SHRIPISTON2025-04-012025-06-30SHRIPISTON2025-04-012025-06-30in-capmkt:OtherExpenses1MemberSHRIPISTON2025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1SHRIPISTON2025-04-012025-06-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRxbrli:pureiso4217:INRxbrli:shares544344SHRIPISTONNOTLISTEDINE526E01018SHRIRAM PISTONS & RINGS LIMITEDMain BoardEquity2025-04-012026-03-312025-08-012025-07-18INRMillionsQuarterlyFirst quarterSingle segmentAutomotive segment2025-08-0114:35:002025-08-0115:25:00Not applicable2025-04-012025-06-30UnauditedConsolidated963300000028400000099170000004100000000208000000-2490000001424000000900000003150000002199000000808700000018300000000183000000047900000020000004810000000134900000000001349000000-3000000013190000001337000000120000001306000000130000004400000001030.3530.350030.3530.350.00150.11350.27731 The Group deals primarily in automotive component segment. <BR> <BR> 2 The above results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard (referred to as IND AS) 34 Interim Financial reporting prescribed under Section 133 of the Companies Act 2013 read with the relevant rules made thereunder. <BR> <BR> 3 On March 7 2025, the Holding Company has entered into a Share Purchase Agreement with existing shareholders of Karna Intertech Private Limited (Karna) to acquire 100 percent equity stake in Karna for Rs. 50 million. Accordingly, the Holding Company has acquired 100% equity shareholding in Karna on April 1 2025 and Karna has become a wholly-owned subsidiary of the Holding Company. <BR> <BR> The total purchase consideration of Rs. 50 million, based on fair values has been allocated as below: <BR> <BR> Particulars Amount (in million Rs.) <BR> Prpoerty, plant & equipment 4 <BR> Cash and cash equivalent 19 <BR> Net working capital 1 <BR> Goodwill 26 <BR> Total purchase consideration 50 <BR> <BR> <BR> 4 SPR TGPEL Precision Engineering Limited and Karna Intertech Private Limited were acquired on December 24, 2024 and April 1, 2025 respectively. Hence, the financial results for the period ended June 30, 2025 are not comparable with corresponding period of previous year. <BR> <BR> 5 The figures for the quarter ended March 31, 2025 are balancing figures between audited figures in respect of financial year ended March 31, 2025 and the published unaudited figures for nine months period ended December 31, 2024. <BR> <BR> 6 The above results were reviewed and recommended by Audit Committee in its meeting held on August 1, 2025 and taken on record by Board of Directors of the Holding Company in its meeting held on August 1, 2025. Other Expenses2199000000Remeasurements of the post employment defined benefit plans-2000000-2000000-1000000Fair value change of cash flow hedge-39000000-39000000-10000000-30000000