Cyber Media Research & Services Limited — Important, 28-11-2024: Updates

Cyber Media Research & Services Limited has rectified its financial results for the quarter and half-year ended September 30, 2024, due to typo errors in its Consolidated Balance Sheet. The company reported Total Assets of ₹4,105.80 crore and Total Liabilities of ₹2,752.65 crore as of March 31, 2024. The correction was made to the Trade Payables, which were incorrectly reported as ₹150.35 crore instead of the accurate figure of ₹1,503.50 crore. The revised results aim to ensure accurate and transparent financial reporting moving forward.

In a separate update, the company's Board has approved the unaudited financial results for the same period, along with the Limited Review Report from the statutory auditor. These developments underline the company’s commitment to maintaining rigorous financial standards and could positively influence its credibility among investors. Shareholders should watch closely for further updates or any strategic adjustments following these changes.