SAKHTISUG2023-04-012023-06-30 SAKHTISUG2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member SAKHTISUG2023-06-30 SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue03Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue04Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue05Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue06Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults03Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults04Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults05Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults06Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets03Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets04Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets05Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets06Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member SAKHTISUG2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member SAKHTISUG2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member SAKHTISUG2023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member SAKHTISUG2023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities05Member SAKHTISUG2023-06-30in-bse-fin:OneReportableSegmentLiabilities05Member SAKHTISUG2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities06Member SAKHTISUG2023-06-30in-bse-fin:OneReportableSegmentLiabilities06Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 507315 SAKHTISUG NOTLISTED Sakthi Sugars Limited Equity 2023-04-01 2024-03-31 2023-08-14 2023-08-04 INR Lakhs First quarter 12:15:00 13:20:00 2023-08-14 2023-08-14 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Standalone 3698096000.00 36173000.00 3734269000.00 2459102000.00 4565000.00 -62069000.00 175855000.00 259130000.00 91827000.00 733299000.00 3661709000.00 72560000.00 1058919000.00 1131479000.00 0.00 308408000.00 308408000.00 0.00 823071000.00 -24024000.00 -6548000.00 -17476000.00 0.00 805595000.00 5934000.00 811529000.00 0.00 0.00 1188490000.00 10 6.93 6.93 -0.15 -0.15 6.78 6.78 0.07 0.01 0.02 The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors on August 14, 2023. The financial results have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ( Ind AS ) 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. During the FY 2022-23, the company has sold its Sugar and Distillery units at Dhenkanal for a consideration of Rs.13410.00 Lakhs, on slump sale basis and 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 Auditors have qualified their report for the quarter ended June 30, 2023, as under: No provision for the expected credit loss/ impairment on interest receivable from an erstwhile associate company of Rs. 25219.69 lakhs have been recognized as per the requirement of Ind AS 109 Financial Instruments . In view of non-recoveries, non-confirmations/reconciliation from the debtor company, initiation of legal action against the interest claim of the company and in absence of clear forward looking information regarding outcome of pending Legal actions initiated and time frame and quantum of realisability of the interest receivable, we are unable to determine the amount of expected credit loss/ impairment as per the requirements of Ind-AS 109 Financial Instruments and its consequential impact on the financial results.This matter was also qualified by the predecessor auditors in their report on the financial statements for the year ended March 31, 2020, March 31, 2021, and March 31, 2022. Board of Directors have considered the qualification made by the Auditors and have addressed the same as under: 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. Exceptional items, represent remission of interest liability on secured borrowings as per relevant agreement. The figures of previous periods/year have been re-grouped/ re-classified wherever necessary. Other Expenses 733299000.00 Assets Classified as held for Sale 0.00 Discontinued Operation 322000000.00 Industrial Alcohol 620611000.00 Liabilities Dir. Ass. with Assets Clasf. as held for Sale 0.00 Power 1204987000.00 Sugar 3708025000.00 5855623000.00 1835527000.00 4020096000.00 Assets Classified as held for Sale 0.00 Discontinued Operation -24024000.00 Industrial Alcohol 124220000.00 Liabilities Dir. Ass. with Assets Clasf. as held for Sale 0.00 Power 103119000.00 Sugar 92538000.00 295853000.00 259130000.00 -1070732000.00 1107455000.00 Assets Classified as held for Sale 2614614000.00 Discontinued Operation 0.00 Industrial Alcohol 776852000.00 Liabilities Dir. Ass. with Assets Clasf. as held for Sale 0.00 Power 2850827000.00 Sugar 8655303000.00 14897596000.00 1464436000.00 16362032000.00 Assets Classified as held for Sale 0.00 Discontinued Operation 0.00 Industrial Alcohol 212244000.00 Liabilities Dir. Ass. with Assets Clasf. as held for Sale 103935000.00 Power 1349679000.00 Sugar 2191615000.00 3857473000.00 11801306000.00 15658779000.00 -5137000.00 -797000.00