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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above results were reviewed by the Audit Committee and approved by the Board of Directors at the Board Meeting held on 2nd November 2018.  n  n2. The Government of India has Implemented Goods and Services Tax (GST) from July, 2017 subsuming excise duty, service tax and various other indirect taxes. As per Ind AS, the revenue as reported above is net of GST. Accordingly, the numbers for the six months ended 30th September 2018 are lower and not comparable with the corresponding period last year.  n  n3. Revenue from operations for the quarter ended 30th Sep 2018 of Rs. 6730.71 million has increased by 15% over the corresponding period last year.  n  n4. Profit before tax for the quarter ended 30th Sep 2018 of Rs. 857.63 million, has increased by 34% over the corresponding period last year.  n  n5. The Company operates in a single segment, i.e., Footwear and Accessories.  n  n6. Effective April 1, 2018, the Company has adopted Ind AS 115 using the cumulative effect method. Accordingly the comparative information is not restated in the audited/unaudited result for the quarter ended 30th September 2017, six months ended 30th September 2017 and year ended 31st March 2018. There is no significant impact on retained earnings as at 1 April 2018. Moreover, the application of IND AS 115 did not have any significant impact on recognition and measurement of revenue from operations and other related items in the financials results of the Company.  n  n7. The review report of Statutory Auditors is being filed with National Stock Exchange of India Limited, BSE Limited and The Calcutta Stock Exchange Limited. For more details on unaudited results, please visit Investor Relations section of our website at www.bata.in and Financial Results at Corporate section of www.bseindia.com, www.nseindia.com and www.cse-india.com.  n </in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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