Integrated Filing — IndAS



General information about company
Scrip Code 533193
NSE Symbol KECL
MSEI Symbol NOTLISTED
ISIN INE134B01017
Name of company KIRLOSKAR ELECTRIC COMPANY LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 28-May-2025   11:28:00
End date and time of board meeting 28-May-2025   12:55:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2023-11-10
Indicate Company website link for updated RPT policy of the Company https://kirloskarelectric.com/images/pdf/investor/policies/rpt_policy.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The said disclosure is 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-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
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 1291300000 5438200000
Other income 24100000 69300000
Total income 1315400000 5507500000
2 Expenses
(a) Cost of materials consumed 836400000 3786100000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 32500000 22000000
(d) Employee benefit expense 183000000 754600000
(e) Finance costs 61700000 232000000
(f) Depreciation, depletion and amortisation expense 11000000 48900000
(f) Other Expenses
1 Other Expenses 122500000 589100000
Total other expenses 122500000 589100000
Total expenses 1247100000 5432700000
3 Total profit before exceptional items and tax 68300000 74800000
4 Exceptional items 0 99500000
5 Total profit before tax 68300000 174300000
6 Tax expense
7 Current tax 1800000 1800000
8 Deferred tax 0 0
9 Total tax expenses 1800000 1800000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 66500000 172500000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 66500000 172500000
17 Other comprehensive income net of taxes 3500000 286700000
18 Total Comprehensive Income for the period 70000000 459200000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 664141000 664141000
Face value of equity share capital 10 100
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1 2.6
Diluted earnings (loss) per share from continuing operations 1 2.6
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 1 2.6
Diluted earnings (loss) per share from continuing and discontinued operations 1 2.6
24 Debt equity ratio 0 0.0071
25 Debt service coverage ratio 0 0.0153
26 Interest service coverage ratio 0 0.0153
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) Due to restriction in characters upto 5000 we are unable to include the entire notes. However the same has been submitted in our PDF submission.



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 4352300000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 2100000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 107700000
Trade receivables, non-current 20500000
Loans, non-current 0
Other non-current financial assets 5700000
Total non-current financial assets 133900000
Deferred tax assets (net) 0
Other non-current assets 197600000
Total non-current assets 4685900000
2 Current assets
Inventories 449300000
Current financial asset
Current investments 0
Trade receivables, current 588900000
Cash and cash equivalents 167300000
Bank balance other than cash and cash equivalents 123200000
Loans, current 0
Other current financial assets 210900000
Total current financial assets 1090300000
Current tax assets (net) 0
Other current assets 0
Total current assets 1539600000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 6225500000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 664100000
Other equity 849100000
Total equity attributable to owners of parent 1513200000
Non controlling interest
Total equity 1513200000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 63000000
Total non-current financial liabilities 63000000
Provisions, non-current 269400000
Deferred tax liabilities (net) 494600000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 827000000
Current liabilities
Current financial liabilities
Borrowings, current 1073800000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 86100000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1696000000
Total Trade payable 1782100000
Other current financial liabilities 100000
Total current financial liabilities 2856000000
Other current liabilities 852400000
Provisions, current 175000000
Current tax liabilities (Net) 1900000
Deferred government grants, Current 0
Total current liabilities 3885300000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 4712300000
Total equity and liabilites 6225500000
Disclosure of notes on assets and liabilities



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-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Power generation/ distribution 624900000 2480800000
2 Rotating machines 610500000 2793200000
3 Others 122400000 425000000
Total Segment Revenue 1357800000 5699000000
Less: Inter segment revenue 66500000 66500000
Revenue from operations 1291300000 5438200000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Power generation/ distribution 70800000 252300000
2 Rotating machines 77300000 235800000
3 Others 46800000 155300000
Total Profit before tax 194900000 643400000
i. Finance cost 61700000 61700000
ii. Other Unallocable Expenditure net off Unallocable income 64900000 64900000
Profit before tax 68300000 174300000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Power generation/ distribution 884100000 884100000
2 Rotating machines 3822000000 3822000000
3 Others 862100000 862100000
Total Segment Asset 5568200000 5568200000
Un-allocable Assets 657300000 657300000
Net Segment Asset 6225500000 6225500000
4 Segment Liabilities
Segment Liabilities
1 Power generation/ distribution 1132100000 1132100000
2 Rotating machines 1364100000 1364100000
3 Others 66100000 66100000
Total Segment Liabilities 2562300000 2562300000
Un-allocable Liabilities 2150000000 2150000000
Net Segment Liabilities 4712300000 4712300000
Disclosure of notes on segments



