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Seats LimitedMain BoardEquity2025-04-012026-03-312025-11-052025-10-30INRLakhsQuarterlySecond quarterSingle segmentManufacture of Complete seating system and interior component for the automotive and surface transport2025-11-0510:00:002025-11-0512:35:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2025-03-24https://bharatseats.com/wp-content/uploads/2020/05/2.-Policy-on-Related-Party-Transactions.pdffalsefalseNo2025-07-012025-09-30UnauditedStandalone458604400026937000461298100038116970001081320001308200016026700029872000905650002664650004480080000132901000013290100034404000-521000338830000990180000000990180001370009915500012560000021.581.58001.581.580.00640.03320.0848NOTES <BR> 1 The above financial results of Bharat Seats Limited the Company have been prepared in accordance with Indian Accounting Standards Ind AS as prescribed under section 133 of the Companies Act 2013 read with Rule 3 of the Companies Indian Accounting Standards Rules 2015 as amended <BR> 2 The Sales Purchase have been recognised based on contract price with the customers vendors which are subject to escalations and de escalations basis annual price revision. The Company estimated such escalations and de escalations on best estimate basis and these will be formalised by year end <BR> 3 In line with the provisions of IND AS 108 Operating Segment the Company is engaged in the business of manufacturing of different seating systems Automotive parts and Components for automobile industry which constitute single reporting business segment hence no segment disclosures are required <BR> 4 During the financial year 2023 24 the Income Tax Department the department conducted a search under section 132 of the Income Tax Act 1961 at certain premises of the Company including manufacturing locations and residence of few of its employees key managerial personnel The Company received demand orders amounting to Rs 2243point72 lakhs excluding penalties for the Assessment Years 2014 15 to 2024 25 along with a penalty demand order of Rs 524point28 lakhs for the Assessment Year 2022 23 The Company has filed appeals against the tax and penalty demand orders received from department with the Commissioner of lncome Tax Appeals Subsequently the Company has filed rectification application of Rs 1187point66 lacs concerning the outstanding demand As per Companys own assessment and also based on legal advice management is confident of favourable outcome for such appeals Pending outcome of appeal proceedings no adjustment has been made to these financial results <BR> 5 During the current quarter the Company has paid final dividend of Re 1point10 per equity share of the face value of Rs 2 each pertaining to the financial year 2024 25 amounting to Rs 690point80 Lakhs after approval by shareholders in Annual General Meeting held on July 09 2025 The dividend amount has been adjusted from reserves accordingly <BR> 6 The company has issued 31400000 fully paid-up bonus equity shares each with a nominal value of Rs 2 in a 1 ratio1 pursuant to approval granted by shareholders for every existing equity share with a face value of Rs 2 one additional equity share with a face value of Rs 2 was issued As a result of the share allotment on December 23 2024 the companys issued subscribed and paid up capital has increased to Rs 1256 lakhs Consequently the basic and diluted earnings per equity share have been recalculated to Rs 1point13 and Rs 2point18 per equity share for the quarter and six months ended 30th September 2024 respectively <BR> 7 The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 5th November 2025 <BR> 2025-04-012025-09-30UnauditedStandalone88566580003760200088942600007497381000108132000-235620003165920005491700016999200051448500086379370002563230000256323000640720001474000655460000190777000000019077700027400019105100012560000023.043.04003.043.040.00640.03310.0876Power and fuel44021000Repair and maintenance21085000Insurance7314000Research and development expenses4049000Consumption of stores and spares2577000Contract manpower and jobwork expenses109644000Legal and professional expenses14107000Technical know how fees and royalty8063000Freight Outward18773000Other Expenses36832000Power and fuel82412000Repair and maintenance39162000Insurance13016000Research and development expenses8423000Consumption of stores and spares4536000Contract manpower and jobwork expenses209114000Legal and professional expenses35702000Technical know how fees and royalty14418000Freight Outward33527000Other Expenses741750003006435000564430000666221000013755000015099000288540009703400038549870005090700000234412900051947000192400009944000240794400015788400030748980006929885000125600000194189800020674980002067498000438616000671891000111050700014744000626040001187855000161125000148708000254956400026982720001211730002980570000652960000410020003674532000486238700069298850005425700045413000-377633000044800200015060000-93305000011776800000016999200000000719000056500000000-1988000-10300003589780006153010000005058600005647150000000000002465260002505300000000000000000000474800000-216725000000000003397900023357300026871000690800003005600000-325601000223890000223890002955800051947000-137000-274000137000274000Bharat Seats Limited******Maruti Suzuki India Ltd.******Entities with Joint Control or significant influence over the CompanySale of goods or services13000000000Approved526968100011727860001492735000Bharat Seats Limited******NDR Auto Components Ltd.******Entities with Joint Control or significant influence over the CompanySale of goods or services500000000Approved2534400000Bharat Seats Limited******Suzuki Motorcycle India Pvt. 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Raman******Other ExpensesAny other transactionSitting FeesNot Applicable12000000Bharat Seats Limited******Ms. Nisha Malhotra******Other ExpensesAny other transactionSitting FeesNot Applicable54000000Bharat Seats Limited******Mr.Sudhir Maheshwari******Other ExpensesAny other transactionSitting FeesNot Applicable42000000Bharat Seats Limited******Mr. Sanjay Bhattacharyya******Other ExpensesAny other transactionSitting FeesNot Applicable42000000Bharat Seats Limited******Ms. Vanita Chhabra******Other ExpensesAny other transactionSitting FeesNot Applicable42000000Bharat Seats Limited******Mr. Sarthak Behuria******Other ExpensesAny other transactionSitting FeesNot Applicable36000000Bharat Seats Limited******Rohit Relan******Interest ExpenseInterest paidNot Applicable940500000Bharat Seats Limited******NDR Auto Components Ltd.******Interest ExpenseInterest paidNot Applicable85000000Bharat Seats Limited******Maruti Suzuki India Limited******Entities with Joint Control or significant influence over the CompanyDividend paidNot Applicable1023000000Bharat Seats Limited******Suzuki Motor Corporation, Japan******Entities with Joint Control or significant influence over the CompanyDividend paidNot Applicable1023000000Bharat Seats Limited******NDR Auto Components Ltd.******Entities with Joint Control or significant influence over the CompanyDividend paidNot Applicable1980000000Bharat Seats Limited******Rohit Relan******Chairman and Managing DirectorDividend paidNot Applicable842400000Bharat Seats Limited******Rishabh Relan******Key management personsDividend paidNot Applicable82100000Bharat Seats Limited******Pranav Relan******Relatives of key management personsDividend paidNot Applicable95300000Bharat Seats Limited******Ritu Relan******Relatives of key management personsDividend paidNot Applicable63300000Bharat Seats Limited******Ayush Relan******Relatives of key management personsDividend paidNot Applicable48700000Bharat Seats Limited******Suzuki Motorcycle India Pvt. 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