IVC2024-10-012024-12-31 IVC2024-10-012024-12-31 IVC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member IVC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses02Member IVC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses03Member IVC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses04Member IVC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses05Member IVC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member IVC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses02Member IVC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses03Member IVC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses04Member IVC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses05Member IVC2024-12-31 IVC2024-12-31 IVC2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member IVC2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 511208 IVC NOTLISTED IL&FS Investment Managers Limited Equity 2024-04-01 2025-03-31 2025-02-13 2025-02-04 INR Lakhs Third quarter 2025-02-13 14:30:00 2025-02-13 18:30:00 false Not applicable Single segment Management Fee 2024-10-01 2024-12-31 Unaudited Standalone 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 37074000.00 37074000.00 0.00 0.00 0.00 14026000.00 0.00 79000.00 0.00 0.00 0.00 0.00 7554000.00 21659000.00 15415000.00 0.00 15415000.00 0.00 1292000.00 1292000.00 14123000.00 0.00 0.00 0.00 0.00 14123000.00 158000.00 14281000.00 14281000.00 0.00 628085000.00 2 0.05 0.05 0.00 0.00 0.05 0.05 0.00 0.00 0.00 1. Financial results have been prepared in accordance with recognition&measurement principles laid down in IndAS 34 Interim Financial Reporting, under Sec 133 of Cos Act '13 readwith Cos IndAS Rules 2015 as amended from time to time&other GAAP in India 2. NCLT has passed Order dt. 26-7-24 approving Scheme of Amalgamation of its 2 WOS; IL&FS Asian Infrastructure Managers Ltd & IIML Asset Advisors Ltd with Co with appointed date as 1-4-22. Upon completion of formalities on 23-8-24 Scheme has become effective from Appointed Date i.e. 1-4-22. Consequently WOS of Co stand dissolved without winding up Since amalgamated entities are under common control, accounting of said amalgamation been done applying Pooling of Interest method as prescribed in Appendix C of IndAS 103-Business Combinations. While applying Pooling of Interest method, Co has recorded all assets,liabilities&reserves attributable to WOS at their carrying values as appearing in consol F/S of Co. Consequently, PY/periods figures have been restated considering that amalgamation has taken place from 1-4-22 as reqd under Appendix C of IndAS 103 F/S of these amalgamated entities are audited on standalone basis for yr ended 31-3-24. The restated figures in the stat for qtr & nine months ended 31-12-23 & 31-3-24 are unaudited&subject to ltd review 3.Above results for qtr&period ended 31-12-24 along-with comparative qtr have been reviewed by Audit Committee&subsequently approved by BOD at their resp. meetings held on 13-2-25 in terms of Reg 33 of SEBI LODR. Standalone results for qtr per requirements of IndAS 108 on Operating Segments, based on evaluation of financial information for allocation of resources and assessing performance, Company has identified a single segment i.e.providing asset management services&other related services. As such, there are no separate reportable businessorgeographical segments as per Ind AS 108 on operating segment 4.In Standalone results, Other income includes Net gains/losses on fair value changes on Investments measured at FVTPL, Realised gain/loss on Sale of Investments & Others 5.MCA vide its letter dated 1-10-18 initiated investigation by SFIO against IL&FS, the Holding Co & its subsidiaries (incl. the Co) under Sec 212(1) of Cos Act, 2013. On 3-12-18, MCA on directions of NCLTMumbai has impleaded various Grp Cos of IL&FS (which incl. the Co) as Respondents to Petition filed by them on 1-10-18. The Co has received “Summary of Charges” sent by MCA through IL&FS, based on which required action has been completed 6.Term of most of existing funds being managed/advised by Co has already been over. Other funds being managed/advised by co are approaching end of their term in near future which has resulted in significant reduction in the Company fee revenue. Mgmt expects that its future income from existing funds being managed/advised together with liquid assets held by Co as at 31-12-24 will be adequately sufficient to meet the Company's existing&future obligations arising over next 12 months. Mgmt believes that use of goingconcern assumption for preparation of these results is appropriate IL&FS Board hasbeen working on resolution plan, with view to enable value preservation for stakeholders of IL&FS Group. Resolution plan, inter alia, involves sale of assets/businesses/companies owned by IL&FS & IL&FS Board has on 21-12-23 invited public Expression of Interest for sale of its entire stake in Co. In response to the EOI, few prospective bidders have shown interest & the process is underway 7.The Co has 6 Subsidiaries & 2 Jointly Controlled Entities as at 31-12-24 8.PY/ periods nos. are regrouped/reclassified wherevernecessary Single segment 2024-04-01 2024-12-31 Unaudited Standalone 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7500000.00 7500000.00 59359000.00 66859000.00 0.00 0.00 0.00 41951000.00 0.00 281000.00 0.00 0.00 0.00 0.00 50355000.00 92587000.00 -25728000.00 0.00 -25728000.00 -5000.00 2564000.00 2559000.00 -28287000.00 0.00 0.00 0.00 0.00 -28287000.00 1295000.00 -26992000.00 -26992000.00 0.00 628085000.00 2 271599000.00 -0.09 -0.09 0.00 0.00 -0.09 -0.09 0.00 0.00 0.00 Fair Value loss on Investments measured at FVTPL 0.00 Legal and Professional Expense 3096000.00 Net (gain ) / loss on sale of non-current Investment 0.00 Other Expenses 2624000.00 Rent Expense 1834000.00 Fair Value loss on Investments measured at FVTPL 7457000.00 Legal and Professional Expense 9370000.00 Net (gain ) / loss on sale of non-current Investment 20107000.00 Other Expenses 7918000.00 Rent Expense 5503000.00 0.00 0.00 0.00 0.00 Actuarial Gain of the defined benefit plans 211000.00 Actuarial Gain of the defined benefit plans 1730000.00 211000.00 1730000.00 53000.00 435000.00 0.00 0.00 158000.00 1295000.00