RSWM Limited — Interim / Quarterly Report 2023

Nov 14, 2022

RSWM Limited

an LNJ Bhilwara Group Company

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PROUD TO BE INDIAN PRIVILEOED TO BE OLOBAL

RSWM/SECTT /2021 November 14, 2022

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BSE Limited National Stock Exchange oflndia Limited Corporate Relationship Department, Listing Department, - 1st Floor, New Trading Ring, Exchange Plaza, C-1, Block G, Rotunda Building, P.J. Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), MUMBAI - 400 001. MUMBAI - 400 051. Code: 500350 Code: RSWM

Sub: Outcome of Board Meeting dated 14th November, 2022

Dear Sir,

Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are sending herewith the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended 30[1h ] September, 2022, the Statement of Assets and Liabilities and Statement of Cash Flow as approved by the Board of Directors at their meeting held today i.e. 14t[h ] November, 2022 along with Limited Review Report issued by the Statutory Auditors' thereon.

The meeting of the Board of Directors commenced at 2:30 P.M. and concluded at 5:00 P.M.

Thanking you,

Yours faithfully,

For RSWM LIMITED

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SURENDER GUPTA

VP - LEGAL & COMP ANY SECRETARY FCS-2615

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Encl.: As above

(Formerly Rajasthan Spinning & Weaving Mills Limited)

Corporate Office : Website: www.rswm.in GSTIN: 09AAACR9700M1Z1 Fax: +91-120-4277841 Bhilwara Towers, A-12, Sector-1 Tel: +91-120-4390300 (EPABX) Noida - 201 301 (NCR-Delhi), India

Regd. Office :

GSTIN: 08AAACR9700M1Z3 Dist!. Bhilwara, (Rajasthan), India Tel.: +91-1483-223144 to 223150, 223478 Website: www.lnjbhilwara.com Fax: +91-1483-223361, 223479 Kharigram, P. B. No. 28, Post Office Guiabpura - 311 021

Corporate Identification Number: L 17115RJ1960PLC008216

Lodha & Co Chartered Accountants 12, Bhagat Singh Marg, New Delhi-110 001

S S Kothari Mehta & Company

Chartered Accountants Plot No-68, Okhla Industrial Area, Phase Ill, New Delhi -110020

Independent Auditor's Review Report on Quarterly and Half Yearly ended Standalone Unaudited Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To

The Board of Directors ofRSWM Limited

1. We have reviewed the accompanying statement of unaudited standalone financial results of RSWM Limited ('the Company') for the quarter and half year ended 30th September, 2022(the "Statement") attached herewith, being submitted by the Company pursuant to the requirements 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 Ind AS-34, "Interim Financial Reporting" prescribed u/s 133 of the Companies Act, 2013 (as amended) read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Statement based on our review.

3. We conducted our review in accordance with the Standard on Review Engagement (SRE 2410) "Review of Interim financial information performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial results are free of material misstatement. A review is limited primarily to enquiries of the Company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

4. Based on our review conducted as above , nothing has come to our attention that causes us to believe that the accompanying Statement of unaudited standalone financial results prepared in accordance with the applicable Accounting Standards i.e. India Accounting Standards ('Ind AS') prescribed u/s 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other recognised accounting practices and policies generally accepted in India has not disclosed the information required to be disclosed in terms of the Listing Regulation, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Lodha & Co.

Chartered Accountants Firm's Registration No. 3 0105 lE

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For S S Kothari Mehta & Company
Chartered Accountants
Firm's Registration No. 000756N
Partner •
M. No. 093214 �
UDIN:
Place: Naida
Date: 14.11.2022
\J01tJ� ' 9 �'Zllf gD�?VP:f·G\S-
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Lodha & Co. Chartered Accountants 12, Bhagat Singh Marg, New Delhi -110 001

SS Kothari Mehta & Company

Chartered Accountants Plot No-68, Okhla Industrial Area, Phase Ill, New Delhi -110020

Independent Auditor's Review Report on the Quarterlyand Hair Year EndedConsolidated Unaudited Financial Results of RSWM Limited pursuant to the Regulation 33of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

To

The Board ofDirectors of RSWM Limited

1. We have reviewed the accompanying Statement of unaudited Consolidated Financial Results of RSWM Limited (herein after referred to as "the company") and its share of net profit/(loss) after tax and total comprehensive income/(loss) of its associates for the quarter and Half Year Endedended September 30, 2022 ("the statement"),attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,("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 Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. 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. A review of interim financial information consists of making inquiries, primarily of persons 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 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.

We also performed procedures in accordance with the Circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, to the extent applicable.

1. The Statement includes the results of the following associates: a) Bhilwara Energy Limited (BEL) b) LNJ Skills & Rozgar Private Limited (LNJ SKILLS)

2. Based on our review conducted and procedures performed as stated in paragraph 3 above, and based on the consideration of the review reports of other auditors referred to in paragraph 8 below, 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 the Regulation 33 of the Listing Regulations including the manner in which it Is to be disclosed, or that it contains any material misstatement.

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Lodha & Co. Chartered Accountants 12, Bhagat Singh Marg, New Delhi -110 001

SS Kothari Mehta & Company

Chartered Accountants Plot No-681 Okhla Industrial Area, Phase Ill, New Delhi -110020

6. Material Uncertainty Related to Going Concern of a Subsidiary of an Associate

In case of ChangoYangthang Hydro Power Limited (CYHPL), a subsidiary of an associate "Bhilwara Energy Limited (BEL)",the board of directors of CYHPL had decided and surrendered the ChangoYangthang HEP (180 MW) project to Directorate of Energy, Government of Hlmachal Pradesh due to delay and uncertainty in project execution and long delay in Government approvals and licenses lapse the ,CHYPL has written off Capital Work in progress during the year 2017-18 amounting to� 27.13 crores (Company indirect share of� 2.05 Crores). These events or conditions, along with other matters, indicate that there exists material uncertainty that may cast significant doubt on the CYHPL's ability to continue as a going concern since the CYHPL'swas incorporated as a Special Purpose Vehicle for this particular project. This matter was reported under heading "Material uncertainty related to Going Concern" in the auditor's report on Consolidated Financial results of an associates (BEL).

Our conclusion is not modified in respect of this matter.

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Attention is drawn to:

a) In case CYHPL, the CYHPL has surrendered ChangoYangthang HEP (180MW) project in Himachal Pradesh and asked for the refund of Upfront premium of � 37.89 Crores (Company indirect share of ' 2.86 Crores) and Security Deposit of ' 1.80 Crores (Company indirect share of ' 0.14 Crores) with interest since the project is not executable purely on account of various social-legal issues neither in the control of the CYHPL nor in the control of local administration/authorities.

GoHP has formed a committee to deal with the issues of various projects which includes ChangoYangthang Hydro Power Limited (CYHPL). On the direction of GoHP, a public meeting was conveyed, in which the villagers categorically refused for development of any Hydro Electric project in the Hangrang valley including 180 MW ChangoYangthang HEP and refused to co-operate on the issue of development of any project. During the meeting called for by the committee, CHYPL categorically refused to execute the project in view of severe local issue and lapse of clearances for the project. Committee has noted the same.

