HITECHCORP2024-07-012024-09-30 HITECHCORP2024-07-012024-09-30 HITECHCORP2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member HITECHCORP2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member HITECHCORP2024-09-30 HITECHCORP2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HITECHCORP2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HITECHCORP2024-07-012024-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member HITECHCORP2024-07-012024-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 526217 HITECHCORP NOTLISTED Hitech Corporation Limited Equity 2024-04-01 2025-03-31 2024-11-13 2024-11-08 INR Lakhs Half yearly 16:00:00 18:30:00 2024-11-13 2024-11-13 true Cash Flow Indirect Not applicable Single segment Manufacturing of Plastic Containers 2024-07-01 2024-09-30 Unaudited Consolidated 1465130000.00 3642000.00 1468772000.00 902383000.00 0.00 -10427000.00 109170000.00 40996000.00 90885000.00 296334000.00 1429341000.00 39431000.00 0.00 39431000.00 15063000.00 -3439000.00 11624000.00 0.00 27807000.00 0.00 0.00 0.00 0.00 27807000.00 -3879000.00 23928000.00 0.00 0.00 0.00 0.00 171757000.00 10 1.62 1.62 0.00 0.00 1.62 1.62 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 November 13, 2024. The Standalone financial results / consolidated financial results have been audited / reviewed by the statutory auditor of the Company, who have issued an unmodified audit opinion / conclusion review report thereon. 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. 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. 4. 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 for the quarter and half year ended September 30, 2024 and for the quarter ended June 30, 2024 based on Ind AS 110 Consolidated Financial Statements . 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. Single segment 2024-04-01 2024-09-30 Unaudited Consolidated 2891334000.00 12666000.00 2904000000.00 1778193000.00 0.00 -14832000.00 220989000.00 80478000.00 177705000.00 577841000.00 2820374000.00 83626000.00 7658000.00 91284000.00 26774000.00 -2155000.00 24619000.00 0.00 66665000.00 0.00 0.00 0.00 0.00 66665000.00 307000.00 66972000.00 0.00 0.00 0.00 0.00 171757000.00 10 3.88 3.88 0.00 0.00 3.88 3.88 Other Expenses 296334000.00 Other Expenses 577841000.00 2580954000.00 132275000.00 65744000.00 0.00 1447000.00 0.00 0.00 0.00 11403000.00 0.00 0.00 62178000.00 73581000.00 98562000.00 45332000.00 2997895000.00 451820000.00 0.00 492123000.00 7899000.00 2796000.00 0.00 11486000.00 514304000.00 0.00 71733000.00 1037857000.00 3747000.00 0.00 4039499000.00 171757000.00 2512228000.00 2683985000.00 2683985000.00 275863000.00 0.00 61404000.00 337267000.00 72811000.00 23032000.00 0.00 0.00 433110000.00 523689000.00 282978000.00 74079000.00 880746000.00 9476000.00 28653000.00 3529000.00 0.00 922404000.00 0.00 0.00 1355514000.00 4039499000.00 80478000.00 -31158000.00 -69632000.00 0.00 -15892000.00 -15110000.00 26561000.00 0.00 0.00 92636000.00 0.00 -1206000.00 0.00 177705000.00 0.00 3604000.00 0.00 4928000.00 0.00 -1588000.00 0.00 3613000.00 0.00 0.00 0.00 0.00 0.00 -719000.00 0.00 246994000.00 338278000.00 0.00 0.00 0.00 47786000.00 0.00 290492000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 18680000.00 294621000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3689000.00 0.00 -328000.00 0.00 -272580000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 157803000.00 68244000.00 10897000.00 0.00 17257000.00 77851000.00 0.00 0.00 -16446000.00 1466000.00 0.00 1466000.00 6433000.00 7899000.00 Remeasurement of defined benefit plans -5843000.00 Remeasurement of defined benefit plans 551000.00 -5843000.00 551000.00 -1930000.00 154000.00 Exchange differences in translating financial statements of foreignnoperations 34000.00 Exchange differences in translating financial statements of foreignnoperations -90000.00 34000.00 -90000.00 0.00 0.00