ITI2020-04-012020-06-30in-bse-fin:OneOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares ITI 2020-04-01 2021-03-31 2020-09-04 INR Lakhs First quarter Single segment ITI is primarily engaged in business of manufacturing, trading and servicing of telecomm equip and rendering other associated / ancillary services. The Company is primarily operating in India, which is considered as a single geographical segment. ITI is also engaged in Defence projects. The MCA vide its not dt.23.02.2018 has exempted companies engaged in the Defence production from the requirement of Segment Reporting. 2020-04-01 2020-06-30 Unaudited Standalone 1650100000.00 88200000.00 1738300000.00 861400000.00 485600000.00 3800000.00 573600000.00 407400000.00 105200000.00 324200000.00 2761200000.00 -1022900000.00 0.00 -1022900000.00 0.00 0.00 0.00 0.00 -1022900000.00 0.00 0.00 0.00 0.00 -1022900000.00 9800000.00 -1013100000.00 0.00 0.00 9251200000.00 10 -1.11 -1.11 0.00 0.00 -1.11 -1.11 0.00 0.00 0.00 1. The above financial results for the period ended 30.06.2020 were reviewed by the Audit Committee on 14.09.2020 and upon its recommendations, were approved by the Board of Directors at their meeting held on 14.09.2020. n2. These results have been prepared in accordance with the IND AS notified under the companies (Indian Accounting Standards) Rules 2015, as amended. n3. A Limited Review of the above Unaudited Financial Results has been carried out by Statutory Auditors of the Company pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations,2015. n4.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. n5. 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. n6. The company has estimated from internal sources that there is a decrease of around more than 50% in turnover was effected due to COVID-19. The recent Pandemic outbreak (COVID-19) has brought about economic disruptions and uncertainties and ascertaining its impact is difficult. The Company has considered the possible material events and circumstances arising from COVID-19 up to the date of approval of the financial results and their impact on the carrying value of its Assets & Liabilities as at 30th June 2020. Based on its evaluation, the company expects to recover the carrying amount of its Assets as on 30th June 2020. The impact of any future events & developments emerging out of COVID-19 Pandemic, if any, and occurring after the approval of financial result for the quarter and relating to the Assets & liabilities of the Company as on 30th June 2020 will be recognized prospectively. Other Expenses 324200000.00