TIMKEN2023-01-012023-03-31 TIMKEN2023-01-012023-03-31 TIMKEN2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member TIMKEN2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member TIMKEN2023-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 522113 TIMKEN NOTLISTED Timken India Limited Equity 2022-04-01 2023-03-31 2023-05-17 2023-04-21 INR Millions Yearly 11:30:00 13:30:00 2023-05-17 2023-05-17 true Cash Flow Indirect Declaration of unmodified opinion Single segment Bearings and allied goods & services 2023-01-01 2023-03-31 Audited Standalone 8025180000.00 66780000.00 8091960000.00 2417330000.00 1783250000.00 736670000.00 391870000.00 13730000.00 213100000.00 1167030000.00 6722980000.00 1368980000.00 0.00 1368980000.00 306090000.00 17750000.00 323840000.00 0.00 1045140000.00 0.00 0.00 0.00 0.00 1045140000.00 4110000.00 1049250000.00 0.00 0.00 752190000.00 10 13.89 13.89 0.00 0.00 13.89 13.89 1. The above Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 17 May, 2023.The above results for the full financial year have been audited and the results for the quarter ended 31 March, 2023 have been reviewed by Deloitte Haskins & Sells LLP, statutory auditor of the Company. The reports of the statutory auditor is unmodified. 2. The Company has only one reportable primary segment, viz. 'Bearings and allied goods & services'. Accordingly, no separate disclosure of segment information has been made. 3. The Statement of Assets and Liabilities as at March 31, 2023 is given as Annexure - A and Statement of cash flows for the year ended March 31, 2023 is given as Annexure - B. 4. The figures for the quarters ended March 31, 2023 and March 31, 2022 are balancing figures between audited figures in respect of full financial years ended March 31, 2023 and March 31, 2022 respectively and the unaudited published year to date figures upto December 31, 2022 and December 31, 2021 respectively, being the end of the third quarter of the respective financial years, which were subjected to Limited Review by the statutory auditor. 5. The Board has recommended, subject to approval of the members of the Company at ensuing Annual General Meeting, payment of dividend of Rs. 1.50/- (PY Rs. 1.50/-) per equity share of Rs. 10 each fully paid. 6. The Code on Wages, 2019 and Code on Social Security, 2020 ( the Codes ) relating to employee compensation and post-employment benefits that received Presidential assent have not been notified. Further, the related rules for quantifying the financial impact have not been notified. The Company will assess the impact of the Codes when the rules are notified and will record any related impact in the period the Codes becomes effective. 7. The Statement has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder and in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 8. Previous period's figures have been recast wherever necessary/regrouped to confirm to current period's classification. Single segment 2022-04-01 2023-03-31 Audited Standalone 28066100000.00 531750000.00 28597850000.00 9223770000.00 7429920000.00 -55900000.00 1590890000.00 28130000.00 871990000.00 4273840000.00 23362640000.00 5235210000.00 0.00 5235210000.00 1343970000.00 -16210000.00 1327760000.00 0.00 3907450000.00 0.00 0.00 0.00 0.00 3907450000.00 7680000.00 3915130000.00 0.00 0.00 752190000.00 10 0.00 51.95 51.95 0.00 0.00 51.95 51.95 Other Expenses 1167030000.00 Other Expenses 4273840000.00 6021900000.00 534540000.00 100610000.00 1813110000.00 497450000.00 0.00 0.00 0.00 300000.00 0.00 820000.00 104710000.00 105830000.00 0.00 375030000.00 9448470000.00 5694900000.00 2358930000.00 5757350000.00 1584010000.00 33100000.00 38930000.00 74370000.00 9846690000.00 0.00 575280000.00 16116870000.00 0.00 0.00 25565340000.00 752190000.00 19619530000.00 20371720000.00 20371720000.00 0.00 0.00 8720000.00 8720000.00 502520000.00 263860000.00 0.00 145260000.00 920360000.00 294400000.00 3444190000.00 134730000.00 3873320000.00 106860000.00 44510000.00 248570000.00 0.00 4273260000.00 0.00 0.00 5193620000.00 25565340000.00 28130000.00 -110050000.00 -389210000.00 0.00 -651080000.00 0.00 0.00 0.00 0.00 171260000.00 0.00 22880000.00 0.00 871990000.00 0.00 0.00 0.00 -3370000.00 0.00 -24470000.00 104480000.00 34420000.00 0.00 0.00 0.00 0.00 0.00 -62240000.00 0.00 -285060000.00 4950150000.00 0.00 0.00 0.00 1538570000.00 0.00 3411580000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9880000.00 620420000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 104480000.00 34420000.00 0.00 30000.00 0.00 -471610000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 11960000.00 112830000.00 28130000.00 0.00 0.00 -152920000.00 2787050000.00 18430000.00 2805480000.00 1137460000.00 3942940000.00 4110000.00 7680000.00 0.00 0.00 0.00 0.00