KIRLOSIND2023-04-012023-06-30 KIRLOSIND2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member KIRLOSIND2023-06-30 KIRLOSIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member KIRLOSIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member KIRLOSIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member KIRLOSIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member KIRLOSIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member KIRLOSIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member KIRLOSIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member KIRLOSIND2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member KIRLOSIND2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member KIRLOSIND2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member KIRLOSIND2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member KIRLOSIND2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member KIRLOSIND2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500243 KIRLOSIND NOTLISTED Kirloskar Industries Limited Equity 2023-04-01 2024-03-31 2023-08-12 2023-07-31 INR Lakhs First quarter 2023-08-12 11:10:00 2023-08-12 12:40:00 false Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Standalone 67600000.00 0.00 0.00 0.00 21700000.00 0.00 0.00 0.00 89300000.00 197300000.00 286600000.00 0.00 0.00 0.00 16000000.00 3500000.00 5500000.00 0.00 0.00 0.00 0.00 21100000.00 46100000.00 240500000.00 0.00 240500000.00 43300000.00 76500000.00 119800000.00 120700000.00 1500000.00 800000.00 700000.00 0.00 121400000.00 3821800000.00 3943200000.00 0.00 0.00 98900000.00 10 12.21 11.87 0.07 0.07 12.28 11.94 0.00 0.00 0.00 Notes to Standalone Unaudited Financial Results for the quarter ended 30 June 2023 1. The above results are reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their meetings held on 12 August 2023 and limited review of the same has been carried out by the Statutory Auditors of the Company. 2. This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 ('IND-AS') prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 3. Consequent to allotment of 1,319 Equity shares of Rs 10 each fully paid up pursuant to 'Kirloskar Industries Limited – Employees Stock Appreciation Rights Plan 2019’ (KIL ESARP 2019),' during the quarter, the Issued, Subscribed and Paid up Equity Share Capital of the company has increased to Rs. 9,88,52,190/- comprising of 98,85,219 shares of Rs. 10/- each. 4. The Company's Wholly owned Subsidiary Avante Spaces Ltd has issued 27,24,868 number of fully paid up equity shares on 30 June 2023 to the company on the conversion of OCDs, basis fair valuation of equity shares as well as Unsecured Optionally Convertible Debentures (OCDs) of Avante Spaces Limited. This has resulted in Rs. 12.72 Cr gain as per Ind AS 109 and is grouped under other income. 5. As a result of management decision to sale off its windmill business to step-down subsidiary “ISMT Ltd.”, operations of windmill business are classified under “discontinued operation” in financial results. 6. In the current quarter, the Company has allotted warrants convertible into equity shares, consequently the same has been considered in the dilutive portion of Earnings Per Share. 7. The figures of the last quarter of the previous year are the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to third quarter of previous financial year. 8. Previous year’s / period’s figures have been reclassified wherever necessary to conform with the classification of the current period. Other expenses 21100000.00 0.00 0.00 0.00 0.00 Discontinuining operations 8200000.00 Investments (Securities & Properties) 286600000.00 294800000.00 0.00 294800000.00 Discontinuining operations 1500000.00 Investments (Securities & Properties) 245700000.00 247200000.00 3700000.00 1500000.00 242000000.00 Discontinuining operations 33900000.00 Investments (Securities & Properties) 27023900000.00 27057800000.00 239500000.00 27297300000.00 Discontinuining operations 30600000.00 Investments (Securities & Properties) 230300000.00 260900000.00 928400000.00 1189300000.00 Note As a result of management decision to sale off its windmill business to step-down subsidiary “ISMT Ltd.”, operations of windmill business are classified under “discontinued operation” in financial results. Gain/(loss) on Remeasurements of defined benefit plan -200000.00 Gain/(loss) on fair valuation of quoted investments in equity shares 4315600000.00 Income tax expenses / (reversal) relating to items that will not be reclassified to profit or loss -493600000.00 3821800000.00 0.00 0.00 3821800000.00