SATINDLTD2023-07-012023-09-30 SATINDLTD2023-07-012023-09-30 SATINDLTD2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member SATINDLTD2023-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 511076 SATINDLTD NA Sat Industries Limited Equity 2023-04-01 2024-03-31 2023-11-06 2023-10-27 INR Lakhs Half yearly 16:00:00 16:37:00 2023-11-06 2023-11-06 true Cash Flow Indirect Not applicable Single segment Manufacturing, Trading, Investment and Finance 2023-07-01 2023-09-30 Unaudited Standalone 256761000.00 1865187000.00 2121948000.00 199812000.00 10496000.00 0.00 4354000.00 5373000.00 1335000.00 30794000.00 252164000.00 1869784000.00 0.00 1869784000.00 221964000.00 28000.00 221992000.00 0.00 1647792000.00 0.00 0.00 0.00 0.00 1647792000.00 229000.00 1648021000.00 0.00 0.00 226170000.00 2 14.57 14.57 0.00 0.00 14.57 14.57 Notes : 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on November 6, 2023.The same have also been subjected to Limited Review by the Statutory Auditors and the Report does not have any impact on the above Results and Notes for the quarter and half year ended 30th September, 2023 which needs to be explained. 2. There is no exceptional item. 3. The Company publishes the standalone financial results along with the consolidated financial results. In accordance with the Ind AS 108, 'Operating Segments', the Company has disclosed the segment information in the consolidated financial results and therefore no separate disclosure on segment information is given in the standalone financial results for the quarter and half year ended on September 30, 2023. 4. Aeroflex Industries Limited (AIL), a material subsidiary, of the Company entered into the capital market with a maiden public issue of 15000000 equity shares of Rs. 2/- each at a price of Rs. 108/- per share including premium of Rs. 106/- per share aggregating to Rs.16200 lakhs. The equity shares of AIL are listed and traded on the BSE Limited and National Stock Exchange Limited on 31.08.2023. 5. In terms of the Prospectus dated August 25, 2023, issued by Aeroflex Industries Limited, the Company made an offer for sale of 17500000 equity shares of Rs. 2/- each of Aeroflex Industries Limited, a material subsidiary in terms of the prospectus dated August 25,2023 at a price of Rs. 108/- per equity share (including premium of Rs.106/- per share) aggregating to Rs. 18900 lakhs. Consequent upon this, the holding of the Company including the shares held through the subsidary in AIL has been reduced to 66.99%. 6. Other income for the current quarter includes Rs. 18371.49 lakhs (preceding quarter - Rs. 7142.83 lakhs) as gain from the sale of a part of the investment in Aeroflex Industries Limited (AIL), a material subsidiary of the Company. 7. The financials for the quarter ended June 30, 2022 and quarter and half year ended September 30, 2022 have been restated pursuant to the order of the Honourable National Company Law Tribunal Bench at Mumbai dated 06.01.2023 in the Company's application no CP(CAA)50/MB/2021 with regard to the amalgamation of Italica Furniture Private Limited and Aeroflex International Limited with and into the Company with an appointed date 01.04.2020. 8. The Board of Directors of the Company at its meeting held on November 6, 2023 has declared an Interim Dividend of Re 0.15 ( 7.50%). per equity share for the financial year 2023-24 entailing an outgo of Rs.169.63 lakhs, the record date for payment will be November 15, 2023. 9. Figures for the previous periods have been re-grouped /re-classified wherever necessary to conform to the figures of the current periods. 10. This statement is as per Regulation 33 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015. Single segment 2023-04-01 2023-09-30 Unaudited Standalone 484424000.00 2579694000.00 3064118000.00 367818000.00 13779000.00 0.00 8601000.00 5404000.00 2672000.00 60119000.00 458393000.00 2605725000.00 0.00 2605725000.00 381690000.00 77000.00 381767000.00 0.00 2223958000.00 0.00 0.00 0.00 0.00 2223958000.00 338000.00 2224296000.00 0.00 0.00 226170000.00 2 19.67 19.67 0.00 0.00 19.67 19.67 Other Expenses 30794000.00 Other Expenses 60119000.00 62338000.00 0.00 0.00 0.00 15000.00 0.00 0.00 0.00 572485000.00 0.00 128874000.00 0.00 701359000.00 0.00 22347000.00 786059000.00 41505000.00 0.00 289065000.00 1512088000.00 1054655000.00 436732000.00 5450000.00 3297990000.00 0.00 170937000.00 3510432000.00 0.00 0.00 4296491000.00 226170000.00 3188826000.00 3414996000.00 3414996000.00 1127000.00 0.00 0.00 1127000.00 0.00 13895000.00 0.00 0.00 15022000.00 353661000.00 309592000.00 0.00 663253000.00 8534000.00 0.00 194686000.00 0.00 866473000.00 0.00 0.00 881495000.00 4296491000.00 The Company operates in Multi Segment. The Segment details form part of Consolidated Financial Results. Pursuant to IND AS 108, If a financial report contains both the consolidated financial statements of a parent that is within the scope of this Indian Accounting Standard as well as the parent’s separate financial statements, segment information is required only in the consolidated financial statements. And therefore, the company has not disclosed the same in Standalone Financial Results and Single Segment has been selected. 1396000.00 -5332000.00 -203984000.00 0.00 -1076675000.00 -9797000.00 0.00 -933000.00 0.00 237968000.00 0.00 0.00 0.00 2672000.00 0.00 1116000.00 0.00 6550000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -2639996000.00 0.00 0.00 0.00 -3687015000.00 -1081290000.00 -26495000.00 -5404000.00 0.00 189653000.00 0.00 -1292034000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 109000.00 2667120000.00 53102000.00 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 26495000.00 0.00 0.00 0.00 0.00 2640404000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 165000.00 0.00 0.00 11309000.00 5404000.00 0.00 0.00 -16878000.00 1331492000.00 0.00 1331492000.00 180592000.00 1512084000.00 229000.00 338000.00 0.00 0.00 0.00 0.00