Clarification24 Jul 2026, 07:50 pm
TTK Prestige Clarifies Financial Results Filing Error
AI Summary
TTK Prestige Ltd has issued a corrigendum to its audited financial results for the quarter and year ended March 31, 2026. The company identified an inadvertent error in the break-up of 'Cost of Goods Sold', specifically a reclassification of ₹52.95 crores between 'Cost of Materials Consumed' and 'Purchase of Stock-in-Trade'. This reclassification does not impact the total cost of goods sold, revenue, profit, or any other key financial results. The revised figures have been submitted to the exchange, and the company assures stakeholders that no material financial parameters have been affected.
Key Highlights
- Corrigendum issued for audited financial results ending March 31, 2026.
- Error involved reclassification within 'Cost of Goods Sold'.
- Reclassification amount was ₹52.95 crores between two sub-components.
- No impact on total cost of goods sold, revenue, or profit.
- Company emphasizes no effect on key financial parameters for investors.
Price Impact
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