LAGNAM2024-01-012024-03-31 LAGNAM2024-01-012024-03-31 LAGNAM2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member LAGNAM2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member LAGNAM2024-03-31 LAGNAM2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member LAGNAM2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member LAGNAM2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member LAGNAM2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares LAGNAM NA Lagnam Spintex Limited Equity 2023-04-01 2024-03-31 2024-04-29 2024-04-20 INR Lakhs Yearly 13:00:00 16:55:00 2024-04-29 2024-04-29 true Cash Flow Indirect Declaration of unmodified opinion Single segment MANUFACTURING OF 100% COTTON YARN 2024-01-01 2024-03-31 Audited Standalone 1496481000.00 1740000.00 1498221000.00 1061065000.00 0.00 16341000.00 46783000.00 62481000.00 34805000.00 173767000.00 1395242000.00 102979000.00 0.00 102979000.00 -15623000.00 45616000.00 29993000.00 0.00 72986000.00 0.00 0.00 0.00 0.00 72986000.00 550000.00 73536000.00 0.00 0.00 176690000.00 10 4.13 4.13 0.00 0.00 4.13 4.13 1.The above audited standalone financial results for the quarter and year ended 31st March 2024 have been prepared by the Company in accordance with Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (as amended) and were reviewed by the Audit Committee and approved & taken on record by the Board of Directors at their Meeting held on Monday, 29th April, 2024. 2. As required under Regulation 33 of the SEBI (LODR) Regulations 2015, the Statutory Auditors have issued thier Report on the aforesaid audited financial results for the quarter and year ended 31st March, 2024 which has also taken on record by the Audit Committee and the Board at their Meeting held on Monday, 29th April, 2024. The report does not have any impact on the aforesaid financial results which needs any explanation by the Board. 3. The Board of Directors have recommended final dividend of Rs. 0.50/- (par value of Rs. 10/- each) per equity share for the financial year 2023-24 i.e. 5% per equity share, subject to approval of the shareholders. 4. The Expansion Project of 41,472 spindles at the cost of Rs. 218.00 Crs to produce 100% Cotton “Compact Yarn” has been commissioned two month before the schedule without any cost overrun, w.e.f. 31st January, 2024 as against the scheduled date of commissioning i.e. 01st April, 2024. 5. Statement of Assets & Liabilities and cash flow statement as on 31st March, 2024 is enclosed herewith. 6. The above results have been prepared in accordance with Indian Accounting Standards ( Ind AS ) notified under section 133 of the Companies Act, 2013, read together with the Companies (Indian Accounting Standards) Rule, 2015, as amended and other Indian Generally Accepted Accounting Practices and Policies to the extent applicable. 7. The figures of the quarter ended 31.03.2024 and 31.03.2023 represent the balance between audited figures in respect of full financial year and those published till the third quarter of the respective Financial years. 8. The requirement of Segment Reporting is not applicable to the Company as it is engaged in single business segment. 9. The Company is not having any subsidiary, associate or joint venture; therefore, it has prepared only standalone results as consolidation requirement is not applicable to the Company. 10. The figures of the previous period have been regrouped/rearranged wherever necessary. Single segment 2023-04-01 2024-03-31 Audited Standalone 4375024000.00 2874000.00 4377898000.00 3303583000.00 0.00 92123000.00 124191000.00 152612000.00 92862000.00 404341000.00 4169712000.00 208186000.00 0.00 208186000.00 -1772000.00 64226000.00 62454000.00 0.00 145732000.00 0.00 0.00 0.00 0.00 145732000.00 894000.00 146626000.00 0.00 0.00 176690000.00 10 912820000.00 8.25 8.25 0.00 0.00 8.25 8.25 OTHER EXPENSES 173767000.00 OTHER EXPENSES 404341000.00 3460713000.00 0.00 0.00 0.00 11377000.00 0.00 0.00 0.00 1418000.00 0.00 8825000.00 0.00 10243000.00 0.00 65520000.00 3547853000.00 914089000.00 0.00 531896000.00 2412000.00 392000.00 0.00 28815000.00 563515000.00 14975000.00 294475000.00 1787054000.00 0.00 0.00 5334907000.00 176690000.00 912820000.00 1089510000.00 1089510000.00 2336587000.00 0.00 0.00 2336587000.00 12383000.00 253012000.00 0.00 0.00 2601982000.00 1440894000.00 50868000.00 136438000.00 1628200000.00 8548000.00 5455000.00 1212000.00 0.00 1643415000.00 4245397000.00 5334907000.00 152612000.00 -77232000.00 -247701000.00 0.00 -81112000.00 130958000.00 0.00 -1223000.00 0.00 1448000.00 0.00 3554000.00 0.00 92862000.00 894000.00 3567000.00 0.00 64604000.00 0.00 0.00 0.00 1852000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 41379000.00 249565000.00 0.00 0.00 0.00 31514000.00 0.00 218051000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2005296000.00 1296000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1852000.00 0.00 -753000.00 0.00 -2002901000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2211345000.00 272922000.00 0.00 0.00 0.00 152612000.00 0.00 0.00 1785811000.00 961000.00 0.00 961000.00 1843000.00 2804000.00 Items that will not be reclassified to profit or loss 408000.00 Items that will not be reclassified to profit or loss 894000.00 408000.00 894000.00 -142000.00 0.00 Items that will be reclassified to profit or loss 0.00 Items that will be reclassified to profit or loss 0.00 0.00 0.00 0.00 0.00