ITDCEM2019-04-012019-06-30in-bse-fin:OneOperatingExpenses01Member ITDCEM2019-04-012019-06-30in-bse-fin:OneOperatingExpenses02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares ITDCEM 2019-04-01 2020-03-31 2019-07-31 INR Lakhs First quarter Single segment CONSTRUCTION 2019-04-01 2019-06-30 Unaudited Consolidated 7046404000.00 16545000.00 7062949000.00 2663496000.00 0.00 0.00 828051000.00 308757000.00 232364000.00 2809827000.00 6842495000.00 220454000.00 0.00 220454000.00 143001000.00 -31831000.00 111170000.00 0.00 109284000.00 0.00 0.00 0.00 59927000.00 169211000.00 -9363000.00 159848000.00 166731000.00 2480000.00 157368000.00 2480000.00 171788000.00 1 0.97 0.97 0.00 0.00 0.97 0.97 1. The consolidated unaudited financial results have been prepared in accordance with the Indian Accounting Standards ('Ind AS') as prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with Companies (Indian Accounting Standards) Rules as amended from time to time. The above consolidated unaudited financial results have been reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors of the Company at their respective meetings held on 9 August 2019. n n2. The Group is principally engaged in a single business segment viz Construction. n n3. Current trade receivables and unbilled work-in-progress (Other current assets) of the Holding Company as at 30 June 2019 include amounts aggregating ` 2,880.31 lakhs and ` 1,504.16 lakhs, respectively, which have been outstanding from a customer presently facing liquidity constraints. The Holding Company has been actively negotiating/ discussing with the customer for realization of its dues and based on the progress of the negotiation/discussion, the Holding Company is reasonably confident of their recovery. n n4. Effective 1 April 2019, the Group has adopted Ind AS 115 – Revenue from Customers using the cumulative catch-up transition method which is applied to contracts that were not completed as of 1 April 2019. Accordingly the comparatives have not been adjusted retrospectively. Also the adoption of Ind AS 115 did not have any material impact on recognition and measurement of revenue and related items in the consolidated unaudited financial results for the quarter ended 30 June 2019. n n5. Effective 1 April 2019, the Group has adopted Ind AS 116, 'Leases' using the modified retrospective approach, as a result of which the comparative information is not required to be restated. On transition, the Group has recorded the lease liability at the present value of the future lease payments discounted using the incremental borrowing rate and has also chosen the practical expedient provided in the standard to measure the 'Right-of-use' asset at the same value as the lease liability, adjusted by the amount of any prepaid relating to that lease recognised in the balance sheet immediately before the date of initial application. n nThe adoption of the new standard resulted in the recognition of 'Right-of-use' asset amounting to ` 8,490.31 lakhs and corresponding lease liability of ` 8,248.45 lakhs as on 1 April 2019. During the quarter, the Group has recognised finance cost on lease amounting to ` 235.05 lakhs and amortisation on right-of-use assets amounting to ` 647.49 lakhs, which would have been recognised as rent of ` 738.67 lakhs, based on the earlier standard. n n6. The figures of the preceeding quarter ended 31 March 2019 are the balancing figures between the audited consolidated figures for the fifteen months period ended 31 March 2019 and the unaudited consolidated figures for the twelve months period ended 31 December 2018. n n n Other expenses 1096043000.00 Subcontracting expenses 1713784000.00