SRF2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member SRF2019-10-012019-12-31in-bse-fin:OneOperatingExpenses02Member SRF2019-10-012019-12-31in-bse-fin:OneOperatingExpenses03Member SRF2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member SRF2019-10-012019-12-31in-bse-fin:FourOperatingExpenses02Member SRF2019-10-012019-12-31in-bse-fin:FourOperatingExpenses03Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue01Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue02Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue03Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue04Member SRF2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue01Member SRF2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue02Member SRF2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue03Member SRF2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue04Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults01Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults02Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults03Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults04Member SRF2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults01Member SRF2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults02Member SRF2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults03Member SRF2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults04Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets01Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets02Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets03Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets04Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities01Member SRF2019-12-31in-bse-fin:OneReportableSegmentLiabilities01Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities02Member SRF2019-12-31in-bse-fin:OneReportableSegmentLiabilities02Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities03Member SRF2019-12-31in-bse-fin:OneReportableSegmentLiabilities03Member SRF2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities04Member SRF2019-12-31in-bse-fin:OneReportableSegmentLiabilities04Member SRF2019-10-012019-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SRF2019-10-012019-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SRF2019-10-012019-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member SRF2019-10-012019-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member SRF2019-10-012019-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member SRF2019-10-012019-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares SRF 2019-04-01 2020-03-31 2020-01-23 INR Crores Third quarter Multi segment 2019-10-01 2019-12-31 Unaudited Consolidated 18504900000.00 55600000.00 18560500000.00 9283900000.00 311600000.00 -267900000.00 1367500000.00 475300000.00 1018600000.00 3780900000.00 15969900000.00 2590600000.00 0.00 2590600000.00 -659600000.00 -204500000.00 -864100000.00 0.00 3454700000.00 -27500000.00 -2700000.00 -24800000.00 0.00 3429900000.00 125100000.00 3555000000.00 0.00 0.00 0.00 0.00 574800000.00 10 60.10 60.10 -0.43 -0.43 59.67 59.67 The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on Feburary 3, 2020. The review report of the Statutory Auditors is being filed with BSE and National Stock Exchange. For more details on the consolidated results, visit Investors section of our website at www.srf.com and financial results at Corporates section of www.nseindia.com and www.bseindia.com.tttttt nThese financial results of the Group have been prepared in accordance with the Indian Accounting Standards ( Ind AS ) as prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and the other accounting principles generally accepted in India.t nEngineering Plastics Business has been divested with effect from August 1, 2019. The business was reported under “Others segment” in accordance with the requirements of Ind AS 108 – Operating Segments in the consolidated financial statements till previous year. The relevant financial information of the said has been disclosed under discontinued operations in terms of Ind AS 105- Non-current assets held for sale and discontinued operations . The particulars of discontinued operations disclosed are as under:tttttttt nttttttt(Rs. in Crores)t nS.no.ttParticularstQuarter EndedtttNine Months EndedttYear Ended nttt31-Dec-19t30-Sep-19t31-Dec-18t31-Dec-19t31-Dec-18t31-Mar-19 nIt(a)tTotal incomet - t 18.36 t 60.60 t 75.13 t 195.94 t 253.94 nt(b)tTotal expensest - t 16.57 t 54.58 t 67.05 t 176.61 t 229.87 nt(c)tProfit before tax for the period from discontinued operations {I(a)-I(b)}t - t 1.79 t 6.02 t 8.08 t 19.33 t 24.07 nt(d)tTax expense related to discontinued operationst - t 0.62 t 2.10 t 2.82 t 6.75 t 8.41 nt(e)tNet Profit after tax for the period from discontinued operations {I(c)-I(d)}t - t 1.17 t 3.92 t 5.26 t 12.58 t 15.66 nIIt(a)tProfit before tax on disposal of discontinued operationst - t 233.74 t - t 233.74 t - t - nt(b)tTax expense related to disposal of discontinued operationst - t 58.41 t - t 58.41 t - t - nt(c)tNet Profit after tax on disposal of discontinued operations {II(a)-II(b)}t - t 175.33 t - t 175.33 t - t - nIIIttNet Profit after tax for the period from discontinued operations {I(e)+II ( c )}t - t 176.50 t 3.92 t 180.59 t 12.58 t 15.66 