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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above unaudited standalone financial results for the quarter ended June 30, 2020 have been reviewed by the Audit Committee and approved by the Board in their meeting held on August 14, 2020. The above results have been reviewed by the statutory auditors, Deloitte Haskins &amp; Sells LLP who have expressed an unmodified opinion on the same.  n  n2. Based on internal reporting provided to the Chief Operating Decision Maker, “Media and Entertainment” is the only reportable segment for the Company.  n  n3. The IPL season 2020 has been delayed and is expected to commence in September 2020. Consequently, the financial results of the Company’s IPL franchise, “SunRisers Hyderabad” will be reported accordingly. The results for the quarter ended June 30, 2019 includes income from IPL season 2019 (partial) of Rs.244.39 crores and corresponding costs of Rs.138.40 crores.  n  n4. The outbreak of COVID -19 pandemic and consequent lock down has impacted the regular business operations of the Company. The results for the quarter are therefore not comparable with those for the earlier quarters presented. The Company has assessed the impact of the pandemic on its financial results / position based on the internal and external information, to the extent known and available up to the date of approval of these financial results and based on the current estimates, the Company expects no further adjustments to the carrying amounts as at June 30, 2020 of the investments, intangible assets, receivables and other financial assets. This assessment and the outcome of the pandemic as regards the aforesaid matters is highly dependent on the circumstances / developments, as they evolve in the subsequent periods.  n  n5. The figures for the quarter ended March 31, 2020 are the balancing figures between audited figures in respect of full financial year ended March 31, 2020 and un-audited published year to date figures upto December 31, 2019, which were subjected to a limited review by the Statutory Auditors.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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