AAVAS2021-10-012021-12-31in-bse-fin:OneOperatingExpenses01Member AAVAS2021-10-012021-12-31in-bse-fin:FourOperatingExpenses01Member AAVAS2021-10-012021-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member AAVAS2021-10-012021-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares AAVAS 2021-04-01 2022-03-31 2022-01-21 INR Lakhs Third quarter false Single segment HFC-SI 2021-10-01 2021-12-31 Unaudited Standalone 2829685000.00 0.00 0.00 124955000.00 19054000.00 452059000.00 0.00 0.00 3425753000.00 2863000.00 3428616000.00 0.00 0.00 0.00 600914000.00 1250505000.00 57368000.00 16329000.00 0.00 0.00 112858000.00 235435000.00 2273409000.00 1155207000.00 0.00 1155207000.00 191973000.00 72164000.00 264137000.00 891070000.00 0.00 0.00 0.00 0.00 891070000.00 0.00 891070000.00 0.00 0.00 789319000.00 10 11.29 11.24 0.00 0.00 11.29 11.24 0.03 0.00 0.00 1. The financial results have been prepared in accordance with applicable accounting standards prescribed under section 133 of Companies Act, 2013 read with (Indian Accounting Standard) Rules, 2015 (Ind AS), as amended from time to time, and other accounting principles generally accepted in India and in compliance with Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”) 2. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on February 03, 2022 and subjected to limited review by the statutory auditors of the Company. The financial results for the quarter and nine months ended December 31, 2020, quarter ended September 30, 2021 and year ended March 31, 2021 were reviewed / audited by S. R Batliboi & Associates LLP, Chartered Accountants 3. The Company has allotted 3,60,658 and 66,667 equity shares to eligible employees under Employee stock Option Plan (ESOP) 2016 at a price of INR 215.25 and INR 328 per equity share at premium of INR 205.25 and INR 318 per equity share respectively. 4. The extent to which COVID-19 pandemic (including the current third wave), will continue to impact the Company's operations and financial metrics will depend on future developments, which are uncertain. The Company has used the principles of prudence to provide for the impact of pandemic on the financial statements specifically while assessing the expected credit loss on financial assets by applying management overlays, which was INR 2,910.19 lakhs (inclusive of INR 1,895.94 lakhs on account of the implementation of the resolution plan under the RBI Resolution Framework - 2.0) as on December 31, 2021 as against INR 3,351.61 lakhs (inclusive of INR 1,869.90 lakhs on account of the implementation of the resolution plan under the RBI Resolution Framework - 2.0) as on September 30, 2021, as approved by its Board of Directors. The Company will closely monitor any material changes to future economic conditions and resultant impact, if any on the expected credit loss provision. 5. This information 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 February 03, 2022. 6. This information 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 February 03, 2022. 7. Pursuant to the RBI circular dated November 12, 2021 - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances - Clarifications, the Company has implemented the requirements and aligned its definition of default accordingly. Such alignment has resulted in additional non-performing assets of INR 7,624.55 lakhs as at December 31, 2021. 8. The Company has maintained at-least 100% assets cover on its secured redeemable non-convertible debentures as on December 31, 2021 (by creating floating charge on hypothecation of book debts and receivables). The proceeds of the NCDs were used for the objects that were stated in the respective offer documents. 9. The 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. 10. Figures for the previous year/period have been regrouped and / or reclassified wherever considered necessary. Single segment 2021-04-01 2021-12-31 Unaudited Standalone 8247174000.00 0.00 0.00 319420000.00 43755000.00 782987000.00 0.00 0.00 9393336000.00 9800000.00 9403136000.00 0.00 0.00 0.00 1632641000.00 3538356000.00 165065000.00 52049000.00 0.00 0.00 330385000.00 596923000.00 6315419000.00 3087717000.00 0.00 3087717000.00 679561000.00 -3093000.00 676468000.00 2411249000.00 0.00 0.00 0.00 0.00 2411249000.00 2163000.00 2413412000.00 0.00 0.00 789319000.00 10 25866064000.00 30.64 30.41 0.00 0.00 30.64 30.41 0.03 0.00 0.00 Other expenses 235435000.00 Other expenses 596923000.00 0.00 0.00 0.00 0.00 0.00 2163000.00