| (Rs. in Millions) |
| Particulars | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 | 0 |
| Share Capital | 590.00 | 390.00 | 390.00 | 390.00 | 390.00 |
| Equity - Authorised | 800.00 | 800.00 | 800.00 | 800.00 | 600.00 |
| Equity - Issued | 590.00 | 390.00 | 390.00 | 390.00 | 390.00 |
| Equity Paid Up | 590.00 | 390.00 | 390.00 | 390.00 | 390.00 |
| Equity Shares Forfeited | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Adjustments to Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preference Capital Paid Up | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Reserves | 443.60 | -1857.68 | -1173.26 | -817.21 | -562.70 |
| Securities Premium | 4252.71 | 520.61 | 520.61 | 520.61 | 520.61 |
| Capital Reserves | 81.23 | 81.23 | 81.23 | 81.23 | 81.23 |
| Profit & Loss Account Balance | -4338.72 | -2907.90 | -2223.48 | -1419.06 | -1164.54 |
| General Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Reserves | 448.37 | 448.37 | 448.37 | 0.00 | 0.00 |
| Reserve excluding Revaluation Reserve | 443.60 | -1857.68 | -1173.26 | -817.21 | -562.70 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | 1033.60 | -1467.68 | -783.26 | -427.21 | -172.70 |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-Term Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured Loans | 6352.65 | 6348.06 | 6094.04 | 3080.82 | 0.00 |
| Non Convertible Debentures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Converible Debentures & Bonds | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Packing Credit - Bank | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate & Security Deposit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Term Loans - Banks | 7032.65 | 6614.47 | 6094.04 | 3080.82 | 0.00 |
| Term Loans - Institutions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Secured | -680.00 | -266.41 | 0.00 | 0.00 | 0.00 |
| Unsecured Loans | 7105.12 | 7617.02 | 5381.56 | 4936.79 | 2417.51 |
| Fixed Deposits - Public | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans and advances from subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign Currency Convertible Notes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Loan in Foreign Currency | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Banks | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Govt. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Others | 6403.15 | 6975.91 | 6213.69 | 3936.79 | 1417.51 |
| Other Unsecured Loan | 701.97 | 641.11 | -832.13 | 1000.00 | 1000.00 |
| Deferred Tax Assets / Liabilities | -1194.84 | -996.51 | -763.08 | -481.36 | -391.62 |
| Deferred Tax Assets | 2234.89 | 1795.79 | 763.08 | 640.45 | 574.43 |
| Deferred Tax Liability | 1040.05 | 799.28 | 0.00 | 159.09 | 182.81 |
| Other Long Term Liabilities | 9.87 | 0.51 | 0.46 | 0.46 | 0.46 |
| Long Term Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Provisions | 193.04 | 127.46 | 109.69 | 101.58 | 59.42 |
| Total Non-Current Liabilities | 12465.84 | 13096.54 | 10822.68 | 7638.29 | 2085.78 |
| Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 632.92 | 578.92 | 507.39 | 50.97 | 76.09 |
| Sundry Creditors | 464.34 | 578.92 | 507.39 | 50.97 | 76.09 |
| Acceptances | 168.58 | 0.00 | 0.00 | 0.00 | 0.00 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 1678.26 | 2207.21 | 2603.30 | 1237.88 | 587.14 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Advances received from customers | 468.24 | 1334.77 | 0.38 | 5.15 | 3.55 |
| Interest Accrued But Not Due | 112.54 | 136.19 | 101.68 | 68.83 | 449.81 |
| Share Application Money | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current maturity of Debentures & Bonds | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current maturity - Others | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 1097.48 | 736.25 | 2501.24 | 1163.89 | 133.78 |
| Short Term Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 47.50 |
| Secured ST Loans repayable on Demands | 0.00 | 0.00 | 0.00 | 0.00 | 47.50 |
| Working Capital Loans- Sec | 0.00 | 0.00 | 0.00 | 0.00 | 47.50 |
| Buyers Credits - Unsec | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Commercial Borrowings- Unsec | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loans | 0.00 | 0.00 | 0.00 | 0.00 | -47.50 |
