SICALLOG2024-01-012024-03-31 SICALLOG2024-01-012024-03-31 SICALLOG2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member SICALLOG2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member SICALLOG2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member SICALLOG2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member SICALLOG2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 520086 SICALLOG NOTLISTED Sical Logistics Limited Equity 2023-04-01 2024-03-31 2024-05-30 2024-05-24 INR Lakhs Yearly 13:30:00 21:00:00 2024-05-30 2024-05-30 true Cash Flow Indirect Declaration of unmodified opinion Single segment Integrated logistics services 2024-01-01 2024-03-31 Audited Consolidated 442200000.00 56300000.00 498500000.00 0.00 0.00 0.00 72100000.00 96200000.00 111400000.00 378300000.00 658000000.00 -159500000.00 35900000.00 -123600000.00 -3400000.00 29200000.00 25800000.00 0.00 -149400000.00 0.00 0.00 0.00 100000.00 -149300000.00 -1700000.00 -151000000.00 -136600000.00 -14400000.00 -136600000.00 -14400000.00 652500000.00 10 -2.09 -2.09 0.00 0.00 -2.09 -2.09 0.00 0.00 0.00 a) The audited consolidated financial results for the quarter and year ended March 31, 2024, have been reviewed and recommended by the audit committee and approved by the board of directors of the Company at their respective meetings held on May 30, 2024. The information presented above is extracted from the audited consolidated financial statement. It has been prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time. b) The Group is primarily engaged in providing integrated logistics services which is considered as a single business segment in terms of segment reporting as per Ind AS 108. The services are not rendered outside India. Hence, no separate geographical segments to be reported on. c) Interest on borrowings are duly accured under finance costs in accordance with the approved resolution plan and the interest has been remitted to the financial creditors during the fourth quarter amounting to Rs. 27.47 crores as required by the approved resolution plan. Further, as per the approved resolution plan, revised agreement for final settled amount are yet to be signed with each of the financial creditors and the modification to charges is yet to be completed with Registrar of Companies. However, the Company has deposited the required amount as per the approved resolution plan in the bank account that is earmarked and operated by the ex-Committee of Creditors and ex-Insolvency Resolution Professional for the purpose of remittance to finacial creditors. d) Exceptional item considered for the quarter and year ended March 31, 2023 was to ensure that the books of accounts reflects the admitted liabilities as per the NCLT order dated December 08, 2022, the Company has restated the balances as at January 11, 2023 and also has made impairment allowance for certain assets based on the management's evaluation of recoverability/ value in use of these assets to the tune of Rs. 76,952 lakhs during the previous year (excludes exceptional item from discontinued operations of Rs. 2,320 lakhs; which has been presented along with loss from discontinued operations. Total exceptional item for the previous year amounts to Rs. 79,272 lakhs). Further, during the quarter ended March 31, 2024, the management has reversed certain provisions to the tune of Rs. 359 lakhs based on its internal assessment of the expected cash outflow and the same has been disclosed under exceptional item. e) Develecto Mining Ltd (DML) ceased to be a subsidiary of the Company with effect from September 19, 2023. Pursuant to an agreement among the shareholders of the DML, the Company has relinquished its rights in further issue of shares by DML. Consequently, DML has not been consolidated from the quarter ended December 31, 2023 and presented in the financials as discontinued operations in accordance with Ind AS 105 - Non current assets held for sale and discontinued operations. Figures to the extent of discontinued operations have been re-presented for all periods presented. Further, a gain of Rs 2,368 lakhs arising on account of such loss of control has been treated as exceptional item for the year ended 31 March 2024. f) Morefully mentioned under the outcome of the board meeting. g) The figures for the quarter ended March 31, 2024 and the corresponding quarter ended in the previous year are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the end of the third quarter of the relevant financial year. Also, the figures upto the end of third quarter has only been subjected to limited review and not audited. h) Figures pertaining to the previous periods have been regrouped, reclassified and rearranged wherever necessary. Single segment 2023-04-01 2024-03-31 Audited Consolidated 2210900000.00 175100000.00 2386000000.00 0.00 0.00 0.00 245000000.00 391800000.00 483200000.00 1799900000.00 2919900000.00 -533900000.00 380600000.00 -153300000.00 16100000.00 29200000.00 45300000.00 0.00 -198600000.00 -84400000.00 0.00 -84400000.00 100000.00 -282900000.00 -1700000.00 -284600000.00 -248200000.00 -36400000.00 -248200000.00 -36400000.00 652500000.00 10 1555600000.00 -3.12 -3.12 -0.68 -0.68 -3.80 -3.80 0.00 0.00 0.00 Cost of Services 298600000.00 Other Expenses 79700000.00 Cost of Services 1566000000.00 Other Expenses 233900000.00 1268400000.00 5466100000.00 102000000.00 46300000.00 60400000.00 5800000.00 0.00 107200000.00 113000000.00 15500000.00 5803300000.00 0.00 0.00 440600000.00 935300000.00 257800000.00 0.00 24700000.00 1658400000.00 59800000.00 135200000.00 1853400000.00 7656700000.00 652500000.00 -365300000.00 287200000.00 1555600000.00 3123400000.00 95900000.00 3219300000.00 11200000.00 392600000.00 3623100000.00 1846300000.00 418300000.00 165400000.00 2430000000.00 36500000.00 9300000.00 2200000.00 2478000000.00 6101100000.00 7656700000.00 0.00 0.00 82900000.00 0.00 0.00 68100000.00 -35200000.00 0.00 0.00 -238500000.00 0.00 0.00 11600000.00 483200000.00 0.00 -1000000.00 0.00 0.00 16900000.00 0.00 0.00 65200000.00 0.00 0.00 0.00 320100000.00 -446500000.00 0.00 0.00 196400000.00 43100000.00 0.00 0.00 0.00 -36800000.00 0.00 79900000.00 -2000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 122700000.00 159300000.00 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 22700000.00 0.00 0.00 0.00 43500000.00 0.00 -100100000.00 0.00 -72500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 984300000.00 304900000.00 0.00 5100000.00 0.00 427200000.00 0.00 0.00 247100000.00 254500000.00 0.00 254500000.00 684300000.00 938800000.00 -1700000.00 -1700000.00 0.00 0.00