SPYL2023-10-012023-12-31 SPYL2023-10-012023-12-31 SPYL2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member SPYL2023-10-012023-12-31in-bse-fin:OneOperatingExpenses02Member SPYL2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member SPYL2023-10-012023-12-31in-bse-fin:FourOperatingExpenses02Member SPYL2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 533301 SPYL NOTLISTED Shekhawati Poly-Yarn Limited Equity 2023-04-01 2024-03-31 2024-01-11 2024-01-01 INR Lakhs Third quarter 15:00:00 16:30:00 2024-01-11 2024-01-11 Not applicable Single segment TEXTILE 2023-10-01 2023-12-31 Unaudited Standalone 131052000.00 51310000.00 182362000.00 46087000.00 0.00 0.00 15172000.00 114000.00 22437000.00 74957000.00 158767000.00 23595000.00 0.00 23595000.00 0.00 0.00 0.00 0.00 23595000.00 0.00 0.00 0.00 0.00 23595000.00 0.00 23595000.00 0.00 0.00 344700000.00 1 0.07 0.07 0.00 0.00 0.07 0.07 0.00 0.00 0.00 Notes: 1 The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 11th January,2024 and have undergone Limited Review by the Statutory Auditors of the Company. 2 This statement has been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (Ind AS) prescribed under section 133 of the Companies Act, 2013 and the recognized accounting practices and policies to the extent applicable. 3 Based on the guiding principles given in Ind-AS-108 Operating Segment, prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles accepted in India, the Company's primary business consists of Textile Products . As the Company's business falls within a single primary business segment, the disclosure requirements of Ind-AS-108 in this regard are not applicable. 4 During the quarter and Nine months ended December 31, 2023, the company has not provided for interest amounting to Rs. 614.99 lakhs (Rs. 17235.68 lakhs till December 31, 2023) on the borrowings outstanding which have been classified as Non-Performing Assets (NPA) by the banks which has been assigned to Asset Restructuring Company ('ARC'). The company has also not provided penal interest and other bank charges, as the same are not ascertainable. During FY22-23,The Company has received notices for sale of secured assets from ARC.Impact of the sale of properties will be provided after the outcome of the same received from ARC. 5 The Company has suffered losses in previous years, its net worth has been completely eroded and the credit facilities of the company has also been classified as Non-performing assets (NPA) by its banks which has been assigned to Asset Restructuring Company ('ARC') . However, the company has prepared its financials on going concern basis, as the company is in the process of discussion with its lenders and is hopeful that the suitable resolution plan will be considered by its lenders. 6 The Asset Restructuring Company ('ARC') Omkara Assets Reconstruction Pvt. Ltd has assigned the Outsatnding loan and related claim to JM Financial Asset Reconstruction Company Ltd vide letter dated 08.01.2024. 7 Other Income includes Rs.246.00 lakhs as compensation received over and above principal amount on settlement for recovery of capital advances and Rs. 220 lakhs (Previous quarter Rs.304 lakhs) as Reversal of Expected Credit Loss on Other receivable which has received during the quarter. 8 The figures of the previous period have been re-grouped / rearranged and / or recast wherever considered necessary. Single segment 2023-04-01 2023-12-31 Unaudited Standalone 435862000.00 173940000.00 609802000.00 148057000.00 3354000.00 1321000.00 47927000.00 338000.00 65497000.00 257517000.00 524011000.00 85791000.00 0.00 85791000.00 0.00 0.00 0.00 0.00 85791000.00 0.00 0.00 0.00 0.00 85791000.00 0.00 85791000.00 0.00 0.00 344700000.00 1 0.25 0.25 0.00 0.00 0.25 0.25 0.00 0.00 0.00 Other Expenses 28895000.00 Power and Fuel 46062000.00 Other Expenses 101463000.00 Power and Fuel 156054000.00 0.00 0.00 0.00 0.00