SIL2024-01-012024-03-31 SIL2024-01-012024-03-31 SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses03Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses04Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses05Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses06Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses07Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses08Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses09Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses10Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses03Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses04Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses05Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses06Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses07Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses08Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses09Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses10Member SIL2024-03-31 SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue04Member SIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member SIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member SIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member SIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue04Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults04Member SIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member SIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member SIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member SIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults04Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets04Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member SIL2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member SIL2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member SIL2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member SIL2024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530017 SIL NOTLISTED Standard Industries Limited Equity 2023-04-01 2024-03-31 2024-05-21 2024-05-15 INR Lakhs Yearly 13:15:00 15:00:00 2024-05-21 2024-05-21 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Consolidated 69009000.00 85137000.00 154146000.00 0.00 50581000.00 1047000.00 1368000.00 7121000.00 6666000.00 42993000.00 109776000.00 44370000.00 0.00 44370000.00 -55516000.00 0.00 -55516000.00 0.00 99886000.00 0.00 0.00 0.00 0.00 99886000.00 -6637000.00 93249000.00 0.00 0.00 0.00 0.00 321645000.00 5 1.55 1.55 0.00 0.00 1.55 1.55 Notes to Consolidated Audited Results for the quarter and year ended March 31, 2024. 1 The above results have been reviewed by the Audit Committee and are approved by the Board of Directors of the Company at their meeting held on May 21, 2024. The statutory Auditors of the Company have expressed unqualified opinion on these Financial Results. 2 The above financial results have been prepared in accordance with the Indian Accounting Standards (referred to as Ind AS ) as prescribed under section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time. 3 The Group had opted Tax U/s.115BAA applicable to Domestic Companies w.e.f. Financial year 2021-2022 and accordinglly, tax expenses have been calculated and provided for. 4 The Group has not recognised deferred tax assets on all deductible temporary differences based on the certainty and virtual certainty requirement as per Ind AS 12 Income taxes. 5 The Standard Industries Limited has an Apartment Building with Free hold land situated at Prabhadevi, Mumbai- 400025. The Standard Industries Limited is exploring various opportunities available for enhancing the value of the property. Accordingly, the Net Written Down Value {Net of Block) of Rs. 479.19 lakhs is transferred from Property, Plant and Equipment and Investment property accounts respectively to Property Under Development {Stock in trade). 6 The Board of Directors of Standard Industries Limited in their meeting held on March 15, 2024 has declared Interim Dividend of Rs. 0.50 per Equity Share of Rs. 5/- each ( 10 % on the face value of Rs. 5/- each). The same is paid on April 12th, 2024. 7 The Board of Directors of Standard Industries Limited, in their meeting held on May 21, 2024, has recommended a Final Dividend of Rs. 0.55 per equity share of Rs.5/- each (11% on the face value of Rs.5/- each), which is subject to approval of Shareholders in the Annual General Meeting. The Standard Industries Limited has not accounted for the Final Dividend as a liability as per Ind AS 10 as the dividend is declared after the reporting period. 