AIAENG2023-01-012023-03-31 AIAENG2023-01-012023-03-31 AIAENG2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member AIAENG2023-01-012023-03-31in-bse-fin:OneOperatingExpenses02Member AIAENG2023-01-012023-03-31in-bse-fin:OneOperatingExpenses03Member AIAENG2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member AIAENG2023-01-012023-03-31in-bse-fin:FourOperatingExpenses02Member AIAENG2023-01-012023-03-31in-bse-fin:FourOperatingExpenses03Member AIAENG2023-03-31 AIAENG2023-01-012023-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member AIAENG2023-01-012023-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member AIAENG2023-01-012023-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member AIAENG2023-01-012023-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532683 AIAENG NOTLISTED AIA Engineering Limited Equity 2022-04-01 2023-03-31 2023-05-25 2023-05-15 INR Lakhs Yearly 11:30:00 15:15:00 2023-05-25 2023-05-25 true Cash Flow Indirect Declaration of unmodified opinion Single segment Manufacturing of High Chrome Mill Internals 2023-01-01 2023-03-31 Audited Consolidated 12735627000.00 638058000.00 13373685000.00 5167766000.00 0.00 609568000.00 399324000.00 98933000.00 232454000.00 3401540000.00 9909585000.00 3464100000.00 0.00 3464100000.00 729523000.00 57983000.00 787506000.00 0.00 2676594000.00 0.00 0.00 0.00 0.00 2676594000.00 40841000.00 2717435000.00 2681921000.00 -5327000.00 2723312000.00 -5877000.00 188641000.00 2 28.43 28.43 0.00 0.00 28.43 28.43 Notes: (i) The above audited consolidated financial results for the quarter and year ended 31 March 2023 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on 25 May 2023. The statutory auditors have expressed an unmodified opinion. (ii) The audited consolidated financial results are prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards 34 Interim Financial Reporting as prescribed under Section 133 of the Companies Act, 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015, as amended. (iii) Board of Directors recommends Dividend of Rs. 16/- (800%) per Equity Share of Rs. 2/- each amounting to Rs. 15091.26 lakhs for the financial year 2022-23. (iv) The audited consolidated financial results comprise of the results / financial information of the Holding Company, i.e., AIA Engineering Limited, and its subsidiaries namely - Welcast Steels Limited - India, AIA CSR Foundation - India, Vega Industries (Middle East) F.Z.C. - U.A.E., Vega Industries Limited - U.K., Vega Industries Limited - U.S.A., Vega Steel Industries (RSA) (PTY.) Limited - South Africa, Wuxi Vega Trade Co., Limited - China, PT. Vega Industries Indonesia - Indonesia, Vega Industries Chile SPA - Chile, AIA Ghana Limited - Ghana and Vega Industries Australia Pty. Ltd. - Australia. (v) 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. (vi) The Group has only one reportable primary business segment as per Ind AS 108 - Operating Segments , i.e., Manufacturing of High Chrome Mill Internals. (vii) Figures of the quarter ended 31 March 2023 and 31 March 2022 are the balancing figures between audited figures in respect of the full financial year and year to date figures up to the third quarter of the relevant financial year. Also, the figures up to the end of third quarter had only been reviewed and not subject to audit. (viii) Refer Annexure-I for Audited Consolidated Statement of Assets and Liabilities. (ix) Refer Annexure-II for Audited Consolidated Statement of Cash Flows. Single segment 2022-04-01 2023-03-31 Audited Consolidated 49087687000.00 2345394000.00 51433081000.00 20407600000.00 0.00 250602000.00 1519016000.00 201039000.00 930401000.00 14504061000.00 37812719000.00 13620362000.00 0.00 13620362000.00 3041263000.00 14096000.00 3055359000.00 0.00 10565003000.00 0.00 0.00 0.00 0.00 10565003000.00 -348405000.00 10216598000.00 10559289000.00 5714000.00 10210511000.00 6087000.00 188641000.00 2 56724619000.00 111.95 111.95 0.00 0.00 111.95 111.95 Freight Outward Expenses 858472000.00 Others 1498051000.00 Power and Fuel 1045017000.00 Freight Outward Expenses 4765425000.00 Others 5972693000.00 Power and Fuel 3765943000.00 89361000.00 9796481000.00 1074432000.00 198948000.00 32050000.00 7989000.00 1125000.00 1265520000.00 68507000.00 1343141000.00 7346000.00 734999000.00 13187397000.00 12180215000.00 22535189000.00 8608365000.00 3074767000.00 4985095000.00 22047000.00 320948000.00 39546411000.00 1397960000.00 53124586000.00 66311983000.00 188641000.00 56724619000.00 56913260000.00 57002621000.00 0.00 29959000.00 29959000.00 130863000.00 398620000.00 559442000.00 4960000000.00 2613696000.00 274152000.00 7847848000.00 639756000.00 80799000.00 181517000.00 8749920000.00 9309362000.00 66311983000.00 201039000.00 79879000.00 -676647000.00 0.00 -344186000.00 0.00 0.00 -1259657000.00 0.00 650155000.00 0.00 -24855000.00 0.00 930401000.00 0.00 41541000.00 0.00 12294000.00 0.00 -187902000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -252918000.00 0.00 -830856000.00 12789506000.00 0.00 0.00 -1070921000.00 3041389000.00 0.00 8677196000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 24019000.00 1947841000.00 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 0.00 586880000.00 0.00 -10746089000.00 0.00 -12083031000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4944300000.00 12700000.00 0.00 0.00 770632000.00 173361000.00 0.00 -37578000.00 3950029000.00 544194000.00 -36513000.00 507681000.00 2567086000.00 3074767000.00 Items that will not be reclassified to profit and loss -6143000.00 Items that will not be reclassified to profit and loss 16263000.00 -6143000.00 16263000.00 -622000.00 4093000.00 Items that will be reclassified to profit and loss 37848000.00 Items that will be reclassified to profit and loss -383720000.00 37848000.00 -383720000.00 -8514000.00 -23145000.00