TIMKEN2021-07-012021-09-30in-bse-fin:OneOperatingExpenses01Member TIMKEN2021-07-012021-09-30in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares TIMKEN 2021-04-01 2022-03-31 2021-10-26 INR Lakhs Half yearly true Cash Flow Indirect Single segment Bearings and allied goods & services 2021-07-01 2021-09-30 Unaudited Standalone 5579400000.00 37700000.00 5617100000.00 1834100000.00 1479300000.00 -205500000.00 349500000.00 3900000.00 204500000.00 884100000.00 4549900000.00 1067200000.00 0.00 1067200000.00 286700000.00 -11400000.00 275300000.00 0.00 791900000.00 0.00 0.00 0.00 0.00 791900000.00 -11700000.00 780200000.00 0.00 0.00 752200000.00 10 10.53 10.53 0.00 0.00 10.53 10.53 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 November 10, 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) During the quarter, the Company has paid final dividend of Rs.1.50/- per equity share to all eligible shareholders as recommended by the Board of Directors at its meeting held on June 18, 2021 and approved by the shareholders at 34th Annual General Meeting held on August 23, 2021. 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) On 24 March 2021, the Ministry of Corporate Affairs (MCA) through a notification, amended Schhedule III of the Companies Act. By virtue of this notification, security deposits are reclassified under other financial assets which was earlier classified as loans. 8) Previous period's figures have been regrouped / rearranged where necessary to conform to current period's classification. Single segment 2021-04-01 2021-09-30 Unaudited Standalone 10257900000.00 66500000.00 10324400000.00 3432900000.00 2927300000.00 -656700000.00 696600000.00 7900000.00 403300000.00 1692300000.00 8503600000.00 1820800000.00 0.00 1820800000.00 507700000.00 -46000000.00 461700000.00 0.00 1359100000.00 0.00 0.00 0.00 0.00 1359100000.00 -25300000.00 1333800000.00 0.00 0.00 752200000.00 10 18.07 18.07 0.00 0.00 18.07 18.07 Other Expenses 884100000.00 Other Expenses 1692300000.00 7900000.00 -896900000.00 -573800000.00 0.00 -268100000.00 0.00 0.00 0.00 0.00 551100000.00 0.00 -69700000.00 0.00 403400000.00 0.00 0.00 -100000.00 -131700000.00 0.00 21200000.00 0.00 20600000.00 0.00 0.00 0.00 0.00 0.00 -21400000.00 0.00 -998700000.00 822100000.00 0.00 0.00 0.00 434200000.00 0.00 387900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1900000.00 255300000.00 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 20600000.00 0.00 0.00 0.00 -232800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5200000.00 0.00 112800000.00 7900000.00 0.00 0.00 -125900000.00 29200000.00 -7300000.00 21900000.00 1704000000.00 1725900000.00