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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The standalone unaudited financial results have been prepared in accordance with the Indian Accounting Standards ('Ind AS') as prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with Companies (Indian Accounting Standards) Rules as amended from time to time. The above standalone unaudited financial results have been reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors of the Company at their respective meetings held on 15 September 2020.   n  n2. The Company is principally engaged in a single business segment viz Construction.  n  n3. The outbreak of COVID-19 had disrupted regular business operations of the Company due to the lock down restrictions and other emergency measures imposed by the Government from time to time. The business operations hove recommenced in a limited scale post relaxation of lockdowns with limited availably of workforce and disrupted supply chain. The Company has also adopted measures to curb the spread of infection in order to protect the health of its employees and ensures business continuity with minimal disruption. Accordingly, the results for the quarter are not comparable with those for the previous quarters.   nThe management has made an assessment of the possible effects of COVID-19 on these standalone financial results based on internal and external information available up to the date of approval of these financial results and expects to recover the carrying valie of its assets. However, the actual impact of COVID-19 pandemic on the Company’s results remain uncertain and dependant on the spread of COVID-19 and steps taken by Government to mitigate the economic impact, and may differ from that estimated as at the date of approval of these financial results.     n  n4. Exceptional item for the quarter and year ended 31 March 2020 represents write off towards current trade receivables and unbilled work-in-progress (other current assets) aggregating Rs. 4,093.36 lakhs receivable from a customer, considered as non- recoverable.  n  n5. Figures of the quarter ended 31 March 2020 are the balancing figures between the audited standalone figures for the year ended on that date and the unaudited standalone published year to date figures up to the nine period ended of that respective year.   n  n6. Previous quarter/ period figures have been regroupped/ rearranged, wherever considered necessary.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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