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 SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue03Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue04Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue05Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue06Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue03Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue04Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue05Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue06Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults03Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults04Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults05Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults06Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults03Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults04Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults05Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults06Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets03Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets04Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets05Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets06Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member SATINDLTD2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member SATINDLTD2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member SATINDLTD2023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member SATINDLTD2023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities05Member SATINDLTD2023-09-30in-bse-fin:OneReportableSegmentLiabilities05Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities06Member SATINDLTD2023-09-30in-bse-fin:OneReportableSegmentLiabilities06Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SATINDLTD2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member SATINDLTD2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member 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 Multi segment 2023-07-01 2023-09-30 Unaudited Consolidated 1369821000.00 1866654000.00 3236475000.00 905421000.00 38566000.00 -39024000.00 86967000.00 33107000.00 22209000.00 181658000.00 1228904000.00 2007571000.00 0.00 2007571000.00 259518000.00 0.00 259518000.00 0.00 1748053000.00 0.00 0.00 0.00 0.00 1748053000.00 5327000.00 1753380000.00 1752251000.00 -4198000.00 1757608000.00 -4228000.00 226170000.00 2 15.46 15.46 0.00 0.00 15.46 15.46 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. Segment information as per Ind-AS 108, 'Operating Segments' is disclosed in Annexure-1. 3. There is no exceptional item of income/expenses. 4. 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. 5. The Company's one of the material subsidiaries viz; Aeroflex Industries Limited entered into the capital market with its maiden initial public offering of 1,50,00,000 equity shares of Rs. 2/- each at a premium of Rs. 106/- per share aggregating to Rs. 16200/- lakhs on 22nd August, 2023. The issue closed on 24.08.2023 and was over-subscribed by 97.11 times. The equity shares are listed and traded on National Stock Exchange Limited and BSE Limited with effect from 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%. 7. In view of acquisitions and changes in the Company's shareholding in some of the subsidiaries, the consolidated results for the current period are not strictly comparable with those of the previous period. 8. The standalone financial results for the quarter and half year ended September 30, 2023 are summarised below and detailed financial results are available on Company's website www.satgroup.com and have been submitted to the BSE Limited (www.bseindia.com) and National Stock Exchange Limited (www.nseindia.com) where the equity shares of the Company are listed. Particulars Quarter ended on Half year ended on Year ended on 30.09.2023 30.06.2023 30.09.2022 30.09.2023 30.09.2022 31.03.2023 (Unaudited) (Unaudited) (Unaudited (Unaudited) (Unaudited) (Audited) Revenue from operations 2567.61 2276.63 2884.42 4844.24 4996.32 10746.01 Profit/(loss) before tax 18697.84 7359.41 459.83 26057.25 579.69 884.42 Profit/(loss) for the period 16477.92 5761.65 398.61 22239.57 468.33 743.36 Other Comprehensive Income 2.29 1.09 -0.45 3.38 4.09 6.86 Total Comprehensive Income 16480.21 5762.74 398.16 22242.95 472.42 750.22 for the period 9. These consolidated financial results are available on the Company's website viz, www.satgroup.in and on the websites of BSE Limited (www.bseindia.com) and National Stock Exchange Limited (www.nseindia.com) 8. The Board of Directors of the parent 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. 