Company Clarification on Financial Results Filing
This document is a formal clarification submitted by Algoquant Fintech Limited to the National Stock Exchange of India (NSE) regarding a discrepancy identified in its financial results filing.
Date and Nature of Query
- Date of Communication: September 17, 2026
- The clarification is in response to a query from the NSE regarding a discrepancy in the Profit Before Tax (PBT) and Profit After Tax (PAT) figures reported in the company's Standalone XBRL filing submitted on August 14, 2026.
Company’s Clarification on Trading Volume and Financial Results
- The company clarifies that the figures approved by its Board of Directors were PBT of INR 2,215.54 lakhs and PAT of INR 1,652.05 lakhs, as stated in the PDF version of the Standalone Financial Results.
- However, in the XBRL filing, the figures were inadvertently reported as PBT of INR 2,211.46 lakhs and PAT of INR 1,647.97 lakhs.
- The discrepancy is attributed to an inadvertent clerical human error while inserting the figures in the XBRL filing.
- The company had previously submitted an initial clarification on this matter to the Exchange on September 11, 2026, confirming that there was no change whatsoever in the Financial Results approved by the Board of Directors.
Reference to Regulatory Compliance
- The action to submit a revised filing is stated to be pursuant to the direction of the Exchange.
- The company has submitted the revised Standalone XBRL file on the Exchange portal, which incorporates the correct figures.
- The company assures the Exchange that appropriate checks and reconciliation will be undertaken in future filings to avoid recurrence of such errors.
Details of Financial Results Clarification
- The core of the clarification is that the error was purely clerical and did not represent any change to the audited financial results. The numerical correction is a restatement to the originally approved figures.