TIMKEN2021-04-012021-06-30in-bse-fin:OneOperatingExpenses01Member TIMKEN2021-04-012021-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member TIMKEN2021-04-012021-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares TIMKEN 2021-04-01 2022-03-31 2021-07-26 INR Lakhs First quarter Single segment Bearings and allied goods & services 2021-04-01 2021-06-30 Unaudited Standalone 4678500000.00 28800000.00 4707300000.00 1598800000.00 1448000000.00 -451200000.00 347100000.00 4000000.00 198800000.00 808200000.00 3953700000.00 753600000.00 0.00 753600000.00 221000000.00 -34600000.00 186400000.00 0.00 567200000.00 0.00 0.00 0.00 0.00 567200000.00 -13600000.00 553600000.00 0.00 0.00 752200000.00 10 7.54 7.54 0.00 0.00 7.54 7.54 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 August 9, 2021. 2) The Company has only one reportable primary segment, viz. 'Bearings and allied goods & services'. Accordingly, no separate disclosure of segment information has been made. 3) 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. 4) The figures for the quarter ended March 31, 2021 are balancing figures between audited figures in respect of full financial year ended March 31, 2021 and the unaudited published year to date figures upto December 31, 2020, being the end of the third quarter of the financial year, which was subjected to Limited Review by the Statutory Auditors. 5) 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. 6) 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 becomes effective. 7) Previous period's figures have been regrouped / rearranged where necessary to conform to current period's classification. Other Expenses 808200000.00