CIEINDIA2024-04-012024-06-30 CIEINDIA2024-04-012024-06-30 CIEINDIA2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member CIEINDIA2024-04-012024-06-30in-bse-fin:FourOperatingExpenses01Member CIEINDIA2024-06-30 CIEINDIA2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member CIEINDIA2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member CIEINDIA2024-04-012024-06-30in-bse-fin:FourReportableSegmentRevenue01Member CIEINDIA2024-04-012024-06-30in-bse-fin:FourReportableSegmentRevenue02Member CIEINDIA2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member CIEINDIA2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member CIEINDIA2024-04-012024-06-30in-bse-fin:FourReportableSegmentResults01Member CIEINDIA2024-04-012024-06-30in-bse-fin:FourReportableSegmentResults02Member CIEINDIA2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member CIEINDIA2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member CIEINDIA2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member CIEINDIA2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member CIEINDIA2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member CIEINDIA2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member CIEINDIA2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member CIEINDIA2024-04-012024-06-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member CIEINDIA2024-04-012024-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member CIEINDIA2024-04-012024-06-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532756 CIEINDIA NOTLISTED CIE Automotive India Limited Equity 2024-01-01 2024-12-31 2024-07-18 2024-06-26 INR Millions Half yearly 16:30:00 18:55:00 2024-07-18 2024-07-18 true Cash Flow Indirect Not applicable Geographical 2024-04-01 2024-06-30 Unaudited Consolidated 22926870000.00 306360000.00 23233230000.00 12119800000.00 0.00 -381190000.00 2673420000.00 210910000.00 836200000.00 4914730000.00 20373870000.00 2859360000.00 0.00 2859360000.00 751500000.00 -49840000.00 701660000.00 0.00 2157700000.00 6290000.00 1890000.00 4400000.00 6150000.00 2168250000.00 -133670000.00 2034580000.00 2168250000.00 0.00 -133670000.00 0.00 3793620000.00 10 5.71 5.71 0.01 0.01 5.72 5.72 1. The statement prepared as per Co (IAS) Rules,15 (Ind AS) u.s 133 of the Co Act,13 and other recognized accounting practices and policies to the extent applicable.2. In Sept 18, the BOD of CIE India decided to dispose off the forging business in the UK, pertaining to the Co Stokes Group Ltd (SKG). Due to decision, the operations of SKG was discontinued, classifying as a disposal group, and reclassifying the P and L of the Co. to results from discontinued operations in its conso result. SKG got liquidated on 5.9.23. The conso results include total income and PBT of Rs 34.66 Mio of this discontinued operations for the QTR and HY ended 30.6.23 and year ended 31.12.23. For other comparable periods, results of SKG is nil.3.The BOD, in meeting 14.12.22, took note of the proposal approved by CIE Galfor, S.A.U. to launch an active program to locate a buyer for the German Forging Operations comprising of CIE Forgings Germany GmbH and its subsidiaries. As per AS, considering Galfor’s decision to launch the program, all the German Forging Operation’s “assets and liab” were categorised as assets and liab held for sale and classified as discontinued operation. BOD of the HoldCo at its meeting 10.8.23, approved the transaction of sale of 100% stake held by CFG in its subsidiaries in Germany namely Jeco Jellinghaus GmbH, Gesenkschmiede Schneider GmbH, Falkenroth Umformtechnik GmbH and Schoneweiss & Co. GmbH to Mutares SE & Co KgaA (the Buyer) (the Transaction).Hence, CFG as seller of JECO, GSA, FUG and SCG and the Buyer entered into binding agreements to give effect to the Transaction on 10.8.23. As per agreement,relevant AS effective 1.7.23, JECO, GSA, FUG and SCG results were not included in the conso results. The FCTR (under other equity) pertaining to the disposed group amting to Rs 2,090.62 Mio (including Rs 3,132 Mio in relation to translation of goodwill) is credited to St. of PL, as on 31.12.23.FCTR is created by translation of disposal group results and financial position from foreign currency to Rs as per IndAS and is accumulated in FCTR until actual disposal. Group had recognised further loss on fair valuation of disposal group of Rs 1,332.66 Mio during QTR and half year ended 30.6.23 and Rs 1,536.45 Mio as ended on 31.12.23. Details of the discontinuing operations are as:- Particulars 30.6.24 31.3.24 30.6.23 30.6.24 30.6.23 31.12.23 I.Total Income 7.18 7.67 6,243.52 14.85 11,818.72 13,909.34 II.Total exp 0.89 3.61 3,686.80 4.50 8,522.35 8,603.47 III.PBT (I-II) 6.29 4.06 2,556.72 10.35 3,296.37 5,305.87 IV.Loss on fair valuation of assets and liab (1,332.66)-(1,332.66) (1,536.45) of disposal group V.Tax exp 1.89 1.26 377.79 3.15 528.89 528.89 VI.P and L from dist operations 4.40 2.80 846.27 7.20 1,434.82 3,240.53 (III+IV-V) 4. Results reviewed by the AC and approved by the BOD in its meetings 18.7.24. Results are subjected to LRR by the auditors of the Co in terms of Reg 33 of LODR. 5.The subsidiaries and associate co forming part of conso financial results of CIE India are listed in Annexure A annexed herewith the statement. 