HITECHCORP2024-04-012024-06-30 HITECHCORP2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member HITECHCORP2024-06-30 HITECHCORP2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 526217 HITECHCORP NOTLISTED Hitech Corporation Limited Equity 2024-04-01 2025-03-31 2024-08-08 2024-08-01 INR Lakhs First quarter 14:00:00 17:00:00 2024-08-08 2024-08-08 Not applicable Single segment Manufacturing of plastic containers 2024-04-01 2024-06-30 Audited Standalone 1426204000.00 9792000.00 1435996000.00 875810000.00 0.00 -4405000.00 110859000.00 39482000.00 86820000.00 281624000.00 1390190000.00 45806000.00 7658000.00 53464000.00 11711000.00 1284000.00 12995000.00 0.00 40469000.00 0.00 0.00 0.00 0.00 40469000.00 4310000.00 44779000.00 0.00 0.00 171757000.00 10 2.36 2.36 0.00 0.00 2.36 2.36 1. The (Audited) Standalone and (Unaudited) Consolidated financial results which are published in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, have been reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors of the Company at their respective meetings held on August 08, 2024. 2. The (Audited) Standalone and (Unaudited) Consolidated financial results are prepared in accordance with the Indian Accounting Standards (Ind AS) under section 133 of the Companies Act, 2013, read with prescribed relevant rules issued thereunder and other accounting principles generally accepted in India. 3. During quarter ended June 30, 2024, the Company has formed a 100% subsidiary, Hitech Global Inc. having its registered office in the state of Delaware, USA, with initial capital of USD 100,000 (equivalent to Rs. 84.60 lakhs). The Management certified results of the aforesaid subsidiary forms part of these unaudited consolidated financial results based on Ind AS 110 Consolidated Financial Statements . 4. The Company has identified Plastic Containers as its single primary reportable segment in accordance with the requirements of Ind AS 108 - Operating Segments. Accordingly, no separate segment information has been provided. 5. During quarter ended June 30, 2024, the Company received Orders from the Land Acquisition, Rehabilitation & Resettlement Authority, D & N. H., Silvassa under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (‘the Act’), aggregating Rs. 104.61 Lakhs as compensation for the compulsory acquisition of Land under the Act, which included interest of Rs. 9.32 Lakhs. The exceptional item of Rs. 76.58 Lakhs represents the excess of the compensation amount (net of interest) over the related carrying cost of the asset held for sale. Other Expenses 281624000.00 Remeasurement of defined benefit plans 6394000.00 6394000.00 2084000.00 0.00