Quarterly Result21 May 2026, 07:32 pm
Shanti Gold Restates FY26 Q1-Q3 Results on Inventory Policy Change
AI Summary
Shanti Gold International Ltd has restated its financial results for Q1, Q2, and Q3 of FY 2025-26 following a change in its accounting policy for inventory valuation. The company shifted from the First-In-First-Out (FIFO) method to the Weighted Average Cost (WAC) method, applied retrospectively from April 1, 2024, as per Ind AS 8. The restated results, along with a Limited Review Report by J. Kala & Associates, Chartered Accountants, are available on the company's website.
Key Highlights
- Shanti Gold restated Q1, Q2, Q3 FY26 results due to accounting policy change.
- Inventory valuation method changed from FIFO to Weighted Average Cost.
- Change effective retrospectively from April 1, 2024, as per Ind AS 8.
- Limited Review Report issued by J. Kala & Associates.
- Restated results available on the company's website.
Price Impact
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