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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1.Ministry of Corporate Affairs(MCA) has exempted the company engaged in defence production from the        nrequirement of Segment Reporting.  n2.A Final dividend of Rs.2.55 per equity share for the financial year 2019-20 has been recommended by the Board of Directors at the meeting held on 29 June 2020.  n3.As required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the Statutory Auditors have conducted a limited review of the above financail results for the quarter and period ended 30 June 2020.Financial results for quarter ended 30 June 2019 were reviewed by a firm of Chartered Accountants.  n4.The figures of quarter ended 31 March 2020 are the balancing figures between the audited figures of the full financial year 31 March 2020 and the unaudited figures up to 31 December 2019.  n5.The above statement of financial results were reviewed by the Audit Committee and approved by the Board of Directors at the Meeting held on 31 August 2020.  n6.The Company has no subsidiaries / Joint ventures / Associates.  n7.These results have been prepared in accordance with the Ind AS notified under the Companies (Indian Accounting Srandards) Rules 2015, as amended.  n8.Tax expense (including deferred tax) has been made by reckoning the amendments made to the Income Tax Act,1961 w.e.f. 20.09.2019 in respect of reduced rates of taxation for domestic companies under specific circumstanses for all reporting periods except for the quarter ended 30.06.2019 for which provision is based on normal rates.  n9.The Covid-19 outbreak and the consequent lockdown had caused significant disturbances and slowdown of economic activities.The Company's operations for the quarter were impacted due totemporary suspension of production across plants.The operations are gradually ramping up, in spite of limited availability of workforce and supply chain disruptions.Further,the sales of the Company during the quarter were adversely effected, however with the easing out of restrictions the operations are getting back to normal.The company has considered internal and external sources of information and determined, exercising reasonable estimates and judgement, that the carrying amount of the assets are recoverable. Having regard to above, the Company's liquidity position is comfortable in meeting its financial obligations.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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