AIAENG2019-04-012019-06-30in-bse-fin:OneOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares AIAENG 2019-04-01 2020-03-31 2019-08-01 INR Lakhs First quarter Single segment Manufacturing of High Chrome Mill Internals 2019-04-01 2019-06-30 Unaudited Standalone 6021573000.00 329190000.00 6350763000.00 2703957000.00 314014000.00 -216493000.00 237038000.00 13454000.00 231521000.00 1820027000.00 5103518000.00 1247245000.00 0.00 1247245000.00 385025000.00 28160000.00 413185000.00 0.00 834060000.00 0.00 0.00 0.00 0.00 834060000.00 -21031000.00 813029000.00 813029000.00 0.00 188641000.00 2 8.84 8.84 0.00 0.00 8.84 8.84 Notes: n n(i) The above unaudited standalone financial results for the Quarter ended 30 June 2019 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on 12 August 2019. These unaudited standalone financial results are subjected to Limited review by the statutory auditors of the Company. The statutory auditors have expressed an unqualified conclusion. n(iiFigures for the 3 months ended 31 March 2019 as reported in this unaudited standalone financial results are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the previous financial year. Also, the figures upto the end of the third quarter of previous financial year had only been reviewed and not subjected to audit. n(iii) The unaudited standalone financial results are prepared in accordance with the Indian Accounting Standards (lnd AS) as prescribed under Section 133 of the Companies Act, 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) (Amendment Rules), 2016. n(iv) Effective 1 April 2019, the Company has adopted Ind AS 116 - Leases using modified retrospective approach. On account of such adoption of the new standard, the Company has recognised right of use asset and a corresponding lease liability. The adoption of the standard did not have any material impact to the profit of the Company. n(v) The Company has only one reportable primary business segment as per Ind AS 108 - Operating Segments , i.e., Manufacturing of High Chrome Mill Internals. n(vi) In 2017, Magotteaux International S.A. started an ICC Arbitration against AIA Engineering Limited, for alleged breach of Settlement Agreement and infringement of patent claiming damages. The Tribunal has passed an award on 2 August 2019 finding that it does not have jurisdiction to hear this dispute, thereby dismissing all claims of Magotteaux. n(vii) Figures for the previous period have been regrouped, reclassified and restated wherever necessary to make them comparable with the current period's figures. n Other Expenses 1820027000.00