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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above consolidated financial results of Lumax Auto Technologies Limited ( the Company ) and its subsidiaries (together referred as  the Group ) have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on August 10, 2023.         2. These consolidated financial results have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards (Ind AS) as notified under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 as amended. The said financial results represents the results of the Group which have been prepared in accordance with Ind AS 110  Consolidated Financial Statements .            3. The Group business activity falls within a single business segment i.e. manufacturing and trading of Automotive Components, accordingly there are no additional disclosures to be furnished in accordance with the requirement of Ind AS 108  Operating Segments  with respect to single reportable segment. Further, the operations of the Group is domiciled in India and therefore there are no reportable geographical segment.         4. The figures for the current quarter ended June 30, 2023 and previous quarter ended March 31, 2023 includes business operations of the stepdown subsidiary company  IAC International Automotive India Private Limited  (acquired on March 10, 2023). Accordingly, results of the quarter are not comparable.         5. The figures for the quarter ended March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year ended March 31, 2023 and the unaudited year to date figures upto the third quarter of the financial year which was subject to review by the statutory auditors.      6. The Board of Directors of subsidiary companies namely IAC International Automotive India Private Limited (Transferor Company) and Lumax Integrated Ventures Private Limited (Transferee Company) had accorded their consent to the Scheme of Amalgamation (`Scheme’) for merger of Transferor Company with Transferee Company in their respective meetings held on August 04, 2023.      7. The above financial results are available on the Company's website www.lumaxworld.in/lumaxautotech and also on the websites of NSE (www.nseindia.com) and BSE (www.bseindia.com)</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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