JKCEMENT2021-04-012021-06-30in-bse-fin:OneOperatingExpenses01Member JKCEMENT2021-04-012021-06-30in-bse-fin:OneOperatingExpenses02Member JKCEMENT2021-04-012021-06-30in-bse-fin:OneOperatingExpenses03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares JKCEMENT 2021-04-01 2022-03-31 2021-07-19 INR Lakhs First quarter Single segment Cement and cement related products 2021-04-01 2021-06-30 Unaudited Standalone 16336911000.00 272720000.00 16609631000.00 2490276000.00 162643000.00 -249474000.00 1237972000.00 559907000.00 656980000.00 8699571000.00 13557875000.00 3051756000.00 0.00 3051756000.00 727330000.00 241805000.00 969135000.00 0.00 2082621000.00 0.00 0.00 0.00 0.00 2082621000.00 3412000.00 2086033000.00 0.00 0.00 772683000.00 10 26.95 26.95 0.00 0.00 26.95 26.95 1.These standalone Financial results have been prepared in accordance with recognition and measurement principles of Indian Accounting Standards (Ind-AS) as prescribed under section 133 of Companies Act 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2015, as amended. 2.The above unaudited standalone financial results of the Company for the quarter ended June 30,2021 have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 14,2021 .The statutory auditors have conducted limited review of the same, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The figures for the last quarter ended March 31, 2021 are the balancing figures of the full financial year and unaudited published figures upto the third quarter of the financial year. 3.The Company is engaged ln one business segment only i.e. cement and cement related products. 4(i). Competition Commission of India (CCI) vide its order dated August 31, 2016 imposed a penalty of Rs.12,854 lacs on the Company. The appeal was heard whereupon National Company Law Appellate Tribunal (NCLAT) vide order dated July 25, 2018 upheld CCI's order. The Company has filed statutory appeal before the Hon'ble Supreme Court, which vide its order dated October 5, 2018 has admitted the appeal and directed that the interim order of stay passed by the tribunal in this matter will continue for the time being. The Company, backed by legal opinion, believes that it has a good case and accordingly no provision has been considered in the books of accounts. 4(ii).in a separate matter, CCl imposed penalty of Rs 928 lacs vide order dated January 19,207 for alleged contravention of provisions of Competition Act, 2002 by the Company. On Company's appeal, NCLAT has stayed the operation of CCI's order. The matter is pending for hearing before NCLAT. The Company, backed by legal opinion, believes it has a good case and accordingly no provision has been considered in the books of accounts. 5.The Company has considered the possible effects that may arise out of the still unfolding COVID-19 pandemic on the carrying amounts of property, plant & equipment, investments, trade receivables, etc. For this purpose, the Company has considered internal and external sources of information up to the date of approval of the Standalone Financial Results. Based on the current estimates, the Company does not expect any significant impact on such carrying values. The impact of COVID-19 on the Company's financial results may differ from that estimated as at the date of approval of Standalone Financial Results. 6.J.K. Cement Works (Fujairah) FZC is including losses for the past several years since its incorporation and its net worth has been significantly eroded. During the previous quarter and year end March 31, 2021 based on business valuation of J,K. Cement Works (Fujairah) FZC (Subsidiary of J.K. Cement (Fujairah) FZC ) by an independent external valuer, the company had recognised provision towards diminution of carrying amount of investment in J. K, Cement (Fujairah) FZC of Rs.16,686.50 lacs. The amount of Rs.16,686.50 lacs was disclosed as an exceptional item in the audited financial results for the quarter and year ended March 31st, 2021 7.The Board of Directors at their meeting held on August 14,2021 had approved a scheme of amalgamation under Sections 230 lo 232 read with other applicable provisions of the Companies Act 2013, involving amalgamation of Jaykaycem (Central) Ltd ('wholly owned subsidiary company') with JK Cement . Ltd with effect from the Appointed Date of April 1, 2021.the Scheme is subject to necessary approvals, including sanction of the Scheme by the Hon’ble National Company Law Tribunal, Allahabad Bench. 8.The Figure for the corresponding previous periods have been regrouped / reclassified wherever necessary, to make them comparable. Freight and forwarding 3345535000.00 Other Expenses 2364735000.00 Power and fuel 2989301000.00