NOCIL Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2024

The Statement of Standalone & Consolidated Unaudited Financial Results for the quarter ended 30 June 2024 ("Financial Results") are prepared and published in accordance with Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as amended, have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 8 August 2024. These Financial Results have been subjected to limited review by the statutory auditors of the Nocil Limited ("the Company"). These Financial Results are prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards 34 - 'Interim Financial Reporting' (Ind AS - 34), as prescribed under Section 133 of the Companies Act, 2013, read with the relevant Rules issued thereunder and other accounting principles generally accepted in India.



The Company is primarily engaged in the business of manufacture of Rubber Chemicals, which in the context of Indian Accounting Standard (Ind AS) 108 on ' Operating Segments ', constitutes a single reportable segment.



The Statement of Consolidated Unaudited Financial Results of NOCIL Limited have been prepared in accordance with Ind AS 110 - 'Consolidated Financial Statements'. The Financial results of the wholly owned subsidiary company, PIL Chemicals Limited (together referred to as the NOCIL Group), have been consolidated with the Company.



The figures for the quarter ended 31 March 2024, as reported in these Financial Results are the balancing figures between audited figures in respect of the full financial year ended 31 March 2024 and the published year-to-date figures up to the end of the third quarter of that financial year.



The figures for the corresponding previous periods have been regrouped, wherever necessary to conform with current period's classification.