Announced Wed, 17 Jun · 17:25 IST

Revised Q4 FY26 results; clerical errors in related party disclosures corrected

Emphasis Of MatterPat NegativeRelated Party TransactionsResults RestatedResults View source PDF

AKSHAR · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.0%1-day move

₹0.46

prior close

₹0.45

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0-2.2+0.0+0.0+0.0-2.2-4.3-4.3-4.3-6.5-6.5——

Up moveDown movePending

AI summary

Akshar Spintex filed revised Q4 and FY26 results to fix clerical errors: director loan amounts were actually Rs 70L and Rs 50L (not Rs 700L and Rs 50L as originally stated), and one DIN was wrong. FY26 revenue from operations rose marginally to Rs 11,728.12 lakhs (vs Rs 11,676.91 lakhs). However, net loss widened sharply to Rs 738.94 lakhs vs Rs 444.81 lakhs prior year. Q4 had a small PBT of Rs 59.87 lakhs but a net loss of Rs 38.97 lakhs. Auditor gave an unmodified opinion with an Emphasis of Matter that inventory and debtor/creditor balances were not independently verified, and also flagged non-payment of professional tax.

Likely market impact

Wider annual losses, auditor concerns over unverified inventory and unpaid professional tax are negatives; corrections are administrative and do not affect reported numbers.