The Exchange had sought clarification from Archies Limited for the quarter ended 31-Dec-2024 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results not submitted as per Indian Accounting Standard. The response of the Company is enclosed.
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Archies Limited responded to NSE's query about its Q3 FY25 (quarter ended December 31, 2024) financial results not being submitted as per Indian Accounting Standards. The company clarified that it had inadvertently entered the wrong EPS figure of 0.1 in the XBRL filing, and later submitted a revised XBRL with the correct EPS of 0.01. The original financial results were filed on time on February 14, 2025, and only the XBRL data needed correction. For Q3 FY25, the company reported revenue from operations of ₹1,782.09 lakhs and a small net profit of ₹2.83 lakhs, though it remains in a loss of ₹35.86 lakhs for the nine-month period.
This is a minor clerical error in XBRL filing that has already been corrected and is unlikely to have any material impact on shareholders or the stock price. No financial figures have changed.