BALKRISIND2020-01-012020-03-31in-bse-fin:OneOperatingExpenses01Member BALKRISIND2020-01-012020-03-31in-bse-fin:FourOperatingExpenses01Member BALKRISIND2020-01-012020-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member BALKRISIND2020-01-012020-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member BALKRISIND2020-01-012020-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member BALKRISIND2020-01-012020-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares BALKRISIND 2019-04-01 2020-03-31 2020-06-15 INR Lakhs Yearly Single segment Manufacturing of Pneumatic Tyres 2020-01-01 2020-03-31 Audited Standalone 13573200000.00 663700000.00 14236900000.00 5035500000.00 150300000.00 863500000.00 754400000.00 18900000.00 982600000.00 3044000000.00 10849200000.00 3387700000.00 0.00 3387700000.00 926500000.00 -111800000.00 814700000.00 0.00 2573000000.00 0.00 0.00 0.00 0.00 2573000000.00 -512400000.00 2060600000.00 0.00 0.00 386600000.00 2 13.31 13.31 0.00 0.00 13.31 13.31 1.The above audited results as reviewed by the Audit Committee have been approved by the Board of Directors at its meeting held on 20th June, 2020. n n2. The Company has only one reportable business segment as per Ind AS-108, i.e Tires. n n3. The Other Income includes net Foreign exchange Gain/(Loss) as under: As attached n n4.The outbreak of Corona Virus Pandemic (Covid-19) started in December 2019 and spread across the globe thereafter. The impact of it was felt in India during March 2020 which forced the Government to put several restrictions including complete lockdown effective 25th March 2020 till 20th April 2020. As a result, the operations of the Company including production, sales and other activities remained suspended for eight days during current financial year. The Company is closely monitoring the impact due to Covid-19 on various aspects of its business including its customers / vendors / employees and other business partners. nThe Company has made a detailed assessment of its liquidity position for the Financial Year 2020-2021 including recoverability and carrying value of its assets comprising all fixed assets as well as current assets including land and building, plant and machinery, investments, inventories, trade receivables etc.Based on current indicators of future economic condition, the Company expects to recover the carrying amounts of these assets. The current situation is very dynamic entailing lot of uncertainties about the extent and timing of the potential future impact on the Company’s business operations. The Company will continue to monitor closely any material changes to future economic condition of its business operations. n n5. The Company has declared and paid interim dividends of Rs. 20 (1000%) per equity share of Rs. 2 each. The cash outgo on account of Interim Dividends and Dividend Tax was Rs. 466.11 crores . In absence of final dividend, the last interim dividend of Rs.16 (800%) per equity share of Rs.2/- each should be considered as final dividend. n ttttttttttt n6. Tax expenses for the year under consideration have been computed as per Taxation Laws Amendment Ordinance 2019 as applicable to the Company. n n7. The Company has adopted lnd AS-116 'Leases' effective 1st April, 2019 as notified by the Ministry of Corporate Affairs (MCA) and applied the Standard to its leases.This has resulted in recognising a Right-of-Use Asset and a corresponding Lease Liability. The effect of this adoption on the profit for the current quarter is not material. n ttttttttttt n8. The figures of quarter ended 31st March,2020 and 31st March,2019 are the balancing figures between the audited figures of the full financial year and published year to date figures upto the third quarter of the respective financial year. n n9. The second phase of carbon black project of 80,000 MTPA was commissioned on 12th March 2020. The Green field Tire project at Waluj and other capital expenditure at Bhuj Plant of the Company were temporarily suspended due to COVID 19 Pandemic which were then resumed after lockdown was lifted. The Company is trying to complete all these projects as per schedule i.e. before 31st March 2021 but could be delayed by one quarter provided there is no further lockdown or any unforeseen circumstances. n n10. Previous period's/year's figures have been regrouped/reclassified wherever necessary. Single segment 2019-04-01 2020-03-31 Audited Standalone 47824900000.00 2487700000.00 50312600000.00 20232100000.00 547700000.00 488100000.00 2858200000.00 72700000.00 3680100000.00 11205300000.00 39084200000.00 11228400000.00 0.00 11228400000.00 2923000000.00 -1144400000.00 1778600000.00 0.00 9449800000.00 0.00 0.00 0.00 0.00 9449800000.00 -828700000.00 8621100000.00 0.00 0.00 386600000.00 2 49894400000.00 48.88 48.88 0.00 0.00 48.88 48.88 Other Expenses 3044000000.00 Other Expenses 11205300000.00