| (Rs. in Millions) |
| Particulars | Mar 2025 | Mar 2024 | Mar 2023 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 |
| Share Capital | 166.84 | 7.31 | 6.50 |
| Equity - Authorised | 240.00 | 110.00 | 6.50 |
| Equity - Issued | 166.84 | 7.31 | 6.50 |
| Equity Paid Up | 166.84 | 7.31 | 6.50 |
| Equity Shares Forfeited | 0.00 | 0.00 | 0.00 |
| Adjustments to Equity | 0.00 | 0.00 | 0.00 |
| Preference Capital Paid Up | 0.00 | 0.00 | 0.00 |
| Face Value | 10.00 | 10.00 | 10.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 | 0.00 |
| Total Reserves | 190.02 | 50.64 | 5.21 |
| Securities Premium | 28.83 | 15.39 | 0.00 |
| Capital Reserves | 0.00 | 0.00 | 0.00 |
| Profit & Loss Account Balance | 161.19 | 35.25 | 5.21 |
| General Reserves | 0.00 | 0.00 | 0.00 |
| Other Reserves | 0.00 | 0.00 | 0.00 |
| Reserve excluding Revaluation Reserve | 190.02 | 50.64 | 5.21 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | 356.86 | 57.95 | 11.71 |
| Minority Interest | 0.00 | 0.00 | 0.00 |
| Long-Term Borrowings | 0.00 | 0.00 | 0.00 |
| Secured Loans | 59.19 | 45.48 | 36.65 |
| Non Convertible Debentures | 0.00 | 0.00 | 0.00 |
| Converible Debentures & Bonds | 0.00 | 0.00 | 0.00 |
| Packing Credit - Bank | 0.00 | 0.00 | 0.00 |
| Inter Corporate & Security Deposit | 0.00 | 0.00 | 0.00 |
| Term Loans - Banks | 59.19 | 45.48 | 36.65 |
| Term Loans - Institutions | 0.00 | 0.00 | 0.00 |
| Other Secured | 0.00 | 0.00 | 0.00 |
| Unsecured Loans | 0.00 | 0.00 | 0.00 |
| Fixed Deposits - Public | 0.00 | 0.00 | 0.00 |
| Loans and advances from subsidiaries | 0.00 | 0.00 | 0.00 |
| Inter Corporate Deposits (Unsecured) | 0.00 | 0.00 | 0.00 |
| Foreign Currency Convertible Notes | 0.00 | 0.00 | 0.00 |
| Long Term Loan in Foreign Currency | 0.00 | 0.00 | 0.00 |
| Loans - Banks | 0.00 | 0.00 | 0.00 |
| Loans - Govt. | 0.00 | 0.00 | 0.00 |
| Loans - Others | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loan | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets / Liabilities | -13.57 | -8.51 | 1.30 |
| Deferred Tax Assets | 17.46 | 10.43 | 0.23 |
| Deferred Tax Liability | 3.89 | 1.93 | 1.53 |
| Other Long Term Liabilities | 0.00 | 0.00 | 0.00 |
| Long Term Trade Payables | 0.00 | 0.00 | 0.00 |
| Long Term Provisions | 1.13 | 0.40 | 0.16 |
| Total Non-Current Liabilities | 46.76 | 37.38 | 38.11 |
| Current Liabilities | 0 | 0 | 0 |
| Trade Payables | 201.66 | 108.59 | 15.50 |
| Sundry Creditors | 201.66 | 108.59 | 15.50 |
| Acceptances | 0.00 | 0.00 | 0.00 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 78.93 | 21.10 | 10.16 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 | 0.00 |
| Advances received from customers | 18.46 | 4.98 | 0.40 |
| Interest Accrued But Not Due | 16.18 | 3.96 | 0.60 |
| Share Application Money | 0.00 | 0.00 | 0.00 |
| Current maturity of Debentures & Bonds | 0.00 | 0.00 | 0.00 |
| Current maturity - Others | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 44.29 | 12.17 | 9.16 |
| Short Term Borrowings | 284.35 | 122.00 | 62.09 |
| Secured ST Loans repayable on Demands | 113.08 | 31.02 | 12.88 |
| Working Capital Loans- Sec | 0.00 | 0.00 | 0.00 |
| Buyers Credits - Unsec | 0.00 | 0.00 | 0.00 |
