INDIAMART2019-04-012019-06-30in-bse-fin:OneOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares INDIAMART 2019-04-01 2020-03-31 2019-07-23 INR Millions First quarter Single segment Business-to-business e-market place 2019-04-01 2019-06-30 Audited Consolidated 1473000000.00 143000000.00 1616000000.00 0.00 0.00 0.00 607000000.00 4000000.00 44000000.00 499000000.00 1154000000.00 462000000.00 0.00 462000000.00 67000000.00 71000000.00 138000000.00 0.00 324000000.00 0.00 0.00 0.00 0.00 324000000.00 -10000000.00 314000000.00 314000000.00 0.00 314000000.00 0.00 288000000.00 10 11.29 11.09 0.00 0.00 11.29 11.09 0.00 0.00 0.00 n1. The above consolidated results for the quarter ended June 30, 2019 were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on July 31,2019. n n2.The above results have been prepared in accordance with the Indian Accounting Standards (referred to as “Ind AS”) as prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 and amended rules 2016. n n3.During the quarter ended June 2019, the Company announced an Initial Public Offering (IPO) through an offer for sale of 48,87,862 equity shares. The equity shares of the Company were listed on BSE Limited and National Stock Exchange of India Limited on July 4, 2019. n n4.The Group has adopted Ind AS 116, effective annual reporting period beginning April 1, 2019 and applied the standard to its leases using modified retrospective approach, with the cumulative effect of initially applying the Standard, recognised on the date of initial application (April 1, 2019). Accordingly, the Group has not restated comparative information, instead, the cumulative effect of initially applying this standard has resulted in recognising a right-of-use asset of INR 204 Million and a corresponding lease liability of INR 224 Million by adjusting retained earnings net of taxes of INR 16 Million [the impact of deferred tax created INR 9 Million] as at April 1, 2019. In the profit and loss account for the current period, the nature of expenses in respect of operating leases has changed from lease rent (in other expenses) into depreciation cost against the right-to-use asset and finance cost of against interest accrued on lease liability. n nThe impact of application of Ind AS 116 on the Consolidated Financials Results of the quarter ended June 2019 are as follows:- n n Particulars Quarter Ended June 30,2019 na. Rent Expense is lower by 45 nb. Depreciation is higher by (36) nc. Finance Cost is higher by (4) n Profit Before tax is higher by 5 n n5. The results for the quarter ended June 30, 2019 are available on the BSE Limited website (URL:www.bseindia.com/corporates) and the National Stock Exchange of India Limited website (URL:www.nseindia.com/corporates). n n6. Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision maker. The Group is has only one business segment which is business-to-business e-marketplace, which acts as an interactive hub for domestic and international buyers and suppliers and operates in a single business segment based on the nature of the products, the risks and returns, the organization structure and the internal financial reporting systems. Hence the company falls within a single operating segment Business to business e-marketplace. n n7. Figures for the quarter ended March 31,2019 represent the difference between audited figures for the financial year ended March 31, 2019 and the audited figures for the nine months period ended December 31,2018. n n8.The CEO and CFO have certified these results under Regulation 33(2) of SEBI (LODR) Regulations, 2015. n n9.Figures for the previous periods have been regrouped/reclassified to confirm to the classification of the current period. Other expenses 499000000.00