RKFORGE2021-10-012021-12-31in-bse-fin:OneOperatingExpenses01Member RKFORGE2021-10-012021-12-31in-bse-fin:FourOperatingExpenses01Member RKFORGE2021-10-012021-12-31in-bse-fin:OneReportableSegmentRevenue01Member RKFORGE2021-10-012021-12-31in-bse-fin:OneReportableSegmentRevenue02Member RKFORGE2021-10-012021-12-31in-bse-fin:FourReportableSegmentRevenue01Member RKFORGE2021-10-012021-12-31in-bse-fin:FourReportableSegmentRevenue02Member RKFORGE2021-10-012021-12-31in-bse-fin:OneReportableSegmentResults01Member RKFORGE2021-10-012021-12-31in-bse-fin:OneReportableSegmentResults02Member RKFORGE2021-10-012021-12-31in-bse-fin:FourReportableSegmentResults01Member RKFORGE2021-10-012021-12-31in-bse-fin:FourReportableSegmentResults02Member RKFORGE2021-10-012021-12-31in-bse-fin:OneReportableSegmentAssets01Member RKFORGE2021-10-012021-12-31in-bse-fin:OneReportableSegmentAssets02Member RKFORGE2021-10-012021-12-31in-bse-fin:OneReportableSegmentLiabilities01Member RKFORGE2021-12-31in-bse-fin:OneReportableSegmentLiabilities01Member RKFORGE2021-10-012021-12-31in-bse-fin:OneReportableSegmentLiabilities02Member RKFORGE2021-12-31in-bse-fin:OneReportableSegmentLiabilities02Member RKFORGE2021-10-012021-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member RKFORGE2021-10-012021-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member RKFORGE2021-10-012021-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member RKFORGE2021-10-012021-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares RKFORGE 2021-04-01 2022-03-31 2021-12-20 INR Lakhs Third quarter Multi segment 2021-10-01 2021-12-31 Unaudited Consolidated 6013196000.00 16088000.00 6029284000.00 3055041000.00 377211000.00 -322221000.00 310552000.00 269833000.00 451279000.00 1180830000.00 5322525000.00 706759000.00 0.00 706759000.00 124729000.00 128509000.00 253238000.00 0.00 453521000.00 0.00 0.00 0.00 0.00 453521000.00 862000.00 454383000.00 453521000.00 0.00 454383000.00 0.00 319779000.00 10 14.18 14.18 0.00 0.00 14.18 14.18 NOTES TO UNAUDITED CONSOLIDATED IND AS FINANCIAL RESULTS (CONTINUED): 2 The unaudited consolidated Ind AS financial results of the Group relates to Ramkrishna Forgings Limited ( the Parent ) and its wholly owned subsidiaries, Globe All India Services Limited (Formerly Globe Forex & Travels Limited), Ramkrishna Aeronautics Private Limited and Ramkrishna Forgings LLC (Collectively the Group ). 3 The above unaudited consolidated Ind AS financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Parent Company at their respective meetings held on January 17, 2022 and January 18, 2022 respectively. The Statutory Auditors have carried out a limited review of the financial results. 4 The Board of Directors of the Parent Company has declared third interim Dividend of Re. 0.50 per shares. 5 The Board of Directors has recommended the sub division of existing 3,19,77,907 nos. equity shares of the face value of Rs. 10.00 each fully paid up into 15,98,89,535 nos. equity shares of Rs. 2.00 each fully paid up post sub division of the shares, subject to the approval of the shareholders of the Parent Company. 6 The outbreak of Corona virus (COVID-19) pandemic globally and in India is causing significant disturbance and slowdown of economic activity. The Group’s operations and revenue during the period were also impacted due to COVID-19. The Group has taken into account the possible impact of COVID-19 in preparation of the unaudited consolidated financial results, including its assessment of recoverability of the carrying value of property, plant and equipment, intangible assets and deferred tax assets (including MAT credit) based on internal and external information upto the date of approval of these unaudited consolidated financial results and current indicators of future economic conditions. Further, management has assessed its liquidity position as on December 31, 2021 and does not anticipate any challenge in the Group's ability to continue as a going concern. The impact of the pandemic may be different from that as estimated as at the date of approval of these results and the management continues to closely monitor any material changes to future economic conditions. 7 Section 115BAA of the Income Tax Act, 1961 gives the corporate assessee an option to apply lower tax rate with effect from April 1, 2019 subject to certain condition specified therein. The Parent Company has assessed the impact of the same and believes that it will continue to remain in the existing tax structure for the foreseeable future based on its forecasted profits. Accordingly, no effect in this regard has been considered in measurement of tax expenses for the purpose of these financial statements. Management, however, will continue to review its profitability forecast at regular intervals and make necessary adjustments to tax expenses when there is reasonable certainty to avail the lower rate of tax. 8 The Code on Social Security, 2020 (‘Code’) relating to employee benefits during employment and post-employment benefits received Presidential assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code will come into effect has not been notified and the final rules/interpretation have not yet been issued. The Parent Company will assess the impact of the Code when it comes into effect and will record any related impact in the period the Code becomes effective. 9 Figures of the previous period / year has been regrouped/rearranged to confirm current period's presentation. Multi segment 2021-04-01 2021-12-31 Unaudited Consolidated 16015239000.00 27471000.00 16042710000.00 8908267000.00 913994000.00 -2066221000.00 926045000.00 689083000.00 1236888000.00 3652884000.00 14260940000.00 1781770000.00 0.00 1781770000.00 321601000.00 319209000.00 640810000.00 0.00 1140960000.00 0.00 0.00 0.00 0.00 1140960000.00 2646000.00 1143606000.00 1140960000.00 0.00 1143606000.00 0.00 319779000.00 10 35.69 35.69 0.00 0.00 35.69 35.69 Other Expenses 1180830000.00 Other Expenses 3652884000.00 Forging Components 5992473000.00 Others 424445000.00 Forging Components 15777421000.00 Others 1008094000.00 6416918000.00 16785515000.00 403722000.00 770276000.00 6013196000.00 16015239000.00 Forging Components 964042000.00 Others 12550000.00 Forging Components 2478872000.00 Others -8020000.00 976592000.00 2470852000.00 269833000.00 689083000.00 The Group's business is divided into two reporting segments which comprise of 'forgings' and 'others' which represents the Group's business not covered in 'forgings' segments. Th 'forgings' segment produces and sells forged products comprising of forgings and machined components. 'Others' primarily includes services for tour and travels, sanitization and cargo business. 706759000.00 1781769000.00 Forging Components 31575305000.00 Others 490787000.00 32066092000.00 Forging Components 21531920000.00 Others 575530000.00 22107450000.00