| Short Term Provisions | 7.75 | 4.85 | 1.72 | 2.29 | 3.59 |
| Proposed Equity Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for Corporate Dividend Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for post retirement benefits | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preference Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Provisions | 7.75 | 4.85 | 1.72 | 2.29 | 3.59 |
| Total Current Liabilities | 2318.93 | 2790.98 | 3112.42 | 1291.14 | 714.32 |
| Total Liabilities | 15818.37 | 14419.84 | 13151.83 | 8502.21 | 2627.40 |
| ASSETS | 0 | 0 | 0 | 0 | 0 |
| Gross Block | 12061.85 | 11538.26 | 1226.12 | 1511.86 | 1647.45 |
| Less: Accumulated Depreciation | 803.62 | 1195.14 | 871.69 | 390.17 | 365.33 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 11258.23 | 10343.13 | 354.44 | 1121.69 | 1282.11 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 1048.04 | 1100.49 | 8901.81 | 4593.31 | 292.72 |
| Non Current Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Investment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Quoted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unquoted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Loans & Advances | 1536.06 | 565.14 | 998.73 | 1600.11 | 689.21 |
| Other Non Current Assets | 379.00 | 749.99 | 776.64 | 130.96 | 46.08 |
| Total Non-Current Assets | 14303.33 | 13036.05 | 11177.84 | 7488.65 | 2328.92 |
| Current Assets Loans & Advances | 0 | 0 | 0 | 0 | 0 |
| Currents Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Quoted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unquoted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 646.52 | 446.05 | 322.79 | 113.36 | 118.97 |
| Raw Materials | 7.44 | 2.71 | 8.32 | 4.99 | 54.11 |
| Work-in Progress | 166.90 | 64.77 | 90.72 | 92.28 | 18.06 |
| Finished Goods | 213.70 | 204.20 | 100.62 | 0.00 | 2.66 |
| Packing Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stores and Spare | 196.93 | 45.33 | 19.57 | 7.74 | 25.68 |
| Other Inventory | 61.55 | 129.04 | 103.57 | 8.35 | 18.46 |
| Sundry Debtors | 5.78 | 0.00 | 79.92 | 0.25 | 18.85 |
| Debtors more than Six months | 13.77 | 13.03 | 13.03 | 13.18 | 14.31 |
| Debtors Others | 5.04 | 0.00 | 79.92 | 0.00 | 16.96 |
| Cash and Bank | 33.36 | 98.78 | 26.85 | 133.13 | 79.69 |
| Cash in hand | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Balances at Bank | 33.36 | 98.78 | 26.85 | 133.13 | 79.69 |
| Other cash and bank balances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 396.30 | 72.24 | 23.05 | 8.37 | 3.39 |
| Interest accrued on Investments | 49.84 | 36.21 | 22.83 | 0.00 | 1.22 |
| Interest accrued on Debentures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deposits with Government | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest accrued and or due on loans | 0.00 | 0.00 | 0.00 | 7.79 | 0.00 |
| Prepaid Expenses | 309.54 | 32.81 | 0.23 | 0.57 | 2.17 |
| Other current_assets | 36.92 | 3.22 | 0.00 | 0.00 | 0.00 |
| Short Term Loans and Advances | 433.08 | 766.72 | 1521.38 | 758.46 | 77.58 |
| Advances recoverable in cash or in kind | 159.16 | 109.79 | 188.73 | 8.38 | 2.80 |
| Advance income tax and TDS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Amounts due from directors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Due From Subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter corporate deposits | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Corporate Deposits | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Loans & Advances | 273.92 | 656.93 | 1332.65 | 750.08 | 74.79 |
| Total Current Assets | 1515.03 | 1383.79 | 1973.99 | 1013.56 | 298.48 |
| Net Current Assets (Including Current Investments) | -803.90 | -1407.18 | -1138.42 | -277.58 | -415.84 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 15818.37 | 14419.84 | 13151.83 | 8502.21 | 2627.40 |
| Contingent Liabilities | 371.33 | 361.33 | 340.18 | 257.71 | 247.71 |
| Total Debt | 14137.76 | 14231.48 | 12893.11 | 8017.61 | 2465.00 |
| Book Value | 3.50 | -7.53 | -4.02 | -2.19 | -0.89 |
| Adjusted Book Value | 3.50 | -7.03 | -3.75 | -2.04 | -0.83 |