We hereby submit this corrigendum letter to inform you that while submitting the Financial Results of the Company for the quarter ended 31.03.2026, an inadvertent error was noticed in the ....
KOVAI · price
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Kovai Medical Center & Hospital Ltd has filed a corrigendum to correct an inadvertent arithmetical error in the tax expense reported for Q4 FY2025-26. The error occurred due to a mismatch between the tax amount for the full financial year and the cumulative amount reported for the nine months ended 31 December 2025. The current tax was overstated by Rs. 366.73 lakhs (corrected from Rs. 2,255.63 lakhs to Rs. 1,888.90 lakhs), reducing total tax expense from Rs. 2,459.20 lakhs to Rs. 2,092.48 lakhs. This correction increased the profit after tax for the quarter. The company assures that full-year figures already published are correct and unchanged. The error has been corrected in the revised statement of quarterly and annual results.
This correction is procedural in nature and reflects an accounting reconciliation adjustment rather than a fundamental business issue. Profit for Q4 FY26 effectively increased by Rs. 366.73 lakhs due to the tax expense correction, which is positive for shareholders though the impact on full-year earnings is neutral.