HONDAPOWER2023-04-012023-06-30 HONDAPOWER2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member HONDAPOWER2023-06-30 HONDAPOWER2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 522064 HONDAPOWER NOTLISTED Honda India Power Products Limited Equity 2023-04-01 2024-03-31 2023-08-10 2023-07-31 INR Lakhs First quarter 09:30:00 10:18:00 2023-08-10 2023-08-10 Not applicable Single segment Power Products 2023-04-01 2023-06-30 Unaudited Standalone 2099600000.00 75700000.00 2175300000.00 1343600000.00 313300000.00 -427900000.00 316300000.00 500000.00 50100000.00 351200000.00 1947100000.00 228200000.00 0.00 228200000.00 59800000.00 -600000.00 59200000.00 0.00 169000000.00 0.00 0.00 0.00 0.00 169000000.00 -100000.00 168900000.00 0.00 0.00 101400000.00 10 16.66 16.66 0.00 0.00 16.66 16.66 1. The above financial results of the Company have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards ( Ind AS ) as notified under the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules issued thereafter. The statutory auditors have issued unmodified review report on these results. 2. The above results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on August 10, 2023. 3. The Company is in the business of “Power Products” which is a single segment in accordance with Ind AS-108 Operating Segment notified pursuant to Companies (Accounting Standards) Rule, 2015. 4.The figures of the quarter ended March 31, 2023 are the balancing figures between the audited figures in respect of the relevant financial year and the published unaudited year to date figures up to the third quarter of the relevant financial year. 5. The results of product line testing done during the financial year 2021-22 were not in confirmation with required norms in case of USA, Canada, Australia, UK, countries in EU /EFTA. In case of USA and Canada, testing results exceeded the declarations on the products but same were within the required norms in respective countries. During the year ended 31 March 2023, the Company has provided a sum aggregating to Rs 1,750 Lacs towards repair and reimbursement of expenses towards inventory holding of non-confirming stock out of the sale made by the Company during financial year 2021-22 to its fellow subsidiaries in USA and Canada. As per company’s current estimate, no additional provision is required. The reimbursement of expense to one of the fellow subsidiaries, needs prior approval of shareholders, being related party transactions. In respect of the above matter, the regulatory cost, if any, cannot be ascertained reliably, therefore no provision has been made. Other Expenses 351200000.00 Remeasurement of post-employment benefit obligations -100000.00 -100000.00 0.00 0.00