Corrigendum of the minor error in the EPS of the Audited Standalone & Consolidated Financial Results for the F.Y. 2025-26.
Awaiting price reaction for this filing.
The company has issued a corrigendum to fix an inadvertent error in the Earnings Per Share (EPS) figure in both standalone and consolidated audited results for Q4 and full year FY 2025-26, originally filed on May 28, 2026. On a standalone basis, the company reported a net loss of Rs 119.73 lakhs in FY25-26 versus a profit of Rs 13.61 lakhs in FY24-25, with revenue falling to Rs 46.77 lakhs from Rs 136.71 lakhs and corrected EPS of Rs (1.18). On a consolidated basis, after acquiring three subsidiaries (Health Secure Hospitals, Arvaya Health & Wellness, and Tec-Pool Solutions) on March 4, 2026 for a combined Rs 60.65 crore, total income surged to Rs 1,051.28 lakhs with a net profit of Rs 90.38 lakhs and EPS of Rs 0.69. The company also changed its name from Bijoy Hans Limited to Arvaya Healthcare Limited effective May 11, 2026.
The EPS correction itself is minor, but the underlying results reveal a sharp deterioration on a standalone basis even as the consolidated picture improves dramatically following large healthcare acquisitions. Shareholders should note the steep equity dilution from share-swap acquisitions and the pending finalisation of goodwill valuation, which could lead to future restatements.