Financial Analyst Summary
Summary of Company’s Response
Shiva Mills Limited has provided a clarification to the National Stock Exchange of India (NSE) regarding a discrepancy identified in its XBRL filing for the quarterly financial results.
Date and Nature of Exchange Query
- The company is responding to emails from the NSE dated September 9, 2026, and September 16, 2026.
- The query pertained to a discrepancy in the Earnings Per Share (EPS) figure between the Financial Results submitted in a PDF format and the XBRL filing, which was submitted on August 6, 2026.
Company’s Clarification on Financial Results
- The company stated that while preparing the XBRL filing, an EPS of ₹3.27 per share was inadvertently mapped under the "Discontinued Operations" taxonomy element instead of the correct "Continuing Operations" element.
- It clarified that the company has no discontinued operations during the relevant reporting period (quarter ended June 30, 2026).
- The EPS of ₹3.27 per share correctly pertains to Continuing Operations and was accurately reported in the PDF version of the Financial Results.
- The company emphasized that the error was purely inadvertent and limited to the classification within the XBRL taxonomy. It confirmed that there is no change in the underlying financial results of the company.
Regulatory Compliance and Action
- The communication is a direct response to a regulatory query, demonstrating compliance with exchange disclosure requirements.
- The company has submitted a revised XBRL filing for the quarter ended June 30, 2026, to correct the error.
- It expressed regret for the error and committed to exercising due care in the preparation and review of future XBRL filings to ensure consistency with approved Financial Results.