cost of materials consumed b)Purchases of Stock-in-Trade c) Change in inventories of fnished goods.Stock-in- Trade and work-in-progress d) Employee benefits expense e) Finance Costs f) Depreciation and Amorisation expense g) Other expenses Total Expenses 3Profit before Tax ( 1-2) 4Tax Expense Current Tax Deferred Tax Charge I (Credit) Shor provision for tax for earlier year TotalTax Expense 5Proft for the period (3-4) 6Other Comprehensive Income Items that will not be reclassified to profit or loss i)Remeasurement of Defned Benefit Plan ii) Fair Value of Equity Instruments through Other Comprehensive Income Income tax relating to above items i) Remeasurement of Defined Benefit Plan ii) Fair Value of Equity Instruments through Other Comprehensive Income Total Other Comprehensive Income 7Total Comprehensive Income for the period (5+6) 8Paid-up Equity Share Capital (Face value of< 5/- per share) 9Other Equity 10Earnings per equity share (Face value of< 5/- per share) (Basic & Diluted)(<) (Refer Note 4) (not annualised except for Year ended March) - M �$KINS� ~~'�~~J~~&~~	513.75 9,08 522.83 361 13 6.20 6.76 52 20 3.26 4.76 34.69 469.00 53.83 13 29 (0.08) - 13.21 40.62 - (149.24) 21.34 (127.90) (87.28) 5.65 35.94	394.08 423.74 11.30 9 59 405.38 433.33 332.37 313.11 8.90 8.27 (55.31) (17 53) 51 35 47 77 2.81 5.32 4,93 3.57 35.05 33.14 380.10 393.65 25.28 39.68 6.45 9 77 0.04 0.16 0.06 6.49 9.99 18.79 29.69 - . (92.02) 90,78 . . (24.79) (10.57) (116.81) 80.21 (98.02) 109.90 5.65 5.65 16.62 26.27		1,282.59 1,285.01 1,872.48 29.98 26.18 38.25 1,312.57 1,311.19 1,910.73 1,001.59 948.3 1,288.50 25.60 22.39 30.73 (101,10) (24.86) 57.60 150 31 128.39 178.28 8.73 15.77 20.61 14.27 10.47 15.44 102.25 100.54 145.50 1,201.65 1,201.13 1,736.66 110.92 110.06 174.07 27.48 26.87 42 44 0 10 0.22 0.16 . 0.06 0.03 27.58 27.15 42.63 83.34 82.91 131.44 . (1 89) 278.53 164.30 431,87 . - 0 48 (64.00) (20.69) (51.86) 214.53 143.61 378.60 297.87 226.52 510.04 5.65 5.65 5.65 1,859.48 73.73 73.36 ns.39 .... u - .:· , :7 ~~1~~
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8 Bharat Bijlee ,;;:::;,,

Bharat Bijlee Limited

GIN NO L31300MH1946PLC005017

Registered Office : Electric Mansion, 6th Floor, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025 Phone No. 022-46141414 Fax No. 022-24370624 email: bblcorporate@bharatbijlee.com website: www.bharatbijlee.com

