OLECTRA2020-01-012020-03-31in-bse-fin:OneOperatingExpenses01Member OLECTRA2020-01-012020-03-31in-bse-fin:OneOperatingExpenses02Member OLECTRA2020-01-012020-03-31in-bse-fin:OneOperatingExpenses03Member OLECTRA2020-01-012020-03-31in-bse-fin:FourOperatingExpenses01Member OLECTRA2020-01-012020-03-31in-bse-fin:FourOperatingExpenses02Member OLECTRA2020-01-012020-03-31in-bse-fin:FourOperatingExpenses03Member OLECTRA2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue01Member OLECTRA2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue02Member OLECTRA2020-01-012020-03-31in-bse-fin:FourReportableSegmentRevenue01Member OLECTRA2020-01-012020-03-31in-bse-fin:FourReportableSegmentRevenue02Member OLECTRA2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults01Member OLECTRA2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults02Member OLECTRA2020-01-012020-03-31in-bse-fin:FourReportableSegmentResults01Member OLECTRA2020-01-012020-03-31in-bse-fin:FourReportableSegmentResults02Member OLECTRA2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets01Member OLECTRA2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets02Member OLECTRA2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities01Member OLECTRA2020-03-31in-bse-fin:OneReportableSegmentLiabilities01Member OLECTRA2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities02Member OLECTRA2020-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares OLECTRA 2019-04-01 2020-03-31 2020-06-20 INR Lakhs Yearly Multi segment 2020-01-01 2020-03-31 Audited Standalone 666104000.00 11108000.00 677212000.00 620427000.00 0.00 -208739000.00 106507000.00 27658000.00 17803000.00 198229000.00 761885000.00 -84673000.00 5000000.00 -79673000.00 -13506000.00 -10082000.00 -23588000.00 0.00 -56085000.00 0.00 0.00 0.00 0.00 -56085000.00 -1499000.00 -57584000.00 0.00 0.00 328323000.00 4 -0.68 -0.71 0.00 0.00 -0.68 -0.71 TheaboveauditedstandalonefinancialresultswerereviewedbytheAuditCommitteeandthereafterapprovedatthemeetingoftheBoardof Directors held on 27June, 2020. The auditors have issued an unqualifed Audit opinion on these results.The above standalone financial results of the Group have been prepared in accordance with the Indian Accounting Standards.Effective April 1, 2019, the Group has adopted IndAS116 Leases which sets out the principles for recognition, measurement, presentation and disclosure of leases and requires lessees to account for all leases under a single on-balance sheet model. Under the modified retrospective approach at 1 April 19, the Group recognized lease liabilities of INR 411.54 lakhs and right-of-use assets of INR 411.54 lakhs. Also the application of Ind AS 116 did not have any significant impact on financial results of the Group.Segment reporting: In line with the provisions of Ind AS 108 - operating segments, the operations of the Group fall primarily under manufacturing of Composite Polymer Insulators and Electric Buses and accordingly considered under reportable segments by the management.During the quarter the transfer formalities of sale of materialwhollyownedsubsidiary of the Company ( Evey Trans Private Limited ) to MEIL Holdings Limited is completed and the resultant profit on sale of subsidiary is shown as an exceptional item.The figures of the fourth quarter are the balancing figures between audited figures in respect of the full financial year and published year to date figures upto the third quarter of the relevant financial year. Also the figures upto the end of third quarter were only reviewed and not subjected to audit.The Group had to suspend operations temporarily due to the Government’s directives relating to COVID19. The operations have resumed partially on May5,2020, as per the guidelines and norms prescribed by the Government authorities. The Group has performed a detailed assessment of its liquidity position and the recoverability of the assets as at the balance sheet date and has concluded that based on current indicators of future economic conditions, the carrying value of the assets will be recovered. Management believes that it has fully considered all the possible impact of known events in the preparation of the standalone financial results. However, given the effect of these lockdowns on the overall economic activity and in particular on the automotive industry, the impact assessment of COVID-19 is a continuing process, given the uncertainties associated with its nature and duration. The Group will continue to monitor any material changes to future economic conditions and the consequent impact on its business, if any, which may be different from those estimated as at the date of approval of these financial statements.Subsequent:The Company had issued&allotted 91,00,000 warrants to MEIL Holding Limited (MHL) on 10th October 2018 and an amount equivalent to 25% of the consideration has been received at the time of allotment of warrants and balance 75% of such consideration was to be paid before the allotment of the equity shares upon exercise of option against warrants within a period of 18 months from the date of issue of warrants. As MHL has not exercised the said option and not paid the 75% balance consideration within the period of 18 months from the date of issue of warrants, the amount already paid by MHL(25%)has been forfeited on 10April 2020.The above consolidated results are after excluding revenues and profits from sale of buses by the Parent Company to its subsidiaries. The subsidiaries earn revenues by operating these buses for STU's and hence the same are capitalised in the books of susbidiaries. Therefore, the consolidated revenues and profits of the Group are lower than the standalone revenues and profits.The previous year figures have been regrouped/reclassified, wherever necessary to conform to the current period presentation. Multi segment 2019-04-01 2020-03-31 Audited Standalone 3955301000.00 263872000.00 4219173000.00 2999490000.00 0.00 -122338000.00 426929000.00 137941000.00 88346000.00 560276000.00 4090644000.00 128529000.00 5000000.00 133529000.00 16337000.00 10168000.00 26505000.00 0.00 107024000.00 0.00 0.00 0.00 0.00 107024000.00 -1499000.00 105525000.00 0.00 0.00 328323000.00 4 6991603000.00 1.30 1.30 0.00 0.00 1.30 1.30 Other Expenses 96062000.00 Power & Fuel 11373000.00 Testing & other operating expenses 90794000.00 Other Expenses 256215000.00 Power & Fuel 45089000.00 Testing & other operating expenses 258972000.00 E-bus Division 396076000.00 Insulator Division 270028000.00 E-bus Division 2787201000.00 Insulator Division 1168100000.00 666104000.00 3955301000.00 0.00 0.00 666104000.00 3955301000.00 E-bus Division -103308000.00 Insulator Division 15591000.00 E-bus Division 39374000.00 Insulator Division 72514000.00 -87717000.00 111888000.00 27658000.00 137941000.00 -35702000.00 -159582000.00 -79673000.00 133529000.00 E-bus Division 5946790000.00 Insulator Division 1869626000.00 7816416000.00 1175626000.00 8992042000.00 E-bus Division 1111836000.00 Insulator Division 523944000.00 1635780000.00 36336000.00 1672116000.00