SUTLEJTEX2024-04-012024-06-30 SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member SUTLEJTEX2024-06-30 SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue03Member SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults03Member SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets03Member SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member SUTLEJTEX2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member SUTLEJTEX2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member SUTLEJTEX2024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member SUTLEJTEX2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532782 SUTLEJTEX NOTLISTED Sutlej Textiles and Industries Limited Equity 2024-04-01 2025-03-31 2024-08-08 2024-07-31 INR Crores First quarter 11:30:00 12:45:00 2024-08-08 2024-08-08 Not applicable Multi segment 2024-04-01 2024-06-30 Unaudited Standalone 6517400000.00 68200000.00 6585600000.00 3723300000.00 138300000.00 -189700000.00 1106400000.00 152600000.00 276000000.00 1542600000.00 6749500000.00 -163900000.00 -60000000.00 -223900000.00 0.00 -73700000.00 -73700000.00 0.00 -150200000.00 0.00 0.00 0.00 0.00 -150200000.00 7600000.00 -142600000.00 0.00 0.00 163800000.00 1 -0.92 -0.92 0.00 0.00 -0.92 -0.92 1. The above unaudited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 7 August, 2024 and 8 August, 2024 and have been reviewed by the statutory auditors of the Company. These results have been prepared in accordance with Indian Accounting Standard (‘Ind AS’) prescribed under section 133 of the Companies Act, 2013 read with the relevant rules thereunder and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. 2. Exceptional items: (a) As at 31 March 2024, the Company carried out an impairment assessment of its investment in a wholly owned subsidiary (including a step-down subsidiary) in accordance with Ind AS 36 and compared the carrying value of investments with their recoverable amounts. The recoverable amount was determined based on the value in use derived from a discounted forecast cash flow model performed by an independent valuer. The carrying amount of the investment in the wholly owned subsidiary (including the step-down subsidiary) was determined to be higher than its recoverable amount, and an impairment loss of Rs. 10.51 crores was recognised during the quarter/ year ended 31 March 2024. During the quarter ended 30 June 2024, due to lesser sales than the budget, the Company has decided to further reduce the recoverable amount as at 30 June 2024. Accordingly, an impairment loss of Rs.6 crores has been recorded in these financial results. (b) During the previous year, due to challenging market conditions in the spinning industry, the Company decided not to proceed with the greenfield expansion project, which had been approved by the Board of Directors (BOD). The land allotted for the project was surrendered, and as per the agreement, a surrender fee of 20% of the land premium (Rs. 7.68 crores) was written off. Additionally, lease rent and other expenses amounting to Rs. 0.77 crores were written off. The total amount written off, Rs. 8.45 crores, has been disclosed as an “Exceptional item”. 3. The figures for the preceding 3 months ended 31 March 2024 as reported in the above standalone financial results are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of the previous financial year had only been reviewed and not subjected to audit. 4. The review report of the statutory auditors is being filed with BSE Limited and National Stock Exchange of India Limited. For more details on unaudited financial results, visit investor relation section of our website www.sutlejtextiles.com and financial results at Corporate section of www.bseindia.com and www.nseindia.com. 5. Segment information as per Ind AS-108, ‘Operating Segment’ is disclosed in Annexure-I. Others 807800000.00 Power & Fuel 734800000.00 Exceptional Items (Refer Note 2) 0.00 Home Textiles 394700000.00 Yarn 6133000000.00 6527700000.00 10300000.00 6517400000.00 Exceptional Items (Refer Note 2) -60000000.00 Home Textiles -21700000.00 Yarn 22500000.00 -59200000.00 152600000.00 12100000.00 -223900000.00 Exceptional Items (Refer Note 2) 0.00 Home Textiles 2241200000.00 Yarn 17975600000.00 20216800000.00 248000000.00 20464800000.00 Exceptional Items (Refer Note 2) 0.00 Home Textiles 754900000.00 Yarn 7224500000.00 7979400000.00 2865500000.00 10844900000.00 Remeasurement of defined benefit plans 11700000.00 11700000.00 4100000.00 0.00