WABCOINDIA2021-04-012021-06-30in-bse-fin:OneOperatingExpenses01Member WABCOINDIA2021-04-012021-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares WABCOINDIA 2021-04-01 2022-03-31 2021-07-21 INR Lakhs First quarter Single segment Automotive Components and Allied Services 2021-04-01 2021-06-30 Unaudited Standalone 4919171000.00 118975000.00 5038146000.00 3195278000.00 0.00 -30098000.00 745320000.00 5444000.00 226100000.00 587584000.00 4729628000.00 308518000.00 0.00 308518000.00 68043000.00 26636000.00 94679000.00 0.00 213839000.00 0.00 0.00 0.00 0.00 213839000.00 -4865000.00 208974000.00 0.00 0.00 94838000.00 5 11.27 11.27 0.00 0.00 11.27 11.27 Notes : 1. The above financial results for the quarter ended 30 June, 2021 were reviewed by the Audit Committee and upon its recommendation, were approved by the Board of Directors at its meeting held on 28 July, 2021. The above results for the quarter ended 30 June, 2021 have been subjected to a review by the statutory auditor of the Company. 2. The financial results of the Company have been prepared in accordance with the Indian Accounting Standards ( Ind AS ) as prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standard) Rules, 2015, as amended. 3. Revenue from operations include the following Quarter ended Quarter ended Quarter ended Year ended 30.06.2021 31.03.2021 30.06.2020 31.03.2021 Sale of products 44,404.53 66,431.59 11,655.20 166,642.54 Others 4,787.18 4,800.73 4,941.36 19,707.47 Total 49,191.71 71,232.32 16,596.56 186,350.01 4. The Company operates in one segment, namely automotive components and allied services. 5. During the previous year ended 31 March, 2021, management has identified certain instances of alleged irregularities in disbursement / settlement of provident fund dues paid out of the Employees' Provident Fund Trust ('the Trust') and salary payments to fixed-tenure employees in the previous and earlier years. In this regard, the Company had initiated investigation of such alleged irregularities by engaging an independent external expert through a law firm and is also evaluating necessary actions. An amount of INR 500 lakhs has been recognised as provision in the previous year. There has been a significant progress in the investigation and basis that, the management does not expect any incremental financial impact to these results. The investigation is expected to get completed shortly. The auditors have qualified their review report in this regard. 6. The figures of the quarter ended 31 March, 2021 are the balancing figures between audited figures in respect of the full financial year and the published unaudited year to date figures upto the third quarter of the previous financial year which was subjected to a limited review. 7. The figures for the previous period / year, have been regrouped wherever necessary to conform to the current period's / year's classification. Chennai 28th July 2021 Other Expenses 587584000.00