Announced Fri, 3 Jul · 15:17 IST

Clarification on Segment Reporting - FY26 Audited Results

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AI summary

NSE sought clarification on missing segment details in FY26 audited results. The company clarified it operates in a single segment (Iron and Steel), so separate segment reporting under Ind AS 108 is not applicable. FY26 standalone revenue rose to Rs 62,282.91 lakhs from Rs 56,079.17 lakhs. Standalone net profit grew to Rs 1,350.90 lakhs from Rs 1,138.80 lakhs. Consolidated net profit stood at Rs 1,351.90 lakhs. Auditor issued an unmodified opinion.

Likely market impact

Routine exchange clarification. FY26 results filed with a clean (unmodified) audit opinion. No material impact on shareholders.