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The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 31 July 2026. &lt;br /&gt; 
 &lt;br /&gt; 
2. The figures for the quarter ended 31 March 2026 are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures up to the end of third quarter of the respective financial year, which was subjected to Limited Review. &lt;br /&gt; 
 &lt;br /&gt; 
3. Company operates in single reporting segment of ‘Fluid Machinery and Systems’. As per Ind AS 108, 'Operating Segments', when financial results contain both consolidated and standalone financial results , segment information needs to be presented only in the consolidated financial results. &lt;br /&gt; 
 &lt;br /&gt; 
4. The Company has received dividend from its group company of Rs 11.375 Mn during the quarter ended 30 June 2026 (PY- Rs 6.500 Mn). &lt;br /&gt; 
 &lt;br /&gt; 
5. The Government of India has consolidated multiple existing labour legislations into a unified framework comprising of four Labour Codes, collectively referred to as the 'New Labour Codes' and notified with effect from 21st November 2025. Based on the analysis of the information available so far and actuarial valuation, the Company has recognised an incremental impact of Rs. 262 Mn for the quarter ended 31 March 2026 and Rs. 414 Mn for the year ended 31 March 2026 as past service cost on post-employment defined benefits for its employees. Considering that this impact is driven by a regulatory change and is non-recurring in nature, it is classified under exceptional items in these financial results. The Company continues to monitor the developments relating to the implementation of the New Labour Codes and would review the estimates as further clarifications and Rules are notified. &lt;br /&gt; 
 &lt;br /&gt; 
6. During the previous year, the Hon’ble National Company Law Tribunal, Mumbai Bench (“NCLT”), passed an order dated 3 November 2025 approving the merger of the Company’s step down subsidiary, The Kolhapur Steel Limited (TKSL), into the company’s wholly owned subsidiary, Karad Projects and Motors Limited (KPML), with an appointed date of 3 October 2024. The order was subsequently filed with the Registrar of Companies (ROC) on 5 December 2025.  &lt;br /&gt; 
 &lt;br /&gt; 
During the previous year, the Company recovered certain old trade receivables for which provisions of Rs 564 Mn had  been created over the  years. Accordingly, the  provision of Rs 564 Mn which is no longer required has been written back in the standalone financial statements under “Other Expenses”. The write back does not have any impact  on the Company’s consolidated financial results. &lt;br /&gt; 
 &lt;br /&gt; 
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