MAHINDCIE2019-01-012019-03-31in-bse-fin:OneOperatingExpenses01Member MAHINDCIE2019-01-012019-03-31in-bse-fin:OneReportableSegmentRevenue01Member MAHINDCIE2019-01-012019-03-31in-bse-fin:OneReportableSegmentRevenue02Member MAHINDCIE2019-01-012019-03-31in-bse-fin:OneReportableSegmentResults01Member MAHINDCIE2019-01-012019-03-31in-bse-fin:OneReportableSegmentResults02Member MAHINDCIE2019-01-012019-03-31in-bse-fin:OneReportableSegmentAssets01Member MAHINDCIE2019-01-012019-03-31in-bse-fin:OneReportableSegmentAssets02Member MAHINDCIE2019-01-012019-03-31in-bse-fin:OneReportableSegmentLiabilities01Member MAHINDCIE2019-03-31in-bse-fin:OneReportableSegmentLiabilities01Member MAHINDCIE2019-01-012019-03-31in-bse-fin:OneReportableSegmentLiabilities02Member MAHINDCIE2019-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares MAHINDCIE 2019-01-01 2019-12-31 2019-03-29 INR Millions First quarter Geographical 2019-01-01 2019-03-31 Unaudited Consolidated 21743910000.00 148420000.00 21892330000.00 10175340000.00 0.00 -30370000.00 3559350000.00 102930000.00 740430000.00 5214240000.00 19761920000.00 2130410000.00 0.00 2130410000.00 603820000.00 -10600000.00 593220000.00 0.00 1537190000.00 -13030000.00 0.00 -13030000.00 0.00 1524160000.00 -232080000.00 1292080000.00 0.00 0.00 3788082000.00 10 4.06 4.06 -0.03 -0.03 4.03 4.03 Notes: n1.tThe statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. n n2.tIn September 2018, the Board of directors of Mahindra CIE Automotive Limited decided to dispose the forging business in United Kingdom, corresponding to the company Stokes Group Limited. Due to that decision, the Group has discontinued the operations of Stokes Group Limited, classifying them a disposal group, and reclassifying the profit and loss account of the Company to results from discontinued operations in its consolidated result. n n3.tThe Board of Directors of the Company at its meeting held on 12th March, 2019, approved the acquisition of 100% of the issued and outstanding share capital of Aurangabad Electricals Limited, for an aggregate amount not exceeding INR 8,759 million. The acquisition was completed on April 9, 2019. n n4.tExceptional Items in the Standalone Financial Results for the quarter and year ended December 31, 2018 pertain to: n na.tProvision for impairment on additional investment in Stokes Group Limited, wholly owned subsidiary of the Company, amounting to INR 1,161 Million, to facilitate closure of business. The Company did not anticipate any amount to be recovered from this investment. Hence, the Company had recognized full impairment loss on the said investment. n nb.tLoss on sale of investment in Mahindra Forgings Europe AG (MFE), one of the wholly owned subsidiaries of the Company, to CIE Galfor S.A.U. (Galfor), another wholly owned subsidiary of the Company amounting to INR 125 Million. n n5.tInd AS 115 - Revenue from Contracts with Customers, mandatory for reporting periods beginning on or after April 1, 2018 replaces existing revenue recognition requirements. Application of Ind AS 115 to the Company (w.e.f. January 1, 2019) did not have any material adjustments on recognition and measurement of revenue and related items in the financial results of the Company. n n6.tThe Board of Directors of the Company at its meeting held on September 25, 2018, approved the scheme of merger between Bill Forge Private Limited, wholly owned subsidiary, and the Company. The scheme of merger has been filed with the National Company Law Tribunal (NCLT) on October 29, 2018 and the impact of this merger will be given once the scheme is approved by the NCLT and filed with Registrar of Companies. n n7.tThe above results have been subjected to Limited Review by the auditors of the Company in terms of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on May 6, 2019. n8.tThe figures for the quarter ended December 31, 2018 are the derived figures between the audited figures for the year ended December 31, 2018 and published reviewed figures for the quarter ended September 30, 2018. n n9.tThe share of net loss of associates is not material. n n10.tThe consolidated financial results of the Group for the quarters ended December 31, 2018 and March 31, 2018, as reported in these financial results have been approved by the Board of Directors but have not been subjected to review / audit by the auditors. n nList of Subsidiaries and Associates Companies forming part of the MCIE Group is attached in PDF file. n n n n Other Expenses 5214240000.00 Europe 13325000000.00 India 8524000000.00 105000000.00 Europe 1241000000.00 India 992000000.00 103000000.00 0.00 Note: n n1. Segment Information is exclusive of Discontinued Operations. n2. India includes Mexico operations which are currently not significant. Europe 43367000000.00 India 42603000000.00 0.00 Europe 28351000000.00 India 13436000000.00 0.00