5434982022-04-012022-06-305434982022-04-012022-06-30in-bse-fin:OtherExpenses1Member5434982022-04-012022-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares543498MSUMINAINEOFS801015Motherson Sumi Wiring India LimitedEquity2022-04-012023-03-312022-08-052022-07-08INRCroresFirst quarterSingle segmentWiring Harness and its components2022-08-0512:15:002022-08-0513:20:00Not applicable2022-04-012022-06-30UnauditedStandalone167094000007690000016786300000110702000000-22490000027408000006860000027700000010953000001502700000017593000000175930000046230000037400000499700000012596000000000125960000023000000128260000000315790000010.40.4000.40.41. These financial results of the Company have been prepared in accordance with the Indian Accounting Standards (IND AS) as notified by Ministry of Corporate Affairs pursuant to Section 133 of the Companies Act 2013 read with rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 (as amended) and in terms of regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI Circular No. CIR/CFD/CDM1/44/2019 dated March 29, 2019 and other accounting principles generally accepted in India. <BR> <BR> 2. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their meetings held on August 04, 2022 and August 05, 2022 respectively. <BR> <BR> 3. The Chief Operating Decision Maker "CODM" reviews the operations of the Company as a whole, hence there are no reportable segments as per Ind AS 108 "Operating Segments". <BR> <BR> 4. The Hon'ble National Company Law Tribunal, Mumbai Bench (“Hon’ble NCLT”) vide its order dated December 22, 2021 has approved the Composite Scheme of Amalgamation and Arrangement (“the Scheme”) between Samvardhana Motherson International Limited (erstwhile Motherson Sumi Systems Limited) ("SAMIL"), the Company, erstwhile Samvardhana Motherson International Limited and their respective shareholders. The Scheme, among other things, entails demerger of Domestic Wiring Harness (“DWH”) business from SAMIL into the Company. The Company has given effect to the aforesaid demerger as on December 31, 2021 in accordance with the accounting treatment prescribed in the Scheme and relevant accounting standards. <BR> As per the Scheme, 3,157,934,237 equity shares having face value of INR 1/- each were allotted by the Company in the ratio of 1 equity share of the Company of face value INR 1/- each for every 1 equity share of SAMIL of face value INR 1/- each to the shareholders of SAMIL as on January 19, 2022, being the record date fixed by the Company. <BR> <BR> 5. Earnings per share (Basic and Diluted) for the period presented in the financial results are calculated after considering the impact of issuance of equity shares, as stated in note 4 above. <BR> <BR> 6. During the quarter ended March 31, 2022, the Company has accrued for INR 55 crores for its share of expenses in connection with the implementation of the Scheme of arrangement post NCLT approval and amount of INR 10.41 crores being cost allocated by SAMIL. The Company has disclosed such amount which aggregates to Rs 65.41 crores as exceptional expenses. <BR> <BR> 7. The figures of the quarter ended March 31, 2022 are the balancing figures between audited figures in respect of the full financial year and the management certified year to date figures upto the third quarter of the previous year which were not subjected to audit/ limited review. <BR> <BR> 8. The Company’s operations have been impacted partially in the periods presented by the outbreak of COVID-19 pandemic and the consequent lockdown announced by the central and state governments. Accordingly, the figures presented for the different periods in the financial results are not strictly comparable. <BR> <BR> 9. Figures of previous year / periods have been reclassified / regrouped / restated, wherever necessary.Other expenses1095300000Items not to be reclassified to profit / (loss)307000003070000077000000