PLease find attached Clarification of Financials for Quarter December 2025
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Awaiting price reaction for this filing.
Riddhi Corporate Services replied to a BSE observation that its Limited Review Report (LRR) for Q3 FY26 (Oct-Dec 2025) had not been submitted. The company clarified that the LRR was actually filed on time, but the auditor mistakenly typed 'Sumera Industries Limited' instead of 'Riddhi Corporate Services Limited' in the document. A corrected LRR has since been filed, and the company says this was a pure clerical error that does not affect the financials or audit opinion. The attached results show Q3 FY26 revenue from operations of Rs 13,526.43 lakhs (more than double Rs 5,968.39 lakhs in Q3 FY25), but profit after tax fell sharply to Rs 285.97 lakhs from Rs 806.18 lakhs, with EPS at Rs 2.39 vs Rs 6.79. Employee benefit expense at Rs 9,051.48 lakhs is unusually heavy. The auditor issued an unmodified review report.
This is an administrative correction rather than a business development — investors should not read it as new negative news. However, the sharp jump in revenue alongside a steep drop in profit and unusually high employee costs in Q3 FY26 may warrant closer look at the quality of earnings.