SHRIPISTON2024-10-012024-12-31 SHRIPISTON2024-10-012024-12-31 SHRIPISTON2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member SHRIPISTON2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member SHRIPISTON2024-12-31 SHRIPISTON2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SHRIPISTON2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SHRIPISTON2024-10-012024-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member SHRIPISTON2024-10-012024-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 000000 SHRIPISTON NA Shriram Pistons & Rings Limited Equity 2024-04-01 2025-03-31 2025-02-03 2025-01-27 INR Lakhs Third quarter 16:05:00 17:05:00 2025-02-03 2025-02-03 Not applicable Single segment AUTOMOTIVE COMPONENTS 2024-10-01 2024-12-31 Unaudited Consolidated 8478900000.00 272400000.00 8751300000.00 3544600000.00 202900000.00 -275800000.00 1263600000.00 78800000.00 308400000.00 2037800000.00 7160300000.00 1591000000.00 0.00 1591000000.00 408000000.00 -26800000.00 381200000.00 0.00 1209800000.00 0.00 0.00 0.00 0.00 1209800000.00 12500000.00 1222300000.00 1199100000.00 10700000.00 1212900000.00 9400000.00 440500000.00 10 27.22 27.22 0.00 0.00 27.22 27.22 0.00 0.00 0.00 1. The Group deals primarily in automotive component segment. 2. The above results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard (referred to as IND AS ) 34 Interim Financial reporting prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules made thereunder. 3. The Holding Company has infused Rs. 23,000 lacs on December 19, 2024 by way of subscription to equity share capital in SPR Engenious Limited (SEL), its wholly-owned subsidiary. 4. Pursuant to share purchase agreement dated December 10, 2024, the Holding Company acquired 100% shareholding in TGPEL Precision Engineering Limited through its wholly-owned subsidiary, SEL. The total purchase consideration of Rs. 21,762 lacs, based on fair values has been allocated as below: Particulars Rs. Lacs Property, Plant and Equipment 12,995 Net Working Capital 673 Customer Replationships 1,572 Non-compete agreement 50 Goodwill 6,472 Total purchase considerations 21,762 The excess of the purchase consideration paid over the fair value of assets acquired has been attributed to goodwill. Deferred tax liability of Rs. 2,238 Lacs has been recognized on the identified intangibles and the fair value of PPE, leading to an increase in goodwill by the same amount. The same is in addition to the goodwil recognized above. 5. The Board of Directors of the Holding Company has approved the payment of interim dividend @ 50% i.e. Rs. 5 /- on each equity share of the nominal value of Rs. 10/- each for the financial year ending March 31, 2025. The record date for the purpose of payment of interim dividend is fixed as February 07, 2025. 6. SPR Takahata Precision India Private Limited and TGPEL Precision Engineering Limited were acquired on October 16, 2023 and December 24, 2024 respectively. Hence, the financial results for the quarter / period ended December 2024 are not comparable with corresponding quarter / period of previous year. 7. The above results were reviewed and recommended by Audit Committee in its meeting held on February 03, 2025 and taken on record by Board of Directors in its meeting held on February 03, 2025. 8. Figures of previous periods have been regrouped, wherever necessary, to correspond with the figures of the current period. Further, the impact of such reclassifications is not material to the Group. Single segment 2024-04-01 2024-12-31 Unaudited Consolidated 25614600000.00 839800000.00 26454400000.00 10393900000.00 601600000.00 -420800000.00 3813800000.00 259500000.00 913900000.00 6086600000.00 21648500000.00 4805900000.00 0.00 4805900000.00 1229900000.00 -64200000.00 1165700000.00 0.00 3640200000.00 0.00 0.00 0.00 0.00 3640200000.00 28800000.00 3669000000.00 3601300000.00 38900000.00 3631100000.00 37900000.00 440500000.00 10 81.76 81.76 0.00 0.00 81.76 81.76 0.00 0.00 0.00 Other Expenses 2037800000.00 Other Expenses 6086600000.00 Remeasurements of the post employment defined benefit plans 13200000.00 Remeasurements of the post employment defined benefit plans 38000000.00 13200000.00 38000000.00 3500000.00 10200000.00 Fair value change of cash flow hedge 4800000.00 Fair value change of cash flow hedge 1400000.00 4800000.00 1400000.00 2000000.00 400000.00