General information about company
Scrip code	539353
NSE Symbol	NA
MSEI Symbol	NA
ISIN*	INE724G01014
Name of company	SAL AUTOMOTIVE LTD
Type of company
Class of security	Equity
Date of start of financial year	01-04-2023
Date of end of financial year	31-03-2024
Date of board meeting when results were approved	13-02-2024
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	07-02-2024
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	Third quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited	Unaudited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	13-02-2024 14:30
End date and time of board meeting	13-02-2024 18:10
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification	Not applicable

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-10-2023	01-04-2023
B	Date of end of reporting period	31-12-2023	31-12-2023
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	8153	24674
	Other income	27	120
	Total income	8180	24794
2	Expenses
(a)	Cost of materials consumed	6432	19464
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	67	144
(d)	Employee benefit expense	991	2913
(e)	Finance costs	58	210
(f)	Depreciation, depletion and amortisation expense	119	312
(f)	Other Expenses
1	POWER AND FUEL	152	465
2	RENT	17	51
3	REPAIR AND MAINTAINANCE	47	211
4	FREIGHT OUTWARD	49	152
5	TRAVELLING	28	71
6	OTHERS	106	246
10
	Total other expenses	399	1196
	Total expenses	8066	24239

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-10-2023	01-04-2023
B	Date of end of reporting period	31-12-2023	31-12-2023
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3	Total profit before exceptional items and tax	114	555
4	Exceptional items	0	0
5	Total profit before tax	114	555
7	Tax expense
8	Current tax	17	118
9	Deferred tax	7	20
10	Total tax expenses	24	138
11	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
14	Net Profit Loss for the period from continuing operations	90	417
15	Profit (loss) from discontinued operations before tax	0	0
16	Tax expense of discontinued operations	0	0
17	Net profit (loss) from discontinued operation after tax	0	0
19	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
21	Total profit (loss) for period	90	417

Financial Results – Ind-AS
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-10-2023	01-04-2023
B	Date of end of reporting period	31-12-2023	31-12-2023
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
	Total Amount of items that will not be reclassified to profit and loss
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	0	0

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-10-2023	01-04-2023
B	Date of end of reporting period	31-12-2023	31-12-2023
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23	Total Comprehensive Income for the period	90	417
24	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
25	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
26	Details of equity share capital
	Paid-up equity share capital	240	240
	Face value of equity share capital	10	10
27	Details of debt securities
28	Reserves excluding revaluation reserve
29	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.74	17.39
	Diluted earnings (loss) per share from continuing operations	3.74	17.39
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	3.74	17.39
	Diluted earnings (loss) per share from continuing and discontinued operations	3.74	17.39
30	Debt equity ratio	0	0
31	Debt service coverage ratio	0	0
32	Interest service coverage ratio	0	0
33	Disclosure of notes on financial results	Textual Information(1)

Text Block

Textual Information(1)

3. The above unaudited financial results were reviewed by the Audit Committee and thereafter approved by the Board of Directors at its meeting held at Ghaziabad on February 13, 2024. The Statutory auditors have conducted a limited review of above financial results. 4. These financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles relevant thereto. 5. As per Ind AS - 108 dealing with "Operating Segment", Company has reported following two segments as its operating segments: - a) Automobile Components, which includes Tractor seat, LCV Seat, Seat Mechanism and Seat Frame for passenger & commercial vehicles; b) Agriculture Implements, which includes Rotavator, Tractor Trailer, Box Scrapper and Rotary Tiller etc. 6. Previous year figures for Segment assets and liabilities have been regrouped / recasted with current period figures wherever necessary to make them comparable.

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-10-2023	01-04-2023
Date of end of reporting period		31-12-2023	31-12-2023
Whether accounts are audited or unaudited		Unaudited	Unaudited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	AUTOMOBILE COMPONENTS	3279	10801
2	AGRICULTURE IMPLEMENTS	4874	13873
	Total Segment Revenue	8153	24674
	Less: Inter segment revenue	0	0
	Revenue from operations	8153	24674
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	AUTOMOBILE COMPONENTS	173	681
2	AGRICULTURE IMPLEMENTS	124	397
	Total Profit before tax	297	1078
	i. Finance cost	58	210
	ii. Other Unallocable Expenditure net off Unallocable income	125	313
	Profit before tax	114	555
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	AUTOMOBILE COMPONENTS	6091	6091
2	AGRICULTURE IMPLEMENTS	3398	3398
	Total Segment Asset	9489	9489
	Un-allocable Assets	1978	1978
	Net Segment Asset	11467	11467
4	Segment Liabilities
	Segment Liabilities
1	AUTOMOBILE COMPONENTS	2887	2887
2	AGRICULTURE IMPLEMENTS	2192	2192
	Total Segment Liabilities	5079	5079
	Un-allocable Liabilities	2573	2573
	Net Segment Liabilities	7652	7652
	Disclosure of notes on segments	Textual Information(1)

Text Block

Textual Information(1)

3. The above unaudited financial results were reviewed by the Audit Committee and thereafter approved by the Board of Directors at its meeting held at Ghaziabad on February 13, 2024. The Statutory auditors have conducted a limited review of above financial results. 4. These financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles relevant thereto. 5. As per Ind AS - 108 dealing with "Operating Segment", Company has reported following two segments as its operating segments: - a) Automobile Components, which includes Tractor seat, LCV Seat, Seat Mechanism and Seat Frame for passenger & commercial vehicles; b) Agriculture Implements, which includes Rotavator, Tractor Trailer, Box Scrapper and Rotary Tiller etc. 6. Previous year figures for Segment assets and liabilities have been regrouped / recasted with current period figures wherever necessary to make them comparable.