MODISONLTD2023-07-012023-09-30 MODISONLTD2023-07-012023-09-30 MODISONLTD2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member MODISONLTD2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member MODISONLTD2023-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 506261 MODISONLTD NA MODISON LIMITED Equity 2023-04-01 2024-03-31 2023-11-02 2023-10-23 INR Lakhs Half yearly 11:30:00 13:30:00 2023-11-02 2023-11-02 true Cash Flow Indirect Not applicable Single segment MANUFACTURING OF ELECTRICAL CONTACTS 2023-07-01 2023-09-30 Unaudited Standalone 971543000.00 989000.00 972532000.00 809903000.00 0.00 -41766000.00 51151000.00 5932000.00 14786000.00 79014000.00 919020000.00 53512000.00 22273000.00 75785000.00 18600000.00 1111000.00 19711000.00 0.00 56074000.00 0.00 0.00 0.00 0.00 56074000.00 308000.00 56382000.00 0.00 0.00 32450000.00 1 1.73 1.73 0.00 0.00 1.73 1.73 1.The above unaudited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 2nd November, 2023. The Statutory Auditors of the Company have carried out a Limited Review of the aforesaid results. 2.The unaudited standalone financial results have been prepared in accordance with Indian Accounting Standards (Ind AS), the provisions of the Companies Act, 2013 (the Act}, as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI). 3.Exceptional Item for the period(s) represents profit/(loss) on Hedging of Silver in stock of the company and mark to market of forward contracts as given below: 4.As the Company's business activity falls within a single Primary segment viz. : Manufacturing of Electrical Contacts the disclosure requirement of Indian Accounting Standard (IND AS-108) Segment Reporting is not applicable. 5.The Company has incorporated one subsidiary Madison Hitech Private Limited during the quarter ended 30th September 2023. 6.The Indian Parliament has approved the Code on Social Security, 2020 which would impact the contributions by the company towards Provident Fund and Gratuity. The Ministry of Labour and Employment has released draft rules for the Code on Social Security, 2020 on November 13, 2020, and has invited suggestions from stakeholders which are under active consideration by the Ministry. The Company will assess the impact and its evaluation once the subject rules are notified and will give appropriate impact in its financial statements in the period in which, the Code becomes effective and the related rules to determine the financial impact are published. 7.Corresponding figures of the previous year's/quarter's/period's have been regrouped, recasted and reclassified to conform to the current period presentations. Single segment 2023-04-01 2023-09-30 Unaudited Standalone 1832046000.00 1811000.00 1833857000.00 1595385000.00 0.00 -152559000.00 104037000.00 9177000.00 29586000.00 145274000.00 1730900000.00 102957000.00 47033000.00 149990000.00 35500000.00 3346000.00 38846000.00 0.00 111144000.00 0.00 0.00 0.00 0.00 111144000.00 616000.00 111760000.00 0.00 0.00 32450000.00 1 3.43 3.43 0.00 0.00 3.43 3.43 other expenses 79014000.00 other expenses 145274000.00 634078000.00 166022000.00 30216000.00 0.00 299000.00 0.00 0.00 0.00 17921000.00 0.00 0.00 9996000.00 27917000.00 0.00 39644000.00 898176000.00 908110000.00 0.00 618045000.00 14636000.00 4142000.00 0.00 4907000.00 641730000.00 5261000.00 56046000.00 1611147000.00 2509323000.00 32450000.00 1917525000.00 1949975000.00 1949975000.00 0.00 1134000.00 1134000.00 15477000.00 34971000.00 51582000.00 262472000.00 91641000.00 20548000.00 374661000.00 120492000.00 6673000.00 5940000.00 507766000.00 559348000.00 2509323000.00 0.00 -122958000.00 0.00 -92350000.00 -24420000.00 -452000.00 1608000.00 0.00 0.00 1000.00 0.00 21709000.00 0.00 29586000.00 0.00 245000.00 0.00 1380000.00 19000.00 2358000.00 0.00 0.00 0.00 0.00 0.00 0.00 -92000.00 -21948000.00 0.00 -205314000.00 -55324000.00 0.00 -8041000.00 19000.00 41477000.00 1371000.00 -87370000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 75240000.00 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 0.00 0.00 650000.00 0.00 -74590000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 212454000.00 0.00 0.00 0.00 32450000.00 8041000.00 0.00 0.00 171963000.00 10003000.00 0.00 10003000.00 4633000.00 14636000.00 308000.00 616000.00 0.00 0.00 0.00 0.00