SOLARINDS2023-10-012023-12-31 SOLARINDS2023-10-012023-12-31 SOLARINDS2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member SOLARINDS2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member SOLARINDS2023-12-31 SOLARINDS2023-10-012023-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member SOLARINDS2023-10-012023-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532725 SOLARINDS NOTLISTED Solar Industries India Limited Equity 2023-04-01 2024-03-31 2024-02-07 2024-01-31 INR Crores Third quarter 13:15:00 14:05:00 2024-02-07 2024-02-07 Not applicable Single segment Manufacturing of Explosives and its Accessories 2023-10-01 2023-12-31 Unaudited Standalone 9022500000.00 176800000.00 9199300000.00 4636800000.00 855100000.00 144400000.00 481700000.00 77300000.00 161300000.00 985500000.00 7342100000.00 1857200000.00 0.00 1857200000.00 451800000.00 22200000.00 474000000.00 0.00 1383200000.00 0.00 0.00 0.00 0.00 1383200000.00 -1900000.00 1381300000.00 0.00 0.00 181000000.00 2 15.29 15.29 0.00 0.00 15.29 15.29 0.00 0.06 1.The Unaudited Standalone Financial Results for the quarter and Nine months ended December 31, 2023 of SOLAR INDUSTRIES INDIA LIMITED (the Company ) have been reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings held on February 07, 2024. The Statutory Auditors of the Company have carried out a limited review of the aforesaid results. 2.These results have been prepared in accordance with the Indian Accounting Standard (referred to as “Ind AS”) 34 - Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time. 3.The Company has identified 'Explosives and its Accessories', as its only reportable segment as defined under Ind AS 108 - Operating Segments. 4. During the quarter ended December 31, 2023, the Company has partially redeemed 50 debentures of Rs. 10,00,000/- each amounting to Rs. 10 Crores on December 31, 2023 and made an interest payment amounting to Rs. 0.92 Crores at a coupon rate of 8.20% per annum. 5.Formulae for the computation of ratios are given in Annexure A. 6.As per Regulation 46(2) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, Results are available on Company's website-www.solargroup.com. 7. Interest Service Coverage ratio for three months ended on December 31, 2023 is 23.60% and Interest service Coverage ratio of year to date figure for current period ended on December 31, 2023 is 25.52%. 8. Annexure A is not included in notes due to limitation of characters in xbrl notes of stock exchange. However the company has attached the same in pdf. Single segment 2023-04-01 2023-12-31 Unaudited Standalone 27158500000.00 451600000.00 27610100000.00 15115700000.00 2081300000.00 16700000.00 1332700000.00 217000000.00 471700000.00 2767900000.00 22003000000.00 5607100000.00 0.00 5607100000.00 1360900000.00 77100000.00 1438000000.00 0.00 4169100000.00 0.00 0.00 0.00 0.00 4169100000.00 -2200000.00 4166900000.00 0.00 0.00 181000000.00 2 46.07 46.07 0.00 0.00 46.07 46.07 0.00 0.07 Other expenses 985500000.00 Other expenses 2767900000.00 0.00 0.00 Items that will be reclassifed as profit and loss -2500000.00 Items that will be reclassifed as profit and loss -2900000.00 -2500000.00 -2900000.00 -600000.00 -700000.00