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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1.The above unaudited results as reviewed by the Audit Committee have been approved by the Board of Directors at its meeting held on 14th November, 2019.The Statutory Auditors  of the Company have carried out the  Limited Review  of the above results.  n2. The Company has only one reportable business segment i.e Tyres.  n3. The Other Income includes net Foreign exchange Gain/(Loss) as under:      n4. The  Board of Directors have 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.          n5. Tax expenses for the quarter and half year ended 30th September,2019 have been made as per Taxation Laws Amendment Ordinance 2019 as applicable to the Company.        n6. The Company has adopted lnd AS-116 'Leases' effective 1st April, 2019 as notified by the Ministry of Corporate Affairs (MCA) and applied the Standard to its leases.This has resulted in recognising a Right-of-Use Asset and a corresponding Lease Liability. The effect of this adoption on the profit for the current quarter is not material.                         n7. The work on second phase of carbon black project at Bhuj and other capital expenditure at Bhuj and Waluj Plants of the Company is progressing as per schedule.  n8. Previous period's/year's  figures have been regrouped/reclassified wherever necessary.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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