In View of this, CHYPL has reiterated its demand for refund of money along with the Interest and the management of CYHPL is confident of recovering the Upfront Fees and Security Deposit paid on account of surrender of project, in full.

• b) In case of Malana Power Company Llmlted(MPCL), a subsidiary of an associate (BEL), the below matter which describes the uncertainty relating to the effects of outcome of litigation with Himachal Pradesh State Electricity Board (HPSEBL):

On April 27, 2019, MPCL has received provisional net demand of ' 80.69 Crores (Company indirect share of� 3.11 Crores) in relation to wheeling charges for the period

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Lodha & Co. Chartered Accountants 12, Bhagat Singh Marg, New Delhi -110 001

SS Kothari Mehta & Company

Chartered Accountants Plot No-68, Okhla Industrial Area, Phase Ill, New Delhi -110020

Aprill, 2008 to March 31, 2019 from Himachal Pradesh State Electricity Board Limited (HPSEBL) based on an order passed by the Himachal Pradesh Electricity Regulatory Commission(HPERC),. In this regard the MPCL has paid under protest an amount of� 28.17 Crores (Company indirect share of" 1.09 Crores). Based on the legal opinion obtained, the MPCL is of the view that demand is not legally tenable and would not result in any material liability on the MPCL for the period on or before March, 2019 and accordingly has filed an appeal before ElectricityAppellate tribunal (APTEL),on April 24,2019 at New Delhi, which is pending adjudication with APTEL.

• c) In case of A.O. Hydro Power Limited (ADHPL), a step down subsidiary of an associate (BEL), the below matter which describes the uncertainty relating to the effects of outcome of litigation with three parties using the transmission line:

On October 17, 2019, the Central Electricity Regulatory Commission (CERC) passed an Order on the Dedicated Transmission System of AD Hydro Power Limited for three parties using the transmission line for transmitting the energy in which CERC stated the following:

(i) With regards to transmission charges, CERC approved the capital cost of Dedicated Transmission System at !{ 238.92 Crores (indirect share of Company !{ 9.21 Crores) as against the capital cost submitted by ADHPL of !{ 416.61 Crores (indirect share of Company U6.06 Crores)(on the date of COD)/ !{452.84Crores (indirect share of Company U7.46 Crores)((with additional capitalization)and accordingly determined the annual fixed cost (Transmission Tariff) for using transmission line for the period 201112 to 2018-19. Accordingly, ADHPL determined the amount invoiced over and above the amount which should have been invoiced based on capital cost and fixed cost determined by CERC for the above stated period amounting to !{96.68 Crores (indirect share of Company !{ 3.73 Crores). The management of ADHPL is of the view that the methods used to derive the capital cost by the CERC are not in accordance with the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations ("regulations") for the period 2009-14 and 2014-19 and Electricity Act. 2003.

(ii) With respect to matter detailed in (i) above, ADHPL had filed an appeal against the CERC Order before Appellate Tribunal for Electricity (APTEL) in October 2019. APTEL vide Order dated 17 October 2019 stayed the CERC's order so far as raising adjustment of bills was concerned along with the direction to continue to issue the future bills in accordance with the CERC Order till the appeal is finally disposed-off. The Respondents were directed to pay charges in terms of the order for use of the transmission line of ADHPL. ADHPL has accordingly started raising the invoices based on the CERC order effective 18th October, 2019 and recognized as transmission income.

(iii) Accordingly, in the financials of ADHPL, trade receivables aggregating to U9.22Crores (indirect share of Company !{ 1.13 Crores) related to the aforesaid amount are considered good and fully recoverable and in the opinion of the Management of ADHPL, no provision is required in respect of possible exposure aggregating to !{67.46 Crores (indirect share of Company!{ 2.60 Crores) towards amount already collected from the users of Dedicated Transmission Line till September 30, 2022.

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Lodha & Co. Chartered Accountants 12, Bhagat Singh Marg, New Delhi -110 001

SS Kothari Mehta & Company

Chartered Accountants

Plot No-68, Okhla Industrial Area, Phase Ill, New Delhi -110020

Pending litigation and final decision on the appeal by APTEL, the Management of ADHPL, based on the legal opinion, is of the view that the above CERC Order is not legally tenable and would not have any material liability on ADHPL.

(iv) With regards to transmission losses, CERC directed to share the losses between the parties using the transmission line on the basis of weekly average losses in proportion to the scheduled energy on weekly basis instead of a flat charge of 4.75% charged by ADHPL as per the Interim Power Transmission Agreement (IPTA) signed between parties and accordingly directed the Northern Regional Load Dispatch Centre (NRLDC) to re·compute the same which is presently under stay. However, the management of ADHPL is confident that the actual transmission losses to be computed by NRLDC would not be materially different in comparison with current flat charge of 4.75% and there would not be any material impact on the financial results.

• d) In case of BG Wind Power Limited (BGWPL), a subsidiary of an associate (BEL) where the Power Purchase Agreement (PPA) with DISCOM has expired on March 31, 2019. BG Wind Power Limited, subsidiary of associate is pursuing for Power Purchase Agreement (PPA) with DISCOM@ � 3.14 per kwh as per RERC third amendment regulation dated 5th March 2019 for the entire duration of the project.The DISCOM has yet not renewed the PPA.During the period, BGWPL has continued to recognise Revenue from Sale of Power of U.64 Crores and Generation Based Incentive (GB!) of �0.26 Crores (Company indirect share of �0.14 Crores ) and shown under Unbilled Revenue as the Management of the BGWPL believes that PPA will be signed. BGWPL has filed the writ petition with Rajasthan High Court, Jaipur in this regard and the matter is still undecided as hearing is continued.

• e) In case of NJC Hydro Power Limited (NHPL), a subsidiary of an associate (BEL), where the project of is on hold for quite some time due to suspension of environment clearance by Hon'ble National Green Tribunal and thereafter Wildlife Institute of India (Wll) in its report has mentioned that project could not be undertaken at the project site.

As per directions of Hon'ble Supreme Court, arbitration notice was sent to GoAP and have also indicated the name of arbitrator. Simultaneously, efforts were initiated to settle the issue by mutual negotiations.

As the project is not doable any more, the management of NHPL has decided not to implement the project and sought the refund of upfront premium of� 25.47 Crores (Company indirect share of� 1.93 Crores) from GoAP invoking the clauses of MoA and presently the matter is under litigation with GoAP.

Accordingly, the Board of Directors of NHPL on dated 15th June 2022 decided to write­ off Capital Work-in-Progress (CWIP) including pre-operative expenses net of waiver of loan from Holding Company (Bhilwara Energy Limited (BEL)) charged to the statement of profit & loss during the previous quarter except the upfront premium paid.

The above Emphasis of matters were reported in the review report of consolidatedfinancialresults of an associate (BEL).The opinion of the auditor of the associate company is not modified in respect of matters stated above. Our conclusion is not modified in respect of above matters.

