Quarterly Result21 May 2026, 02:12 pm
Power Mech Projects Corrects FY26 Financial Statement Errors
AI Summary
Power Mech Projects Ltd identified typographical errors in the consolidated financial statements for the quarter and year ended March 31, 2026, initially submitted on May 20, 2026. The errors pertain to the 'Current Tax Asset (net)' and 'Other Current assets' figures. Corrected financial statements have been issued. The company confirms that these corrections do not impact the final figures reported in the balance sheets or affect stakeholders.
Key Highlights
- Typographical errors found in Power Mech's FY26 consolidated financial statements.
- Corrections involve 'Current Tax Asset (net)' and 'Other Current assets' figures.
- Revised financial statements (Annexure-1) have been issued.
- Corrections do not impact final balance sheet figures or stakeholders.
- Auditor's report confirms true and fair view of financial results.