SUMMITSEC2024-04-012024-06-30 SUMMITSEC2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member SUMMITSEC2024-06-30 SUMMITSEC2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 533306 SUMMITSEC NOTLISTED Summit Securities Limited Equity 2024-04-01 2025-03-31 2024-07-19 2024-07-11 INR Lakhs First quarter 2024-07-19 12:30:00 2024-07-19 14:15:00 false Not applicable Single segment Investment 2024-04-01 2024-06-30 Unaudited Standalone 1479000.00 34000.00 0.00 0.00 105861000.00 0.00 0.00 0.00 107374000.00 0.00 107374000.00 0.00 0.00 0.00 2273000.00 0.00 45000.00 0.00 0.00 0.00 0.00 2163000.00 4481000.00 102893000.00 0.00 102893000.00 18000000.00 -16000.00 17984000.00 84909000.00 0.00 0.00 0.00 0.00 84909000.00 8140327000.00 8225236000.00 0.00 0.00 109018000.00 10 7.79 7.79 0.00 0.00 7.79 7.79 1.The above unaudited standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors of Summit Securities Limited (the 'Company') at their respective meetings held on 19th July, 2024. Review under Regulation 33 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015, as amended, has been carried out by the Statutory Auditors and have issued an unmodified opinion on the above unaudited standalone financial results. 2. The above unaudited standalone financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) notified under Section 133 of the Companies Act, 2013, as amended from time to time. 3. As per the requirement of Ind AS 108, Operating Segments, based on evaluation of financial information for allocation of resources and assessing performance, the Company has identified as single segment, i.e., holding and investing with focus on earning income through dividends, interest and gains from investments. Accordingly, there is no separate reportable segment as per the Standard. 4. In accordance with Share Purchase Agreement dated 07th May, 2024, the Company's wholly-onwed subsidiary, Instant Holdings Limited sold all of its shares in its wholly-owned subsidiary, Sudarshan Electronics & TV Limited, for a total consideration oft 227.78 lakhs, resulting in a loss oft 1382.83 lakhs. The said loss has been disclosed as an exceptional item in the consolidated financial results. 5. The figures for the quarter ended 31st March, 2024 as reported in the unaudited standalone financial results are the balancing figures between audited figures in respect of full financial year and the published year-to-date figures upto the end of the third quarter, which were subject to limited review. 6. Amount shown as Rs 0.00 represents amount below Rs 500 (Rupees Five Hundred). 7. The figures for the previous quarters/year have been regrouped, wherever necessary. Other Expenses 2163000.00 0.00 0.00 0.00 0.00 Fair valuation of Equity instruments through OCI 9213518000.00 9213518000.00 1073191000.00 0.00 8140327000.00