MAHINDCIE2019-04-012019-06-30in-bse-fin:OneOperatingExpenses01Member MAHINDCIE2019-04-012019-06-30in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares MAHINDCIE 2019-01-01 2019-12-31 2019-06-28 INR Millions Half yearly Single segment Automotive 2019-04-01 2019-06-30 Unaudited Standalone 5409140000.00 64960000.00 5474100000.00 2923780000.00 0.00 65510000.00 679710000.00 54230000.00 181050000.00 1199250000.00 5103530000.00 370570000.00 0.00 370570000.00 139400000.00 -2350000.00 137050000.00 0.00 233520000.00 0.00 0.00 0.00 0.00 233520000.00 0.00 233520000.00 0.00 0.00 3789990000.00 10 0.62 0.62 0.00 0.00 0.62 0.62 1.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 n3.tThe above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on July 19, 2019. These results are 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). n4.tExceptional Items in the Standalone Financial Results for the year ended December 31, 2018 pertain to : 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 recognised full impairment loss on the said investment. 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. 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. 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. n7.tOn April 9, 2019 (the “Acquisition date”), the company has acquired 100% equity of Aurangabad Electricals Limited for a purchase consideration of INR 8,759 million. Given that the acquisition has recently been completed, the purchase price has been allocated to assets and liabilities on a provisional basis as per Ind AS 103- Business Combinations. Accordingly provisional goodwill amounting to INR 6,750 million has been recognised in the consolidated balance sheet as at the acquisition date. The management expects to identify and measure the identifiable assets acquired and liabilities assumed at their acquisition date fair value by March 31, 2020. Any new information obtained during measurement period about facts and circumstances that were existing as of the acquisition date, that would have affected the measurement of the amounts recognised as of that date will be adjusted against the provisional amount of goodwill recognised. Due to the acquisition, the numbers of the current period are not comparable to the previous periods disclosed. n11.tPrevious period figures have been regrouped/reclassified, wherever necessary to conform to the current period classification. n n 2019-01-01 2019-06-30 Unaudited Standalone 11834720000.00 213130000.00 12047850000.00 6499750000.00 0.00 46310000.00 1397910000.00 83040000.00 359280000.00 2563440000.00 10949730000.00 1098120000.00 0.00 1098120000.00 393760000.00 1570000.00 395330000.00 0.00 702790000.00 0.00 0.00 0.00 0.00 702790000.00 0.00 702790000.00 0.00 0.00 3789990000.00 10 1.86 1.85 0.00 0.00 1.86 1.85 Other Expenses 1199250000.00 Other Expenses 2563440000.00 0.00 0.00 0.00