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Generic Engineering Construction and Projects LimitedResults, 15-07-2025: Reply to Clarification- Financial results

15-07-2025 | 01:01 pm

GENCON clarifies queries regarding its financial results for the quarter and year ended March 31, 2025, following a board meeting on May 30, 2025.

The company explained that its standalone and consolidated financial results were identical because the subsidiary had no operational activities or financial transactions during the reporting period. Additionally, no consolidated comparative figures were provided for the previous year (March 31, 2024) as GENCON did not have any subsidiary at that time.

GENCON also confirmed that the results were submitted to the stock exchanges within three hours of the board meeting's conclusion. Finally, the company addressed an EPS discrepancy in its XBRL filing, stating it was a typographical error which has since been corrected with a revised submission. This communication provides investors with clear insights into the recent financial disclosures.

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