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.