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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">Notes:              1. Sugar production being seasonal, performance of one quarter is not indicative of the trend for the whole year.            2. The Company at its 27th Annual General Meeting on 21.06.2023 declared a dividend of Rs.6.50 per equity share that was paid on 23.06.2023.            3. The Memorandum of settlement with employees signed on 09.05.2023 covers wage revision from 01.10.2022 and goodwill payment for the preceding four years. Consequently,excess liability of Rs.274 lakhs recognised in earlier years based on best estimate has been reversed in the current quarter and included in other income.This has no impact in the subsequent periods.            4. Other income includes Rs.548 lakhs of dividend while in the previous year dividend of Rs.236 lakhs accounted in the second quarter.            5. The above unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on 21st July 2023. The statutory auditors have conducted a limited review of the  financial results.           For Ponni Sugars ( Erode) Ltd            Chennai                N Ramanathan   21.07.2023             Managing Director</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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