iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares PIIND 2019-04-01 2020-03-31 2019-07-11 INR Millions First quarter Single segment Agri based 2019-04-01 2019-06-30 Unaudited Standalone 7541000000.00 123000000.00 7664000000.00 3924000000.00 670000000.00 -430000000.00 766000000.00 26000000.00 294000000.00 1097000000.00 6347000000.00 1317000000.00 0.00 1317000000.00 259000000.00 50000000.00 309000000.00 0.00 1008000000.00 0.00 0.00 0.00 1008000000.00 22000000.00 1030000000.00 0.00 0.00 0.00 0.00 138000000.00 1 7.30 7.30 0.00 0.00 7.30 7.30 1. The above financial results were reviewed and recommended by the Audit Committee of the Board and approved by the Board of Directors at their meeting held on July 24, 2019.2. Financial results for all the periods presented have been prepared in accordance with the recognition and measurement principles of Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015.3. The Statutory auditors of the Company have carried out a limited review of the results.4. The figures for the quarter ended March 31, 2019 are the balancing figures between audited figures for the financial year ended March 31, 2019 and the published unaudited figures for nine months period ended December 31, 2018.5. The Company is in the business of manufacturing and distribution of Agro Chemicals and accordingly has one reportable business segment viz. 'Agro Chemicals'.6. Effective April 1, 2019, the Company has adopted Ind AS 116 "Leases" and applied the same to all lease contracts existing on April 1, 2019 retrospectively with the cumulative effect of initially applying the standard recognised at the date of initial application, with right-of-use asset recognised at an amount equal to the lease liability, adjusted by the prepaid lease rent. In the statement of profit and loss account depreciation for the right of use assets and finance cost for interest accrued on lease liability is being accounted for as against operating lease rent included under Other Expenses earlier. This change did not have a material impact on the financial results for the quarter ended June 30, 2019.7. The previous period's figures have been regrouped/ rearranged/ reclassified wherever necessary