ARE&M2024-04-012024-06-30 ARE&M2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member ARE&M2024-06-30 ARE&M2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member ARE&M2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member ARE&M2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member ARE&M2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member ARE&M2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member ARE&M2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member ARE&M2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member ARE&M2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member ARE&M2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member ARE&M2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member ARE&M2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member ARE&M2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member ARE&M2024-04-012024-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500008 ARE&M NOTLISTED Amara Raja Energy & Mobility Limited Equity 2024-04-01 2025-03-31 2024-08-03 2024-06-27 INR Crores First quarter 10:30:00 13:30:00 2024-08-03 2024-08-03 Not applicable Multi segment 2024-04-01 2024-06-30 Unaudited Consolidated 32630500000.00 295900000.00 32926400000.00 16927700000.00 4891800000.00 635100000.00 2015800000.00 94400000.00 1226000000.00 3788500000.00 29579300000.00 3347100000.00 0.00 3347100000.00 666200000.00 189700000.00 855900000.00 0.00 2491200000.00 0.00 0.00 0.00 0.00 2491200000.00 560700000.00 3051900000.00 2491200000.00 0.00 3051900000.00 0.00 183000000.00 1 13.61 13.61 0.00 0.00 13.61 13.61 1) These financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meetings held on August 3, 2024. These results ale as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The statutory auditors have carried out a limited review of these results for the quarter ended June 30, 2024 and have issued an unmodified report on these results 2) In accordance with Ind AS 108 'Operating Segment', the Company has disclosed Segment information on consolidated basis for the quarter ended June 30, 2024 which is available as part ofthe unaudited consolidated financial results of the Company. 3) The Board of Directors of the Company have approved a change in name of the Company from Amara Raja Batteries Limited to Amara Raja Energy & Mobility Limited. The new name, conveys the Company's commitment to becoming a leader in the energy and mobility sector. It accurately represents current business activities and future aspirations to strengthen market position, enhance brand value, and capitalize on new opportunities. The change in name of the Company was approved by the shareholders of the Company on August 12, 2023 . The Company has also received a fresh certificate of incorporation from the Ministry of Corporate Affairs dated September 27, 2023 4) The Company has further infused ~ 12525 crores during the quarter, into Amara Raja Circular Solutions Private Limited (,ARCSPL'), a wholly-owned subsidiary ofthe Company for its capital requirements as investment in equity shares. The total investment in ARCSPL now stands at ~ 445.25 crores 5) The Company has further infused ~ 450.01 crores during the quarter, into Amara Raja Advanced Cell Technologies Private Limited (,ARACT), a wholly-owned subsidiary of the Company for its capital requirements as investment in equity shares. The total investment in ARACT now stands at ~ 850.01 crores. 6) During the current quarter, the Company has accounted an amount of ~ 56.95 crores as the fair value gain in other comprehensive income [net of tax] on its existing investments in Inobat AS [Formerly known as Inobat Auto AS]. The Company has also made an additional investment of ~ 178.94 crores in Inobat AS during the current quarter. 7) On January 30, 2023, a fire broke out at one of the manufacturing facilities of the Company at Chittoor, Andhra Pradesh which caused damage to the Company's property, plant and equipment and inventories. There were no loss of lives. The Company recognised a loss of ~ 438.56 crores arising from such incident during the quarter and year ended March 31, 2023. The Company had a valid mega all risk insurance policy covering the fire accident and lodged a claim with the Insurance Company for losses suffered on account of the property, plant and equipment, inventories and loss of profits. The Insurance Company admitted the claim based on an interim survey carried out by the surveyor appointed by it and the extent of final loss admissible under the policy is heing evaluated by the surveyor. The Company estimated and recognised an insurance claim receivable in respect ofthe claim in accordance with its accounting policy Till date, the Company has received payment of ~ 224.13 crores from the Insurance Company and has realised ~ 102.11 crores from processing and/or sale of scrap. The Company is confident of realizing balance amount on final determination of the loss and completion ofthe related activities. Refer PDF for full notes on financial results Other Expenses 3788500000.00 Lead acid batteries and allied products 31373000000.00 Others 1257500000.00 32630500000.00 32630500000.00 Lead acid batteries and allied products 3062300000.00 Others 58100000.00 3120400000.00 0.00 -226700000.00 3347100000.00 Lead acid batteries and allied products 72922700000.00 Others 7300100000.00 80222800000.00 16889300000.00 97112100000.00 Lead acid batteries and allied products 23794500000.00 Others 931600000.00 24726100000.00 1346900000.00 26073000000.00 (a) Remeasurements of the defined benefit plans -50000000.00 (b) Investments through other comprehensive income (FVTOCI)n [net of tax] 610600000.00 560600000.00 0.00 (a) Exchange differences in translating the financial statements ofn foreign subsidiary 100000.00 100000.00 0.00