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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">Notes:ttttt  nttttt  n1tThe Unaudited Standalone Financial Results for the quarter ended June 30, 2018 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on July 30, 2018 and have been subjected to Limited Review by the Statutory Auditors of the Company. The Audited Standalone Financial Results are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.tttt  n2tThe figures for the quarter ended March 31, 2018 are the balancing figures between audited figures in respect of full financial year and unaudited published year to date figures up to the third quarter of the respective financial year.tttt  n3tSince the nature of the real estate business of the Company is such that profit / (loss) does not necessarily accrue evenly over the period, the result of the quarter may not be representative of the profit / (loss) for the period.tttt  n4tDuring the quarter, on June 21, 2018, the Company through Qualified Institutions Placement (QIP) allotted 2,40,00,000 equity shares to the eligible Qualified Institutional Buyers (QIB) at a price of Rs.500 per equity share of Rs. 10 face value (inclusive of premium of Rs.490 per share) aggregating to Rs 120,000 lakhs. The issue was made in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. Pending utilisation of the fund raised for the stated purpose, the funds are temporarily invested in Liquid Mutual Funds (Rs.72,000 lakhs) and Fixed Deposits (Rs.48,000 lakhs).tttt  n5tInd AS 115 Revenue from Contracts with Customers, mandatory for reporting periods beginning on or after April 1, 2018, replaces existing revenue recognition requirements. Under the modified retrospective approach there were no adjustments required to the retained earnings at April 1, 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.tttt  n6tDuring the quarter, the Company paid the dividend of Rs. 2 per equity share (20% of face value of equity share) for the financial year 2017-2018 declared by the members of the Company at the AGM held on June 05, 2018. The said dividend was proposed by the Board of Directors of the Company in the meeting held on April 24, 2018.tttt  nttttt(in Rs.)  ntParticulartQuarter endedtttYear ended  ntt30/06/2018t31/03/2018t30/06/2017t31/03/2018  ntFinal dividend (per share par value of Rs.10 each)t -   t 2 t -   t 2   n7tThe comparative financial results and other financial information of the Company as included in the Statement for the corresponding quarter ended June 30, 2017 were reviewed by the predecessor auditor who expressed an unmodified conclusion on those financial results on July 28, 2017.tttt  n8tPrevious period figures have been regrouped, re-arranged and re-classified wherever necessary to conform to current period’s classification.tttt</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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