CENTURYTEX2023-04-012023-06-30 CENTURYTEX2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneOperatingExpenses02Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneOperatingExpenses03Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneOperatingExpenses04Member CENTURYTEX2023-06-30 CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue03Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue04Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue05Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults03Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults04Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults05Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets03Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets04Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets05Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member CENTURYTEX2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member CENTURYTEX2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member CENTURYTEX2023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member CENTURYTEX2023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities05Member CENTURYTEX2023-06-30in-bse-fin:OneReportableSegmentLiabilities05Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member CENTURYTEX2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500040 CENTURYTEX NOTLISTED Century Textiles & Industries Limited Equity 2023-04-01 2024-03-31 2023-07-19 2023-07-11 INR Crores First quarter 11:45:00 12:40:00 2023-07-19 2023-07-19 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Consolidated 11173300000.00 80500000.00 11253800000.00 6478400000.00 166900000.00 -139700000.00 872700000.00 129600000.00 584200000.00 2531900000.00 10624000000.00 629800000.00 -644000000.00 -14200000.00 66600000.00 -61600000.00 5000000.00 0.00 -19200000.00 0.00 0.00 0.00 -51400000.00 -70600000.00 264800000.00 194200000.00 -58800000.00 -11800000.00 206000000.00 -11800000.00 1116900000.00 10 -0.53 -0.53 0.00 0.00 -0.53 -0.53 0.00 0.01 0.06 Please note that the point no. 1 Income Revenue from Operations for quarter ended 30th June, 2023 consists of Sales Rs. 1106.44 & Other Operating Income Rs. 10.89 1.The above consolidated financial results have been reviewed and recommended for adoption by the Audit Committee to the Board of Directors and have been approved by the Board at its meeting held on July 19, 2023. 2.The Nomination and Remuneration Committee of the Board of Directors of the Holding Company at its meeting held on June 22, 2023 has approved grant of 12,02,590 stock options to the certain employee(s) of the Group under CTIL Employee Stock Option Scheme 2023 (‘the Scheme'). This Scheme has been approved by the Board of Directors of the Holding Company vide its resolution dated January 16, 2023 and also by Shareholders through postal ballot via remote e-voting on March 09, 2023 in terms of SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021. The eligible employees will be entitled to receive equity shares of the Holding Company at the exercise price of Rs. 758.55 per share upon exercise of options subject to terms and conditions specified in the Scheme. For the said purpose, the Group Company had formed CTIL Employee Welfare Trust, an Employee Benefit Trust (Trust) as a vehicle for the purpose of secondary acquisition of shares of the Holding Company on recognized stock exchanges and for transferring shares to the eligible employees upon exercise of options under the aforesaid Scheme. During the quarter, the Trust has purchased 12,52,480 equity shares of the Holding Company from the secondary market for an aggregate consideration of Rs. 95.01 crore for the purpose of implementation of the Scheme. The Group Company considered Trust as its extension and shares held by the said Trust are treated as treasury shares which has been adjusted with the other equity. 3.Exceptional items: a. During the quarter, the Group Company has initiated the process to restructure its Textile business operations at Bharuch Plant ('Plant') which includes outsourcing some of the material from the third party instead of manufacturing it in the plant. Accordingly, the Company has decided to dispose off some of the plant & machinery and raw material inventory relating to such processes. Group Company has assessed the recoverability of said plant & machinery and raw material inventory and recognized the provision amounting to Rs. 47.00 crores as an exceptional item. Further, Group Company has also announced the Voluntary Retirement Scheme ('VRS') for the employees working for such processes and all the related employees have accepted the same. On acceptance, Group Company has paid the compensation and recognized an expense of Rs. 17.40 crores as an exceptional item. b. During the previous quarter and year ended March 31, 2023 the company had transferred its leasehold land in Gujarat to Grasim Industries Limited and the gain on transfer amounting to Rs. 134.21 Crores was recorded as an exceptional item in the financial results. Please refer pdf results for notes & consolidate ratios. Freight, forwarding, etc. 199700000.00 Others 759400000.00 Power, fuel and water 1387200000.00 Stores and spare parts consumed 185600000.00 Exceptional items - Textiles 0.00 Others 20500000.00 Pulp and Paper 8360700000.00 Real Estate 373900000.00 Textiles 2310300000.00 11065400000.00 1000000.00 11064400000.00 Exceptional items - Textiles -644000000.00 Others 4200000.00 Pulp and Paper 1126800000.00 Real Estate -175800000.00 Textiles -107600000.00 203600000.00 129600000.00 139600000.00 For Segment 2 - Segment Result: Exceptional item - Textiles: During the quarter, the Group Company has initiated the process to restructure its Textile business operations at Bharuch Plant ('Plant') which includes outsourcing some of the material from the third party instead of manufacturing it in the plant. Accordingly, the Company has decided to dispose off some of the plant & machinery and raw material inventory relating to such processes. Group Company has assessed the recoverability of said plant & machinery and raw material inventory and recognized the provision amounting to Rs. 47.00 crores as an exceptional item. Further, Group Company has also announced the Voluntary Retirement Scheme ('VRS') for the employees working for such processes and all the related employees have accepted the same. On acceptance, Group Company has paid the compensation and recognized an expense of Rs. 17.40 crores as an exceptional item. -65600000.00 Exceptional items - Textiles 0.00 Others 267700000.00 Pulp and Paper 29115400000.00 Real Estate 50325900000.00 Textiles 8733400000.00 88442400000.00 6921300000.00 95363700000.00 Exceptional items - Textiles 0.00 Others 127200000.00 Pulp and Paper 3998300000.00 Real Estate 22788400000.00 Textiles 10250500000.00 37164400000.00 18605500000.00 55769900000.00 Items that will not be reclassified to profit or loss 264800000.00 264800000.00 0.00 Items that will be reclassified to profit or loss 0.00 0.00 0.00