PERSISTENT2019-04-012019-06-30in-bse-fin:OneOperatingExpenses01Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneOperatingExpenses02Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneOperatingExpenses03Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneOperatingExpenses04Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneOperatingExpenses05Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneOperatingExpenses06Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneOperatingExpenses07Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneOperatingExpenses08Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneOperatingExpenses09Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneOperatingExpenses10Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneReportableSegmentRevenue01Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneReportableSegmentRevenue02Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneReportableSegmentRevenue03Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneReportableSegmentResults01Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneReportableSegmentResults02Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneReportableSegmentResults03Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneReportableSegmentAssets01Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneReportableSegmentAssets02Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneReportableSegmentAssets03Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneReportableSegmentLiabilities01Member PERSISTENT2019-06-30in-bse-fin:OneReportableSegmentLiabilities01Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneReportableSegmentLiabilities02Member PERSISTENT2019-06-30in-bse-fin:OneReportableSegmentLiabilities02Member PERSISTENT2019-04-012019-06-30in-bse-fin:OneReportableSegmentLiabilities03Member PERSISTENT2019-06-30in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares PERSISTENT 2019-04-01 2020-03-31 2019-06-27 INR Millions First quarter Multi segment 2019-04-01 2019-06-30 Audited Consolidated 8321140000.00 300360000.00 8621500000.00 0.00 0.00 0.00 5776070000.00 18500000.00 386170000.00 1343150000.00 7523890000.00 1097610000.00 0.00 1097610000.00 350550000.00 -77640000.00 272910000.00 0.00 824700000.00 0.00 0.00 0.00 0.00 824700000.00 -50190000.00 774510000.00 824700000.00 824700000.00 -50190000.00 774510000.00 764250000.00 10 10.65 10.65 0.00 0.00 10.65 10.65 0.00 1. The audited condensed CFS for the QE June 30, 2019, have been taken on record by the BoD at its July 2019 meeting. The statutory auditors have expressed an unqualified audit opinion. n2. Persistent Systems Germany GmbH(PSG) has entered into a SPA dated June 25,2019 to acquire 100% share capital of Youperience GmbH. As on that date, Youperience GmbH was holding 30% stake in its associate Company - Youperience Limited, United Kingdom. Balance 70% stake in the said associate has also been acquired by PSG through Youperience GmbH on June 27, 2019. n3. Mr. Sanjay Kumar Bhattacharyya resigned as an Independent Director of the Company w.e.f. July 1, 2019. n4. As reported in the previous quarters, PSL has deposits of Rs. 430 million with the financial institutions viz. IL&FS Group as on the balance sheet date. The Group has not accrued any interest on these deposits since April 1, 2018. In view of the uncertainty prevailing with respect to recovery of outstanding balances from IL&FS Group, Management of the PSL has provided an additional amount of Rs. 100.00 million during the QE June 30, 2019, thereby making the total provision to Rs. 282.50 million for impairment in value of deposits as of June 30, 2019. The provision currently reflects the exposure that may arise given the uncertainty. With the resolution plan in progress, the Management of the PSL is hopeful of recovery though with a time lag. PSL continues to monitor developments in the matter and is committed to take steps including legal action that may be necessary to ensure full recovery of the said deposits. n5.The BoD in its meeting held in January 2019, approved buyback. The window for buying the shares opened on Feb. 8, 2019 and the Company has purchased 3,575,000 equity shares between February 2019 and June 2019 and has extinguished these shares. The Company completed Buyback on June 27, 2019 and the total number of equity shares outstanding as on June 30, 2019 post buyback stands at 76,425,000. n The Company has completed the extinguishemnt of 549,887 equity shares on July 3, 2019 which were bought back before June 27, 2019. n6.In the notice of 29th AGM held on July 24, 2019, PSL had proposed re-appointment of M/s. Deloitte Haskins & Sells LLP, Chartered Accountants (‘Deloitte’) as the statutory auditors for a 2nd term of 2 years from the date of the 29th AGM till the conclusion of 31st AGM of the Parent Company, to be held before Sept.30, 2021. PSL has received a communication dated July 23, 2019 from Deloitte informing that if their reappointment is approved for abovementioned term of 2 years, and not for 5 years, in their view, it will not be in accordance with the law and hence, they will not be able to accept the same. Accordingly, the BoD of PSLhas decided to identify a suitable audit firm which would be appointed as the statutory auditors of the Parent Company. In terms of Sec.139(10) of the Companies Act, 2013, Deloitte shall continue to be the statutory auditor of the PSL until the appointment of new statutory auditors. n nNotes on ratios: n1. Debt equity ratio is 0.0007 however the utility rounds off the same to 0.001 automatically and hence actual ratio is provided in notes. n n2. Debt service coverage ratio is 452.70 which is computed as EBITDA / (Debt+ Interest service) (Annualised). n Since the utility does not accept this no., we have kept it blank and provided the same in notes. n n3. Interest service coverage ratio is 528.98, which is computed as EBIT/Interest (Annualised). Since the utility does not accept this no., we have kept it blank and provided the same in notes. Communication expenses 25160000.00 Electricity expenses (net) 32220000.00 Internet link expenses 18340000.00 Legal and professional fees 150270000.00 Other Expenses 287460000.00 Provision for doubtful deposits and advances 100000000.00 Purchase of software licenses 377610000.00 Recruitment expenses 33680000.00 Repairs and maintenance 38800000.00 Travelling and conveyance 279610000.00 Accelerite (Products) 303980000.00 Alliance 2312650000.00 Technology Services 5704510000.00 0.00 Accelerite (Products) 107920000.00 Alliance 748610000.00 Technology Services 2068090000.00 18500000.00 1808510000.00 Accelerite (Products) 195500000.00 Alliance 700250000.00 Technology Services 3836430000.00 22935100000.00 Accelerite (Products) 0.00 Alliance 0.00 Technology Services 0.00 0.00