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RICO Auto Industries Ltd. Interim / Quarterly Report 2023

Nov 11, 2023

60671_rns_2023-11-11_eefcb990-cdbe-432a-a7a2-09b638e676a1.pdf

Interim / Quarterly Report

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REGD. & CORP. OFFICE : 38 KM STONE, DELHI-JAIPUR HIGHWAY, GURUGRAM - 122001, HARYANA (INDIA) EMAIL : [email protected] WEBSITE : www.ricoauto.in TEL. : +91 124 2824000 FAX : +91 124 2824200 CIN : L34300HR1983PLC023187

RAIL:SEC:2023 November 11, 2023

BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza,
Dalal Street th Floor, Plot No.C/1, G Block
5
Mumbai - 400001 Bandra-Kurla Complex,
Bandra (E)
Mumbai - 400051
Scrip Code - 520008 Scrip Code - RICOAUTO

Dear Sir/Madam,

Please find enclosed herewith copies of Unaudited Financial Results for the quarter and half year ended 30th September, 2023 as published in the following Newspapers:

i) Business Standard (English Newspaper), New Delhi - 11/11/2023
ii) Business Standard (English Newspaper), Mumbai - 11/11/2023
iii) Veer Arjun (Hindi Newspaper), New Delhi - 11/11/2023

Thanking you,

Yours faithfully, for Rico Auto Industries Limited

BRIJ MOHAN JHAMB Digitally signed by BRIJ MOHAN JHAMB Date: 2023.11.11 11:26:59 +05'30'

B.M. Jhamb Company Secretary FCS : 2446

Encl : As above

Business Standard

RIO Made in India with Pride

RICO AUTO INDUSTRIES LIMITED

Regd. & Corp. Office: 38 KM Stone, Delhi-Jaipur Highway, Gurugram -122 001, Haryana (INDIA) Tel: 0124 2824000, Fax: 0124 2824200, email: [email protected]

Website: www.ricoauto.in, CIN: L34300HR1983PLC023187

EXTRACT OF STANDALONE AND CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2023

STANDALONE CONSOLIDATED
SI. Quarter ended Quarter ended Half year ended
No. PARTICULARS 30.09.2023 30.09.2022# 30.09.2023 30.09.2023 30.09.2022# 30.09.2023
Unaudited Unaudited Unaudited Unaudited
Revenue from Operations 432.57 497.71 858.85 553.89 593.11 1,087.80
2. Net Profit for the period (before Tax and Exceptional Items) 13,38 20.02 23.23 13.31 18.49 22.69
з. Net Profit for the period before tax (after Exceptional Items) 12.90 19.44 21.39 12.83 17.91 20.85
4. Net Profit for the period after tax (after Exceptional Items) 8.36 13.46 13.95 6.44 7.68 12.15
5. Total Comprehensive Income for the period [Comprising
Profit for the period (after tax) and Other Comprehensive
Income (after tax)] 8.85 15.42 17.10 7.56 9.55 15.90
6. Equity Share Capital of Re.1/- each 13.53 13.53 13,53 13.53 13,53 13.53
7. Earning Per Share (not annualised")
- Basic (Rs.)
- Diluted (Rs.)
$0.62$
$0.62
$
$0.99$
$0.99
$
$1.03$
$1.03
$
$0.50$
$0.50
$
$0.58$
$0.58
$
$0.92$
$0.92
$

NOTES:

  1. The above Financial Results were reviewed by the Audit Committee in their meeting and thereafter were approved and taken on record by the Board of Directors in their meeting held on 10th November, 2023.

  2. The above is an extract of the detailed format of the Financial Results for the quarter and half year ended 30th September, 2023, filed with the Stock Exchanges on 10th November, 2023 under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of
    the Standalone and Consolidated Financial Results are available on th the Company's website at www.ricoauto.in.

  3. Numbers for the quarter ended 30th September 2022 are restated pursuant to merger.

For RICO AUTO INDUSTRIES LIMITED

Place: Gurugram Date: 10th November, 2023

E-mail ID for redressal of investor complaint: [email protected]

Sd/-Arvind Kapur Chairman, CEO & Managing Director DIN: 00096308

(Rs. in Crores)

