JTEKTINDIA2022-10-012022-12-31 JTEKTINDIA2022-10-012022-12-31 JTEKTINDIA2022-10-012022-12-31in-bse-fin:OneOperatingExpenses01Member JTEKTINDIA2022-10-012022-12-31in-bse-fin:FourOperatingExpenses01Member JTEKTINDIA2022-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 520057 JTEKTINDIA NOTLISTED Jtekt India Limited Equity 2022-04-01 2023-03-31 2023-02-09 2023-01-25 INR Lakhs Third quarter 11:30:00 12:55:00 2023-02-09 2023-02-09 Not applicable Single segment Auto Components for Four Wheelers 2022-10-01 2022-12-31 Unaudited Consolidated 4710259000.00 17850000.00 4728109000.00 3402220000.00 0.00 -53249000.00 537028000.00 10649000.00 190865000.00 440949000.00 4528462000.00 199647000.00 0.00 199647000.00 50712000.00 -3980000.00 46732000.00 0.00 152915000.00 0.00 0.00 0.00 0.00 152915000.00 -975000.00 151940000.00 143901000.00 9014000.00 142733000.00 9207000.00 244480000.00 1 0.59 0.59 0.00 0.00 0.59 0.59 1) The above Statement of Unaudited Consolidated Financial Results for the quarter and nine months ended 31 December 2022, were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 09 February 2023. The said results along with the limited review report of the Statutory auditors are available on the Bombay Stock Exchange ('BSE') website (URL:www.bseindia.com), the National Stock Exchange ('NSE') website (URL:www.nseindia.com) and on the Company's website (URL:www.jtekt.co.in). The consolidated financial results have been prepared in accordance with the recognition and measurement principles of the Indian Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act, 2013. 2) Particulars of subsidiary - JTEKT Fuji Kiko Automotive India Limited. 3) The Group is primarily engaged in the business of manufacturing of automotive components. There is no separate reportable segment as per Ind AS 108 Operating Segments . The operating segment has been defined based on regular review by the Company's Chief Operating Decision Maker to assess the performance of the Company and to make decision about allocation of resources. 4) 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. The Group 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. 5) (a) During the quarter ended 30 June 2022 and 30 June 2021, a voluntary retirement scheme ('VRS') was offered to the workmen and the Company has incurred cost of Rs. 326.01 lakhs and Rs. 153.68 lakhs respectively. Accordingly, the Company has recorded the VRS cost as an 'Exceptional item'. (b) During the quarter ended 31 March 2022, the Company has shifted its manufacturing opertations at Sanand facility to other locations. Owing to the said relocation, the Company has evaluated the recoverable value for the assets at the facility and recognised an impairment loss of Rs. 492.34 lakhs based on expected cash inflows and relocation expenses of Rs. 31.50 lakhs in the quarter ending 31 March 2022 as an 'Exceptional item'. 6) During the quarter ended 30 September 2022, the Board of directors of the Company has approved the scheme of amalgamation between the Company ('Amalgamated Company') and JTEKT Fuji Kiko Automotive India Limited ('Amalgamating Company'). The application is pending with NCLT for necessary approvals. Single segment 2022-04-01 2022-12-31 Unaudited Consolidated 15137471000.00 66103000.00 15203574000.00 10912546000.00 2528000.00 -170972000.00 1644778000.00 35192000.00 539590000.00 1384609000.00 14348271000.00 855303000.00 -32601000.00 822702000.00 225107000.00 -11775000.00 213332000.00 0.00 609370000.00 0.00 0.00 0.00 0.00 609370000.00 -2927000.00 606443000.00 563016000.00 46354000.00 559511000.00 46932000.00 244480000.00 1 2.30 2.30 0.00 0.00 2.30 2.30 Other Expenses 440949000.00 Other Expenses 1384609000.00 -1304000.00 -3912000.00 -329000.00 -985000.00 0.00 0.00