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SS Kothari Mehta & Company Chartered Accountants Plot No-68, Okhla Industrial Area, Phase Ill, New Delhi -110020

Lodha & Co. Chartered Accountants 12, Bhagat Singh Marg, New Delhl-110 001

8. Other Matters

We did not review the interim financial results and other financial information in respect of 2 associates included in the consolidated financial results, whose interim financial results/information reflect total net profit/(loss) of '{ 6.39 Croresand 10.50 Crores .and total comprehensive Income/ (loss) of'{ 6.39 Croresand 10.50 Crores for the quarter and half year ended September 30, 2022 respectively as considered in the consolidated unaudited financial results. The interim financial results have been reviewed by other auditors whose reports are furnished to us by the management and our conclusion on the statement, in so far as it relates to the amounts and disclosure included in respect of these associates is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above.

Our conclusion on the statement is not modified in respect of the above matter.

ForLODHA & CO.

Chartered Accountants

Firm's Registration No. 301051E

ForSSKothari Mehta & Company Chartered Accountants Finn's Registrati 1 No. 000756N

(GAURAVLODHA) Partner

M. No. 507462 UDIN: 2.2 t;:)ll/f,)_ A,_D(�C, F ])7J_L{ J Place: Noida Date: 14.11.2022

(YOGESI K. GUPTA)

Partner

M. No. 093214 Place: Noida Date: 14.11.2022 UDIN: 210'i'3'2J U.1So8� c �°tb io

RSWM LIMITED ON:l17 5RJ1%0Pl0l08216

Regd. Oce: KharignJm, P.O. Gu/sbpura, Dis. Bhifwara, Rajasthan - 311021 Phone. +91[-] 1483-223144 to 223150. Fax: +91-1483-223361. 223479 Corporar� Oce: Bhilwara Towers, A-12, Sector - 1, Noida-201 301 (U.P)

Phone: +91[-] 120-43903 (EPABX), Fax: +91-12042n841, Website:w.rs�)n,E;nail:rswm_investor@lnibhilwara.com

Unaudited Financial Results for the Quarter and Half Year Ended September 30, 2022

PART	/	(i Ce)	(i Ce)	(i Ce)	(i Ce)	(i Ce)	(i Ce)	(i Ce)	(i Ce)	(i Ce)	(i Ce)	(i Ce)	(i Ce)	(i Ce)	(i Ce)	(i Ce)	(i Ce)
Sr. No.	Paricular	Stndalone Quarer Ended Standalone Half Yer Ended					Sl e FinancialYer Ended				Consolidated Quarer Ended			ConsolidatedHirYear Ende			Csoli.l� Financial Year Ended March31, 2022
		September 30, 2022		June30� 2022	September 30, 2021 September30� 2022	September30, 2021			March31, 2022		September 30, 2022	June30, 2022	September 30, 2021	September30� 2022 Unaudied		�ptember30, 2021
		Unaudid		Unaudied	Unaudied Unaudied	Unaudied			Audied		Unaudied	Unaudie	Unaudied		Unaudied	Unaudied	Audied
I 2	lnome - - 11r�'eQ1erro�nons	953.79		1.02.Sl 31.6		1,694.99 14.68 l,70.67 942.19 - - - - 2.69 (SI.SS) 199.40 35.24 59.91 179:86 215 ·-��.33 10. -·- 105.34 - 105.3 18.3 (�!?�I 19.14 79.6			3-817.42		953.79	1.02.8	953.07		1.977.62	l.94.9	3.817.42
	bOtherincome 9.48 - olncome (a+b) 963.27 ~~I~~E . - •lCsof mter.consume 580-29 - b) l•oft�o 29-45 •) Cgininventories of fnished goods. stock in tade and work in (40.79) -- d)Enl�bnefitsce 109.95 elFincco 18.51 f Dio-a�rtizanon exp�nse 3.77 !Power&f�I---- ---- ·------ - 103.61 h)OC 9.13 Tow Epe 939? Prf+)o'(·J�&CePUOna1itemS&SharC-orProfic(+)/loSs ( 28.35 l ofAi!I-l__ - ------ - - bOl1i---- Profit(+)/oss(·lbefretax&-Shareof Proft(+)ILosS (�-) o( Assoiate(3 28.5 +-41 ShofPf r+) )- Pf(+)sH�(5- - L : Tax Expene- CurrentTax Taxoferl��r__yepv_1_�e�(wit�ebck)____. 0fe T4 NeP(+)s1-)fo tePenod(7-8) OCpe1v� lcr •)I ItemttVIInotbe reclassifie to proft or loss - 28.35 4.5 - 9.6 13.74 - 2.15 ince taxrelating to hem that will not be relassifed to profto IIIt- iii Share inOCTof Associates thatwillnotberelassifieto profitor lo b)1h I1"'" b rme toorcor los Ii IeLTdng10_lldthatwll � rl!fe10profi1 orloss Otd Cmpren1 lnccl(LO) for : pero Tom) Comprehenswclm;omef tep(9-/- 11) Pup EqunShareCapmf(Fc�zuc�10.£:-�!�re) OtEuit .Pe Sh:rc(�f�-�ech}���-�fort qunoc annul1sci) al!B b)Dilute --- - - - - - -- - (I.JO 0.38 1.43 15.17 23.55 5.83 5.83	9.48					- -		32.12 3,849.5 2,107.9 88.72 (60.73) 401.40 67.61 113.08 387-83 460.16 3,56.0 283.8 - 283.48 - 283.48 49.7 (11.78) 5.91 239.98		9.48 963.27 50.29 29.45 (40.79) L0.95 18.SI 34.77 103.61 9.13 93.92 28.35 - 28.5 6.39 3.74	31.3 1,055.19 615.63 26.79 (55.82) 108.71 18.60 27.4 110.29 108.78 9.a 94.77 - 94.77 4.11 98.� 16.5 10.9 71. (12.14) - - (1.72)	6.83 959.90 501-22 14.65 15.01 101.74 16.85 28.8 94.58 12UO 894..9 65.21 - 65-21 2.39 67.60 - 11.3 -49 44.75 l.77 (0.16) - (0.71)	-	40.79 14.68 2 1,709.67 1.195.92 942.19 5.24 23.69 - (96.61) (51.55) 218.6 199.40 37-11 35.24 6 59.91 213.90 179 207.86 215< 1.895.29 1,60.33 123.12 105. - 123.12 105.4 IO.SO 2.02 133.62 107. - 21.51 18.3 (11.78) 20.62 19.14 91.49 816 (9.99) 24.81 (2.78) 0.01 1u21 (0-1)		32.12 3,89.5 2,107.9 88.72 (60.73) 401.40 67.61 113.08 387.83 40.16 3,0 283.48 - 283.48 6.24 289.72 49.37 (11.78 5.91 246.22 (3.23) 0.2
				1,055.19 615.63 26.79 (55.82) 108.71 18.6 27.44 110.29 108.78 90.42 94.77 - 94.77 94.77 16.5 10.9
3 4 s � 6 7 g 9 10 11 12 13 14 15
											4.95 9.6 20.13
			4	67.25
				(1214) - . (J.721		f- 24.81 (1-78) (0.81) 0.28 21.So 101.14 23.55 -- 33.82 33.82			(3.23) 0.2		2.15 .
			5 O
									- 0.48 (0.171 (2-60) 237.38 23.55 974.9 101.90 101.90	8	- 11.lOl					0.01 (0-1)	(0.01) 0.48
			8 3 7								0.38 1.43 21.5 2.55 - 8.55 8.55	0.60 0.25 (13 8.I 45.90 23.5 .5 - - -JJ_ 30.30 30.30 !9.00		0.98 0.28 (11.3) 21.51 �M 103.17 25 23. -- - � - 38.85 >.67 J 34.67			- � (2.61) 243.61 l l,Oll. - IC ll.55
			5 3 3

