OLECTRA2020-04-012020-06-30in-bse-fin:OneOperatingExpenses01Member OLECTRA2020-04-012020-06-30in-bse-fin:OneOperatingExpenses02Member OLECTRA2020-04-012020-06-30in-bse-fin:OneOperatingExpenses03Member OLECTRA2020-04-012020-06-30in-bse-fin:OneReportableSegmentRevenue01Member OLECTRA2020-04-012020-06-30in-bse-fin:OneReportableSegmentRevenue02Member OLECTRA2020-04-012020-06-30in-bse-fin:OneReportableSegmentResults01Member OLECTRA2020-04-012020-06-30in-bse-fin:OneReportableSegmentResults02Member OLECTRA2020-04-012020-06-30in-bse-fin:OneReportableSegmentAssets01Member OLECTRA2020-04-012020-06-30in-bse-fin:OneReportableSegmentAssets02Member OLECTRA2020-04-012020-06-30in-bse-fin:OneReportableSegmentLiabilities01Member OLECTRA2020-06-30in-bse-fin:OneReportableSegmentLiabilities01Member OLECTRA2020-04-012020-06-30in-bse-fin:OneReportableSegmentLiabilities02Member OLECTRA2020-06-30in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares OLECTRA 2020-04-01 2021-03-31 2020-08-08 INR Lakhs First quarter Multi segment 2020-04-01 2020-06-30 Unaudited Standalone 221439000.00 38173000.00 259612000.00 122826000.00 0.00 35330000.00 80536000.00 18433000.00 19093000.00 36460000.00 312678000.00 -53066000.00 0.00 -53066000.00 0.00 -16836000.00 -16836000.00 0.00 -36230000.00 0.00 0.00 0.00 0.00 -36230000.00 0.00 -36230000.00 0.00 0.00 328323000.00 4 -0.44 -0.44 0.00 0.00 -0.44 -0.44 1. The above unaudited standalone financial results were reviewed by the Audit Committee and thereafter approved at the meeting of the Board of Directors held on 14th August 2020. The auditors have issued an unqualifed Audit opinion on these results.2. 'The above Standalone financial results of the Company have been prepared in accordance with the Indian Accounting Standards ( Ind AS ) as prescribed under section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standard) Rules, 2015, as amended.3. Segment reporting: In line with the provisions of Ind AS 108 - operating segments, the operations of the Company fall primarily under manufacturing of Composite Polymer.4. 'The figures of the quarter ended 31st March 2020 are the balancing figures between audited figures in respect of the full financial year and published unaudited year to date figures upto the third quarter of the relevant financial year, which are subject to limited review.5. The Company 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 Company 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.6. 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 10th April 2020.7. The previous year figures have been regrouped / reclassified, wherever necessary to conform to the current period presentation. Other Expenses 25950000.00 Power & fuel 5317000.00 Testing & Other Operatind Expenses 5193000.00 Insulators Division 218968000.00 e-bus Division 2471000.00 221439000.00 0.00 221439000.00 Insulators Division 10911000.00 e-bus Division -67707000.00 -56796000.00 18433000.00 -22163000.00 -53066000.00 Insulators Division 1809060000.00 e-bus Division 5536082000.00 7345142000.00 1072979000.00 8418121000.00 Insulators Division 516827000.00 e-bus Division 581263000.00 1098090000.00 36336000.00 1134426000.00