RKFORGE2022-01-012022-03-31in-bse-fin:OneOperatingExpenses01Member RKFORGE2022-01-012022-03-31in-bse-fin:OneOperatingExpenses02Member RKFORGE2022-01-012022-03-31in-bse-fin:FourOperatingExpenses01Member RKFORGE2022-01-012022-03-31in-bse-fin:FourOperatingExpenses02Member RKFORGE2022-01-012022-03-31in-bse-fin:OneReportableSegmentRevenue01Member RKFORGE2022-01-012022-03-31in-bse-fin:OneReportableSegmentRevenue02Member RKFORGE2022-01-012022-03-31in-bse-fin:FourReportableSegmentRevenue01Member RKFORGE2022-01-012022-03-31in-bse-fin:FourReportableSegmentRevenue02Member RKFORGE2022-01-012022-03-31in-bse-fin:OneReportableSegmentResults01Member RKFORGE2022-01-012022-03-31in-bse-fin:OneReportableSegmentResults02Member RKFORGE2022-01-012022-03-31in-bse-fin:FourReportableSegmentResults01Member RKFORGE2022-01-012022-03-31in-bse-fin:FourReportableSegmentResults02Member RKFORGE2022-01-012022-03-31in-bse-fin:OneReportableSegmentAssets01Member RKFORGE2022-01-012022-03-31in-bse-fin:OneReportableSegmentAssets02Member RKFORGE2022-01-012022-03-31in-bse-fin:OneReportableSegmentLiabilities01Member RKFORGE2022-03-31in-bse-fin:OneReportableSegmentLiabilities01Member RKFORGE2022-01-012022-03-31in-bse-fin:OneReportableSegmentLiabilities02Member RKFORGE2022-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares RKFORGE 2021-04-01 2022-03-31 2022-03-31 INR Lakhs Yearly true Cash Flow Indirect Multi segment 2022-01-01 2022-03-31 Audited Consolidated 7187227000.00 0.00 7187227000.00 3202780000.00 558969000.00 121087000.00 346327000.00 269893000.00 456644000.00 1481294000.00 6436994000.00 750233000.00 0.00 750233000.00 163597000.00 -252673000.00 -89076000.00 0.00 839309000.00 0.00 0.00 0.00 0.00 839309000.00 1627000.00 840936000.00 839309000.00 0.00 840936000.00 0.00 319779000.00 2 5.31 5.31 0.00 0.00 5.31 5.31 NOTES TO AUDITED CONSOLIDATED FINANCIAL RESULTS (CONTINUED): 4. The audited consolidated financial results of the Group relates to Ramkrishna Forgings Limited ( Holding Company ) and its wholly owned subsidaries, Globe All India Services Limited (Formerly Globe Forex & Travels Limited), Ramkrishna Aeronautics Private Limited and Ramkrishna Forgings LLC (Collectively the Group ). 5. The Board of Directors of the Holding Company has recommended a final Dividend of Re. 0.20 per shares on Equity Shares of Rs. 2/- each. 6. The above audited consolidated financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Holding Company at their respective meetings held on May 2, 2022 and May 3, 2022 respectively. 7. The figures of the last quarter are the balancing figures between audited figures in respect of full financial year upto March 31, 2022/March 31, 2021 and the unaudited published year-to-date figures upto December 31, 2021/December 31, 2020 being the date of the end of the third quarter of financial year respectively which were subject to limited review. 8. Pursuant to the Special Resolution passed by the Shareholders of the Holding Company by way of Postal Ballot through electronic means, the Holding Company has sub-divided its equity share of face value Rs. 10/- (Rs. Ten only) each fully paid up, into 5 (five) equity shares of face value Rs. 2/- (Rs. Two only) each fully paid-up, effective from March 15, 2022, This has been considered for calculating weighted average number of equity shares for all periods presented, as per Ind AS 33-Earnings Per Share. 9. The outbreak of Corona virus (COVID-19) pandemic globally and in India had caused significant disturbance and slowdown of economic activity. While the pandemic situation has improved significantly in this last nine months of the current year, the Group's has taken into account the possible impact of COVID-19 in preparation of the audited 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 audited consolidated financial results and current indicators of future economic conditions. Further, management has assessed its liquidity position as on March 31, 2022 and does not anticipate any challenge in the Group's ability to continue as a going concern. As at date of the balance sheet, the management does not anticipate any adverse impact of the pandemic on it's business in foreseeable future. 10. The Holding Company has not yet exercised the option permitted under Section 115BAA of the Income-tax Act, 1961 as introduced by the Taxation Laws (Amendment) Ordinance, 2019. However, the Holding Company expects to be in lower tax regime after two years and accordingly the Deferred Tax Liabilities (net) as at March 31, 2022 have been re-measured. Consequently, tax expense for the current quarter and year ended March 31, 2022 includes a credit of Rs. 2,745.61 lakhs and Rs. 2,307.41 lakhs respectively towards reversal of deferred tax liabilities. 11. 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 Group 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. 12. The figures for the corresponding previous periods / year have been the regrouped/reclassified wherever necessary to confirm to current period's presentation. Multi segment 2021-04-01 2022-03-31 Audited Consolidated 23202466000.00 14591000.00 23217057000.00 12142258000.00 1472963000.00 -2007933000.00 1272372000.00 958976000.00 1693532000.00 5152886000.00 20685054000.00 2532003000.00 0.00 2532003000.00 485198000.00 66536000.00 551734000.00 0.00 1980269000.00 0.00 0.00 0.00 0.00 1980269000.00 4273000.00 1984542000.00 1980269000.00 0.00 1984542000.00 0.00 319779000.00 2 10464076000.00 12.43 12.43 0.00 0.00 12.43 12.43 Other Expenses 1077120000.00 Power and Fuel 404174000.00 Other Expenses 3628845000.00 Power and Fuel 1524041000.00 Forging Components 6807570000.00 Others 646632000.00 Forging Components 22584991000.00 Others 1654726000.00 7454202000.00 24239717000.00 266975000.00 1037251000.00 7187227000.00 23202466000.00 Forging Components 1002746000.00 Others 17380000.00 Forging Components 3481618000.00 Others 9361000.00 1020126000.00 3490979000.00 269893000.00 958976000.00 0.00 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. The 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. 0.00 750233000.00 2532003000.00 Forging Components 34239031000.00 Others 597275000.00 34836306000.00 Forging Components 23377378000.00 Others 675073000.00 24052451000.00 967066000.00 -2709711000.00 -3078472000.00 0.00 -176977000.00 0.00 0.00 888000.00 0.00 1795780000.00 0.00 125371000.00 0.00 1693532000.00 0.00 7580000.00 0.00 328000.00 0.00 -168023000.00 0.00 9587000.00 0.00 0.00 0.00 0.00 0.00 -74140000.00 0.00 -1626365000.00 905638000.00 0.00 0.00 0.00 475068000.00 0.00 430570000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4375000.00 2998462000.00 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 11103000.00 0.00 -561262000.00 0.00 -3544246000.00 0.00 0.00 18080000.00 0.00 0.00 0.00 0.00 0.00 6478585000.00 2664854000.00 0.00 6446000.00 47967000.00 975438000.00 0.00 0.00 2801960000.00 -311716000.00 0.00 -311716000.00 673454000.00 361738000.00