GAYAHWS2024-01-012024-03-31 GAYAHWS2024-01-012024-03-31 GAYAHWS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member GAYAHWS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member GAYAHWS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member GAYAHWS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member GAYAHWS2024-03-31 GAYAHWS2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member GAYAHWS2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 541546 GAYAHWS NOTLISTED Gayatri Highways Limited Equity 2023-04-01 2024-03-31 2024-05-29 2024-05-20 INR Lakhs Yearly 16:45:00 21:25:00 2024-05-29 2024-05-29 true Cash Flow Indirect Statement on impact of audit qualification Single segment Construction, invest, operations and maintenance of roads, highways, vehicle bridges and tunnels and toll roads on BOT, BOOT, BOLT, EPC basis or in any manner 2024-01-01 2024-03-31 Audited Consolidated 11800000.00 185396000.00 197196000.00 0.00 0.00 0.00 533000.00 -5469000.00 199000.00 71533000.00 66796000.00 130400000.00 -1152980000.00 -1022580000.00 23000.00 0.00 23000.00 0.00 -1022603000.00 -600225000.00 0.00 -600225000.00 -59783000.00 -1682611000.00 479000.00 -1682132000.00 -1682132000.00 0.00 -1682132000.00 0.00 479304000.00 2 -4.51 -4.51 -2.51 -2.51 -7.02 -7.02 6.The Exceptional items of Rs.11,529.80 Lakhs include the impariment loss of goodwill on consolidation recognised for the quarter ended 31st March 2024. The Exceptional items of Rs. 17,887.51 Lakhs includes Loans payable written off during the quarter ended 31st March 2023. 7.With respect to Subsidiary, Sai Maatarini Tollways Limited (SMTL), the Auditor has qualified his opinion based on a.) As per the settlement agreement between SMTL and NHAI had agreed for a termination payment of Rs.96,803 lakhs against all disputes/claims. The settlement amount of Rs.96,803 Lakhs includes termination payment, interest, claims receivable by SMTL net of recoveries by NHAI. SMTL had received Rs 79,650 lakhs and balance settlement amount to be received is Rs 17,153 lakhs. However pending settlement with the lenders, SMTL continues to recognise Net receivable from NHAI of Rs.98,578 Lakhs (Net of Rs 79,650 lakhs receipt). Henceforth the expenses (Write off of Receivable) of SMTL are understated by Rs. 81,425 lakhs and assets overstated by Rs. 81,425 lakhs. b.) SMTL had recognized interest expense and other finance charges during the period amounting to Rs 27,467.33 Lakhs as per existing loan agreements. They are unable to comment on impact, if any, on loss for the year and the Reserves had the confirmations been received from the lenders. c.) Non-recognition of liability towards goods and services Tax (including interest and penalty) amounting to Rs 12,392 Lakhs in respect of termination payment received from National Highways Authority of India and other reasons stated. Pending the ultimate outcome of this matter, which is presently unascertainable, no adjustments have been made in the financial statements d.) During the Financial year 2022-23, SMTL has written off a receivable of Rs.1,011.02 Lakhs from Gayatri Projects Limited and written back trade payable of Rs.2,915.68 Lakhs and claims payable of Rs 22,745 lakhs to Gayatri Projects Limited. However, they have not received any confirmation from Gayatri Projects Limited for the write off/writeback. 8.With respect to Subsidiary, Indore Dewas Tollways Limited (IDTL), Status of Financial Statements and its consolidation: With regard to the Status of financial Statements, IRP has informed that there is no business activity after his appointment date i.e., 31.10.2023 and could not provided the financial statements of IDTL for the period ended 31.12.2023. Further IRP has also not provided the financial statements or any information on significant transactions for the period 01.01.2024 to 31.03.2024. Hence the consolidated financial statements were being prepared based on accounts updated upto 30.10.2023 and with the information that there are no significant transactions during 31.10.2023 to 31.03.2024. 9.Subsidiaries “Sai Maatarini Tollways Limited” and Indore Dewas Tollways Limited which are SPVs for Road project of NHAI on DBFOT pattern, terminated the project and handed over to NHAI and the financial statements are prepared on non-going concern basis. For the purpose of consolidation, the same is considered and accounted as per Ind AS 105 – Discontinued operations. 10.The figures of the previous year / periods have been regrouped / reclassified, wherever considered necessary to correspond with the current period's classification / disclosure. Single segment 2023-04-01 2024-03-31 Audited Consolidated 17200000.00 203435000.00 220635000.00 0.00 0.00 0.00 809000.00 150930000.00 806000.00 90013000.00 242558000.00 -21923000.00 -1152980000.00 -1174903000.00 531000.00 0.00 531000.00 0.00 -1175434000.00 -3039097000.00 0.00 -3039097000.00 -196712000.00 -4411243000.00 479000.00 -4410764000.00 -4410764000.00 0.00 -4410764000.00 0.00 479304000.00 2 -18026996000.00 -5.72 -5.72 -12.68 -12.68 -18.40 -18.40 Operating & Maintenance Expenses 2557000.00 Other expenses 68976000.00 Operating & Maintenance Expenses 14326000.00 Other expenses 75687000.00 0.00 1538000.00 0.00 309000.00 0.00 0.00 0.00 0.00 0.00 2089694000.00 0.00 0.00 0.00 2089694000.00 0.00 0.00 2091541000.00 0.00 0.00 6322000.00 100673000.00 0.00 245218000.00 17215796000.00 17568009000.00 8478000.00 76536000.00 17653023000.00 0.00 0.00 19744564000.00 479304000.00 -18026996000.00 -17547692000.00 -17547692000.00 2884445000.00 0.00 0.00 2884445000.00 8545000.00 0.00 0.00 5660752000.00 8553742000.00 1174663000.00 17997000.00 27527468000.00 28720128000.00 18191000.00 195000.00 0.00 0.00 28738514000.00 0.00 0.00 37292256000.00 19744564000.00 3251008000.00 0.00 647000.00 0.00 3319931000.00 0.00 0.00 3249000.00 0.00 -10038000.00 0.00 -36599000.00 1000.00 806000.00 0.00 329000.00 0.00 0.00 0.00 0.00 0.00 22249000.00 0.00 0.00 0.00 0.00 0.00 -2004906000.00 -196712000.00 4305467000.00 3130564000.00 0.00 0.00 0.00 12916000.00 0.00 3117648000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 117000.00 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 0.00 0.00 0.00 196712000.00 0.00 196595000.00 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 3280001000.00 0.00 0.00 -3280001000.00 34242000.00 0.00 34242000.00 66431000.00 100673000.00 0.00 0.00 Re-measurement (loss)/gain on defined benefit plans 479000.00 Re-measurement (loss)/gain on defined benefit plans 479000.00 479000.00 479000.00 0.00 0.00