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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">Notes :  n  n1) The above Standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on 12th February, 2020. Limited review under Regulation 33 of the Securities and Exchange Board of India (Listing obligation and Disclosure requirements) Regulations 2015 have been carried out by the statutory Auditor of the Company. The auditors have expressed an unqualified report of the above results.  n  n2) The financial results of the Company have been prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015, ( Ind AS ) prescribed under section 133 of the Companies Act, 2013.  n  n3) The Company operates in a single reportable operating Segment 'Development of Rail Infrastructure'. Hence there are no separate operating segments as per with Ind AS 108 -Operating Segments.  n  n4) Effective April 01, 2019, the company has adopted Ind AS 116 using the  Modified Retrospective Approach . Upon transition ,cumulative adjustment for present value of the remaining lease payments of lease contracts existing as on the date of initial application has been recognised as a lease liability with an equivalent asset for the right to use. The comparative information of previous year is not restated as permitted by the standard. The adoption of the standard did not have any material impact on these financial results.  n  n5) The company has continued with old Income Tax Rates for the current quarter and is evaluating option available under section 115 BAA of the Income Tax Act,1961 as per the taxation laws (amendment) ordinance, 2019 dated September 20, 2019.  n  n6) The earnings per share (basic and diluted) for the interim periods have not been annualised.  n  n7) Figures for the previous periods are regrouped, wherever necessary to make them comparable.  n  n8) The results of the company are available for investors at www.rvnl.org, www.nseindia.com and www.bseindia.com.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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