ITI2020-01-012020-03-31in-bse-fin:OneOperatingExpenses01Member ITI2020-01-012020-03-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares ITI 2019-04-01 2020-03-31 2020-06-18 INR Lakhs Yearly Single segment The Company is primarily engaged in business of manufacturing, trading and servicing of telecommunication equipments and rendering other associated / ancillary services and there are no other reportable segments. The company is also engaged in Defence projects. The MCA vide its notification dt.23.02.2018 has exempted companies engaged in the Defence production from the requirement of Segment Reporting. 2020-01-01 2020-03-31 Audited Standalone 6504800000.00 124300000.00 6629100000.00 1941100000.00 3156300000.00 -359900000.00 625600000.00 359400000.00 94900000.00 447100000.00 6264500000.00 364600000.00 0.00 364600000.00 0.00 0.00 0.00 0.00 364600000.00 0.00 0.00 0.00 0.00 364600000.00 -96300000.00 268300000.00 0.00 0.00 9251200000.00 10 0.41 0.41 0.00 0.00 0.41 0.41 1. The Company has received Rs.300 crores as Grant from GOI towards redemption of:a) 1,00,00,000, 8.75% Cumulative redeemable preference shares, Face value of Rs.100/ each, and b) 2,00,00,000, 7% Cumulative redeemable preference shares, Face value of Rs.100/ each, of Rs.200 crores. 2.The Dept of Telecommunications (DoT), GOI has allocated Grant of Rs.8540 lacs to the company towards meeting the liability of PF of the employees who were given VRS/VSS or whose VRS/VSS was under process as on 30.6.2018 which was approved by Dept of Expenditure,MoF. The DoT has intimated vide letter dated 31st Dec 2019 that the company may account for allocation of Rs.85.40 Crore in the current financial year 2019-20 to meet its liabilities on accoun of statutory dues from its own resources which will be recouped by DoT. The management has confirmed that the company will fulfil the condition stipulated by DoT by the end of this financial year and accordingly has recognised the Grant of Rs. 8540 lacs as Other Income for the quarter ended 31st December 2019 (Please see comments of Auditors in review report). 5.Revenue for the quarter ended 31st March 2020 of Rs.65048 lakhs and Rs.205887 lakhs for the year ended 31st March 2020, includes Rs.50203 lakhs which has been recognised as 'Unbilled Revenue' 6.Other Income includes Rs.1243 Lakhs for the quarter ended 31st March 2020 and Rs.18371 lakhs for the year ended 31st March 2020 , which represent Rs.4407.04 lakhs provisions / liabilities written back/ no-longer required related to earlier years. 7.Other Expense for the year ended 31.03.2020 includes Rs.242.60 lakhs represents, unrealisable debts written off . 8.FPO (Further Public on Offer) expenses of Rs.1363.39 lakhs have been adjusted to share premium account. 9.Rs.1744.41 lakhs paid on account of PL encashment of earlier years have been adjusted to surplus 11.Corresponding Quarter figures have been regrouped/restated wherever necessary. 12.The Company is primarily engaged in business of manufacturing, trading and servicing of telecommunication equipments and rendering other associated / ancillary services and there are no other reportable segments. The Company is primarily operating in India, which is considered as a single geographical segment. The company is also engaged in Defence projects. The MCA vide its notification dt.23.02.2018 has exempted companies engaged in the Defence production from the requirement of Segment Reporting. 13.The Company is a Sick Company as per provisions of Sick Industrial Companies Act(SICA), 1985. CCEA has approved a financial assistance of Rs.4156.79 crore in February, 2014, for revival of ITI under Rehabilitation Scheme. 14.The figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published year to date unaudited figures up to the third quarter of the current financial year nFor detailed Notes to Result kindly refer the full results uploaded with Stock Exchanges Single segment 2019-04-01 2020-03-31 Audited Standalone 20588700000.00 1837100000.00 22425800000.00 12025500000.00 4186800000.00 -402900000.00 2308200000.00 1406600000.00 418900000.00 974100000.00 20917200000.00 1508600000.00 0.00 1508600000.00 0.00 0.00 0.00 0.00 1508600000.00 0.00 0.00 0.00 0.00 1508600000.00 39200000.00 1547800000.00 0.00 0.00 9251200000.00 10 0.00 1.57 1.57 0.00 0.00 1.57 1.57 Other Expenses 447100000.00 Other Expenses 974100000.00