UNITEDPOLY2023-01-012023-03-31 UNITEDPOLY2023-01-012023-03-31 UNITEDPOLY2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member UNITEDPOLY2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member UNITEDPOLY2023-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 123456 UNITEDPOLY NOTLISTED United Polyfab Gujarat Limited Equity 2022-04-01 2023-03-31 2023-05-15 2023-05-09 INR Lakhs Yearly 17:00:00 18:15:00 2023-05-15 2023-05-15 true Cash Flow Indirect Declaration of unmodified opinion Single segment TEXTILE-YARN MANUFACTURING 2023-01-01 2023-03-31 Audited Standalone 1796194000.00 3243000.00 1799437000.00 1626486000.00 0.00 3397000.00 22792000.00 22970000.00 31807000.00 75972000.00 1783424000.00 16013000.00 0.00 16013000.00 1044000.00 5284000.00 6328000.00 0.00 9685000.00 0.00 0.00 0.00 0.00 9685000.00 -1172000.00 8513000.00 0.00 0.00 209516000.00 10 0.41 0.41 0.00 0.00 0.41 0.41 0.00 0.00 0.00 Notes on Financial Results:- 1 The above audited financial results of Company have been reviewed by the Audit Committee in its meeting held on May 15, 2023 and approved by the Board of Directors in their meeting held on May 15, 2023. 2 The statutory auditor have carried out an audit for the above result for the financial year ended 31st March, 2023 and issued an unmodified opinion on the same. 3 The Company adopted Indian accounting Standards ( Ind AS ) from December 31, 2021 and accordingly these financial result have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 Interim Financial Reporting' prescribed under section 133 of the Companies Act 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India. Financial results for the quarter presented have been prepared in accordance with the recognition and measurement principles of Ind AS 34. 4 Members of the Company, in their meeting held on October 21, 2021, accorded approval for migration of listing / trading of equity shares of the Company from SME Platform (NSE – Emerge) of National Stock Exchange of India Limited to the main Board of National Stock Exchange of India. The Company has received approval from National Stock Exchange of India Limited for migration of Equity Shares of the Company from SME exchange platform of National Stock Exchange Limited to main Board of the stock exchanges w.e.f December 31, 2021. 5 Earning per shares are calculated on weighted average of the share capital outstanding during the year. Quarterly EPS is not annualised. 6 Considering the nature of the Company's business and operations, as well as based on reviews performed by Chief operating decision maker regarding resource allocation and performance management, the Company has identified Textiles as reportable segment in accordance with the requirements of Ind AS 108 - Operating Segments 7 Previous year's/ period's figures have been regrouped/ rearranged/ restated/ adjusted/ rectified wherever considered necessary and to give effect to the adjustments/ corrections with retrospective effect to rectify prior period errors and omissions in line with Ind AS - 8: Accounting Policies, Changes in Accounting Estimates and Errors . 8 The figures for the quarter ended March 31, 2023 and March 31, 2022 are balancing figures between audited figures in respect of the full financial year and year to date figures upto the third quarter of the relevant financial year, which were subjected to limited review. 9 The Parliament of India has approved the Code on Social Security, 2020 (the Code) which may impact the contributions by the Company towards provident fund, gratuity and ESIC. The Ministry of Labour and Employment has released draft rules for the Code on November 13, 2020. Final rules are yet to be notified. The Company will assess the impact of the Code when it comes into effect and will record related impact, if any. 10 The company is primarily engaged in the business of textile, information reported to and evaluated regularly by chief operating decision maker (CODM) for the purposes of resource allocation and assessing performance focuses on the business as a whole and accordingly, in the context of operating segment under the India Accounting standard 108, there is a single reportable segment. Single segment 2022-04-01 2023-03-31 Audited Standalone 6526032000.00 9004000.00 6535036000.00 6001553000.00 0.00 -56041000.00 67702000.00 88146000.00 126277000.00 226748000.00 6454385000.00 80651000.00 0.00 80651000.00 15646000.00 10227000.00 25873000.00 0.00 54778000.00 0.00 0.00 0.00 0.00 54778000.00 -1172000.00 53606000.00 0.00 0.00 209516000.00 10 427387000.00 2.56 2.56 0.00 0.00 2.56 2.56 0.00 0.00 0.00 Other Expenses 75972000.00 Other Expenses 226748000.00 930537000.00 2323000.00 3705000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 609000.00 609000.00 0.00 0.00 937174000.00 153893000.00 0.00 714073000.00 75123000.00 12548000.00 21200000.00 468000.00 823412000.00 1126000.00 62598000.00 1041029000.00 0.00 0.00 1978203000.00 209516000.00 427386000.00 636902000.00 636902000.00 612208000.00 0.00 0.00 612208000.00 4249000.00 41583000.00 0.00 0.00 658040000.00 528643000.00 97111000.00 0.00 625754000.00 41872000.00 2906000.00 12729000.00 0.00 683261000.00 0.00 0.00 1341301000.00 1978203000.00 88146000.00 -109727000.00 135830000.00 0.00 -7284000.00 0.00 -20444000.00 25806000.00 0.00 -140308000.00 0.00 379000.00 0.00 126277000.00 0.00 2624000.00 0.00 -8018000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 93281000.00 173932000.00 0.00 0.00 0.00 16323000.00 0.00 157609000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 79293000.00 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 0.00 0.00 0.00 0.00 -79293000.00 0.00 0.00 0.00 31000000.00 0.00 0.00 0.00 0.00 24691000.00 97543000.00 0.00 0.00 0.00 88146000.00 0.00 0.00 -129998000.00 -51682000.00 0.00 -51682000.00 126806000.00 75124000.00 -1172000.00 -1172000.00 0.00 0.00 0.00 0.00