KIRLOSENG2023-04-012023-06-30 KIRLOSENG2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneOperatingExpenses02Member KIRLOSENG2023-06-30 KIRLOSENG2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 533293 KIRLOSENG NOTLISTED Kirloskar Oil Engines Limited Equity 2023-04-01 2024-03-31 2023-08-10 2023-07-27 INR Crores First quarter 14:15:00 17:10:00 2023-08-10 2023-08-10 Not applicable Single segment B2B & B2C 2023-04-01 2023-06-30 Unaudited Standalone 12647000000.00 84100000.00 12731100000.00 6339100000.00 2063000000.00 251300000.00 657700000.00 13500000.00 213000000.00 1805700000.00 11343300000.00 1387800000.00 0.00 1387800000.00 338500000.00 16900000.00 355400000.00 0.00 1032400000.00 0.00 0.00 0.00 0.00 1032400000.00 -6500000.00 1025900000.00 0.00 0.00 289700000.00 2 7.13 7.11 0.00 0.00 7.13 7.11 Notes related to overall results 1. The Company mainly operates in the business of manufacturing of Engines wherein from the quarter ended 31st December 2022,two customer based reportable segments have been identified namely - Business to Business ( B2B ) and Business to Customer ( B2C ). However, as per para 4 of Ind AS 108 “Operating Segments”, the Company is required to disclose segment information only in the Consolidated Financial Results. Accordingly, disclosure of this information has been included under Consolidated Financial Results forthe quarter ended 30th June 2023. The corresponding information for earlier periods is also restated as per para 29 of Ind AS 108. 2. The above statement has been prepared in accordance with The Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under section 133 of The Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 3. Consequent to the approval of the Board of Directors in its meeting held on 19th May 2023, the Company has during the quarter ended 30th June 2023 invested Rs. 36.05 Crores in the Rights Issue of 3,60,48,524 equity shares having face value of Rs. 10/- each of Arka Financial Holdings Private Limited (AFHPL), a wholly owned subsidiary, as per payment terms covered in the Letter of Offer issued by AFHPL to the Company. 4. During the quarter ended 30th June 2023, the Company has allotted 93,657 fully paid-up equity shares of Rs. 2/- each to the option grantees upon exercise of Employee Stock Options pursuant to ‘Kirloskar Oil Engines Limited – Employee Stock Option Plan 2019' ('KOEL ESOP 2019'). Consequent to aforesaid allotment, the paid-up equity share capital of the Company has increased from 14,47,43,637 fully paid-up equity shares of Rs. 2/- each to 14,48,37,294 fully paid-up equity shares of Rs. 2/- each. 5. Subsequent to the quarter ended 30th June 2023, the Board of Directors of the Optiqua Pipes and Electricals Private Limited (OPEPL/Transferor Company, a step-down subsidiary of the Company) and La-Gajjar Machineries Private Limited (LGM/Transferee Company, a wholly-owned subsidiary of the Company), at their respective meetings held on 3rd July 2023, have given consent for the Scheme of Amalgamation between OPEPL and LGM under Section 233 and other applicable provisions of the Companies Act, 2013. The Scheme is subject to the necessary statutory and regulatory approvals including the shareholders and creditors of each of the companies. 6. The figures for the quarter ended 31st March 2023 are balancing figures between audited figures in respect of full financial year ended 31st March 2023 and the published year to date figures upto the third quarter ended 31st December 2022 which were subjected to Limited Review by the Statutory Auditors of the Company. 7. The figures for the previous quarters/year have been regrouped wherever required to make them comparable with those of the current quarter. 8. The above results for the quarter ended 30th June 2023 are reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 10th August 2023 and are subjected to a Limited Review by the Statutory Auditors of the company. 9.Notes related to results(specifically profit and loss): Amounts reported in other expenses as expenses capitalised is seperate line item in published results, however as there is no seperate placeholder in XBRL hence it is been shown under Total Other Expenses. Expenses capitalised -66700000.00 Other Expenses 1872400000.00 1. The Company mainly operates in the business of manufacturing of Engines wherein from the quarter ended 31st December 2022, two customer based reportable segments have been identified namely - Business to Business ( B2B ) and Business to Customer ( B2C ). However, as per para 4 of Ind AS 108 “Operating Segments”, the Company is required to disclose segment information only in the Consolidated Financial Results. Accordingly, disclosure of this information has been included under Consolidated Financial Results for the quarter ended 30th June 2023. The corresponding information for earlier periods is also restated as per para 29 of Ind AS 108. Re-measurement gain / (loss) on defined benefit plans -8700000.00 Net gain / (loss) on equity instruments measured at FVOCI 0.00 -8700000.00 -2200000.00 0.00