RSWM LIMITED ON:Llnt5RJ1960PLOJ08216

Regd. O: Kharigom, P.O. Gulsbpura, Dls. Bhitwara, Rajasthan -311021 Phone: +91-1483-223144 to 223150, Fax.: +91-1483-223361. 223479

Corporate O: Bhifwara To�. A-12, Sector-1, Noida-201 301 (U.P) Phone: +91-12043903 (EPABX), Fax: +91-12042n84t, Website: w.rswm.in, E;nail:rswm investor@lnjbhilwara.com

Unaudited Financial Results for the Quarter and Half Year Ended September 30, 2022 SEGME TWISE AND LIABILITIES

							SEGMETSEREE ASSETAN LIAILIIE	SEGMETSEREE ASSETAN LIAILIIE	SEGMETSEREE ASSETAN LIAILIIE	SEGMETSEREE ASSETAN LIAILIIE	SEGMETSEREE ASSETAN LIAILIIE	SEGMETSEREE ASSETAN LIAILIIE	SEGMETSEREE ASSETAN LIAILIIE	SEGMETSEREE ASSETAN LIAILIIE	S	S	S	S	S	S	S	S	S	S
PAR/ Sr. No.		Paricular	Standalon												(in C0e)
							e Qurer Ended StandaloneHalfYer Ende						:mnuane Fin t Yur		Consolidated Qurer Ended					ConsolidateHalfYear Ende				\OPSOl�.l'O Financial Year .
			September J J,2022				une30, 2021		Seplember 30.2021 Sptember 30, 202? SptemM 3. 2021				March31, 2022		Sptember 3.2012	Jue30 . 20	�l<mb 22 J0.2021 Unaudied			September3, 202		September 30. 2021 March31,2021
			Unaudid Unaudid						Unaudied Unaudied Unaudied				Audied		Unudit	Unaudie				Unaudied		Unaudied Aud
I	�mentReveue																					I,il J..65 299.49 71.7• 1.11.92 4.0.39
	•	) Ya	-.11 886.62						830.0S 1.732.73 1.512.43				3. 4..5		86.11 222.13 l.0.24 114."5
	bl F3rc Total L�·interSc RU		ZlU 227.18 1.0.2 1.113.80 114.4� 89.97						18SJ! t,JS 62 953.07 "49.31 2181.04 204.42 l.77.2 29.49 71.74 I.SI1.92 •J9 116.94 248.97 1.694.98 3.17A2					1.74
																			7 2.182.0
																							4 248.97 8 l17.42
	NtlSalQ/ln�omefrm Open4i		95	.79 1.0l.83											953.1
	Smen1Re.uit								~~I~~
2
	ProfitI•V< H b a on l u from es S1) •lYa
			49	.3	2 79.60				sAS 128.92 14.5 359.						49.32 1 15.57} 5.1		3	8.45 128.92				146- 359.43
	b) Fabric		15' .Qi		1 5.13				( . 65 (0-�) (17.03) (21.}									~~(~~7.~~65~~ (OM)				(17.03) (91
	Tou1I				S 8.73				76.80 llS.48		129.S	l 337.� 67.60			.J.75 84.7		3	76.0 128.48				129.51 337.04
	Le_.1lt		18.51		1360				16.85 37.11		35.24				18.51 18.6		0 16.5 37.11					J5.4 67.60
	11Othc un-;\l�bl� cxptund ofwlloble loc p.f1+�Lobre T"" &Pot+)!)of Aiat SI•o Pf .)I·l ofA	11Othc un-;\l�bl� cxptund ofwlloble loc	(J.111 (26) 28.35 97 (56) 65! 11.751 123.12 (11.07 ~~(1~~4.�~~)~~ 105. 283.48												(3.11) (2.6 !5 2 94.77 61 13L75 {I1.07! (14.01 123.12 105- 283.-				13L75 {I1.07! (14.01
			28.35 97 65! 123.12
			-					- .			.
	lrftVLsJbon: Tu		25 94.7					7 65.21 123.12
s�mentAssets a)Yam 3 (a) b)Fabric Totl U-llO o Totl�ment Assec SmetLibiitie a)Ya 3(b) bl Fabric Total Un·allOlc To1lSm�r liabili1ie	s�mentAssets										1.55.
	a)Yam		1.789.09 1,935.3					1 1. 8.2 1.789.09				2 t.92.09			1.789.09 1,935.1 1.558.2 493.16 476 . 75 33.12 1.789 . 0 1,558.32 1.892.0 493 . 16 33.12 43.97
		)Fabric	493.16 476.7					5 33.12 493.16			33.12 434.97 1.91.4 2,327 . 0 245l 209 . 75
		Totl	2.282.25 2.412.0 211 203.31 2,493.05 2.615.37 1.91.44 2-5.ll 2,146.66 2.282.25 210.80 2.493.05												2.282.25 2.412.0 1.01 4 2 67 2J3 277.1 2.82.5 1.01.4 2.27.0 •;.7 277.91 1.6
	U-llO o														2 67
	Totl�ment Assec									2.493.05	2,14.6 2.6.1				2538.92	2,65.9 2.179.5 2,538.2 2,179.5 2.73.72
	SmetLibiitie
	a)Ya		1.131.94			1.20.12 951.6				2 1,131,94					l.131.94 l,20.72 951.62 1.131.94 951.62 1,171.6
		l Fabric	192.6			210.60 149.26									192.68 210.60 149.26 192.68 149.26 2226
		Total	1.24.62 159.61 1,48.2			1.411.32 1.100.8
	Un·allOlc To1lSm�r liabili1ie					151.52 1.52.8 183. 1,28. 159.61 1.484.2 183.48 144 . 47 15 .61 151.52 183.48 l,28. 1.38.27I 1.484. 2 1.2.8 l.28. l59.61 183.48 144.47 1,48.2 1,284. 1.38.27				159.61
3(<)Clpiml Erployr			1,008.82			1.05253 862.0 1.008.2 862.0 98. 1 05 ..69 1.093.55 894.9 l,05.69 894.9 1.035.45
:.�o*

Notes:

• 1 The above financial resuhs have b reviewed by the Audit Committ and subsequently approved and I.ken on record by the Board of Directors at its meeting held on November 14. 2022. The Limited Review for the quarter and half year ended Sep!ernber 30, 2022 results as required under Regulation 33 ofSEBI (Listing Obligations and Disclosure Requir ts) Regulations, 2015, has b canied ouc by the Statutmy Auditors.

• The Other Comprehensive Lo (00) that will not be reclaified to profit or lo in the SllU of the defined b t plansof�NJL(previous year� 0.92 Crore).

