5112082025-04-012025-06-305112082025-04-012025-06-30in-capmkt:OtherExpenses1Member5112082025-04-012025-06-30in-capmkt:OtherExpenses2Member5112082025-04-012025-06-30in-capmkt:OtherExpenses3Member5112082025-04-012025-06-30in-capmkt:OtherExpenses4Member5112082025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15112082025-04-012025-06-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRxbrli:pureiso4217:INRxbrli:shares511208IVCNOTLISTEDINE050B01023IL&FS Investment Managers LimitedMain BoardEquity2025-04-012026-03-312025-11-132025-11-07INRLakhsQuarterlyFirst quarterSingle segmentManagement Fees2025-11-1311:45:002025-11-1317:15:00falseNot applicable2025-04-012025-06-30UnauditedConsolidated000000057974000579740003092900088903000000201400000525000000063907000845720004331000043310005507000-347700020300002301000000-27000227400036800026420008813000-65390009174000-653200062808500020.030.03000.030.03000NOTES : <BR> <BR> (1) The aforesaid consolidated financial results of IL&FS Investment Managers Limited (the “Holding Company” or “the Company”), its subsidiaries (the Holding Company and its subsidiaries together constitute the “Group”) and jointly controlled entities 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 its meeting held on November 13, 2025 in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The consolidated financial results for the quarter ended June 30, 2025 have been reviewed by the Statutory Auditors of the Company <BR> <BR> (2) The financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 – Interim Financial Reporting, notified under Section 133 of the Companies Act 2013 read with Companies (Indian Accounting Standards) Rules 2015, as amended from time to time and other accounting principles generally accepted in India <BR> <BR> (3) 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> <BR> (4) 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 Group 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 <BR> <BR> (5) 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 IL&FS or Ultimate 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 Ultimate Holding Company has submitted the necessary response <BR> <BR> (6) The terms of most of the existing funds managed or advised by the Holding Company and few of its subsidiaries are approaching the end of their extended terms in the near future. As a result, the Group did not generate significant fee income during the quarter ended June 30, 2025, apart from project revenue from one subsidiary, which was relatively low <BR> <BR> Management expects that the future income from the remaining funds under management and Project revenues, along with the liquid assets held by the Group as of June 30, 2025, will be adequate to meet the Group's current and future obligations over the next 12 months. Based on this expectation, management believes that the use of the going concern assumption in preparing the Group's consolidated financial results remains 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> (7) The summarised unaudited standalone financial results of the Holding Company are as below. The detailed standalone financial results of the Holding Company are available on the Holding Company’s website www.iimlindia.com <BR> <BR> (8) The Company has 6 Subsidiaries and 1 Jointly Controlled Entities as at June 30, 2025. <BR> <BR> (9) The financial results of its Joint Venture IL&FS Milestone Realty Advisors Private Limited has been prepared on the basis that it does not continue as a going concern <BR> <BR> (10) The Management is currently in the process of reviewing and assessing the recoverability of unbilled revenue pertaining to one of the Company’s subsidiaries. This review is being undertaken in consultation with the subsidiary’s management based on ongoing communications with the concerned parties. Appropriate actions, including recognition of any provision or write-off, if required, will be undertaken by the Management upon completion of this assessment at the earliest <BR> <BR> (11) Previous year numbers are regrouped wherever considered necessaryNot ApplicableNot ApplicableNot ApplicableRent expense4396000Legal and Professional expense33508000Other Expenses11872000Expected Credit loss arising on Receivables14131000Acturial Gain/(loss) of the defined benefit plans73900073900060000Gain/(Loss) on Foreign currency translation reserve (net)-374000-374000-63000368000