Finolex Industries Limited has replied to a clarification sought by the National Stock Exchange of India Limited regarding its financial results for the quarter ended March 31, 2026, under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The exchange had flagged a discrepancy in the Consolidated Earnings Per Share (EPS) figures between the PDF and XBRL filings submitted on May 26, 2026.
The NSE's query dated June 25, 2026, noted that the Diluted EPS was not disclosed in the XBRL submission, while it was present in the PDF version of the financial results.
Finolex Industries Limited clarified that the EPS figures in the Consolidated XBRL utility were inadvertently entered under the field "Earnings per equity share for discontinued operations" instead of "Earnings per equity share for continuing operations."
The company confirmed that the EPS figures disclosed in the PDF version of the Consolidated Financial Results are correct and accurately represent the EPS from continuing operations. The error was purely clerical and typographical in nature and does not affect the financial results approved by the Board of Directors.
Finolex Industries Limited has regretted the inadvertent error and assured that due care will be taken to avoid such occurrences in the future. The company has requested the exchange to take the clarification on record.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.