6.CIE Aluminium Castings India Ltd (CACIL), the Co’s subsidiary is eligible for Govt Grant income under Maharashtra Govt Package Scheme of Incentives (PSI) 2013. This incentive is in the form of refund from the Govt of MHA. on actual VAT/SGST paid by the Co from the period 1.2.16 to 31.1.23 (7 yrs) with a max limit of Rs.2,674 Mio. In last QTR, CACIL has received a period enhancement for this subsidy upto 31.1.25 and a max value enhancement upto Rs.3,112 Mio. Due to this extension, additional grant income of Rs.220 Mio upto 31.12.23, recognised in the P and L AC during the QTR 31.3.24 and HY 30.6.24. 7.The BOD of the HoldCo at their meeting 19.2.24 recommended final dividend of Rs.5.00 per eq sh of Rs.10 each fully paid up for FY23 which has been paid during QTR 30.6.24. 8.The HoldCo has changed its name from Mahindra CIE Automotive Ltd to CIE Automotive India Ltd during the PY ended 31.12.23. Geographical 2024-01-01 2024-06-30 Unaudited Consolidated 47194900000.00 819480000.00 48014380000.00 24515660000.00 0.00 121250000.00 5288660000.00 431180000.00 1699600000.00 10063470000.00 42119820000.00 5894560000.00 0.00 5894560000.00 1497880000.00 -59000000.00 1438880000.00 0.00 4455680000.00 10350000.00 3150000.00 7200000.00 10150000.00 4473030000.00 -493490000.00 3979540000.00 4473030000.00 0.00 -493490000.00 0.00 3793620000.00 10 11.78 11.78 0.02 0.02 11.80 11.80 Other Expenses 4914730000.00 Other Expenses 10063470000.00 27461922000.00 1549608000.00 1190630000.00 28184470000.00 250930000.00 0.00 0.00 411220000.00 5850000.00 0.00 2202100000.00 737720000.00 2945670000.00 97880000.00 903260000.00 62995590000.00 11188090000.00 4913050000.00 12595510000.00 1406120000.00 236460000.00 186870000.00 1847730000.00 21185740000.00 237840000.00 1222200000.00 33833870000.00 0.00 0.00 96829460000.00 3793620000.00 58164500000.00 61958120000.00 61958120000.00 302460000.00 0.00 348250000.00 650710000.00 1005650000.00 3279360000.00 0.00 956150000.00 5891870000.00 3955210000.00 19366430000.00 559640000.00 23881280000.00 3499780000.00 561360000.00 1037050000.00 0.00 28979470000.00 0.00 0.00 34871340000.00 96829460000.00 Europe 7879720000.00 India 15062270000.00 Europe 17081200000.00 India 30137480000.00 22941990000.00 47218680000.00 15120000.00 23780000.00 22926870000.00 47194900000.00 Europe 999760000.00 India 2082950000.00 Europe 2133530000.00 India 4212710000.00 3082710000.00 6346240000.00 210910000.00 431180000.00 6290000.00 1. India includes Mexico operations. 2.* This includes disposal group- assets and liabilities held for sale for the quarter and half year ended June 30, 2023. 3.# Excludes Loss on fair valuation of assets and liabilities of disposal group -1,332.66 for quarter ended 30 June,2023, -1,332.66 for half year ended 30 June,2023 and -1,536.45 for the year ended 31 December, 2023. 10350000.00 2865510000.00 5904710000.00 Europe 31184560000.00 India 65644900000.00 96829460000.00 Europe 16851030000.00 India 18020310000.00 34871340000.00 431180000.00 412760000.00 -6334820000.00 0.00 0.00 276500000.00 390000.00 0.00 0.00 25290000.00 0.00 0.00 157800000.00 1699600000.00 0.00 25200000.00 48570000.00 0.00 0.00 56260000.00 0.00 0.00 42810000.00 -209750000.00 0.00 0.00 0.00 -422990000.00 -10150000.00 -3801350000.00 2093210000.00 0.00 0.00 -149140000.00 882870000.00 0.00 1061200000.00 0.00 0.00 0.00 21000000.00 0.00 0.00 0.00 0.00 194670000.00 2001000000.00 3116350000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7047102000.00 9520620000.00 0.00 0.00 0.00 149140000.00 0.00 55300000.00 260000000.00 4226978000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3775810000.00 0.00 107000000.00 1666250000.00 413000000.00 0.00 0.00 -5962060000.00 -673882000.00 -15000000.00 -688882000.00 2095000000.00 1406118000.00 Items that will not be reclassified to profit or loss 9580000.00 Items that will not be reclassified to profit or loss 10580000.00 9580000.00 10580000.00 2410000.00 2660000.00 Items that will be reclassified to profit or loss -140840000.00 Items that will be reclassified to profit or loss -501410000.00 -140840000.00 -501410000.00 0.00 0.00