1) These results have been reviewed by the Audit
Committee and approved by the Board in their respective meetings held on
6th November, 2015.
2) The company, a vertically integrated copper producer, is primarily engaged in the business of mining and processing of copper ore to produce refined copper
metal, which has been grouped as a single segment in the above disclosures. The said treatment is in accordance with the Accounting Standard on "Segment Reporting (AS-17)".
Pending initiation of proposal and approval by Administrative Ministry
vis-a-vis certain clauses of Memorandum of Understanding (MoU) entered
into between the management and workmen regarding wage revision w.e.f.
01st November, 2012 needed to be finalised, an estimated provision of
Rs.15.20 crore has been made for half year ended 30.09.2015.
4) Figures for the previous period have been rearranged wherever necessary.