TIMKEN2020-10-012020-12-31in-bse-fin:OneOperatingExpenses01Member TIMKEN2020-10-012020-12-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares TIMKEN 2020-04-01 2021-03-31 2021-01-27 INR Lakhs Third quarter Single segment Bearings and Components 2020-10-01 2020-12-31 Unaudited Standalone 3835700000.00 18100000.00 3853800000.00 1309100000.00 1242600000.00 -403700000.00 298700000.00 2900000.00 187600000.00 718300000.00 3355500000.00 498300000.00 0.00 498300000.00 136200000.00 -9700000.00 126500000.00 0.00 371800000.00 0.00 0.00 0.00 0.00 371800000.00 -6100000.00 365700000.00 0.00 0.00 752100000.00 10 4.94 4.94 0.00 0.00 4.94 4.94 (1) The above Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 12 February, 2021. n n(2) The Statement has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 Interim financial Reporting , prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder and in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. n n(3) The Company has only one reportable primary segment, viz. 'Bearings and Components'. Accordingly, no separate disclosure of segment information has been made. n n(4) Operations of the Company were impacted during the quarter ended June 30,2020 due to lockdown and other measures imposed by the Government in view of COVID 19 pandemic. Post lockdown, the Company has resumed operations in a phased manner, in line with directives issued from the authorities, maintaining all the precautions and the operations are gradually coming back to normal, though challenges exist. The Company has evaluated the impact of COVID-19 pandemic in assessing the recoverability of property plant and equipment (including capital work in progress), goodwill, intangibles, inventories and receivables based on its review of current indicators of future economic conditions. Based on such assessment, the Company expects to recover carrying values of such assets. The impact of COVID-19 on the Company’s financial results may differ from that estimated as at the date of approval of these statements. The Company will continue to monitor any material changes to future economic conditions affecting the business arising out of COVID 19 situation. n n(5) The Code on Wages, 2019 and Code on Social Security, 2020 ( the Codes ) relating to employee compensation and post-employment benefits that received Presidential assent have not been notified. Further, the related rules for quantifying the financial impact have not been notified. The Company will assess the impact of the Codes when the rules are notified and will record any related impact in the period the Codes nbecomes effective. n n(6) Previous period's figures have been regrouped / rearranged where necessary to conform to current period's classification. Single segment 2020-04-01 2020-12-31 Unaudited Standalone 9360300000.00 118200000.00 9478500000.00 3207300000.00 2640300000.00 -711500000.00 864200000.00 8600000.00 554100000.00 1711600000.00 8274600000.00 1203900000.00 0.00 1203900000.00 346000000.00 -44500000.00 301500000.00 0.00 902400000.00 0.00 0.00 0.00 0.00 902400000.00 -16400000.00 886000000.00 0.00 0.00 752100000.00 10 12.00 12.00 0.00 0.00 12.00 12.00 Other Expenses 718300000.00 Other Expenses 1711600000.00