PETRONET2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member PETRONET2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares PETRONET 2019-04-01 2020-03-31 2020-01-30 INR Lakhs Third quarter Single segment Natural Gas Business 2019-10-01 2019-12-31 Unaudited Standalone 89102300000.00 841600000.00 89943900000.00 76188900000.00 0.00 0.00 407200000.00 940200000.00 1960000000.00 1430500000.00 80926800000.00 9017100000.00 0.00 9017100000.00 2150000000.00 115300000.00 2265300000.00 0.00 6751800000.00 0.00 0.00 0.00 0.00 6751800000.00 0.00 6751800000.00 0.00 0.00 15000000000.00 10 4.50 4.50 0.00 0.00 4.50 4.50 I The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at the meeting held on l0th February 2020. The Statutory auditors of the Company have carried out a limited review of the aforesaid results. n n2 The Company primarily operates in the business of import and processing of liquified natural gas. Accordingly, there is only one Reportable Segment i.e. Natural Gas Business , Hence, no specific disclosure has been made w.r.t. operating segments. n n3 In accordance with IND AS 116 Leases adopted by the Company with effect from 1st April 2019, the Company has recognized the 'Right to Use Assets' and corresponding 'Lease Liability' of Rs. 3828.85 Crore as on 1st April 2019. As per IND AS 116,' Depreciation' and 'Finance Cost' expenses have been recognized on leases which were classified under 'Cost of the Goods Sold' or 'Rent Expenses', as 1he case may be, in the profit and loss account. Accounting application of Ind AS 116 has resulted into decrease in profit before tax of the current quarter and nine months ended 31st December 2019 by Rs. 73.25 Crore and Rs. 261 .37 Crore respectively as compared to accounting under previous standard. n n4 The taxation impact recognized during the previous quarter and YTD results includes the impact of reversal of tax liability (including re-measurement impact of deterred tax liability} due to exercise of lower rate tax option by the Company under Sec l I 5BAA of the Income Tax Act, 1961. n n5 In view of expected increase in capacity utilisation at Kochi terminal, the customers of the Company are asking for lower regasification tariff w.e.f 1st April, 2019. The Company is in discussion with its customers for volumes tied up with respect to the said terminal and pending the finalisation of tariff the Company has recognised revenue on the basis of offered regasification tariff n n6 Previous year/period figures have been regrouped and rearranged to make them comparable with current year/ period figures. Single segment 2019-04-01 2019-12-31 Unaudited Standalone 268848500000.00 2860900000.00 271709400000.00 230599700000.00 0.00 0.00 968500000.00 2996700000.00 5819100000.00 4360800000.00 244744800000.00 26964600000.00 -720600000.00 26244000000.00 6950000000.00 -4091800000.00 2858200000.00 0.00 23385800000.00 0.00 0.00 0.00 0.00 23385800000.00 0.00 23385800000.00 0.00 0.00 15000000000.00 10 15.59 15.59 0.00 0.00 15.59 15.59 Other Expenses 1430500000.00 Other Expenses 4360800000.00