• t of Profit and Loss, includes unrealiz.ed loss on t r valuation of equity inves amounting to� 9.99 Crore (previous year � 2.31 Crore) and loss of remeasorements

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By Onleroflhe Boanl
For RSWM Limited
Joint Managing Director
DIN: 08195895
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Pl.ace: Noida (U. P.) Date: November 14, 2022

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"

RSWM LIMITED

CIN:L17115RJ1960PLC008216

Regd, Office: Kharigram, P.O. Gulabpura, Dlstt. Bhilwara, Rajasthan • 311021 Phone: +91-1483-223144 to 223150, Fax: +91-1483-223361, 223479

Corporate Office: Bhilwara Towers, A-12, Sector-1. Nolda· 201301 (UP) Phone: +91 -120-4390300 (EPABX). Fax +91 -1204277841, Website w .rswm in E-mail rswm mvestor@ln1btulwara com

STATEMENT OF ASSETS AND LIABILITIES AS ON SEPTEMBER 30, 2022

	Standalono (�inCrore) Consolidated	Standalono (�inCrore) Consolidated	Standalono (�inCrore) Consolidated	Standalono (�inCrore) Consolidated	Standalono (�inCrore) Consolidated	Standalono (�inCrore) Consolidated
s. No. Pariculars	AsatSoptembor 30, 2022	Aat Soptombor 30, 2021	As at March31.Aat September 2022 30, 2022		As at Soptombor 30, 2021	As at March31, 2022
	Unaudited Unaudited Audited 1,102.65 862 77 924.66 47.01 37 85 143.31 9 20 8.26 10.90 5 56 9.50 7.55 79.28 116.79 89,27 7 37 16.78 12.11 58.63 64 14 51 07 520.99 447 68 509 07 445.84 415.15 536.46 9.81 2.01 5.88 10.63 3.06 2.80 0.72 0.32 0.87 58.48 36.96 60.35 136.85 112.00 136.04 O. 13 37 46.47			Unaudited 1,102 65 4701 9 20 5.56 125.15 7 37 58.63 52099 445.84 9.81 10.63 0.72 58.48 136.65 0.03 Unaudited Audited 862 77 924 66 37 85 143 31 8.25 10 90 9.50 7.55 149.49 126.18 16.78 1211 614 51.07 447 68 50907 415.15 536.46 2.01 588 3 06 2 80 0.32 0.87 36.96 60.35 112.00 136.04 13.37 46.47
A I II Ill B I II ASSES Non Current Assets Property, Plant&Equipment Capital Work in Progress Investment Property Other Intangible Assets Financial Assets i Investments ii Other Financial Assets Other Non Current Assets Current Assets Inventories Financial Assets i Trade Receivables Ii Cash&Cash Equivalents iii Bank Balance Other than (ii) Above iv Loans v Other Financial Assets Other Current Assets AssetsClassifiedas Held for Sale TOTAL ASSETS EQUITY&LIABILITIES Equity (a) Equity Share Capital (b) Other Equity liabilities Non Current Liabilities Financial Liabilities i Long term Borrowings iaLease Liabilities ii Other Financial Liabilities Deferred tax Liabilities (net) Deferred Government Grants Other Non Current Liabilities Current liabilities Financial Liabilities i Borrowings iaLease Liabilities ii Trade Payables a Total Outstanding dues of micro enterprises and small enterprises b Total Outstanding dues of creditors other than micro enterprises and small enterprises iiiOther Financial Liabilities Provisions Deferred Government Grants Current Tax Liabilities (Net) Other Current Liabilities Liabilities Classified as Held for Sale TOTAL EQUITY ANDLIABILITIES
	2493.05 2146.66 2536.81 2538.92 23.55 23.55 23 55 23.55 985 27 838.75 974 99 1,031.14 460 50 275,89 461,68 460 50 0 09 2 25 013 0.09 2 86 3 29 594 2 86 83 41 79.66 63 77 83 41 9.79 0 66 0 42 9.79 1.03 567.67 604.62 640.84 567.87 0 21 1.00 0 32 0.21 15.62 13.05 25.34 15.62 110.88 100.95 139.37 110.88 99.51 86.37 74.62 99.51 0.18 1.84 0.30 0.18 1.24 0.53 0.53 1.24 7 56 6.23 4.07 7.56 124.51 106 97 120.91 124.51 003 2,493.0S 2, 146.66 2,536.81 2,538.92 2179.35 2573.72 23.55 23.55 871.44 1,011 90 275 89 461 68 2 25 0 1 3 329 594 79 66 6377 0.68 0 42 1.03 604.62 640.84 1.00 0.32 13.05 25.34 100.95 139.37 86.37 74,62 1.8 0.30 0.53 0.53 6.23 4.07 106.97 120.9 1 003 2, 179.35 2,573.72

Place: Nolda, (U.P.} Date: November 14, 2022

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By Order of the Board
Joint Managing Director
DIN : 08195895
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RSWM LIMITED

CIN:L17115RJ1960PLC008216

Regd. Office: Kharigram, P.O. Gulabpura, Distl. Bhilwara, Rajasthan - 311021

Phone: +91-1483-223144 lo 223150, Fax: +91-1483-223361, 223479

Corporate Office: Bhilwara Towers, A-12, Sector - 1, Noida - 201 301 (U.P)

Phone: +91-120-4390300 (EPABX), Fax: +91-1204277841, Website: www rswm in, E-meil:rswm invostor@lnjbhilwars com

