SCHNEIDER2019-01-012019-03-31in-bse-fin:OneOperatingExpenses01Member SCHNEIDER2019-01-012019-03-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares SCHNEIDER 2018-04-01 2019-03-31 2019-05-14 INR Millions Yearly Single segment As the Company's business operations fall within a single primary business segment viz. product and systems for electricity distribution, the disclosure requirements of Ind AS 108 Operating Segmentsnprescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder, are not applicable. 2019-01-01 2019-03-31 Audited Standalone 2842510000.00 363930000.00 3206440000.00 2009850000.00 40380000.00 -74040000.00 490690000.00 114260000.00 58900000.00 551840000.00 3191880000.00 14560000.00 0.00 14560000.00 0.00 0.00 0.00 0.00 14560000.00 0.00 0.00 0.00 0.00 14560000.00 3110000.00 17670000.00 0.00 0.00 478210000.00 2 0.06 0.06 0.00 0.00 0.06 0.06 1. The above Financial Results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 22, 2019. n2. These financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under section 133 of Companies Act 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2015 (as amended). n3. Goods and Service Tax (“GST”) has been implemented effective July 1, 2017 which has replaced various indirect taxes including excise duty. As per relevant accounting principles under Ind AS, revenue was required to be reported inclusive of excise duty but net of other Indirect taxes. Accordingly, revenue from operations for the first quarter of previous financial year included in year ended March 31, 2018 are reported inclusive of excise duty but net of all other taxes. n4. As the Company's business operations fall within a single primary business segment viz. product and systems for electricity distribution, the disclosure requirements of Ind AS 108 Operating Segments prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder, are not applicable. n5. Ind AS 115 Revenue from Contracts with Customers, mandatory for reporting periods beginning on or after April 1, 2018, replaces existing revenue recognition requirements. The Company has applied the modified retrospective approach to contracts that were not completed as of April 1, 2018 and has given impact of Ind AS 115 application by debit to retained earnings as at the said date by 62.56 MINR pertaining to recognition of revenue based on percentage of completion method (POCM) basis. nAccordingly, the figures for the comparative previous periods have not been restated and hence the current period figures are not comparable with previous period figures. Due to the application of Ind AS 115 for the period ended March 31, 2019, revenue from operations is higher by 54.38 MINR and net profit after tax is higher by 7.64 MINR, than what it would have been if replaced standards were not applicable. n6. Exceptional items represent expenses incurred under the organisational restructuring, to achieve higher efficiency, planned for over a period of time and includes shifting of factory lines to other locations and related employees settlement cost. n7. The figures of the quarter ended March 31, 2019 are the balancing figures between audited figures in respect of the full financial year up to March 31, 2019 and the unaudited published year-to-date figures up to December 31, 2018, being the date of the end of the third quarter of the financial year which were subjected to limited review. n8. The assets classified as held for sale are related to fixed assets (including capital work-in-progress). The said assets located at Vadodara factory are to be transferred to group company in next few months. n9. Prior period figures have been reclassified/regrouped wherever necessary, to correspond with those of the current period classification. n10. Refer Annexure A for Statement of Assets and Liabilities. n 2018-04-01 2019-03-31 Audited Standalone 13840560000.00 497180000.00 14337740000.00 9571490000.00 80980000.00 357960000.00 1997480000.00 443830000.00 257860000.00 1591760000.00 14301360000.00 36380000.00 0.00 36380000.00 0.00 0.00 0.00 0.00 36380000.00 0.00 0.00 0.00 0.00 36380000.00 1940000.00 38320000.00 0.00 0.00 478210000.00 2 0.00 -1.02 -1.02 0.00 0.00 -1.02 -1.02 Other Expenses 551840000.00 Other Expenses 1591760000.00 0.00 0.00 0.00