AIAENG2020-04-012020-06-30in-bse-fin:OneOperatingExpenses01Member AIAENG2020-04-012020-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member AIAENG2020-04-012020-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares AIAENG 2020-04-01 2021-03-31 2020-07-29 INR Lakhs First quarter Single segment Manufacturing of High Chrome Mill Internals 2020-04-01 2020-06-30 Unaudited Standalone 4908458000.00 598958000.00 5507416000.00 1869736000.00 119463000.00 -1681000.00 247745000.00 12685000.00 244621000.00 1328586000.00 3821155000.00 1686261000.00 0.00 1686261000.00 617691000.00 -186613000.00 431078000.00 0.00 1255183000.00 0.00 0.00 0.00 0.00 1255183000.00 -50953000.00 1204230000.00 0.00 0.00 188641000.00 2 13.31 13.31 0.00 0.00 13.31 13.31 Notes : nI. The above unaudited standalone financial results for the quarter ended 30 June 2020 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on 11 August 2020. This unaudited standalone financial results have been subjected to Limited review by the statutory auditors of the Company. The statutory auditors have expressed an unmodified conclusion. nII. Figures for the 3 months ended 31 March 2020 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. nIII. 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. nIV. The Company had 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 previous 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 during previous financial year. Pursuant to the selection of this option, the Company had reversed deferred tax liabilities amounting to Rs. 2,066.17 lakhs due to reduction in corporate tax rate during previous financial year. nV.The Company has only one reportable primary business segment as per IND AS 108 - Operating Segments , i.e., Manufacturing of High Chrome Mill Internals. nVI. Subsequent to outbreak of COVID-19 Pandemic and consequent lock down across the Country, the Company's Units, which had to suspend operations temporarily, have resumed operations, as per the guidelines and norms prescribed by the Government authorities. The Company continues to monitor the impact of COVID-19 on its business including customers, supply-chain, employees/workers and logistics. The Company has considered internal and external information while evaluating various estimates in relation to its financial results upto the date of its approval by the Board of Directors and has not identified any material impact on the carrying value of assets, liabilities or provisions. The further impact of the COVID-19 Pandemic, if any, may be different from estimated as at the date of approval of these financial results and the Company will continue to closely monitor any material changes to future economic condition. nVII. Figures for the previous period have been regrouped, reclassified and restated wherever necessary to make them comparable with the current period's figures. Other Expenses 1328586000.00