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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1.The above unaudited (Stand - alone) results as reviewed by the Audit Committee have been approved by the Board of Directors at its meeting held on 11th August, 2018. The Statutory Auditors of the Company have carried out the  "Limited Review" of the above results.2. Operating segments disclosures as required by Ind AS-108 is not applicable as the company operates in one single primary business segment i.e Tyres.3. The Other Income includes net Foreign exchange (gain)/loss on account of  mark to market on  foreign currency transactions as under:4. The figures for the quarter ended 31st March , 2018 are the balancing figures between audited figures in respect of full financial year ended 31st March ,2018 and the unaudited published year to date figures up to 31st December, 2017  being the date of the end of the third quarter of financial year, which were subject to limited review.5. The Company had initiated to set up a carbon black project of 60,000 MT p.a.  which is presently underway.  Considering the overall demand / supply outlook of Carbon Black, the Board has approved to enhance the project size from 60,000 MT to 140,000 MT.  The total capital outlay on the entire project is estimated at Rs. 425 crores which is planned to be completed by F.Y. 2020 � 2021.   6. The  Board has declared an Interim dividend of Rs.2 (100 %)  per equity share of Rs.2/-each. The cash outgo on account of Interim dividend and dividend tax will be Rs.4661 Lakhs.7. Previous period's figures have been regrouped/reclassified wherever necessary.             (Refer attached results)</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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