STOVEKRAFT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses01Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses02Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses03Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses04Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses05Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses06Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses07Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses08Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses09Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses10Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses01Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses02Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses03Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses04Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses05Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses06Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses07Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses08Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses09Member STOVEKRAFT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses10Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares STOVEKRAFT 2022-04-01 2023-03-31 2023-01-25 INR Millions Third quarter Single segment Kitchen and Home Appliances 2022-10-01 2022-12-31 Unaudited Standalone 3245260000.00 -29340000.00 3215920000.00 2000330000.00 223060000.00 -64200000.00 387630000.00 39960000.00 83330000.00 444010000.00 3114120000.00 101800000.00 0.00 101800000.00 11570000.00 12300000.00 23870000.00 0.00 77930000.00 0.00 0.00 0.00 0.00 77930000.00 -1050000.00 76880000.00 0.00 0.00 328680000.00 10 2.37 2.35 0.00 0.00 2.37 2.35 1. The Statement has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 Interim Financial Reporting ( Ind AS 34 ), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations'). 2. The Company's operations relate to only one reportable segment viz Kitchen and Home Appliances. Accordingly, no separate disclosure of segment information is required. 3. Impact of the COVID-19 pandemic: The Company has considered various internal and external sources consisting of feedback from the customers and the market trends, up to the date of approval of the financial results in determining the impact, if any, arising from the pandemic on various elements of its financial results. The Company has used the principles of prudence in applying judgments, estimates and assumptions and based on its current estimates fully expects to recover the carrying value of its financial and non-financial assets, including tangible assets. The eventual outcome of the possible impact of the pandemic may be different from those estimated as on the date of approval of these financial results. 4. The Company has from time to time in the normal course of business entered into factoring agreements with Banks/Financial Institutions for some of the trade receivables on a non-recourse basis. Under this arrangement, the late payment and credit risk is transferred to Banks/Financial Institutions without recourse to the Company. Therefore, the Company derecognises the transferred assets at the point when the amount is received from the Banks/Financials Institutions. As at December 31, 2022, the trade receivables do not include receivables amounting to Rs.189.68 which has been derecognised (though the actual credit period to the customers' has not expired) in accordance with Ind AS 109 - Financial Instruments, pursuant to such factoring agreements. 5. The Company, at various grant dates, has issued employee stock options to its employees at exercise prices of Rs.150 and Rs.562.10 per equity share, as approved by the Nomination and Remuneration Committee and Board of Directors in accordance with Employee Stock Option Plan 2018. For the quarter ended December 31, 2022, an amount of Rs.3.41 (December 31, 2021: Rs.2.11) has been recognised as employee share based compensation expenses, based on requirements of Ind AS 102, 'Share Based Payments'. The stock options granted and outstanding as at December 31, 2022 aggregates to 400,260 (December 31, 2021 : 426,634). 6. The above Statement of unaudited financial results for the quarter and nine months ended December 31, 2022 has been reviewed and recommended by the Audit Committee on February 2, 2023 and thereafter approved by the Board of Directors at their meeting held on February 2, 2023. 7. Previous period's figures have been regrouped/reclassified wherever necessary, to conform with the current period's presentation for the purpose of comparability. 8. The Investors can visit the company's website www.stovekraft.com for updated information. Single segment 2022-04-01 2022-12-31 Unaudited Standalone 10057920000.00 -52330000.00 10005590000.00 5850380000.00 964990000.00 -67470000.00 1063990000.00 103730000.00 222550000.00 1314960000.00 9453130000.00 552460000.00 0.00 552460000.00 115490000.00 19250000.00 134740000.00 0.00 417720000.00 0.00 0.00 0.00 0.00 417720000.00 7300000.00 425020000.00 0.00 0.00 328680000.00 10 12.71 12.60 0.00 0.00 12.71 12.60 Allowance for expected credit loss 10000000.00 Bill Discounting 6270000.00 Business promotion and advertisement expenses 71540000.00 Freight and forwarding 103150000.00 Job work charges 46390000.00 Others 111700000.00 Power and fuel 38980000.00 Repairs and Maintenance - Plant and machinery 14670000.00 Sales commission 23950000.00 Travelling and conveyance 17360000.00 Allowance for expected credit loss 27500000.00 Bill Discounting 22050000.00 Business promotion and advertisement expenses 250290000.00 Freight and forwarding 300490000.00 Job work charges 131890000.00 Others 277870000.00 Power and fuel 101060000.00 Repairs and Maintenance - Plant and machinery 54690000.00 Sales commission 86820000.00 Travelling and conveyance 62300000.00