Elitecon Clarifies Delay in Audited Financial Results Submission

Elitecon International Ltd has issued a clarification regarding the delay in submitting its audited financial results for the quarter and financial year ended March 31, 2026. The company stated that the delay is due to internal finalization processes, including the collation and consolidation of financial information from its Indian and overseas subsidiaries, reconciliation of balances, and review of year-end entries. Elitecon emphasized that the responsibility for the delay lies with the company and not the statutory auditors. Necessary steps are being taken to expedite the process, and the results will be submitted immediately after completion and board approval.