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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above financial results for the quarter and Nine months ended 31st December 2023 were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 9th February 2024.      2.  The consolidated financial results include results of the following:             a.  Holding Company – Pitti Engineering Limited             b.  Wholly owned subsidiary – Pitti Rail and Engineering Components Limited      3. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed uner Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in terms of Regulations issued by Securities and Exchange Board of India (SEBI).       4. The Board of Directors at their meeting held on 15th June 2023 considered and approved the Scheme of Amalgamation among Pitti Castings Private Limited and Pitti Rail and Engineering Components Limited and Pitti Engineering Limited and their respective shareholders and creditors under Sections 230 to 232 of the Companies Act, 2013 and the rules framed thereunder (Scheme). The Company has filed the Scheme with Stock Exchanges on 26th June 2023 and received their no objection on 26th October 2023. Requisite application has been filed with National Company Law Tribunal, Hyderabad Bench (NCLT) on 15th December 2023. Currently the Scheme is pending approvals from NCLT, shareholders and creditors. The Scheme would become effective from the appointed date after receipt of all requisite approvals as mentioned in the Scheme. Pending receipt of necessary approvals, no effect of the Scheme has been given in the financial results for the quarter and nine-months ended 31st December 2023.        5. The Company has only one business segment, which is manufacturing of engineering products of Iron and Steel, hence the reporting is done as a single segment. For geographical segment revenue and assets, please refer to point no.5 of the results submitted to the stock exchanges.      6. Figures of the previous quarters/year have been regrouped and rearranged wherever necessary to correspond with current year's presentation.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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