PERSISTENT2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member PERSISTENT2019-10-012019-12-31in-bse-fin:OneOperatingExpenses02Member PERSISTENT2019-10-012019-12-31in-bse-fin:OneOperatingExpenses03Member PERSISTENT2019-10-012019-12-31in-bse-fin:OneOperatingExpenses04Member PERSISTENT2019-10-012019-12-31in-bse-fin:OneOperatingExpenses05Member PERSISTENT2019-10-012019-12-31in-bse-fin:OneOperatingExpenses06Member PERSISTENT2019-10-012019-12-31in-bse-fin:OneOperatingExpenses07Member PERSISTENT2019-10-012019-12-31in-bse-fin:OneOperatingExpenses08Member PERSISTENT2019-10-012019-12-31in-bse-fin:OneOperatingExpenses09Member PERSISTENT2019-10-012019-12-31in-bse-fin:OneOperatingExpenses10Member PERSISTENT2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member PERSISTENT2019-10-012019-12-31in-bse-fin:FourOperatingExpenses02Member PERSISTENT2019-10-012019-12-31in-bse-fin:FourOperatingExpenses03Member PERSISTENT2019-10-012019-12-31in-bse-fin:FourOperatingExpenses04Member PERSISTENT2019-10-012019-12-31in-bse-fin:FourOperatingExpenses05Member PERSISTENT2019-10-012019-12-31in-bse-fin:FourOperatingExpenses06Member PERSISTENT2019-10-012019-12-31in-bse-fin:FourOperatingExpenses07Member PERSISTENT2019-10-012019-12-31in-bse-fin:FourOperatingExpenses08Member PERSISTENT2019-10-012019-12-31in-bse-fin:FourOperatingExpenses09Member PERSISTENT2019-10-012019-12-31in-bse-fin:FourOperatingExpenses10Member PERSISTENT2019-10-012019-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member PERSISTENT2019-10-012019-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member PERSISTENT2019-10-012019-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member PERSISTENT2019-10-012019-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares PERSISTENT 2019-04-01 2020-03-31 2019-12-19 INR Millions Third quarter Single segment Single segment 2019-10-01 2019-12-31 Unaudited Standalone 5448790000.00 409730000.00 5858520000.00 0.00 0.00 0.00 3368240000.00 10690000.00 140260000.00 1132570000.00 4651760000.00 1206760000.00 0.00 1206760000.00 323230000.00 -16030000.00 307200000.00 0.00 899560000.00 0.00 0.00 0.00 0.00 899560000.00 -30860000.00 868700000.00 868700000.00 0.00 764250000.00 10 11.77 11.77 0.00 0.00 11.77 11.77 0.00 Notes on ratios: n1. Debt equity ratio is 0.0006 however the utility rounds off the same to 0.001 automatically and hence actual ratio is provided in notes. n n2. Debt service coverage ratio is 532.32 which is computed as EBITDA / (Debt+ Interest service) n Since the utility does not accept this no., we have kept it blank and provided the same in notes. n n3. Interest service coverage ratio is 6059.83, which is computed as EBIT/Interest . Since the utility does not accept this no., we have kept it blank and provided the same in notes. n n n1. The unaudited condensed unconsolidated financial statements for the quarter and nine months ended December 31, 2019, have been taken on record by the Board of Directors at its meeting concluded on January 30, 2020, as recommended by the Audit Committee at its meeting held on January 29, 2020. The Audit Committee has reviewed the above results and the Board of Directors has approved the above results and its release at their respective meetings held on January 29, 2020 and January 30, 2020. The Statutory Auditors of the Company have carried out a 'Limited Review' of the aforesaid results. n n2.Effective April 1, 2019, the Company adopted Ind AS 116 Leases , applied to all applicable lease contracts existing on April 1, 2019 using the modified retrospective method and has taken the cumulative adjustment to retained earnings, on the date of initial application. Accordingly, comparatives for the period / year have not been retrospectively adjusted. On transition, the adoption of the new standard resulted in recognition of Right-of-Use asset (ROU) of Rs. 358.91 million and a lease liability of Rs. 501.15 million. The cumulative effect of applying the standard resulted in Rs. 106.44 million being debited to retained earnings, net of taxes. The effect of this adoption is insignificant on the profit for the period and earnings per share. n n3. As reported in the previous quarters, the Company has deposits of Rs. 430 million with the financial institutions viz. Infrastructure Leasing & Financial Services Ltd. (IL&FS) and IL&FS Financial Services Ltd. (referred to as “IL&FS Group”) as on the balance sheet date. The Company has not accrued any interest on these deposits since April 1, 2018. The amount due including interest have not been received as on date. In view of the uncertainty prevailing with respect to recovery of outstanding balances from IL&FS Group, Management of the Company has provided an additional amount of Rs. 200.00 million during the nine months ended December 31, 2019, thereby taking the total provision to Rs. 382.50 million for impairment in value of deposits as of December 31, 2019. The provision currently reflects the exposure that may arise given the uncertainty. With the resolution plan in progress, the Management is hopeful of recovery though with a time lag. The Company continues to monitor developments in the matter and is committed to take steps including legal action that may be necessary to ensure full recovery of the said deposits. n n4.In accordance with para 4 of Notified Indian Accounting Standard 108 (Ind AS-108) “Operating Segments”, the Company has disclosed segment information only on the basis of consolidated financial results. n n5. The Board of Directors of Persistent Systems Limited, at its meeting commenced on January 29, 2020 and concluded on January 30, 2020 declared an interim dividend of INR 9 per share on the face value of INR 10 each for the Financial Year 2019-20. The Record Date for the payment of the same will be Friday, February 7, 2020. The payment will be made by Friday, February 14, 2020. Single segment 2019-04-01 2019-12-31 Audited Standalone 15419830000.00 1275720000.00 16695550000.00 0.00 0.00 0.00 9515540000.00 34800000.00 418660000.00 3061700000.00 13030700000.00 3664850000.00 0.00 3664850000.00 924000000.00 -61560000.00 862440000.00 0.00 2802410000.00 0.00 0.00 0.00 0.00 2802410000.00 -212560000.00 2589850000.00 2589850000.00 0.00 764250000.00 10 36.50 36.50 0.00 0.00 36.50 36.50 0.00 Electricity expenses (net) 25300000.00 Fees for sales enablement services 231020000.00 Other Expenses 181400000.00 Provision for doubtful deposits 50000000.00 Purchase of software licenses and support expenses 348390000.00 Recruitment expenses 15480000.00 Rent 14340000.00 Selling and marketing expenses 176290000.00 Training and seminars 10410000.00 Travelling and conveyance 79940000.00 Electricity expenses (net) 76730000.00 Fees for sales enablement services 584500000.00 Other Expenses 643560000.00 Provision for doubtful deposits 200000000.00 Purchase of software licenses and support expenses 680010000.00 Recruitment expenses 48700000.00 Rent 45350000.00 Selling and marketing expenses 517290000.00 Training and seminars 16310000.00 Travelling and conveyance 249250000.00