ASIL2023-04-012023-06-30 ASIL2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member ASIL2023-06-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 521076 ASIL NOTLISTED Amit Spinning Industries Limited Equity 2023-04-01 2024-03-31 2023-08-14 2023-08-07 INR Lakhs First quarter 16:00:00 19:50:00 2023-08-14 2023-08-14 Not applicable Single segment Textile 2023-04-01 2023-06-30 Unaudited Standalone 238991000.00 69000.00 239060000.00 195780000.00 30000.00 -7402000.00 1450000.00 12391000.00 5117000.00 46005000.00 253371000.00 -14311000.00 0.00 -14311000.00 0.00 0.00 0.00 0.00 -14311000.00 0.00 0.00 0.00 0.00 -14311000.00 0.00 -14311000.00 0.00 0.00 20585000.00 5 -5.21 -5.21 0.00 0.00 -5.21 -5.21 Notes : 1 The above financial results have been reviewed and approved by Board of Directors in the meeting held on 14th August 2023 2 The Statutory Auditors have carried out Limited Review of the Financial Results of the Company for the quarter ended 30th June, 2023 3 The Company has adopted Indian Accounting Standards (‘Ind AS’) notified by the Ministry of Corporate Affairs with effect from 1st April, 2017. Accordingly, the financial results for the year and quarter ended 30th June, 2022 are in compliance with Ind AS. 4 The balances of parties under the head trade payables, other liabilities and loans & advances which are subject to confirmation, reconciliation and consequential adjustments, if any. 5 The Company is in the business of manufacturing Cotton Yarn having similar characteristics and reviewed by the Chief Operating Decision Maker for assessment of Company's performance and resource allocation. Accordingly, the Company has only one reportable operating segment as per Ind AS 108 - Operating Segments. 6 The figures of previous comparative year and quarter ended 30th June, 2022 have been re grouped/recasted/rearranged wherever considered necessary to make them comparable with those of the current quarter. 7 Pursuant to the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016 initiated on 1st August 2017, and approved by the National Company Law Tribunal (NCLT) vide its order dated 31.07.2018, the Resolution Plan (the Plan) as submitted by Mr. Deepak C. Choudhari and Mr. Jitendrakumar G. Chopra, the extinguishment of shares, reduction in the face value of existing shares from Rs. 5 per share to Rs. 0.50 per share and again consolidation of shares to Rs.5 per share face value have been given effect to during F Y 2020-21 with corresponding effect to Insolvency and Bankruptcy Reserve, pending approval of SEBI in this respect. Other Expenses 46005000.00 0.00 0.00