SAKHTISUG2022-10-012022-12-31 SAKHTISUG2022-10-012022-12-31 SAKHTISUG2022-10-012022-12-31in-bse-fin:OneOperatingExpenses01Member SAKHTISUG2022-10-012022-12-31in-bse-fin:FourOperatingExpenses01Member SAKHTISUG2022-12-31 SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue01Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue02Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue03Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue04Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue05Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue06Member SAKHTISUG2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue01Member SAKHTISUG2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue02Member SAKHTISUG2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue03Member SAKHTISUG2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue04Member SAKHTISUG2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue05Member SAKHTISUG2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue06Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults01Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults02Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults03Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults04Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults05Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults06Member SAKHTISUG2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults01Member SAKHTISUG2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults02Member SAKHTISUG2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults03Member SAKHTISUG2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults04Member SAKHTISUG2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults05Member SAKHTISUG2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults06Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets01Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets02Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets03Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets04Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets05Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets06Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities01Member SAKHTISUG2022-12-31in-bse-fin:OneReportableSegmentLiabilities01Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities02Member SAKHTISUG2022-12-31in-bse-fin:OneReportableSegmentLiabilities02Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities03Member SAKHTISUG2022-12-31in-bse-fin:OneReportableSegmentLiabilities03Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities04Member SAKHTISUG2022-12-31in-bse-fin:OneReportableSegmentLiabilities04Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities05Member SAKHTISUG2022-12-31in-bse-fin:OneReportableSegmentLiabilities05Member SAKHTISUG2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities06Member SAKHTISUG2022-12-31in-bse-fin:OneReportableSegmentLiabilities06Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 507315 SAKHTISUG NOTLISTED Sakthi Sugars Limited Equity 2022-04-01 2023-03-31 2023-02-14 2023-02-06 INR Lakhs Third quarter 11:45:00 13:15:00 2023-02-14 2023-02-14 Not applicable Multi segment 2022-10-01 2022-12-31 Unaudited Standalone 1862134000.00 20300000.00 1882434000.00 1081601000.00 2610000.00 37433000.00 130634000.00 277685000.00 92731000.00 583588000.00 2206282000.00 -323848000.00 0.00 -323848000.00 0.00 -1210000.00 -1210000.00 0.00 -322638000.00 517955000.00 633000.00 517322000.00 0.00 194684000.00 1715000.00 196399000.00 196399000.00 0.00 1188490000.00 10 -2.71 -2.71 4.35 4.35 1.64 1.64 -0.03 0.00 0.01 The above financial results have been approved by the Board of Directors on 14.2.2023.The financial results have been prepared in accordance with Ind AS . During the period under review, the Company has approved the sale of Sugar and Distillery units at Dhenkanal and Soya unit at Pollachi, at competitive prices, for the purpose of raising funds to reduce the liabilities. The company has sold its Sugar and Distillery units at Dhenkanal for a consideration of Rs. 13410.00 lakhs on November 11, 2022, on slump sale basis and the company has recognised Rs.5624.98 Lakhs as profit on disposal of Dhenkanal units. Results of these units for all the periods presented have been disclosed as results from Discontinued Operations. The Company has recognised deferred tax asset on carried forward losses/unabsorbed depreciation and other items to the extent of deferred tax liability. Since FY 2019-20, the Company has adopted the policy of recognition of deferred tax asset to the extent of deferred tax liability. The Auditors have qualified their report for the quarter and period ended December 31, 2022. With reference to the statutory auditors remarks your directors wish to state that the Company is confident of obtaining favourable award and hence ECL is not provided. The Company has recorded accumulated losses of Rs.64996.37 lakhs as on December 31, 2022, resulted in complete erosion of its net worth. As of that date, Company’s current liabilities exceeded its current assets by Rs.63004.57 lakhs, These conditions indicate existence of material uncertainty that may cast a significant doubt on the Company’s ability to continue as a Going Concern. During the period under review, the Company has settled entire dues to ARCIL, Bank of India and Edelweiss Financial Services LimIted. The company has sold its Sugar and Distillery units in Dhenkanal on November 11, 2022 as stated above. Further, the Company is in the process of sale of certain investments, non-core assets and Soya unit in Pollachi to augment funds. In view of the above, the financial results have been prepared on a going concern basis. 7. Exceptional items, represent remission of interest liability on secured borrowings as per agreement. Multi segment 2022-04-01 2022-12-31 Unaudited Standalone 7305065000.00 44400000.00 7349465000.00 4451134000.00 10260000.00 138797000.00 338542000.00 811947000.00 276849000.00 1854467000.00 7881996000.00 -532531000.00 2057393000.00 1524862000.00 0.00 -1705000.00 -1705000.00 0.00 1526567000.00 451525000.00 -182000.00 451707000.00 0.00 1978274000.00 5610000.00 1983884000.00 1983894000.00 0.00 1188490000.00 10 12.84 12.84 3.80 3.80 16.64 16.64 -0.03 0.01 0.02 Other Expenses 583588000.00 Other Expenses 1854467000.00 Asset classified as held for sale 0.00 Discontinued Operation 520564000.00 Industrial Alcohol 333149000.00 Liabilties classified as held for sale 0.00 Power 594569000.00 Sugar 1753827000.00 Asset classified as held for sale 0.00 Discontinued Operation 2117595000.00 Industrial Alcohol 1064005000.00 Liabilties classified as held for sale 0.00 Power 2426212000.00 Sugar 7410230000.00 3202109000.00 13018042000.00 819411000.00 3595382000.00 2382698000.00 9422660000.00 Asset classified as held for sale 0.00 Discontinued Operation 517955000.00 Industrial Alcohol 17556000.00 Liabilties classified as held for sale 0.00 Power 18320000.00 Sugar -93274000.00 Asset classified as held for sale 0.00 Discontinued Operation 451525000.00 Industrial Alcohol 66093000.00 Liabilties classified as held for sale 0.00 Power 116355000.00 Sugar 77978000.00 460557000.00 711951000.00 277685000.00 811947000.00 -11235000.00 -2076383000.00 194107000.00 1976387000.00 Asset classified as held for sale 4479874000.00 Discontinued Operation 0.00 Industrial Alcohol 813138000.00 Liabilties classified as held for sale 0.00 Power 2525988000.00 Sugar 8454229000.00 16273229000.00 389812000.00 16663041000.00 Asset classified as held for sale 0.00 Discontinued Operation 0.00 Industrial Alcohol 189513000.00 Liabilties classified as held for sale 111189000.00 Power 1272538000.00 Sugar 3727801000.00 5301041000.00 13659377000.00 18960418000.00 -1715000.00 -5610000.00 0.00 0.00