November 07, 2023

To,
Listing Department
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G - Block,
Bandra Kurla Complex,
Bandra (East),
Mumbai - 400 051

Dear Sir/Madam,

Symbol: TIRUPATIFL

Sub: Outcome of Board Meeting held on November 7, 2023.

Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015, please be informed that Board of Directors at its
Meeting held today i.e. Tuesday, November 7, 2023 at 4.00 P.M. at the Registered Office of
the company, inter-alia has considered and approved the Unaudited Standalone Financial
Results along with Limited Review Report by the Auditor thereon for the Quarter ended on
September 30, 2023

The Meeting of the Board of Directors of the Company commenced at 04.00 P.M. and
concluded at 5.00 P.M.

Kindly take the same on your record and oblige.

Yours Faithfully,

For, Tirupati Forge Limited

Hitesh Digitally signed by Hitesh
Gordhanbhai Thummar
Gordhanbhai Date: 2023.11.07 17:05:41
Thummar +05'30'

Hitesh Thummar
Managing Director

Encl/-:

1. Auditor’s Limited Review Report pursuant to the regulation 33 of the SEBI (Listing
Obligation and Disclosure Requirements), Regulations, 2015.

2. Statement of Unaudited Standalone Financial Result for the Quarter ended on

September 30, 2023.
 ttflr.tl raa. I,IEtt.d
Plot No. I-5, Surcy No, 92l l, N.d Shd c.b.nt, Hadmblq rDdurtsiat ft4
kotda sarymi, Haddtala, Rljkot, ouJet- 3603 I I
ctN L273200J2012Pt,c071594
W€brte: M tjrupatiforgc.coh E-Mail: inf@tnupatiforg..com
Sbr.m.n. of Unaudir.d lnd AS Fimcirl Rc.ult! for th. Qua.!c. and hatfy.d.nd.d on 3oth S.pr.Eb.r, 2023
larr h L... dc.pr rrru..tru,

Rcv.nu. lron ob.r,ri.ni

I1.37

CGt of marcnals consuh.d

Purcha* of S!ftk in trad. 15r.76
Ch a.. in inv.nto.i.i offhi.h.d g@dt -491.54
t' uork-in-pmsrs. ud Sr.p
EmDlo!.. bencrits.xenss 95 65 I t2.47 431.54
Dcprcciation ma Anortiedmxpcreo 156 96 t2? 57
63.15
572.tr

Profit b.for..xc.ptional rt.m & tax 153.73 424.54

IIl.4t
2.D.feftdtxEh.ne 3.49
l.t Proflt/tlo..t f.r tt. D.dod
oth.r c.oprci.!.I!. Ilcou. /

al lt.mi that wil nor b. rccla..ificd to

b) h€m! thar will bc r€cla.sin.d b pronr o.

Totel c.6Dr.f, cnrtw. rn.o6.

l0 Pai.l-up.quity shac.apitd (F.c. Valuc ol

u
Ba.ic & Dllutcd Eardni p.r Shs. Ae
valu. or R3.2/- .acht but not amu6li&d 012
l. 6trt.h.trt ofar.tr I Ll.Dlllltt ... p.! R.!uhfl.! 33 ottb. aaBl &Ltraa oblta.don..nd Dl.clo.u!.
i.qulhn.ntr) R.tuLtlon.,2o 16 for i[. t.t y..r.n.t.d on 3oth a.pt.nb.r,2O2g

1,540.61 t,4*,97
17.35
180,84 49.30
Awtr
0.oo o.00
48.25 55.71
16.95
59.85 59.84
alt-lot.l Io! Cuftat !,559.57

1,59?.33

|,254,74 |,622.66
(4 Ca.h & C*h Equivarcft. 54.9? 9.27
?73
tiv) Othc. Filsci.l tuer.
454.23 221.31
slh-totrt cucrt

1,960 00

t25.22 188.54
93.aa

6uLtotrl llo! Cuclt Lt Dlltt.. 219.1O 230.26

aa6_49 724.90
82-95 51.35
{ii,) Trad. Pay.blc.
Total out.tmding du.. oI mic.o.nt.rpn&s ud Mall .hr.rp.i& lt2.al 68.92
Toial oul.tandina du.. oI cEdito.. oth.. ths mim .h!.rpn&. aDrt
.hall .nt.rpris. 492,75 263.t8
othd Finocial Liabiriti..
{iv) 0.39 0.98
Oth.r Cur.ht Liabilitics 24,94 5.20
lla.93 94,83
12.7r 6r.02
aub-Tot.l Currunt Ltrbutfl .. 1,732.:tr 1,271.34
 Th. un.udit d linancial rc.ult. for lh. qu.rt r ud hdf y..r .nd.d 3oth Scpt mb.r,
accordrce with applicatle lndian Accountins shda.ds as pres.ibcd under secl@n 133 or lhe compani€s act, 201
15e
dd rcad with r.lcvdt ru16 mad. thcrcundc., a. m.ndcd. In tcms of rcsularion 33 of th€ sEBl (Lttins obltarion
Di$lo$.. R.qui..n.nt61 R.srllstions, 201s, as s.nd.d, th. ahorc rcsult' w.r. rcvi.w.d and r..omm.nd.d by th.
Committ ., at it. Mcctina h.ld d Nd.mb.r 7, 2023 md lh.& rc.ull. ftrc appmv.d dd tal.n on Ecdd .t ih. mc.tila
Bdrd o, Dir.cror. of th. Cmpany h.ld m thai dat .

