PITTIENG2023-07-012023-09-30 PITTIENG2023-07-012023-09-30 PITTIENG2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member PITTIENG2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member PITTIENG2023-09-30 PITTIENG2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member PITTIENG2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member PITTIENG2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member PITTIENG2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member PITTIENG2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member PITTIENG2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member PITTIENG2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member PITTIENG2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member PITTIENG2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member PITTIENG2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member PITTIENG2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member PITTIENG2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member PITTIENG2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member PITTIENG2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 513519 PITTIENG NOTLISTED Pitti Engineering Limited Equity 2023-04-01 2024-03-31 2023-11-09 2023-10-27 INR Lakhs Half yearly 16:00:00 17:45:00 2023-11-09 2023-11-09 true Cash Flow Indirect Not applicable Geographical 2023-07-01 2023-09-30 Unaudited Consolidated 2902879000.00 125622000.00 3028501000.00 2123607000.00 0.00 -155887000.00 259454000.00 111987000.00 122819000.00 250138000.00 2712118000.00 316383000.00 0.00 316383000.00 98885000.00 -8020000.00 90865000.00 0.00 225518000.00 0.00 0.00 0.00 0.00 225518000.00 -36155000.00 189363000.00 0.00 0.00 160292000.00 5 7.04 7.04 0.00 0.00 7.04 7.04 1. The above financial results for the quarter and half-year ended 30th September 2023 has been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 9th November 2023. 2. The consolidated financial results include results of the following: a. Holding Company – Pitti Engineering Limited b. Wholly owned subsidiary – Pitti Rail and Engineering Components Limited 3. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in terms of Regulations issued by Securities and Exchange Board of India (SEBI). 4. The Board of Directors at their meeting held on 15th June 2023 considered and approved the Scheme of Amalgamation among Pitti Castings Private Limited and Pitti Rail and Engineering Components Limited and Pitti Engineering Limited and their respective shareholders and creditors under Sections 230 to 232 of the Companies Act, 2013 and the rules framed thereunder (Scheme). The Scheme is subject to the receipt of necessary statutory and regulatory approvals including approval of Stock Exchanges, the Securities and Exchange Board of India, the shareholders and creditors of respective companies and National Company Law Tribunal (NCLT). The Company has filed the Scheme with Stock Exchanges on 26th June 2023 and received their no objection on 26th October 2023. Currently the Scheme is pending approvals from NCLT, shareholders and creditor. The Scheme would become effective from the appointed date after receipt of all requisite approvals as mentioned in the Scheme. Pending receipt of necessary approvals, no effect of the Scheme has been given in the financial results for the quarter and half-year ended 30th September 2023. 5. The Company has only one business segment, which is manufacturing of engineering products of Iron and Steel, hence the reporting is done as a single segment. For geographical segment revenue and assets, please refer to point no.5 of the results submitted to the stock exchanges. 6. Figures of the previous quarters/year have been regrouped and rearranged wherever necessary to correspond with current year's presentation. Geographical 2023-04-01 2023-09-30 Unaudited Consolidated 5800746000.00 134891000.00 5935637000.00 3987690000.00 0.00 -505000.00 488220000.00 228076000.00 254412000.00 475505000.00 5433398000.00 502239000.00 0.00 502239000.00 158993000.00 -21935000.00 137058000.00 0.00 365181000.00 0.00 0.00 0.00 0.00 365181000.00 -37535000.00 327646000.00 0.00 0.00 160292000.00 5 11.39 11.39 0.00 0.00 11.39 11.39 Other Expenses 250138000.00 Other Expenses 475505000.00 0.00 2969415000.00 329677000.00 0.00 70436000.00 152023000.00 0.00 16006000.00 168029000.00 1226247000.00 4763804000.00 2439051000.00 129000.00 2127566000.00 818424000.00 319115000.00 0.00 33270000.00 3298504000.00 505281000.00 6242836000.00 11006640000.00 160292000.00 3469245000.00 3629537000.00 3629537000.00 1118765000.00 596178000.00 1714943000.00 152449000.00 50549000.00 1917941000.00 2925787000.00 2070358000.00 273806000.00 5269951000.00 53228000.00 65987000.00 69996000.00 5459162000.00 7377103000.00 11006640000.00 a) India 2033669000.00 b) Outside India 994832000.00 a) India 4021172000.00 b) Outside India 1914465000.00 3028501000.00 5935637000.00 3028501000.00 5935637000.00 a) India 0.00 b) Outside India 0.00 a) India 0.00 b) Outside India 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 a) India 9702316000.00 b) Outside India 1304324000.00 11006640000.00 a) India 0.00 b) Outside India 0.00 0.00 228076000.00 -45911000.00 -309607000.00 0.00 46229000.00 335000.00 69249000.00 -22945000.00 0.00 -459275000.00 0.00 7885000.00 0.00 254412000.00 0.00 23473000.00 70744000.00 44985000.00 0.00 12943000.00 0.00 12015000.00 0.00 -18000.00 0.00 0.00 -52283000.00 0.00 0.00 -143723000.00 358516000.00 0.00 0.00 0.00 112921000.00 0.00 245595000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6125000.00 731604000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10315000.00 0.00 0.00 0.00 -715164000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1313201000.00 167732000.00 -108987000.00 33965000.00 38223000.00 226820000.00 0.00 -64469000.00 890979000.00 421410000.00 0.00 421410000.00 397014000.00 818424000.00 -48315000.00 -50159000.00 -12160000.00 -12624000.00 0.00 0.00