ARE&M2024-07-012024-09-30 ARE&M2024-07-012024-09-30 ARE&M2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member ARE&M2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member ARE&M2024-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500008 ARE&M NOTLISTED Amara Raja Energy & Mobility Limited Equity 2024-04-01 2025-03-31 2024-11-04 2024-09-26 INR Crores Half yearly 14:00:00 17:15:00 2024-11-04 2024-11-04 true Cash Flow Indirect Not applicable Single segment Manufacture and marketing of lead acid & other storage batteries 2024-07-01 2024-09-30 Unaudited Standalone 31358300000.00 184700000.00 31543000000.00 17531900000.00 3957400000.00 -277100000.00 1898800000.00 131300000.00 1220300000.00 3840700000.00 28303300000.00 3239700000.00 0.00 3239700000.00 655200000.00 177400000.00 832600000.00 0.00 2407100000.00 0.00 0.00 0.00 0.00 2407100000.00 200500000.00 2607600000.00 2607600000.00 0.00 183000000.00 10 13.15 13.15 0.00 0.00 13.15 13.15 1. These financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meetings held on November 4, 2024. These results are 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 and half-year ended September 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 and half-year ended September 30, 2024 which is available as part of the Unaudited Consolidated Financial Results of the Company. 3. The Board of Directors at its meeting held on November 4, 2024 have approved an interim dividend of Rs. 5.30 per equity share of face value of Rs. 1 each. Record date for payment of interim dividend is fixed as November 14, 2024. 4. The Company has further infused Rs. 54.75 crores during the current quarter, into Amara Raja Circular Solutions Private Limited ('ARCSPL'), a wholly-owned subsidiary of the Company for its capital requirements. The total investment in ARCSPL now stands at Rs. 500 crores. 5. The Board of Directors of the Company at its meeting held on September 26, 2022 approved a Scheme of Arrangement amongst Mangal Industries Limited (‘Demerged Company’) and Amara Raja Energy & Mobility Limited (formerly known as Amara Raja Batteries Limited) [‘the Company’] and their respective shareholders and creditors, under the provisions of Section 230 to 232 and other applicable provisions of the Companies Act, 2013 (“the Scheme ). The Scheme, inter-alia, provides for demerger of the plastic component for battery business (‘Demerged Undertaking’) from the demerged company to the Company. The Scheme has been approved by the Hon’ble jurisdictional National Company Law Tribunal ( NCLT ) vide its order dated January 10, 2024, and the same has become effective from February 1, 2024. Consequent to the Scheme coming into effect, purchase consideration of Rs. 672.56 crores has been discharged through issue of 1,22,12,864 fully paid-up equity shares of face value of Rs. 1/- each to the equity shareholders of the Demerged Company, in accordance with the share entitlement ratio approved in the Scheme. The transaction was accounted in accordance with the acquisition method as per Ind AS 103 – Business Combination. The Company has recognised Rs. 244.57 crores towards the fair value of net assets acquired and Rs. 427.99 crores towards goodwill. The above referred shares of 1,22,12,864 have been alloted in February 2024. The Company has given effect to the Scheme in accordance with the MCA's General Circular 9/2019 dated August 21, 2019 from April 1, 2022 being the appointed date as per the Scheme and the previously issued standalone financial results for the quarter and half-year ended September 30, 2023 have been restated. Single segment 2024-04-01 2024-09-30 Unaudited Standalone 62670200000.00 440200000.00 63110400000.00 33536600000.00 8910500000.00 327600000.00 3754800000.00 221000000.00 2403200000.00 7430400000.00 56584100000.00 6526300000.00 0.00 6526300000.00 1319800000.00 353900000.00 1673700000.00 0.00 4852600000.00 0.00 0.00 0.00 0.00 4852600000.00 761100000.00 5613700000.00 5613700000.00 0.00 183000000.00 10 26.51 26.51 0.00 0.00 26.51 26.51 Other expenses 3840700000.00 Other expenses 7430400000.00 30570300000.00 6311800000.00 0.00 4279900000.00 407400000.00 16400000.00 0.00 0.00 20963100000.00 0.00 0.00 121500000.00 21084600000.00 0.00 1741500000.00 64411900000.00 19087400000.00 1256200000.00 9995000000.00 1121300000.00 154400000.00 0.00 816200000.00 13343100000.00 0.00 1797200000.00 34227700000.00 0.00 0.00 98639600000.00 183000000.00 72183800000.00 72366800000.00 72366800000.00 0.00 0.00 868600000.00 868600000.00 1663500000.00 1202800000.00 0.00 666000000.00 4400900000.00 2168900000.00 10387700000.00 4123800000.00 16680400000.00 3785500000.00 1406000000.00 0.00 0.00 21871900000.00 0.00 0.00 26272800000.00 98639600000.00 221000000.00 -992000000.00 201100000.00 0.00 -97500000.00 0.00 0.00 0.00 0.00 1994200000.00 0.00 529000000.00 0.00 2403200000.00 0.00 65800000.00 0.00 0.00 0.00 -13800000.00 0.00 13600000.00 0.00 -4000000.00 0.00 0.00 0.00 -151500000.00 0.00 4141900000.00 10668200000.00 0.00 0.00 0.00 1445700000.00 0.00 9222500000.00 0.00 6300100000.00 0.00 1789400000.00 0.00 0.00 0.00 0.00 29800000.00 3858200000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1000000000.00 0.00 0.00 0.00 22400000.00 0.00 1471700000.00 0.00 -9423800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1724500000.00 88900000.00 0.00 155700000.00 933400000.00 123300000.00 0.00 0.00 423200000.00 221900000.00 7200000.00 229100000.00 892200000.00 1121300000.00 200500000.00 761100000.00 0.00 0.00 0.00 0.00