GV Films Corrects Audited Financials for FY25 Due to Typo

GV Films Ltd has issued corrected audited financial statements for the year and quarter ended March 31, 2025. The correction addresses a typographical error by the auditor, where the Paid-up Capital in the PDF version was incorrectly stated as ₹18646.28 Lakhs instead of the actual ₹9146.28 Lakhs. The XBRL data was reportedly correct. The auditor's report also highlights significant qualifications, including the non-recognition of employee benefit obligations (gratuity and pension) as per IND AS 19, and an inability to confirm balances for trade payables, receivables, investments, loans, stock-in-trade, capital work-in-progress, and bank accounts due to non-receipt of confirmations. Furthermore, the audit faced challenges in verifying the Foreign Currency Convertible Bonds (FCCBs) due to non-furnishing of the underlying agreement.