KERNEX2023-04-012023-06-30 KERNEX2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member KERNEX2023-06-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532686 KERNEX NOTLISTED Kernex Microsystems (India) Limited Equity 2023-04-01 2024-03-31 2023-08-13 2023-08-07 INR Lakhs First quarter 09:00:00 11:55:00 2023-08-13 2023-08-13 Not applicable Single segment Safety for Railway Equipments 2023-04-01 2023-06-30 Unaudited Consolidated 9627000.00 4664000.00 14291000.00 60430000.00 0.00 -98679000.00 24508000.00 2105000.00 6233000.00 28331000.00 22928000.00 -8637000.00 0.00 -8637000.00 0.00 756000.00 756000.00 0.00 -9393000.00 0.00 0.00 0.00 0.00 -9393000.00 -1442000.00 -10835000.00 -10275000.00 -560000.00 154594000.00 10 -0.66 -0.66 0.00 0.00 -0.66 -0.66 Notes: 1. The above un-audited Consolidated Financial Results were reviewed and recommended by the Audit Committee and are considered and approved by the Board of Directors at theirmeeting held on 13th August'2023. These results are as per Regulation 33 of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 as modified by Circular No.C1R/CFD/FAC/62/2016 dated 05th July'16. 2. The Company operates in one reportable segment Le., Safety Systems for Railways and hence segment reporting as per Ind AS-lOS is not applicable. 3. These financials results have been prepared in accordance with the Ind AS notified under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules 2015 as amended and other accounting principles generally accepted in India. 4. The Company's assessment of recoverability and impairment of certain financials assets, namely receivables, income tax assets, Margin Money / Security Deposits secured for customer guarantees under arbitration/negotiation as on 30th June' 2023 is subject to several management judgments and estimates that are based on prevailing conditions and circumstances as on the date of approval of these standalone financial statements. However, actual results may differ from these estimates as on the date of approval of these standalone financial statements due to the following reasons. a. Recoverability of income tax assets (TDS Receivables) for respective years will depend on the outcome of the assessment proceedings which are yet to be closed. Recoverability of MAT credit would depend on the Company ability to earn taxable profits in future before expiry of the time limit prescribed for carry forward of MAT Credit. b. The company has deposited margin money with banks for extending guarantees to customers per contracts which are under arbitration / negotiation the outcome of which may determine the recoverability thereof. 5. Figures for the previous periods have been regrouped/rearranged, wherever considered necessary, in line with the current period presentation. 7. The results for the quarter ended 30th June'2023 are also available on websites of BSE Limited and National Stock Exchange of India Limited and on the Company's Website Place Hyderabad Date 13th August 2023 Other Expenses 28331000.00 0.00 1442000.00