Shanti Gold Restates Q1-Q3 FY26 Results After Inventory Policy Change

Shanti Gold International restated Q1, Q2, and Q3 FY2025-26 financial results due to voluntary change in inventory valuation from FIFO to Weighted Average Cost method.
The restatement resulted in revised quarterly profits ranging from ₹123.46 million to ₹278.65 million for the reported periods.
Company completed its IPO of 1,80,96,000 equity shares with listing effective August 1, 2025, increasing share capital from ₹540 million to ₹720.96 million.
Auditor J. Kala & Associates issued limited review reports with emphasis on the accounting policy change but no modified opinion.