Walchandnagar Industries Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2024

1. The above financial results have been prepared in accordance with Indian Accounting Standard as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 and the Companies (Indian Accounting Standard) Amendment Rules, 2021.
2. The above Financial Results have been reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors at its meeting held on February 06, 2025.
3.The company is engaged in segments namely Heavy Engineering, Foundry, Machine shop and Others. These segments have been reported in a manner consistent with the internal reporting provided to the Chief Operating Decision Maker.
4. During the Quarter the Company has recognized expense of Rs. 53 lakhs (Rs. 20 lakhs for the Q-3 F.Y. 2023-24) under "Employees Benefits Expenses" and alloted 32258 numbers of Equity Shares (50094 numbers of Equity Shares for the Q-3 F.Y. 2023-24) under the ESOP Scheme 2020.
5. Figures for the previous periods have been regrouped/reclassified where necessary, to confirm to the current period classification.