AAVAS2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member AAVAS2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member AAVAS2019-10-012019-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member AAVAS2019-10-012019-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares AAVAS 2019-04-01 2020-03-31 2020-01-09 INR Lakhs Third quarter Single segment HFC-SI 2019-10-01 2019-12-31 Unaudited Consolidated 2020248000.00 0.00 0.00 92173000.00 17929000.00 263300000.00 0.00 0.00 2393650000.00 271000.00 2393921000.00 0.00 0.00 0.00 388662000.00 949301000.00 53608000.00 14582000.00 0.00 0.00 13407000.00 170061000.00 1589621000.00 804300000.00 0.00 804300000.00 143516000.00 -18418000.00 125098000.00 679202000.00 0.00 0.00 0.00 0.00 679202000.00 0.00 679202000.00 0.00 0.00 0.00 0.00 783022000.00 10 8.68 8.59 0.00 0.00 8.68 8.59 0.02 0.01 0.02 1.The consolidated financial results have been prepared in accordance with Ind AS 110 – Consolidated Financial Statements, prescribed under section 133 of the Companies Act, 2013 (the “Act”) read with the relevant rules issued thereunder and the other relevant provisions of the Act. n n2.The consolidated financial results include result of the Subsidiary Company i.e. Aavas Finserv Limited and the same can be accessed through Company's website at www.aavas.in or website of BSE and NSE where company has disclosed its signed financial results on January 24, 2020. n n3.The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on January 24, 2020 and subjected to limited review by the statutory auditors of the Company. n n4.Effective 1 April 2019, the Company has adopted lnd AS 116-Leases and applied it to all lease contracts existing on 1 April 2019 using the Modified Retrospective Approach. Based on the same and as permitted under the specific transitional provisions in the standard, the Company has not restated the comparative figures. On transition, the adoption of the new standard resulted in recognition of right-of-use asset and a corresponding lease liability of INR 2302.98 lakh. The effect of this adoption to the profit before tax for the nine months ended December 31, 2019 is decreased by INR 96.09 lakh. n n5. The Company has allotted 1,21,890 and 72,371 equity shares to eligible employees under Employee stock Option Plan (ESOP) 2016 at a price of Rs 215.25 and Rs.328 per equity share at premium of Rs. 205.25 and 318 per equity share respectively. The Company has granted 3,00,000 options under Employee Stock Option Plan (ESOP) 2019 to eligible employees of the Company. n n6. The group has elected to exercise the option permitted under section 115BAA of the Income Tax Act, 1961 as introduced by the Taxation Laws (Amendment) Ordinance, 2019. Accordingly, the group has recognised provision for Income Tax for the quarter and none months ended December 31, 2019 and re-measured its Deferred tax assets/liability basis the rate prescribed in the aforesaid section and recognised the effect of change by revising the annual effective income tax rate. n n7. The Holding Company is engaged primarily in the business of housing finance and accordingly there are no separate reportable segments as per Ind AS 108 dealing with Operating Segments. n n8. Figures for the previous year/period have been regrouped and / or reclassified wherever considered necessary. Single segment 2019-04-01 2019-12-31 Unaudited Consolidated 5718233000.00 0.00 0.00 235677000.00 50578000.00 676729000.00 0.00 0.00 6681217000.00 1466000.00 6682683000.00 0.00 0.00 0.00 1045719000.00 2586682000.00 140121000.00 48026000.00 0.00 0.00 90717000.00 413018000.00 4324283000.00 2358400000.00 0.00 2358400000.00 513193000.00 -47919000.00 465274000.00 1893126000.00 0.00 0.00 0.00 0.00 1893126000.00 667000.00 1893793000.00 0.00 0.00 0.00 0.00 783022000.00 10 19574519000.00 24.22 23.94 0.00 0.00 24.22 23.94 0.02 0.01 0.02 Other expenses 170061000.00 Other expenses 413018000.00 0.00 0.00 0.00 0.00 0.00 667000.00