BHARATFORG2023-04-012023-06-30 BHARATFORG2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member BHARATFORG2023-06-30 BHARATFORG2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member BHARATFORG2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member BHARATFORG2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member BHARATFORG2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member BHARATFORG2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member BHARATFORG2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member BHARATFORG2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member BHARATFORG2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member BHARATFORG2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member BHARATFORG2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member BHARATFORG2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member BHARATFORG2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member BHARATFORG2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member BHARATFORG2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500493 BHARATFORG NA Bharat Forge Limited Equity 2023-04-01 2024-03-31 2023-08-09 2023-07-26 INR Millions First quarter 10:30:00 12:40:00 2023-08-09 2023-08-09 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Consolidated 38772690000.00 641560000.00 39414250000.00 17849190000.00 352650000.00 578650000.00 4725950000.00 1144990000.00 2060900000.00 9312500000.00 36024830000.00 3389420000.00 0.00 3389420000.00 1252910000.00 24600000.00 1277510000.00 0.00 2111910000.00 0.00 0.00 0.00 25390000.00 2137300000.00 741720000.00 2879020000.00 2234040000.00 -96740000.00 2975810000.00 -96790000.00 931270000.00 2 4.80 4.80 0.00 0.00 4.80 4.80 0.00 0.00 0.00 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on August 09, 2023. 2. Exceptional items in the standalone and consolidated financial results for the quarter ended June 30, 2022 and March 31, 2023 and year ended March 31, 2023 are towards expenses in relation to Voluntary Retirement Scheme (VRS) declared by the Company for its employees in April 2022, July 2022 and January 2023 and employee separation costs for certain overseas subsidiaries.Exceptional items in the standalone financial results for the quarter ended March 31, 2023 includes INR 2.82 million loss on transfer of investment in Aeron Systems Private Limited and for year ended March 31,2023 INR 39.99 million net surplus on transfer of investment in Analogic Controls India Limited to Kalyani Strategic systems and the resultant reversal of impairment provision. This has no impact on consolidated financial results. 3. On January 13, 2023, the Company declared a Voluntary Retirement Scheme( VRS) for its employees at Mundhwa Plant, which is extended up to August 31, 2023. 4. The figures pertaining to quarter ended March 31, 2023 are the derived figures between the audited amounts for the year ended March 31, 2023 and unaudited amounts published for the nine months ended December 31, 2022. 5. On July 27, 2023, J S Auto Cast Foundry India Private limited ( JS Auto ), step-down subsidiary of the Company has entered into Power Purchase Agreement and Share Purchase Agreement for aquiring 26% stake in Ratnakar Energy Private Limited ( REPL ) amounting to INR 13 million for the purchase of solar power under a group captive scheme as per the Electircity Act, 2003 and applicable rules there under. 6. On December 31, 2022, J S Auto Cast Foundry India Private limited ( JS Auto ), step-down subsidiary of the Company, has entered into Business Transfer Agreement with Indo Shell Mould limited ( ISML ) for acquiring their SEZ Unit in SIPCOT, Erode which supplies fully machined critical castings to marquee customers in the automotive industry. The closing of the transaction completed on July 1, 2023. other expenses 9312500000.00 Forgings 34824210000.00 Others 4652070000.00 39476280000.00 703590000.00 38772690000.00 Forgings 4222850000.00 Others 343720000.00 4566570000.00 1144990000.00 6770000.00 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on August 09, 2023. 2. Exceptional items in the standalone and consolidated financial results for the quarter ended June 30, 2022 and March 31, 2023 and year ended March 31, 2023 are towards expenses in relation to Voluntary Retirement Scheme (VRS) declared by the Company for its employees in April 2022, July 2022 and January 2023 and employee separation costs for certain overseas subsidiaries.Exceptional items in the standalone financial results for the quarter ended March 31, 2023 includes INR 2.82 million loss on transfer of investment in Aeron Systems Private Limited and for year ended March 31,2023 INR 39.99 million net surplus on transfer of investment in Analogic Controls India Limited to Kalyani Strategic systems and the resultant reversal of impairment provision. This has no impact on consolidated financial results. 3. On January 13, 2023, the Company declared a Voluntary Retirement Scheme( VRS) for its employees at Mundhwa Plant, which is extended up to August 31, 2023. 4. The figures pertaining to quarter ended March 31, 2023 are the derived figures between the audited amounts for the year ended March 31, 2023 and unaudited amounts published for the nine months ended December 31, 2022. 5. On July 27, 2023, J S Auto Cast Foundry India Private limited ( JS Auto ), step-down subsidiary of the Company has entered into Power Purchase Agreement and Share Purchase Agreement for aquiring 26% stake in Ratnakar Energy Private Limited ( REPL ) amounting to INR 13 million for the purchase of solar power under a group captive scheme as per the Electircity Act, 2003 and applicable rules there under. 6. On December 31, 2022, J S Auto Cast Foundry India Private limited ( JS Auto ), step-down subsidiary of the Company, has entered into Business Transfer Agreement with Indo Shell Mould limited ( ISML ) for acquiring their SEZ Unit in SIPCOT, Erode which supplies fully machined critical castings to marquee customers in the automotive industry. The closing of the transaction completed on July 1, 2023. 3414810000.00 Forgings 123896700000.00 Others 19879480000.00 143776180000.00 45847580000.00 189623760000.00 Forgings 27532910000.00 Others 12003770000.00 39536680000.00 5069810000.00 44606490000.00 Re-measurement gains on defined benefit plans -46340000.00 Net gain on FVTOCI equity securities 160880000.00 114540000.00 -23580000.00 Net movement on cash flow hedges 812020000.00 Foreign Currency Translation reserve -5060000.00 806960000.00 203360000.00