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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1.The above results as reviewed by the Audit Committee have been approved by the Board of Directors at its meeting held on 13th August, 2020. 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 as per Ind AS-108, i.e Tires.  n4. The manufacturing operations which were discontinued due to lockdown for most part of April 2020 were resumed towards the last week of April when lockdown was partially lifted by the Government .After following stringent safety and security measures across all our plants, the Company was able to gradually ramp-up manufacturing activities in May 2020 and thereafter.  The Company has now gained normalcy in manufacturing activities as well as dispatches.    n5. Post lifting of lockdown, the work on Green Field Tire Project at Waluj and other expansions at Bhuj plant of the Company are progressing well.  The Company is trying to complete these projects as per schedule i.e. before 31st March 2021 subject to delay of one quarter ,if any, due to further lockdown or any unforeseen circumstances.    n6. The figures of quarter ended 31st March,2020 are the balancing figures between the audited figures of the full financial year and published year to date figures upto  the third quarter  of the  financial year.  n7. The Board of Directors have declared an interim dividend of Rs.3 (150%) per equity share of Rs. 2 each. The cash outgo on account of Interim Dividend  will be Rs.5800 Lakhs.  n8. Previous period's/year's  figures have been regrouped/reclassified wherever necessary.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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