NAVINFLUOR2019-04-012019-06-30in-bse-fin:OneOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares NAVINFLUOR 2019-04-01 2020-03-31 2019-06-28 INR Lakhs First quarter Single segment Chemicals 2019-04-01 2019-06-30 Unaudited Consolidated 2515460000.00 68440000.00 2583900000.00 1228458000.00 0.00 -25967000.00 305423000.00 5085000.00 82339000.00 396487000.00 1991825000.00 592075000.00 0.00 592075000.00 185646000.00 10471000.00 196117000.00 0.00 395958000.00 0.00 0.00 0.00 35423000.00 431381000.00 -13299000.00 418082000.00 431381000.00 0.00 418082000.00 0.00 98909000.00 2 8.72 8.72 0.00 0.00 8.72 8.72 1.The results of the quarter ended 30th June, 2019 were reviewed by the Audit Committee and approved by the Board of Directors of the Company, at its meeting held on 29th July, 2019. n n2.During the quarter ended 30th June, 2019, the Company paid final dividend of Rs. 4.00/- per share on 494,57,165 equity shares of nominal value of Rs. 2/- each, aggregating to Rs. 1,978.29 lakhs for the year ended 31st March, 2019. n n3.In the consolidated results, the figures for the quarter ended 31st March, 2019 are the balancing figures between audited figures in respect of full financial year for the year ended 31st March, 2019 and the unaudited year to date figures upto 31st December, 2018 which was not subjected to limited review. Also, figures for the quarter ended 30th June, 2018 are consolidated on the basis of published results of the Company and un-reviewed financial statements prepared by the Management of respective entities. n n4.The consolidated results include the financial results of three foreign subsidiaries – Manchester Organics Limited, NFIL (UK) Limited and Navin Fluorine (Shanghai) Co. Limited, a step-down foreign subsidiary – NFIL USA Inc., a 100% subsidiary of NFIL (UK) Ltd., one Indian subsidiary – Sulakshana Securities Limited and two joint venture companies – Swarnim Gujarat Fluorspar Private Limited and Convergence Chemicals Private Limited and one associate – Urvija Associates (upto 31st July, 2018). n n5.Effective 1st April, 2019, the Group has adopted Ind AS 116 ‘Leases’, w.r.t. lease contracts outstanding as on 1st April, 2019 using the modified retrospective method. Accordingly, financial results for the quarter ended 30th June, 2018 and quarter and year ended 31st March, 2019 have not been retrospectively adjusted. This has resulted in recognising a right-of-use asset of Rs. 2,510.04 lakhs and a corresponding lease liability of Rs. 2,510.04 lakhs as at 1st April, 2019. The effect of this adoption on the Profit for the period and the earnings per share is not significant and has been given effect in these results. n nIn the Statement of Profit and Loss for the current period, the nature of expenses in respect of operating leases has changed from lease rent in previous periods to depreciation cost for the right-to-use asset and finance cost for interest accrued on lease liability. n n6.The Group has identified Chemicals business as its only primary reportable segment in accordance with the requirements of Ind AS 108, ‘Operating Segments'. Accordingly, no separate segment information has been provided. n n7.Previous period’s figures have been regrouped, wherever necessary, to correspond to those of the current period. n Other Expenses 396487000.00