AIAENG2023-04-012023-06-30 AIAENG2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member AIAENG2023-04-012023-06-30in-bse-fin:OneOperatingExpenses02Member AIAENG2023-04-012023-06-30in-bse-fin:OneOperatingExpenses03Member AIAENG2023-06-30 AIAENG2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member AIAENG2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532683 AIAENG NOTLISTED AIA Engineering Limited Equity 2023-04-01 2024-03-31 2023-08-02 2023-07-24 INR Lakhs First quarter 11:15:00 13:20:00 2023-08-02 2023-08-02 Not applicable Single segment Manufacturing of High Chrome Mill Internals 2023-04-01 2023-06-30 Unaudited Consolidated 12395855000.00 595118000.00 12990973000.00 4924371000.00 0.00 489514000.00 406339000.00 74968000.00 242455000.00 3145292000.00 9282939000.00 3708034000.00 0.00 3708034000.00 931629000.00 51177000.00 982806000.00 0.00 2725228000.00 0.00 0.00 0.00 0.00 2725228000.00 -14355000.00 2710873000.00 2723415000.00 1813000.00 2708990000.00 1883000.00 188641000.00 2 28.87 28.87 0.00 0.00 28.87 28.87 Notes: i. The above unaudited consolidated financial results for the quarter ended 30 June 2023 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on 2 August 2023. These unaudited consolidated financial results have been subjected to Limited review by the statutory auditors of the Company. The statutory auditors have expressed an unmodified conclusion. ii. The unaudited 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. The unaudited 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. iv. The Group has only one reportable primary business segment as per Ind AS 108 - Operating Segments , i.e., Manufacturing of High Chrome Mill Internals. v. During the quarter ended 30 June 2023, the Group has created a provision of Rs. 830.62 lakhs towards certain withholding taxes recoverable in an overseas jurisdiction. vi. Figures of the quarter ended 31 March 2023 as reported in these unaudited consolidated financial result are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the previous financial year. Also, the figures up to the end of third quarter of the previous financial year had only been reviewed and not subjected to audit. vii. Subsequent to the end of the quarter, the Company along with its subsidiary, Vega Industries (Middle East) FZC, UAE, (“VEGA ME”) has acquired 100% shares of Vega Industries Peru Limited (“Vegu Peru”) on 1 August 2023 (in the ratio of 1% by the Company and 99% by VEGA ME) for a total consideration of USD 1,000. Vega Peru is a newly incorporated company in Peru which shall be engaged in trading of goods manufactured by the Company. Freight Outward Expenses 680695000.00 Others 1525249000.00 Power and Fuel 939348000.00 Items that will not be reclassified to statement of profit and loss 3971000.00 3971000.00 999000.00 Items that will be reclassified to statement of profit and loss -1639000.00 -1639000.00 15688000.00