5354582025-04-012025-06-305354582025-04-012025-06-30in-capmkt:OtherExpenses1Member5354582025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15354582025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss25354582025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss3iso4217:INRiso4217:INRxbrli:shares535458NIBLNAINE047O01014NRB Industrial Bearings LimitedMain BoardEquity2025-04-012026-03-312025-07-292025-07-21INRLakhsQuarterlyFirst quarterSingle segmentBearing Industry2025-07-2913:30:002025-07-2914:30:00Not applicable2025-04-012025-06-30UnauditedConsolidated18547800012794000198272000817710000-669100056691000302740002283900066329000251213000-529410000-529410000000-529410000002053000-50888000-762000-516500000000484610002-2.1000-2.101. These consolidated financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS) notified by the Ministry of Corporate Affairs and prescribed under Section 133 f the Companies Act, 2013 read with relevant rules issued thereunder and the other accounting principles generally accepted in India. This statement is as per Regulation 33 of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. <BR> <BR> 2. The Operations of the company fall within in a single primary segment viz.Industrial bearings. <BR> <BR> 3. The Company's share of profit for the Quarter ended June 30, 2025 in an associate NIBL-Korta Engineering Private Limited (Korta) is recognised in Unaudited Consolidated Financial results for the respective period. The Company's share of loss in an associate NRB-IBC Bearings Private Limited (NIBC) for the quarter ended June 30, 2025 is restircted to the extent of carrying value of its investment in associate. The unrecognized share of losses of NIBC as at June 30, 2025 is Rs. 504.20 lakhs. <BR> <BR> 4. As at June 30, 2025, the Company has a net current liablity position of Rs.573.88 lakhs and has a negative net worth of Rs.2,891.64 lakhs. The management of the company has formulated strategic plans for improving the profitability of the Company, which includes increase in sales and reduction in operating expenses. The Promoter director has also provided a committment in the form of support letter to provide the necessary financial support to the Company to meet its operational and financial obligations as and when they fall due. Based on the business plans of the Company, cash flow projections and support letter from Promoter director, management is confident that the company will be able to meet its financial obligations as they arise. Accordingly, these financial results have been prepared on the basis that the Company will continue as a going concern for the forseeable future. <BR> <BR> 5. The Company has entered into an Inter-Company Agreement dated January 20, 2025 with NRB Bearings Limited, a related party, for the purpose of inter alia: (i) release of right to use the immovable property (ii) mutual non-solicitation provisions and (iii) regulating the rights to use intellectual property. All the necessary approvals, including shareholder consent, were duly obtained during the quarter ended March 31, 2025. The transactions contemplated under the Inter- Company Agreement were completed upon fulfillment of all conditions precedent and the agreed combined consideration of INR 5,512 lakhs was received by the Company on February 14, 2025. In line with the applicable accounting standards and the company's accounting policies, the net gains arising from these transactions of INR 4.646.76 lakhs, after accounting for related expenses of INR 865.24 lakhs has been recognised as an exceptional item in the financial results for the quarter and year ended March 31, 2025. <BR> <BR> 6. The Company has received an intimation of a proposed realignment of shares within the Promoters group as contemplated under the Memorandum/ Family Settlement dated January 20, 2025 that would result in the realignment of shares held in the company and a realignment of the beneficial interest in the Trilochan Singh Sahney Trust 2 which holds shares in the Company. While the family settlement agreement has been duly signed, certain procedures and regulatory formalities remain to be completed to effectuate the transfer of shares as stipulated thereunder. Such change is not expected to have any impact on financial results of the company. <BR> <BR> 7. The above Consolidated financial results of the Company for quarter ended June 30, 2025 were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on July 29, 2025. <BR> <BR> 8. The figures of the quarter ended March 31, 2025 are the balancing figures between audited figures in respect of the full financial year up to March 31, 2025 and the unaudited published year-to-date figures upto December 31, 2024, being the date of the end of third quarter of the financial year which were subjected to limited review.Other expenses66329000Resmeasurement of the defined benefit liability/ (asset)-774000Income tax relating to items that will not be reclassified to profit or loss0Share of other comprehensive income in associates, to extent not to be reclassified to profit and loss12000-76200000-762000