5004932022-04-012022-06-305004932022-04-012022-06-30in-bse-fin:OtherExpenses1Member5004932022-04-012022-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15004932022-04-012022-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25004932022-04-012022-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss3iso4217:INRxbrli:pureiso4217:INRxbrli:shares500493BHARATFORGNAINE465A01025BHARAT FORGE LIMITEDEquity2022-04-012023-03-312022-08-112022-07-28INRMillionsFirst quarterSingle segmentForging2022-08-1111:00:002022-08-1112:30:00Not applicable2022-04-012022-06-30UnauditedStandalone175939000002593700001785327000078160100000-543850000135654000026340000010643600004614390000145708500003282420000-304900003251930000883770000-684200008153500000243658000000002436580000-60215000018344300000093127000025.2335.233005.2335.2330.00590.03040- The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on August 11, 2022. <BR> - The figures pertaining to quarter ended March 31, 2022 are the derived figures between the audited amounts for the year ended March 31, 2022 and unaudited amounts published for the nine months period ended December 31, 2021. Also refer note 12 <BR> - On July 28, 2022, the Company has declared a Voluntary Retirement Scheme (VRS) for its employees. The scheme would be open till August 20, 2022. <BR> - On July 25, 2022, Kalyani Powertrain Limited (KPL), a wholly owned subsidiary of the Company, incorporated Electroforge Limited (EFL) as a wholly owned subsidiary. EFL has been incorporated to undertake the e-mobility related activities to cater to the EV initiatives and business of the Company. <BR> - On July 27, 2022, BF Infrastructure Limited, a wholly-owned subsidiary of the Company and Talgo India Private Limited, a wholly-owned subsidiary of Patentes Talgo S.L. Spain, have entered into a binding agreement to set-up a joint venture which will engage into manufacturing high speed passenger trains. <BR> - On April 19, 2022, the Company issued 2,000 5.80% listed, rated, unsecured, redeemable, non-convertible debentures having face value of Rs 1.00 million each aggregating to Rs 2,000 million on private placement basis. <BR> - The consolidated financial results include a period of 6 months and 15 months pertaining to certain foreign components for the quarter and year ended March 31, 2022 respectively. Refer note 14 for further information.The statutory financial reporting period of the Holding Company for standalone and consolidated financial results is April 01 to March 31. For certain foreign components (refer note 14), the reporting period till December 31, 2021 was January 01 to December 31 ("non-coterminous period"). The Board of Directors of the Holding Company considered the above and in the previous year decided to align the accounting periods for consolidation purposes of all the subsidiaries, associates and joint ventures for better presentation of operating performance of the Group. As a result, the accounting year of those foreign components have been aligned with that of the Holding Company in the previous year. Consequently, the financial results of these components were prepared for 15 months from January 1, 2021 to March 31, 2022 for the previous year and 6 months from October 1, 2021 to March 31, 2022 for the previous quarter. Accordingly, the current quarter's figures are not comparable to those of the previous quarter ended March 31, 2022 and year ended March 31, 2022. Other expenses4614390000Re-measurement gains on defined benefit plans18540000Net gain on FVTOCI equity securities-113470000Net movement on cash flow hedges-688910000-783840000-1816900000