STANLEY2024-04-012024-06-30 STANLEY2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member STANLEY2024-06-30 STANLEY2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member STANLEY2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member STANLEY2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member STANLEY2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member STANLEY2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member STANLEY2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 544202 STANLEY NA Stanley Lifestyles Limited Equity 2024-04-01 2025-03-31 2024-08-14 2024-08-07 INR Millions First quarter 16:35:00 18:15:00 2024-08-14 2024-08-14 Not applicable Geographical 2024-04-01 2024-06-30 Unaudited Consolidated 1007000000.00 17000000.00 1024000000.00 347000000.00 52000000.00 73000000.00 141000000.00 53000000.00 107000000.00 193000000.00 966000000.00 58000000.00 0.00 58000000.00 23000000.00 -3000000.00 20000000.00 0.00 38000000.00 0.00 0.00 0.00 0.00 38000000.00 2000000.00 40000000.00 38000000.00 0.00 2000000.00 0.00 114000000.00 2 0.73 0.73 0.00 0.00 0.73 0.73 1.The consolidated financial results of the following entities have been consolidated with the financial results of Stanley Lifestyles Limited (hereinafter referred to as the Parent Company ) Stanley Retail Limited (Subsidiary) Stanley OEM Sofas Limited (Subsidiary) ABS Seating Private Limited (Subsidiary) Shrasta Décor Private Limited (Step Down Subsidiary) Sana Lifestyles Limited (Step Down Subsidiary) Staras Seating Private Limited (Step Down Subsidiary) Scheek Home Interiors Limited (Step Down Subsidiary) 2. The Parent Company's equity shares have been listed on Bombay Stock Exchange Limited ( BSE ) and on National Stock Exchange of India Limited ( NSE ) on June 28, 2024 by completing Initial Public Offering of 14,553,508 equity shares of face value of Rs. 2 each at an issue price of Rs. 369 per equity share, consisting of an offer for sale of 9,133,454 equity shares by selling shareholders and fresh issue of 5,420,054 equity shares. Accordingly, the above Statement of Consolidated Financial Results for the quarter ended June 30, 2024 ( Statement ) are drawn up in accordance with the requirements of Regulation 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations 2015, ( Listing Requirements ) as amended . 3. The Consolidated Financial Results of Stanley Lifestyles Limited (“the Parent Company”) and its subsidiaries (together referred to as “the Group”) for the quarter ended June 30, 2024 have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on August 14, 2024 and have been reviewed by the statutory auditors of the Parent Company. The statutory auditors of the Parent Company have expressed unmodified opinion on the aforesaid results. 4. The Consolidated Financial Results have been prepared in accordance with the recognition and measurement principles laid down in the applicable accounting standards prescribed under Section 133 of the Companies Act, 2013, read with the Companies (Indian Accounting Standards) Rules, 2015, as amended, and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 5. The primary reporting of the Group has been made on the basis of Business Segments. The Group has a single business segment as defined in Indian Accounting Standard (Ind AS) 108 on Segment Reporting, namely business of manufacturing and trading of furniture and leather products. The Managing Director of the Group allocates and assess the performance of the Group and is the chief operating decision maker (CODM). The CODM monitors the operating results of the business as a single segment, hence no separate segment need to be considered. 6. The figures for the quarter ended March 31, 2024 as reported in these Consolidated Financial Results are the balancing figures between audited figures in respect of the full financial year and the audited year-to-date published audited figures up to the end of the third quarter of the current financial year. 7. The corresponding figures for the quarter ended June 30, 2023 included in the Consolidated Financial Results were not subject to audit/review by the Statutory Auditors. However, the Management has exercised necessary diligence to ensure that the financial results for this period provide a true and fair view of the Company's affairs. 8. The Code on Social Security, 2020 (‘Code’) relating to employee benefits during employment and post- employment benefits received Presidential assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code will come into effect has not been notified. The Group will assess the impact of the Code when it comes into effect and will record any related impact in the period when the Code becomes effective. 9. All amounts disclosed in consolidated financial results and notes have been rounded off to the nearest million, unless otherwise stated. Other Expenses 193000000.00 manufacture of furniture 1007000000.00 1007000000.00 1007000000.00 manufacture of furniture 111000000.00 111000000.00 53000000.00 58000000.00 manufacture of furniture 7912000000.00 7912000000.00 manufacture of furniture 3286000000.00 3286000000.00 Remeasurement of gain /(losses) on defined benefit plan 2000000.00 2000000.00 0.00 0.00