L&TFH2020-07-012020-09-30in-bse-fin:OneOperatingExpenses01Member L&TFH2020-07-012020-09-30in-bse-fin:FourOperatingExpenses01Member L&TFH2020-07-012020-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member L&TFH2020-07-012020-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares L&TFH 2020-04-01 2021-03-31 2020-10-05 INR Crores Half yearly Single segment Core Investment Company 2020-07-01 2020-09-30 Unaudited Standalone 162700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 162700000.00 43400000.00 206100000.00 0.00 0.00 0.00 42700000.00 495600000.00 1200000.00 0.00 0.00 0.00 24100000.00 -11600000.00 552000000.00 -345900000.00 0.00 -345900000.00 65000000.00 100000.00 65100000.00 -411000000.00 0.00 0.00 0.00 0.00 -411000000.00 1200000.00 -409800000.00 -409800000.00 0.00 20065300000.00 10 -0.20 -0.20 0.00 0.00 -0.20 -0.20 These financial results have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standard (Ind AS) prescribed under section 133 of the Companies Act 2013 (the Act) read with relevant rules issued thereunder and the other accounting principles generally accepted in India.tttttttt ntttttttt nThe above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on October 22, 2020. The Joint Statutory Auditors of the Company have carried out limited review of the aforesaid results.tttttttt ntttttttt nThe Company, during the quarter and six months ended September 30, 2020 has allotted 1,680,992 and 1,698,992 equity shares respectively of Rs 10 each, fully paid up, on exercise of options by employees, in accordance with the Company's Employee Stock Option Scheme(s).tttttttt ntttttttt nEstimation uncertainty relating to COVID-19 global health pandemic: nIn assessing the recoverability of loans, receivables, and investments, the Company has considered internal and external sources of information, including credit reports, economic forecasts and industry reports upto the date of approval of these standalone financial results. The Company has performed sensitivity analysis on the assumptions used and based on current indicators of future economic conditions, the Company expects to recover the carrying amount of these assets. The eventual outcome of impact of the global health pandemic may be different from those estimated as on the date of approval of these standalone financial results and the Company will continue to monitor any material changes to the future economic conditions.tttttttt ntttttttt nThe Code on Social Security, 2020 (the “Code”) has been enacted. The date of coming into force of the various provisions of the Code is to be notified and the rules thereunder are yet to be announced. The potential impact of the change will be estimated and accounted in the period of notification.tttttttt ntttttttt nDuring the six months ended September 30, 2020, 8.15% Cumulative Compulsorily Redeemable Preference Shares (CRPS) amounting to Rs 600.00 crore have been redeemed. The Company has paid dividend of Rs. 5.03 crore on redeemed Preference Shares.tttttttt ntttttttt nEmployee benefit expenses includes reversal of employee stock options expenses on account of unvested lapses amounting to Rs. 4.35 crore during the six months ended September 30, 2020.tttttttt ntttttttt nExceptional items during the six months ended September 30, 2020 represents net gain of Rs. 224.68 crore on the divestment of entire stake in the subsidiary company, L&T Capital Markets Limited. The transaction was concluded on April 24, 2020.tttttttt ntttttttt nttttttttttt nPrevious period/year figures have been regrouped/reclassified to make them comparable with those of current period. Single segment 2020-04-01 2020-09-30 Unaudited Standalone 360300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 360300000.00 92600000.00 452900000.00 0.00 0.00 0.00 49700000.00 1080500000.00 2400000.00 0.00 0.00 0.00 73300000.00 96700000.00 1302600000.00 -849700000.00 2246800000.00 1397100000.00 549400000.00 -400000.00 549000000.00 848100000.00 0.00 0.00 0.00 0.00 848100000.00 1300000.00 849400000.00 849400000.00 0.00 20065300000.00 10 0.42 0.42 0.00 0.00 0.42 0.42 Other expenses -11600000.00 Other expenses 96700000.00 0.00 0.00 155100000.00 9651000000.00 100766400000.00 10100000.00 110627700000.00 312400000.00 19600000.00 340000000.00 0.00 0.00 0.00 0.00 0.00 46100000.00 19159100000.00 50000000.00 0.00 11646500000.00 88400000.00 30990100000.00 10400000.00 16700000.00 363900000.00 The main business of the Company is investment activity. As such, there are no separate reportable segments as per the Ind AS 108 on Operating Segment. 1200000.00 1300000.00