SALSTEEL2023-01-012023-03-31 SALSTEEL2023-01-012023-03-31 SALSTEEL2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member SALSTEEL2023-01-012023-03-31in-bse-fin:OneOperatingExpenses02Member SALSTEEL2023-01-012023-03-31in-bse-fin:OneOperatingExpenses03Member SALSTEEL2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member SALSTEEL2023-01-012023-03-31in-bse-fin:FourOperatingExpenses02Member SALSTEEL2023-01-012023-03-31in-bse-fin:FourOperatingExpenses03Member SALSTEEL2023-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532604 SALSTEEL NOTLISTED S.A.L. Steel Limited Equity 2022-04-01 2023-03-31 2023-05-29 2023-05-19 INR Crores Yearly 15:30:00 18:20:00 2023-05-29 2023-05-29 true Cash Flow Indirect Declaration of unmodified opinion Single segment FERRO ALLOY & SPONGE IRON 2023-01-01 2023-03-31 Audited Standalone 1065200000.00 57900000.00 1123100000.00 794300000.00 0.00 -11700000.00 46900000.00 33000000.00 23900000.00 235700000.00 1122100000.00 1000000.00 0.00 1000000.00 2900000.00 -700000.00 2200000.00 0.00 -1200000.00 0.00 0.00 0.00 0.00 -1200000.00 600000.00 -600000.00 0.00 0.00 849700000.00 10 -0.01 -0.01 0.00 0.00 -0.01 -0.01 1. The above Audited results were reviewed and recommended by the Audit Committee and were approved by the Board of Directors at its meeting held on 29th May 2023.The Statutory Auditors have carried out audit of the Financial Results for the quarter and year ended on March 31, 2023. 2. The format for above results as prescribed in SEBI's Circular CIR/CFD/CMD/15/2015 dated November 30, 2015 has been modified to comply with requirements of SEBI's Circular dated July 5, 2016, IND AS and Schedule III [Division II] to the Companies Act, 2013 applicable to companies that are required to comply with IND AS. 3. Results for the quarter and year ended as on 31.03.2023 have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (IND AS) notified by the Ministry of Corporate Affairs. The results for the quarters have been restated as per IND AS and are comparable on like to like basis. 4. Previous period figures have been regrouped and / or rearranged wherever necessary to make their classification comparable with the current period. 5. During the quarter under review the company has received SGST Refund of Rs 278.15 lakhs and the same has been credited to Otheroperating income in the Statement of Profit and loss account. 6. The Figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published year-to date figures upto the third quarter of the current financial year. 7. The Company is manufacturing Ferro Alloys & Sponge Iron, which is basically used in Iron & Steel Industry. Further power generated in the company in its power plant is used for captive as well as trading purpose. In view of this, the company has to consider “ Iron & Steel” and “Power” as Primary Reportable business segment, as per Ind As 108, Operating Segment. However, due to substantial competition, risk, on-going position of Company and largely in the interest of the Company as well as interest of the stake holders involved, the management has not made disclosure of Primary Reportable segment as per Ind As 108, Operating Segment. Further, in view of the fact that the Company has its business within the geographical territory of India, Company has considered “INDIAN GEOGRAPHY” as the only secondary reportable business segment, as per the Ind As 108, Operating Segment. Accordingly, compnay is not require to submit segment reporting. Single segment 2022-04-01 2023-03-31 Audited Standalone 4957300000.00 144000000.00 5101300000.00 3759100000.00 0.00 -34500000.00 187300000.00 78200000.00 95400000.00 960600000.00 5046100000.00 55200000.00 0.00 55200000.00 22900000.00 -3100000.00 19800000.00 0.00 35400000.00 0.00 0.00 0.00 0.00 35400000.00 1500000.00 36900000.00 0.00 0.00 849700000.00 10 -471300000.00 0.42 0.42 0.00 0.00 0.42 0.42 Consumption of Stores & Spares 65700000.00 Other Expenses 53500000.00 Power Cost & Cost of Power Generation 116500000.00 Consumption of Stores & Spares 257000000.00 Other Expenses 155200000.00 Power Cost & Cost of Power Generation 548400000.00 1362800000.00 31900000.00 0.00 0.00 600000.00 0.00 0.00 0.00 0.00 4700000.00 0.00 25600000.00 30300000.00 0.00 2200000.00 1427800000.00 586700000.00 0.00 699300000.00 2200000.00 6800000.00 0.00 0.00 708300000.00 0.00 44600000.00 1339600000.00 0.00 0.00 2767400000.00 849700000.00 -434400000.00 415300000.00 415300000.00 1250000000.00 12700000.00 0.00 1262700000.00 8700000.00 185400000.00 0.00 0.00 1456800000.00 0.00 289700000.00 63500000.00 353200000.00 508600000.00 18700000.00 14800000.00 0.00 895300000.00 0.00 0.00 2352100000.00 2767400000.00 78200000.00 -100000000.00 159200000.00 0.00 0.00 0.00 0.00 0.00 0.00 -180900000.00 0.00 0.00 0.00 95400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 600000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 51300000.00 106500000.00 0.00 0.00 0.00 22900000.00 0.00 83600000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 21800000.00 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 600000.00 0.00 0.00 0.00 -21200000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8400000.00 0.00 0.00 0.00 0.00 0.00 0.00 -78200000.00 -69800000.00 -7400000.00 0.00 -7400000.00 16400000.00 9000000.00 -600000.00 -1500000.00