JKTYRE2023-04-012023-06-30 JKTYRE2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member JKTYRE2023-06-30 JKTYRE2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member JKTYRE2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member JKTYRE2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue03Member JKTYRE2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member JKTYRE2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member JKTYRE2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults03Member JKTYRE2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member JKTYRE2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member JKTYRE2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets03Member JKTYRE2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member JKTYRE2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member JKTYRE2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member JKTYRE2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member JKTYRE2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member JKTYRE2023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member JKTYRE2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member JKTYRE2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member 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 Geographical 2023-04-01 2023-06-30 Unaudited Consolidated 37180800000.00 83300000.00 37264100000.00 21718900000.00 400400000.00 1212900000.00 3359300000.00 1222400000.00 1058100000.00 5918100000.00 34890100000.00 2374000000.00 43500000.00 2417500000.00 737700000.00 86400000.00 824100000.00 0.00 1593400000.00 0.00 0.00 0.00 -7500000.00 1585900000.00 269100000.00 1855000000.00 1538700000.00 47200000.00 1807800000.00 47200000.00 492500000.00 2 5.93 5.91 0.00 0.00 5.93 5.91 Other Expenses 5918100000.00 India 31654500000.00 Mexico 6832900000.00 Others 0.00 38487400000.00 1306600000.00 37180800000.00 India 3171800000.00 Mexico 428600000.00 Others -4000000.00 3596400000.00 1222400000.00 -43500000.00 Notes:*Standalone financial information of the Company: (Rs. in Crores) PARTICULARSQuarter EndedYear Ended 30.06.2023 31.03.2023 30.06.2022 31.03.2023 (Unaudited) (Audited) (Unaudited)(Audited) Turnover 2462.76 2403.90 2339.18 9649.44 Operating Profit (PBIDT) 282.79 231.20 176.66 806.33 Profit before Tax 152.48 98.20 39.43 270.07 Profit after Tax 100.15 67.32 26.67 183.77 Standalone Financial Results for the Quarter ended 30.06.2023 can be viewed on websites of the Company, National Stock Exchange of India Ltd. and BSE Ltd. at www.jktyre.com, www.nseindia.com and www.bseindia.com respectively. *The Company operates its business through three operating segments, representing our business on the basis of geographies which are India, Mexico and Others. * Exceptional items include foreign exchange fluctuation gain of Rs. 6.59 crores and VRS expense 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 2417500000.00 India 107305700000.00 Mexico 18559800000.00 Others 605500000.00 126471000000.00 0.00 126471000000.00 India 78153300000.00 Mexico 11474600000.00 Others 8300000.00 89636200000.00 0.00 89636200000.00 Re-measurement losses on Defined Benefit Plans -40700000.00 -40700000.00 -14300000.00 Exchange Differences on Translating the Financial Statements of Foreign Operations 295500000.00 295500000.00 0.00