Rectification of Typographical Errors in the Audited Financial Results of the company for the half year and year ended on 31.03.2026
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Recode Studios Ltd has resubmitted its audited financial results for the half year and year ended 31 March 2026, correcting typographical errors in figures first filed on 30 May 2026. The corrections re-allocated profit between the two halves of FY26: H2 FY26 (Oct-Mar) profit after tax was raised from Rs 567.39L to Rs 734.32L and EPS lifted from Rs 6.97 to Rs 9.02, while H1 FY26 (Apr-Sep) PAT was lowered from Rs 512.34L to Rs 388.16L and EPS cut from Rs 6.29 to Rs 4.77. The full-year FY26 PAT barely moves - from Rs 1,121.12L to Rs 1,122.48L. Underlying performance remains strong: FY26 revenue grew about 67% to Rs 7,995L (from Rs 4,780L) and PAT nearly tripled to Rs 1,122L from Rs 311L. Auditor RMSG & Associates issued an unqualified (clean) opinion on the results.
Limited impact for shareholders - the revisions are administrative and the full-year bottom line is essentially unchanged. Investors should note the multiple corrections, which may prompt mild questions on disclosure controls, but the restated H2 numbers do show better profitability than first reported.