SUTLEJTEX2023-10-012023-12-31 SUTLEJTEX2023-10-012023-12-31 SUTLEJTEX2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:OneOperatingExpenses02Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:FourOperatingExpenses02Member SUTLEJTEX2023-12-31 SUTLEJTEX2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member SUTLEJTEX2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member SUTLEJTEX2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member SUTLEJTEX2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532782 SUTLEJTEX NOTLISTED Sutlej Textiles and Industries Limited Equity 2023-04-01 2024-03-31 2024-02-08 2024-01-25 INR Crores Third quarter 12:00:00 13:00:00 2024-02-08 2024-02-08 Not applicable Multi segment 2023-10-01 2023-12-31 Unaudited Standalone 6012200000.00 44400000.00 6056600000.00 3147800000.00 137500000.00 414500000.00 948100000.00 138600000.00 286900000.00 1397700000.00 6471100000.00 -414500000.00 0.00 -414500000.00 -100000.00 -144700000.00 -144800000.00 0.00 -269700000.00 0.00 0.00 0.00 0.00 -269700000.00 2500000.00 -267200000.00 0.00 0.00 163800000.00 1 -1.65 -1.65 0.00 0.00 -1.65 -1.65 1. The above unaudited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 7 February 2024 and 8 February 2024 and have been reviewed by the statutory auditors of the Company. These results have been prepared in accordance with Indian Accounting Standard (`Ind AS') prescribed under section 133 of the Companies Act, 2013 read with the relevant rules thereunder and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. 2. Exceptional items (pertaining to the previous year): (a) The Company discarded Captive Co-Generation Power Plant (`CGPP') during the corresponding nine months ended 31 December 2022, since it was not considered viable to operate and carried it at the estimated net recoverable value of Rs. 11.85 crores which resulted in a loss of Rs. 23.66 crores. Subsequently, the Company entered into an agreement to sell the CGPP at a valuation of Rs. 15 crores which resulted in a gain of Rs. 3.15 crores. Accordingly, the loss on sale /discard for the entire previous year ended 31 March 2023 was Rs. 20.51 crores. (b) As at 31 March 2023, the Company carried out an impairment assessment of its investment in wholly-owned subsidiary (including step down subsidiary) in accordance with Ind AS 36 and compared the carrying value of investments with their recoverable amounts. The recoverable amount is determined based on the value in use derived from discounted forecast cash flow model performed by an independent valuer. The carrying amount of the investment in wholly owned subsidiary (including step down subsidiary) was determined to be higher than its recoverable amount and an impairment loss of Rs. 27.18 crores was recognised during the previous year ended 31 March 2023. (c) In the previous year ended 31 March 2023, the Company has reversed excess interest subsidy claimed in earlier years amounting to Rs 8.31 crores including interest thereon in relation to a claim under Technology Upgradation Fund Scheme basis additional disallowances considered by the Ministry of Textiles. 3. The review report of the statutory auditors is being filed with BSE Limited and National Stock Exchange of India Limited. For more details on unaudited financial results, visit investor relation section of our website www.sutlejtextiles.com and financial results at Corporate section of www.bseindia.com and www.nseindia.com. 4. Segment information as per Ind AS-108, 'Operating Segment' is disclosed in Annexure-I. Multi segment 2023-04-01 2023-12-31 Unaudited Standalone 20217200000.00 154400000.00 20371600000.00 10813700000.00 482600000.00 1603600000.00 3149100000.00 483700000.00 878400000.00 4548600000.00 21959700000.00 -1588100000.00 0.00 -1588100000.00 1200000.00 -551900000.00 -550700000.00 0.00 -1037400000.00 0.00 0.00 0.00 0.00 -1037400000.00 7400000.00 -1030000000.00 0.00 0.00 163800000.00 1 -6.33 -6.33 0.00 0.00 -6.33 -6.33 Others 703900000.00 Power and Fuel 693800000.00 Others 2314300000.00 Power and Fuel 2234300000.00 Home Textilet 507600000.00 Yarn 5515600000.00 Home Textilet 1440000000.00 Yarn 18801200000.00 6023200000.00 20241200000.00 11000000.00 24000000.00 6012200000.00 20217200000.00 Home Textilet -35800000.00 Yarn -230700000.00 Home Textilet -94500000.00 Yarn -982000000.00 -266500000.00 -1076500000.00 138600000.00 483700000.00 9400000.00 27900000.00 -414500000.00 -1588100000.00 Home Textilet 2315000000.00 Yarn 17630300000.00 19945300000.00 472800000.00 20418100000.00 Home Textilet 819600000.00 Yarn 6822300000.00 7641900000.00 2733000000.00 10374900000.00 2500000.00 7400000.00 0.00 0.00 0.00 0.00