SSWL2024-04-012024-06-30 SSWL2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member SSWL2024-06-30 SSWL2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 513262 SSWL NOTLISTED Steel Strips Wheels Limited Equity 2024-04-01 2025-03-31 2024-07-23 2024-07-12 INR Lakhs First quarter 11:00:00 13:25:00 2024-07-23 2024-07-23 Not applicable Single segment AUTOMOTIVE WHEEL RIMS 2024-04-01 2024-06-30 Unaudited Standalone 10252925000.00 39342000.00 10292267000.00 6489685000.00 0.00 151006000.00 902383000.00 311304000.00 248739000.00 1570176000.00 9673293000.00 618974000.00 0.00 618974000.00 158354000.00 -1400000.00 156954000.00 0.00 462020000.00 0.00 0.00 0.00 0.00 462020000.00 -15959000.00 446061000.00 0.00 0.00 156929000.00 1 2.94 2.94 0.00 0.00 2.94 2.94 1. The above financial results have been reviewed and recomended by Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 23rd July 2024. The statutory auditors have carried out Limited review of the accounts for the quarter ended 30th June 2024. 2. The Chief Operating Decision Maker CODM reviews the operations of the company as a whole, hence there are no reportable segments as per Ind AS 108 Operating Segments . 3. These financial results of the Company have been prepared in accordance with the Indian Accounting Standards (IND AS) as notified by Ministry of Corporate Affairs pursuant to Section 133 of the Companies Act 2013 read with Rule 3 of the Companies (Indian Accounting Standard) Rules, 2015, Companies (Indian Accounting Standards) amendment rules 2016 and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI circular CIR/CFT/FAC/62/2016 dated July 05, 2016 and other accounting principles generally accepted in India. 4.The Company has opted for new tax regime under section 115BAA of Income Tax Act, 1961, beginning from 3rd Quarter of financial year 2023-24. Consequent to this, the Company has calculated tax as per the rates prescribed under the relevant provisions of the Act. 5.Pursuant to the NCLT, Ahmedabad order dated 12.10.2023 under Insolvency and Bankruptcy Code, 2016, Company has infused Rs.138.15 Crores into AMW Autocomponent Limited( AACL) through a mix of equity of Rs.5.00 Crores and inter corporate loan of Rs.133.15 Crores for the acquisition of AACL. By subscribing 50 Lacs equity shares of Face Value of Rs.10 each in AACL , it became wholly owned subsidiary company of SSWL w.e.f. 09.01.2024. 6. The figures for the corresponding previous periods have been restated/ regrouped, wherever necessary, to make them comparable. Other expenses 1570176000.00 Re-measurement gains (losses) on defined plans -21387000.00 -21387000.00 -5428000.00 0.00