Corrigendum to Financial Results of SWELECT Energy Systems Limited publishedon 22.05.2026 in the newspapers
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Swelect Energy Systems Limited issued a corrigendum to its financial results published on 22 May 2026. The Earnings Per Share (EPS) figures were incorrectly reported in newspaper publications. The corrected EPS for Q4 FY26 is Rs. 6.73 (Basic) and Rs. 6.72 (Diluted), versus the incorrectly reported Rs. 7.31 for both. For the full year FY26, corrected Basic EPS is Rs. 36.40 (previously reported as Rs. 37.99), and Diluted EPS is Rs. 36.36. The FY25 EPS was also corrected (Basic from Rs. 9.22 to Rs. 8.31; Diluted from Rs. 9.22 to Rs. 8.31). The company states there is no change in any other published information, and the correction was published in the same newspapers on 23 May 2026.
This is a significant EPS restatement due to a reporting error, though the underlying financial numbers appear unchanged. Investors should note the corrected figures for accurate valuation calculations.