8 The code of Social Security, 2020 { Code ) relating to employee benefits during employment and post-employment benefits has been notified in the Official Gazatte on 29th September, 2020. The draft rules have been released on November 13, 2020 and suggestions invited from stakeholders are under consideration by the Ministry. The impact of the change will be reassessed and accounted in the period in which said rules are notified for implementation. 9 The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the third quarter of financial year. 10 Standard Industries Limited has created an e-mail ID viz.,standardgrievances@rediffmail.com exclusively for the purpose of registering complaints by investors. 11 Corresponding figures for the previous year/ period have been regrouped / rearranged wherever necessary. Multi segment 2023-04-01 2024-03-31 Audited Consolidated 269008000.00 116418000.00 385426000.00 0.00 184627000.00 330000.00 28179000.00 31197000.00 27174000.00 170745000.00 442252000.00 -56826000.00 0.00 -56826000.00 -55516000.00 0.00 -55516000.00 0.00 -1310000.00 0.00 0.00 0.00 0.00 -1310000.00 -6746000.00 -8056000.00 0.00 0.00 0.00 0.00 321645000.00 5 0.00 -0.02 -0.02 0.00 0.00 -0.02 -0.02 Charges for corporate office service and facilities 3267000.00 Consulting Fees 1865000.00 GST Reversal input 3428000.00 Other Miscellaneous Expenses 16681000.00 Ownership flat maintance Expenses 828000.00 Portfolio Management Expenses 8063000.00 Repairs to buildings , machinery and others 504000.00 Salt Internal shifting expenses 1568000.00 Temprary Manpower 2809000.00 Travelling and conveyance Expenses 3980000.00 Charges for corporate office service and facilities 13068000.00 Consulting Fees 9892000.00 GST Reversal input 3462000.00 Other Miscellaneous Expenses 68928000.00 Ownership flat maintance Expenses 3585000.00 Portfolio Management Expenses 14371000.00 Repairs to buildings , machinery and others 13948000.00 Salt Internal shifting expenses 16288000.00 Temprary Manpower 12381000.00 Travelling and conveyance Expenses 14822000.00 0.00 76348000.00 0.00 162918000.00 5077000.00 158000.00 0.00 0.00 0.00 199392000.00 0.00 20134000.00 2441000.00 221967000.00 0.00 210861000.00 677329000.00 19222000.00 425355000.00 482790000.00 40925000.00 33036000.00 113000.00 17781000.00 1000000000.00 0.00 62772000.00 1081994000.00 0.00 0.00 1759323000.00 321645000.00 1042437000.00 1364082000.00 1364082000.00 207702000.00 0.00 2913000.00 210615000.00 63459000.00 0.00 0.00 0.00 274074000.00 0.00 26242000.00 77816000.00 104058000.00 10984000.00 6125000.00 0.00 0.00 121167000.00 0.00 0.00 395241000.00 1759323000.00 See accompanying notes to the consolidated Financial statements Manufacturing 18751000.00 Others 0.00 Property Division 0.00 Trading 50258000.00 Manufacturing 78460000.00 Others 0.00 Property Division 0.00 Trading 190548000.00 69009000.00 269008000.00 0.00 0.00 69009000.00 269008000.00 Manufacturing 6645000.00 Others -15000.00 Property Division 92715000.00 Trading 1374000.00 Manufacturing 19027000.00 Others -38000.00 Property Division 70259000.00 Trading 6974000.00 100719000.00 96222000.00 7121000.00 31197000.00 49228000.00 The property division comprises of asset which are in excess of business needs which the Company would liquidate based on the market condition . 121851000.00 44370000.00 -56826000.00 Manufacturing 95470000.00 Others 58000.00 Property Division 730302000.00 Trading 18950000.00 844780000.00 914543000.00 1759323000.00 Manufacturing 3373000.00 Others 16000.00 Property Division 29251000.00 Trading 14403000.00 47043000.00 348198000.00 395241000.00 31197000.00 330000.00 86980000.00 0.00 0.00 0.00 0.00 -19552000.00 0.00 -19406000.00 0.00 0.00 0.00 27174000.00 0.00 0.00 0.00 0.00 0.00 0.00 1134000.00 5418000.00 0.00 -2598000.00 0.00 0.00 -30000.00 -86833000.00 0.00 10710000.00 -46116000.00 0.00 0.00 0.00 10123000.00 0.00 -56239000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 97592000.00 13602000.00 293560000.00 157516000.00 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 4142000.00 5435000.00 0.00 -17596000.00 0.00 212015000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 36569000.00 0.00 9721000.00 67510000.00 29560000.00 0.00 0.00 -143360000.00 12416000.00 0.00 12416000.00 28509000.00 40925000.00 -6637000.00 -6746000.00 0.00 0.00 0.00 0.00