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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">Notes :-       1. The results have been reviewed by the Audit Committee and approved by the Company’s Board of Directors at their respective meetings held on 30th April, 2024. The Statutory Auditors have conducted a limited review of the financial results for the period ended 31st March, 2024 and have issued an unmodified report.      2. Figures for the preceding 3 months ended 31st December, 2023 are the balancing figures between audited figures in respect of full previous financial year 31st December, 2023 and the published year to date figures up to third quarter ended 30th September, 2023. These figures have been approved by the Board of Directors, but have not been subjected to review / audit by the auditors.      3. The Company has only one reportable segment, metallurgical products and services, in accordance with Ind AS 108 -  Operating Segments , notified pursuant to the Companies (Indian Accounting Standards) Rules, 2015.      4. During the previous year, the Company surrendered the lease-hold land situated at Akurdi, Chinchwad, Pune together with the structure standing thereon on “as is where is” basis as regards the physical attributes thereof, to Greaves Cotton Limited (“the Lessor”) and terminated the leases against a consideration of Rs. 1,200 lakhs plus applicable taxes and recognised a gain of Rs 1,148.50 lakhs. Subsequent to the completion of the aforesaid transaction in the quarter ending 31st December 2023, the management had written back certain expenses which were provided for earlier towards the cost to complete the transaction to the extent of Rs 40 lakhs.      5. The aforesaid financial results of the Company have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable.      6. Previous period / year figures have been regrouped/rearranged wherever considered necessary.      __________________________________________________________________________________________      Date : 30th April, 2024      Place : Pune      For FOSECO INDIA LIMITED         Prasad Chavare   Managing Director &amp; Chief Executive Officer   DIN :  08846863</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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