PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneOperatingExpenses02Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:FourOperatingExpenses02Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue01Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue02Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneReportableSegmentRevenue03Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue01Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue02Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:FourReportableSegmentRevenue03Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults01Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults02Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneReportableSegmentResults03Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults01Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults02Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:FourReportableSegmentResults03Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets01Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets02Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneReportableSegmentAssets03Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities01Member PHOENIXLTD2019-12-31in-bse-fin:OneReportableSegmentLiabilities01Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities02Member PHOENIXLTD2019-12-31in-bse-fin:OneReportableSegmentLiabilities02Member PHOENIXLTD2019-10-012019-12-31in-bse-fin:OneReportableSegmentLiabilities03Member PHOENIXLTD2019-12-31in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares PHOENIXLTD 2019-04-01 2020-03-31 2020-01-31 INR Lakhs Third quarter Multi segment 2019-10-01 2019-12-31 Unaudited Consolidated 5117895000.00 132754000.00 5250649000.00 199643000.00 0.00 123227000.00 521263000.00 888971000.00 514378000.00 1680587000.00 3928069000.00 1322580000.00 0.00 1322580000.00 121977000.00 235734000.00 357711000.00 0.00 964869000.00 0.00 0.00 0.00 107043000.00 1071912000.00 31598000.00 1103510000.00 918511000.00 153401000.00 950225000.00 153285000.00 306799000.00 2 5.99 5.97 0.00 0.00 5.99 5.97 1. The above Financial Results of the Group for the quarter ended 31st December, 2019 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held on 10th February, 2020. n n2. The Group has adopted Ind AS – 116 “Leases” effective reporting period beginning from 1st April, 2019, using the modified retrospective approach. The adoption of this standard does not have any material impact on the financial results of the Group. n n3. The Company has issued 51,000 Equity Shares under the ESOP scheme at an exercise price of Rs. 333.90 per equity share (including premium of Rs. 331.90 per equity share) during the quarter ended 31st December, 2019. n n4. The Board of Directors approved the Scheme of Amalgamation (“Scheme”) under section 230 to 232 of the Companies Act, 2013 for merger of Phoenix Hospitality Company Private Limited (“PHCPL”), a subsidiary company with the Company from the Appointed Date 1st April, 2019. The effect of the merger would be accounted for after the Scheme is approved by National Company Law Tribunal ( NCLT ) and other authorities. The Company has received a No-objection Certificate from both the stock exchanges, pursuant to which it has filed the merger application with the NCLT. n n5. The Group has elected to exercise the option permitted under section 115BAA of the Income Tax Act, 1961. Accordingly, the Group has recognised provision for Income Tax for the quarter and nine months ended 31st December, 2019 and re-measured its Deferred tax assets/liability including the MAT credit basis the rate and the provisions prescribed in the aforesaid section. The impact of this change is recognised over the period upto 31st March, 2020. n n6. Exceptional items include : (a) Provision for diminution of Rs. 2,448.90 lakhs on the equity investments in Entertainment World Developers Ltd and fully convertible debentures of Treasure World Developers Pvt. Ltd.; (b) Write off of interest accrued of Rs. 1,432.51 lakhs on the above debentures; (c) Provision of doubtful loans of Rs. 241.98 Lakhs; and (d) Claim Settlement of Rs. 4,900 lakhs in a suit for damages filed by Company, of which Rs. 1,000 lakhs has been received and the balance receivable is secured by deposit of title deeds of immovable properties. n n7. The figures for the corresponding previous periods have been restated/regrouped, wherever necessary, to make them comparable with the current periods. n n8. Based on the results & the financial information regularly reviewed by chief operating decision maker for making decisions about the resource allocation & performance assessment, the group has on consolidated basis identified two reportable segments viz Property & related services and Hospitality services as per Ind As 108. Multi segment 2019-04-01 2019-12-31 Unaudited Consolidated 15418996000.00 481066000.00 15900062000.00 912139000.00 0.00 887417000.00 1301648000.00 2637915000.00 1530753000.00 4689551000.00 11959423000.00 3940639000.00 77661000.00 4018300000.00 338235000.00 603824000.00 942059000.00 0.00 3076241000.00 0.00 0.00 0.00 280430000.00 3356671000.00 -197570000.00 3159101000.00 2880368000.00 476303000.00 2682914000.00 476187000.00 306799000.00 2 18.78 18.73 0.00 0.00 18.78 18.73 Electricity Expenses 390285000.00 Other Expenses 1290302000.00 Electricity Expenses 1264779000.00 Other Expenses 3424772000.00 Hospitality Services 1093651000.00 Property & Related Services 4024244000.00 Unallocated 0.00 Hospitality Services 2623288000.00 Property & Related Services 12795708000.00 Unallocated 0.00 5117895000.00 15418996000.00 5117895000.00 15418996000.00 Hospitality Services 271412000.00 Property & Related Services 1807385000.00 Unallocated 0.00 Hospitality Services 386929000.00 Property & Related Services 5710559000.00 Unallocated 0.00 2078797000.00 6097488000.00 888971000.00 2637915000.00 -132754000.00 Other unallocable expenditure net off unallocable income for the nine months ended on December 31, 2019 includes other income of Rs. 4,810.66 and exceptional items of Rs. 776.61. -558727000.00 1322580000.00 4018300000.00 Hospitality Services 10938840000.00 Property & Related Services 79755294000.00 Unallocated 13863844000.00 104557978000.00 0.00 104557978000.00 Hospitality Services 7878652000.00 Property & Related Services 47037567000.00 Unallocated 6814000.00 54923033000.00