The Exchange had sought clarification from UFO Moviez India Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results submitted in XBRL with discrepancies The response of the Company is enclosed.
UFO · price
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UFO Moviez responded to NSE's clarification query regarding discrepancies in XBRL-filed financial results for the quarter and year ended March 31, 2025. The mismatch was between Total Income shown in the Profit & Loss statement and the PDF version. The company explained it presents Finance Income separately on the face of the P&L (not grouped under Other Income), which they say gives a clearer picture of financial performance. However, the XBRL filing format's predefined taxonomy forces Finance Income to be grouped under 'Other Income,' causing the apparent discrepancy. The company confirmed that the underlying numbers are consistent and accurate across both formats. Similar queries had been raised previously in August 2024 and December 2024, to which responses were already given.
This is a procedural/format-related clarification rather than a financial or governance issue — no impact on business fundamentals or shareholder value. Investors can take comfort that the company asserts the actual numbers are accurate despite the presentation difference between formats.