5074102022-04-012022-06-305074102022-06-305074102022-04-012022-06-30in-bse-fin:OtherExpenses1Member5074102022-04-012022-06-30in-bse-fin:OtherExpenses2Member5074102022-04-012022-06-30in-bse-fin:ReportableSegments1Member5074102022-04-012022-06-30in-bse-fin:ReportableSegments2Member5074102022-04-012022-06-30in-bse-fin:ReportableSegments3Member5074102022-04-012022-06-30in-bse-fin:ReportableSegments1Member5074102022-04-012022-06-30in-bse-fin:ReportableSegments2Member5074102022-04-012022-06-30in-bse-fin:ReportableSegments3Member5074102022-04-012022-06-30in-bse-fin:ReportableSegments1Member5074102022-06-30in-bse-fin:ReportableSegments1Member5074102022-04-012022-06-30in-bse-fin:ReportableSegments2Member5074102022-06-30in-bse-fin:ReportableSegments2Member5074102022-04-012022-06-30in-bse-fin:ReportableSegments3Member5074102022-06-30in-bse-fin:ReportableSegments3Member5074102022-04-012022-06-30in-bse-fin:ReportableSegments1Member5074102022-06-30in-bse-fin:ReportableSegments1Member5074102022-04-012022-06-30in-bse-fin:ReportableSegments2Member5074102022-06-30in-bse-fin:ReportableSegments2Member5074102022-04-012022-06-30in-bse-fin:ReportableSegments3Member5074102022-06-30in-bse-fin:ReportableSegments3Member5074102022-04-012022-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15074102022-04-012022-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss2iso4217:INRiso4217:INRxbrli:shares507410WALCHANNAGNAINE711A01022Walchandnagar Industries LimitedEquity2022-04-012023-03-312022-08-022022-07-26INRLakhsFirst quarterMulti segment2022-08-0214:50:002022-08-0216:45:00Not applicable2022-04-012022-06-30UnauditedStandalone648200000497000006979000003867000000-2060000018780000011940000046900000139700000859900000-1620000000-1620000000000-1620000000000-16200000018300000-14370000000761000002-4.26-4.2600-4.26-4.261. The above financial results have been prepared in accordance with Indian Accounting Standard as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 and the Companies (Indian Accounting Standard) Amendment Rules, 2016. <BR> <BR> 2. The above Financial Results have been reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors at its meeting held on 2nd August , 2022. <BR> <BR> 3. The company is engaged in segments namely Heavy Engineering, Foundry and Machine shop and Others. These segments have been reported in a manner consistent with the internal reporting provided to the Chief Operating Decision Maker. <BR> <BR> 4. Inventory includes work in progress of Rs. 2194.21 Lakhs in respect of orders which have been cancelled / put on hold. The Company is of the opinion that no provision is required to be made as on June 30, 2022 as this stock will be either liquidated or diverted to other projects. <BR> <BR> 5. KKRIFSL has assigned entire debts (including loans and NCDs) due from the company along with underlying financial documents together with the lenders rights, benefits and obligations to Assets Care and Reconstruction Enterprise Limited (ACRE) vide assignment agreements dated 13.04.2022 and 18.04.2022, as per the intimation received from ACRE. <BR> <BR> 6. Figures for the previous periods have been regrouped/reclassified where necessary, to confirm to the current period classification.Sub-Contracting Expenses, Processing Charges and Other Direct Costs51700000Other Expenses88000000(a) Heavy Engineering478000000(b) Foundry and Machine Shop122800000(c) Others539000006547000006600000648100000(a) Heavy Engineering-40100000(b) Foundry and Machine Shop2600000(c) Others10600000-2690000011940000015700000-162000000(a) Heavy Engineering8082000000(b) Foundry and Machine Shop538100000(c) Others4676000009087700000195000009107200000(a) Heavy Engineering6307500000(b) Foundry and Machine Shop850500000(c) Others-11560000070424000001442000007186600000(a) Remeasurements of the Defined Benefit Liabilities - gain / (loss)18300000(b) Equity Instruments through Other Comprehensive Income - gain / (loss)01830000000