ITI Limited Issues Corrigendum to Audited Financial Results for Q4 & Year Ended March 31, 2026
Bengaluru: ITI Limited has issued a corrigendum to its audited financial results for the quarter and year ended March 31, 2026, following the discovery of clerical and typographical errors in the original statement filed on May 29, 2026.
Errors Identified
The company, on suo moto verification of the financial statements, noticed errors while deriving balancing figures between audited full-year figures and published year-to-date unaudited figures up to the third quarter ended December 31, 2025.
The errors relate to certain expenses and their consequential impact on the profit for the fourth quarter ended March 31, 2026.
No Impact on Full Year Profit
ITI Limited confirmed that despite the corrections, there is no change and no impact on the consolidated and standalone profit for the financial year ended March 31, 2026.
Corrections Filed
The company has submitted eight annexures detailing the corrections, including:
-
Consolidated and Standalone Audited Financial Results for Q4 and year ended March 31, 2026
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Consolidated and Standalone Cash Flow Statements
-
Notes to the financial results
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Statements of Assets and Liabilities as on March 31, 2025 (previous year)
Key Corrected Figures (Consolidated Q4)
|
Particulars |
Reported |
Substituted |
|---|---|---|
|
Purchase of stock-in-trade |
1,29,293 lakhs |
43,318 lakhs |
|
Other expenses |
11,634 lakhs |
9,449 lakhs |
|
Total expenses |
72,457 lakhs |
66,402 lakhs |
|
Profit before tax |
37,514 lakhs |
43,610 lakhs |
|
EPS (Basic) |
3.90 |
4.53 |
Public Shareholding Correction
The company also corrected the public shareholding percentage from 90.98 per cent to 9.98 per cent (including Special Investment Fund holding of 7.90 per cent).
Official Statement
The company stated: "Except for the aforesaid corrections, all other information, disclosures and figures contained in the Statement of Audited Financial Results for the quarter and year ended March 31, 2026 remain unchanged."
The corrigendum was signed by Y Sathyan, Company Secretary & Compliance Officer, ITI Limited.
Bottom Line: ITI Limited fixes clerical errors in Q4 results. Full year profit unchanged. Investors take note.