MUNJALSHOW2022-10-012022-12-31 MUNJALSHOW2022-10-012022-12-31 MUNJALSHOW2022-10-012022-12-31in-bse-fin:OneOperatingExpenses01Member MUNJALSHOW2022-10-012022-12-31in-bse-fin:FourOperatingExpenses01Member MUNJALSHOW2022-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 520043 MUNJALSHOW NOTLISTED Munjal Showa Limited Equity 2022-04-01 2023-03-31 2023-02-10 2023-02-03 INR Lakhs Third quarter 12:30:00 13:20:00 2023-02-10 2023-02-10 Not applicable Single segment Auto components for two wheeler and four wheeler industry 2022-10-01 2022-12-31 Unaudited Standalone 3075283000.00 9311000.00 3084594000.00 2460490000.00 0.00 4376000.00 258609000.00 75000.00 29891000.00 271722000.00 3025163000.00 59431000.00 -10448000.00 48983000.00 -887000.00 18515000.00 17628000.00 0.00 31355000.00 0.00 0.00 0.00 0.00 31355000.00 2993000.00 34348000.00 0.00 0.00 79993000.00 2 0.79 0.79 0.00 0.00 0.79 0.79 0.00 0.00 0.00 1. These results have been prepared in accordance with the recognition and measurement principles laid down in Ind AS-34 Interim financial reporting prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles generally accepted in India. 2. As the Company's business activities fall within a single primary business segment viz. auto components for two wheeler and four wheeler industry, the disclosure requirements of Indian Accounting standard (Ind AS-108) Operating segments are not applicable. 3. Voluntary Retirement Scheme (VRS) and retrenchment compensation: (a) During the quarter ended June 30, 2022 and December 31, 2022, the Company has accepted VRS of 26 workmen and 10 workmen respectively. In respect of this, the Company has accounted separation cost of Rs. 376.70 lakhs and Rs. 104.48 lakhs respectively. (b) As per receipt of necessary regulatory approval in respect of Company’s Gurugram plant, the Company had paid retrenchment compensation of Rs. 257.50 lakhs to 57 workmen retrenched during the quarter ended June 30, 2022. The above expenses aggregating to Rs. 104.48 lakhs and Rs. 738.68 lakhs have been reported as exceptional items in the above results for the quarter and nine months ended December 31, 2022. 4. Subsequent to the period end, the Company has concluded price negotiations with a customer along with corresponding escalation to be given to vendors approved by the concerned customer. Accordingly, revenue from operations, cost of materials consumed and other expenses for the quarter and nine months ended December 31, 2022 includes Rs. 2,240.59 lakhs, Rs. 2,085.66 lakhs and Rs. 98.28 lakhs respectively on account of such price adjustments related to the goods supplied during the six months ended September 30, 2022. 5. The above results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 10, 2023. The limited review, as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been completed by the Statutory Auditors and they have expressed an unmodified opinion on the aforesaid results. 6. The above results of the Company are available on the Company's website www.munjalshowa.net and also on www.bseindia.com and www.nseindia.com. Single segment 2022-04-01 2022-12-31 Unaudited Standalone 9416842000.00 160892000.00 9577734000.00 7543601000.00 0.00 -91995000.00 805701000.00 424000.00 87664000.00 1016918000.00 9362313000.00 215421000.00 -73868000.00 141553000.00 29466000.00 5037000.00 34503000.00 0.00 107050000.00 0.00 0.00 0.00 0.00 107050000.00 9728000.00 116778000.00 0.00 0.00 0.00 0 2.68 2.68 0.00 0.00 2.68 2.68 0.00 0.00 0.00 Other Expenses 271722000.00 Other Expenses 1016918000.00 4000000.00 13000000.00 1007000.00 3272000.00