The Exchange had sought clarification from Arkade Developers Limited for the quarter ended 30-Sep-2025 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 submitted in XBRL with discrepancies. The response of the Company is enclosed.
ARKADE · price
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NSE sought clarification from Arkade Developers regarding a discrepancy in their financial results filings. The XBRL version showed Rs.27.51 lakh higher Other Income for the half-year and Rs.4.54 lower for the quarter compared to the PDF version. The company explained this occurred because Share of Profit/Loss from Associates was included under Other Income in XBRL but shown separately in the PDF. According to the company, this classification was necessary to ensure the cash flow statement matches correctly, as XBRL takes P&L before exceptional items for cash flow calculations.
This is a routine compliance clarification regarding an accounting classification difference in XBRL filings, not a material financial restatement. The discrepancy appears minor and explained, with no indication of financial misconduct or material impact on investor understanding.