We hereby submit the revised financial results of the company for the quarter/year ended 31.03.2026, as an inadvertent error was noticed in the reporting figure of the tax item filed with ....
KOVAI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kovai Medical Center & Hospital Ltd has filed a corrigendum to its Q4 FY2026 results after discovering an inadvertent error in the tax expense figures. The error occurred because the quarterly tax amount did not match the cumulative nine-month figure. Current tax was overstated by Rs 366.73 lakhs (reported Rs 2,255.63 lakhs, corrected to Rs 1,888.90 lakhs), reducing total tax expense from Rs 2,459.20 lakhs to Rs 2,092.48 lakhs. The full-year figures remain correct. For FY2026, the company reported revenue from operations of Rs 15,841.52 million (up 15.6% YoY) and PAT of Rs 2,444.60 million (up 17% YoY). The auditors issued an unmodified opinion.
The restatement is minor and procedural in nature - it corrects only the Q4 quarterly tax figure while confirming full-year results are accurate. The overstatement of tax expense means Q4 profit was slightly understated originally, but the impact on annual numbers is zero. This filing should have minimal impact on the stock as the error was technical and annual results remain unchanged.