CRAFTSMAN2023-07-012023-09-30 CRAFTSMAN2023-07-012023-09-30 CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member CRAFTSMAN2023-09-30 CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue03Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue03Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults03Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults03Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets03Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member CRAFTSMAN2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member CRAFTSMAN2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member CRAFTSMAN2023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member CRAFTSMAN2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543276 CRAFTSMAN NIL Craftsman Automation Limited Equity 2023-04-01 2024-03-31 2023-10-30 2023-10-03 INR Lakhs Half yearly 11:20:00 13:00:00 2023-10-30 2023-10-30 true Cash Flow Indirect Not applicable Multi segment 2023-07-01 2023-09-30 Unaudited Consolidated 11790600000.00 47200000.00 11837800000.00 6426500000.00 0.00 -156400000.00 722300000.00 415800000.00 668300000.00 2423200000.00 10499700000.00 1338100000.00 0.00 1338100000.00 326200000.00 -30600000.00 295600000.00 0.00 1042500000.00 0.00 0.00 0.00 2400000.00 1044900000.00 -13800000.00 1031100000.00 931700000.00 99400000.00 105600000.00 5 44.75 44.75 0.00 0.00 44.75 44.75 Notes: 1. The above standalone financial results of Craftsman Automation Limited (‘the Company’) and consolidated financial results of the Company, its subsidiaries and a joint venture (together referred to as ‘Group’) for the quarter and half year ended 30 September 2023 are drawn up in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI (LODR) Regulations'). These results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on 30 October 2023. The above financial results were reviewed by the statutory auditors, who have issued unmodified review conclusion on these financial results. 2. The Company has reported segment information as per Indian Accounting Standard 108 Operating Segments (IND AS 108) read with SEBI’s circular CIR/CFD/FAC/62/2016 dated 05 July 2016. Accordingly, the Company has identified the reportable segments based on end consumption of the products sold or services rendered and is consistent with performance assessment and resource allocation by the management. Segment revenue comprises sales and operational income allocable specifically to a segment. Un-allocable expenditure mainly includes corporate expenses, finance cost and other expenses. Un-allocable income primarily includes other income. 3. The above consolidated results include the results and other information of DR Axion India Private Limited, India Subsidiary Craftsman Europe BV, the Netherlands Subsidiary Carl Stahl Craftsman Enterprises Private Limited, India Joint Venture 4. The Code on Social Security 2020 (the 'Code') relating to employee benefits during employment and post-employment received Presidential assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code will come into effect has not been notified and the final rules/interpretation have not yet been issued. The Company will assess the impact of the Code when it comes into effect and will record any related impact in the period in which the Code becomes effective. 5. Figures for the previous year / periods have been regrouped / reclassified to conform to the figures presented in the current periods. The Company acquired 76% of the equity share capital of DR Axion India Private Limited on 01st February 2023. Accordingly, the consolidated financial results for the quarter and half year ended 30th September 2023 is not comparable with quarter and half year ended 30th September 2022 and year ended 31st March 2023 to that extent. Note to Cash Flow Statement in XBRL Please note that the Cash Flow Statement for the half year ended 30th September,2023. In the XBRL utility, the particulars are shown as 6 months ended but the Date of start of reporting period and date of end of reporting period is auto filled as 01.07.2023 to 30.09.2023 which is uneditable. Please be informed that the Cash Flow statement is applicable for half year and the figures are provided for the period 01.04.2023 to 30.09.2023. Multi segment 2023-04-01 2023-09-30 Unaudited Consolidated 22166900000.00 84300000.00 22251200000.00 12130300000.00 0.00 -411200000.00 1392000000.00 839700000.00 1351200000.00 4538500000.00 19840500000.00 2410700000.00 0.00 2410700000.00 646100000.00 -84400000.00 561700000.00 0.00 1849000000.00 0.00 0.00 0.00 4300000.00 1853300000.00 3700000.00 1857000000.00 1694600000.00 162400000.00 105600000.00 5 80.00 80.00 0.00 0.00 80.00 80.00 Other Expenses 2423200000.00 Other Expenses 4538500000.00 772400000.00 19512500000.00 1543300000.00 0.00 1899900000.00 1347100000.00 0.00 0.00 32600000.00 6100000.00 0.00 0.00 425000000.00 431100000.00 0.00 763200000.00 25529700000.00 9652300000.00 0.00 6158500000.00 224200000.00 172400000.00 0.00 106900000.00 6662000000.00 624000000.00 16938300000.00 42468000000.00 105600000.00 15120200000.00 15225800000.00 15998200000.00 9819600000.00 0.00 1124000000.00 10943600000.00 4600000.00 1329600000.00 0.00 0.00 12277800000.00 3939100000.00 7563400000.00 1437000000.00 12939500000.00 1030900000.00 83900000.00 137700000.00 0.00 14192000000.00 0.00 0.00 26469800000.00 42468000000.00 Notes: 1. The above standalone financial results of Craftsman Automation Limited (‘the Company’) and consolidated financial results of the Company, its subsidiaries and a joint venture (together referred to as ‘Group’) for the quarter and half year ended 30 September 2023 are drawn up in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI (LODR) Regulations'). These results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on 30 October 2023. The above financial results were reviewed by the statutory auditors, who have issued unmodified review conclusion on these financial results. 