MSUMI2022-10-012022-12-31 MSUMI2022-10-012022-12-31 MSUMI2022-10-012022-12-31in-bse-fin:OneOperatingExpenses01Member MSUMI2022-10-012022-12-31in-bse-fin:FourOperatingExpenses01Member MSUMI2022-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543498 MSUMI NA Motherson Sumi Wiring India Limited Equity 2022-04-01 2023-03-31 2023-02-07 2023-01-18 INR Crores Third quarter 11:30:00 13:20:00 2023-02-07 2023-02-07 Not applicable Single segment Wiring Harness & its Components 2022-10-01 2022-12-31 Unaudited Standalone 16868000000.00 7200000.00 16875200000.00 11155500000.00 0.00 -311600000.00 3000600000.00 65100000.00 316800000.00 1234000000.00 15460400000.00 1414800000.00 0.00 1414800000.00 386200000.00 -33000000.00 353200000.00 0.00 1061600000.00 0.00 0.00 0.00 0.00 1061600000.00 -75600000.00 986000000.00 0.00 0.00 4421110000.00 1 0.24 0.24 0.00 0.00 0.24 0.24 1. These financial results of the Company have been prepared in accordance with the Indian Accounting Standards (IND AS) as notified by Ministry of Corporate Affairs pursuant to Section 133 of the Companies Act 2013 read with rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 (as amended) and in terms of regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI Circular No. CIR/CFD/CDM1/44/2019 dated March 29, 2019 and other accounting principles generally accepted in India. 2. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their meetings held on February 06, 2023 and February 07, 2023 respectively. 3. The Chief Operating Decision Maker CODM reviews the operations of the Company as a whole, hence there are no reportable segments as per Ind AS 108 Operating Segments . 4. The Hon'ble National Company Law Tribunal, Mumbai Bench (“Hon’ble NCLT”) vide its order dated December 22, 2021 has approved the Composite Scheme of Amalgamation and Arrangement (“the Scheme”) between Samvardhana Motherson International Limited (erstwhile Motherson Sumi Systems Limited) ( SAMIL ), the Company, erstwhile Samvardhana Motherson International Limited and their respective shareholders. The Scheme, among other things, entails demerger of Domestic Wiring Harness (“DWH”) business from SAMIL into the Company. The Company has given effect to the aforesaid demerger during the year ended March 31, 2022 in accordance with the accounting treatment prescribed in the Scheme and relevant accounting standards. During the year ended March 31, 2022, the Company recognised exceptional expenses of Rs. 65.41 crores representing accrual of Rs. 55 crores for Company's share of expenses in connection with the implementation of the Scheme of arrangement post NCLT approval and amount of Rs. 10.41 crores being cost allocated by SAMIL. As per the Scheme, 3,157,934,237 equity shares having face value of Re. 1/- each were allotted by the Company in the ratio of 1 equity share of the Company of face value Re. 1/- each for every 1 equity share of SAMIL of face value Re. 1/- each to the shareholders of SAMIL as on January 19, 2022, being the record date fixed by the Company. 5. The shareholders of the Company approved the issue of bonus shares on November 5, 2022 in proportion of 2 equity shares for every 5 equity shares held. These bonus shares have been allotted on November 18, 2022 and got trading approval from stock exchanges from November 28, 2022. 6. Earnings per share (Basic and Diluted) for the period presented in the financial results are calculated after considering the impact of issuance of equity shares, as stated in note 4 and 5 above. 7. Figures of previous year/ periods have been reclassified / regrouped / restated, wherever necessary including to comply with the requirement of the amended schedule III to the Companies Act, 2013. Single segment 2022-04-01 2022-12-31 Unaudited Standalone 51929500000.00 191300000.00 52120800000.00 34460100000.00 0.00 -620000000.00 8916700000.00 192200000.00 889100000.00 3547000000.00 47385100000.00 4735700000.00 0.00 4735700000.00 1249300000.00 700000.00 1250000000.00 0.00 3485700000.00 0.00 0.00 0.00 0.00 3485700000.00 -28400000.00 3457300000.00 0.00 0.00 4421110000.00 1 0.79 0.79 0.00 0.00 0.79 0.79 Other Expenses 1234000000.00 Other Expenses 3547000000.00 -101000000.00 -38000000.00 -25400000.00 -9600000.00 0.00 0.00