URAVI2023-10-012023-12-31 URAVI2023-10-012023-12-31 URAVI2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member URAVI2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member URAVI2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543930 URAVI NA Uravi T and Wedge Lamps Limited Equity 2023-04-01 2024-03-31 2024-02-12 2024-02-03 INR Lakhs Third quarter 17:10:00 17:30:00 2024-02-12 2024-02-12 Not applicable Single segment Manufacturing and supply of automotive component 2023-10-01 2023-12-31 Unaudited Standalone 115250000.00 605000.00 115855000.00 66876000.00 0.00 -10293000.00 26634000.00 5956000.00 6011000.00 16492000.00 111676000.00 4179000.00 0.00 4179000.00 1273000.00 -942000.00 331000.00 0.00 3848000.00 0.00 0.00 0.00 0.00 3848000.00 243000.00 4091000.00 0.00 0.00 11000000000000.00 10 0.35 0.35 0.00 0.00 0.35 0.35 1. The Statement has been prepared in accordance with the Companies (Ind AS) Rules, 2015 (Ind AS) prescribed under section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 2. The above standalone financial results of the company were reviewed and recommended by the Audit committee and subsequently approved by the Board of Directors at its meeting held on the 12 th February 2024. The review report has been filed with stock exchange and is available on the Company’s website. 3. The figures for the quarter ended 31 st December 2023 are balancing figures between reviewed year to date figures to six months ended 30 th September 2023 and reviewed yar to date figures upto nine months ended 31 st December 2023. 4. The financial results for the quarter ended and nine months ended 31st December 2023 have been subjected to limited review by the statutory auditors of the Company. The statutory auditor has issued an unqualified review opinion on the financial results. 5. The Company had migrated to the main board of National Stock Exchange and had listed its equity shares on the Main Board of Bombay Stock Exchange w.e.f. 5th July 2023, accordingly the Company had not prepared financial results for the previous quarters. However comparative figures of year to date nine months ended 31 st December 2023 as given above have been prepared by the management after exercising necessary due diligence to ensure financial results reflects true and fair view of Company’s affairs. 6. Financial results for the quarter ended 31 st December 2022 were neither audited nor subjected to limited review by auditors. 7. The Company is primarily engaged in the activity of manufacturing and supply of automotive components and considers it to be a single reportable business segment. The Company Operates in a single segment, hence segment reporting in terms of Ind AS-108 is not applicable. 8. The Company has imported certain goods and obtained clearance for the same by classifying them under an incorrect HSN code and is therefore alleged to have paid a lower amount of duty. Maharashtra Office of the Commissioner of Customs had accordingly given a notice for the violation and the Company has presented its reasoning for classification of the goods under the same category. However, the authority had passed an order of recovery of differential duty amounting to Rs.8.6 lakhs and interest as per Section 28(4) of the Customs Act, 1962 and levy of penalty amounting to Rs.8.6 lakhs (equivalent to differential custom duty). The Company has filed an appeal against the Order. 9. There are no investor complaints pending as on 31st December 2023. 10. Previous periods’ figures have been regrouped / reclassified where required to make them compatible with the figures of current periods. Single segment 2023-04-01 2023-12-31 Unaudited Standalone 309096000.00 4365000.00 313461000.00 169236000.00 0.00 -25410000.00 70269000.00 16892000.00 17432000.00 47580000.00 295999000.00 17462000.00 0.00 17462000.00 5494000.00 -3828000.00 1666000.00 0.00 15796000.00 0.00 0.00 0.00 0.00 15796000.00 -49000.00 15747000.00 0.00 0.00 11000000000000.00 10 1.44 1.44 0.00 0.00 1.44 1.44 Other Expenses 16492000.00 Other Expenses 47580000.00 182000.00 -37000.00 -61000.00 12000.00