JKTYRE2023-04-012023-06-30 JKTYRE2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member JKTYRE2023-06-30 JKTYRE2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530007 JKTYRE NOTLISTED JK Tyre & Industries Limited Equity 2023-04-01 2024-03-31 2023-08-04 2023-07-27 INR Crores First quarter 10:00:00 12:25:00 2023-08-04 2023-08-04 Not applicable Single segment Tyre 2023-04-01 2023-06-30 Unaudited Standalone 24558100000.00 69500000.00 24627600000.00 13159100000.00 2380400000.00 547800000.00 1922500000.00 689800000.00 617900000.00 3789900000.00 23107400000.00 1520200000.00 4600000.00 1524800000.00 572100000.00 -48800000.00 523300000.00 0.00 1001500000.00 0.00 0.00 0.00 0.00 1001500000.00 -26300000.00 975200000.00 975200000.00 0.00 492500000.00 2 3.86 3.85 0.00 0.00 3.86 3.85 Notes: The Company has only one operating segment namely, 'Tyre'. *Exceptional items include foreign exchange gain of Rs. 2.70 crores and VRS Expense of Rs. 2.24 crores. * The Competition Commission of India (“CCI”) on 2nd February 2022 had released an Order dated 31st August 2018 for alleged contravention of provisions of the Competition Act, 2002 against the Company, certain other Tyre manufacturers and Automotive Tyre Manufacturers Association. CCI had imposed a penalty of Rs. 309.95 crores on the Company. The Company had filed an Appeal before the Hon’ble National Company Law Appellate Tribunal against the said CCI Order. The NCLAT, through an order dated 1st December 2022, has disposed of the aforementioned appeal, after taking note of the multiple errors in the said CCI Order dated 31st August 2018, and remanded the matter back to the CCI, to re-examine the matter on merits and also to consider reviewing the penalty (if violation is established) in accordance with the provisions of the Competition Act. CCI has since filed an appeal before Hon’ble Supreme Court of India against NCLAT order dated 1st December 2022. Based on legal advice, the Company continues to believe that it has a strong case, and accordingly, no provision has been made in the accounts. The Company strongly reiterates that there has been no wrongdoing on the part of the Company and reassures all the stakeholders that the Company has never indulged in or was part of any cartel or undertook any anti-competitive practices. *The above results have been reviewed by the Audit Committee in the meeting held on 3rd August, 2023. Subsequently, the same were approved by the Board of Directors at the meeting held on 4th August, 2023. The auditors of the company have carried out a Limited Review of the same. * Figures for the previous periods have been regrouped / rearranged, wherever necessary.For JK Tyre & Industries Ltd.Raghupati Singhania, Chairman & Managing Director Udaipur, 4th August, 2023 JK Tyre adjudged 'Best in Class' ESG rating from CareEdge Other Expenses 3789900000.00 Re-measurement losses on Defined Benefit Plans -40500000.00 -40500000.00 -14200000.00 0.00