10. Figures for the previous periods have been re-grouped /re-classified to conform to the figures of the current periods. 11. This statement is as per Regulation 33 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015. Multi segment 2023-04-01 2023-09-30 Unaudited Consolidated 2669603000.00 2603453000.00 5273056000.00 1789811000.00 46485000.00 -88842000.00 174765000.00 54330000.00 43497000.00 342984000.00 2363030000.00 2910026000.00 0.00 2910026000.00 458557000.00 0.00 458557000.00 0.00 2451469000.00 0.00 0.00 0.00 0.00 2451469000.00 5026000.00 2456495000.00 2399938000.00 51531000.00 2404964000.00 51531000.00 226170000.00 2 21.68 21.68 0.00 0.00 21.68 21.68 Other Expenses 181658000.00 Other Expenses 342984000.00 611916000.00 1067742000.00 175936000.00 0.00 51860000.00 6382000.00 257000.00 0.00 0.00 132008000.00 0.00 128874000.00 23088000.00 283970000.00 0.00 74205000.00 1660352000.00 949533000.00 0.00 1677438000.00 1823717000.00 1947632000.00 861177000.00 16338000.00 6326302000.00 197000.00 441119000.00 7717151000.00 0.00 0.00 9377503000.00 226170000.00 6095029000.00 6321199000.00 6933115000.00 86903000.00 0.00 0.00 86903000.00 0.00 34947000.00 0.00 0.00 121850000.00 914226000.00 952265000.00 28783000.00 1895274000.00 183560000.00 3286000.00 240418000.00 0.00 2322538000.00 0.00 0.00 2444388000.00 9377503000.00 Financing 34692000.00 Manufacturing of Flexible Flow Solution 830251000.00 Manufacturing of Flexible Packaging 262771000.00 Manufacturing of SS Wire Rod 222108000.00 Other Income 1866654000.00 Trading 20000000.00 Financing 66700000.00 Manufacturing of Flexible Flow Solution 1665915000.00 Manufacturing of Flexible Packaging 490739000.00 Manufacturing of SS Wire Rod 420077000.00 Other Income 2603453000.00 Trading 26173000.00 3236476000.00 5273057000.00 0.00 0.00 3236476000.00 5273057000.00 Financing 13846000.00 Manufacturing of Flexible Flow Solution 136029000.00 Manufacturing of Flexible Packaging -9393000.00 Manufacturing of SS Wire Rod -3275000.00 Other Income 1866654000.00 Trading 3711000.00 Financing 31677000.00 Manufacturing of Flexible Flow Solution 277991000.00 Manufacturing of Flexible Packaging -7678000.00 Manufacturing of SS Wire Rod 556000.00 Other Income 2603453000.00 Trading 4029000.00 2007572000.00 2910028000.00 0.00 0.00 0.00 0.00 2007572000.00 2910028000.00 Financing 3792687000.00 Manufacturing of Flexible Flow Solution 3837742000.00 Manufacturing of Flexible Packaging 1264663000.00 Manufacturing of SS Wire Rod 330570000.00 Other Income 0.00 Trading 0.00 9225662000.00 0.00 9225662000.00 Financing 954892000.00 Manufacturing of Flexible Flow Solution 730137000.00 Manufacturing of Flexible Packaging 449602000.00 Manufacturing of SS Wire Rod 309592000.00 Other Income 0.00 Trading 0.00 2444223000.00 0.00 2444223000.00 -318198000.00 -98155000.00 -607141000.00 0.00 67940000.00 -38847000.00 0.00 -1842412000.00 0.00 424235000.00 0.00 38140000.00 0.00 43497000.00 0.00 0.00 0.00 28573000.00 -9767000.00 4917000.00 0.00 0.00 0.00 0.00 0.00 -2552403000.00 1720000.00 -197000.00 0.00 -4858098000.00 -1948072000.00 0.00 -51196000.00 -12090000.00 285943000.00 0.00 -2194909000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 46718000.00 2554911000.00 6179000.00 0.00 0.00 0.00 0.00 0.00 374000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12090000.00 0.00 -160214000.00 0.00 2353516000.00 0.00 0.00 1646441000.00 0.00 0.00 0.00 0.00 0.00 261482000.00 389965000.00 0.00 0.00 19252000.00 51196000.00 0.00 -220403000.00 1227107000.00 1385714000.00 0.00 1385714000.00 438003000.00 1823717000.00 Item that will not be reclassified to profit and loss 0.00 Item that will not be reclassified to profit and loss 109000.00 0.00 109000.00 0.00 0.00 Item that will be reclassified to profit and loss 5327000.00 Item that will be reclassified to profit and loss 4917000.00 5327000.00 4917000.00 0.00 0.00