With reference to the announcement dated 30th May, 2026 regarding declaration of the financial results for the half year and year ended 31st March, 2026, we wish to inform you that in the ....
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Leo Dryfruits & Spices Trading Ltd has filed a corrigendum correcting a clerical error in its financial results filed on 30th May 2026. The figures for the half year ended 31st March 2025 were incorrectly shown as full year figures. The company states this correction has no impact on profitability, assets, liabilities, cash flows, or any financial information for FY2026. For the year ended March 2026, standalone revenue from operations doubled to Rs 17,424.10 lakh from Rs 8,731.11 lakh in the prior year. Profit after tax grew 29.1% to Rs 1,053.87 lakh, with EPS of Rs 5.89 versus Rs 4.56. The auditors gave an unqualified opinion. Two subsidiaries exist - Leo Catering Services Private Limited and Vandu Food Processing Private Limited (incorporated Feb 2026).
The clerical correction itself has no direct impact on shareholders. However, the company shows strong top-line growth (nearly 100%) and healthy PAT growth (29%), though operating cash flow turned negative (-Rs 641.48 lakh) due to rising working capital, particularly inventories (up 71% to Rs 5,710 lakh) and increased short-term borrowings (up 85% to Rs 3,365 lakh).