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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1)The Unaudited Standalone Financial Results for the quarter ended June 30, 2024 of SOLAR INDUSTRIES INDIA LIMITED (the  Company ) have been reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at their respective meeting held on August 06, 2024. The statutory auditors of the company have carried out a limited review of the aforesaid results.   2)These results have been prepared in accordance with the Indian Accounting Standard (referred to as “Ind AS ) 34 - Interim Financial Reporting prescribed under Section 133 of the Companies Act 2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time.   3)The Company has identified 'Explosives and its Accessories', as its only reportable segment as defined under Ind AS 108 - Operating Segments. Accordingly, no separate segment information has been provided.   4)During the quarter ended June 30, 2024,  Solar Industries India Limited  has partially redeemed 50 unsecured, rated, listed, senior, redeemable, non-convertible debentures (NCDs) having face value of                Rupees 10,00,000/- amounting to Rupees 5,00,00,000/- and made an Interest payment amounting to                        Rupees 0.71 Crore at a coupon rate of 8.20 % per annum.    During the quarter ended June 30, 2024, the Company has partially redeemed 292 unsecured, rated, listed, senior, redeemable, non-convertible debentures (NCDs) having face value of Rupees 1,00,000/-  amounting to Rupees 2.92 crore and made an Interest payment amounting to Rupees 0.72 Crore at a coupon rate of     8.31% per annum.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         As on June 30, 2024 the aggregate amount of outstanding NCD is Rupees 62.08 crore.   5)Formulae for the computation of ratios are given in Annexure A.   6)The figures of the quarter ended March 31, 2024 are the balancing figures between the audited figures in respect of the full financial year ended March 31, 2024 and the published year to-date figures up to the third quarter of that financial year.   7)As per Regulation 46(2) of the SEBI (Listing Obligations &amp; Disclosure Requirements) Regulations, 2015, Results are available on Company's website-www.solargroup.com.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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