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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">Notes :   1. The above audited financial results for the quarter and year ended March 31, 2022 have been reviewed by the Audit Committee and approved by the the board of Directors at their respective meetings held on May 30, 2022. The Statutory Auditors of the Company,Bilimoria Mehta &amp; Co., Chartered Accountants, have audited the above financial results for the quarter and year ended March 31, 2022. There is no qualification in the report issued by the statutory Auditor.      2. The above results are prepared in compliance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 and notified by the Ministry of Corporate Affairs under the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and other accounting principles generally accepted in India.      3. 'The Company is engaged in Hospitality business, consequently the Company does not have separate reportable business segment for the quarter and year ended March 31, 2022.      4. 'The business has been impacted during First three months of the year on account of COVID-19. During the first three months, the Company witnessed softer revenue due to the second wave of COVID-19 and consequent to the lockdown in several states across the country. also there was a third wave in the month of January 2022, resulting in restrictions in some states, which also adversely impacted the revenues.However with increased vaccinantions and consequent reduction in number of cases and easing of all restrictions, the company has witnessed recovery in its business.       'The Company has assessed the possible impact of COVID-19 in preparation of the financial results, including but not limited to its assessment of liquidity and going concern assumption and impact on revenues and costs. The Company has considered internal and external sources of information and has performed sensitivity analysis on the assumptions used and based on current estimates, expects to recover the carrying amount of these assets. The impact of Covid-19 may be different from that estimated as at the date of approval of these financial results and the Company will continue to closely monitor any material changes to future economic conditions.      5. 'Figures relating to the previous period(s) / year have been regrouped / rearranged, wherever necessary, to make them comparable with those of the current period / year.      6. 'Figures for the quarter ended March 31, 2022 and March 31, 2021 as reported In these financial results, are the balancing figures between audited figures in respect of full financial years and the published year to date figures upto the end of the third quarter of the respective financial year.      7. 'The above results of the Company are available on the Company's website www.thebyke.com and also on www.bseindia.com and www.nseindia.com.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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