ECLERX2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member ECLERX2019-10-012019-12-31in-bse-fin:OneOperatingExpenses02Member ECLERX2019-10-012019-12-31in-bse-fin:OneOperatingExpenses03Member ECLERX2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member ECLERX2019-10-012019-12-31in-bse-fin:FourOperatingExpenses02Member ECLERX2019-10-012019-12-31in-bse-fin:FourOperatingExpenses03Member ECLERX2019-10-012019-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member ECLERX2019-10-012019-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member ECLERX2019-10-012019-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member ECLERX2019-10-012019-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares ECLERX 2019-04-01 2020-03-31 2020-01-23 INR Millions Third quarter Single segment Information Technology 2019-10-01 2019-12-31 Unaudited Standalone 2883650000.00 123470000.00 3007120000.00 0.00 0.00 0.00 1174950000.00 45330000.00 110030000.00 959120000.00 2289430000.00 717690000.00 0.00 717690000.00 184850000.00 -7600000.00 177250000.00 0.00 540440000.00 0.00 0.00 0.00 0.00 540440000.00 -2610000.00 537830000.00 537830000.00 0.00 369830000.00 10 14.61 14.61 0.00 0.00 14.61 14.61 0.00 0.00 0.00 1. The statement of unaudited financial results for the quarter and nine months ended December 31, 2019 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on January 30, 2020. There are no qualifications in the limited review report issued by the auditors. n2.These financial results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) 34, 'Interim Financial Reporting' prescribed under Section 133 of the Companies Act, 2013, as amended read with the relevant rules issued thereunder. n3.'The Company operates under a single reportable segment which is data management, analytics solutions and process outsourcing services. Further the risks and rewards under various geographies where the Company operates are similar in nature. n4.The Board of Directors vide their meeting dated March 14, 2019 approved, subject to shareholders’ approval, buyback of equity shares of the Company. The shareholders approval was procured vide postal ballot, results of which were announced on April 26, 2019. The Company concluded the said buyback of 1,746,666 equity shares of Rs 10 each, at a buyback price of Rs. 1,500 per share and total buyback amount of Rs.2,620 million. The settlement date for the said buyback was June 24, 2019. The shares so bought back were extinguished and the issued and paid-up capital stands amended accordingly. n5.Effective April 1, 2019, the Company adopted Ind AS 116 ‘Leases’, applied to all lease contracts existing as on April 1, 2019 using the modified retrospective method and has taken the cumulative adjustment to opening retained earnings as on April 1, 2019, i.e on the date of initial application. Accordingly, comparatives for the year ended March 31, 2019 have not been retrospectively adjusted. On transition, the adoption of new standard resulted in recognition of Right of Use asset (ROU) of Rs.884.30 million and a lease liability of Rs.1,091.65 million. The cumulative effect of applying the standard resulted in Rs.48.34 million being debited to opening retained earnings, net of taxes. In 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 ROU asset and finance cost for interest accrued on lease liability. n6.The Company has appointed Eclerx Employee Welfare Trust (ESOP Trust) to administer the employee stock option scheme. For this purpose, the ESOP Trust borrowed funds from the Company and purchased the Company's shares from the open market since financial year 2016-17 for the purpose of alloting the same to eligible employees. Due to significant difference in the purchase price of these shares and exercise price of the share options, the Company forsees the inability of the ESOP Trust to service it's loan obligations. Hence, the Company made a provision of Rs 444.94 million in the results for the quarter ended September 30, 2019. n7.During the quarter ended September 30, 2019, the Company accounted the tax expense as per the rates prescribed under section 115BAA of the Income Tax Act,1961 as introduced by the Taxation Laws (Amendment) Ordinance, 2019. Accordingly the deferred tax assets (net) as at March 31, 2019 and the estimate of tax expenses for the year ended March 31, 2020 have been re-computed. Single segment 2019-04-01 2019-12-31 Unaudited Standalone 8419280000.00 341740000.00 8761020000.00 0.00 0.00 0.00 3629280000.00 130060000.00 332230000.00 2977100000.00 7068670000.00 1692350000.00 -444940000.00 1247410000.00 434450000.00 14550000.00 449000000.00 0.00 798410000.00 0.00 0.00 0.00 0.00 798410000.00 -93660000.00 704750000.00 704750000.00 0.00 369830000.00 10 21.28 21.27 0.00 0.00 21.28 21.27 0.00 0.00 0.00 Cost of technical sub-contractors 67270000.00 Other expenses 295480000.00 Sales and marketing services 596370000.00 Cost of technical sub-contractors 144960000.00 Other expenses 968610000.00 Sales and marketing services 1863530000.00