General information about company
Scrip code	522005
NSE Symbol
MSEI Symbol	AUSTENG
ISIN*	INE759F01012
Name of company	AUSTIN ENGINEERING CO LTD
Type of company
Class of security	Equity
Date of start of financial year	01-04-2023
Date of end of financial year	31-03-2024
Date of board meeting when results were approved	14-08-2023
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	07-08-2023
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	First quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited	Unaudited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	14-08-2023 14:00
End date and time of board meeting	14-08-2023 15:15
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification	Not applicable

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2023	01-04-2023
B	Date of end of reporting period	30-06-2023	30-06-2023
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	2682.75	2682.75
	Other income	11.72	11.72
	Total income	2694.47	2694.47
2	Expenses
(a)	Cost of materials consumed	836.08	836.08
(b)	Purchases of stock-in-trade	211.39	211.39
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	48.43	48.43
(d)	Employee benefit expense	452.81	452.81
(e)	Finance costs	5.68	5.68
(f)	Depreciation, depletion and amortisation expense	33.62	33.62
(f)	Other Expenses
1	OTHER EXPENSES	992.45	992.45
10
	Total other expenses	992.45	992.45
	Total expenses	2580.46	2580.46

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2023	01-04-2023
B	Date of end of reporting period	30-06-2023	30-06-2023
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3	Total profit before exceptional items and tax	114.01	114.01
4	Exceptional items	0	0
5	Total profit before tax	114.01	114.01
7	Tax expense
8	Current tax	32.58	32.58
9	Deferred tax	16.73	16.73
10	Total tax expenses	49.31	49.31
11	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
14	Net Profit Loss for the period from continuing operations	64.7	64.7
15	Profit (loss) from discontinued operations before tax	0	0
16	Tax expense of discontinued operations	0	0
17	Net profit (loss) from discontinued operation after tax	0	0
19	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
21	Total profit (loss) for period	64.7	64.7

Financial Results – Ind-AS
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2023	01-04-2023
B	Date of end of reporting period	30-06-2023	30-06-2023
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
	Total Amount of items that will not be reclassified to profit and loss
2	Income tax relating to items that will not be reclassified to profit or loss	-1.49	-1.49
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0.39	0.39
5	Total Other comprehensive income	1.1	1.1

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2023	01-04-2023
B	Date of end of reporting period	30-06-2023	30-06-2023
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23	Total Comprehensive Income for the period	65.8	65.8
24	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
25	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
26	Details of equity share capital
	Paid-up equity share capital	347.78	347.78
	Face value of equity share capital	10	10
27	Details of debt securities
28	Reserves excluding revaluation reserve
29	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	1.86	1.86
	Diluted earnings (loss) per share from continuing operations	1.86	1.86
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	1.86	1.86
	Diluted earnings (loss) per share from continuing and discontinued operations	1.86	1.86
30	Debt equity ratio
31	Debt service coverage ratio
32	Interest service coverage ratio
33	Disclosure of notes on financial results	Textual Information(1)

Text Block

Textual Information(1)

NOTES : 1 The above results have been reviewed by the Audit Committee and Approved by the Board of Directors of the Company at their meeting held on August 14, 2023. The Statutory Auditors of the company have carried out a "Limited Review" of the result for the quarter ended June 30, 2023. 2 The Statement has been prepared in accordance with the Companies (Indian Accounting Standards) rules 2015 (Ind AS) precribed under Section 133 of the Companies Act, 2013 as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI). 3 The Consolidated Financial Statements include result of Subsidiary Company.The Name,Country of incorporation,Proportion of ownership interest and reporting dates are as under: Name of the Company country of Parent's ultimate holding Quarter ends incorporation as on June 30,2023 on Subsidiary 1.AUSTIN ENGINEERINGCOMPANY U.S.A 100% 30-Jun-23 4 The Company has two reportable segments viz. "Bearing " and "Wind Turbine Power Generation". 5 In accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, the above unaudited standalone financial results of the company are posted on Company's website and website of stock exchange viz. www.bseindia.com. 6 The Consolidated amount for the quarter ended on June 30,2023,as reported in these unaudited consolidated financial result have not been subjected to limited review or audit by the statutory auditors of the company 7 The figures of the previous quarter /half year period / year have been regrouped / re-classified / re-arranged, wherever necessary to correspond with the current period’s classification/disclosure/comparable. Place : Village Patla, Tal.Bheshan, Dist. Junagadh For & on behalf of the Board Dated : 14.08.2023 AUSTIN ENGINEERING COMPANY LIMITED H. N. VADGAMA CHAIRMAN

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2023	01-04-2023
Date of end of reporting period		30-06-2023	30-06-2023
Whether accounts are audited or unaudited		Unaudited	Unaudited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	BEARING	2677.58	2677.58
2	WIND TURBINE POWR GENERATION	16.89	16.89
3	UNALLOCATED	0	0
	Total Segment Revenue	2694.47	2694.47
	Less: Inter segment revenue	16.89	16.89
	Revenue from operations	2677.58	2677.58
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	BEARING	108.9	108.9
2	WIND TURBINE POWR GENERATION	10.79	10.79
3	UNALLOCATED	0	0
	Total Profit before tax	119.69	119.69
	i. Finance cost	5.68	5.68
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax	114.01	114.01
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	BEARING	9939.62	9939.62
2	WIND TURBINE POWR GENERATION	42.67	42.67
3	UNALLOCATED	258.68	258.68
	Total Segment Asset	10240.97	10240.97
	Un-allocable Assets
	Net Segment Asset	10240.97	10240.97
4	Segment Liabilities
	Segment Liabilities
1	BEARING	4445.51	4445.51
2	WIND TURBINE POWR GENERATION	4.99	4.99
3	UNALLOCATED	0	0
	Total Segment Liabilities	4450.5	4450.5
	Un-allocable Liabilities
	Net Segment Liabilities	4450.5	4450.5
	Disclosure of notes on segments