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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS) specified under Section 133 of  the Companies Act, 2013 read with relevant rules.   2. The above results have been reviewed by the Audit Committee of Directors and approved by the Board of Directors of the Company at their respective meetings held on 8th August, 2023.   3. In accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, the Statutory Auditors have carried out a limited review of the consolidated financial results for the quarter ended 30th June, 2023.   4. The Company's operations fall under single segment namely  Chemicals  as per Ind AS - 108  Segment Reporting .   5. The figures of quarter ended 31st March, 2023 are the balancing figures between audited figures of the full financial year ended 31st March, 2023 and the published year to date figures upto third quarter ended 31st December, 2022, which were subjected to limited review.   6. The sharp decline in profit  before tax for the first quarter ended 30.06.2023 compared to the last quarter and corresponding first quarter of last year is mainly on account of overall adverse market condition of Caustic-Chlorine industry leading to a substantial reduction in price in both domestic and international markets resulting into net loss.   7. Corresponding figures of the previous period / year have been regrouped and rearranged to make them comparable, wherever necessary.    8. The Consolidated Financial Results includes result of 60% equity Joint Venture company - GACL-NALCO Alkalies &amp; Chemicals Pvt. Ltd.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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