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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The Financial Results of the company for the quarter ended 31st December, 2020 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 30th January, 2021 and the Limited Review of the same has been carried out by the Auditors.   n  n2. These results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. The above results are prepared after consolidating results of all subsidiaries,joint ventures and associate companies except  for two joint ventures namely Raipur Infrastructure Co. Limited &amp; Chhattisgarh Captive Coal Mining Limited and one associate company namely Chhattisgarh Ispat Bhumi Limited due to non availibility of quaterly results. Howerver the impact of the same is insignificant.  n  n3. During the quarter the Company has divested partial equity stake in  Ardent Steel Ltd and accorndingly it  ceases to be subsidiary of the Company.  The consolidated results includes results of operations of  subsidiaries upto the date of loss of contol i.e. 27.12.2020 in accordance with Ind AS-110 'Consolidated Financial Statements' as a result of consolidation, the gain on disinvestment of subsidiaries in parents' standalone financial statement has been eliminated with corresponding net assets value, till the date of loss of control.   n  n4. The previous year/period have been regrouped/rearranged wherever found necessary.  n  n5. The above results are also available on www.godawaripowerispat.com, www.bseindia.com and www.nseindia.com.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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