Th. company i. in th. busift.. of mMufacturina of Caibon Sr..l Fo{.d FIdB.3, Po.a.d Compo.rnb sd orn.r automotiv€
compo...t od mdagm.nt Bi.w8 th. p.rfomsac. of th. cmD6ny e a singl. oFratina eam.nt in &erd c.
lnd AS 108 - Opcr6ting S.lh.nt.. Th.Eforci no *paftt rlieloluE. e Eponcd cparar.b,

Fisu... rc thc quetc. Gnd.d 30th A.ptcmbcr 2023 ffi tn. balucins fisur.. b.t*r.. un.udilcd fisurc! ol h3lI y.s
..d.d 3oth S.pt.Eb.. 2023 ud u.audit.d publi.h.d fisur.. of l.t qust. ot nna.ial y.ar r..p..tiv.b which
subjcct to limitcd Evic*,

Orher Incom. includ€s

rni.rsl rncome lN.t orRderssrl

Ftur.. fd pr.vious Dcriods/ycd havc b..n r.Arcup.d dd Ecla$incd wh.rcwr n.c..sry, to confm cun.nl pcriod'

a Th.r. w.r. no invetn complint p..dina/r.c.iv.d durina th. p.riod.

Th. abov. Finncial R..ult & a]& availablc @ ou. wbrtc w.tirupatjlor8.,@n dd on .tck .rchea.

For and on B.halt of B@rd oI

Chaimo ud Managing
. Rejkott on N@.dh.r 7, 2023
 2. DL.lo.s. ot ststla.at ol Audlicd C..h rbs .. p.r R.gd.ttoa 33 or rtc SEBr (Laa;a-bltgidon
R.quii.E.nt) Rcgul.tlor.,2015 for thc h.lfy..i.nd.d on 3oth 8.Et.&bcr, 2023

30.09.2023 31.03.2023 30.o9.2022

tf.t proltt b.fotc t.Btlo! 359.64 1,262.71 836.?6

Adiusthent for:
D.prcciation & lmpaimmt r56.96 270.?7 127.5?
32.6t 95 4? 49.O5
hovision fo. Exp.cted Crcdit L.ss on Financial assets t2_oo r29.O4 73.-52
Profir on salr ol Fixed Assers -4.43 -30.65
Interest on Incom. tu 11.80
-0.94 2.95 -t.43
Op.tatlnt Ptont hefor. *orLtrg c.plt.l chentc. s?5.40 t,742.O9
Mov@ents ir workine caoital:
Ded.asc/-Indeas h Inv.ntorics -477.36 -76.32 22r.t6
Decc6c/lndeas. in tad. R.ccivabl. (qcludin8 prdisions) 367.92 -9.50 305.70
De6c8./-lnqea* itr Lo@s ed Advdc.s ed othd aseis -237.74 103.40 -37.15
Incrcasc/-D.c..as in Trad. Payablcs 273.46 -691..79 -669.06
ln$easc/-De$easc itr Provisions 24.LO -211_00 -123.27
In.r.asc/-Decr.as ir Othcr Curcnt Li.biliti€g 19.7a -10.66 10.95
In$.asc/-Deoeas in Othci Finecia.l Uabiliti.s -0.59 -1.10 4.15
Sub-Total Movment in Workif,g Capital -30.47 ,496.57
Cash gcndated from opcratiotrs 544.93 445.52 797 55
Dncct tues paid (!.t of rcfunds) -14l.9I -397.75 -239.27
llET Cr{gH rROM OPDRATMC ACTMTIEA 4()3.02 558.28
B, Carh troi froD llvctthg actlqltt..
Purchase of fxcd ass.ts (n.t of subsidy) in.ludinS Capnal wlP & -365.72 -344.11 -r58.63

Palmcnt ircluditlg advec* for acquilin8 & using riSht-of-usc 6&ts -t30,47 -10.93 -7 97
Sal. proce.ds from sale of 6xed assets t2.12 67.a0
Inter.st rec.iv.d on fE&cial instnm.nts in.l. 6x.d d.!'ost (tr.t of o.93 -2.95 223
NDT CASIT FLOW FROM TI{\IISANiG ACIIVTTIES 44tr.74 -334.19 -164.3?
c, ..h flow forE ,la.Echg .cttrdtt..
Proc..ds / Rcpalmcnt of Loru-tcr boENints -63.32 ,151.40
Procc.ds / R.palrdt of Shdt-t.m boro*ings 157.99 90.o2 -211,.72
,52.61 -95.47 -49 05
Pr@c.ds / R.palmmt of principar portion oflc.e Uabilitic! 43.76 -32.44 ,12.58
DMdm.l paid on equity Bheca
Bonus Isu. Ex!,ens.
NEa CASII CLOVT FROlil FIltAt{CIlte ACtrVttIlS 128.42 "1a9,69 '3t7.59
NEI INCREASE ln CASH AND CASS EqUTVA,,ENTA IA*B+CI 45.70 "76.t1 76.32
cr.h en.l c..h cqutrir&nt. rt tt. t.gtnllry or tlc yc.! 9.27 45.38 E5.38
C.!t ...1 c.th .qukrr.nt. rt ttc Go.t of tt. y..i 54.97 9.27 16t.70
Coapon.lt. of c..h .nd c..b Gqulv.!.nt. i. it thc .nd of th! y..r
Casi ed ch.qu.s on hed 3.92 6.18 8_45

- In cuF.nt account & frcd dcposit havint maturity lcss th& 12 5r.05 3.09 r53.25

TOTAL s4,97 9_27 161.70

a. Thc c.sh flN statdcnt ha! b.cn pr.par.d undcr th. irdilEtm.thod;i sct out nl thc t - 7; aasrt Flo,,

b. Prdiou8 y.6! ftur.s havc b..D rcsrou0.d whacvc! ncccsaly