5325272022-04-012022-06-305325272022-04-012022-06-30in-bse-fin:OtherExpenses1Member5325272022-04-012022-06-30in-bse-fin:OtherExpenses2Member5325272022-04-012022-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares532527RKFORGENAINE399G01023RAMKRISHNA FORGINGS LTDEquity2022-04-012023-03-312022-07-212022-06-29INRLakhsFirst quarterSingle segmentFORGING COMPONENTS2022-07-2112:00:002022-07-2114:00:00Not applicable2022-04-012022-06-30UnauditedStandalone65074590006603000651406200036344570000-704320000356125000256882000470755000178424100057981400007159220000715922000268840000-25502000243338000047258400000004725840007270004733110000031977900022.962.96002.962.961. The above unaudited standalone Ind AS financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Company at their respective meetings held on July 20, 2022 and July 21, 2022 respectively. The Statutory Auditors have carried out a limited review of the financial results. <BR> 2. The Board of Directors of the Company has recommended an interim dividend of Re. 0.50 per shares on Equity Shares of Rs. 2/- each. <BR> 3. The figures of three months ended March 31, 2022 are the balancing figures between the audited figures in respect of the full financial year ended March 31, 2022 and the unaudited published year-to-date figures for nine months up to December 31, 2021 which were subjected to limited review. <BR> 4. Pursuant to the Special Resolution passed by the Shareholders of the Company by way of Postal Ballot through electronic means, the Company has sub-divided its equity share of face value Rs. 10/- (Rs. Ten only) each fully paid up, into 5 (five) equity shares of face value Rs. 2/- (Rs Two only) each fully paid-up, effective from March 15, 2022, This has been considered for calculating weighted average number of equity shares for all periods presented, as per Ind AS 33-Earnings Per Share. <BR> 5. The Company manufactures “Forging components” and the management reviews the performance of the Company as a single operating segment in accordance with Ind AS-108 "Operating Segments" notified pursuant to the Companies (Indian Accounting Standards) Rules, 2015. Accordingly, no separate segment information has been furnished herewith. <BR> 6. The Company has not yet exercised the option permitted under Section 115BAA of the Income-tax Act, 1961 as introduced by the Taxation Laws (Amendment) Ordinance, 2019. However, the Company expects to be in lower tax regime after financial year 2023-2024 and accordingly the Deferred Tax Liabilities (net) have been re-measured. Consequently, tax expense for the current quarter ended June 30, 2022 includes a credit of Rs. 104.51 lakhs (tax expense for the last quarter and year ended March 31, 2022 includes a credit of Rs. 2,745.61 lakhs and Rs. 2,307.41 lakhs respectively towards reversal of deferred tax liabilities). <BR> 7. The Code on Social Security, 2020 (‘Code’) relating to employee benefits during employment and post-employment benefits received Presidential assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code will come into effect has not been notified and the final rules/interpretation have not yet been issued. The Company will assess the impact of the Code when it comes into effect and will record any related impact in the period the Code becomes effective. <BR> 8. The figures for the corresponding previous periods / year have been the regrouped/reclassified wherever necessary to confirm to current period's presentation. Power and Fuel458469000Other Expenses1325772000Items that will not be reclassified to statement of profit & loss in subsequent periods111800011180003910000