MODTHREAD2024-01-012024-03-31 MODTHREAD2024-01-012024-03-31 MODTHREAD2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member MODTHREAD2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member MODTHREAD2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member MODTHREAD2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member MODTHREAD2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500282 MODTHREAD NOTLISTED Modern Threads (India) Limited Equity 2023-04-01 2024-03-31 2024-05-30 2024-05-22 INR Lakhs Yearly 14:30:00 16:15:00 2024-05-30 2024-05-30 true Cash Flow Indirect Statement on impact of audit qualification Single segment Textile 2024-01-01 2024-03-31 Audited Standalone 745735000.00 15034000.00 760769000.00 415041000.00 624000.00 16841000.00 85635000.00 7573000.00 11058000.00 171385000.00 708157000.00 52612000.00 0.00 52612000.00 5005000.00 0.00 5005000.00 0.00 47607000.00 0.00 0.00 0.00 0.00 47607000.00 2316000.00 49923000.00 0.00 0.00 347752000.00 10 1.37 1.37 0.00 0.00 1.37 1.37 Notes: 1. The above standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 30.05.2024. 2. These financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards( Ind AS ) notified under the companies (Indian Accounting Standards) Rules, 2015 (as amended) prescribed under section 133 of the Companies Act, 2013 and requirements of Regulation 33 of the SEBI ( Listing Obligations and Disclosure Requirements) Regulations 2015 (as amended), except stated otherwise. 3.The company has not provided for interest (Dividend) on cumulative redeemable preference shares for the quarterended 31-03-2024 Rs. 8.91 lakhs and for the year ended 31.03.2024 Rs. 36.13 lakhs (cumulative Rs. 1011.61 Lakhs up to 31-03-2024).Cumulative Interest (Dividend) Rs. 1011.61 lakhs has not been provided for as the company is in process of settlement of remaining redeemable preference share capital. 4.Balances of trade payables and trade receivable are subject to confirmation and consequential adjustments, if any. 5. Share Application Money Rs. 1450 Lakhs has been raised pursuant to restructuring / settlement scheme submitted to BIFR but consequent to abatement of Sick Industrial Companies ( Special Provision) Act, 1985 w.e.f. 01/12/2016 , it become refundable. 6. Based on the management approach as defined in Ind AS 108 - Operating Segments, the Chief Operating Decision Maker (CODM) evaluates the company's performance and allocates resources based on an analysis of various performance indicators of business segment/s in which the company operates. The Company is primarily engaged in the business of textile manufacturing which the management and CODM recognise as the sole business segment. Hence, disclosure of segment-wise information is not required and accordingly not provided. 7. The company has elected to exercise option permitted under section 115BAA of Income Tax Act, 1961 from the financial year 2022-23. Deferred Tax Asset has not been recognised as a matter of prudence, hence, there is no impact on profit or loss on account of deferred tax charge in current and previous financial year. 8. The figures of the quarter ended 31st March, 2024 and quarter ended 31st March, 2023 are the balancing figures between audited figures in respect of the full financial year and published unaudited year to date figureupto the end of third quarter of respective financial year which were subjected to limited review by the respective auditor. 9. Figures for the previous period have been regrouped/rearranged wherever necessary to conform to current period presentation. Single segment 2023-04-01 2024-03-31 Audited Standalone 3004904000.00 35859000.00 3040763000.00 1715899000.00 624000.00 -10803000.00 341524000.00 30559000.00 41388000.00 662235000.00 2781426000.00 259337000.00 0.00 259337000.00 5005000.00 0.00 5005000.00 0.00 254332000.00 0.00 0.00 0.00 0.00 254332000.00 3557000.00 257889000.00 0.00 0.00 347752000.00 10 943662000.00 7.31 7.31 0.00 0.00 7.31 7.31 Administrative and Selling Expenses 49748000.00 Manufacturing Expenses 121637000.00 Administrative and Selling Expenses 176365000.00 Manufacturing Expenses 485870000.00 447565000.00 21978000.00 39279000.00 0.00 0.00 0.00 0.00 0.00 82000.00 0.00 0.00 39612000.00 39694000.00 0.00 18157000.00 566673000.00 694388000.00 149730000.00 466798000.00 69032000.00 24100000.00 0.00 4052000.00 713712000.00 0.00 42675000.00 1450775000.00 0.00 0.00 2017448000.00 347752000.00 943662000.00 1291414000.00 1291414000.00 0.00 0.00 0.00 0.00 37819000.00 0.00 0.00 51000.00 37870000.00 0.00 372927000.00 246709000.00 619636000.00 58621000.00 6295000.00 3612000.00 0.00 688164000.00 0.00 0.00 726034000.00 2017448000.00 30559000.00 23092000.00 -70461000.00 0.00 7072000.00 -1553000.00 -202000.00 -1577000.00 -18399000.00 -12558000.00 0.00 -10011000.00 0.00 41388000.00 0.00 2887000.00 0.00 5060000.00 0.00 0.00 0.00 3584000.00 0.00 3557000.00 0.00 0.00 0.00 0.00 0.00 -4730000.00 254607000.00 0.00 0.00 0.00 86000.00 -10470000.00 244051000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6470000.00 104236000.00 0.00 125000000.00 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 3581000.00 0.00 0.00 0.00 -219185000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4000.00 0.00 30554000.00 0.00 0.00 -30558000.00 -5692000.00 0.00 -5692000.00 74724000.00 69032000.00 2316000.00 3557000.00 0.00 0.00 0.00 0.00