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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. These financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable.       2. The business activity of the Company falls within a single operating business segment viz ‘Ceramic Tiles and Allied Products’ and hence there is no other reportable segment as per Ind AS 108 ‘Operating Segments’.        3. The Company has granted options to certain employees under the Employee Stock Options Plan, 2023 (ESOP 2023) during the quarter. The employee benefits expenses during the quarter ended June 30, 2024 includes provision for the fair value, measured in accordance with the provisions of Ind AS 102  Share-based Payment , of the options granted under ESOP 2023 and ESOP 2021.      4. The figures for the quarter ended March 31, 2024 is the balancing figures between audited figures for the full financial year and the published year to date figures for the nine months ended December 31, 2023.                   5. The above results were reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on August 1, 2024 and the statutory auditor of the company has carried out Limited review of the same.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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