Arex Industries Ltd. submitted a clarification letter to the BSE regarding a clerical mistake in its Standalone Audited Financial Results for the quarter and year ended March 31, 2026, which were originally uploaded on May 21, 2026.

The nature of the event is a rectification of a clerical error found in Point No. 10 (Other Comprehensive Income) and Point No. 11 (Total Comprehensive Income) of the Statement of Standalone Audited Financial Results. The company and its statutory auditors identified the error. The rectified financial results were enclosed with the letter for dissemination.

The disclosure explicitly states that the rectification has no impact on any other financial figures, including the balance sheet and cash flow statement. The only changes are confined to the Other Comprehensive Income and Total Comprehensive Income lines.

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and SEBI Listing Regulations (Regulation 33). They were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 21, 2026.

Key Financial Figures (Year Ended March 31, 2026, in ₹ Lakhs)

  • Revenue from Operations: 4,963.74
  • Other Income: 6.22
  • Total Income: 4,969.96
  • Total Expenses: 4,778.08
  • Profit Before Tax: 191.88
  • Tax Expense: 43.73 (Current Tax: 58.00; Past Year Tax: -3.92; Deferred Tax: -50.35)
  • Profit/(Loss) for the period: 148.15
  • Other Comprehensive Income (After Tax): -10.87 (Items that will not be reclassified to profit or loss: 3.66; Income tax impact on above: 3.66)
  • Total Comprehensive Income: 137.28
  • Paid-up Equity Share Capital: 359.87 (Face Value ₹10/- each)
  • Earnings Per Share (Basic): ₹4.12
  • Earnings Per Share (Diluted): ₹4.12

Key Financial Figures (Quarter Ended March 31, 2026, in ₹ Lakhs)

  • Profit/(Loss) for the period: -2.59
  • Other Comprehensive Income (After Tax): -10.88
  • Total Comprehensive Income: -13.47
  • Earnings Per Share (Basic): -₹0.07
  • Earnings Per Share (Diluted): -₹0.07

Dividend

The board of directors recommended a final dividend of ₹2.50 (25%) per equity share of face value ₹10/- each for the financial year ended March 31, 2026. This dividend payment is subject to approval by shareholders at the ensuing Annual General Meeting and will be paid within the statutory time limit upon approval.

Notes to Financial Results

  • The figures for the quarter ended March 31, 2026, are the balancing figures between the audited figures for the full financial year and the published year-to-date figures up to the end of the third quarter of the financial year. The figures up to the end of the third quarter were subject to a limited review.
  • The company has only one reportable segment.