Key Quantitative Figures
- One-off items impacting profit: INR 114 million
- Ownership stake acquired in Anand Chemiceutics Private Limited: 51.51%
Details of Clarification
1. Profit Attributable to Owners of the Company
The Company reported operational growth during the quarter, but profit growth was impacted by specific one-off items totaling INR 114 million. These items comprised:
- Costs associated with closure of a business contract
- Higher provisioning charges and write-offs
These items originated from Entero's Standalone Financials and its Wholly Owned Subsidiaries, directly affecting the profit attributable to the owners of the Company.
2. Increase in Non-Controlling Interest (Minority Interest)
The increase in non-controlling interest during the quarter is primarily attributable to the acquisition of Anand Chemiceutics Private Limited, which was completed during the Quarter. The Company acquired a 51.51% ownership stake in this subsidiary.
As a result of this acquisition, a higher share of profits attributable to minority shareholders of this subsidiary has been reflected under non-controlling interest in the Consolidated Financial Statements.
Purpose and Rationale
The clarification was submitted to ensure transparency and adequate dissemination of information to investors regarding the Q4 FY26 financial results.