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MUNOTH COMMUNICATION LIMITED Interim / Quarterly Report 2025

Nov 15, 2024

63487_rns_2024-11-15_d481a1fb-2731-4909-a059-01ffd9f8ed45.pdf

Interim / Quarterly Report

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November 14, 2024

M/s. Bombay Stock Exchange Limited, Phiroze Jheejeebhoy Towers, Dalal Street, Mumbai- 400 001

Dear Sir,

Sub: Intimation pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - unaudited financial results (Standalone and Consolidated) for the quarter and six months ended 30/09/2024

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the unaudited financial results (Standalone and Consolidated) for the quarter and six months ended 30[th] September 2024 published in one English language national daily and in one daily newspaper published in the language, being approved and taken on record by the Board in their meeting held on 13[th] November 2024.

Kindly take the same on records.

Thanking you,

Yours faithfully,

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5

CHENNAI - 14 - 11 - 2024

POV

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VVS

Coaching centres make millions with misleading advertisements

In the 1970s and ‘80s, advertisements for coaching centres w e r e s i m p l e a n d straightforward: small, column-sized ads, often just 20x3 or 15x3 inches, featuring genuine facts in the body copy. These ads were reviewed by the head of the coaching institute or a retired professor of English to ensure accuracy and ethics. As the market for coaching centres grew, so did competition, and with it, the rise of flashy, full-page colour ads. These ads often featured rows of “successful” by coaching centres. candidates, flaunting their Nidhi Khare, Chief certificates to create a Commissioner of the sense of credibility. CCPA and Secretary of the Soon, advertising Department of Consumer agencies began to Affairs, announced these support the dreams of guidelines, which target coaching centres by using common misleading persuasive adjectives and practices in the industry. exaggerating the potential The guidelines prohibit of their services, all in coaching institutes from the name of staying ahead making false claims in a highly competitive, about: profit-driven industry. • The courses offered, Ads like “CL, No. 1 including their duration, CAT coaching institute faculty qualifications, with 9629 IIM Calls in fees, and refund policies. CAT’14,” “Best MBA • Selection rates, prep for CAT, IIFT, XAT, success stories, exam NMAT, SNAP Exams,” rankings, and job security and “Undisputed market promises. leader in the field of • Assured admissions, Management Entrance guaranteed high exam T r a i n i n g ” b e c a m e scores, or job placements. commonplace. Other T h e g u i d e l i n e s claims—like “Best free require coaching centres MBA preparation website to provide accurate in India,” “Students secure information about their All India Rank for 12th infrastructure, resources, year in a row!”—were and facilities, and bold and misleading. explicitly prohibit false The list of exaggerated representations about the promises seemed endless. quality of their services. By January 2016, the Key Changes and New Advertising Standards Regulations Council of India (ASCI) A notable aspect took action. The ASCI’s of the new guidelines Consumer Complaints is the restriction on Council (CCC) upheld using students’ names, complaints against several photos, or testimonials major coaching institutes in advertisements without in the MBA, engineering, their written consent. and law sectors for making Importantly, consent unsubstantiated claims must only be obtained in their ads. The CCC after a student’s success, found that many of these reducing the pressure advertisements violated on students to sign ASCI’s guidelines, agreements prematurely. which were designed Furthermore, coaching to protect consumers centres will now be from misleading, false, required to disclose and unethical advertising crucial details about practices. students featured in their The ASCI, established advertisements, such as in 1985, is tasked with their names, ranks, and regulating advertising course details. If a student across industries in paid for the course, this India. One of its core must be clearly stated. functions is to ensure the Disclaimers must be protection of consumers’ prominently displayed interests, particularly in the same font size when it comes to the as the other details, advertising of educational ensuring transparency services. The CCC, in its and preventing the fine oversight role, investigates print from misleading complaints against consumers. advertisements that are Another critical aspect deemed false, misleading, of the guidelines addresses or unethical. ASCI serves the common tactic used as the “executive arm” by coaching centres: of India’s Department creating a false sense of of Consumer Affairs urgency or scarcity. Ads and plays a crucial that imply limited seats role in regulating unfair or exaggerated demand advertising practices to pressure students into across sectors. quick decisions will no The Government Steps longer be allowed. In: A Crackdown on As part of the new Misleading Ads regulations, coaching After almost a decade of centres will be required unregulated exaggeration to partner with the and millions of parents National Consumer investing in these false Helpline, making it promises, the government easier for students to decided to intervene and file complaints related to bring ethical standards misleading advertisements to the coaching industry. or unfair trade practices. In 2024, the Central The Road Ahead: A Consumer Protection Multi-Billion Industry A u t h o r i t y ( C C PA ) Under Scrutiny imposed a penalty of Rs I n d i a’ s c o a c h i n g 54.6 lakh on 18 coaching industry is massive, institutes for deceptive currently valued at advertising practices. Rs 58,088 crore and These fines were part projected to reach Rs of a broader initiative 1,33,995 crore by 2028. to regulate the coaching With such significant sector more effectively. growth on the horizon, The CCPA introduced the coaching sector is the Guidelines for set to attract millions of Prevention of Misleading students in the coming Advertisements in the years. This makes it Coaching Sector, 2024, more important than designed to protect ever for the government students and the public to ensure that the sector from deceptive marketing operates ethically and t a c t i c s e m p l o y e d responsibly.

examinations. The consequences full report on this scam, but the of these massive irregularities damage is already clear. The are severe. Aspirants who were simple truth is that education is otherwise eligible for admission the foundation for the nation’s to over 50,000 government progress—it should never be a medical colleges across the breeding ground for corruption, country now face an uncertain future. Thanks to inflated marks scams, or exploitation. It is high time that we protect the future and manipulated results, many bright, deserving students will of our youth and ensure that likely miss out on their rightful the doors of opportunity remain place in medical schools. open to all, especially those from We are still waiting for the disadvantaged backgrounds.

