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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 462.57 which is computed as EBITDA / (Debt+ Interest service) 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 4033.80, which is computed as EBIT/Interest (Annualised). Since the utility does not accept this no., we have kept it blank and provided the same in notes. n nNotes to results: n1. The unaudited condensed consolidated 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. n2.Effective April 1, 2019, the Group 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 assets (ROU) of Rs. 722.51 million and a lease liability of Rs. 888.90 million. The cumulative effect of applying the standard resulted in Rs. 123.60 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. n3.As reported in the previous quarters, Persistent Systems Limited (“the Parent Company”) has deposits of Rs. 430.00 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 Group has not accrued any interest on these deposits since April 1, 2018. In view of the uncertainty prevailing with respect to recovery of outstanding balances from IL&FS Group, Management of the Parent Company has provided an additional amount of Rs. 200.00 million during 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 of the Parent Company is hopeful of recovery though with a time lag. The Parent 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. n4.Aepona Holdings Limited, Ireland, the wholly owned subsidiary of Persistent Systems Inc., USA and step down subsidiary of the Company, dissolved w.e.f. October 24, 2019. 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 Rs 9 per share on the face value of Rs 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. n6.The figures for the corresponding previous period have been regrouped / reclassified wherever necessary, to make them comparable. Multi segment 2019-04-01 2019-12-31 Unaudited Consolidated 26394430000.00 1030570000.00 27425000000.00 0.00 0.00 0.00 18636140000.00 51640000.00 1239370000.00 4104860000.00 24032010000.00 3392990000.00 0.00 3392990000.00 1034610000.00 -206300000.00 828310000.00 0.00 2564680000.00 0.00 0.00 0.00 0.00 2564680000.00 -262990000.00 2301690000.00 2564680000.00 0.00 2301690000.00 0.00 764250000.00 10 33.41 33.41 0.00 0.00 33.41 33.41 0.00 Advertisement, conference and sponsorship fees 59370000.00 Communication expenses 25580000.00 Discount allowed 31730000.00 Electricity expenses (net) 30180000.00 Internet link expenses 11090000.00 Legal and professional fees 134250000.00 Other Expenses 301480000.00 Provision for doubtful deposits and advances 50000000.00 Purchase of software licenses 540750000.00 Travelling and conveyance 214620000.00 Advertisement, conference and sponsorship fees 153770000.00 Communication expenses 76880000.00 Discount allowed 107270000.00 Electricity expenses (net) 90380000.00 Internet link expenses 47810000.00 Legal and professional fees 447070000.00 Other Expenses 871610000.00 Provision for doubtful deposits and advances 200000000.00 Purchase of software licenses 1391430000.00 Travelling and conveyance 718640000.00 - Accelerite (Products) 327290000.00 - Alliance 2465720000.00 - Technology Services 6434280000.00 - Accelerite (Products) 1004560000.00 - Alliance 7271230000.00 - Technology Services 18118640000.00 9227290000.00 26394430000.00 0.00 0.00 9227290000.00 26394430000.00 - Accelerite (Products) 150960000.00 - Alliance 696790000.00 - Technology Services 2417090000.00 - Accelerite (Products) 445050000.00 - Alliance 2294990000.00 - Technology Services 6770260000.00 3264840000.00 9510300000.00 14760000.00 51640000.00 2110330000.00 Note for segment wise information: nOperating segments are components of an enterprise for which discrete financial information is available that is evaluated regularly by the chief operating decision makers, in deciding how to allocate resources and assessing performance. The Group's chief operating decision makers are the Chief Executive Officer and the Chairman and managing director. n nSegment wise capital employed: nSegregation of assets (other than trade receivables), liabilities, depreciation and amortization and other non-cash expenses into various reportable segments have not been presented as the assets and liabilities are used interchangeably among segments and the Group is of the view that it is not practical to reasonably allocate the other assets, liabilities and other non-cash expenses to individual segments and an ad-hoc allocation will not be meaningful. 6065670000.00 1139750000.00 3392990000.00 - Accelerite (Products) 395520000.00 - Alliance 1509440000.00 - Technology Services 3606980000.00 5511940000.00 23706090000.00 29218030000.00 - Accelerite (Products) 0.00 - Alliance 0.00 - Technology Services 0.00 0.00 0.00 0.00