SOMATEX2023-04-012023-06-30 SOMATEX2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member SOMATEX2023-06-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 521034 SOMATEX NOTLISTED Soma Textiles & Industries Limited Equity 2023-04-01 2024-03-31 2023-08-14 2023-08-02 INR Lakhs First quarter 14:15:00 14:55:00 2023-08-14 2023-08-14 Not applicable Single segment TEXTILES 2023-04-01 2023-06-30 Unaudited Consolidated 10700000.00 6800000.00 17500000.00 0.00 10700000.00 0.00 4000000.00 2000000.00 800000.00 4000000.00 21500000.00 -4000000.00 8000000.00 4000000.00 0.00 0.00 0.00 0.00 4000000.00 0.00 0.00 0.00 0.00 4000000.00 0.00 4000000.00 0.00 0.00 330300000.00 10 0.12 0.12 0.00 0.00 0.12 0.12 1. The above consolidated financial results for the quarter ended 30th June, 2023 were reviewed by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on 14th August, 2023. 2. The Consolidated Financial Results are prepared in accordance with Indian Accounting Standards ('Ind AS') notified under Section 133 of the Companies Act, 2013, read together with the Companies (Indian Accounting Standards) Rules, 2015 (as amended). 3. Income Tax provision will be determined and provided for at the end of the financial year. 4. Earning Per Share (EPS) has been calculated as per Indian Accounting Standard (IND AS-33) issued by the Institute of Chartered Accountants of India. 5. The Company has identified 'Textile' Business as its only primary reportable segment in Trading and manufacturing in accordance with the requirement of IND AS - 108, 'Operating Segments'. Accordingly, no separate segment information has been provided. 6. Exceptional items for the quarter ended 30th June, 2023 represent following components: Quarter Ended 30.06.2023 Quarter Ended 31.03.2023 1. Foreign Exchange Gain on Loan Given to Soma Textiles FZC (Associate Company) (9.00) (47.00) - 2. Provision for Obsolete Inventory - 79.00 Fair Value Assessment as per Ind AS 113 3. Profit on Sale of Fixed Assets 89.00 39.00 - Total Exceptional Items 80.00 71.00 7. The figures of the quarter ended 31st March, 2023 are the balancing figures between audited figures in respect of the full financial year and the unaudited published year to date figures upto 31st December, 2022 which were subjected to limited review. 8. The share of losses of an associate exceeds its interest in the associate, the Company discontinues recognising its share of further losses. The amount of investment has been fully impaired hence Nil impact in Consolidated Result. If the associate subsequently reports profits, the entity resumes recognising its share of those profits only after its share of the profits equals the share of losses not recognised. Other Expenses 4000000.00 0.00 0.00