TITAGARH2023-04-012023-06-30 TITAGARH2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member TITAGARH2023-06-30 TITAGARH2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member TITAGARH2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member TITAGARH2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member TITAGARH2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member TITAGARH2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member TITAGARH2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member TITAGARH2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member TITAGARH2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member TITAGARH2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member TITAGARH2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member TITAGARH2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member TITAGARH2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532966 TITAGARH NOTLISTED TITAGARH RAIL SYSTEMS LIMITED Equity 2023-04-01 2024-03-31 2023-07-22 2023-07-15 INR Lakhs First quarter 11:00:00 14:00:00 2023-07-22 2023-07-22 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Standalone 9107587000.00 96819000.00 9204406000.00 7266926000.00 0.00 -146523000.00 158014000.00 191027000.00 66349000.00 768104000.00 8303897000.00 900509000.00 0.00 900509000.00 234844000.00 -10054000.00 224790000.00 0.00 675719000.00 0.00 0.00 0.00 0.00 675719000.00 10262000.00 685981000.00 0.00 0.00 239142000.00 2 5.65 5.65 0.00 0.00 5.65 5.65 1. The Operating segment based on the Company's products has been identified as Freight Rail Systems (which includes shipbuiding, bridges and defence) and Passenger Rail Systems . 2. Pursuant to approval by the Board of Directors and the Shareholders of the Company in their meetings held on June 10, 2023 and on July 4, 2023 respectively, and in principle approval of Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), on July 7, 2023, the Audit Committee as authorised by the Board of Directors, allotted 76,00,000 Equity Shares on Preferential basis to Smallcap World Fund Inc, a SEBI Registered FPI, at a price of Rs.380 per share (Face Value: Rs. 2 each fully paid up) including premium of Rs.378 per share. The Company has received listing approval from BSE and NSE on July 19, 2023 and July 20, 2023 respectively and is in process of obtaining trading approval. These allotted equity shares shall be under lock in for six months from the date of trading approval as per existing regulations. 3. The results for the quarter ended June 30, 2022 has been restated taking into consideration the impact of the Scheme of Amalgamation approved by the Hon’ble National Company Law Tribunal (NCLT), Kolkata vide its order dated October 26, 2022 of Titagarh Bridges and International Private Limited (TBIPL) - a wholly owned subsidiary with the Company with April 01, 2021 as the Appointed Date. 4. A Joint Venture Company named Ramkrishna Titagarh Rail Wheels Limited ( RTRWL ) has been incorporated on June 09, 2023 having Titagarh Rail Systems Limited ( TRSL ) and Ramkrishna Forgings Limited ( RKFL ) 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 TRSL in RTRWL till June 30, 2023. 5. (i) Exceptional items for the year ended March 31, 2023 includes: a. an amount of Rs. 4,972.82 lacs being the impairment loss of investment in TFA based on the valuation report obtained from an independent valuer. The residual value of investment in TFA as on March 31, 2023 is Rs 1,272.63 lacs. b. an amount of Rs. 345.27 lacs being the claim partially awarded in favour of the Company by the Commercial Court of Paris with respect to its claim relating to its erstwhile subsidiary Titagarh Wagons AFR, France (under liquidation). 6. The figures for the quarter ended March 31, 2023 are the balancing figures between audited figures in respect of the full financial year ended March 31, 2023 and the published year to date figures upto December 31, 2022. Other Expenses 768104000.00 Freight Rail Systems 7460794000.00 Passenger Rail Systems 1646793000.00 9107587000.00 9107587000.00 Freight Rail Systems 971963000.00 Passenger Rail Systems 63807000.00 1035770000.00 107493000.00 27768000.00 900509000.00 Freight Rail Systems 12692262000.00 Passenger Rail Systems 7040004000.00 19732266000.00 4688302000.00 24420568000.00 Freight Rail Systems 5532446000.00 Passenger Rail Systems 3391088000.00 8923534000.00 5181827000.00 14105361000.00 Remeasurement gains on defined benefit plans -47000.00 -47000.00 -12000.00 Fair Value in Cash Flow hedges 13760000.00 13760000.00 3463000.00