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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1.The above financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 28th May 2019 and have been audited by  Statutory auditors of the company. The Statutory auditors have expressed an unmodified opinion.  n  n2.Figures of last quarter are balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the relevant financial year.  n  n3.Consequent upon Govt. of  India decision to disinvest, 99,05,157 shares of the company were alloted to public on 26th September 2018 and shares of the company listed on NSE &amp; BSE on 28th September 2018. The procceds of the disinvestment have been realized by Govt. of India (GOI).  n  n4.The Standalone and consolidated financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS) as notified under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 and Companies (Indian Accounting Standards) amendment Rules, 2016 and other recognized accounting practices and policies to the  extent applicable.  n  n5.In line with provisions of Ind AS 108 - Operating Segments, the operations of the Company / Group fall primarily under geographical information about group of countries, which is considered to be the only reportable segment by management.  n  n6.Ind AS 115 Revenue from Contracts with Customers, mandatory for reporting periods beginning on or after April 1, 2018, replaces existing revenue recognition requirements. The application of Ind AS 115 did not have any material impact on the Company / Group's accounting for recognition of revenue and related items in these financial results.  n  n7.During the year ended on March 31, 2019 the Company has incorporated one wholly owned subsidiary - Ircon Vadodara Kim Expressway Limited.  n  n8.The BoD has recommended a Final Dividend of Rs. 10.825 per equity share on face value of Rs. 10/- per equity share for the financial year 2018-19, subject to the approval of the shareholders at the AGM.  nThe total Dividend for the year is Rs. 21.545 per equity share.  n  n9.Figures for the previous periods / years have been re-grouped / re-classified / re-casted to conform to the classification of the current period. </in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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