| (Rs. in Million) |
| Particulars | Mar 2025 | Mar 2024 | Mar 2023 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 |
| Share Capital | 526.25 | 500.00 | 50.00 |
| Equity - Authorised | 730.00 | 730.00 | 50.00 |
| Equity - Issued | 526.25 | 500.00 | 50.00 |
| Equity Paid Up | 526.25 | 500.00 | 50.00 |
| 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 | 5.00 | 5.00 | 10.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 | 0.00 |
| Total Reserves | 1510.16 | 294.75 | 549.38 |
| Securities Premium | 792.13 | 0.00 | 0.00 |
| Capital Reserves | 0.00 | 0.00 | 0.00 |
| Profit & Loss Account Balance | 725.97 | 288.09 | 549.01 |
| General Reserves | 0.00 | 0.00 | 0.00 |
| Other Reserves | -7.94 | 6.66 | 0.37 |
| Reserve excluding Revaluation Reserve | 1510.16 | 294.75 | 549.38 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | 2036.41 | 794.75 | 599.38 |
| Minority Interest | 0.02 | 0.00 | 0.00 |
| Long-Term Borrowings | 0.00 | 0.00 | 0.00 |
| Secured Loans | 1292.50 | 1025.59 | 206.11 |
| 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 | 1402.51 | 1046.99 | 271.30 |
| Term Loans - Institutions | 74.90 | 120.88 | 37.52 |
| Other Secured | -184.91 | -142.28 | -102.71 |
| 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 | -20.78 | -8.60 | -21.00 |
| Deferred Tax Assets | 40.81 | 20.24 | 23.77 |
| Deferred Tax Liability | 20.03 | 11.64 | 2.77 |
| Other Long Term Liabilities | 201.27 | 256.98 | 110.94 |
| Long Term Trade Payables | 0.00 | 0.00 | 0.00 |
| Long Term Provisions | 24.67 | 12.64 | 8.03 |
| Total Non-Current Liabilities | 1497.66 | 1286.61 | 304.08 |
| Current Liabilities | 0 | 0 | 0 |
| Trade Payables | 344.74 | 302.73 | 100.09 |
| Sundry Creditors | 344.74 | 302.73 | 100.09 |
| Acceptances | 0.00 | 0.00 | 0.00 |
| Due to Subsidiaries- Trade Payables | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 453.37 | 262.48 | 158.93 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 | 0.00 |
| Advances received from customers | 65.72 | 1.23 | 1.00 |
| Interest Accrued But Not Due | 0.00 | 0.00 | 0.00 |
| 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 | 387.65 | 261.25 | 157.93 |
| Short Term Borrowings | 1793.52 | 1119.20 | 572.75 |
| Secured ST Loans repayable on Demands | 1569.14 | 952.10 | 427.01 |
| Working Capital Loans- Sec | 1569.14 | 952.10 | 427.01 |
| Buyers Credits - Unsec | 0.00 | 0.00 | 0.00 |
| Commercial Borrowings- Unsec | 0.00 | 0.00 | 0.00 |
| Other Unsecured Loans | -1344.76 | -785.00 | -281.27 |
| Short Term Provisions | 116.82 | 95.48 | 95.52 |
| Proposed Equity Dividend | 0.00 | 0.00 | 0.00 |
| Provision for Corporate Dividend Tax | 0.00 | 0.00 | 0.00 |
| Provision for Tax | 108.43 | 85.98 | 87.41 |
| Provision for post retirement benefits | 0.00 | 0.00 | 0.00 |
| Preference Dividend | 0.00 | 0.00 | 0.00 |
| Other Provisions | 8.39 | 9.50 | 8.11 |
| Total Current Liabilities | 2708.45 | 1779.89 | 927.29 |
| Total Liabilities | 6242.54 | 3861.25 | 1830.75 |
| ASSETS | 0 | 0 | 0 |
| Gross Block | 3180.72 | 2563.41 | 848.43 |
| Less: Accumulated Depreciation | 760.31 | 375.12 | 165.14 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 |
| Net Block | 2420.41 | 2188.29 | 683.29 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 256.12 | 0.00 | 52.07 |
| 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 | 103.63 | 162.85 | 153.02 |
| Other Non Current Assets | 26.72 | 0.01 | 0.01 |
| Total Non-Current Assets | 2816.26 | 2355.32 | 892.51 |
| Current Assets Loans & Advances | 0 | 0 | 0 |
| Currents Investments | 24.39 | 22.57 | 0.00 |
| Quoted | 24.39 | 22.57 | 0.00 |
| Unquoted | 0.00 | 0.00 | 0.00 |
| Inventories | 1791.42 | 914.47 | 536.83 |
| Raw Materials | 560.15 | 214.05 | 97.26 |
| Work-in Progress | 323.58 | 165.00 | 128.31 |
| Finished Goods | 602.06 | 324.41 | 222.55 |
| Packing Materials | 25.48 | 8.89 | 4.07 |
| Stores and Spare | 0.00 | 0.00 | 0.00 |
| Other Inventory | 280.15 | 202.12 | 84.64 |
| Sundry Debtors | 1280.65 | 434.90 | 334.17 |
| Debtors more than Six months | 25.14 | 0.31 | 0.07 |
| Debtors Others | 1255.51 | 434.59 | 334.10 |
| Cash and Bank | 51.33 | 22.80 | 17.78 |
| Cash in hand | 1.55 | 2.85 | 1.20 |
| Balances at Bank | 49.78 | 19.95 | 16.58 |
| Other cash and bank balances | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 32.46 | 16.15 | 4.99 |
| 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 | 0.00 | 0.00 | 0.00 |
| Prepaid Expenses | 13.92 | 7.67 | 1.39 |
| Other current_assets | 18.54 | 8.48 | 3.60 |
| Short Term Loans and Advances | 246.03 | 95.04 | 44.47 |
| Advances recoverable in cash or in kind | 135.42 | 27.51 | 20.97 |
| 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 | 110.61 | 67.53 | 23.50 |
| Total Current Assets | 3426.28 | 1505.93 | 938.24 |
| Net Current Assets (Including Current Investments) | 717.83 | -273.96 | 10.95 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 | 0.00 |
| Total Assets | 6242.54 | 3861.25 | 1830.75 |
| Contingent Liabilities | 2.04 | 2.04 | 0.00 |
| Total Debt | 3306.27 | 2304.87 | 888.11 |
| Book Value | 19.35 | 7.95 | 119.88 |
| Adjusted Book Value | 19.35 | 7.95 | 5.99 |