2. The Company has reported segment information as per Indian Accounting Standard 108 Operating Segments (IND AS 108) read with SEBI’s circular CIR/CFD/FAC/62/2016 dated 05 July 2016. Accordingly, the Company has identified the reportable segments based on end consumption of the products sold or services rendered and is consistent with performance assessment and resource allocation by the management. Segment revenue comprises sales and operational income allocable specifically to a segment. Un-allocable expenditure mainly includes corporate expenses, finance cost and other expenses. Un-allocable income primarily includes other income. 3. The above consolidated results include the results and other information of DR Axion India Private Limited, India Subsidiary Craftsman Europe BV, the Netherlands Subsidiary Carl Stahl Craftsman Enterprises Private Limited, India Joint Venture 4. The Code on Social Security 2020 (the 'Code') relating to employee benefits during employment and post-employment received Presidential assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code will come into effect has not been notified and the final rules/interpretation have not yet been issued. The Company will assess the impact of the Code when it comes into effect and will record any related impact in the period in which the Code becomes effective. 5. Figures for the previous year / periods have been regrouped / reclassified to conform to the figures presented in the current periods. The Company acquired 76% of the equity share capital of DR Axion India Private Limited on 01st February 2023. Accordingly, the consolidated financial results for the quarter and half year ended 30th September 2023 is not comparable with quarter and half year ended 30th September 2022 and year ended 31st March 2023 to that extent. Aluminium Products 5885800000.00 Automotive - Powertrain & Others 3937900000.00 Industrial & Engineering 1966900000.00 Aluminium Products 10765000000.00 Automotive - Powertrain & Others 7761900000.00 Industrial & Engineering 3640000000.00 11790600000.00 22166900000.00 11790600000.00 22166900000.00 Aluminium Products 896700000.00 Automotive - Powertrain & Others 773200000.00 Industrial & Engineering 202700000.00 Aluminium Products 1563500000.00 Automotive - Powertrain & Others 1611300000.00 Industrial & Engineering 313300000.00 1872600000.00 3488100000.00 415800000.00 839700000.00 116300000.00 Notes: 1. The above standalone financial results of Craftsman Automation Limited (‘the Company’) and consolidated financial results of the Company, its subsidiaries and a joint venture (together referred to as ‘Group’) for the quarter and half year ended 30 September 2023 are drawn up in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI (LODR) Regulations'). These results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on 30 October 2023. The above financial results were reviewed by the statutory auditors, who have issued unmodified review conclusion on these financial results. 2. The Company has reported segment information as per Indian Accounting Standard 108 Operating Segments (IND AS 108) read with SEBI’s circular CIR/CFD/FAC/62/2016 dated 05 July 2016. Accordingly, the Company has identified the reportable segments based on end consumption of the products sold or services rendered and is consistent with performance assessment and resource allocation by the management. Segment revenue comprises sales and operational income allocable specifically to a segment. Un-allocable expenditure mainly includes corporate expenses, finance cost and other expenses. Un-allocable income primarily includes other income. 3. The above consolidated results include the results and other information of DR Axion India Private Limited, India Subsidiary Craftsman Europe BV, the Netherlands Subsidiary Carl Stahl Craftsman Enterprises Private Limited, India Joint Venture 4. The Code on Social Security 2020 (the 'Code') relating to employee benefits during employment and post-employment received Presidential assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code will come into effect has not been notified and the final rules/interpretation have not yet been issued. The Company will assess the impact of the Code when it comes into effect and will record any related impact in the period in which the Code becomes effective. 5. Figures for the previous year / periods have been regrouped / reclassified to conform to the figures presented in the current periods. The Company acquired 76% of the equity share capital of DR Axion India Private Limited on 01st February 2023. Accordingly, the consolidated financial results for the quarter and half year ended 30th September 2023 is not comparable with quarter and half year ended 30th September 2022 and year ended 31st March 2023 to that extent. 233400000.00 1340500000.00 2415000000.00 Aluminium Products 16035300000.00 Automotive - Powertrain & Others 15093900000.00 Industrial & Engineering 7689600000.00 38818800000.00 3649200000.00 42468000000.00 Aluminium Products 8517000000.00 Automotive - Powertrain & Others 8730200000.00 Industrial & Engineering 4109100000.00 21356300000.00 5113500000.00 26469800000.00 830900000.00 -1314800000.00 -770800000.00 0.00 -9000000.00 0.00 0.00 -60200000.00 0.00 446200000.00 0.00 -86700000.00 0.00 1351200000.00 0.00 4000000.00 0.00 -86300000.00 0.00 -56400000.00 0.00 16700000.00 0.00 0.00 0.00 0.00 0.00 -140700000.00 0.00 90700000.00 2501400000.00 0.00 0.00 0.00 821800000.00 0.00 1679600000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2761500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 13400000.00 0.00 0.00 0.00 -2748100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2224500000.00 0.00 0.00 139100000.00 237700000.00 826600000.00 0.00 0.00 1021100000.00 -47400000.00 -1600000.00 -49000000.00 273200000.00 224200000.00 Re-measurement gains/(losses) on defined benefit plans 2600000.00 Re-measurement gains/(losses) on defined benefit plans -4200000.00 2600000.00 -4200000.00 600000.00 -1100000.00 Translation reserve -3200000.00 The effective portion of gains or loss on hedging instrumentsnin a cash flow hedge -16800000.00 Translation reserve -4500000.00 The effective portion of gains or loss on hedging instrumentsnin a cash flow hedge 15100000.00 -20000000.00 10600000.00 -4200000.00 3800000.00