IFBIND2023-10-012023-12-31 IFBIND2023-10-012023-12-31 IFBIND2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member IFBIND2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member IFBIND2023-12-31 IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue03Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue04Member IFBIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member IFBIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member IFBIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue03Member IFBIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue04Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults03Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults04Member IFBIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member IFBIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member IFBIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults03Member IFBIND2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults04Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets03Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets04Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member IFBIND2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member IFBIND2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member IFBIND2023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member IFBIND2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member IFBIND2023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member IFBIND2023-10-012023-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member IFBIND2023-10-012023-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member IFBIND2023-10-012023-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member IFBIND2023-10-012023-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 505726 IFBIND NOTLISTED IFB Industries Limited Equity 2023-04-01 2024-03-31 2024-01-25 2024-01-19 INR Crores Third quarter 12:15:00 17:25:00 2024-01-25 2024-01-25 Not applicable Multi segment 2023-10-01 2023-12-31 Unaudited Consolidated 11608300000.00 70700000.00 11679000000.00 5382300000.00 1286300000.00 251200000.00 1147800000.00 67700000.00 318000000.00 2887500000.00 11340800000.00 338200000.00 0.00 338200000.00 107200000.00 -18900000.00 88300000.00 0.00 249900000.00 0.00 0.00 0.00 -75400000.00 174500000.00 11600000.00 186100000.00 0.00 0.00 412800000.00 10 4.31 4.31 0.00 0.00 4.31 4.31 NOTES: 1. The consolidated financial results were reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on 25 January 2024. This Statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by circular number CIR/CFD/FAC/62/2016 dated 5 July 2016. 2. Finance cost as stated in the financial results includes the following: Qtr ended 31.12.2023: -------------------------- Interest on borrowings - Rs. 2.44 crores Interest on lease liabilities - Rs. 3.24 crores Finance cost on warranty provision - Rs. 1.02 crores Others - Rs. 0.07 crores Qtr ended 30.09.2023: -------------------------- Interest on borrowings - Rs. 2.72 crores Interest on lease liabilities - Rs. 3.08 crores Finance cost on warranty provision - Rs. 1.03 crores Others - Rs. 0.09 crores Qtr ended 31.12.2022: -------------------------- Interest on borrowings - Rs. 3.08 crores Interest on lease liabilities - Rs. 3.25 crores Finance cost on warranty provision - Rs. 0.67 crores Others - Rs.0.05 crores Nine months ended 31.12.2023: ------------------------------------ Interest on borrowings - Rs. 8.33 crores Interest on lease liabilities - Rs. 9.51 crores Finance cost on warranty provision - Rs. 3.08 crores Others - Rs.0.24 crores Nine months ended 31.12.2022: ------------------------------------ Interest on borrowings - Rs. 10.32 crores Interest on lease liabilities - Rs. 9.06 crores Finance cost on warranty provision - Rs. 2.00 crores Others - Rs.0.38 crores Year ended 31.03.2023: -------------------------- Interest on borrowings - Rs. 13.82 crores Interest on lease liabilities - Rs. 12.45 crores Finance cost on warranty provision - Rs. 2.66 crores Others - Rs.0.51 crores (3) IFB Industries Limited and its subsidiaries are primarily engaged in business of engineering (fine blanked components and stamping), home appliances, motors and steel. Accordingly IFB Industries Limited and its subsidiaries considers the above business segment as the primary segment. These segments have been reported in the manner consistent with the internal reporting to the Chief Executive Officers who are the chief operating decision makers. Multi segment 2023-04-01 2023-12-31 Unaudited Consolidated 33476400000.00 209300000.00 33685700000.00 15984300000.00 3743300000.00 76600000.00 3332700000.00 211600000.00 923900000.00 8634200000.00 32906600000.00 779100000.00 0.00 779100000.00 214800000.00 -16200000.00 198600000.00 0.00 580500000.00 0.00 0.00 0.00 -196900000.00 383600000.00 -1400000.00 382200000.00 0.00 0.00 412800000.00 10 9.47 9.47 0.00 0.00 9.47 9.47 Other Expenses 2887500000.00 Other Expenses 8634200000.00 Engineering 2144800000.00 Home Appliances 9139200000.00 Motor 165800000.00 Steel 380400000.00 Engineering 6122900000.00 Home Appliances 26408500000.00 Motor 483200000.00 Steel 1133100000.00 11830200000.00 34147700000.00 221900000.00 671300000.00 11608300000.00 33476400000.00 Engineering 216200000.00 Home Appliances 358600000.00 Motor 1600000.00 Steel -4400000.00 Engineering 569500000.00 Home Appliances 778800000.00 Motor -2000000.00 Steel -19800000.00 572000000.00 1326500000.00 67700000.00 211600000.00 241500000.00 Other Unallocable expenditure net of unallocable income for the 3 months ended 31.12.2023 includes the following: (i) Eliminations Rs. 0.34 crores (ii) Other un-allocable expenditure net off un-allocable income Rs. 16.27 crores (iii) Share of loss of an associate Rs. 7.54 crores Total Rs. 24.15 crores Other Unallocable expenditure net of unallocable income for the year to date figures for the 9 months ended 31.12.2023 includes the following: (i) Eliminations Rs. 0.47 crores (ii) Other un-allocable expenditure net off un-allocable income Rs. 33.11 crores (iii) Share of loss of an associate Rs. 19.69 crores Total Rs. 53.27 crores 532700000.00 262800000.00 582200000.00 Engineering 4050600000.00 Home Appliances 14546300000.00 Motor 298100000.00 Steel 695300000.00 19590300000.00 2973600000.00 22563900000.00 Engineering 2150400000.00 Home Appliances 12385300000.00 Motor 162300000.00 Steel 365200000.00 15063200000.00 443800000.00 15507000000.00 Remeasurements of the defined benefit plan -2900000.00 Remeasurements of the defined benefit plan -8700000.00 -2900000.00 -8700000.00 -700000.00 -2200000.00 Exchange differences in translating the financial statements of foreign operations 13800000.00 Exchange differences in translating the financial statements of foreign operations 5100000.00 13800000.00 5100000.00 0.00 0.00