STANDALONE STATEMENT OF CASH FLOW FOR THE HALF YEAR ENDED SEPTEMBER 30, 2022

		For the Half Year ended September30,2022 Unaudited 1 23.1 2 62. 1 3 (9.72) (1 .32) 0.1 8 37.10 (4.68) (1 .29) (0.86) 204.66 90.62 (2.68) (2.27) 4.74 (0,99] ( 1 1 .82) (1 1 .77) (38.21) 24.81 (3.08) 4.79 - 258.80 (18.02) 240.78 (1 28.32) 58.53 {0,02) 1 .87 1 .29 (66.65) 174.13 (58.56) 57.18 (72.77) (58.88) 10 1 &) (37 01) (1 70.20) 3.93 5.88 9.81 0.1 1 9.67 0.03 9.81 �inCrore) For the Half Year ended For thevearended September30,2021 March 31, 2022 Unaudited Audited 1 05.34 283.48 59.91 1 1 3.08 1.14 (6.61 ] (1.09) (3.1 1 ) (0.94) (1 .9 1) 35.47 68.07 (5.64) (6.75) (0 1 1 ) 101 1 ) (0.10) (0.09) 193.98 446.05 (37.10) (157.54) (0.76) (0.02) 6.47 (3.16] (6.98) (2.31) (24.71) (47.78) (0 _ 1 ) 0 52 2.73 160.09) (23.23) 27.48 14.88 3.17 (0.61) 2.03 32.89 31.49 (0.40) (1.95) 1 57.05 237.89 4.99 128.20) 1 62.04 209.69 (97,96) (355 81l 6 90 26 88 1 40 1 39 4.89 9.87 0.1 1 0 1 1 (84.66) (3 1 7.56) 77.38 (1 07.87) (77.68) (1 58.79) 242.85 35.76 96.03 - (0 5 1 ) (Q 77) 135 88) 68 ) (78.31) 1 1 0.81 (0.93) 2.94 2.94 2.94 2.01 5.88 0.20 0.09 181 5 79 2.01 5.88 By Order of the Board � M Sharma Joint Managing Director DIN : 081 95895	For the Half Year ended September30,2022 Unaudited 1 23.1 2 62. 1 3 (9.72) (1 .32) 0.1 8 37.10 (4.68) (1 .29) (0.86) 204.66 90.62 (2.68) (2.27) 4.74 (0,99] ( 1 1 .82) (1 1 .77) (38.21) 24.81 (3.08) 4.79 - 258.80 (18.02) 240.78 (1 28.32) 58.53 {0,02) 1 .87 1 .29 (66.65) 174.13 (58.56) 57.18 (72.77) (58.88) 10 1 &) (37 01) (1 70.20) 3.93 5.88 9.81 0.1 1 9.67 0.03 9.81 �inCrore) For the Half Year ended For thevearended September30,2021 March 31, 2022 Unaudited Audited 1 05.34 283.48 59.91 1 1 3.08 1.14 (6.61 ] (1.09) (3.1 1 ) (0.94) (1 .9 1) 35.47 68.07 (5.64) (6.75) (0 1 1 ) 101 1 ) (0.10) (0.09) 193.98 446.05 (37.10) (157.54) (0.76) (0.02) 6.47 (3.16] (6.98) (2.31) (24.71) (47.78) (0 _ 1 ) 0 52 2.73 160.09) (23.23) 27.48 14.88 3.17 (0.61) 2.03 32.89 31.49 (0.40) (1.95) 1 57.05 237.89 4.99 128.20) 1 62.04 209.69 (97,96) (355 81l 6 90 26 88 1 40 1 39 4.89 9.87 0.1 1 0 1 1 (84.66) (3 1 7.56) 77.38 (1 07.87) (77.68) (1 58.79) 242.85 35.76 96.03 - (0 5 1 ) (Q 77) 135 88) 68 ) (78.31) 1 1 0.81 (0.93) 2.94 2.94 2.94 2.01 5.88 0.20 0.09 181 5 79 2.01 5.88 By Order of the Board � M Sharma Joint Managing Director DIN : 081 95895	For the Half Year ended September30,2022 Unaudited 1 23.1 2 62. 1 3 (9.72) (1 .32) 0.1 8 37.10 (4.68) (1 .29) (0.86) 204.66 90.62 (2.68) (2.27) 4.74 (0,99] ( 1 1 .82) (1 1 .77) (38.21) 24.81 (3.08) 4.79 - 258.80 (18.02) 240.78 (1 28.32) 58.53 {0,02) 1 .87 1 .29 (66.65) 174.13 (58.56) 57.18 (72.77) (58.88) 10 1 &) (37 01) (1 70.20) 3.93 5.88 9.81 0.1 1 9.67 0.03 9.81 �inCrore) For the Half Year ended For thevearended September30,2021 March 31, 2022 Unaudited Audited 1 05.34 283.48 59.91 1 1 3.08 1.14 (6.61 ] (1.09) (3.1 1 ) (0.94) (1 .9 1) 35.47 68.07 (5.64) (6.75) (0 1 1 ) 101 1 ) (0.10) (0.09) 193.98 446.05 (37.10) (157.54) (0.76) (0.02) 6.47 (3.16] (6.98) (2.31) (24.71) (47.78) (0 _ 1 ) 0 52 2.73 160.09) (23.23) 27.48 14.88 3.17 (0.61) 2.03 32.89 31.49 (0.40) (1.95) 1 57.05 237.89 4.99 128.20) 1 62.04 209.69 (97,96) (355 81l 6 90 26 88 1 40 1 39 4.89 9.87 0.1 1 0 1 1 (84.66) (3 1 7.56) 77.38 (1 07.87) (77.68) (1 58.79) 242.85 35.76 96.03 - (0 5 1 ) (Q 77) 135 88) 68 ) (78.31) 1 1 0.81 (0.93) 2.94 2.94 2.94 2.01 5.88 0.20 0.09 181 5 79 2.01 5.88 By Order of the Board � M Sharma Joint Managing Director DIN : 081 95895	For the Half Year ended September30,2022 Unaudited 1 23.1 2 62. 