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:OneReportableSegmentRevenue01Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue03Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults03Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets03Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member KIRLOSENG2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member KIRLOSENG2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member KIRLOSENG2023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss03Member KIRLOSENG2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member 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 Multi segment 2023-04-01 2023-06-30 Unaudited Consolidated 15433700000.00 84000000.00 15517700000.00 7267000000.00 1979500000.00 263800000.00 893700000.00 764600000.00 268000000.00 2387900000.00 13824500000.00 1693200000.00 0.00 1693200000.00 384400000.00 60400000.00 444800000.00 0.00 1248400000.00 0.00 0.00 0.00 6900000.00 1255300000.00 -7300000.00 1248000000.00 1255300000.00 0.00 1248000000.00 0.00 289700000.00 2 8.67 8.65 0.00 0.00 8.67 8.65 Notes related to overall results 1. 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. 2. Consequent to the approval of the Board of Directors of the Parent Company in its meeting held on 19th May 2023, the Parent 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 Parent Company. 3. 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 Parent Company) and La-Gajjar Machineries Private Limited (LGM/Transferee Company, a wholly-owned subsidiary of the Parent 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. 4. The Consolidated Financials Results includes the results of following subsidiaries :- i) La-Gajjar Machineries Private Limited ( LGM ) ii) Arka Financial Holdings Private Limited ( AFHPL ) iii) Kirloskar Americas Corporation (formerly known as KOEL Americas Corp.) iv) Optiqua Pipes and Electricals Private Limited (wholly owned subsidiary of LGM) v) Arka Fincap Limited (subsidiary of AFHPL) vi) Arka Investment Advisory Services Private Limited ( AIASPL ) (wholly owned subsidiary of AFHPL) Optiqua Pipes and Electricals Private Limited's interest of 49% in its Joint Venture viz. ESVA Pumps India Private Limited (ESVA) is accounted for using equity method. 5. '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 Parent Company. 6. 'The figures for the previous quarter/year have been regrouped wherever required to make them comparable with those of the current quarter. 7. The above consolidated financial 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 Parent Company in their respective meetings held on 10th August 2023 and are subjected to a Limited Review by the Statutory Auditors of the Parent Company. Notes related to results (specifically profit and loss) : 8. Amounts reported in Other Expenses as Expenses capitalised is a separate line item in published results, however as there is no separate placeholder in XBRL hence it is been shown under Total Other Expenses. 9. In published results,the line item share of net profit/(loss) of joint venture accounted for using the equity method is reported before Profit before exceptional items and tax & hence there is a differance in amount in reported in row no 5 & 14 in XBRL form. Expenses capitalised -66700000.00 Other expenses 2454600000.00 B2B 11056400000.00 B2C 3095000000.00 Financial services 1282300000.00 15433700000.00 15433700000.00 B2B 1323900000.00 B2C 173800000.00 Financial services 214900000.00 1712600000.00 28800000.00 -16300000.00 Notes- 1. The Group operates in the business of manufacturing of Engines and Pumps 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 Parent Company is required to disclose segment information only in the Consolidated Financial Results. At consolidated level, the Group has identified three operating reportable segments namely B2B, B2C and Financial Services. The identification of operating segments is consistent with performance assessment and resource allocation by the management. 2. As per Ind AS 108 Operating Segments , the Group has reported 'Segment information' as described below:- A) Business to Business (B2B) - This segment comprises of production, sales and services of Engines, Gensets, Electric Motors, Organic Waste Composter and spares parts of these products and oils. B) Business to Customers (B2C) - This segment comprises of production, assembly, sales and services of Diesel or Electric operated Pumps & pumpsets, accessories and allied products and Farm Machines like power tillers, power weeder, rotary tiller, implements, handheld tools, etc. C) Financial Services - This segment includes operations of rendering financial services through wholly owned Non-Banking Financial Company (NBFC) subsidiary Arka Financial Holdings Private Limited, NBFC step down subsidiary Arka Fincap Limited and a step down subsidiary Arka Investment Advisory Services Private Limited respectively. D) Unallocable - Unallocable comprises of assets, liabilities, revenue and expenses which are not directly related with any of the operating segments. Explanatory notes for numbers reported in XBRL : i) The profit for Financial Services segment reported under Segment Results is before tax after interest. ii) The Finance Costs under Segment Results includes finance cost other than the interest pertaining to the Financial Services segment iii). The disaggregation of finance cost for June 23 is as below: Financial services :- 73.58 Cr Other than Financial services:- 2.88 Cr 1700100000.00 B2B 14018000000.00 B2C 6442800000.00 Financial services 42030300000.00 62491100000.00 4356400000.00 66847500000.00 B2B 7883100000.00 B2C 2605000000.00 Financial services 30714600000.00 41202700000.00 1343300000.00 42546000000.00 Re-measurement gain / (loss) on defined benefit plans -9900000.00 Net gain / (loss) on equity instruments measured at fair value through other comprehensive income 0.00 Share of other comprehensive income of joint venture accounted for using the equity method (net of tax) 0.00 -9900000.00 -2500000.00 Exchange differences in translating the financial statements of a foreign operation 100000.00 100000.00 0.00