Quarterly Result1 Jun 2026, 05:22 pm
Garware Synthetics Revises FY26 Audited Results Due to Error
AI Summary
Garware Synthetics Ltd has submitted revised audited financial results for the quarter and year ended March 31, 2026, due to typographical errors in the standalone cash flow statement and a clerical error in the consolidated cash flow statement. The error in the consolidated cash flow statement pertained to 'Proceeds/(repayment) from non-current borrowings,' which was initially reported as (₹5.93) Lakhs instead of ₹9.51 Lakhs. The company has corrected these errors and uploaded the revised statement on its website, assuring that there are no other changes in the reported figures.
Key Highlights
- Garware Synthetics revised FY26 audited results due to errors in cash flow statements.
- Error in consolidated cash flow: Non-current borrowings reported as (₹5.93) Lakhs, corrected to ₹9.51 Lakhs.
- Standalone cash flow statement had typographical errors, now corrected.
- No other changes in the figures reported in the audited financial results.
- Company has uploaded the revised statement on its website and taken steps to prevent future errors.
Price Impact
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