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 NOTLSITED 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 Consolidated 8057680000.00 46440000.00 8104120000.00 5974580000.00 106130000.00 -55120000.00 496660000.00 22300000.00 137360000.00 850060000.00 7531970000.00 572150000.00 0.00 572150000.00 153260000.00 -1270000.00 151990000.00 0.00 420160000.00 0.00 0.00 0.00 0.00 420160000.00 -29600000.00 390560000.00 0.00 0.00 0.00 0.00 143640000.00 1 2.92 2.92 0.00 0.00 2.92 2.92 1. These financial results have been prepared in accordance with the recognition and measurement principles laid down in the 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. 3. During the quarter, the Comapny has 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., 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 accorderd its approval to execute the joint venture agreement between Inalfa and the Company, subject to the receipt of the requisite approvals, pursuant to which the shareholding of Inalfa and the Company will be in the ratio of 51:49 in accordance with the terms contained therein. The financial results for the quarter ended June 30, 2023 is the first consolidated financial results of the Company, hence there are no corresponding figures for the prior periods. 4. On July 14, 2023, the Company had incorporated a wholly owned subsidiary Gabriel Europe Engineering Centre ('G.E.E.C.') in Belgium to undertake research and developement of vehcile components. 5. As the Company's business activity falls within a single operating segement viz. auto compoenets and parts , no segment information is required to be disclosed. 6. The Code on Social Security, 2020 ('Code'), relating to employee benefits during employement and post-employemnt, recieved Indian Parliament approval and Presidenatial assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code will come into effcet has not been notified. The Company will assess the impact of the Code when it comes into affect and will record any realted impact in the period the Code becomes effective. Other Expenses 850060000.00 Remeasurement of post-employement benefit obligation -16890000.00 -16890000.00 -4250000.00 Net gains / (loss) on cash flow hedges -22670000.00 -22670000.00 -5710000.00