The Exchange had sought clarification from Raymond Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results submitted in XBRL with discrepancies The response of the Company is enclosed.
RAYMOND · price
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Awaiting price reaction for this filing.
NSE flagged discrepancies in Raymond Limited's audited financial results filed in XBRL format for the quarter ended March 31, 2025. The issues were in the Standalone filing: Total Expenses, Profit Before Tax (PBT), and Earnings Per Share (EPS) figures were incorrect. The company clarified that profit/loss from discontinued operations was mistakenly placed under 'other expenses' instead of the correct line item, and EPS was shown in rounded figures without decimals. Raymond has now corrected the errors and filed a revised XBRL with the exchanges on July 7, 2025. The clarification suggests the underlying numbers remain the same, with only the classification and formatting corrected.
This appears to be a filing/classification correction rather than a change in actual financial performance, so the impact on shareholders is minimal. However, such XBRL discrepancies can raise short-term governance and compliance concerns among investors.