| (Rs. in Millions) |
| Particulars | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 |
| Share Capital | 175.65 | 57.43 | 57.43 | 57.43 |
| Equity - Authorised | 245.00 | 13.90 | 13.90 | 12.90 |
| Equity - Issued | 175.65 | 10.33 | 10.33 | 10.33 |
| Equity Paid Up | 175.65 | 10.33 | 10.33 | 10.33 |
| Equity Shares Forfeited | 0.00 | 0.00 | 0.00 | 0.00 |
| Adjustments to Equity | 0.00 | 0.00 | 0.00 | 0.00 |
| Preference Capital Paid Up | 0.00 | 47.10 | 47.10 | 47.10 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Reserves | 408.31 | 391.69 | 306.81 | 177.89 |
| Securities Premium | 0.00 | 28.28 | 28.28 | 28.28 |
| Capital Reserves | 60.16 | 60.16 | 60.16 | 60.16 |
| Profit & Loss Account Balance | 7.74 | 4.85 | 9.02 | 3.36 |
| General Reserves | 219.06 | 176.10 | 86.10 | 86.10 |
| Other Reserves | 121.36 | 122.31 | 123.27 | 0.00 |
| Reserve excluding Revaluation Reserve | 286.95 | 269.38 | 183.55 | 177.89 |
| Revaluation reserve | 121.36 | 122.31 | 123.27 | 0.00 |
| Shareholder's Funds | 583.96 | 449.12 | 364.25 | 235.32 |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-Term Borrowings | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured Loans | 253.30 | 173.49 | 214.76 | 237.38 |
| Non Convertible Debentures | 0.00 | 0.00 | 0.00 | 0.00 |
| Converible Debentures & Bonds | 0.00 | 0.00 | 0.00 | 0.00 |
| Packing Credit - Bank | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate & Security Deposit | 0.00 | 0.00 | 0.00 | 0.00 |
| Term Loans - Banks | 14.30 | 4.15 | 25.90 | 55.64 |
| Term Loans - Institutions | 168.12 | 147.13 | 126.64 | 100.26 |
| Other Secured | 70.89 | 22.21 | 62.23 | 81.49 |
| Unsecured Loans | 229.66 | 143.53 | 130.66 | 123.94 |
| Fixed Deposits - Public | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans and advances from subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreign Currency Convertible Notes | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Loan in Foreign Currency | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Banks | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Govt. | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Others | 229.66 | 143.53 | 130.57 | 123.63 |
| Other Unsecured Loan | 0.00 | 0.00 | 0.08 | 0.31 |
| Deferred Tax Assets / Liabilities | 40.34 | 31.86 | 23.85 | 15.34 |
| Deferred Tax Assets | 1.39 | 1.11 | 0.70 | 0.55 |
| Deferred Tax Liability | 41.73 | 32.98 | 24.55 | 15.89 |
| Other Long Term Liabilities | 20.96 | 46.40 | 37.68 | 30.13 |
| Long Term Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 |
| Long Term Provisions | 4.86 | 4.08 | 2.50 | 1.95 |
| Total Non-Current Liabilities | 549.13 | 399.35 | 409.44 | 408.75 |
| Current Liabilities | 0 | 0 | 0 | 0 |
| Trade Payables | 60.27 | 114.24 | 79.98 | 52.34 |
| Sundry Creditors | 60.27 | 114.24 | 79.98 | 52.34 |
| Acceptances | 0.00 | 0.00 | 0.00 | 0.00 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 160.55 | 151.29 | 134.63 | 180.32 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 | 0.00 | 0.00 |
| Advances received from customers | 4.32 | 1.38 | 3.23 | 6.60 |
| Interest Accrued But Not Due | 0.13 | 0.06 | 0.00 | 0.00 |
| Share Application Money | 0.00 | 0.00 | 0.00 | 0.00 |
| Current maturity of Debentures & Bonds | 0.00 | 0.00 | 0.00 | 0.00 |
| Current maturity - Others | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 156.11 | 149.85 | 131.40 | 173.72 |
| Short Term Borrowings | 731.78 | 469.02 | 381.31 | 289.62 |
| Secured ST Loans repayable on Demands | 622.08 | 404.92 | 337.84 | 270.02 |
| Working Capital Loans- Sec | 527.66 | 359.15 | 314.29 | 236.42 |
| Buyers Credits - Unsec | 0.00 | 0.00 | 0.00 | 0.00 |
