KIRLOSENG2021-01-012021-03-31in-bse-fin:OneOperatingExpenses01Member KIRLOSENG2021-01-012021-03-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares KIRLOSENG 2020-04-01 2021-03-31 2021-05-03 INR Crores Yearly true Cash Flow Indirect Single segment Engine 2021-01-01 2021-03-31 Audited Standalone 9145800000.00 81400000.00 9227200000.00 4243100000.00 1845800000.00 -163600000.00 567200000.00 13200000.00 170400000.00 1478600000.00 8154700000.00 1072500000.00 -83700000.00 988800000.00 234200000.00 27600000.00 261800000.00 0.00 727000000.00 0.00 0.00 0.00 0.00 727000000.00 37900000.00 764900000.00 0.00 0.00 289200000.00 2 5.03 5.03 0.00 0.00 5.03 5.03 Notes- 1. The Company operates in single reportable segment namely 'Engines'. 2. The above statement has been prepared in accordance with The Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under section 133 of The Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 3. During the quarter ended 31st March 2021, the Company invested towards the last call of Rs. 45.39 Crores of Rights Issue for equity shares of Arka Fincap Limited. With this the total approved investment of Rs. 124.82 Crores in Financial Year 2020-21 is completed. Further the Company also invested in 8% cumulative redeemable preference shares of La-Gajjar Machineries Private Limited of Rs. 8.5 Crores on right issue basis. 4. The members of the Company in the Annual General Meeting held on 9th August 2019 approved Employee Stock Option Plans (ESOP) for issue of maximum 14,00,000 employee stock options ( Options ) representing 14,00,000 Equity shares of Rs. 2/- each. Pursuant to authority delegated by the Board of Directors and members of the Company, the Nomination and Remuneration Committee, in its meeting held on 5th March 2021 has approved the grant of 9,40,000 Options to eligible employees of the Company. 5. During the quarter, the Company has implemented Voluntary Retirement Scheme 2021 (the VRS Scheme) for its workers. The total VRS compensation amounting to Rs 8.37 Crores is charged to Profit and Loss statement under the head Exceptional Item of Expenses . (Previous Year: The Exceptional Item of Income of Rs. 16.49 Crores represents profit on sale of property situated at MIDC Industrial Estate, Nagapur, Ahmednagar, Maharashtra). 6. The Company has considered the possible effects that may result from COVID-19 in the preparation of these financial results including recovering of carrying amounts of financial and non-financial assets. In developing the assumptions relating to the possible future uncertainties in the global economic conditions because of COVID- 19, the Company has at the date of approval of financial results, used internal and external sources of information and expects that the carrying amount of the assets will be recovered. The impact of COVID-19 on the Company’s financial results may differ from that estimated as at the date of approval of the same. 7. The figures for the quarter ended 31st March 2021 are balancing figures between audited figures in respect of full financial year ended 31st March 2021 and the published year to date figures upto the third quarter ended 31st December 2020, which have been regrouped / rearranged wherever necessary. Further the figures for the previous periods have been regrouped wherever required to make them comparable with those of the current period. 8. The results for the quarter and year ended 31st March 2021 are reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 13th May 2021. 9. During the quarter, the Board at its meeting held on 5th March 2021 had declared an Interim Dividend of Rs. 1.5/- (75%) per equity share of Rs. 2/- each for the year ended 31st March 2021, which was paid to all the eligible shareholders on 31st March 2021. Further the Board of Directors has recommended a Final Dividend of Rs. 2.5/- (125%) per equity share of Rs 2/- each. Single segment 2020-04-01 2021-03-31 Audited Standalone 26944400000.00 259600000.00 27204000000.00 11772700000.00 5256400000.00 402200000.00 1988700000.00 63600000.00 621500000.00 4701200000.00 24806300000.00 2397700000.00 -83700000.00 2314000000.00 558600000.00 58000000.00 616600000.00 0.00 1697400000.00 0.00 0.00 0.00 0.00 1697400000.00 45700000.00 1743100000.00 0.00 0.00 289200000.00 2 19542300000.00 11.74 11.74 0.00 0.00 11.74 11.74 Other Expenses 1478600000.00 Other Expenses 4701200000.00 63600000.00 332200000.00 109200000.00 0.00 237000000.00 0.00 0.00 0.00 0.00 1888300000.00 0.00 83300000.00 0.00 621500000.00 0.00 0.00 0.00 0.00 0.00 -24200000.00 0.00 54100000.00 2900000.00 -137200000.00 0.00 0.00 0.00 150400000.00 0.00 3272900000.00 5586900000.00 0.00 0.00 0.00 323500000.00 0.00 5263400000.00 0.00 1333200000.00 0.00 2854800000.00 0.00 0.00 0.00 0.00 9600000.00 1292000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 17700000.00 0.00 0.00 0.00 -5452700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2776900000.00 2152600000.00 12400000.00 0.00 216900000.00 61800000.00 0.00 0.00 333200000.00 143900000.00 0.00 143900000.00 28900000.00 172800000.00