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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">The above Financial Results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 12, 2020. These financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under section 133 of Companies Act 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2015 (as amended). As the Company's business operations fall within a single primary business segment viz. product and systems for electricity distribution, the disclosure requirements of Ind AS 108 Operating Segments prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder, are not applicable. Exceptional items in comparative period represent expenses incurred under the organisational restructuring, to achieve higher efficiency, planned for over a period of time and includes shifting of factory lines to other locations and related employees settlement cost, there is a reversal of excess provision during the previous quarter.  nDuring the quarter, the Company incurred a loss of 295.60 MINR with the total accumulated losses aggregating to 3,882.70 MINR as at June 30, 2020 and its net worth fully eroded and its current liabilities exceeds its current assets by MINR 181.90. The management believes that the Company is expected to have sufficient cash flows to meet its obligations for next twelve months and does not anticipate that it will not be able to realize its assets and discharge its liabilities in the normal course of business. Accordingly, these results have been prepared on a going concern basis. Prior period figures have been reclassified/regrouped wherever necessary, to correspond with those of the current period classification.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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