AAVAS2020-04-012020-06-30in-bse-fin:OneOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares AAVAS 2020-04-01 2021-03-31 2020-08-01 INR Lakhs First quarter Single segment HFC-SI 2020-04-01 2020-06-30 Unaudited Consolidated 2287070000.00 0.00 0.00 36984000.00 11044000.00 0.00 0.00 0.00 2335098000.00 1433000.00 2336531000.00 0.00 0.00 0.00 362466000.00 1118207000.00 47639000.00 12340000.00 0.00 0.00 59558000.00 105576000.00 1705786000.00 630745000.00 0.00 630745000.00 185901000.00 -54807000.00 131094000.00 499651000.00 0.00 0.00 0.00 0.00 499651000.00 0.00 499651000.00 0.00 0.00 0.00 0.00 783244000.00 10 6.38 6.32 0.00 0.00 6.38 6.32 0.03 0.00 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 above results for the quarter ended June 30, 2020 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on August 12, 2020 and subjected to limited review by the statutory auditors of the Company. n n3.The figures for the quarter ended March 31, 2020 represent balancing figures between the audited figures for the year ended March 31, 2020 and year to date figures up to December 31, 2019 which were subjected to limited review by Statutory auditors. n n4.The consolidated financial results include result of the subsidiary Company which can be 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 August 12, 2020 n n5.The Holding Company has allotted 1700 equity shares to eligible employees under Employee stock Option Plan (ESOP) 2016 at a price of INR 215.25 per equity share at premium of INR 205.25 per equity share. n n6.COVID-19 is a global pandemic, which continues to spread across the world with India not being an exception and has contributed to a significant volatility in global and Indian financial markets and a unprecedented level of disruption on socio-economic activities. Based on the information available till date, the Company has used the principles of prudence to provide for the impact of the pandemic on the Financial Statements specifically while assessing the expected credit loss on financial assets. This has resulted in an additional provision of INR 462 lakh against financial assets during the quarter, taking the overall additional provision of INR 905.75 lakh as of June 30, 2020. The extent to which the COVID-19 pandemic will impact the Company's operations and financial metrics including the expected credit losses on financial assets will depend on future developments, which are highly uncertain. nIn accordance with the RBI guidelines relating to COVID 19 Regulatory Package dated March 27, 2020, April 17, 2020 and May 23, 2020, the Company has offered moratorium on the payment of all installments and/or interest, as applicable, falling due between March 01, 2020 and August 31, 2020 to all eligible borrowers. For all such accounts opting for moratorium, the prudential assets classification shall remain stand still during the moratorium period (i.e. the number of days past due shall exclude the moratorium period for the purposes of asset classification under Income Recognition, Asset Classification and Provisioning Norms). 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. Other expenses 105576000.00 0.00 0.00 0.00 0.00 0.00