SOBHA2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member SOBHA2019-10-012019-12-31in-bse-fin:OneOperatingExpenses02Member SOBHA2019-10-012019-12-31in-bse-fin:OneOperatingExpenses03Member SOBHA2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member SOBHA2019-10-012019-12-31in-bse-fin:FourOperatingExpenses02Member SOBHA2019-10-012019-12-31in-bse-fin:FourOperatingExpenses03Member SOBHA2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue01Member SOBHA2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue02Member SOBHA2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue03Member SOBHA2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue01Member SOBHA2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue02Member SOBHA2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue03Member SOBHA2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults01Member SOBHA2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults02Member SOBHA2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults03Member SOBHA2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults01Member SOBHA2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults02Member SOBHA2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults03Member SOBHA2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets01Member SOBHA2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets02Member SOBHA2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets03Member SOBHA2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities01Member SOBHA2019-12-31in-bse-fin:OneReportableSegmentLiabilities01Member SOBHA2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities02Member SOBHA2019-12-31in-bse-fin:OneReportableSegmentLiabilities02Member SOBHA2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities03Member SOBHA2019-12-31in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares SOBHA 2019-04-01 2020-03-31 2020-01-23 INR Millions Third quarter Multi segment 2019-10-01 2019-12-31 Unaudited Consolidated 8832000000.00 180000000.00 9012000000.00 666000000.00 943000000.00 -104000000.00 582000000.00 1700000000.00 182000000.00 3879000000.00 7848000000.00 1164000000.00 0.00 1164000000.00 50000000.00 382000000.00 432000000.00 0.00 732000000.00 0.00 0.00 0.00 0.00 732000000.00 5000000.00 737000000.00 0.00 0.00 0.00 0.00 948000000.00 10 7.72 7.72 0.00 0.00 7.72 7.72 0.00 0.00 0.00 The unaudited consolidated financial results for the quarter and nine months ended 31 December 2019 have been reviewed by the Audit Committee and taken on record by the Board of Directors of the Group at its meeting held on 1 February 2020. The figures for the quarter and nine months ended 31 December 2019 was subject to Limited Review by Statutory Auditors of the Group who have expressed an unqualified review opinion. The information presented above is prepared in accordance with the Indian Accounting Standards Ind AS as prescribed under Section 133 of the Companies Act 2013 read with Rule 3 of the Companies Indian Accounting Standards Rules 2015 and Companies Indian Accounting Standards Amendment Rules, 2016. The above unaudited consolidated financial results are filed with Stock Exchanges under Regulation 33 of the SEBI Listing and Other Disclosure Requirements Regulations 2015 and are available on the Stock Exchange websites www.nseindia.com and www.bseindia.com and on the Companys website www.sobha.com n nEffective 1 April 2019 the Group adopted Ind AS 116 Leases applied to all lease contracts except leases which are expiring less than 12 months on 1 April 2019 using the modified retrospective method without taking the cumulative adjustment to retained earnings. Accordingly the comparatives for the year ended 31 March 2019 have not been retrospectively adjusted. n nOn transition the adoption of the new standard resulted in recognition of Right of Use asset ROU of ` 130 million and ` 173 million as at 31 December 2019 and 1 April 2019 respectively and a corresponding lease liability of ` 135 million and ` 173 million as at 31 December 2019 and 1 April 2019 respectively. The net effect of adoption has resulted in an increase in cost by ` 4 million net of tax. n nThe Group has elected to exercise the option permitted under section 115BAA of the Income tax Act 1961 as introduced by the Taxation Laws Amendment Ordinance, 2019. Accordingly the Group has recognized Provision for Income Tax for the nine months ended 31 December 2019 and re measured its Deferred Tax Asset basis the rate prescribed in the said section. The Group will account for the impact of this change over the period July 2019 to March 2020 by revising the annual effective income tax rate. n nThe previous year figures have been regrouped reclassified wherever necessary to conform to the current quarter and nine months ended presentation. Multi segment 2019-04-01 2019-12-31 Unaudited Consolidated 28438000000.00 543000000.00 28981000000.00 2310000000.00 5026000000.00 -3032000000.00 1864000000.00 5098000000.00 535000000.00 13664000000.00 25465000000.00 3516000000.00 0.00 3516000000.00 193000000.00 1015000000.00 1208000000.00 0.00 2308000000.00 0.00 0.00 0.00 0.00 2308000000.00 6000000.00 2314000000.00 0.00 0.00 0.00 0.00 948000000.00 10 24.33 24.33 0.00 0.00 24.33 24.33 0.00 0.00 0.00 Land purchase cost 852000000.00 Other Expenses 984000000.00 Sub contractor and Other Charges 2043000000.00 Land purchase cost 3882000000.00 Other Expenses 2998000000.00 Sub contractor and Other Charges 6784000000.00 Contractual and Manufacturing 3331000000.00 Finance and Other Income 0.00 Real Estate 5766000000.00 Contractual and Manufacturing 10817000000.00 Finance and Other Income 0.00 Real Estate 18494000000.00 9097000000.00 29311000000.00 265000000.00 873000000.00 8832000000.00 28438000000.00 Contractual and Manufacturing 652000000.00 Finance and Other Income 180000000.00 Real Estate 2593000000.00 Contractual and Manufacturing 1951000000.00 Finance and Other Income 543000000.00 Real Estate 7972000000.00 3425000000.00 10466000000.00 1700000000.00 5098000000.00 561000000.00 1852000000.00 1164000000.00 3516000000.00 Contractual and Manufacturing 8645000000.00 Finance and Other Income 0.00 Real Estate 95968000000.00 104613000000.00 5295000000.00 109908000000.00 Contractual and Manufacturing 4246000000.00 Finance and Other Income 0.00 Real Estate 48640000000.00 52886000000.00 33218000000.00 86104000000.00