GABRIEL2023-04-012023-06-30 GABRIEL2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member GABRIEL2023-06-30 GABRIEL2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GABRIEL2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 505714 GABRIEL NOTLISTED Gabriel India Limited Equity 2023-04-01 2024-03-31 2023-08-14 2023-08-03 INR Millions First quarter 11:25:00 13:05:00 2023-08-14 2023-08-14 Not applicable Single segment Auto Components and Parts 2023-04-01 2023-06-30 Unaudited Standalone 8057680000.00 46470000.00 8104150000.00 5974580000.00 106130000.00 -55120000.00 496660000.00 22300000.00 137360000.00 845360000.00 7527270000.00 576880000.00 0.00 576880000.00 153260000.00 -1270000.00 151990000.00 0.00 424890000.00 0.00 0.00 0.00 0.00 424890000.00 -29600000.00 395290000.00 0.00 0.00 143640000.00 1 2.96 2.96 0.00 0.00 2.96 2.96 1. These Financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 Interim Financial Reporting (IND AS 34), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles. 2. The above results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on August 14, 2023. The Statutory Auditors have expressed an unmodified report on the results. 3. During the current quarter, the Company had accquired 100% equity shares of Inalfa Gabriel Sunroof Systems Private Limited ('IGSSPL') and entered into a technical collaboaration agreement with Inalfa Roof Systems Group B.V., of Netherlands ('Inalfa') to undertake the activites of manufacture and sale of the automotive sunroofs through IGSSPL. The Board of Directors of the Company has also accorded its approval to execute the joint venture agreement between Inalfa and the Company, subject to receipt of the requisite approvals, pursuant to which the shareholding of Inalfa and the Company in IGSSPL will be in the ratio of 51:49 in accordance with the terms contained therein. 4.On July 14, 2023, the Company has incorporated a wholly owned subsidiary Gabriel Europe Engineering Centre ('G.E.E.C.') in Belgium to undertake research and development of vehicle components. 5.As the Company's business activity falls within a single operating segment viz. auto components and parts , no segment information is required to be disclosed. 6.The figures for the quarter ended March 31, 2023 are derived figures between the audited figures for the year ended March 31, 2023 and published figures of nine months ended December 31, 2022, which were subjected to limited review. 7.The Code on Social Security, 2020 ('Code'), relating to employee benefits during the employement and post- employement, recieved Indian Parliament approval and Presidential assent in September 2020. The Code has been published in the Gazatte of India. However, the data on which the Code will come into effect has not been notified. The Company will assess the impact of the Code when it comes into effect and will record any related impact in the period the Code becomes effective. Other Expenses 845360000.00 Remasurement of Post- employement benefit obligations -16890000.00 -16890000.00 -4250000.00 Net gains / (loss) on cash flow hedges -22670000.00 -22670000.00 -5710000.00