AMBER2020-01-012020-03-31in-bse-fin:OneOperatingExpenses01Member AMBER2020-01-012020-03-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares AMBER 2019-04-01 2020-03-31 2020-05-21 INR Lakhs Yearly Single segment Manufacturing of consumer durables products and its components 2020-01-01 2020-03-31 Audited Standalone 10460839000.00 -5892000.00 10454947000.00 8771523000.00 0.00 121595000.00 144340000.00 73551000.00 161402000.00 662646000.00 9935057000.00 519890000.00 0.00 519890000.00 149944000.00 -162402000.00 -12458000.00 0.00 532348000.00 0.00 0.00 0.00 0.00 532348000.00 -135000.00 532213000.00 0.00 0.00 314465000.00 10 16.93 16.93 0.00 0.00 16.93 16.93 Notes: n1.The financial results have been reviewed by the Audit Committee of Co. & approved by Board in its meeting held on 30.05.2020. Statutory auditors have expressed an unmodified opinion on these results. n2. The above results have been prepared in accordance with IND AS. n3. The Company operates in one reportable business segment i.e., manufacturing of consumer durable products & is operating in India. n4. Effective 1.04.2019, the Company adopted hid AS 116 Leases , applied to all lease contracts existing on 1.04.2019 using the modified retrospective method alongwith transition option to recognise Right-of-Use asset (ROU) at an amt equal to Lease Liability. n5. Figures for the quarter ended 31.03.2020 and 31.03.2019 as reported in these results are balancing figures between audited figures in respect of full FY & the published year to date figures upto the 3rd quarter of the FY ended 31.03.2020 & 31.03.2019. Also, the figures upto the end 3rd quarter were only reviewed & not audited. n6. During quarter ended 30.09.2019, the GOI promulgated the Taxation Laws (Amendment) Ordinance, 2019 ('Ordinance') announcing key changes to corporate tax rates in Income Tax Act 1961, Company has an irrevocable option of shifting to a lower tax rate with consequent reduction in certain tax incentives. Company has not exercised this option for the current year and continues to recognize the taxes on income for the year ended 31.03.2020 as per earlier provisions. This has resulted in a reversal of deferred tax liabilities to the extent of 2445.29 lakh by splitting the impact over remaining year. n7. The spread of COVID-19 has affected the business from Mid-March 2020, which culminated into scaling down of the Cos operations, post the national lock down. The Co. necessary measures in consonance with Central & State Govt. advisories to contain the pandemic, which includes closing of manufacturing facilities, warehouses & adopting work from Home policy for employees across locations. Given the uncertainty of quick turnaround to normalcy, post lifting of the lock down, the Company has rained out a comprehensive assessment of possible impact on its business operations, financial assets, contractual obligations and its overall liquidity position, based on the internal and external sources of information and application of reasonable estimates. Co. does not foresee any significant incremental risk to the recoverability of its assets or in meeting its financial obligations over the foreseeable future, given easy and required steps taken to contain, protect and mitigate the exposure. Pursuant to the relaxed guidelines, the Co. has now resumed its manufacturing operations as allowed in strict keeping with Govt advisories. Supply chain and product sale activities are being resumed with warehouses becoming functional for material movement; however, most of the staff continues to operate from home. Since the situations are continuously evolving it the impact assessed may be different from the estimates made as at the date of approval of these financial results and management will continue to monitor any material changes arising due to the impact of this pandemic on financial & operational performance of Company and take necessary measures to address the situation. n8. The Board at its meeting held on 19.03.2020 declared an interim dividend of 1.60 (par value of 10 each) per eq sh. The record was as 27.03.2020 for the payment of interim dividend & it was paid on 30.03.2020. During the year, the Company has declared total interim dividend amounting 1,213.14 lakh (inclusive of DDT) at 3.20 (par value of 10 each) per eq sh. n9 .Freight inward cost in quarter ended 31 March 2019 & year ended 31.03.2019 amting to 209.79 lakh & 521.40 lakh, regrouped from operating expenses to cost of material consumed. n10 The figures for the corresponding previous period/year have been regrouped/redassified, wherever considered necessary, to make them comparable. Single segment 2019-04-01 2020-03-31 Audited Standalone 30027351000.00 58663000.00 30086014000.00 25935448000.00 0.00 -286319000.00 517732000.00 293930000.00 610654000.00 1725480000.00 28796925000.00 1289089000.00 0.00 1289089000.00 288148000.00 -178459000.00 109689000.00 0.00 1179400000.00 0.00 0.00 0.00 0.00 1179400000.00 -2938000.00 1176462000.00 0.00 0.00 314465000.00 10 1000000.00 37.50 37.50 0.00 0.00 37.50 37.50 Other Expenses 662646000.00 Other Expenses 1725480000.00