GRAVITA2021-04-012021-06-30in-bse-fin:OneOperatingExpenses01Member GRAVITA2021-04-012021-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GRAVITA2021-04-012021-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares GRAVITA 2021-04-01 2022-03-31 2021-07-23 INR Crores First quarter false Single segment Lead 2021-04-01 2021-06-30 Unaudited Standalone 3942800000.00 25500000.00 3968300000.00 2934100000.00 445900000.00 62700000.00 136900000.00 47700000.00 21000000.00 220600000.00 3868900000.00 99400000.00 0.00 99400000.00 17100000.00 -1200000.00 15900000.00 0.00 83500000.00 0.00 0.00 0.00 0.00 83500000.00 -5600000.00 77900000.00 0.00 0.00 138100000.00 2 1.21 1.21 0.00 0.00 1.21 1.21 1.The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their respective meeting held on July 30, 2021. The limited review, as required under regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 has been completed by the Statutory Auditors. These financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards ('Ind AS') notified under the Companies (Indian Accounting Standards) Rules, 2015, as amended, as specified in section 133 of the Companies Act, 2013. 2.Gravita Employee Welfare Trust [a trust set up for administration of Stock Appreciation Rights Scheme 2017 of the Company] holds 1,380,500 equity shares (of Face Value of Rs. 2 Each) of the Company as of June 30, 2021 3.Segment information has been provided under the notes forming part of the consolidated unaudited results for the quarter ended June 30, 2021 as per para 4 of Indian Accounting Standard (Ind AS) 108 “Operating Segments”, specified under Section 133 of the Companies Act, 2013. 4.Finance costs include exchange differences arising from foreign currency borrowings to the extent that they are regarded as an adjustment to interest costs. 5.The figures for the preceding quarter ended March 31, 2021, as reported in these financial results, are the balancing figure between audited figures in respect of the full financial year ended March 31, 2021 and the reviewed year to date published unaudited figures upto the end of third quarter of that financial year. 6.During the quarter, many state governments have announced lock down like restrictions due to 2nd wave of Covid-19. For the quarter ended June 30 2021 , the management has assessed the impact of COVID-19 on its operations as wall as financial results and considered the possible effects that may result from the pandemic on the recoverability/ carrying value of the assets , which does not have any significant impact on carrying value of its assets. The impact of COVID-19 in the future may be different from that estimated as at the dae of approval of these standalone financial results and the management will continue to closely monitor any material changes to future economic conditions. 7. The figures of the previous period/ year have been regrouped/reclassed to make them comparable with those of current period/ year wherever considered necessary. Other Expenses 220600000.00