Business Standard MUMBAI | SATURDAY, 11 NOVEMBER 2023

RICO Made in India with Pride
RICO AUTO INDUSTRIES LIMITED
Regd. & Corp. Office: 38 KM Stone, Delhi-Jaipur Highway, Gurugram -122 001, Haryana (INDIA)
Tel: 0124 2824000, Fax: 0124 2824200, email: [email protected]
Website: www.ricoauto.in, CIN: L34300HR1983PLC023187
EXTRACT OF STANDALONE AND CONSOLIDATED UNAUDITED FINANCIAL RESULTS
FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2023
(Rs. in Crores)
STANDALONE CONSOLIDATED
SI. PARTICULARS Quarter ended Half year ended Quarter ended Half year ended
No. 30.09.2023 30.09.2022# 30.09.2023 30.09.2023 30.09.2022# 30.09.2023
Unaudited
Unaudited
Unaudited Unaudited
1. Revenue from Operations 432.57 497.71 858.85 553.89 593.11 1,087.80
2. Net Profit for the period (before Tax and Exceptional Items) 13.38 20.02 23.23 13.31 18.49 22.69
3. Net Profit for the period before tax (after Exceptional Items) 12.90 19.44 21.39 12.83 17.91 20.85
4. Net Profit for the period after tax (after Exceptional Items) 8.36 13.46 13.95 6.44 7.68 12.15
5. Total Comprehensive Income for the period [Comprising
Profit for the period (after tax) and Other Comprehensive
Income (after tax)]
8.85 15.42 17.10 7.56 9.55 15.90
6. Equity Share Capital of Re.1/- each 13.53 13.53 13.53 13.53 13.53 13.53
7. Earning Per Share (not annualised*)
- Basic (Rs.)
- Diluted (Rs.)
$0.62$
$0.62
$
$0.99$
$0.99
$
$1.03$
$1.03
$
$0.50$
$0.50
$
$0.58$
$0.58
$
$0.92$
$0.92
$
NOTES:
1. The above Financial Results were reviewed by the Audit Committee in their meeting and thereafter were approved and taken on record by the Board of Directors
in their meeting held on 10th November, 2023.
2. The above is an extract of the detailed format of the Financial Results for the quarter and half year ended 30th September, 2023, filed with the Stock
Exchanges on 10th November, 2023 under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of
the Standalone and Consolidated Financial Results are available on the Stock Exchange websites at www.bseindia.com, www.nseindia.com and also on

E-mail ID for redressal of investor complaint: [email protected]

the Company's website at www.ricoauto.in.

Place: Gurugram
Date : 10th November, 2023

  1. Numbers for the quarter ended 30th September 2022 are restated pursuant to merger.

For RICO AUTO INDUSTRIES LIMITED Sd/-Arvind Kapur Chairman, CEO & Managing Director
DIN : 00096308

वीर अर्जुन, नई दिल्ली, 11 नवम्बर, 2023 7

RIO Made in India with Pride

RICO AUTO INDUSTRIES LIMITED

Regd. & Corp. Office: 38 KM Stone, Delhi-Jaipur Highway, Gurugram -122 001, Haryana (INDIA) Tel: 0124 2824000, Fax: 0124 2824200, email: [email protected] Website: www.ricoauto.in. CIN: L34300HR1983PLC023187

EXTRACT OF STANDALONE AND CONSOLIDATED UNAUDITED FINANCIAL RESULTS
FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2023
(Rs. in Crores)
PARTICULARS STANDALONE CONSOLIDATED
Quarter ended Quarter ended Half year ended
30.09.2023 30.09.2022# 30.09.2023 30.09.2023 30.09.2022# 30.09.2023
Unaudited Unaudited Unaudited Unaudited
Revenue from Operations 432.57 497.71 858.85 553.89 593.11 1,087.80
Net Profit for the period (before Tax and Exceptional Items) 13.38 20.02 23.23 13.31 18.49 22.69
Net Profit for the period before tax (after Exceptional Items) 12.90 19.44 21.39 12.83 17.91 20.85
Net Profit for the period after tax (after Exceptional items) 8.36 13.46 13.95 6.44 7.68 12.15
AND CONTRACTOR CONTRACTOR OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A STATE OF A ST
  1. Total Comprehensive Income for the period [Comprising Profit for the period (after tax) and Other Comprehensive Income (after tax)] $6.$

15.42 17.10 9.55 8.85 7.56 Equity Share Capital of Re. 1/- each 13.53 13.53 13.53 13.53 13.53 Eaming Per Share (not annualised*) - Basic (Rs.) $0.62$ $0.99^$ $1.03$ $0.50$ $0.58$ - Diluted (Rs.) $0.62$ $0.99$ $1.03$ $0.50$ $0.58$

NOTES:

7.

SI. No.

  1. $\overline{2}$ $\overline{3}$ . 4.
  1. The above Financial Results were reviewed by the Audit Committee in their meeting and thereafter were approved and taken on record by the Board of Directors in their meeting held on 10th November, 2023.

  2. The above is an extract of the detailed format of the Financial Results for the quarter and half year ended 30th September, 2023, filed with the Stock Exchanges on 10th November, 2023 under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the Standalone and Consolidated Financial Results are available on the Stock Exchange websites at www.bseindia.com, www.nseindia.com and also on the Company's website at www.ricoauto.in.

  3. Numbers for the quarter ended 30th September 2022 are restated pursuant to merger.

For RICO AUTO INDUSTRIES LIMITED Sd/-Arvind Kapur Chairman, CEO & Managing Director

Place: Gurugram Date: 10th November, 2023

E-mail ID for redressal of investor complaint: [email protected]

DIN: 00096308

15.90

13.53

$0.92*$

$0.92*$