CIEINDIA2024-07-012024-09-30 CIEINDIA2024-07-012024-09-30 CIEINDIA2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member CIEINDIA2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member CIEINDIA2024-09-30 CIEINDIA2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue01Member CIEINDIA2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue02Member CIEINDIA2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue01Member CIEINDIA2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue02Member CIEINDIA2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults01Member CIEINDIA2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults02Member CIEINDIA2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults01Member CIEINDIA2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults02Member CIEINDIA2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets01Member CIEINDIA2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets02Member CIEINDIA2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member CIEINDIA2024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member CIEINDIA2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member CIEINDIA2024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member CIEINDIA2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member CIEINDIA2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member CIEINDIA2024-07-012024-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member CIEINDIA2024-07-012024-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532756 CIEINDIA NOTLISTED CIE Automotive India Limited Equity 2024-01-01 2024-12-31 2024-10-24 2024-09-26 INR Millions Third quarter 16:30:00 18:25:00 2024-10-24 2024-10-24 Not applicable Geographical 2024-07-01 2024-09-30 Unaudited Consolidated 21346260000.00 242670000.00 21588930000.00 11018110000.00 0.00 34070000.00 2399980000.00 169390000.00 798140000.00 4588390000.00 19008080000.00 2580850000.00 0.00 2580850000.00 636570000.00 16030000.00 652600000.00 0.00 1928250000.00 7510000.00 2210000.00 5300000.00 18740000.00 1952290000.00 752260000.00 2704550000.00 1952290000.00 0.00 2704550000.00 0.00 3793620000.00 10 5.13 5.13 0.01 0.01 5.14 5.14 The st. prepared as per Co (IAS) Rules,15 (Ind AS) u.s 133 of the Co Act,13 and other recognized accounting practices & policies to the extent applicable.2.In Sept 18, BOD of CIE India decided to dispose off the forging business in UK, pertaining to Co Stokes Group Ltd (SKG). Due to decision, the operations of SKG was discontinued, classifying as a disposal group, and reclassifying the P & L of the Co. to results from discontinued operations in its conso result. SKG got liquidated on 5.9.23.Conso results include total income & PBT of INR 34.66 Mio pertaining to these discontinued operations for 9 months ended 30.9.23. For other comparable periods, the results of SKG is nil. 3.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&liab” were categorised as assets & liab held for sale and classified as discontinued operation. BOD of the HoldCo at its meeting 10.8.23, approved transaction of sale 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 (Buyer) (the Transaction).Hence, CFG 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 & SCG results were not included in the conso results. The FCTR (under other equity) pertaining to the disposed group amounting INR 2,090.62mio (including INR 3,132 mio as translation of goodwill) is credited to st. of P&L, during 9 months ended 30.9.2023 & year ended 31.12.23.FCTR is created by translation of disposal group results and financial position from foreign currency to INR as per applicable IND AS and is accumulated in FCTR until actual disposal. Group has recognised loss on fair valuation of disposal group of INR 203.79 mio & INR 1,536.45 respectively during the quarter & 9months ended on 30.9.23. Brief details of the discontinuing orp. are as given under:-Parti. 30 Sep 24 30 Jun 24 30 Sep 23 30 Sep 24 30 Sep 23 31 Dec 23. I. Total income 7.55, 7.18, 2090.62, 22.40, 13909.34, 13909.34 II. Total Exp 0.04, 0.89, -, 4.54, 8522.35, 8603.47. III. PBT (I-II) 7.51, 6.29, 2090.62, 17.86, 5386.99, 5305.87. IV. Loss on fair valuation of assets & liabilities of disposal group -, -, (203.79), -, (1536.45), (1536.45). V. Tax expense 2.20, 1.89, -, 5.36, 528.89, 528.89. VI. Profit/(loss) from discontinued operations (III+IV-V) 5.30, 4.40, 1886.83, 12.50, 3321.65, 3240.53. 4. The results reviewed by the AC and approved by BOD in meetings held on 24.10.24. Results are subjected to LRR by the auditors of the Co in terms of Reg 33 of LODR. 5.The subsidiaries & associate co forming part of conso FR 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 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 & L AC during the 9 months ended 30.9.24. 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 was paid during QTR 30.6.24. 8.The HoldCo has changed its name from Mahindra CIE Automotive Ltd to CIE Automotive India Ltd in PY ended 31.12.23. Geographical 2024-01-01 2024-09-30 Unaudited Consolidated 68541160000.00 1060680000.00 69601840000.00 35533770000.00 0.00 155320000.00 7688640000.00 600570000.00 2497740000.00 14650390000.00 61126430000.00 8475410000.00 0.00 8475410000.00 2134450000.00 -42970000.00 2091480000.00 0.00 6383930000.00 17860000.00 5360000.00 12500000.00 28890000.00 6425320000.00 258770000.00 6684090000.00 6425320000.00 0.00 6684090000.00 0.00 3793620000.00 10 16.91 16.91 0.03 0.03 16.94 16.94 Other Expenses 4588390000.00 Other Expenses 14650390000.00 Europe 6077150000.00 India 15292090000.00 Europe 23158350000.00 India 45429570000.00 21369240000.00 68587920000.00 22980000.00 46760000.00 21346260000.00 68541160000.00 Europe 726240000.00 India 2050250000.00 Europe 2859770000.00 India 6262960000.00 2776490000.00 9122730000.00 169390000.00 600570000.00 7510000.00 1. India includes Mexico operations. 2. # Excludes Loss on fair valuation of assets and liabilities of disposal group (Rs. 203.79) for quarter ended September 30, 2023, (Rs. 1,536.45) for nine months ended September 30, 2023 and (Rs. 1536.45) for year ended December 31, 2023 17860000.00 2599590000.00 8504300000.00 Europe 31351840000.00 India 65518740000.00 96870580000.00 Europe 15818810000.00 India 16386910000.00 32205720000.00 Items that will not be reclassified to profit or loss -19450000.00 Items that will not be reclassified to profit or loss -8870000.00 -19450000.00 -8870000.00 -4890000.00 -2230000.00 Items that will be reclassified to profit or loss 766820000.00 Items that will be reclassified to profit or loss 265410000.00 766820000.00 265410000.00 0.00 0.00