PARSVNATH2020-01-012020-03-31in-bse-fin:OneOperatingExpenses01Member PARSVNATH2020-01-012020-03-31in-bse-fin:OneOperatingExpenses02Member PARSVNATH2020-01-012020-03-31in-bse-fin:OneOperatingExpenses03Member PARSVNATH2020-01-012020-03-31in-bse-fin:FourOperatingExpenses01Member PARSVNATH2020-01-012020-03-31in-bse-fin:FourOperatingExpenses02Member PARSVNATH2020-01-012020-03-31in-bse-fin:FourOperatingExpenses03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares PARSVNATH 2019-04-01 2020-03-31 2020-07-10 INR Lakhs Yearly Single segment Real Estate Activities 2020-01-01 2020-03-31 Audited Consolidated 10448160000.00 159275000.00 10607435000.00 12747000.00 0.00 9009851000.00 50304000.00 1332306000.00 68182000.00 766927000.00 11240317000.00 -632882000.00 0.00 -632882000.00 4353000.00 -10449000.00 -6096000.00 0.00 -626786000.00 0.00 0.00 0.00 95000.00 -626691000.00 -7579000.00 -634270000.00 -579456000.00 -54814000.00 2175906000.00 5 -1.31 -1.31 0.00 0.00 -1.31 -1.31 Notes:- n n1.The above audited Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 17 July 2020. n n2.As the Company has only one operating segment, disclosure under Ind AS 108 on Operating Segments is not applicable. n n3.The Company has adopted Ind AS 116 ‘Leases” which is effective from 1 April, 2019 and applied the standards to leases existing as on 1 April, 2019 using Modified Retrospective Approach. Accordingly, comparatives for the quarter/year have not been restated. n nOn Consolidated basis :- this has resulted in recognition of ‘Right to Use Asset’ of Rs.39,594.52 lakhs and corresponding lease liability as at transition date. For the year ended 31st March, 2020, rent expense is lower by Rs.764.71 lakhs, depreciation and amortisation expense is higher by Rs.497.97 lakhs, Interest expense is higher by Rs.893.26 lakhs and Loss before Tax is higher by Rs.626.52 lakhs, due to application of Ind AS 116. n n4.Evergreen Realtors Pvt. Ltd. has become a step down Subsidiary Company w.e.f. February 6, 2020, being a Subsidiary of Snigdha Buildwell Pvt. Ltd. n n5.Primetime Realtors Pvt. Ltd. has ceased to be a Subsidiary w.e.f. February 17, 2020 n n6.The outbreak of Coronavirus (COVID-19) pandemic has caused significant disturbance and slowdown of economic activity. COVID-19 has adversely impacted the business operations of the company, by way of interruption of construction activities, supply chain disruption, unavailability of labour, etc. The Company has assessed the economic impact of Covid-19 on its business by evaluating various scenarios on certain assumptions and current indicators of future economic conditions and on the basis of internal and external sources of information. Based on this, the Company has assessed recoverability and carrying value of its assets comprising inventory, receivables, investments, investment properties, intangible assets, right of use assets, advances, deferred tax assets and other financial and non-financial assets and believes that it will recover the carrying value of all its assets. The management will continue to closely monitor any material changes arising out of future economic conditions and impact on its business. n n7.The figures of the quarter ended 31 March, 2020 and 31 March, 2019 are the balancing figures between audited figures in respect of the full financial year and the year to date figures upto the third quarter. n n8.Figures for the previous quarter / year have been regrouped, wherever necessary, for the purpose of comparison. Single segment 2019-04-01 2020-03-31 Audited Consolidated 11914348000.00 768142000.00 12682490000.00 123737000.00 135832000.00 8266162000.00 226687000.00 4810195000.00 270464000.00 2600917000.00 16433994000.00 -3751504000.00 0.00 -3751504000.00 4359000.00 -123327000.00 -118968000.00 0.00 -3632536000.00 0.00 0.00 0.00 141000.00 -3632395000.00 -5838000.00 -3638233000.00 -3471399000.00 -166834000.00 2175906000.00 5 0.00 -7.96 -7.96 0.00 0.00 -7.96 -7.96 Contract cost, labour and other charges 56983000.00 Cost of land / development rights 139863000.00 Other expenses 570081000.00 Contract cost, labour and other charges 256121000.00 Cost of land / development rights 704478000.00 Other expenses 1640318000.00