RKFORGE2023-04-012023-06-30 RKFORGE2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member RKFORGE2023-04-012023-06-30in-bse-fin:OneOperatingExpenses02Member RKFORGE2023-06-30 RKFORGE2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532527 RKFORGE NA Ramkrishna Forgings Limited Equity 2023-04-01 2024-03-31 2023-07-21 2023-06-30 INR Lakhs First quarter 10:45:00 14:25:00 2023-07-21 2023-07-21 Not applicable Single segment FORGING COMPONENTS 2023-04-01 2023-06-30 Unaudited Standalone 8359453000.00 47381000.00 8406834000.00 4265557000.00 0.00 15309000.00 438120000.00 342073000.00 570670000.00 1765086000.00 7396815000.00 1010019000.00 0.00 1010019000.00 278569000.00 -38208000.00 240361000.00 0.00 769658000.00 0.00 0.00 0.00 0.00 769658000.00 -3284000.00 766374000.00 0.00 0.00 319779000.00 2 4.81 4.75 0.00 0.00 4.81 4.75 1. The above unaudited standalone financial results for the quarter ended June 30, 2023 have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Company at their respective meetings held on July 20 2023 and July 21 2023 respectively. 2 The figures of three months ended March 31 2023 are the balancing figures between the audited figures in respect of the full financial year ended March 31 2023 and the unaudited published year-to-date figures for nine months up to December 31 2022 which were subjected to limited review. 3 The Company manufactures Forging components and the management reviews the performance of the Company as a single operating segment in accordance with Ind AS108 Operating Segments notified pursuant to the Companies Indian Accounting Standards Rules 2015. Accordingly, no separate segment information has been furnished herewith. 4 The Company has not yet exercised the option permitted under Section 115BAA of the Income tax Act 1961 as introduced by the Taxation Laws Amendment Ordinance 2019. However the Company expects to be in lower tax regime 22 percent plus surcharge and cess as applicable in current financial year and the estimate of Tax Expense for the period ended June 30 2023 has been calculated accordingly. Tax expense for earlier periods were measured under the erstwhile tax regime 30 percent plus surcharge and cess as applicable and as a results of this tax expenses for the quarter and year ended March 31 2023 and quarter ended June 30 2022 are not comparable. 5 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 and the final rules interpretation have not yet been issued. The Company 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. 6 On October 26 2022 the Company had allotted 4600000 warrants each convertible into one equity share, on preferential basis at an issue price of Rs. 205 each, upon receipt of 25 percent of the issue price i.e. Rs. 51.25 per warrant as warrant subscription money amounting to Rs. 2,357.50 Lakhs. Balance 75% of the issue price (i.e. Rs. 153.75 per warrant) amounting to Rs. 7,072.50 Lakhs shall be payable within 18 months from the allotment date, at the time of exercising the option to apply for fully paid–up equity share of Rs. 2 each of the Company against each warrant held by the warrant holder. This has been considered for calculating diluted earnings per equity shares, as per Ind AS 33 Earnings Per Share. 7 A Joint Venture company named Ramkrishna Titagarh Rail Wheels Limited RTRWL has been incorporated on June 09 2023 having Ramkrishna Forgings Limited RKFL and Titagarh Rail Systems Limited TRSL as Joint Venturers. RTRWL will be engaged in manufacturing and supply of forged wheels under long term agreement under Aatma Nirbhar Bharat. RTRWL has not yet commenced operations as at June 30 2023. No investment has been made by RKFL in RTRWL till June 30 2023. 8 During the current quarter, the Company has invested Rs. 1,000.00 lakhs in Tsuyo Manufacturing Pvt Ltd TMPL a Make In India start-up company engaged in powertrain solutions for electric vehicles. 9 The figures for the corresponding previous periods year have been the regrouped reclassified wherever necessary to confirm to current period's presentation. Other Expenses 1256866000.00 Power and Fuel 508220000.00 Items that will not be reclassified to statement of profit & loss in subsequent periods -4388000.00 -4388000.00 -1104000.00 0.00