ntttttttt nSRF Industries(Thailand) Limited closed its Technical Textiles Business operations located at Rayong, Thailand w.e.f. October 21, 2019. The business was reported as part of Technical Textiles Business as per requirements of Ind AS 108 – Operating Segments in the consolidated financial results till quarter ended June 30, 2019. The financial information of the said business have been classified as Discontinued Operations as per requirements of INDAS 105 - Non -current assets held for sale and discontinued operations . The relevant assets and liabilities have been recognised at estimated fair value and all future realizations / settlements of said assets / liabilities will continue to be shown under discontinued operations. The particulars of said discontinued operations are as under:tttttttttttt(Rs. in Crores)t nS.nottParticularstQuarter EndedtttNine Months EndedttYear Ended nttt31-Dec-19t30-Sep-19t31-Dec-18t31-Dec-19t31-Dec-18t31-Mar-19 n(a)ttTotal income t 21.72 t 46.72 t 93.66 t 133.66 t 273.87 t 351.33 n(b)ttTotal expenses excluding point no. ( c )t 24.47 t 53.96 t 85.44 t 210.31 t 247.99 t 316.94 n(c)ttImpact on account of fair value measurement loss / (gain) on assets/liabilitiest - t 70.29 t - t - t - t - n(d)ttProfit / (loss) before tax from discontinued operations (a-b-c)t (2.75)t (77.53)t 8.22 t (76.65)t 25.88 t 34.39 n(e)ttTax expense / (gain) related to discontinued operations t (0.27)t (1.23)t - t (7.66)t - t - n(f)ttNet Profit / (loss) after tax from discontinued operations (d-e)t (2.48)t (76.30)t 8.22 t (68.99)t 25.88 t 34.39 Multi segment 2019-04-01 2019-12-31 Unaudited Consolidated 53515800000.00 427300000.00 53943100000.00 27750200000.00 725200000.00 -780400000.00 3949200000.00 1540600000.00 2872400000.00 10935300000.00 46992500000.00 6950600000.00 0.00 6950600000.00 10300000.00 -277100000.00 -266800000.00 0.00 7217400000.00 1651700000.00 535700000.00 1116000000.00 0.00 8333400000.00 67300000.00 8400700000.00 0.00 0.00 0.00 0.00 574800000.00 10 125.56 125.56 19.42 19.42 144.98 144.98 Exchange currency fluctuation (gain) / loss -127300000.00 Other expenses 2087600000.00 Power and fuel 1820600000.00 Exchange currency fluctuation (gain) / loss -235800000.00 Other expenses 6161600000.00 Power and fuel 5009500000.00 Chemicals Business (CB) 8118800000.00 Others 690500000.00 Packaging Film Business (PFB) 6381800000.00 Technical Textile Business (TTB) 3356700000.00 Chemicals Business (CB) 20930900000.00 Others 2206600000.00 Packaging Film Business (PFB) 20024900000.00 Technical Textile Business (TTB) 10407700000.00 18547800000.00 53570100000.00 42900000.00 54300000.00 18504900000.00 53515800000.00 Chemicals Business (CB) 1430700000.00 Others 82700000.00 Packaging Film Business (PFB) 1494000000.00 Technical Textile Business (TTB) 365000000.00 Chemicals Business (CB) 3525800000.00 Others 264900000.00 Packaging Film Business (PFB) 4248900000.00 Technical Textile Business (TTB) 1142800000.00 3372400000.00 9182400000.00 475300000.00 1540600000.00 334000000.00 The group has adopted Ind AS 116, w.e.f. April 1, 2019 by using the modified retrospective approach. Accordingly, the comparative information has not been restated. This has resulted in recognising a right-of-use assets of Rs. 207.20 crores, including reclassification amounting to Rs. 136.39 crores from non current/current assets to right to use assets for prepaid lease rentals. Also a corresponding liability of Rs. 70.81 Crores has been recognised as at April 1, 2019. nIn 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 right-to-use asset and finance cost for interest accrued on lease liability. There is no material impact on profit/(loss) after tax and earnings per share for the quarter and nine months ended December 31, 2019, on adoption of Ind AS 116. tttttttt n7.33% Listed, Secured Redeemable Non-Convertible Debentures of Rs. 10 lakhs each aggregating to Rs. 300 crores were allotted on June 30, 2017. These have been secured against first pari-passu charge over some of the moveable and immovable properties of the Company to the extent of asset cover 2.38 times.tttttttt nThe Board at its meeting held today had approved second interim dividend for 2019-20 of Rs. 7 Per fully paid up equity share of Rs. 10 each absorbing an aggregate amount of Rs. 48.51 (including taxes).ttt nSection 115BAA of the Income Tax Act, 1961 was introduced by the Taxation Laws (Amendment) Ordinance, 2019. Based on the current estimate of expected timing of exercising of the option under Section 115BAA, the Company has re-measured its deferred tax balances. Consequently, credit of Rs. 123.42 Crores (net of MAT adjustment) has been recorded in the Statement of Profit and Loss during the quarter.tttttttt n Limited Review : nThe Limited Review, as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been completed by the Statutory Auditors. -960500000.00 2563100000.00 8602300000.00 Chemicals Business (CB) 53652200000.00 Others 2007200000.00 Packaging Film Business (PFB) 34885700000.00 Technical Textile Business (TTB) 13903600000.00 104448700000.00 3831300000.00 108280000000.00 Chemicals Business (CB) 5035600000.00 Others 383100000.00 Packaging Film Business (PFB) 6828200000.00 Technical Textile Business (TTB) 3067300000.00 15314200000.00 43750300000.00 59064500000.00