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{recount[Notes to Statement of Standalone Unaudited Fi
ial Results forthe quarter and half yeur ended 30th September, 2019:
1 The above results were reviewed by the Audit Committe and approved by the Board of Directors in their mesting held on 24th October,
2019. The limited review, as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
has been completed by the Statutory Auditors and expressed an unmodified opinion on the aforessid results,
2 Effective April 1, 2019, the Company adopted Ind AS 116 "Leases", applied to all lease contracts existing on April 1, 2019 using the
modified retrospective method slong withthe transition option to recognise Right-ofUse asset (ROU) at an amount equal to the lease
liaitty. Accordingly, comparatives forthe quater and half year ended Septernber 30,2018 and year ended March 31, 2019 have not been
retrospectively adjusted. The effect ofthis adoption is not material onthe profit and earnings per shate forthe quarter and half year ended
September 30, 2019,
3 The Standalone Cash Flow Statement for the half year ended September 30, 2018 is approved by the Board of Directors ofthe Company but
‘nes not been subjected 10 review by the Statutory Auditors
4 The Company is primarily inthe business of manufacturing, purchase and sale of Motor Vehicles, Components and Spare Parts
(*Automobiles". The oer activities ofthe Company comprise facilitation of Pre-Owned Car Sales, Pleet Management and Cat Financing,
‘The income from these activites isnot material in financial terms but such activities contribute significantly in generating demand forthe
products ofthe Company. Accordingly there are no reportable segments.
On 20th September 2019, the Government of India vide the Taxation Laws (Amendment) Ordinance 2019, inserted Section L1SBAA inthe
Income Tax Act, 1961, which provides domestic companies an option to pay Income tax at reduced rate effetive 1 April 2019, subject to
czriin conditions, The tax expenses for the quarter and half year ended 30 September, 2019 have been provided for at reduced ax rate,
For and on behalf of the Board of Directors
‘New Delhi {= (come,
2th October, 2019 \eX[MARUTE SUZUKI INDIA LINITTED
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New Delhi (: Stents | |
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2th Octaber, 2019 Wy 5Y
ited Financial Reval fo the quarter and half yearend 30h September, 2019
‘The above resus were reviewed by the Avdit Comite and approved by the Board of Directors in ther meeting held on 24th Octobe.
2019 Te limited eviews requted under Regulation 33 ofthe SEB (Uisting Obligntions and Disclosure Requirements) Regulations,
2015, has been compleed by the Statutory Audios and expressed an waned opinion onthe afresai esl
“The Conslidaed financial results includ the els of the Company, 2 susie, 1 associates and 2 joint ventures. The Company
sogeter with subse i een feet the Group. the previous year, the Group ad ote o publish consolidated nae
reslteon an annul bass Accordingly, de conoidted franca resis fr the quer a hal year ended Sepemibe 30, 2018 an Cash
Flow Statement fr the half year ended September 30,2018 are approved bythe Boe of Dien ofthe Company bu havent been
subjected 0 review by the Sutter Autor.
festive Api 1, 2019, the Group adopted Id AS 116 “Leases, applied tal ease contracts esting on Api 1, 2019 sing the modied
respective method along vith the transition option to recognise Righ-fUse asset (ROU) at an mount equal othe ee ability
‘Accordingly, comparative othe quar an half year ended September 30,2018 and year ended March 31,2019 hae not been
‘especialy adjusted. The eet ofthis adoption isnot mteial on the profit ae erings pr Shire forthe quarter and hal yar ended
September 30,2019
‘The Group primarily nthe busines of manufacturing, purchase and sale of Motor Vehicles, Components and Spare Pars
(Automates) The ater activities ofthe Group compre facilitation of Pre-Owned Ct Sas, Feet Management and Car Financing The
Income tom thee atv sot mtr in rani terms but ch ative contnbute sigan in geneting demand forthe
prodots ofthe Group. Accordingly thee ate na reportable segments.
(On 20th Sepember2019, he Goverment of Inia vide the Taxation Laws (Amendment) Ordnance 201, inserted Section 11SBA inthe
Income Tat Act, 1961 hich provides domestic companies an option to py Income tae a ecuced ate fei | Api 2019, subject to
eran conditions. The wax expeses forthe quarter and haf year ended 30 September, 2019 have ben provided fr a reduced tox ae