TVSHLTD2023-07-012023-09-30 TVSHLTD2023-07-012023-09-30 TVSHLTD2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member TVSHLTD2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member TVSHLTD2023-09-30 TVSHLTD2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member TVSHLTD2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member TVSHLTD2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member TVSHLTD2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 520056 TVSHLTD NOTLISTED TVS Holdings Limited Equity 2023-04-01 2024-03-31 2023-10-30 2023-10-03 INR Crores Half yearly 18:00:00 19:35:00 2023-10-30 2023-10-30 true Cash Flow Indirect Not applicable Single segment Automotive vehicles and parts 2023-07-01 2023-09-30 Unaudited Standalone 3901600000.00 944300000.00 4845900000.00 1352800000.00 1204100000.00 -60000000.00 306300000.00 282200000.00 112400000.00 664300000.00 3862100000.00 983800000.00 -17400000.00 966400000.00 174800000.00 -38200000.00 136600000.00 0.00 829800000.00 0.00 0.00 0.00 0.00 829800000.00 -4400000.00 825400000.00 825400000.00 0.00 101200000.00 5 41.01 41.01 0.00 0.00 41.01 41.01 0.00 0.00 0.00 1. The operations of the Company relate to only one segment viz., automotive components. 2. Other income includes: (i) Pursuant to the merger of TVS Holdings Private Limited, interest income of Rs.32.28 Crores and Rs 44.51 Crores arising out of investments held for the quarter ended 30th June 2023 and half year ended 30th September 2023 respectively. In the previous periods these were treated as exceptional items. (ii) Profit on sale of investments Rs.80.50 Crores arising from sale of equity shares held in TVS Credit Services Limited. 3. On 4th August 2023 (“Effective Date 3”) VS Investments Private Limited (VS IPL) merged with the Company and accordingly allotment of 19 equity shares of INR 5 each to the shareholders of VS IPL and cancellation of 147,38,90,346 preference shares of INR 10 each held by VS IPL in the Company has been effected. 4.As part of the Composite of Scheme of Arrangement sanctioned by the Hon'ble National Company Law Tribunal, Chennai, the Company transferred and vested the Demerged Undertaking (as defined in the Scheme) into Sundaram-Clayton DCD Limited (“Resulting Company”) now known as Sundaram-Clayton Limited effective 11th August 2023. 5. Pursuant to the Composite of Scheme of Arrangement the listed NCDs which form part of the Demerged Undertaking of the Company transferred to Sundaram-Clayton Limited on 11th August 2023. 6. The comparative financial information of corresponding previous quarters and half year taking the merger and demerger into effect for the relevant quarters and half year of the previous year is given below: Particulars Quarter Ended Half year Ended Year Ended 30.06.2023 30.09.2022 30.09.2022 31.03.2023 Revenue from Operations 651.74 370.45 910.51 1,208.79 PBT (After Exceptional Item) 81.47 45.38 86.07 224.87 PAT (After Exceptional Item) 64.73 35.07 40.73 176.26 7.For the current quarter ended 30th September 2023, Exceptional cost represents one time cost associated with voluntary separations of Rs.1.74 Crores. 8.The above unaudited financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 30th October 2023. These results have been subjected to limited review by the statutory auditors of the Company. 9.Figures for the previous periods have been regrouped, wherever necessary, to conform to the current period's classification, except as stated above. Single segment 2023-04-01 2023-09-30 Unaudited Standalone 9461200000.00 1274900000.00 10736100000.00 4074400000.00 1378200000.00 55200000.00 913900000.00 589800000.00 361700000.00 1898900000.00 9272100000.00 1464000000.00 -50700000.00 1413300000.00 348600000.00 -44600000.00 304000000.00 0.00 1109300000.00 0.00 0.00 0.00 0.00 1109300000.00 -27000000.00 1082300000.00 1082300000.00 0.00 101200000.00 5 54.83 54.83 0.00 0.00 54.83 54.83 0.00 0.00 0.00 Other Expenses 664300000.00 Other Expenses 1898900000.00 120600000.00 0.00 0.00 0.00 400000.00 0.00 0.00 0.00 19250300000.00 0.00 0.00 16300000.00 19266600000.00 60200000.00 18800000.00 19466600000.00 25200000.00 378700000.00 393800000.00 3856600000.00 13300000.00 0.00 35900000.00 4678300000.00 67300000.00 203900000.00 4974700000.00 0.00 0.00 24441300000.00 101200000.00 14064300000.00 14165500000.00 14165500000.00 0.00 0.00 10100000.00 10100000.00 189700000.00 0.00 0.00 0.00 199800000.00 8730300000.00 548800000.00 481400000.00 9760500000.00 57100000.00 24600000.00 233800000.00 0.00 10076000000.00 0.00 0.00 10275800000.00 24441300000.00 589800000.00 3455300000.00 2404400000.00 0.00 40600000.00 424300000.00 0.00 257300000.00 0.00 -3348600000.00 0.00 -151700000.00 0.00 361700000.00 -400000.00 -34100000.00 0.00 -461800000.00 0.00 8900000.00 0.00 445100000.00 0.00 -828200000.00 0.00 0.00 0.00 0.00 0.00 2272400000.00 3685700000.00 0.00 0.00 0.00 114900000.00 0.00 3570800000.00 -12660000000.00 0.00 7696000000.00 705600000.00 0.00 0.00 0.00 0.00 7071500000.00 4100000.00 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 445100000.00 0.00 18199000000.00 0.00 20041900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 21427800000.00 0.00 192300000.00 0.00 221300000.00 0.00 0.00 -21841400000.00 1771300000.00 0.00 1771300000.00 85300000.00 1856600000.00 Items that will not be reclassified to profit and loss -15900000.00 Items that will not be reclassified to profit and loss -42700000.00 -15900000.00 -42700000.00 -11500000.00 -13900000.00 Items that will be reclassified to profit and loss 0.00 Items that will be reclassified to profit and loss 4500000.00 0.00 4500000.00 0.00 2700000.00