SCHNEIDER2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member SCHNEIDER2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares SCHNEIDER 2019-04-01 2020-03-31 2020-01-23 INR Millions Third quarter Single segment As the Company's business operations fall within a single primary business segment viz. product and systems for electricity distribution, the disclosure requirements of Ind AS 108 Operating Segmentsnprescribed under section 133 of the CA 2013 read with relevant rules, are not applicable. 2019-10-01 2019-12-31 Unaudited Standalone 4806860000.00 71710000.00 4878570000.00 3124040000.00 9380000.00 221540000.00 540370000.00 123110000.00 57430000.00 502440000.00 4578310000.00 300260000.00 0.00 300260000.00 0.00 0.00 0.00 0.00 300260000.00 0.00 0.00 0.00 0.00 300260000.00 -30860000.00 269400000.00 0.00 0.00 478210000.00 2 1.26 1.26 0.00 0.00 1.26 1.26 The Financial Results were reviewed by AC and approved by the Board of Directors at their meeting held on February 5, 2020. nThey have been prepared in accordance with IND-AS as prescribed under section 133 of Companies Act 2013 read with Rule 3 of the companies (Indian Accounting Standards) Rules 2015 (as amended). nAs the Company's business operations fall within a single primary business segment viz. product and systems for electricity distribution, the disclosure requirements of Ind AS 108 Operating Segments, are not applicable. nThe Company has adopted Ind AS 116 Leases effective April 1, 2019 and applied the AS to its Leases using the modified retrospective approach. On transition, the adoption of new standard resulted in recognition of Right-of-Use asset of Rs.16.24 millions and corresponding lease liability of Rs. 16.24 millions. nThe impact of application of Ind AS 116, Leases, on the financial results for the quarter and nine months ended December 2019 are as follows:- n n Quarter ended Quarter ended Nine months ended dec 31, 2019 n Dec 31, 2019 Sep 30, 2019 nRent expense is lower byt 3.00 tt 2.00 t 7.00 nDepreciation is higher byt (2.92)tt (1.93)t (6.78) nFinance cost is higher byt (0.61)tt (0.27)t (1.15) nProfit before tax is lower byt (0.53)tt (0.20)t (0.93) n Earnings per equity share (EPS) is lower by n(not annualised) t (0.00)tt (0.00)t (0.00) n nExceptional items represent expenses incurred under the organisational restructuring, to achieve higher efficiency, planned for over a period of time and includes shifting of factory lines to other locations and related employees settlement cost. nDuring the quarter, the Company earned a net profit of 269.40 MINR (inclusive of other comprehensive income) however, incurred a net loss of MINR 127.54 during the nine months period ended December 31, 2019. As at December 31, 2019, the Company has total accumulated losses of MINR 3,322.43 and Company’s net worth is MINR 295.81. The management has evaluated availability of sufficient funding to meet Company’s obligations. For such evaluation, the management has considered various factors which includes estimated future cash flow, availability of credit facilities sanctioned by the banks and borrowings sourced from another Schneider group companies. Basis such evaluation, the management is confident that the Company will be able to realise its assets and discharge its liabilities in the normal course of business and therefore these financial results have been prepared based on going concern assumption. nPrior period figures have been reclassified/regrouped wherever necessary, to correspond with those of the current period classification. Single segment 2019-04-01 2019-12-31 Unaudited Standalone 11522360000.00 127150000.00 11649510000.00 7977420000.00 28200000.00 214690000.00 1615720000.00 374030000.00 165040000.00 1312660000.00 11687760000.00 -38250000.00 0.00 -38250000.00 0.00 0.00 0.00 0.00 -38250000.00 0.00 0.00 0.00 0.00 -38250000.00 -89290000.00 -127540000.00 0.00 0.00 478210000.00 2 -0.16 -0.16 0.00 0.00 -0.16 -0.16 Other Expenses 502440000.00 Other Expenses 1312660000.00