Company Response to Exchange Query on Financial Results Submission
Date and Nature of Exchange Communication
The company is responding to observations received from the National Stock Exchange of India Limited via email dated June 25, 2026, regarding the Standalone and Consolidated Financial Results as on March 31, 2026.
Company's Clarification on Financial Results
The clarification addresses two specific issues raised by the exchange:
a. Standalone Reserves Excluding Revaluation Reserve
The company clarifies that the reserves reported in their XBRL submission do not include any revaluation reserve. The amount disclosed under "Reserves" is already stated excluding the revaluation reserve.
b. Mismatch in P&L Figures Between Consolidated XBRL and PDF
The company explains that to align the XBRL submission with the PDF version of the financial results, they mapped the Non-Controlling Interest amount under Line Item No. 15 – Share of Profit/(Loss) of Associates and Joint Ventures, along with existing figures. This mapping was done solely to ensure consistency in the reported Profit/(Loss) figures, and this approach is mentioned in the Notes of the XBRL filing.
The company confirms that the total Profit/(Loss) reported in the revised XBRL is fully aligned with the PDF version of the financial results submitted to the Stock Exchanges. The apparent mismatch arises because the amount relating to the Share of Profit/(Loss) of Joint Ventures is mapped before the line item "Profit Before Tax." While there may be differences at certain intermediate line items, the final Profit/(Loss) figures are correctly reported and consistent with the PDF version.
Regulatory Compliance Reference
The communication represents the company's compliance with regulatory requirements for financial disclosure clarification, though specific SEBI regulations are not explicitly cited in the document.