ENDURANCE2019-04-012019-06-30in-bse-fin:OneOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares ENDURANCE 2019-04-01 2020-03-31 2019-06-25 INR Millions First quarter Single segment Automotive Components 2019-04-01 2019-06-30 Unaudited Consolidated 19091700000.00 67850000.00 19159550000.00 10461290000.00 29170000.00 -138050000.00 1792550000.00 58030000.00 927320000.00 3533090000.00 16663400000.00 2496150000.00 0.00 2496150000.00 837880000.00 2410000.00 840290000.00 0.00 1655860000.00 0.00 0.00 0.00 0.00 1655860000.00 66700000.00 1722560000.00 1655860000.00 0.00 1722560000.00 0.00 1406630000.00 10 11.77 11.77 0.00 0.00 11.77 11.77 1. The above consolidated financial results of the Company for the quarter ended 30th June, 2019 have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 8th August, 2019. The Statutory Auditors of the Company have carried out a limited review of these financial results. n n2. The consolidated financial results include results of following subsidiaries : nName of the Company Relationship nEndurance Overseas SrL, Italy (EOSRL) Subsidiary (Direct) nEndurance SpA, Italy Subsidiary of EOSRL nEndurance Castings SpA, Italy Subsidiary of EOSRL nEndurance Engineering SrL, Italy Subsidiary of EOSRL nEndurance Amann GmbH, Germany Subsidiary (Direct) n n3.Effective 1st April, 2019, the Company has adopted Ind AS 116 Leases using the modified retrospective method of adoption. The Company has elected to apply the standard to lease contracts at the date of initial application. Accordingly, comparatives for the period prior to the current quarter have not been restated. At the date of initial application the Company has recognised Right-of-Use Asset at an amount equal to Lease Liability which was adjusted for prepayments. n n4.Until 31st March, 2019, the Company recognised grant income under Package Scheme of Incentives 2013, Government of Maharashtra ( “PSI Scheme”) on claim submission when its recoverability was considered to be reasonably certain. From 1st April, 2019, the Company recognises grant income under PSI Scheme on sale of goods, as the management believes that the realisability of the grant income is reasonably certain on sale of goods. Accordingly, the Company has recognised an amount of Rs.472.34 million as grant income relating to the sale made for the year ended 31st March, 2019 as a one-time adjustment in the current quarter ending 30th June, 2019. In addition, the Company has also recognised an amount of Rs. 229.21 million as grant income in the current quarter ended 30th June, 2019 based on the underlying sale transactions. n n5.The operating segment of the Company is identified to be, ‘Automotive Components’. Therefore, the disclosure as per Regulation 33(1)(e) read with Clause (L) of Schedule IV of the Listing Regulations is not applicable. n n6.The figures of previous periods have been regrouped, wherever necessary, to conform to the current period's classification. Other expenses 3533090000.00