GSLSUBSEGLOBAL SURFACES LIMITEDMediumNeutral
Announced Tue, 11 Aug · 13:02 IST

Corrigendum to Q1 FY27 consolidated results - expense line items reclassified

GSLSU · price

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AI summary

Global Surfaces filed a corrigendum to its Q1 FY27 (quarter ended June 30, 2026) unaudited consolidated results, correcting a clerical error where Cost of materials consumed and Changes in inventories of finished goods figures were swapped. Cost of materials consumed corrected from Rs 410.97 million to Rs 224.31 million; inventory changes corrected from negative Rs 89.59 million to Rs 97.07 million. Total expenses remain unchanged at Rs 651.27 million. Company confirms no impact on revenue, profit, EPS or any other financial parameter.

Likely market impact

No financial impact - purely a reclassification between two expense line items. Totals, profit and EPS stay the same. Should not affect stock price or shareholder value.