STARCEMENT2024-01-012024-03-31 STARCEMENT2024-01-012024-03-31 STARCEMENT2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member STARCEMENT2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member STARCEMENT2024-01-012024-03-31in-bse-fin:OneOperatingExpenses03Member STARCEMENT2024-01-012024-03-31in-bse-fin:OneOperatingExpenses04Member STARCEMENT2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member STARCEMENT2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member STARCEMENT2024-01-012024-03-31in-bse-fin:FourOperatingExpenses03Member STARCEMENT2024-01-012024-03-31in-bse-fin:FourOperatingExpenses04Member STARCEMENT2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 540575 STARCEMENT NOTLISTED Star Cement Limited Equity 2023-04-01 2024-03-31 2024-05-22 2024-05-13 INR Lakhs Yearly 15:00:00 16:25:00 2024-05-22 2024-05-22 true Cash Flow Indirect Declaration of unmodified opinion Single segment CEMENT 2024-01-01 2024-03-31 Audited Consolidated 9135319000.00 78318000.00 9213637000.00 1593966000.00 0.00 497893000.00 547533000.00 41507000.00 422611000.00 4698748000.00 7802259000.00 1411378000.00 0.00 1411378000.00 293034000.00 241678000.00 534712000.00 0.00 876667000.00 0.00 0.00 0.00 0.00 876667000.00 5009000.00 881676000.00 876667000.00 0.00 5009000.00 0.00 404180000.00 1 2.17 2.17 0.00 0.00 2.17 2.17 NOTES TO FINANCIAL RESULTS: 1. The above financial results has been prepared in accordance with Indian Accounting Standard (IND AS) prescribed under section 133 of the Companies Act, 2013 read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 (as amended). The above results were reviewed by the Audit Committee and approved by Board of Directors at their respective meeting held on 22nd May, 2024. The same has been reviewed by the Statutory Auditors of the Company who have expressed an unmodified opinion thereon. 2. The Consolidated results include results of its subsidiaries Star Cement Meghalaya Limited (SCML), Star Century Global Cement Private Limited (SCGCPL), Star Cement (I) Limited (SCIL) and Star Cement North East Limited (SCNEL). In the Board meetings held on 2nd February, 2023, the respective Board of Directors of SCML, Megha Technical & Engineers Private Limited (MTEPL), Meghalaya Power Limited (MPL), NE Hills Hydro Ltd. (NEHL) had approved a scheme of amalgamation of MTEPL, MPL & NEHL into SCML with effect from 1st April, 2023. In view of approval of National Company law Tribunal, Guwahati (NCLT) dated 10th May 2024 and filing of NCLT Order to Registrar of Companies on 20th May 2024, MTEPL, MPL and NEHL have been merged with SCML with effective from the appointed date 01st April 2023. Necessary impact of the scheme has been given in these consolidated results however there is no significant impact in these consolidated results as these subsidiaries were also consolidated earlier with SCL. 3. Deferred Tax for the year ended 31st March, 2024 of Consolidated results includes Rs. 1930.59 lakhs towards Deferred Tax Assets recognized by a Subsidiary Company on timing difference in respect of Property Plant & Equipment which was not recognised earlier during tax holiday period as a matter of prudence. The same had been recognised in the quarter ended 30th June, 2023 based on the profitability projections of the such subsidiary and the management is confident to utilize the same against the taxable profits in future periods. 4. Segment Reporting as required under Ind AS -108 Operating Segments has been discontinued from the current year, as the Company is primarily engaged in business of Cement and Cement related products and the separate reporting criteria of such IND AS is no longer met. 5.The figures for the quarter ended 31st March 2024 and 31st March 2023 are arrived at as difference between audited figures in respect of the full financial year and the unaudited published figures upto nine months of the relevant financial year which were subjected to Limited Review by the Statutory Auditors. 6.During the quarter ended 31st March 2024, SCNEL has commenced cement production in its grinding unit located at Guwahati with an installed capacity of 2 million Tons. 7. In Standalone results, other Income for the quarter ended 31st March 2024 includes Rs. 2014.91 Lakhs towards profit on sales of Immovable property. 8. Figures of the previous period / year have been regrouped and reclassified to conform to the classification of the current period/year wherever necessary. From current quarter, Freight on internal clinker transfer has been presented separately with corresponding impact in Cost of materials consumed to bring in line with industry practise of disclosures. By order of the Board For Star Cement Limited Sajjan Bhajanka Chairman Date: 22nd May, 2024 Place: Lumshnong, Meghalaya Single segment 2023-04-01 2024-03-31 Audited Consolidated 29106671000.00 264651000.00 29371322000.00 4629287000.00 0.00 166080000.00 2147949000.00 126012000.00 1465977000.00 16600227000.00 25135533000.00 4235789000.00 0.00 4235789000.00 727458000.00 557229000.00 1284687000.00 0.00 2951103000.00 0.00 0.00 0.00 0.00 2951103000.00 -13696000.00 2937407000.00 2951103000.00 0.00 -13696000.00 0.00 404180000.00 1 26696983000.00 7.30 7.30 0.00 0.00 7.30 7.30 Carriage Outward expens - on internal clinker transfer 772708000.00 Carriage Outward expense - on finished goods 1633413000.00 Other expenses 1120392000.00 Power and Fuel expense 1172235000.00 Carriage Outward expens - on internal clinker transfer 2517524000.00 Carriage Outward expense - on finished goods 4896659000.00 Other expenses 3635070000.00 Power and Fuel expense 5550974000.00 0.00 14134504000.00 10190493000.00 0.00 0.00 24772000.00 25500000.00 0.00 0.00 19875000.00 0.00 171064000.00 213586000.00 404525000.00 2506843000.00 1080114000.00 28366751000.00 3349635000.00 0.00 1507779000.00 477869000.00 495548000.00 32500000.00 119177000.00 2632873000.00 0.00 1674470000.00 7656978000.00 0.00 0.00 36023729000.00 404180000.00 26696983000.00 27101163000.00 27101163000.00 721026000.00 0.00 126647000.00 847673000.00 131788000.00 0.00 0.00 132776000.00 1112237000.00 577264000.00 2197020000.00 4044088000.00 6818372000.00 929184000.00 26174000.00 36600000.00 0.00 7810330000.00 0.00 0.00 8922567000.00 36023729000.00 126012000.00 383311000.00 -475918000.00 0.00 -184880000.00 0.00 0.00 0.00 0.00 -577583000.00 0.00 895838000.00 0.00 1465977000.00 0.00 15050000.00 0.00 0.00 0.00 0.00 0.00 195219000.00 0.00 -1135000.00 0.00 0.00 11502000.00 -38906000.00 0.00 1424049000.00 5659839000.00 0.00 0.00 0.00 762373000.00 0.00 4897466000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3796000.00 10364551000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 30494000.00 0.00 0.00 0.00 0.00 342793000.00 0.00 3547833000.00 0.00 -6500623000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 721026000.00 -316229000.00 0.00 65308000.00 0.00 107144000.00 0.00 0.00 864803000.00 -738355000.00 0.00 -738355000.00 1216223000.00 477868000.00 -4914000.00 13812000.00 -95000.00 -116000.00