TIMKEN2024-01-012024-03-31 TIMKEN2024-01-012024-03-31 TIMKEN2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member TIMKEN2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member TIMKEN2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 522113 TIMKEN NOTLISTED Timken India Limited Equity 2023-04-01 2024-03-31 2024-05-09 2024-04-24 INR Millions Yearly 11:00:00 12:35:00 2024-05-09 2024-05-09 true Cash Flow Indirect Declaration of unmodified opinion Single segment Bearings and allied goods 2024-01-01 2024-03-31 Unaudited Standalone 8977650000.00 107510000.00 9085160000.00 2508600000.00 2386990000.00 426910000.00 423880000.00 11050000.00 217750000.00 1244470000.00 7219650000.00 1865510000.00 0.00 1865510000.00 462010000.00 -10800000.00 451210000.00 0.00 1414300000.00 0.00 0.00 0.00 0.00 1414300000.00 9110000.00 1423410000.00 0.00 0.00 752190000.00 10 18.80 18.80 0.00 0.00 18.80 18.80 1. The above financial results of Timken India Limited ( the Company ) as reviewed by the Audit Committee has been approved by the Board of Directors at its meeting held on May 09, 2024. The results for the year ended March 31, 2024 has been audited and the quarter ended March 31, 2024 has been reviewed by Deloitte Haskins & Sells LLP, the statutory auditors of the Company. The statutory auditors of the Company have expressed an unmodified opinion on the financial results for the year ended March 31, 2024 and have issued an unmodified conclusion in respect of the limited review for the quarter ended March 31, 2024. 2. The Company has only one reportable primary segment, viz. 'Bearings and allied goods & services'. Accordingly, no separate disclosure of segment information has been made. 3. The Statement of Assets and Liabilities as at March 31, 2024 is given as Annexure - A and Statement of cash flows for the year ended March 31, 2024 is given as Annexure - B. 4. The figures for the quarters ended March 31, 2024 and March 31, 2023 are balancing figures between audited figures in respect of full financial years ended March 31, 2024 and March 31, 2023 respectively and the unaudited published year to date figures upto December 31, 2023 and December 31, 2022 respectively, being the end of the third quarter of the respective financial years, which were subjected to Limited Review by the statutory auditor. 5. The Board has recommended, subject to approval of the members of the Company at ensuing Annual General Meeting, payment of dividend of Rs. 2.5/- (PY Rs.1.50/-) per equity share of Rs. 10/- each fully paid. 6. These financial results of the Company have been prepared in accordance with the Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013 ( the Act ) read with relevant rules issued thereunder ('IND AS') and other accounting principles generally accepted in India and guidelines issued by the Securities and Exchange Board of India ( SEBI ). 7. Previous period's figures have been recast wherever necessary / regrouped to confirm to current period's classification. Single segment 2023-04-01 2024-03-31 Audited Standalone 29095410000.00 407650000.00 29503060000.00 9051640000.00 8971990000.00 -857410000.00 1639530000.00 37890000.00 851680000.00 4565600000.00 24260920000.00 5242140000.00 0.00 5242140000.00 1358650000.00 -37930000.00 1320720000.00 0.00 3921420000.00 0.00 0.00 0.00 0.00 3921420000.00 -7660000.00 3913760000.00 0.00 0.00 752190000.00 10 0.00 52.13 52.13 0.00 0.00 52.13 52.13 Other Expenses 1244470000.00 Other Expenses 4565600000.00 6167780000.00 1041280000.00 98420000.00 1813110000.00 449750000.00 0.00 0.00 0.00 300000.00 0.00 650000.00 162110000.00 163060000.00 0.00 1654940000.00 11388340000.00 6666860000.00 1604910000.00 6519490000.00 3282090000.00 31520000.00 1260000.00 102380000.00 11541650000.00 0.00 278950000.00 18487460000.00 0.00 0.00 29875800000.00 752190000.00 23420450000.00 24172640000.00 24172640000.00 0.00 0.00 167710000.00 167710000.00 479760000.00 225930000.00 0.00 97800000.00 971200000.00 60430000.00 3857280000.00 224020000.00 4141730000.00 158600000.00 86300000.00 345330000.00 0.00 4731960000.00 0.00 0.00 5703160000.00 29875800000.00 37890000.00 -971960000.00 -752930000.00 0.00 163490000.00 0.00 0.00 0.00 0.00 395670000.00 0.00 341940000.00 0.00 851680000.00 0.00 0.00 0.00 -233970000.00 0.00 1780000.00 167480000.00 145330000.00 0.00 0.00 0.00 0.00 0.00 -57430000.00 0.00 -536650000.00 4705490000.00 0.00 0.00 0.00 1306300000.00 0.00 3399190000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 23200000.00 2616540000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 167480000.00 145330000.00 0.00 0.00 0.00 -2280530000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 23000000.00 112830000.00 37890000.00 0.00 0.00 -173720000.00 944940000.00 -880000.00 944060000.00 3942940000.00 4887000000.00 9110000.00 -7660000.00 0.00 0.00 0.00 0.00