Other Comprehensive Income
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-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
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
1 a) Remeasurements of the defined benefit plans 4500000 4500000
Total Amount of items that will not be reclassified to profit and loss 4500000 4500000
2 Income tax relating to items that will not be reclassified to profit or loss 1300000 1300000
3 Amount of items that will be reclassified to profit and loss
1 a) Mark to Market of Investments 200000 1300000
2 b) Revaluation gain on land 0 0
3 c) Taxes on above 100000 282200000
Total Amount of items that will be reclassified to profit and loss 300000 283500000
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 3500000 286700000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 174300000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 232000000
Adjustments for decrease (increase) in inventories 28600000
Adjustments for decrease (increase) in trade receivables, current 109100000
Adjustments for decrease (increase) in trade receivables, non-current 11700000
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 6700000
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -85400000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -107900000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 48900000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -31000000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 100000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 212800000
Net cash flows from (used in) operations 387100000
Dividends received -100000
Interest paid 0
Interest received -10600000
Income taxes paid (refund) 9600000
Other inflows (outflows) of cash 100000
Net cash flows from (used in) operating activities 366900000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 100000
Purchase of property, plant and equipment 38900000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 100000
Interest received 9200000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 12800000
Net cash flows from (used in) investing activities -16700000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 40000000
Repayments of borrowings 127500000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 242700000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -16300000
Net cash flows from (used in) financing activities -346500000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 3700000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 3700000
Cash and cash equivalents cash flow statement at beginning of period 163600000
Cash and cash equivalents cash flow statement at end of period 167300000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 K N Prabhashankar & Co. Yes 30-Nov-2027


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 5507500000 5507500000
2 Total Expenditure 5432700000 5432700000
3 Net Profit/(Loss) 172500000 172500000
4 Earnings Per Share 2.6 2.6
5 Total Assets 6225500000 6225500000
6 Total Liabilities 4712300000 4712300000
7 Net Worth 1513200000 1513200000


Audit qualification
Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)


Text Block
Textual Information(1) Attention of the Directors is invited to note 4 to the audited financial results regarding amounts due to the Company from certain subsidiaries towards part consideration receivable on sale and assignment of certain immovable properties, receivables, interest charged and expenses reimbursed. We have relied on the managements representations that it is confident of realization of amounts due to the said subsidiaries aggregating to Rs.11,006.09 lakhs (Rs. 11,153.84 lakhs as of March 31, 2024) against which provision is recognized for an amount of Rs.9,711.00 lakhs. Pending disposals/realization of assets by the subsidiaries, shortfall in ealization of the amount outstanding (net of provision), if any, could not be ascertained. n
Textual Information(2) Not Applicable
Textual Information(3) These subsidiaries are taking active steps to repay the dues of the Company, from collection of book debts assigned and from disposal of immovable properties transferred apart from debts transferred as referred above. The board of directors are confident of realisation of the entire amounts due from the said subsidiaries as we are sure or realizing much more amount from the sale of immovable properties.
Textual Information(4) These subsidiaries are taking active steps to repay the dues of the Company, from collection of book debts assigned and from disposal of immovable properties transferred apart from debts transferred as referred above. The board of directors are confident of realisation of the entire amounts due from the said subsidiaries as we are sure or realizing much more amount from the sale of immovable properties.
Textual Information(5) Attention of the Directors is invited to note 4 to the audited financial results regarding amounts due to the Company from certain subsidiaries towards part consideration receivable on sale and assignment of certain immovable properties, receivables, interest charged and expenses reimbursed. We have relied on the managements representations that it is confident of realization of amounts due to the said subsidiaries aggregating to Rs.11,006.09 lakhs (Rs. 11,153.84 lakhs as of March 31, 2024) against which provision is recognized for an amount of Rs.9,711.00 lakhs. Pending disposals/realization of assets by the subsidiaries, shortfall in ealization of the amount outstanding (net of provision), if any, could not be ascertained.


