StockWatch
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Hospital
Quarterly Result25 May 2026, 06:22 pm

Kovai Medical: Tax Expense Error Corrected for Q4 FY26

AI Summary

Kovai Medical Center & Hospital Ltd. identified and corrected an arithmetical error in the tax expense for the quarter ended March 31, 2026. The reported tax expense was revised from ₹2459.20 Lakhs to ₹2092.48 Lakhs. The error stemmed from a discrepancy between the full financial year tax amount and the cumulative amount reported for the nine months ended December 31, 2025. The company has issued a corrigendum and assures measures to prevent future errors. Figures for the twelve months ended March 31, 2026, remain unchanged.

Key Highlights

  • Kovai Medical corrected a tax expense error for Q4 FY26.
  • Revised tax expense: ₹2459.20 Lakhs to ₹2092.48 Lakhs.
  • Error due to discrepancy in full-year vs. nine-month tax figures.
  • Full-year figures for FY26 remain unchanged.
  • Company assures steps to prevent future errors.