KROSS2024-04-012024-06-30 KROSS2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member KROSS2024-06-30 KROSS2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member KROSS2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 544253 KROSS NOTLISTED Kross Limited Equity 2024-04-01 2025-03-31 2024-09-27 2024-09-23 INR Millions First quarter 16:30:00 18:05:00 2024-09-27 2024-09-27 Not applicable Single segment AUTO COMPONENTS 2024-04-01 2024-06-30 Unaudited Standalone 1463920000.00 3170000.00 1467090000.00 927490000.00 0.00 -26190000.00 74120000.00 42260000.00 16040000.00 322680000.00 1356400000.00 110690000.00 0.00 110690000.00 31010000.00 3120000.00 34130000.00 0.00 76560000.00 0.00 0.00 0.00 0.00 76560000.00 -460000.00 76100000.00 0.00 0.00 270460000.00 5 1.42 1.42 0.00 0.00 1.42 1.42 1.The above unaudited financial results of the Company for the quarter ended June 30 2024 have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on September 27, 2024. The Statutory auditors have expressed unmodified review opinion on financial results June 30, 2024 and have issued an unmodified opinion.2.These financial results have been prepared in accordance with the recognition and measurement principles outlined in the Indian Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act, 2013, along with the relevant rules issued thereunder and other accounting principles generally accepted in India.3.The figures for the corresponding quarters ended June 30, 2023 and preceding quarter ended March 31, 2024, as reported in these unaudited financial results, have been approved by the Company’s Board of Directors but have not undergone review by the statutory auditors as the requirement of submission of quarterly financial results became applicable with listing of the Company’s equity shares commencing from the quarter ended June 30, 2024.4.The Statutory Auditors of the Company have conducted a Limited Review of the results in accordance with the Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”).5.Subsequent to the quarter ended June 30, 2024, the Company has completed an Initial Public Offering (IPO) of 10,416,666 equity shares with a face value of INR 5 each at an issue price of INR 240 per share, comprising fresh issue of 10,416,666 shares and an Offer for Sale of 10,416,666 shares.6.The Company’s equity shares were listed on the National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange of India Limited (BSE) on September 16, 2024. Thus, this statement of unaudited financial results for the quarter ended June 30, 2024, is prepared for the first time in compliance with Regulation 33 of the Listing Regulations.7.During the Financial year ended March 31, 2024, the company had issued and allotted 13,523,189 equity bonus shares in ratio of 1 (one) fully paid up bonus share of the face value of Rs. 10 each for every existing 1 (one) fully-paid equity share of face value of Rs. 10 each held as approved by the members at the annual general meeting held on October 26, 2023. In terms of IND AS 33, impact of the same has been considered in the calculation of Basic and Diluted EPS for the quarters ended June 30, 2023 and March 31, 2024.8.Pursuant to Shareholder's resolution passed at the Extraordinary General Meeting held on October 26, 2023, the face value per equity share of the company was subdivided from Rs. 10 each to Rs. 5 each. Accordingly, impact of the same has been considered in the calculation of Basic and Diluted EPS for the quarters ended June 30, 2023 and March 31, 2024.9.The Code of Social Security, 2020 (‘Code’) relating to the employee benefits during employment and post-employment benefits received presidential assent in September 2020. The code has been published in the Gazette of India. However, the date on which the Code will come into effect has not yet been notified. The Company will assess the impact of the code when it comes into effect and will record any related impact in the period when the code becomes effective.10.The Company’s business falls within single business segment of Motor Vehicle parts and accessories. Hence, disclosures under Ind AS 108-Operating Segments are not reported separately.11.The figures of the previous periods/ year are reclassified, regrouped and rearranged whether necessary so as to make them comparable with current period’s figures.12.The Company’s equity shares were listed on the National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange of India Limited (BSE) on September 16, 2024. CIN of the company is yet to be updated. Other Expenses 322680000.00 Remeasurement of the Employees defined benefit plans -610000.00 Income tax relating to above items 150000.00 -460000.00 0.00 0.00