RKFORGE2022-10-012022-12-31in-bse-fin:OneOperatingExpenses01Member RKFORGE2022-10-012022-12-31in-bse-fin:OneOperatingExpenses02Member RKFORGE2022-10-012022-12-31in-bse-fin:OneOperatingExpenses03Member RKFORGE2022-10-012022-12-31in-bse-fin:FourOperatingExpenses01Member RKFORGE2022-10-012022-12-31in-bse-fin:FourOperatingExpenses02Member RKFORGE2022-10-012022-12-31in-bse-fin:FourOperatingExpenses03Member RKFORGE2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue01Member RKFORGE2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue02Member RKFORGE2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue01Member RKFORGE2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue02Member RKFORGE2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults01Member RKFORGE2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults02Member RKFORGE2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults01Member RKFORGE2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults02Member RKFORGE2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets01Member RKFORGE2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets02Member RKFORGE2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities01Member RKFORGE2022-12-31in-bse-fin:OneReportableSegmentLiabilities01Member RKFORGE2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities02Member RKFORGE2022-12-31in-bse-fin:OneReportableSegmentLiabilities02Member RKFORGE2022-10-012022-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member RKFORGE2022-10-012022-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member RKFORGE2022-10-012022-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member RKFORGE2022-10-012022-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares RKFORGE 2022-04-01 2023-03-31 2022-12-31 INR Lakhs Third quarter Multi segment 2022-10-01 2022-12-31 Unaudited Consolidated 7774809000.00 7429000.00 7782238000.00 3969828000.00 3131000.00 -498582000.00 359227000.00 312019000.00 490161000.00 2211311000.00 6847095000.00 935143000.00 0.00 935143000.00 305389000.00 19345000.00 324734000.00 0.00 610409000.00 0.00 0.00 0.00 0.00 610409000.00 995000.00 611404000.00 610409000.00 0.00 611404000.00 0.00 319779000.00 2 3.82 3.80 0.00 0.00 3.82 3.80 2. The unaudited 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 and Travels Limited), Ramkrishna Aeronautics Private Limited and Ramkrishna Forgings LLC (Collectively the Group). 3. The Board of Directors of the Holding Company has recommended an interim dividend of Rs. 0.50 per shares on Equity Shares of Rs. 2 each. 4. The above unaudited 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 January 19, 2023 and January 20, 2023 respectively. The Statutory Auditors have carried out a limited review of the financial results. 5. 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. 6. 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 financial year 2022-2023 and accordingly the Deferred Tax Liabilities (net) have been re-measured. Consequently, tax expense for the half year and quarter ended December 31, 2022 includes a credit of Rs. 421.75 lakhs and Rs. 27.91 lakhs respectively (tax expense for the quarter ended September 30, 2022 includes a credit of 289.33 lakhs towards reversal of deferred tax liabilities). 7. 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. 8. On October 26, 2022, the Holding Company has allotted 46,00,000 warrants, each convertible into one equity share, on preferential basis at an issue price of Rs. 205 each, upon receipt of 25% of the issue price (i.e. Rs. 51.25 per warrant) as warrant subscription money. Balance 75% of the issue price (i.e. Rs. 153.75 per warrant) shall be payable within 18 months from the allotment date, at the time of exercising the option to apply for fully paid–up equity share of Rs. 2each of the Holding Company, against each warrant held by the warrant holder. 9. The Board of Directors of the Holding Company in its meeting dated December 14, 2022 has approved an investment to acquire upto 51% voting rights of TSUYO Manufacturing Private Limited, a Make-In-India start-up company engaged in powertrain solutions for electric vehicles. 10. The figures for the corresponding previous periods / year have been the regrouped/reclassified wherever necessary to confirm to current period's presentation. Multi segment 2022-04-01 2022-12-31 Unaudited Consolidated 23012534000.00 21642000.00 23034176000.00 11512534000.00 193371000.00 -1372348000.00 1147990000.00 866484000.00 1458419000.00 6547836000.00 20354286000.00 2679890000.00 0.00 2679890000.00 887248000.00 -3922000.00 883326000.00 0.00 1796564000.00 0.00 0.00 0.00 0.00 1796564000.00 2714000.00 1799278000.00 1796564000.00 0.00 1799278000.00 0.00 319779000.00 2 11.24 11.19 0.00 0.00 11.24 11.19 Cost of Services 288700000.00 Other Expenses 1461224000.00 Power and Fuel 461387000.00 Cost of Services 1149662000.00 Other Expenses 4045264000.00 Power and Fuel 1352910000.00 Forging Components 7397764000.00 Others 383001000.00 Forging Components 21676767000.00 Others 1625853000.00 7780765000.00 23302620000.00 5956000.00 290086000.00 7774809000.00 23012534000.00 Forging Components 1217184000.00 Others 29978000.00 Forging Components 3469072000.00 Others 77302000.00 1247162000.00 3546374000.00 312019000.00 866484000.00 0.00 0.00 935143000.00 2679890000.00 Forging Components 35933833000.00 Others 819419000.00 36753252000.00 0.00 36753252000.00 Forging Components 23268867000.00 Others 855692000.00 24124559000.00 0.00 24124559000.00