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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above unaudited Consolidated Financial Results of the Company for the Quarter ended on June 30, 2023 have been reviewed by the Audit Committee and approved by the Board of Directors in the Meeting held on July 22, 2023. The Statutory Auditors have conducted Limited Review of these results in terms of Regulation 33 of the Securities Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015.   2. The Consolidated Financial Results for the quarter ended June 30, 2023 include the following entities of the group:   (i)The Consolidated results of the Company include audited results of the subsidiaries - Arihant Institute of Financial Education Private Limited (100%), Arihant Futures and Commodities Limited (100%), Arihant Financial Services Limited (100%), Arihant Insurance Broking Services Limited (100%) and Arihant Capital (IFSC) Limited (100%).   3. (ii) The Management certified the financial results of associate, Electrum Capital Private Limited (27.23%), in India. The financial result of Electrum Capital Private Limited does not constitute a material component of the consolidated financial results and these have been consolidated as associate, under equity method of accounting as per Indian Accounting standard.    4. The Company has sold entire shareholding of its wholly owned subsidiary Ahinsa Lifespace lnfraheight Limited on September 30, 2022 for a total consideration of Rs. 221.00 Lacs. The Consolidated results for Q1 and year ended of FY 2022-23 include the profit / (loss) figures of the subsidiary for the period.   5. The figures for the quarter ended March 31, 2023 represents the balance between audited financial in respect of the full financial year and those published till the third quarter of the respective financial year.   6. Previous period / year figures have been regrouped / reclassified, wherever found necessary, to conform to current period / year classification.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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