The Exchange had sought clarification from Beardsell Limited for the quarter ended 31-Mar-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 -2. The company has not submitted declaration in case of unmodified opinion(s) The response of the Company is enclosed.
BEARDSELL · price
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NSE had asked Beardsell to clarify discrepancies in its Q4 FY25 (quarter ended 31 March 2025) financial results filed under SEBI LODR Regulation 33. The company admitted to typographical errors in the EPS figures reported in both PDF and XBRL formats and has since filed corrected versions dated 3 June 2025. Standalone EPS was revised upwards from Rs. 0.36 to Rs. 0.46, while consolidated EPS was substantially reduced from Rs. 2.49 to Rs. 0.48 — a roughly 80% downward correction. On the second point, the company said the unmodified auditor opinion declaration was included in its covering letter and sought NSE guidance if a separate attachment format is mandatory, while pledging greater caution in future filings.
The sharp downward revision in consolidated EPS is a material correction and may dent short-term investor confidence, though the company attributes it to clerical errors rather than business performance. The matter is essentially a compliance/filing issue, but shareholders should note that consolidated earnings per share for Q4 FY25 were materially lower than originally reported.