Corrigendum to the Statement of Audited Financial Results of the Company for the quarter and year ended 31st March,2026 - Regulations 30 and 33 of the Securities and Exchange Board of India ....
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ITI Ltd has issued a corrigendum to correct clerical/typographical errors in the Q4 (standalone and consolidated) audited financial results originally filed on May 29, 2026. The errors occurred in deriving Q4 balancing figures between full-year audited and 9-month unaudited results, affecting certain expense line items and Q4 profit. The corrected Q4 consolidated profit after tax rose to Rs 43,591 lakhs (from Rs 37,536 lakhs), with EPS revised to Rs 4.53 (from Rs 3.90). Full-year profit after tax remains unchanged at Rs 29,283 lakhs (consolidated) and Rs 29,279 lakhs (standalone), with full-year EPS of Rs 3.04. The company also corrected a note error showing public shareholding as 90.98% instead of the actual 9.98%, and a date error (March 18, 2025 corrected to March 18, 2026) related to land sale approvals.
The corrigendum does not change the full-year profit, so the fundamental earnings picture stays the same. However, the revision highlights a sharp revenue decline (Rs 2,18,372 lakhs in FY26 vs Rs 3,61,642 lakhs in FY25) with profitability driven almost entirely by a one-time Rs 83,219 lakh land sale gain. Investors should note recurring losses in core operations, weak public float (9.98%), and reliance on government revival support.