Signatories detail
Name of CEO / Managing director Vijay R Kirloskar
Name of CFO Sanjeev Kumar S
Name of audit committee chairman Suresh Kumar
Name of statutory auditor A.Umesh Patwardhan
Name of other signatory, if any, with designation
Place Bangalore
Date 28-May-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Kirloskar Electric Company Limited VIJAY FARMS PRIVATE LIMITED Promoters Group Purchase of goods or services 10000000 Omnibus Approval 2059000 9821000 10814000
2 Kirloskar Electric Company Limited ABHIMAN TRADING COMPANY PRIVATE LIMITED Promoters Group Purchase of goods or services 10000000 Omnibus Approval 4117000 -3120000 -2107000
3 Kirloskar Electric Company Limited KIRSONS TRADING PTE LTD Entities with joint control or significant influence over entity Purchase of goods or services 10000000 Omnibus Approval 2446000 -4561000 -391000
4 Kirloskar Electric Company Limited SRI VIJAYADURGA INVESTMENTS AND AGENCIES PRIVATE LIMITED Promoters Group Purchase of goods or services 10000000 Omnibus Approval 10452000 -4107000 -3777000
5 Kirloskar Electric Company Limited KIRLOSKAR (MALAYSIA) SDN BHD. Associates Sale of goods or services 10000000 Omnibus Approval 19574000 59000 -105000
6 Kirloskar Electric Company Limited RAVINDU MOTORS PRIVATE LIMITED Enterprises which are related parties as per section 2(76) of the Companies Act, 2013. Any other transaction Other service related 10000000 Omnibus Approval 0 -26000 -129000
7 Kirloskar Electric Company Limited VIJAYAJYOTHI INVESTMENTS AND AGENCIES PRIVATE LIMITED Promoters Group Any other transaction Rent Paid 10000000 Omnibus Approval 0 -4583000 -2057000
8 Kirloskar Electric Company Limited KIRLOSKAR BATTERIES PRIVATE LIMITED Promoters Group Any other transaction Outstanding balance receivables 0 NA 0 -1500000 -1500000
9 Kirloskar Electric Company Limited KIRLOSKAR POWER EQUIPMENTS LIMITED Enterprises which are related parties as per section 2(76) of the Companies Act, 2013. Any other transaction Outstanding balance receivables 0 NA 0 35000 35000
10 Kirloskar Electric Company Limited KELBUZZ TRADING PRIVATE LIMITED Wholly owned subsidiary Any other transaction Outstanding balance receivables 0 NA 0 549552000 549505000
11 Kirloskar Electric Company Limited LUXQUISITE PARKLAND PRIVATE LIMITED Wholly owned subsidiary Any other transaction Outstanding balance receivables 0 NA 0 23641000 23863000
12 Kirloskar Electric Company Limited SKG TERRA PROMENADE PRIVATE LIMITED Wholly owned subsidiary Any other transaction Outstanding balance receivables 0 NA 0 218557000 218592000
13 Kirloskar Electric Company Limited SLPKG ESTATE HOLDINGS PRIVATE LIMITED Wholly owned subsidiary Any other transaction Outstanding balance receivables 0 NA 0 316215000 308649000
14 Kirloskar Electric Company Limited Vijay Ravindra Kirloskar Promoter and Key managerial personnel of entity Remuneration 0 NA 26620000 0 0
15 Kirloskar Electric Company Limited Sanjeev Kumar S Key managerial personnel of entity Remuneration 0 NA 3271000 0 0
16 Kirloskar Electric Company Limited Mahabaleshwar Bhat Key managerial personnel of entity Remuneration 0 NA 1827000 0 0
17 Kirloskar Electric Company Limited Anand Balaramacharya Hunnur Key managerial personnel of entity Remuneration 0 NA 9941000 0 0
18 Kirloskar Electric Company Limited VIJAYAJYOTHI INVESTMENTS AND AGENCIES PRIVATE LIMITED Promoters Group Any other transaction Rental Deposit 0 NA 0 10000000 10000000
19 Kirloskar Electric Company Limited KIRSONS B V Step down subsidiary Any other transaction Outstanding balance receivables 0 NA 0 3158000 3158000
20 Kirloskar Electric Company Limited KIRSONS TRADING PTE LTD Entities with joint control or significant influence over entity Sale of goods or services 10000000 Omnibus Approval 17508000 -4561000 -391000
21 Kirloskar Electric Company Limited RAVINDU MOTORS PRIVATE LIMITED Enterprises which are related parties as per section 2(76) of the Companies Act, 2013. Purchase of goods or services 10000000 Omnibus Approval 202000 -26000 -129000
Total value of transaction during the reporting period 98017000