Batliboi Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2025

Notes to Standalone Financial Results:

1) The above unaudited standalone financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules 2015 as amended from time to time. The above unaudited standalone financial results were reviewed by Audit Committee and approved by Board of Directors at their meeting held on 8th August 2025 and have been subject to limited review by the statutory auditors of the Company.

2) The Company operates in one segment as 'Industrial Equipment', since there is no other reportable segment as defined under Ind AS 108 "Operating Segments", no separate disclosure has been given.


3) During the previous year, the Scheme of Amalgamation and Arrangement under Section 230-232 and other applicable provisions of the Companies Act 2013, for amalgamation of Batliboi Environmental Engineering Limited ('Amalgamating Company') with the Company was sanctioned by the Hon'ble National Company Law Tribunal ('NCLT'), Mumbai Bench vide order dated 24th March 2025. The Appointed date of the Scheme was 1st April 2023 and in terms of the Scheme all the assets, liabilities, reserves and surplus of the Amalgamating Company has been transferred to and vested in the Company. Consequent to the Scheme coming into effect, in accordance with the share exchange ratio as specified in the Scheme, the Company had to allot 1,26,81,963 equity shares of Rs. 5/- each and 2,70,000 8% Redeemable Non-Cumulative preference shares of Rs. 100/- each to the equity and preference shareholders of the Amalgamating Company. The equity shares have been allotted on 24th June 2025 and the allotment of preference shares is in process.

The amalgamation had been accounted under the 'pooling of interest' method in accordance with Appendix C of Ind AS 103 ' Business Combinations'. Accordingly, comparative financial results for the quarter ended 30th June 2024 have been reinstated to give effect of the Amalgamation.

4) During the quarter, new subsidiary of the Company namely Bioconserve Renewables Envirotech Private Limited have been incorporated on 8th April 2025 and it holds 51% of the equity share capital and exercises control over the said subsidiary.

5) The Company had decided to sell a part of Land and Building out of the total factory land and building located at Surat which is disclosed as Non-Current Asset held for sale. The Company continues to look for a buyer.

6) Following are the details of Standalone gross sales values of business handled including the values pertaining to agency business handled for which the Company earns commission :
Rs. In Lakhs
Particulars S T A N D A LO N E
Quarter ended Year ended
30.06.2025 31.03.2025 30.06.2024 31.03.2025
(Un-Audited) (Un-Audited) (Un-Audited) (Un-Audited)
Gross value of Business Handled (Including agency business) 12,422.94 22,149.23 14,093.95 66,247.21

7) The figures for the previous periods/year have been reclassified/regrouped where ever necessary.

For and on behalf of Board of Directors
Batliboi Ltd.





Sanjiv Joshi
Place: Mumbai Managing Director
Date : 8th August 2025 DIN : 08938810