Corrigendum to Financial Results of SWELECT Energy Systems Limited published on 22.05.2026 in the newspapers
SWELECTES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Swelect Energy Systems has issued a corrigendum to its financial results published on May 22, 2026, correcting the Earnings Per Share (EPS) figures that were incorrectly reported in newspaper publications. The corrected EPS figures are lower than originally stated. For Q4 FY26, basic EPS was revised down from Rs 7.31 to Rs 6.73, and diluted EPS from Rs 7.31 to Rs 6.72. For full year FY26, basic EPS was corrected to Rs 36.40 from Rs 37.99, and diluted EPS to Rs 36.36 from Rs 37.99. The company states there is no change in any other published information, indicating this was an isolated clerical error in the newspaper publications rather than a fundamental restatement of financials.
The EPS correction is minor and does not appear to reflect any material change in the company's financial performance. However, the error raises concerns about internal controls over financial reporting accuracy. Investors should rely on official exchange filings rather than newspaper publications for accurate financial data.