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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1.The Company operates in single reportable segment namely 'Engines'.  n  n2.The above statement has been prepared in accordance with the Companies (Indian Accounting Standards)  Rules, 2015 (Ind AS) prescribed under section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable.  n  n3.During the period ended September 30, 2019 , the Company has invested Rs.499.50 Crores towards subscribed and paid-up capital in its wholly owned subsidiary viz. ARKA fincap limited (formerly known as Kirloskar Capital Limited).  n  n4.Effective 1 April , 2019, the Company adopted Ind AS 116  Leases , applied to lease contracts existing on 1 April , 2019 using the modified retrospective method along with the transition option to recognise Right-of-Use asset (ROU) at an amount equal to the lease liability. Accordingly, comparatives for the previous quarters and year ended March 31, 2019 have not been retrospectively adjusted. The effect of this adoption is not material on the profit for the quarter  &amp; half year.  n  n5.The above results for the half year ended 30 September 2019 are reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on  24 October 2019 and are subjected to a  Limited Review  by the Statutory Auditors.  n  n6.The figures for the previous periods have been regrouped whenever required to make them comparable with those of the current period. </in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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