5112082025-04-012025-06-305112082025-04-012025-06-30in-capmkt:OtherExpenses1Member5112082025-04-012025-06-30in-capmkt:OtherExpenses2Member5112082025-04-012025-06-30in-capmkt:OtherExpenses3Member5112082025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRxbrli:pureiso4217:INRxbrli:shares511208IVCNOTLISTEDINE050B01023IL&FS Investment Managers LimitedMain BoardEquity2025-04-012026-03-312025-08-142025-08-06INRLakhsQuarterlyFirst quarterSingle segmentManagement Fees2025-08-1411:15:002025-08-1412:15:00Not applicablefalsefalseNot Applicable2025-04-012025-06-30UnauditedStandalone000000000144670001446700000087750000950000000786600016736000-22690000-2269000000-22690000000-2269000725000-15440006280850002-0.01-0.0100-0.01-0.01000Notes : <BR> <BR> (1) The standalone financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (Ind AS 34) prescribed under Section 133 of the Companies Act 2013 (the “Act”) read with Companies (Indian Accounting Standards) Rules 2015, as amended from time to time and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulation <BR> <BR> (2) The National Company Law Tribunal, Mumbai has passed an Order dated July 26, 2024 approving the Scheme of Amalgamation (“the Scheme”) of its two wholly owned subsidiaries IL&FS Asian Infrastructure Managers Limited and IIML Asset Advisors Limited with the Company, with appointed date as April 1, 2022. Upon completion of the formalities on August 23, 2024 the Scheme has become effective from the Appointed Date i.e. April 1, 2022. Consequently, the above mentioned wholly owned subsidiaries of the Company stand dissolved without winding up <BR> <BR> Since the amalgamated entities are under common control, the accounting of the said amalgamation been done applying Pooling of Interest method as prescribed in Appendix C of Ind AS 103 “Business Combinations”. While applying Pooling of Interest method, the Company has recorded all assets, liabilities and reserves attributable to the wholly owned subsidiaries at their carrying values as appearing in the consolidated financial statements of the Company. Consequently, the previous period figures have been restated considering that the amalgamation has taken place from the beginning of the preceding period i.e. April 1, 2022 as required under Appendix C of Ind AS 103 <BR> <BR> (3) The above standalone financial results for the quarter ended June 30, 2025 along-with comparative quarter have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at their respective meetings held on August 14, 2025 in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The standalone financial results for the quarter ended as on June 30, 2025 have been reviewed by the statutory auditors of the Company <BR> <BR> (4) Figures for the quarter ended March 31, 2025 are balancing figures between the audited figures in respect of the full financial year ended March 31, 2025 and the unaudited published year to date figures upto third quarter ended December 31, 2024 which were subjected to a limited review by the Statutory Auditors of the Company <BR> <BR> (5) As per requirements of Indian Accounting Standard (Ind AS) 108 on ‘Operating Segments’, based on evaluation of financial information for allocation of resources and assessing performance, the Company has identified a single segment i.e. providing asset management services and other related services. As such, there are no separate reportable business or geographical segments as per Ind AS 108 on operating segment <BR> <BR> (6) In Standalone Financial resullts. the Other income includes Net gains on fair value changes on Investments measured at FVTPL, Realised gain on Sale of Investments and Others <BR> <BR> (7) The Ministry of Corporate Affairs (MCA), Government of India, has vide its letter dated October 1, 2018 initiated investigation by Serious Fraud Investigation Office (SFIO) against Infrastructure Leasing & Financial Services Limited (IL&FS), the Holding Company and its subsidiaries (including the Company) under Section 212(1) of the Companies Act, 2013. On December 3, 2018, MCA on the directions of the National Company Law Tribunal, Mumbai (NCLT) has impleaded various Group Companies of IL&FS (which includes the Company) as Respondents to the Petition filed by them on October 1, 2018. The Company has received the “Summary of Charges” sent by the Ministry of Corporate Affairs through IL&FS, based on which the required action has been completed <BR> <BR> <BR> (8) The term of most of the existing funds being managed/advised by the Company are approaching end of their extended term in the near future. As a result, the Company did not generate any fee income during the quarter ended June 30, 2025.. Management expects that its future income from existing funds being managed/advised together with liquid assets held by the Company as at June 30, 2025 will be adequately sufficient to meet the Company's existing and future obligations arising over the next 12 months. Management believes that use of the going concern assumption for preparation of these financial results is appropriate <BR> <BR> The IL&FS Board has been working on a resolution plan, with a view to enable value preservation for stakeholders of IL&FS Group. The resolution plan, inter alia, involves sale of assets/businesses/companies owned by IL&FS. In this regard, the IL&FS Board has on December 21, 2023 invited a public Expression of Interest (EoI) for sale of its entire stake in the Company. In response to the EOI, few prospective bidders have shown interest and the process is underway <BR> <BR> (9) The Company has 6 Subsidiaries and 1 Jointly Controlled Entity as at June 30, 2025 <BR> <BR> (10) The subsidiaries of the Company, namely Andhra Pradesh Urban Infrastructure Asset Management Limited (APUIAML) and IL&FS Investment Advisors LLC have not provided their Limited Review Results. Hence, the Group’s Consolidated Results for the quarter ended June 30, 2025 could not be adopted <BR> <BR> (11) Previous year numbers are regrouped/reclassified wherever necessary <BR> <BR> <BR> Not ApplicableNot ApplicableNot ApplicableRent Expense2702000Legal and Professional Expense2906000Other Expenses2258000Acturial Gain/(loss) of the defined benefit plans72500072500000725000