MAHINDCIE2020-01-012020-03-31in-bse-fin:OneOperatingExpenses01Member MAHINDCIE2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue01Member MAHINDCIE2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue02Member MAHINDCIE2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults01Member MAHINDCIE2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults02Member MAHINDCIE2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets01Member MAHINDCIE2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets02Member MAHINDCIE2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities01Member MAHINDCIE2020-03-31in-bse-fin:OneReportableSegmentLiabilities01Member MAHINDCIE2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities02Member MAHINDCIE2020-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares MAHINDCIE 2020-01-01 2020-12-31 2020-04-16 INR Millions First quarter Geographical 2020-01-01 2020-03-31 Unaudited Consolidated 16627049000.00 48875000.00 16675924000.00 7461101000.00 0.00 167504000.00 3144969000.00 600391000.00 815274000.00 4031413000.00 16220652000.00 455272000.00 0.00 455272000.00 193610000.00 53808000.00 247418000.00 0.00 207854000.00 0.00 0.00 0.00 0.00 207854000.00 592000000.00 799854000.00 0.00 0.00 0.00 0.00 3790107000.00 10 0.55 0.55 0.00 0.00 0.55 0.55 0.00 0.00 0.00 1.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 n2.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 April 23, 2020. n n3.Provision for Voluntary Retirement Scheme in Bill Forge Division Rs.(68) Mio n n4.The Company acquired 100% equity shares of Aurangabad Electricals Limited (AEL) on April 9, 2019. Hence, the consolidated numbers for the quarter ended March 31, 2019 does not include the amounts of AEL. Accordingly, the consolidated numbers for the current quarter are not comparable to the March 2019 quarter. n n5.The company has adopted Ind AS 116 Leases effective January 1, 2020 (transition date), which applies to all lease contracts existing on transition date using the simplified approach. On the transition date, the adoption of the new standard resulted in recognition of Right-of-Use (RoU) and equivalent lease liability of INR 685 million and INR 2,933 million in the standalone and consolidated books of accounts respectively. The effect of this adoption on the profit for the period and the earnings per share is not significant and has been appropriately dealt in these results. n n6.Since December 2019, COVID-19, a new strain of Coronavirus, has spread globally, including India. This event significantly affects economic activity worldwide and, as a result, could affect the operations and results of the Group. The impact of the Coronavirus on our business will depend on future developments that cannot be reliably predicted, including actions to contain or treat the disease and mitigate its impact on the economies of the affected countries, among others. nThe impact of global health pandemic might be different from that estimated as at the date of approval of these financial results and the Company will closely monitor any material changes to future economic conditions. n n7.The Consolidated and Standalone results for the quarter ended December 31, 2019 are the derived figures between the audited figures for the year ended December 31, 2019 and restated figures for the period upto September 30, 2019. These figures have been approved by the Board of Directors, but have not been subjected to review / audit by the auditors. n n8.Finance costs in consolidated financial results of the Company for the quarter ended March 31, 2020 includes foreign exchange loss of INR 454 million incurred by company's subsidiary, Bill Forge Mexico S. A. de. C V. This loss is due to devaluation of Mexican Peso against USD and on restatement of foreign currency loan taken from the group company, at the closing exchange rate as at March 31, 2020. n n9.The consolidated net profit of the Company also includes net profit of it's associate companies which is not material. Other expenses 4031413000.00 Europe 8807880000.00 India 7951680000.00 16759560000.00 132510000.00 16627050000.00 Europe 527700000.00 India 527960000.00 1055660000.00 600390000.00 455270000.00 Europe 42892050000.00 India 46852060000.00 89744110000.00 Europe 27322210000.00 India 15302030000.00 42624240000.00