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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above results for the quarter ended June 30, 2018 have been reviewed and recommended by the Audit Committee in their meeting held on July 24, 2018 and approved by the Board of Directors in their meeting held on July 25, 2018. These results have been subjected to limited review by the statutory auditors.  n  n2. With effect from April 1, 2018, the Company has adopted IND AS-115 ('Revenue from contracts with customers') using the cumulative effect method and accordingly these financial results are prepared in accordance with recognition and measurement principles laid down in IND AS-115. There were no adjustments required to the retained earnings as at April 01, 2018. Also, the application of IND AS-115 did not have any significant impact on recognition and measurement of revenue and related items in the financial results of the Company.  n  n3. After applicability of Goods and Services Tax - ('GST') w.e.f July 01, 2017, sales are required to be disclosed net of GST. Accordingly, the figures of revenue from operations for the quarter ended June 30, 2018 are not comparable with the corresponding previous period.  n  n4. During the quarter ended June 30, 2018 , the Company has invested Rs. 3.93 crores as part of capital contribution in subsidiary company i.e. HMC MM Auto Ltd taking cumulative investment to Rs. 30.00 crores.  n  n5. Based on the guiding principles given in Ind AS-108 on 'Operating Segments', the Company's business activity fall within a single operating segment, namely automotive segment. Accordingly, the disclosure requirements of  Ind AS-108 are not applicable.  n  n6. The Board of Directors in their meeting held on May 02, 2018 considered and recommended a final dividend @ 2000% i.e Rs. 40 per equity shares of Rs. 2.00 each for the financial year 2017-18, which has been approved by the shareholders in the Annual General Meeting held on July 24, 2018. The total equity dividend to be paid is Rs. 963.05 crores (including dividend distribution tax thereon of Rs.164.20 crores.)  n  n7. The figures of quarter ended March 31, 2018 are the balancing figures between the audited figures in respect of full year and the unaudited published figures up to the third quarter ended December 31, 2017.  n  n8. The above results of the Company are available on the Company's website www.heromotocorp.com and also on www.bseindia.com and www.nseindia.com.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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