SEGMENTWISE REVENUE, RESULTS, ASSETS AND LIABILITIES FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2024

			(f in crores)	(f in crores)	(f in crores)	(f in crores)	(f in crores)
Quarter Ended Nine Months Ended YearEnded Particulars 31.12.202430.09.202431.12.202331.12.202431.12.202331.03.2024 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1Segment Revenue a) Power Systems 317.51 191.41 234.29 692.46 677.67 1,053 51 b) Industrial Systems 196.24 202.67 189.45 590.13 607.34 818.97 Revenue from Operations 513.75 394.08 423.74 1,282.59 1,285.01 1,872.48 2Segment Results Profit before Finance Costs & Tax a) Power Systems 54 14 23 47 38.75 104.76 87.06 156.99 b) Industrial Systems 15.01 13.89 18.80 46.94 69.75 83.57 Total 69.15 37.36 57.55 151.70 156.81 240.56 Less: i Finance Costs 3.10 2 64 5.15 8.23 15,29 19.94 ii Unallocable Expenses net of un-allocable income 12,22 9. 12,72 32.55 31.46 46.55 Profit before Tax 53.83 25.28 39.68 110.92 110.06 174.07 3Segment Asset a)Power Systems 492.09 454.07 428.41 492.09 428.41 413.83 b) Industrial Systems 360 85 352.50 368 53 360.85 368.53 352.01 c) Unallocable Assets 2,048 18 2,171 88 1,498.42 2,048.18 1,498.42 1,739.09 Total Assets 2,901.12 2,978.45 2,295.36 2,901.12 2,295.36 2,504.93 4Segment Liabilities a) Power Systems 337.79 309,88 269 83 337 79 269.83 247.34 b) Industrial Systems 103.34 102,99 103.42 103.34 103 42 90.36 c) Unallocable Liabilities 336.55 354 86 340.50 336.55 340.50 302.10 Total Liabilities 777.68 767.73 713.75 777.68 713.75 639.80 Segments are identified as under: Power Systems = Transfonners, Turnkey Projects for electrical sub stations and Maintenance Products Industrial Systems = Electric Motors, Drives & Automation systems and Magnet TechnologyMachines			Quarter Ended		Nine Months Ended YearEnded
			31.12.202430.09.202431.12.2023 (Unaudited) (Unaudited) (Unaudited)		31.12.2024 (Unaudited)	31.12.2023 (Unaudited)	31.03.2024 (Audited)
			317.51 191.41 196.24 202.67	234.29 189.45	692.46 590.13	677.67 607.34	1,053 51 818.97
			513.75 394.08 423.74 54 14 23 47 38.75 15.01 13.89 18.80 69.15 37.36 57.55 3.10 2 64 5.15 12,22 9. 12,72		1,282.59 104.76 46.94	1,285.01 87.06 69.75	1,872.48 156.99 83.57
				57.55 5.15 12,72	151.70 8.23 32.55	156.81 240.56 15,29 19.94 31.46 46.55
			53.83 25.28 492.09 454.07 360 85 352.50 2,048 18 2,171 88	39.68 428.41 368 53 1,498.42	110.92 492.09 360.85 2,048.18	110.06 428.41 368.53 1,498.42	174.07 413.83 352.01 1,739.09
			2,901.12 2,978.45 2,295.36 337.79 309,88 269 83 103.34 102,99 103.42 336.55 354 86 340.50 777.68 767.73 713.75		2,901.12 337 79 103.34 336.55 777.68	2,295.36 269.83 103 42 340.50 713.75	2,504.93 247.34 90.36 302.10 639.80

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Bharat Bijlee [ID

Bharat Bijlee Limited CIN NO. L31300MH1946PLC005017 Registered Office: Electric Mansion, 6th Floor, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025 Phone No. 022-46141414 Fax No. 022-24370624 email: bblcorporate@bharatbijlee.com website: www.bharatbijlee.com

• 1 The financial results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 4th February, 2025. The Statutory Auditors have carried out Limited Review of the above financial results for the quarter and nine months ended 31st December, 2024.

• 2 The above financial results have been prepared in accordance with the Indian Accounting Standard (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time.

• 3 The Company has no Subsidiary, Associate or Joint Venture Company(ies), as on 31st December, 2024.

• 4 The equity shares of the Company were split/ sub-divided with effect from 24th April, 2024 (Record Date) such that one (1) equity share having face value oft 10/- (Rupees Ten only) each, fully paid-up, was sub-divided into two (2) equity shares having face value oft 5/- (Rupees Five only) each, full paid-up The Earnings Per Share (EPS) numbers of the quarter and nine months ended 31st December, 2023 have been restated to give effect of the share split

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Place: Mumbai
Date: 4th February. 2025 Vice Chairman & Managing Director
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Chartered Accountants Commerz Ill, 30th & 31st floors International Business Park Oberoi Garden City Off. Western Express Highway Goregaon (East) Mumbai-400 063 Maharashtra, India

Deloitte Haskins & Sells LLP

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF BHARAT BIJLEE LIMITED

1. We have reviewed the accompanying Statement of Unaudited Financial Results of BHARAT BIJLEE LIMITED ("the Company"), for the quarter and nine months ended December 31, 2024 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations").

2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has 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 and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm's Registration No. 117366W/W-100018)

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Pallavi Sharma
Partner
Membership No. 113861
\; UDIN: 25113861BMJHZU7714
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Mumbai, February 4, 2025

Regd. Office: One International Center, Tower 3, 31st floor, Senapati Ba pat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737