FLEXITUFF2025-01-012025-03-31FLEXITUFF2025-03-31FLEXITUFF2024-03-31FLEXITUFF2024-04-012025-03-31FLEXITUFF2025-01-012025-03-31in-capmkt:OtherExpenses1MemberFLEXITUFF2025-01-012025-03-31in-capmkt:OtherExpenses2MemberFLEXITUFF2024-04-012025-03-31in-capmkt:OtherExpenses1MemberFLEXITUFF2024-04-012025-03-31in-capmkt:OtherExpenses2MemberFLEXITUFF2025-01-012025-03-31AuditorDomain1FLEXITUFF2025-01-012025-03-31in-capmkt:AuditedMemberFLEXITUFF2025-03-31in-capmkt:AuditedMemberFLEXITUFF2025-01-012025-03-31in-capmkt:AdjustedMemberFLEXITUFF2025-03-31in-capmkt:AdjustedMemberFLEXITUFF2025-01-012025-03-31AuditQualification1FLEXITUFF2025-01-012025-03-31AuditQualification2iso4217:INRxbrli:pureiso4217:INRxbrli:shares533638FLEXITUFFNOTLISTEDINE060J01017FLEXITUFF VENTURES INTERNATIONAL LIMITEDMain BoardEquity2024-04-012025-03-312025-05-302025-05-23INRLakhsQuarterlyFourth quarterSingle segmentTechnical Textiles2025-05-3016:00:002025-05-3023:55:00trueCash Flow IndirectStatement on impact of audit qualification2025-01-012025-03-31AuditedConsolidated6057760002021600062599200026924300023775000174476000222097000861470006224400032736000870718000-2447260000-2447260000-129036000-1290360000-1156900000000-1156900000-1156900000015911000032822800010-3.64-3.6400-3.64-3.640002024-04-012025-03-31AuditedConsolidated28857170001692114000457783100016627300004734000021388700085761000031090900027941700012791020004650995000-731640000-731640000132372400013237240000-13968880003776022000037760220000237913400002379134000006957000032822800010074.8569.440074.8569.44000Other Expenses194587000Prior Period Expenses-161851000Other Expenses1165453000Prior Period Expenses1136490002360749000000451000000110000086352000863630005288240005012000030265070002820790000507360000119254000346860000361259000102255900098950003421960001656729000004683236000328228000-27799300050235000050235000100260800000056927000105953500000001059535000137590500025153000791479000816632000738584000293112100064138400096100000357346600000463300100046832360004245570006258370001505630000-326129000-4233320009042600000-850400000016713300002794170000406906000-55248000-19210110002123000-19860000218820000000-165850900005812000-3105723000-3178887000010938000000-3189825000000000007327230000000000398039300000000000000238070000047369230000055933000455530000000-236236300000080140007112150000-2980106000-14330080000-14330080001552262000119254000AuditedQualified opinionMahesh C. Solanki & Co.true2027-04-3045778310004577831000453734600050661700002379135000185031100074.8558.21468323600041544120004633001000463300100050235000-478589000i. The Holding Company has carrying deferred tax asset (net) of Rs. 5,288.24 lakhs on its carried forward accumulated losses (including unabsorbed depreciation) and other temporary differences. In accordance with Ind AS 12 on Income Taxes, a deferred tax asset shall be recognised only to the extent that it is probable that taxable profit will be available against which the deductible temporary differences and unused tax losses can be utilised. Due to the material uncertainty on account of financial and operational difficulties as stated in Note 3 to the Statement, we are unable to comment on the recoverability of deferred tax asset and consequential impact, if any, on the Statement.Qualified opinionRepetitiveThe Company is carrying deferred tax asset (net) of Rs.5,288.24 lakhs as on March 31, 2025. Management is reasonably certain that the Company will earn sufficient taxable profit in future to utilise the Deferred Tax Asset and MAT credit within the time limit prescribed under the Income Tax Act,1961. Accordingly no adjustment is currently considered necessary by the management to the amount of deferred tax assets.According to Managements estimates and assumptions on the projections for Kashipur CGU; the present value of the future cash flows expected to be derived from Kashipur CGU is higher than its carrying value as on March 31, 2025. Thus, in the view of Management, there is no requirement for accounting any impairment loss.Not ApplicableThe Holding Companys Cash Generating Unit (CGU) viz. Kashipur cluster, has a carrying value of Rs. 23,606.53 lakhs as at 31st March 2025 comprising of tangible and intangible assets. The Holding Company has performed an impairment assessment of the CGU as required under Ind AS 36 Impairment of Assets. The Holding Company is undergoing financial and operational difficulties as stated in Note 3 to the Statement. We are unable to comment on the appropriateness of the assumptions for the projections used in the impairment assessment and consequential impairment provision, if any, to be made in the Statement with regard to the CGU.ii. The Holding Companys Cash Generating Unit (CGU) viz. Kashipur cluster, has a carrying value of Rs. 23,606.53 lakhs as at 31st March 2025 comprising of tangible and intangible assets. The Holding Company has performed an impairment assessment of the CGU as required under Ind AS 36 Impairment of Assets. The Holding Company is undergoing financial and operational difficulties as stated in Note 3 to the Statement. We are unable to comment on the appropriateness of the assumptions for the projections used in the impairment assessment and consequential impairment provision, if any, to be made in the Statement with regard to the CGU.Qualified opinionRepetitiveThe Company is carrying deferred tax asset (net) of Rs.5,288.24 lakhs as on March 31, 2025. Management is reasonably certain that the Company will earn sufficient taxable profit in future to utilise the Deferred Tax Asset and MAT credit within the time limit prescribed under the Income Tax Act,1961. Accordingly no adjustment is currently considered necessary by the management to the amount of deferred tax assets..According to Managements estimates and assumptions on the projections for Kashipur CGU; the present value of the future cash flows expected to be derived from Kashipur CGU is higher than its carrying value as on March 31, 2025. Thus, in the view of Management, there is no requirement for accounting any impairment loss.Not Applicable.The Holding Companys Cash Generating Unit (CGU) viz. Kashipur cluster, has a carrying value of Rs. 23,606.53 lakhs as at 31st March 2025 comprising of tangible and intangible assets. The Holding Company has performed an impairment assessment of the CGU as required under Ind AS 36 Impairment of Assets. The Holding Company is undergoing financial and operational difficulties as stated in Note 3 to the Statement. We are unable to comment on the appropriateness of the assumptions for the projections used in the impairment assessment and consequential impairment provision, if any, to be made in the Statement with regard to the CGUMr. Saurabh KalaniNAMr.Sunil RamsinghaniMahesh C Solanki & CompanyMr. Rahul ChouhanPithampur2025-05-30