| Commercial Borrowings- Unsec | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loans | 171.26 | 90.99 | 49.21 |
| Short Term Provisions | 17.30 | 7.66 | 0.91 |
| Proposed Equity Dividend | 0.00 | 0.00 | 0.00 |
| Provision for Corporate Dividend Tax | 0.00 | 0.00 | 0.00 |
| Provision for Tax | 17.29 | 7.66 | 0.91 |
| Provision for post retirement benefits | 0.00 | 0.00 | 0.00 |
| Preference Dividend | 0.00 | 0.00 | 0.00 |
| Other Provisions | 0.01 | 0.00 | 0.00 |
| Total Current Liabilities | 582.23 | 259.36 | 88.66 |
| Total Liabilities | 985.85 | 354.68 | 138.48 |
| ASSETS | 0 | 0 | 0 |
| Gross Block | 173.65 | 78.89 | 57.03 |
| Less: Accumulated Depreciation | 14.64 | 6.34 | 2.32 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 |
| Net Block | 159.01 | 72.55 | 54.72 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 78.28 | 2.69 | 0.00 |
| Non Current Investments | 0.00 | 0.00 | 0.00 |
| Long Term Investment | 0.00 | 0.00 | 0.00 |
| Quoted | 0.00 | 0.00 | 0.00 |
| Unquoted | 0.00 | 0.00 | 0.00 |
| Long Term Loans & Advances | 9.21 | 1.81 | 0.04 |
| Other Non Current Assets | 0.00 | 0.00 | 0.00 |
| Total Non-Current Assets | 246.50 | 77.05 | 54.76 |
| Current Assets Loans & Advances | 0 | 0 | 0 |
| Currents Investments | 0.00 | 0.00 | 0.00 |
| Quoted | 0.00 | 0.00 | 0.00 |
| Unquoted | 0.00 | 0.00 | 0.00 |
| Inventories | 172.28 | 153.70 | 47.86 |
| Raw Materials | 64.16 | 10.25 | 6.67 |
| Work-in Progress | 37.78 | 18.70 | 14.36 |
| Finished Goods | 43.66 | 95.45 | 23.48 |
| Packing Materials | 26.68 | 29.29 | 3.35 |
| Stores and Spare | 0.00 | 0.00 | 0.00 |
| Other Inventory | 0.00 | 0.00 | 0.00 |
| Sundry Debtors | 472.07 | 86.11 | 13.88 |
| Debtors more than Six months | 27.84 | 0.79 | 0.18 |
| Debtors Others | 444.22 | 85.32 | 13.70 |
| Cash and Bank | 28.83 | 2.79 | 0.25 |
| Cash in hand | 0.84 | 0.33 | 0.06 |
| Balances at Bank | 27.98 | 2.46 | 0.19 |
| Other cash and bank balances | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 15.57 | 1.58 | 1.94 |
| Interest accrued on Investments | 0.00 | 0.00 | 0.00 |
| Interest accrued on Debentures | 0.00 | 0.00 | 0.00 |
| Deposits with Government | 0.00 | 0.00 | 0.00 |
| Interest accrued and or due on loans | 0.44 | 0.00 | 0.00 |
| Prepaid Expenses | 15.13 | 0.17 | 0.34 |
| Other current_assets | 0.00 | 1.40 | 1.60 |
| Short Term Loans and Advances | 50.60 | 33.46 | 19.79 |
| Advances recoverable in cash or in kind | 29.75 | 12.93 | 7.52 |
| Advance income tax and TDS | 0.00 | 0.00 | 0.00 |
| Amounts due from directors | 0.00 | 0.00 | 0.00 |
| Due From Subsidiaries | 0.00 | 0.00 | 0.00 |
| Inter corporate deposits | 0.00 | 0.00 | 0.00 |
| Corporate Deposits | 0.00 | 0.00 | 0.00 |
| Other Loans & Advances | 20.85 | 20.53 | 12.27 |
| Total Current Assets | 739.35 | 277.63 | 83.72 |
| Net Current Assets (Including Current Investments) | 157.12 | 18.27 | -4.94 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 | 0.00 |
| Total Assets | 985.85 | 354.68 | 138.48 |
| Contingent Liabilities | 0.00 | 0.00 | 0.00 |
| Total Debt | 357.63 | 176.95 | 104.28 |
| Book Value | 21.39 | 79.27 | 18.02 |
| Adjusted Book Value | 21.39 | 3.77 | 0.86 |