SANGHIIND2024-04-012024-06-30 SANGHIIND2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member SANGHIIND2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member SANGHIIND2024-04-012024-06-30in-bse-fin:OneOperatingExpenses03Member SANGHIIND2024-06-30 SANGHIIND2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 526521 SANGHIIND NOTLISTED Sanghi Industries Limited Equity 2024-04-01 2025-03-31 2024-07-29 2024-07-16 INR Crores First quarter 11:45:00 13:10:00 2024-07-29 2024-07-29 Not applicable Single segment Cement Business 2024-04-01 2024-06-30 Unaudited Standalone 2229900000.00 75600000.00 2305500000.00 237400000.00 0.00 56100000.00 129800000.00 481400000.00 430900000.00 1858110000.00 3193710000.00 -888210000.00 0.00 -888210000.00 0.00 0.00 0.00 0.00 -888210000.00 0.00 0.00 0.00 0.00 -888210000.00 -410000.00 -888620000.00 -516110000.00 -372510000.00 2583260000.00 10 -3.44 -3.44 0.00 0.00 -3.44 -3.44 Notes: 1. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 29th July, 2024. 2. Statutory auditors of the company have carried out the limited review of the financial results for the quarter ended 30th June, 2024. 3. During the quarter, Ambuja Cements Limited, Holding Company and Mr. Ravi Sanghi (Promoters) of the Company have sold 60,92,000 and 30,00,000 Equity Shares of the Company respectively aggregating to 90,92,000 Equity Shares (representing 3.52% of the Paid-up Equity Share Capital of the Company) through offer for sale through stock exchange mechanism to achieve minimum public shareholding (MPS) requirements.   Post successful completion of Offer for Sale, the Promoter Shareholding have reduced from 78.52% to 75% of the Paid-up Equity Share Capital of the Company  and  Company has achieved the MPS requirements, as mandated under Rules 19(2) (b) and 19A of the Securities Contracts (Regulations) Rules, read with Regulation 38 of the SEBI Listing  Regulations. 4. Exceptional items represent a) Gain on disposal of non core assets, b) Provision for pending litigation and disputed matters, c) One time charges paid to erstwhile lenders at the time of prepayment, which has been refinanced from Inter Corporate Deposit taken from Ambuja Cements Limited and d) Interest on custom duty dues which is more particularly disclosed in full un-audited financial results submitted to Stock Exchange. 5. Considering the matter of prudence, deferred tax asset has not been recognized on the loss for the financial year ended 31st March, 2024 and on the loss for the quarter ended 30th June, 2024. 6. During the quarter, the company has revised its estimate for determining the residual value of Property Plant & Equipment. Due to such change, depreciation charge for quarter is higher by Rs. 12.75 crore and consequently loss for the quarter is higher by Rs. 12.75 crore. 7. Subsequent to the quarter ended 30th June, 2024, pursuant to the approval of the shareholders on 2nd June, 2024 for issuance of upto Rs. 2,200 Crore 8% Non-convertible Cumulative Redeemable Preference Shares (RPS), the Company has completed the allotment of 220 Crore RPS of Rs. 10 Each aggregating to Rs. 2200 Crore to Ambuja Cements Limited in  five tranches from 4th July, 2024 to 19th July, 2024. 8. The company is exclusively engaged in the business of cement and cement related products. 9. Figures for the quarter ended 31st March, 2024 represents the difference between the audited figures in respect of the full financial year ended 31st March, 2024 and the published unaudited figures of nine months ended 31st December, 2023 which were subject to limited review by the Auditors. 10. The figures for the previous periods have been regrouped / reclassified wherever necessary to conform to the current period's presentation. Freight and forwarding expense 101310000.00 Other expenses 298650000.00 Power and fuel 1458150000.00 Items that will not be reclassified to profit or (loss) -410000.00 -410000.00 0.00 0.00