Corrigendum to Unaudited Financial Results along with Limited Review Report
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Awaiting price reaction for this filing.
Super Iron Foundry has filed a corrigendum to its H1 FY26 (ended September 30, 2025) unaudited financial results after spotting an error where a Balance Sheet figure was placed under the wrong head. The original results were filed on November 14, 2025. Underlying numbers show revenue from operations nearly tripling year-on-year to Rs 7,818 lakhs (standalone) from Rs 2,658 lakhs, but profit after tax fell sharply to Rs 51.5 lakhs from Rs 703.1 lakhs, with EPS dropping to Rs 0.22 from Rs 4.20. Standalone operating cashflow turned negative at Rs -1,068 lakhs versus a positive Rs 571 lakhs in FY25. The limited review report from Baid Agarwal Singhi & Co. is clean with no qualifications. IPO proceeds of Rs 6,805 lakhs remain fully on track with the stated utilisation plan.
The corrigendum itself is a minor Balance Sheet reclassification and unlikely to move the stock. However, shareholders should note the steep compression in profitability and negative operating cashflow despite strong revenue growth, suggesting rising input costs or margin pressure are eating into the topline gains.