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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">NOTES: STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED  30th JUNE,2024          1. Significant drop in market prices coupled with surge in wood cost have adversely impacted performance during the current quarter.       2. During the quarter, the Company acquired balance 15% Equity Shares of its Subsidiary Companies, Horizon Packs Pvt. Ltd (HPPL) and Securipax Packaging Pvt. Ltd (SPPL) as per terms of respective Share Purchase Agreements. Post this acquisition, HPPL and SPPL have become Wholly Owned Subsidiaries of the Company, w.e.f. 17th May 2024.      3. JK Paper had opted for the new tax regime as per Section 115BAA of the Income Tax Act, 1961 (the Act) during the previous financial year which had resulted in Deferred Tax credit of Rs.43.55 crore during the corresponding quarter last year,hence the tax provision is not comparable with the current quarter.      4. The figures for the previous periods have been rearranged, wherever necessary. The figures of the last quarter of the previous financial year ended 31st March, 2024 are the balancing figures between audited figures for the full financial year and the published year-to-date unaudited figures for the nine months period ended 31st December, 2023 which were subjected to Limited Review. The Company does not have any Exceptional Item to report for the current quarter.      5. The Company has only one reportable business segment namely ‘Paper and Packaging Products’. Segment reporting is given in Consolidated Financial Results.      6. These Standalone Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 24th July,2024. Limited Review of these results has been carried out by the Auditors.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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