Integrated Filing — IndAS

General information about company
Scrip Code	541303
NSE Symbol	AKSHAR
MSEI Symbol	NOTLISTED
ISIN	INE256Z01025
Name of company	AKSHAR SPINTEX LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	10-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	03-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	SPINNING OF COTTON YARN
Start date and time of board meeting	10-May-2025   15:15:00
End date and time of board meeting	10-May-2025   15:55:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	No
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	Yes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	No
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	Yes
No. of times funds raised during the quarter	1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	Yes

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	305835000	1167691000
	Other income	8516000	22779000
	Total income	314351000	1190470000
2	Expenses
(a)	Cost of materials consumed	240786000	845298000
(b)	Purchases of stock-in-trade	12513000	124070000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	10577000	38022000
(d)	Employee benefit expense	16329000	53917000
(e)	Finance costs	1298000	10895000
(f)	Depreciation, depletion and amortisation expense	11597000	46389000
(f)	Other Expenses
1	Other Expenses	33996000	130654000
	Total other expenses	33996000	130654000
	Total expenses	327096000	1249245000
3	Total profit before exceptional items and tax	-12745000	-58775000
4	Exceptional items	0	0
5	Total profit before tax	-12745000	-58775000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	-1320000	-14295000
9	Total tax expenses	-1320000	-14295000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	-11425000	-44480000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	-11425000	-44480000
17	Other comprehensive income net of taxes	7000	283000
18	Total Comprehensive Income for the period	-11418000	-44197000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	787468000	535047000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		0
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-0.01	-0.08
	Diluted earnings (loss) per share from continuing operations	-0.01	0.08
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	-0.01	-0.08
	Diluted earnings (loss) per share from continuing and discontinued operations	-0.01	0.08
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1 The Company's financial results for the quarter & year ended 31st March, 2025 have been reviewed by the Audit Committee and subsequently approved & taken on record by the Board of Directors of the Company at its meeting held on 10th May, 2025. The statutory auditors have expressed an unmodified audit opinion on these financial results. n2 The financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 Ind AS prescribed under section 133 of The Companies Act 2013 and Regulation 33 of SEBI Listing Obilgation and Disclosure Requirement Regulation 2015 as amended and circulars and notifications issued thereunder. n3 The Company's Operations fall under a single segment Spinning of Cotton Yarn. Hence, Segment reporting is not applicable as perIndian Accounting Standard IndAS 108 Segment Reporting. n4 The Code on Social Security, 2020 the Code has been enacted, which may impact the employee related contributions made by the Company. The effective date from which the changes are applicable is yet to be notified. The Ministry of Labour and Employment the Ministry has released draft rules for the Code on November 13 2020. The Company will complete its evaluation and will give appropriate impact in its financial results in the period in which the Code becomes effective and the related rules are published. n5 Figures of previous reporting periods have been regrouped/reclassified wherever necessary to correspond with the figures of the current reporting period. n6 These financial results have been extracted from the audited financial statements. Figures for the quarter ended March 31 2025 represent the difference between the audited figures in respect of full financial years and the published figures for the nine months ended December 31 2024. n n7.The board of directors has held its meeting held on August 17 2024 has approved issuance of 48,74,80,500 Right Equity Shares at Price of Rs.1 per equity share in the ratio of 13 thirteen Rights Equity Shares for every 8 Eight Equity Shares held by the eligible shareholders as on the Record date i.e. 23rd August 2024. The issue is fully subscribed and the company has completed allotment of shares on October 7 2024. Furthermore,the proceeds from Right Issue have been maintained in separate Share Issue Allotment Account to ensure proper utilization and accounting. n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	372046000
	Capital work-in-progress
	Investment property
	Goodwill	0
	Other intangible assets	0
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets
	Total non-current financial assets	0
	Deferred tax assets (net)	6947000
	Other non-current assets	24111000
	Total non-current assets	403104000
2	Current assets
	Inventories	427402000
	Current financial asset
	Current investments	0
	Trade receivables, current	77298000
	Cash and cash equivalents	321000
	Bank balance other than cash and cash equivalents	27671000
	Loans, current	0
	Other current financial assets	45335000
	Total current financial assets	150625000
	Current tax assets (net)
	Other current assets
	Total current assets	578027000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	981131000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	787468000
	Other equity	94647000
	Total equity attributable to owners of parent	882115000
	Non controlling interest
	Total equity	882115000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	38746000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities
	Total non-current financial liabilities	38746000
	Provisions, non-current	1970000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	40716000
	Current liabilities
	Current financial liabilities
	Borrowings, current	20666000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	22543000
	Total Trade payable	22543000
	Other current financial liabilities	6593000
	Total current financial liabilities	49802000
	Other current liabilities	3418000
	Provisions, current	5080000
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	58300000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	99016000
	Total equity and liabilites	981131000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassifled to proflt or loss	10000	382000
	Total Amount of items that will not be reclassified to profit and loss	10000	382000
2	Income tax relating to items that will not be reclassified to profit or loss	3000	99000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	7000	283000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			-58775000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			10895000
	Adjustments for decrease (increase) in inventories			-186379000
	Adjustments for decrease (increase) in trade receivables, current			-27018000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-14931000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			-1756000
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-60900000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			1220000
	Adjustments for depreciation and amortisation expense			46389000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-161000
	Adjustments for provisions, non-current			943000
	Adjustments for other financial liabilities, current			441000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			1507000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			81000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-232683000
	Net cash flows from (used in) operations			-291458000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-291458000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			-25095000
	Purchase of property, plant and equipment			0
	Proceeds from sales of investment property			1000000
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			1507000
	Income taxes paid (refund)			4256000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-26844000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			487480000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			-130387000
	Repayments of borrowings			0
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-10895000
	Net cash flows from (used in) financing activities			346198000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			27896000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			27896000
	Cash and cash equivalents cash flow statement at beginning of period			98000
	Cash and cash equivalents cash flow statement at end of period			27994000

Signatory Details
Name of signatory	Harikrushna Samjibhai Chauhan
Designation of person	Director
Place	Haripar
Date	10-May-2025