SPYL2024-01-012024-03-31 SPYL2024-01-012024-03-31 SPYL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member SPYL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member SPYL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member SPYL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member SPYL2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 533301 SPYL NOTLISTED Shekhawati Poly-Yarn Limited Equity 2023-04-01 2024-03-31 2024-05-07 2024-04-29 INR Lakhs Yearly 15:00:00 16:20:00 2024-05-07 2024-05-07 true Cash Flow Indirect Declaration of unmodified opinion Single segment TEXTILE 2024-01-01 2024-03-31 Audited Standalone 240791000.00 5373000.00 246164000.00 45829000.00 0.00 662000.00 11837000.00 109000.00 17977000.00 90238000.00 166652000.00 79512000.00 1375185000.00 1454697000.00 586000.00 0.00 586000.00 0.00 1454111000.00 0.00 0.00 0.00 0.00 1454111000.00 1940000.00 1456051000.00 0.00 0.00 344700000.00 1 4.22 4.22 0.00 0.00 4.22 4.22 Notes : 1 The above Financial Results of the Company have been reviewed by the Audit committee and approved by the Board of Directors at their respective meeting held on May 7, 2024. 2 The financial results have been prepared in accordance with Indian Accounting Standard ( Ind AS ) prescribed under section 133 of the Companies Act 2013, read with relevent rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015 (as amended) and SEBI Circular Dated 5th July, 2016 3 The Company operates in one reportable business segment i.e Textiles . 4 Exceptional items Particulars Rs. in Lakhs Add:- Write back of loans outstanding after full and final settlement (Refer note a) 14,055.70 Reversal of Provision for Impairment of Capital Work in Progress (Refer note a) 636.60 Reversal of Provision (Refer note b) 2,958.25 Reversal of Provision for doubtful debts (Refer note b) 3,064.05 Less :- Loss on sale of Property plant and equipment (Refer note a) 942.08 Baddebts written off (Refer note b) i) Advance for capital goods 1,626.38 - ii) Advance for raw materials 77.70 - iii) Balance with government authority 84.89 - iv) Trade recieveble written off 3,707.70 5,496.67 Total 14,275.85 a) During the year the JM Financial Assets Reconstruction Company Limited (JMFARC) has sold the property plant and equipment of Rs. 6,987.27 lakhs (Including capital work in progress on which provision has been created) acting as in its capacity as a trustee of JMFARC -Textile gama under Securitisation and reconstruction Financial Assets and Enforcement of Security Interest ( SARFAESI ) Act 2002 for Rs. 6,046.00 lakhs. The company has recognised loss of Rs. 942.08 lakhs on sale of such Property plant and equipment. Further the JMFARC has settled the loan outstanding of Rs. 20,101.70 lakhs (including interest amounting to Rs. 1,132.21 lakhs) under one time settlement (OTS) for Rs. 6,046.00 lakhs. The company has recognised the gain of Rs. 14,055.70 lakh on settlement of such transaction b) During the year the company has written of trade recievebles and advances of Rs 5,496.67 lakhs and accordingly the provision created on the same has been reversed. 5 Figures for the quarter ended 31 March 2024 and the corresponding quarter ended in the previous year as reported in these financial results are the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to the end of the third quarter of the relevant financial year. Also the figures up to the end of the third quarter had only been reviewed and not subjected to audit. 6 Figures of the previous reporting period has been reclassified/ regrouped wherever necessary to correspond with the figures of the current reporting period. Single segment 2023-04-01 2024-03-31 Audited Standalone 767506000.00 36061000.00 803567000.00 193887000.00 3354000.00 1983000.00 59765000.00 447000.00 83474000.00 347756000.00 690666000.00 112901000.00 1427585000.00 1540486000.00 586000.00 0.00 586000.00 0.00 1539900000.00 0.00 0.00 0.00 0.00 1539900000.00 1940000.00 1541840000.00 0.00 0.00 344700000.00 1 -271973000.00 4.47 4.47 0.00 0.00 4.47 4.47 Other Expenses 26277000.00 Power and Fuel 63961000.00 Other Expenses 56212000.00 Power and Fuel 291544000.00 13834000.00 0.00 8285000.00 0.00 0.00 30771000.00 30771000.00 42555000.00 95445000.00 11372000.00 13766000.00 118917000.00 2922000.00 573000.00 145200000.00 12780000.00 294158000.00 0.00 40150000.00 345680000.00 441125000.00 344700000.00 -271973000.00 72727000.00 72727000.00 0.00 0.00 82673000.00 82673000.00 3154000.00 85827000.00 0.00 152351000.00 4364000.00 156715000.00 124306000.00 1550000.00 282571000.00 368398000.00 441125000.00 447000.00 48000.00 74111000.00 0.00 -2974000.00 23082000.00 51996000.00 -1405570000.00 0.00 -366036000.00 -665890000.00 195843000.00 0.00 83474000.00 0.00 -461000.00 549667000.00 -3714000.00 0.00 0.00 0.00 31220000.00 0.00 95505000.00 0.00 0.00 0.00 0.00 0.00 -1401692000.00 138794000.00 0.00 0.00 0.00 15267000.00 0.00 123527000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 604600000.00 614000.00 -54387000.00 -42298000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 213640000.00 68440000.00 0.00 0.00 0.00 28384000.00 0.00 -25000.00 0.00 475056000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 604600000.00 0.00 1752000.00 0.00 0.00 0.00 0.00 -606352000.00 -7769000.00 0.00 -7769000.00 10691000.00 2922000.00 1940000.00 1940000.00 0.00 0.00