5300752022-04-012022-06-305300752022-04-012022-06-30in-bse-fin:OtherExpenses1Member5300752022-04-012022-06-30in-bse-fin:OtherExpenses2Member5300752022-04-012022-06-30in-bse-fin:OtherExpenses3Member5300752022-04-012022-06-30in-bse-fin:OtherExpenses4Member5300752022-04-012022-06-30

ItemsThatWillNotBeReclassifiedToProfitAndLoss1

iso4217:INRiso4217:INRxbrli:shares

530075

SELAN

NOT APPLICABLE

INE818A01017

SELAN EXPLORATION TECHNOLOGY LIMITED

Equity

2022-04-01

2023-03-31

2022-08-08

2022-07-29

INR

Lakhs

First quarter

Single segment

Production of Oil and Natural Gas

2022-08-08

04:00:00

2022-08-08

05:00:00

Not applicable

2022-04-01

2022-06-30

Unaudited

Standalone

301200000

21100000

322300000

-4700000

11000000

100000

5300000

188000000

199700000

122600000

38500000

-6700000

31800000

90800000

200000

91000000

15200000

5.97

Notes: 1. The Statement has been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (Ind AS) prescribed under Section 133 of Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 2. Residual value of Property, Plant and Equipment (PPE) is considered as Nil for the purpose of depreciation calculation. 3. The selling price of crude oil is determined at the prevailing international market rates in US Dollars. Fluctuations in the international price of crude oil and Dollar vs Rupee Exchange rates, affect the profitability of the company. 4. The Company operates in a single segment of production of Oil and Natural gas. Therefore, Ind AS-108 on Segment Reporting is not applicable to the Company. 5. Previous period figures have been reclassified / regrouped / restated, wherever necessary. 6. The Company is under new management with a reconstituted Board of Directors 7. Debtors include an amount of Rs. 139 lakhs recoverable from IOCL, deducted by them from the June remittance for Bakrol and Lohar. This is on account of IOCL's interpretation of USD / INR conversion rate to be applied vis - a - vis the corresponding period invoicing done on Sale of Crude Oil by Selan. 8. The statement includes the results for the quarter ended 31 March 2022 being the balancing figure between audited figures in respect of the full financial year, and the published year to date figures of the Company upto the third quarter of the previous financial year. 9. The above results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 8 August 2022.

Operating Expenses

25800000

Royalty and cess

97800000

Development of Hydrocarbon Properties amortised

47300000

Other Expenses

17100000

Re-measurement gains (losses) on defined benefit plans

260000

60000