SUTLEJTEX2024-07-012024-09-30 SUTLEJTEX2024-07-012024-09-30 SUTLEJTEX2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:OneOperatingExpenses02Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:FourOperatingExpenses02Member SUTLEJTEX2024-09-30 SUTLEJTEX2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue01Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue02Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue01Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue02Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults01Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults02Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults01Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults02Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets01Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets02Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member SUTLEJTEX2024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member SUTLEJTEX2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member SUTLEJTEX2024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532782 SUTLEJTEX NOTLISTED Sutlej Textiles and Industries Limited Equity 2024-04-01 2025-03-31 2024-11-08 2024-10-28 INR Crores Half yearly 11:30:00 12:25:00 2024-11-08 2024-11-08 true Cash Flow Indirect Not applicable Multi segment 2024-07-01 2024-09-30 Unaudited Standalone 6759900000.00 41800000.00 6801700000.00 3897900000.00 124900000.00 -125800000.00 1117200000.00 153200000.00 273700000.00 1627000000.00 7068100000.00 -266400000.00 0.00 -266400000.00 0.00 -89400000.00 -89400000.00 0.00 -177000000.00 0.00 0.00 0.00 0.00 -177000000.00 7700000.00 -169300000.00 0.00 0.00 163800000.00 1 -1.08 -1.08 0.00 0.00 -1.08 -1.08 1. The above unaudited standalone financial results were reviewed by the Audit Committee and approved by the Baord of Directors at their respective meetings held on 6 November 2024 and 8 November 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 amunts. 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 preceding quarter ended 30 June 2024, due to lesser sales than the budget, the Company has decided to further reduce the recoverable value. 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 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. 4. Segment information as per Ind AS-108, 'Operating Segment' is disclosed in Annexure-I. Multi segment 2024-04-01 2024-09-30 Unaudited Standalone 13277300000.00 110000000.00 13387300000.00 7621200000.00 263200000.00 -315500000.00 2223600000.00 305800000.00 549700000.00 3169600000.00 13817600000.00 -430300000.00 -60000000.00 -490300000.00 0.00 -163100000.00 -163100000.00 0.00 -327200000.00 0.00 0.00 0.00 0.00 -327200000.00 15300000.00 -311900000.00 0.00 0.00 163800000.00 1 -2.00 -2.00 0.00 0.00 -2.00 -2.00 Others 852000000.00 Power and Fuel 775000000.00 Others 1659800000.00 Power and Fuel 1509800000.00 10144200000.00 61000000.00 0.00 0.00 51900000.00 0.00 0.00 0.00 91400000.00 0.00 66300000.00 133600000.00 291300000.00 43100000.00 231500000.00 10823000000.00 4414600000.00 0.00 3876000000.00 297900000.00 29000000.00 0.00 519700000.00 4722600000.00 0.00 434800000.00 9572000000.00 0.00 0.00 20395000000.00 163800000.00 9286800000.00 9450600000.00 9450600000.00 3085800000.00 0.00 71500000.00 3157300000.00 122400000.00 175400000.00 0.00 23600000.00 3478700000.00 4943200000.00 1487700000.00 684700000.00 7115600000.00 174200000.00 175900000.00 0.00 0.00 7465700000.00 0.00 0.00 10944400000.00 20395000000.00 Home Textile 414200000.00 Yarn 6354200000.00 Home Textile 808900000.00 Yarn 12487200000.00 6768400000.00 13296100000.00 8500000.00 18800000.00 6759900000.00 13277300000.00 Home Textile -30100000.00 Yarn -72400000.00 Home Textile -51800000.00 Yarn -49900000.00 -102500000.00 -101700000.00 153200000.00 305800000.00 10700000.00 82800000.00 -266400000.00 -490300000.00 Home Textile 2326800000.00 Yarn 17801600000.00 20128400000.00 266600000.00 20395000000.00 Home Textile 1136500000.00 Yarn 7650800000.00 8787300000.00 2157100000.00 10944400000.00 305800000.00 558700000.00 -448700000.00 0.00 9200000.00 0.00 405600000.00 0.00 0.00 -9600000.00 0.00 -16200000.00 0.00 549800000.00 0.00 60800000.00 0.00 108200000.00 0.00 -400000.00 0.00 30400000.00 0.00 2600000.00 0.00 -27300000.00 66000000.00 -5200000.00 0.00 1528900000.00 1038600000.00 0.00 0.00 0.00 12600000.00 0.00 1026000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 33000000.00 241900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 66300000.00 0.00 0.00 0.00 0.00 29800000.00 0.00 400000.00 0.00 -245000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1000000000.00 1208400000.00 0.00 0.00 0.00 301100000.00 0.00 0.00 -509500000.00 271500000.00 0.00 271500000.00 26400000.00 297900000.00 11800000.00 23500000.00 4100000.00 8200000.00 0.00 0.00