MAHINDCIE2019-04-012019-06-30in-bse-fin:OneOperatingExpenses01Member MAHINDCIE2019-04-012019-06-30in-bse-fin:FourOperatingExpenses01Member MAHINDCIE2019-04-012019-06-30in-bse-fin:OneReportableSegmentRevenue01Member MAHINDCIE2019-04-012019-06-30in-bse-fin:OneReportableSegmentRevenue02Member MAHINDCIE2019-04-012019-06-30in-bse-fin:FourReportableSegmentRevenue01Member MAHINDCIE2019-04-012019-06-30in-bse-fin:FourReportableSegmentRevenue02Member MAHINDCIE2019-04-012019-06-30in-bse-fin:OneReportableSegmentResults01Member MAHINDCIE2019-04-012019-06-30in-bse-fin:OneReportableSegmentResults02Member MAHINDCIE2019-04-012019-06-30in-bse-fin:FourReportableSegmentResults01Member MAHINDCIE2019-04-012019-06-30in-bse-fin:FourReportableSegmentResults02Member MAHINDCIE2019-04-012019-06-30in-bse-fin:OneReportableSegmentAssets01Member MAHINDCIE2019-04-012019-06-30in-bse-fin:OneReportableSegmentAssets02Member MAHINDCIE2019-04-012019-06-30in-bse-fin:OneReportableSegmentLiabilities01Member MAHINDCIE2019-06-30in-bse-fin:OneReportableSegmentLiabilities01Member MAHINDCIE2019-04-012019-06-30in-bse-fin:OneReportableSegmentLiabilities02Member MAHINDCIE2019-06-30in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares MAHINDCIE 2019-01-01 2019-12-31 2019-06-28 INR Millions Half yearly Geographical 2019-04-01 2019-06-30 Unaudited Consolidated 21419930000.00 77670000.00 21497600000.00 10004030000.00 0.00 -140980000.00 3647990000.00 115410000.00 843990000.00 5292750000.00 19763190000.00 1734410000.00 0.00 1734410000.00 455630000.00 16540000.00 472170000.00 0.00 1262240000.00 0.00 0.00 0.00 0.00 1262240000.00 -271450000.00 990790000.00 0.00 0.00 3789990000.00 10 3.33 3.33 0.00 0.00 3.33 3.33 1. The 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. In September 2018, the Board of Directors of Mahindra CIE Automotive Limited decided to dispose off the forging business in the United Kingdom, corresponding to the company Stokes Group Limited. Due to that decision, the company has discontinued the operations of Stokes Group Limited, classifying them as a disposal group, and reclassifying the profit and loss account of the Company to results from discontinued operations in its consolidated result n n3. The 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) n n5. Ind 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. The 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. In 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 n n8. The consolidated net profit of the company also includes net profit of it's associates which is not material. n n9. The consolidated financial results of the company for the quarter and six months ended June 30, 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 n10. Previous period figures have been regrouped/reclassified, wherever necessary to conform to the current period classification 2019-01-01 2019-06-30 Unaudited Consolidated 43163840000.00 226090000.00 43389930000.00 20179370000.00 0.00 -171350000.00 7207340000.00 218340000.00 1584420000.00 10506990000.00 39525110000.00 3864820000.00 0.00 3864820000.00 1059450000.00 5940000.00 1065390000.00 0.00 2799430000.00 -13030000.00 0.00 -13030000.00 0.00 2786400000.00 -503530000.00 2282870000.00 0.00 0.00 3789990000.00 10 7.39 7.39 -0.03 -0.03 7.36 7.36 Other Expenses 5292750000.00 Other Expenses 10506990000.00 Europe 11734040000.00 India 9734930000.00 Europe 25059040000.00 India 18258840000.00 21468970000.00 43317880000.00 47720000.00 153040000.00 21421250000.00 43164840000.00 Europe 1054970000.00 India 794850000.00 Europe 2296230000.00 India 1786770000.00 1849820000.00 4083000000.00 115410000.00 218340000.00 1734410000.00 3864660000.00 Europe 42098190000.00 India 49265120000.00 91363310000.00 Europe 26725280000.00 India 19565210000.00 46290490000.00 1. Segment information is exclusive of Discontinued operations n2. India includes Mexico operations which are currently not significant