| Commercial Borrowings- Unsec | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loans | -417.96 | -295.06 | -270.82 | -216.82 |
| Short Term Provisions | 52.06 | 20.17 | 1.12 | 4.77 |
| Proposed Equity Dividend | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for Corporate Dividend Tax | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for Tax | 51.68 | 19.06 | 0.30 | 4.57 |
| Provision for post retirement benefits | 0.00 | 0.00 | 0.00 | 0.00 |
| Preference Dividend | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Provisions | 0.39 | 1.11 | 0.82 | 0.20 |
| Total Current Liabilities | 1004.66 | 754.71 | 597.04 | 527.04 |
| Total Liabilities | 2137.75 | 1603.18 | 1370.73 | 1171.11 |
| ASSETS | 0 | 0 | 0 | 0 |
| Gross Block | 1344.38 | 998.33 | 860.63 | 562.70 |
| Less: Accumulated Depreciation | 268.07 | 193.94 | 129.06 | 68.37 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 1076.31 | 804.39 | 731.57 | 494.33 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 1.47 | 0.00 | 0.00 | 7.91 |
| Non Current Investments | 0.20 | 0.20 | 0.20 | 34.20 |
| Long Term Investment | 0.20 | 0.20 | 0.20 | 34.20 |
| Quoted | 0.00 | 0.00 | 0.00 | 0.00 |
| Unquoted | 0.20 | 0.20 | 0.20 | 34.20 |
| Long Term Loans & Advances | 1.95 | 16.22 | 14.32 | 14.27 |
| Other Non Current Assets | 22.47 | 9.83 | 7.58 | 11.05 |
| Total Non-Current Assets | 1102.39 | 830.64 | 753.67 | 561.77 |
| Current Assets Loans & Advances | 0 | 0 | 0 | 0 |
| Currents Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| Quoted | 0.00 | 0.00 | 0.00 | 0.00 |
| Unquoted | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 595.90 | 415.39 | 362.69 | 295.89 |
| Raw Materials | 221.96 | 147.22 | 129.43 | 116.09 |
| Work-in Progress | 144.59 | 96.24 | 56.75 | 75.27 |
| Finished Goods | 208.23 | 148.32 | 160.57 | 93.66 |
| Packing Materials | 0.00 | 0.00 | 0.00 | 0.00 |
| Stores and Spare | 21.11 | 23.61 | 15.94 | 10.88 |
| Other Inventory | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry Debtors | 307.05 | 266.01 | 164.58 | 153.20 |
| Debtors more than Six months | 2.82 | 0.19 | 9.11 | 0.00 |
| Debtors Others | 304.24 | 265.82 | 155.47 | 153.20 |
| Cash and Bank | 19.97 | 7.88 | 39.39 | 34.33 |
| Cash in hand | 4.07 | 0.25 | 0.46 | 0.30 |
| Balances at Bank | 15.89 | 7.63 | 38.93 | 34.03 |
| Other cash and bank balances | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 43.31 | 23.00 | 8.95 | 16.08 |
| Interest accrued on Investments | 0.00 | 0.00 | 0.66 | 0.46 |
| Interest accrued on Debentures | 0.00 | 0.00 | 0.00 | 0.00 |
| Deposits with Government | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest accrued and or due on loans | 0.00 | 0.00 | 0.00 | 0.00 |
| Prepaid Expenses | 4.37 | 1.25 | 3.81 | 5.06 |
| Other current_assets | 38.94 | 21.75 | 4.48 | 10.57 |
| Short Term Loans and Advances | 69.13 | 60.28 | 41.45 | 109.85 |
| Advances recoverable in cash or in kind | 65.61 | 54.01 | 35.50 | 52.85 |
| Advance income tax and TDS | 0.50 | 0.33 | 0.67 | 0.36 |
| Amounts due from directors | 0.00 | 0.00 | 0.00 | 0.00 |
| Due From Subsidiaries | 0.13 | 1.84 | 1.69 | 35.25 |
| Inter corporate deposits | 0.00 | 0.00 | 0.00 | 0.00 |
| Corporate Deposits | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Loans & Advances | 2.89 | 4.10 | 3.60 | 21.39 |
| Total Current Assets | 1035.36 | 772.55 | 617.05 | 609.34 |
| Net Current Assets (Including Current Investments) | 30.70 | 17.83 | 20.01 | 82.30 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 2137.75 | 1603.18 | 1370.73 | 1171.11 |
| Contingent Liabilities | 39.94 | 0.00 | 0.00 | 0.00 |
| Total Debt | 1322.10 | 888.28 | 816.53 | 720.76 |
| Book Value | 26.34 | 270.72 | 187.65 | 182.17 |
| Adjusted Book Value | 26.34 | 15.92 | 11.04 | 10.72 |