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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 6th November, 2019.  n  nThe Limited Review of the results for the Quarter ended 30th September, 2019 as required under Regulations 33 of the SEBI (Listing Obligations &amp; Disclosure Requirements) Regulation, 2015, has been completed by the Statutory Auditor of the Company.  n  n2. The Group has adopted Ind AS 116 “Leases” effective 1 April 2019, as notified by the Ministry of Corporate Affairs(MCA) in the Companies (Indian Accounting Standard ) Amendment Rules, 2019.The adoption of this standard did not have any material impact on the profit of the current quarter and six months ended 30th September, 2019.  n  n3. Till previous quarter ended June 30, 2019, the Group did not recognize the unused Minimum Alternate Tax (MAT) credit (unused tax credits) considering that, based on the future projections, the availability of taxable future profits against which such deductible temporary difference can be utilized could not be ascertained with required level of certainty. During the current quarter ended September 30, 2019, the effective MAT rate applicable for financial year 2019-2020 has reduced from 21.54% to 17.47% due to which the difference in tax rates as per normal tax provisions and as per MAT has increased, leading to higher possibility of utilization of such unused tax credits. Despite of such change in MAT rate, considering that one of the major units of the Group will be enjoying tax holiday for next 7 years, the management is not reasonably certain that it will be able to use the MAT credit and accordingly on a prudent basis, no MAT asset has been recognised.  n  n  n4. The Board of Directors at its meeting held on 6th November 2019, declared an Interim Dividend of 200% i.e Rs. 2/- per equity of Rs. 1/- each fully paid up. The company has fixed 15th November 2019 as the Record Date for the purpose of determining shareholders entitled to receive the said Interim Dividend.  n  n5. The figures for the previous periods have been rearranged / regrouped wherever necessary, to make them comparable.  n  n  n6. As the Group business activity falls within a single operating segment, viz,  Personal and Healthcare , no separate segment information is disclosed.  n7. These financial results are available on the Company's website at http://www.emamiltd.in.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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