CRAFTSMAN2024-04-012024-06-30 CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member CRAFTSMAN2024-06-30 CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue03Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults03Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets03Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member CRAFTSMAN2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member CRAFTSMAN2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member CRAFTSMAN2024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member CRAFTSMAN2024-04-012024-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543276 CRAFTSMAN NIL Craftsman Automation Limited Equity 2024-04-01 2025-03-31 2024-07-24 2024-07-03 INR Lakhs First quarter 17:55:00 18:50:00 2024-07-24 2024-07-24 Not applicable Multi segment 2024-04-01 2024-06-30 Unaudited Consolidated 11511900000.00 48400000.00 11560300000.00 6383900000.00 0.00 100000000.00 738300000.00 491500000.00 724900000.00 2316400000.00 10755000000.00 805300000.00 0.00 805300000.00 210600000.00 1600000.00 212200000.00 0.00 593100000.00 0.00 0.00 0.00 1800000.00 594900000.00 52600000.00 647500000.00 531900000.00 63000000.00 584800000.00 62700000.00 119200000.00 5 24.82 24.82 0.00 0.00 24.82 24.82 Notes: 1. The above standalone financial results of Craftsman Automation Limited (‘the Company’) and consolidated financial results of the Company, itssubsidiaries and a joint venture (together referred to as Group’) for the quarter ended 30 June 2024 are drawn up in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI (LODR) Regulations'). These results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on 24 July 2024. The above financial results were reviewed by the statutory auditors, who have issued unmodified review conclusion on these financial results. 2. The Company has reported segment information as per Indian Accounting Standard 108 Operating Segments (IND AS 108) read with SEBI’scircular CIR/CFD/FAC/62/2016 dated 05 July 2016. Accordingly, the Company has identified the reportable segments based on end consumption of the products sold or services rendered and is consistent with performance assessment and resource allocation by the management. Segment revenue comprises sales and operational income allocable specifically to a segment. Un-allocable expenditure mainly includes corporate expenses, finance cost and other expenses. Un-allocable income primarily includes other income. 3. The above consolidated results include the results and other information of Name of the entity Relationship DR Axion India Private Limited, India Subsidiary Craftsman Europe BV, the Netherlands Subsidiary Carl Stahl Craftsman Enterprises Private Limited, India Joint Venture 4. During the quarter, the Company issued 27,27,272 equity shares of face value Rs. 5 each through Qualified Institutions Placement ('QIP') at an issue price of Rs. 4,400/- per share (including securities premium of Rs. 4,395/- per share) aggregating Rs.1,20,000 lakhs. The objects of the QIP as per the placement document are repayment / pre-payment, in full or in part, of certain borrowings of the Company, acquisition of balance equity shares of DR Axion India Private Limited, a subsidiary of the Company and general corporate purposes. A part of the proceeds were utilised till the end of the quarter towards the above said objects and the balance proceeds of Rs. 30,385 lakhs will be utilised in the subsequent period. The costs that are attributable directly to the above transaction amounting to Rs. 1,977 lakhs, have been adjusted against securities premium. 5. The Company has acquired balance 24% stake in DR Axion India Private Limited at the end of the quarter for a consideration of Rs.25,000 lakhs. Withthis acquisition, DR Axion India Private Limited becomes a wholly owned subsidiary of the Company Other Expenses 2316400000.00 Aluminium Products 5281900000.00 Industrial & Engineering 2066800000.00 Powertrain 4163200000.00 11511900000.00 11511900000.00 Aluminium Products 696700000.00 Industrial & Engineering 43200000.00 Powertrain 708300000.00 1448200000.00 491500000.00 149600000.00 Notes: 1. The above standalone financial results of Craftsman Automation Limited (‘the Company’) and consolidated financial results of the Company, itssubsidiaries and a joint venture (together referred to as Group’) for the quarter ended 30 June 2024 are drawn up in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI (LODR) Regulations'). These results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on 24 July 2024. The above financial results were reviewed by the statutory auditors, who have issued unmodified review conclusion on these financial results. 2. The Company has reported segment information as per Indian Accounting Standard 108 Operating Segments (IND AS 108) read with SEBI’scircular CIR/CFD/FAC/62/2016 dated 05 July 2016. Accordingly, the Company has identified the reportable segments based on end consumption of the products sold or services rendered and is consistent with performance assessment and resource allocation by the management. Segment revenue comprises sales and operational income allocable specifically to a segment. Un-allocable expenditure mainly includes corporate expenses, finance cost and other expenses. Un-allocable income primarily includes other income. 3. The above consolidated results include the results and other information of Name of the entity Relationship DR Axion India Private Limited, India Subsidiary Craftsman Europe BV, the Netherlands Subsidiary Carl Stahl Craftsman Enterprises Private Limited, India Joint Venture 4. During the quarter, the Company issued 27,27,272 equity shares of face value Rs. 5 each through Qualified Institutions Placement ('QIP') at an issue price of Rs. 4,400/- per share (including securities premium of Rs. 4,395/- per share) aggregating Rs.1,20,000 lakhs. The objects of the QIP as per the placement document are repayment / pre-payment, in full or in part, of certain borrowings of the Company, acquisition of balance equity shares of DR Axion India Private Limited, a subsidiary of the Company and general corporate purposes. A part of the proceeds were utilised till the end of the quarter towards the above said objects and the balance proceeds of Rs. 30,385 lakhs will be utilised in the subsequent period. The costs that are attributable directly to the above transaction amounting to Rs. 1,977 lakhs, have been adjusted against securities premium. 5. The Company has acquired balance 24% stake in DR Axion India Private Limited at the end of the quarter for a consideration of Rs.25,000 lakhs. Withthis acquisition, DR Axion India Private Limited becomes a wholly owned subsidiary of the Company 807100000.00 Aluminium Products 19711800000.00 Industrial & Engineering 10027700000.00 Powertrain 16139900000.00 45879400000.00 8614800000.00 54494200000.00 Aluminium Products 9773100000.00 Industrial & Engineering 5349600000.00 Powertrain 8485300000.00 23608000000.00 3657500000.00 27265500000.00 Remeasurement gains/(losses) on defined benefit plans -3500000.00 -3500000.00 -900000.00 Effective portion of gains or loss on hedging instruments in a cash 77400000.00 Translation reserve -2700000.00 74700000.00 19500000.00