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<in-bse-fin:StartTimeOfBoardMeeting contextRef="OneD">10:00:00</in-bse-fin:StartTimeOfBoardMeeting>
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<in-bse-fin:DebtEquityRatio contextRef="OneD" unitRef="pure" decimals="INF">0.00</in-bse-fin:DebtEquityRatio>
<in-bse-fin:DebtServiceCoverageRatio contextRef="OneD" unitRef="pure" decimals="INF">0.00</in-bse-fin:DebtServiceCoverageRatio>
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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The operations of the Company relate to only one segment viz. Electrical and Electronic products for two/three wheelers and engines.      2. The standalone and consolidated financial results have been reviewed and recommended by the Audit Committee at their meeting held on 9 August 2023 and approved by the Board of Directors at their meeting held on 10 August 2023. The standalone and consolidated financial results are prepared in accordance with Regulation 33 of SEBI (Listing Obligations and Disclosures Requirement), 2015 (as amended). These results have been subjected to limited review by the Statutory Auditors of the Company.      3.During the period the equity shares held in the Company by Mahle Electric Drives Japan Corporation and Mahle Holding (India) Private Limited has been purchased by Lucas Indian Service Limited on 26 June 2023. Consequently, the shareholding percentage of Lucas Indian Service Limited in the Company has increased from 50.8% to 70.3%.      4.The figures for the quarter ended 31 March 2023 represents the difference between the audited figure in respect of full financial year ended 31 March 2023 and published figure for the nine months ended 31 December 2022.       5.Exceptional item for the quarter and year ended 31 March 2023 in the standalone financial results represented the impairment of investment in subsidiary amounting to Rs. 803 Lakhs.      6.Other income in the standalone financial results for the quarter ended 30 June 2022 included a non-recurring dividend of Rs.1,800 lakhs from the subsidiary in Indonesia.      7.Earning per share is not annualised for the quarter ended 30 June 2023 and 31 March 2022, 30 June 22.      8.The quarterly / yearly results are displayed in the corporate website www.indianippon.com.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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