PITTIENG2023-04-012023-06-30 PITTIENG2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member PITTIENG2023-06-30 PITTIENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member PITTIENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member PITTIENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member PITTIENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member PITTIENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member PITTIENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member PITTIENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member PITTIENG2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member PITTIENG2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member PITTIENG2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member PITTIENG2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member PITTIENG2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 513519 PITTIENG NOTLISTED Pitti Engineering Limited Equity 2023-04-01 2024-03-31 2023-08-14 2023-08-01 INR Lakhs First quarter 16:00:00 17:40:00 2023-08-14 2023-08-14 Not applicable Geographical 2023-04-01 2023-06-30 Unaudited Consolidated 2897867000.00 9254000.00 2907121000.00 1864083000.00 0.00 155382000.00 228766000.00 116089000.00 131593000.00 225367000.00 2721280000.00 185841000.00 0.00 185841000.00 60108000.00 -13919000.00 46189000.00 0.00 139652000.00 0.00 0.00 0.00 0.00 139652000.00 -1369000.00 138283000.00 0.00 0.00 0.00 0.00 160292000.00 5 4.36 4.36 0.00 0.00 4.36 4.36 1. The above financial results for the quarter ended 30th June 2023 has been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 14th August 2023. 2. The consolidated financial results include results of the following: a. Holding Company – Pitti Engineering Limited b. Wholly owned subsidiary – Pitti Rail and Engineering Components Limited 3. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in terms of Regulations issued by Securities and Exchange Board of India (SEBI). 4. The Board of Directors at their meeting held on 15th June 2023 considered and approved the Scheme of Amalgamation among Pitti Castings Private Limited and Pitti Rail and Engineering Components Limited and Pitti Engineering Limited and their respective shareholders and creditors under Sections 230 to 232 of the Companies Act, 2013 and the rules framed thereunder (Scheme). The Scheme is subject to the receipt of necessary statutory and regulatory approvals including approval of Stock Exchanges, the Securities and Exchange Board of India, the respective shareholders and creditors of respective companies and National Company Law Tribunal. The Company has filed the Scheme with Stock Exchanges on 26th June 2023. Currently, the Scheme is pending with the Stock Exchanges / SEBI for their No-objection Letter as required under Regulation 37 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Scheme would become effective from the appointed date after receipt of all requisite approvals as mentioned in the Scheme. Pending receipt of necessary approvals, no effect of the Scheme has been given in the financial results for the quarter ended 30th June 2023. 5. The Company has only one business segment, which is manufacturing of engineering products of Iron and Steel, hence the reporting is done as a single segment. For geographical segment revenue and assets please refer point no.5 of the financial results submitted to the stock exchanges. 6. Figures of the previous quarters/year have been regrouped and rearranged wherever necessary to correspond with current year's presentation. Other Expenses 225367000.00 India 1987488000.00 Outside India 919633000.00 2907121000.00 2907121000.00 India 0.00 Outside India 0.00 0.00 0.00 India 8945797000.00 Outside India 1193669000.00 10139466000.00 India 0.00 Outside India 0.00 0.00 Remeasurement of the net defined benefit liability / assets -1844000.00 Change in fair value of investments 15000.00 -1829000.00 -460000.00 0.00