1 3 (9.72) (1 .32) 0.1 8 37.10 (4.68) (1 .29) (0.86) 204.66 90.62 (2.68) (2.27) 4.74 (0,99] ( 1 1 .82) (1 1 .77) (38.21) 24.81 (3.08) 4.79 - 258.80 (18.02) 240.78 (1 28.32) 58.53 {0,02) 1 .87 1 .29 (66.65) 174.13 (58.56) 57.18 (72.77) (58.88) 10 1 &) (37 01) (1 70.20) 3.93 5.88 9.81 0.1 1 9.67 0.03 9.81 �inCrore) For the Half Year ended For thevearended September30,2021 March 31, 2022 Unaudited Audited 1 05.34 283.48 59.91 1 1 3.08 1.14 (6.61 ] (1.09) (3.1 1 ) (0.94) (1 .9 1) 35.47 68.07 (5.64) (6.75) (0 1 1 ) 101 1 ) (0.10) (0.09) 193.98 446.05 (37.10) (157.54) (0.76) (0.02) 6.47 (3.16] (6.98) (2.31) (24.71) (47.78) (0 _ 1 ) 0 52 2.73 160.09) (23.23) 27.48 14.88 3.17 (0.61) 2.03 32.89 31.49 (0.40) (1.95) 1 57.05 237.89 4.99 128.20) 1 62.04 209.69 (97,96) (355 81l 6 90 26 88 1 40 1 39 4.89 9.87 0.1 1 0 1 1 (84.66) (3 1 7.56) 77.38 (1 07.87) (77.68) (1 58.79) 242.85 35.76 96.03 - (0 5 1 ) (Q 77) 135 88) 68 ) (78.31) 1 1 0.81 (0.93) 2.94 2.94 2.94 2.01 5.88 0.20 0.09 181 5 79 2.01 5.88 By Order of the Board � M Sharma Joint Managing Director DIN : 081 95895
Parlculors A- Cash Flow FromOperatino Activities Proft /(Loss)Before Tax		For the Half Year ended	For the Half Year ended For thevearended September30,2021 March 31, 2022 Unaudited Audited
		September30,2022
		Unaudited
		1 23.1 2	1 05.34 283.48
Adjustmentsfor: DepreciDtlonand AmortlltionExpenses Net GainILoss on Sale ofProperty,Plant&Equipment Provisions Written Back Allowances forImpairmentLoss Allowance		62. 1 3	59.91 1 1 3.08
		(9.72) (1 .32) 0.1 8	1.14 (6.61 ] (1.09) (3.1 1 ) (0.94) (1 .9 1)
Finance Costs		37.10	35.47 68.07
Interest Income Dividend Income from Investments		(4.68)	(5.64) (6.75)
		(1 .29)	(0 1 1 ) 101 1 )
Forex Fluctuation on translation of Assets and Liabilities		(0.86)	(0.10) (0.09)
OperotlnQ Proft/(loss)beforeWorklnqCapitol Chanqes		204.66	193.98 446.05
(lncrease)/Decrease in Trade Receivables		90.62		(37.10) (157.54)
(lncrease)/Decrease in Current Financial Assets - Loans		(2.68)		(0.76) (0.02)
(lncreaseJ/Decrease in OtherCurrent Financial Assets		(2.27)		6.47	(3.16]
(lncreaseJ/Decrease InOther Non Current FinancialAssts		4.74		(6.98)	(2.31)
(lncrease)!DecreaseinOtherCurrentAssets		(0,99]		(24.71) (47.78)
(lncrease)/Decrease in Other Non Current Assets		( 1 1 .82) (1 1 .77)		(0 _ 1 ) 2.73	0 52 160.09) 27.48
Clncrease)/Decreasein Inventories
lncrease/JDecrease) In TradePayables		(38.21)		(23.23)
lncrease/(~~D~~reas) InOtherCurrent Financial Liabilities		24.81		14.88	3.17 2.03
lncrease/(Decreas) In Other NonCurrentFinancialLiabilites lncrease/(Decrease)inOther Current Liabilltles		(3.08)		(0.61)
		4.79		32.89	31.49
lncrease/(Decrease)in Other Non Current Liabilities		-		(0.40) (1.95)
Cashoeneratedfroi/(·sed In)Operations before Tax		258.80		1 57.05 237.89
Net Direct Taxespaid		(18.02)		4.99 128.20)
Net Cash Flow from/(used in)OperatingActivities j.Cash Flow FromInvestingActivities Aquisitionof Property, Plant&Equipment/Intangible Assets including Capital Advances Ptoceeds fromSaleofPropery,Plant&Equipment Movement of FixedDeposit Interest Received		240.78 (1 28.32) 58.53 {0,02) 1 .87		1 62.04 209.69
				(97,96) (355 81l 6 90 26 88 1 40 1 39 4.89 9.87
					1 39 9.87
Dividend Received		1 .29		0.1 1	0 1 1
Net Cash Fiow fror/(used In) Investing Activities
Net Cash flaO/(used In) Oper'ting andInvesting Activities		174.13	77.38		(1 07.87)
C. Cash Flow FromFlnoncin1 Activities
ReoavmentofBorrowings		(58.56)	(77.68) (1 58.79)
Proceeds fromBorrowings		57.18	242.85
ProceedsI(Repayment) of Shor Term Borrowinqs		(72.77)	35.76 96.03
Paymentof Dividend
RepaymentofLease Llabllities FinanceCosts
Net Cash from/(used In) Financing Activities		(1 70.20)	(78.31) 1 1 0.81 (0.93) 2.94
Net Cash from/(used In)Operating, lnvestinq&FlnancinqActivities Openlnq balance of Cash and CashEqulv1lents		3.93
		5.88	2.94 2.94
Closingbalance of Clsh and Cash Equivalents		9.81	2.01 5.88 0.20 0.09
Cash and Cash Equivalents included ln the Statement of CashFlow compriseort11e followlna:
I) Cash on Hand Ii) Balance with Banks :		0.1 1	0.20
•On Current Accounts		9.67	181		5 79
- Cheaues, Drafts on Hand Total		0.03 9.81	2.01 5.88
Place: Nolda, (U.P.) 0.. 0N�ombM \<,"{