The movie Vettiyan offers a realistic portrayal of how coaching institutions often deceive aspirants.

by coaching centres. I n t h e l i g h t o f Nidhi Khare, Chief the Supreme Court’s Commissioner of the statement that coaching CCPA and Secretary of the centres have become Department of Consumer “ d e a t h c h a m b e r s ,” Affairs, announced these exploiting students with guidelines, which target fake claims and promises, common misleading the new guidelines are a practices in the industry. necessary step in ensuring The guidelines prohibit that these centres do not coaching institutes from jeopardize the future of making false claims young students. about: B y e n f o r c i n g • The courses offered, t h e s e r e g u l a t i o n s , including their duration, the government is faculty qualifications, protecting students from fees, and refund policies. unscrupulous practices • Selection rates, while aiming to restore success stories, exam faith in the educational rankings, and job security support system. The promises. guidelines represent a • Assured admissions, crucial intervention, guaranteed high exam ensuring that coaching scores, or job placements. institutes can no longer T h e g u i d e l i n e s thrive on deception, and require coaching centres that students and parents to provide accurate can make informed, information about their honest decisions about infrastructure, resources, their educational future. and facilities, and U l t i m a t e l y, t h e explicitly prohibit false government’s crackdown representations about the o n m i s l e a d i n g quality of their services. advertisements in the Key Changes and New coaching sector is not Regulations just about regulating A notable aspect the market; it is about of the new guidelines safeguarding the integrity is the restriction on of our educational using students’ names, ecosystem. It is crucial photos, or testimonials to ensure that the system in advertisements without remains fair, transparent, their written consent. and genuinely supportive Importantly, consent of students and their must only be obtained a s p i r a t i o n s . T h e after a student’s success, government must also reducing the pressure take swift action to on students to sign prevent a repeat of the agreements prematurely. NEET-UG exam fiasco. Furthermore, coaching The NEET-UG exam centres will now be irregularities, which have required to disclose disrupted the lives of crucial details about lakhs of students and students featured in their devastated countless advertisements, such as families, lay bare their names, ranks, and the systemic failures course details. If a student of our institutions to paid for the course, this properly conduct public

INDOWIND ENERGY LIMITED

CIN: L40108TN1995PLC032311

������������������������������������������������������������������������ ���������������������������������������������������������������� EXTRACT OF STATEMENT OF FINANCIAL RESULTS FOR THE QUARTER ENDED 30.09.2024


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(Rs. In Lakhs)
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(Rs. In Lakhs)
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(Rs. In Lakhs)
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Total income from operations(Gross)
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Tax, Exceptional and ExtraordinaryItems)
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1345.02
403.72
����������
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547.39
144.47
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1795.70
402.06
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4184.18
661.02
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(after Exceptional and ExtraordinaryItems)
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(after Exceptional and ExtraordinaryItems)
Total Comprehensive Income for the
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period (after tax) and other comprehensive
403.72
441.70
441.10
144.47
168.93
161.25
402.06
495.49
502.94
556.02
726.89
711.67
Income(after tax))
Paid upEquityShare Capital of Rs.10/- each 12880.17 10733.48 10733.48 10733.48
Reserves(excludingRevaluation Reserve) - - - 12982.95
Earnings Per Share (of `Rs.10/- each)
(for continuingand discontinued operations)
Basic(in Rs.): 0.34 0.16 0.47 0.68
Diluted(in Rs.):
Note: 1. Additional information on Standalone
0.34
0.16
0.47
Financial Results pursuant to Reg. 47(1)(b)
0.68
(Rs. In Lakhs)
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Total income from Operations
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Total Comprehensive Income
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1019.01
350.11
388.12
396.76
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288.55
121.54
146.00
154.46
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1401.82
401.68
495.11
503.05
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3017.12
367.47
538.35
554.05
  1. The above is an extract of the detailed format of quarterly results for the quarter ended on 30[th] September ������������������������������������������������������������������������������������������������ Requirements) Regulations, 2015. The full formats of the Standalone and Consolidated Financial Results �������������������������������������������������������������������������������������������������� ���������������������������������[th] November, 2024 and the same are available on the Stock Exchange �������������������������������������������������������������������������������������� For INDOWIND ENERGY LIMITED Place : Chennai Sd./- N K Haribabu Date : 13th November, 2024 Whole-Time Director & CFO

4

14 11 2024

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  25.01.2024 
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 25.01.2024    S.   
      
     
    ‘‘ ’’
03.12.2024   10.30    





   .
2024    12  
.
.  
 
 
 –1
.2,   ,

 , ,
–600 104
–600 044
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