AIAENG2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member AIAENG2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member AIAENG2019-10-012019-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member AIAENG2019-10-012019-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member AIAENG2019-10-012019-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member AIAENG2019-10-012019-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares AIAENG 2019-04-01 2020-03-31 2020-01-16 INR Lakhs Third quarter Single segment Manufacturing of High Chrome Mill Internals 2019-10-01 2019-12-31 Unaudited Consolidated 6940879000.00 459799000.00 7400678000.00 2690347000.00 0.00 -358534000.00 336722000.00 12695000.00 251915000.00 2543767000.00 5476912000.00 1923766000.00 0.00 1923766000.00 391779000.00 -31609000.00 360170000.00 0.00 1563596000.00 0.00 0.00 0.00 0.00 1563596000.00 -104416000.00 1459180000.00 1560904000.00 2692000.00 1456458000.00 2722000.00 188641000.00 2 16.55 16.55 0.00 0.00 16.55 16.55 Notes:(i) The above unaudited consolidated financial results for the quarter and nine months ended 31 December 2019 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on 31 January 2020. These unaudited consolidated financial results are subjected to Limited Review by the statutory auditors of the Company. The statutory auditors have expressed an unmodified conclusion. n (ii) The unaudited consolidated 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(iii) The unaudited consolidated financial results comprises of the results / financial information of the Holding Company, i.e., AIA Engineering Limited, and its subsidiaries namely - Welcast Steels Limited - India, AIA CSR Foundation - India, Vega Industries (Middle East) F.Z.C. - U.A.E., Vega Industries Limited - U.K., Vega Industries Limited - U.S.A., Vega Steel Industries (RSA) (PTY.) Limited - South Africa, Wuxi Vega Trade Co., Limited - China, PT. Vega Industries Indonesia - Indonesia, Vega Industries Chile SPA - Chile, AIA Ghana Limited - Ghana and Vega Industries Australia Pty. Ltd. - Australia. n(iv) Effective 1 April 2019, the group has adopted Ind AS 116 - Leases using modified retrospective approach. On account of such adoption of the new standard, the group 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 group. nv) The Company has decided to exercise the option permitted under Section 115BAA of the Income Tax Act, 1961 as introduced by the Taxation Laws (Amendment) Ordinance, 2019 from the current financial year. Accordingly, the provision for income tax and deferred tax balances have been recorded / remeasured using the new tax rate and the resultant impact is recognised in the previous quarter's financial results. Pursuant to the selection of this option, the Company has reversed deferred tax liabilities amounting to Rs. 2,066.17 lakhs due to reduction in corporate tax rate during previous quarter. nWelcast Steels Limited, the subsidiary of the Company has decided to exercise the option permitted under Section 115BAA of the Income tax Act, 1961 as introduced by the Taxation Laws (Amendment) Ordinance, 2019 from the current financial year. Accordingly, the provision for income tax and deferred tax balances have been recorded / remeasured using the new tax rate and the resultant impact is recognised in the previous quarter's financial results which is not material to the unaudited consolidated financial results of the group. n(vi) The group has only one reportable primary business segment as per Ind AS 108 - Operating Segments , i.e., Manufacturing of High Chrome Mill Internals. 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. Single segment 2019-04-01 2019-12-31 Unaudited Consolidated 21239433000.00 1126958000.00 22366391000.00 8209096000.00 0.00 -229837000.00 1000240000.00 42238000.00 710272000.00 7304605000.00 17036614000.00 5329777000.00 0.00 5329777000.00 1013922000.00 -163124000.00 850798000.00 0.00 4478979000.00 0.00 0.00 0.00 0.00 4478979000.00 -247674000.00 4231305000.00 4487325000.00 -8346000.00 4239577000.00 -8272000.00 188641000.00 2 47.58 47.58 0.00 0.00 47.58 47.58 Other Expenses 2543767000.00 Other Expenses 7304605000.00