LTFOODS2023-10-012023-12-31 LTFOODS2023-10-012023-12-31 LTFOODS2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member LTFOODS2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member LTFOODS2023-12-31 LTFOODS2023-10-012023-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member LTFOODS2023-10-012023-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member LTFOODS2023-10-012023-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member LTFOODS2023-10-012023-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532783 LTFOODS NOTLISTED LT Foods Limited Equity 2023-04-01 2024-03-31 2024-01-25 2024-01-19 INR Lakhs Third quarter 11:00:00 12:30:00 2024-01-25 2024-01-25 Not applicable Single segment Rice Processing 2023-10-01 2023-12-31 Unaudited Consolidated 19417289000.00 79578000.00 19496867000.00 14474772000.00 595512000.00 -1933150000.00 1081109000.00 184978000.00 360908000.00 2812644000.00 17576773000.00 1920094000.00 0.00 1920094000.00 519769000.00 -9401000.00 510368000.00 0.00 1409726000.00 0.00 0.00 0.00 116736000.00 1526462000.00 71930000.00 1598392000.00 1511787000.00 14675000.00 1583732000.00 14660000.00 347253000.00 1 4.35 4.35 0.00 0.00 4.35 4.35 Notes: 1. The financial results have been prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 as amended (“the Act”) read with relevant rules issued thereunder and other accounting principles generally accepted in India. The standalone and consolidated financial results of the Company, will be available on the website of BSE (www.bseindia.com) or/and NSE (www.nseindia.com) and on the Company's website (www.ltgroup.in). 2. The Company and it's subsidiaries (the Group ) are primarily engaged in the business of manufacturing, trading and marketing of rice which is a single primary reportable segment as per Indian Accounting Standard Operating Segment ( IND AS 108 ) which is in line with review of operating result by chief operating decision maker. 3.The Group has Insurance claim recoverable (classified into non-current assets) amounting to ` 13,410.53 lakhs as at December 31, 2023. The claim was attributable to the loss of raw material, incurred by the Group, due to major fire which had occurred in the work premises of Daawat Foods Limited (the “Subsidiary Company”) in India in FY 2014-15. The Group had recognized the insurance claim recoverable (asset) amounting to ` 1,7810.88 lakhs in FY 2014-15, based on the management’s assessment of the loss amount and the positive outcome in the reports of the surveyors, then appointed by the Insurance Agency. Later on, the Insurance Agency repudiated the insurance claim vide its order dated February 4, 2016, against which the Subsidiary Company had filed a civil suit with District Court of Raisen, Bhopal. On the basis of developments in the case including the surveyor’s report (subsequent to reports submitted by the surveyors appointed by the Insurance Agency during the initial phase and which were the basis for the Group to recognize such asset), the Group had written off claim amounting to ` 4400 lakhs during FY 2015-16. During the quarter and the nine months period ended December 31, 2023, on December 22, 2023, the Hon’ble District Court of Raisen, Bhopal passed a Decree in favour of the Subsidiary Company in the Commercial Suit, as mentioned above, and allowed the claim to the extent of ` 16,120.00 lakhs, considering the terms and condition of the Insurance policy, alongwith interest thereon @ 6% p.a. with effect from the date of the loss. Based on management’s assessment of the facts of the case, opinion obtained from the external legal counsels (including evaluation of the possibility of further judicial proceedings) and the Decree obtained in favour of the Subsidiary Company as mentioned above, the Group has concluded that, at this stage, the carrying value of the Insurance claim of ` 13,410.53 lakhs is appropriate and reasonable as at December 31, 2023.” 4. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors on January 25, 2024. Single segment 2023-04-01 2023-12-31 Unaudited Consolidated 56975936000.00 327289000.00 57303225000.00 39496478000.00 1924117000.00 -2668525000.00 3251708000.00 595091000.00 1076415000.00 8044019000.00 51719303000.00 5583922000.00 0.00 5583922000.00 1556579000.00 -69693000.00 1486886000.00 0.00 4097036000.00 0.00 0.00 0.00 376550000.00 4473586000.00 215538000.00 4689124000.00 4445930000.00 27656000.00 4661457000.00 27667000.00 347253000.00 1 12.80 12.80 0.00 0.00 12.80 12.80 Other expenses 2812644000.00 Other expenses 8044019000.00 (i) Items that will be reclassified to profit and loss 65738000.00 (i) Items that will be reclassified to profit and loss 243492000.00 65738000.00 243492000.00 -10195000.00 15947000.00 (iii) Items that will not be reclassified to profit and loss -5348000.00 (iii) Items that will not be reclassified to profit and loss -16045000.00 -5348000.00 -16045000.00 -1345000.00 -4038000.00