Place: Nolda, (U.P.) 0 .. 0 N�ombM \<,

RSWM LIMITED

CIN:L17115RJ1960PLC008216

Regd. Office: Kharigram, P.O. Gulabpura, Distt. Bhilwara, Rajasthan - 311021 Phone: +91-1483-223144 to 223150, Fax: +91-1483-223361, 223479 Corporate Office: Bhilwara Towers, A-12, Sector - 1, Noida - 201 301 (U.P) Phone: +91-120-4390300 (EPABX), Fax: +91-1204277841, Website: www.rswm.in, E-moll:rswm.invostor@lnjbhllwore.com

CONSOLIDATED STATEMENT OF CASH FLOW FOR THE HALF YEAR ENDED SEPTEMBER 30, 2022

		For the Half Year ended For the Half Vear ended September30, 2022 September30, 2021 Unaudited Unaudited 1 33,62 107 36 (1 0.50) 12.02) 62. 1 3 59.91 (9.72) 1 .1 4 (1 .32) (1 .09) 0.18 (0.94) 3 7 1 0 35 .7 (4,66) (5.64) (1 .29) [0.1 1 ) (0.86) (0.1 0) 204.66 1 93.98 90.62 (37.10) (2.68) (0.76) (2.27) 6.47 4.74 (6.98) (0.99) [24.71 ) (1 1 .82) (0, 1 1 ) (1 1 .77) 2.73 (38.21) [23.23) 24.81 14.88 (3.08) (0.61) 4.79 32.89 (0.40) 258.80 157.05 (18.02) 4.99 240.78 1 62.04 (128,32) (97.96) 58,53 6.90 10.021 1.40 1 .87 4.89 1 .29 0,11 (66.65) (84.66) 1 74.13 77.38 (58.56) (77.68) 57.18 (72,77) 35.76 [58.88) - (0.16) (0.51) (37.01) (35.88) (170.20) (78.31 ) 3.93 (0.93) 5.88 2.94 9.81 2.01 0.1 1 0.20 9.67 1 .81 0.03 9.81 2.01 (' inCrore) For theyearended March 31, 2022 Audited 289.72 (6.24) 1 1 3.08 16.6 1 ) (3. 1 1) [1 .9 1 1 68.07 16.75) (0.1 1 ) <0.09) 446.05 (157.54) (0.02) (3. 1 6) (23 1 ) (47.781 0.52 (60.09) 27.48 3.17 2.03 3 1 .49 (1 95) 237.89 (2820) 209.69 (355 81) 26.88 1.39 9.87 0.1 1 !31 7.56) (1 07.87) (1 58.79) 242.85 96 03 (0.77) (68.51) 1 1 0.81 2.94 2.94 5.88 0.09 5.79 5.88	For the Half Year ended For the Half Vear ended September30, 2022 September30, 2021 Unaudited Unaudited 1 33,62 107 36 (1 0.50) 12.02) 62. 1 3 59.91 (9.72) 1 .1 4 (1 .32) (1 .09) 0.18 (0.94) 3 7 1 0 35 .7 (4,66) (5.64) (1 .29) [0.1 1 ) (0.86) (0.1 0) 204.66 1 93.98 90.62 (37.10) (2.68) (0.76) (2.27) 6.47 4.74 (6.98) (0.99) [24.71 ) (1 1 .82) (0, 1 1 ) (1 1 .77) 2.73 (38.21) [23.23) 24.81 14.88 (3.08) (0.61) 4.79 32.89 (0.40) 258.80 157.05 (18.02) 4.99 240.78 1 62.04 (128,32) (97.96) 58,53 6.90 10.021 1.40 1 .87 4.89 1 .29 0,11 (66.65) (84.66) 1 74.13 77.38 (58.56) (77.68) 57.18 (72,77) 35.76 [58.88) - (0.16) (0.51) (37.01) (35.88) (170.20) (78.31 ) 3.93 (0.93) 5.88 2.94 9.81 2.01 0.1 1 0.20 9.67 1 .81 0.03 9.81 2.01 (' inCrore) For theyearended March 31, 2022 Audited 289.72 (6.24) 1 1 3.08 16.6 1 ) (3. 1 1) [1 .9 1 1 68.07 16.75) (0.1 1 ) <0.09) 446.05 (157.54) (0.02) (3. 1 6) (23 1 ) (47.781 0.52 (60.09) 27.48 3.17 2.03 3 1 .49 (1 95) 237.89 (2820) 209.69 (355 81) 26.88 1.39 9.87 0.1 1 !31 7.56) (1 07.87) (1 58.79) 242.85 96 03 (0.77) (68.51) 1 1 0.81 2.94 2.94 5.88 0.09 5.79 5.88	For the Half Year ended For the Half Vear ended September30, 2022 September30, 2021 Unaudited Unaudited 1 33,62 107 36 (1 0.50) 12.02) 62. 1 3 59.91 (9.72) 1 .1 4 (1 .32) (1 .09) 0.18 (0.94) 3 7 1 0 35 .7 (4,66) (5.64) (1 .29) [0.1 1 ) (0.86) (0.1 0) 204.66 1 93.98 90.62 (37.10) (2.68) (0.76) (2.27) 6.47 4.74 (6.98) (0.99) [24.71 ) (1 1 .82) (0, 1 1 ) (1 1 .77) 2.73 (38.21) [23.23) 24.81 14.88 (3.08) (0.61) 4.79 32.89 (0.40) 258.80 157.05 (18.02) 4.99 240.78 1 62.04 (128,32) (97.96) 58,53 6.90 10.021 1.40 1 .87 4.89 1 .29 0,11 (66.65) (84.66) 1 74.13 77.38 (58.56) (77.68) 57.18 (72,77) 35.76 [58.88) - (0.16) (0.51) (37.01) (35.88) (170.20) (78.31 ) 3.93 (0.93) 5.88 2.94 9.81 2.01 0.1 1 0.20 9.67 1 .81 0.03 9.81 2.01 (' inCrore) For theyearended March 31, 2022 Audited 289.72 (6.24) 1 1 3.08 16.6 1 ) (3. 1 1) [1 .9 1 1 68.07 16.75) (0.1 1 ) <0.09) 446.05 (157.54) (0.02) (3. 1 6) (23 1 ) (47.781 0.52 (60.09) 27.48 3.17 2.03 3 1 .49 (1 95) 237.89 (2820) 209.69 (355 81) 26.88 1.39 9.87 0.1 1 !31 7.56) (1 07.87) (1 58.79) 242.85 96 03 (0.77) (68.51) 1 1 0.81 2.94 2.94 5.88 0.09 5.79 5.88
Pariculars A. Cash Flow FromOperating Activities ProftI(Loss) Before Tax Adjustmentsfor Share in(Profit)/Loss ofAssociates OeoreciatlonandAmorizationExpenses Net GainI Loss on Sale ofProperty, Plant& Equipment		For the Half Year ended	For the Half Vear ended For theyearended
		September30, 2022 Unaudited	September30, 2021 Unaudited 107 36 March 31, 2022 Audited 289.72
		1 33,62	107 36
		(1 0.50)	12.02)	(6.24)
		62. 1 3 (9.72)	59.91 1 .1 4	1 1 3.08 16.6 1 ) (3. 1 1)
Provisions WrittenBack		(1 .32)	(1 .09)
Allowances for Impairment Loss Allowance finance Costs		0.18	(0.94)	[1 .9 1 1
		3 7 1 0 (4,66)	35 .7 (5.64)	68.07 16.75)
Interest Income DividendIncomefrom Investments
		(1 .29)	[0.1 1 )	(0.1 1 )
Forex Fluctuation o n translation of Assets and Liabilities		(0.86) 204.66	(0.1 0) 1 93.98	<0.09) 446.05
Operating Proflt/(Loss)beforeWorkingCapital Changes
(lncreaseJ/Decrease InTradeReceivables		90.62	(37.10) (157.54)
(ln�rease)/Decrease inCurrentFinancial Assets- Loans (lncrease)/Decreas InOtherCurrentFinancial Assets		(2.68)	(0.76) (0.02)
		(2.27)	6.47 (3. 1 6)
(lncrease)/DecreaseinOther Non Current Financial Assets (lncrease)/Decrease in Other Current Assets		4.74 (0.99)	(6.98) [24.71 )	(23 1 ) (47.781
(lncrease)/Decrease in Other Non CurrentAssets (lncrease)/Oecrease i nInventories		(1 1 .82) (1 1 .77)	(0, 1 1 ) 2.73	0.52 (60.09)
lncrease/(Oecrease) in TradePayables		(38.21)	[23.23)	27.48
lncrease/(Decrease)inOtherCurrent Financial Liabilities		24.81	14.88	3.17 2.03
lncreas/(Decrease)InOther Non Current Finanial Liabilities lncrease/(Oecreas).Jn Other Current LlablUties		(3.08)	(0.61)
		4.79	32.89 3 1 .49
lncrease!(Decrease)InOther Non Current Liabilltles			(0.40) 157.05 (1 95) 237.89
Cashgeneratedfrom/(used In) Operationsbefore Tax		258.80
Net DirectTaxespaid		(18.02)	4.99 (2820)
Net Cash Flow from/(used in)OperatlnqActivities B. Cash Flow FromInvesting Activities		240.78	1 62.04 209.69
Acquisition of Property, Plant&Equipment/Intangible Assets including Capital Advances		(128,32)	(97.96) (355 81)
Procaeds fromSale ofPropertv,Plant&Equioment Movement of Fixed Deposit		58,53 10.021	6.90 1.40 26.88 1.39
Interest Received Dividend Received Net Cash Flow from/{used In)tnvestlnqActivities Not Cash from/(used In)Oocratingandlnv�tlngActivities C. Cash Flow FromFinancing Activities		1 .87 1 .29 (66.65) 1 74.13	4.89 0,11 (84.66) 77.38 9.87 0.1 1 !31 7.56) (1 07.87)
RepaymentofBorrowinqs		(58.56)	(77.68)	(1 58.79)
ProceedsfromBorrowinos		57.18		242.85
ProceedsI(Repayment)of Short TermBorrowings Pavmentof Dividend Repaymentof Lease Liabilities F1nancc Costs		(72,77) [58.88) (0.16) (37.01)	35.76 - (0.51) (35.88)	96 03 (0.77) (68.51)
Net Cash from/(used In)FlnanclnoActivities Net Cash from/(uscdIn) Oocratlna. Investing &Financlna Activities		(170.20) 3.93	(78.31 ) (0.93) 1 1 0.81 2.94
OpenInabalance of Cash and CashEquivalents Less: Transfer of Cashdue to loss ofcontrlorSubsidiar		5.88	2.94 2.94
Closing balance of Cash and Cash Equivalents Cash and Cash Equivalents included in the Statement of Cash Flow comprise of the following:		9.81	2.01 5.88
I)Cash on Hand Ii)Balance with Banks :		0.1 1	0.20 0.09
- On Current Accounts •Cheques, Drafts on Hand		9.67 0.03	1 .81 5.79
Total		9.81	2.01 5.88
Place:Neida,(U.P.) .T�4 Date: November14, 2022