5116582020-01-012020-03-315116582020-03-315116582019-04-012020-03-315116582020-01-012020-03-31in-bse-fin:OtherExpenses1Member5116582020-01-012020-03-31in-bse-fin:OtherExpenses2Member5116582020-01-012020-03-31in-bse-fin:OtherExpenses3Member5116582020-01-012020-03-31in-bse-fin:OtherExpenses4Member5116582020-01-012020-03-31in-bse-fin:OtherExpenses5Member5116582020-01-012020-03-31in-bse-fin:OtherExpenses6Member5116582020-01-012020-03-31in-bse-fin:OtherExpenses7Member5116582020-01-012020-03-31in-bse-fin:OtherExpenses8Member5116582020-01-012020-03-31in-bse-fin:OtherExpenses9Member5116582020-01-012020-03-31in-bse-fin:OtherExpenses10Member5116582019-04-012020-03-31in-bse-fin:OtherExpenses1Member5116582019-04-012020-03-31in-bse-fin:OtherExpenses2Member5116582019-04-012020-03-31in-bse-fin:OtherExpenses3Member5116582019-04-012020-03-31in-bse-fin:OtherExpenses4Member5116582019-04-012020-03-31in-bse-fin:OtherExpenses5Member5116582019-04-012020-03-31in-bse-fin:OtherExpenses6Member5116582019-04-012020-03-31in-bse-fin:OtherExpenses7Member5116582019-04-012020-03-31in-bse-fin:OtherExpenses8Member5116582019-04-012020-03-31in-bse-fin:OtherExpenses9Member5116582019-04-012020-03-31in-bse-fin:OtherExpenses10Member5116582020-01-012020-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15116582020-01-012020-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25116582019-04-012020-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15116582019-04-012020-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss2iso4217:INRiso4217:INRxbrli:shares511658NOT APPLICABLENETTLINXINE027D01019NETTINX LIMITEDEquity2019-04-012020-03-312020-07-222020-07-08INRLakhsYearlySingle segmentisp2020-07-2216:00:002020-07-2220:30:00Declaration of unmodified opinion2020-01-012020-03-31AuditedConsolidated18616400017610001879250002940300001151200001709300034020007880001126700017707300010852000010852000-2085000-81000-216600001301800000001301800017709001478890000114633120000001000.270.27000.270.271 The audited standalone financial results for the three months and year ended March 31, 2020 have been approved by the board of directors of the company at their meeting held on July 22, 2020 after review by the audit committee at thier meeting held on July22, 2020. The Company confirms that its statutory Auditors have issued audit report on the standalone financial results for the three months and year ended March 31. 2020. <BR>
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2 The above standalone finacial results have been prepared from the interim standalone finacial statements, which are prepared in accordance with Indian Accounting Standards (Ind AS), the provisions of the Companies Act, 2013 as applicable and guidelines Issued by the Securities and Exchange Board of India ("SEBI"). The Ind AS are prescribed under section 133 of the Act read with Rule 3 of the companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendments Rules, 2016. <BR>
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3 The Company has made an export sale to M/S Friendly Consultants Inc for an amount of Rs 88,87,500/- on 31/12/2019 and the same was rejected due to same technical defects now reversed. <BR>
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4 During the quarter ended March 31, 2020 an amount of Rs. 7,80,56,000/- sales rendered to certain parties. Total outstanding balance as on date from these parties is Rs. 4,42,18,400/-. Further there is a long pending outstanding balances of Rs. 11,14,97,526/- to be receivable as on date. As per recovery procedures initiated, management is confident of recovering balance outstanding. <BR>
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5 Under the previous GAAP, provision for bad debt was recognized for the doubtful debtors on case to case basis. However, Under IND-AS the companyassessed Impairment based on Expected credit loss (ECL) for measurement and recognition of impairment loss on trade receivables for both non payment and delay of receivables. According to past Estimates, the company has recognized 2% of total debtors amounting to Rs. 23,26,595/-as on 31st March, 2020, as the additional provision under ELC model. <BR>
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6 Long term trade receivables includes the balance of debt of Rs. 32,62,164/- receivable from M/s. Integrated Broadcasting Private Limited which was in the arbitration proceedings. The company has recovered an amount of Rs.33,35,914/- out of outstanding debt of Rs. 65,98,028/- (as at 31st March, 2012) by withdrawing the winding up petition and entering into arbitration proceedings. As on 24th January, 2015, The arbitral tribunal of sole arbitrator, Hyderabad has passed the decision in favour of the company and arbitral has ordered the respondent party i.e., M/s Integrated broadcasting company private limited to pay an amount of Rs. 29,08,037/- with interest of 10% p.a from the date of 05th April, 2014 till the date of payment. The respondent party i.e., M/s Integrated broadcasting company private limited has filled the petition in the city civil court against above order. The case is active although getting delayed owing to counters from respondent. <BR>
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7 An amount of Rs.18,83,44,753 receivable from wholy owned subsidairy M/s Nettlinx Realty Private Limited(the company), the company has alloted 69979 equity shares of Rs.10 each at a premium of Rs.2681 per share for the amount payable to Nettlinx Limited. Shares are alloted as per the Registered Valuer report. <BR>
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8 Revenue from operation include an amount of Rs.16,08,98,497 pertaining to Web Hosting Services and Rs.1,15,70,621 pertaining to Sale of boughtout IT equipments <BR>
9 Previous period / year figure have been regrouped / Reclassified Whereever necessary. <BR>
2019-04-012020-03-31AuditedConsolidated4680230001371400048173700013574500001709450009164600011618000659300042779000459326000224110000224110007191000-256000693500001547600000001547600017083001718430000114633120000001001.691.68001.691.68network maintainence1527000local conveyance89000rent960000office maintainence328000penalty and interest1853000cosulting services1589000bad debts written off2449000power & electricty charges251000vehicle maintainence444000other expenses1777000network maintainence4026000local conveyance1070000rent4069000office maintainence1652000penalty and interest3086000cosulting services6356000bad debts written off2489000power & electricty charges1840000vehicle maintainence1187000other expenses170040001157941001849481001956300189970058768000116380070406001063020025000003247690001245878000228382000539069001400000575856001349900342624400398413005070535008318225001146331002059761003206092006986280039047200015698240015698240026193001502900161104600395122001639037009535800212951700589269002492008118100280245900441350500831822500Actuarial gains/(losses) on post- employment benefit obligations39700Net (loss)/ gain on Fair Value Through OCI (FVTOCI) equity securities23922002431900Actuarial gains/(losses) on post- employment benefit obligations-15700Net (loss)/ gain on Fair Value Through OCI (FVTOCI) equity securities2392000237630066100066800000