Tree House Education & Accessories Limited has informed the Exchange regarding 'Rectification of Profit & Loss for 31.03.2025'.
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Tree House Education & Accessories Limited has informed the stock exchanges about a correction in its Profit & Loss account originally submitted on 09th May 2025 for the quarter and year ended 31st March 2025. The company states there was an inadvertent arithmetical error in the standalone and consolidated P&L figures. The revised year-end standalone Net Loss after Tax stands at ₹1,537 (loss) and consolidated Net Loss at ₹1,719 (loss), with EPS revised to ₹(3.63) standalone and ₹(4.06) consolidated. The company clarifies that the corrections have no impact on the audited financial statements signed by the statutory auditor, and all other figures and disclosures remain unchanged.
The restatement is described as purely a mathematical correction with no impact on audited financials, so the underlying business position is unchanged. However, the company continues to report significant losses, which remains a concern for shareholders regardless of the correction.