GLOBALVECT2023-04-012023-06-30 GLOBALVECT2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member GLOBALVECT2023-04-012023-06-30in-bse-fin:OneOperatingExpenses02Member GLOBALVECT2023-04-012023-06-30in-bse-fin:OneOperatingExpenses03Member GLOBALVECT2023-06-30 GLOBALVECT2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member GLOBALVECT2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532773 GLOBALVECT NOTLISTED Global Vectra Helicorp Limited Equity 2023-04-01 2024-03-31 2023-08-10 2023-08-01 INR Lakhs First quarter 13:30:00 17:15:00 2023-08-10 2023-08-10 Not applicable Single segment Providing Helicopter Services 2023-04-01 2023-06-30 Unaudited Standalone 1177722000.00 71428000.00 1249150000.00 0.00 0.00 0.00 266245000.00 60412000.00 188382000.00 740319000.00 1255358000.00 -6208000.00 0.00 -6208000.00 0.00 7671000.00 7671000.00 0.00 -13879000.00 0.00 0.00 0.00 0.00 -13879000.00 -48053000.00 -61932000.00 0.00 0.00 140000000.00 10 -0.99 -0.99 0.00 0.00 -0.99 -0.99 0.00 0.00 0.00 Notes 1. The above results which are prepared and published in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 10, 2023. The financial results are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, read with the relevant rules thereunder and other 2.During the financial year 2022-23, the Management became aware of a Lease Amendment Side Letter dated November 23, 2018, and Lease Amendment No. 1, between the Lessor on the one hand and the Company as a Lessee on the other, as well as an Amendment No. 2 to Aircraft Lease Agreements dated October 31, 2021. These amendments were entered into by a senior personnel of the Company, who is no longer in the services of the Company, without sharing the amended agreements with the Management. In the opinion of Management, the said Lease Amendment Side Letter dated November 23, 2018, and Lease Amendment No. 1 would not have any impact on the financial results of the Company. The Amendment No. 2 to Aircraft Lease Agreements was made in the financial year 2021-22, whereby the monthly lease payments were reduced as well as the period of the leases was extended. As a result, the lease accounting impact due to these amendments were not given effect to in the financial results of the financial year 2021-22 as well as in the quarterly financial results upto the quarter ended December 31, 2022. Accordingly, the financial results of the respective periods have been restated to give effect to the amendments to the lease agreements. The line items for the quarter ended June 30, 2022, in the Statement of Unaudited Financial Results for the Quarter Ended June 30, 2023, which have been restated have been given in Annexure 1. 3.The Company is engaged in providing helicopter services in India, which is considered as one reportable segment. There are no separate reportable segments as per Ind AS 108 Operating Segments. 4.The figures for the quarter ended March 31, 2023, as reported in these Financial Results are the balancing figures between audited figures in respect of the full financial year ended March 31, 2023 and the published year to date figures up to the end of the third quarter of the previous financial year which were subjected to a limited review. Helicopter maintenance 314277000.00 Lease rentals 134554000.00 Other expenses 291488000.00 Items that will not be reclassified to profit or loss Acutuarial (loss)/gain -2973000.00 -2973000.00 -1039000.00 tems that will be reclassified to profit or loss /Markto market (loss)/gain on derivative contracts -70891000.00 -70891000.00 -24772000.00