ATLASCYCLE2024-10-012024-12-31 ATLASCYCLE2024-10-012024-12-31 ATLASCYCLE2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member ATLASCYCLE2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member ATLASCYCLE2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 505029 ATLASCYCLE NOTLISTED Atlas Cycles (Haryana) Limited Equity 2024-04-01 2025-03-31 2025-01-17 2025-01-08 INR Lakhs Third quarter 11:00:00 12:22:00 2025-01-17 2025-01-17 Not applicable Single segment Cycles Manufacturing 2024-10-01 2024-12-31 Audited Standalone 22008000.00 20016000.00 42024000.00 19492000.00 0.00 0.00 5983000.00 787000.00 4987000.00 8093000.00 39342000.00 2682000.00 0.00 2682000.00 0.00 0.00 0.00 0.00 2682000.00 0.00 0.00 0.00 0.00 2682000.00 0.00 2682000.00 0.00 0.00 32519000.00 5 0.41 0.41 0.00 0.00 0.41 0.41 This includes excess provision for gratuity amounting Rs. 11017665 (Rs. One Crore Ten Lakh Seventeen Thousand Six Hundred Sixty-Five) made in Sahibabad unit of the company earlier in the financial year of 2019-2020 has now been written back as it is no more required and this also includes Rs 65757975/- (Rs. Six Cores Fifty-Seven Lakhs Fifty Seven Thousand Nine Hundred Seventy Five Only) pertaining to the provision for salary and benefits claimed by 23 employees of Sonepat Unit of the company for the period from 1st January, 2020 to 6th December, 2022 in the Court of Shri Sunil Nandal, Authority, under the payment of Wages Act, 1936, Circle-1, Sonepat. The Company disputed the claim based on the fact NO WORK AND NO WAGES as Sonepat Unit was sealed by Municipal Corporation, Sonepat, and the operations of the unit remained closed, with no attendance of these employees. Since, the claim applications filed by the above said employees have been disposed by the Adjudicating Authority without giving any relief, on account of which the company has reversed the said provision, Some of the employees have now gone to NCLT, Delhi, where no interim relief has so far been granted. In view of the above, the company management has decided to consider this liability as contingent liability only, pending Court adjudication. Notes to Financial Results 1. These Standalone Unaudited financial results have been prepared in accordance with the Indian Accounting Standards (referred to as Ind AS ) 34 Interim Financial Reporting prescribed under Section 133 of Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time. 2. The company operates only in one reportable segment i.e. Cycles. 3. The aforesaid standalone Un-audited Financial Results of Atlas Cycles (Haryana) Limited ( the Company ) for the third quarter ended and nine months ended December 31, 2024 have been reviewed by the Audit Committee and approved by the Board of Directors at its respective meeting held on 17th January 2025. The results for the quarter ended and nine month ended on December 31, 2024 have been subjected to limited review by the Statutory Auditors of the Company. 4. Previous Quarters/ Half year/Years figures have been regrouped, re arranged or re classified wherever necessary to confirm to the classification for the current quarter/ nine nonth. Single segment 2024-04-01 2024-12-31 Unaudited Standalone 82872000.00 154963000.00 237835000.00 71554000.00 0.00 19200000.00 17299000.00 853000.00 15685000.00 27957000.00 152548000.00 85287000.00 0.00 85287000.00 0.00 0.00 0.00 0.00 85287000.00 0.00 0.00 0.00 0.00 85287000.00 0.00 85287000.00 0.00 0.00 32519000.00 5 13.11 13.11 0.00 0.00 13.11 13.11 OTHER EXPENSES 8093000.00 OTHER EXPENSES 27957000.00