VTL2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member VTL2019-10-012019-12-31in-bse-fin:OneOperatingExpenses02Member VTL2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member VTL2019-10-012019-12-31in-bse-fin:FourOperatingExpenses02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares VTL 2019-04-01 2020-03-31 2020-02-04 INR Crores Third quarter Single segment Textiles 2019-10-01 2019-12-31 Unaudited Standalone 17228800000.00 622900000.00 17851700000.00 8596800000.00 136900000.00 709400000.00 1438900000.00 285800000.00 829900000.00 4269300000.00 16267000000.00 1584700000.00 0.00 1584700000.00 457600000.00 -761500000.00 -303900000.00 0.00 1888600000.00 0.00 0.00 0.00 0.00 1888600000.00 300000.00 1888900000.00 0.00 0.00 575000000.00 10 32.84 32.56 0.00 0.00 32.84 32.56 0.00 0.00 0.00 1. The Company is primarily in the business of manufacturing and sales of textile products (i.e., Yarns and Fabrics). The Chief Operating Decision Maker (CODM), The Chairman & Managing Director, performs a detailed review of the operating results, makes decisions about the allocation of resources based on the analysis of the various performance indicators of the Company as a whole. Therefore, there is only one operating segment namely, Textiles . n n2. Effective April 1, 2019, the Company has adopted Ind AS 116 Leases , applied to all lease contracts existing on April 1, 2019 using the modified retrospective method along with the transition option to recognise Right-of-Use asset (ROU) at an amount equal to the lease liability. Accordingly, comparatives for the quarter and nine months ended December 31, 2018 and year ended March 31, 2019 have not been retrospectively adjusted. On transition, Right of use asset of Rs. 0.15 crore and a corresponding Lease Liabilities of Rs. 0.15 crore has been recognised as at April 1, 2019. Further, in respect of leases which were classified as operating leases, applying Ind AS 17, Rs. 8.45 crores has been reclassifed from Other Assets to Right of Use Asset . The effect of this adoption is not material on the profit for the period and earnings per share. n n3. These results have been prepared in accordance with the Indian Accounting Standards (referred to as Ind AS ) 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time. n n4. The Company has issued secured, rated listed Redeemable Non-convertible Debentures (NCDs) aggregating to Rs. 499.80 crores for cash at par on private placement basis on September 8, 2017. The NCDs are listed at the Bombay Stock Exchange of India (BSE) and comprise of three series repayable in third, fourth and fifth years and have an overall yield of 7.69% per annum. n nCRISIL has assigned a rating of AA+ with Stable outlook to the said NCDs of the Company on December 11, 2019. These NCDs are secured by way of a first pari passu charge over the immovable and movable fixed assets of the Company and it should have fixed asset cover of more than 1.05 times of outstanding amount of NCDs. n n5. The Company 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 Company has recognised provision for taxation and re-measured its deferred tax liabilities basis the rate prescribed in the said section and the impact of tax expense of current year and re-measurement of deferred tax liabilities is recognised in these financial results. n n6. During the nine months ended December 31, 2019, the Company has issued 22,700 equity shares under Employee Stock Options Scheme at Rs. 815 per share. As a result of above, the paid up equity share capital of the Company has increased from Rs. 57.48 crores to Rs. 57.50 crores. n n7. Financial Results has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on February 13, 2020. The limited review as required under Regulation 33 of SEBI ( Listing Obligation and Disclosure Requirements) Regulations, 2015, has been completed by the Statutory Auditors. Single segment 2019-04-01 2019-12-31 Unaudited Standalone 48339800000.00 1321300000.00 49661100000.00 25655100000.00 445000000.00 -344500000.00 4192800000.00 978900000.00 2344100000.00 11658800000.00 44930200000.00 4730900000.00 0.00 4730900000.00 993800000.00 -387100000.00 606700000.00 0.00 4124200000.00 0.00 0.00 0.00 0.00 4124200000.00 900000.00 4125100000.00 0.00 0.00 575000000.00 10 71.73 71.10 0.00 0.00 71.73 71.10 0.00 0.00 0.00 Other Expenses 2339900000.00 Power and Fuel 1929400000.00 Other Expenses 6215800000.00 Power and Fuel 5443000000.00