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Tunwal E-Motors LimitedResults, 16-07-2025: Reply to Clarification- Financial results

16-07-2025 | 12:26 pm

Tunwal E-Motors has issued clarifications regarding past financial filings. The company explained that prior consolidated financial results lacked comparative figures for March 2024 because their subsidiary was acquired in August 2024, meaning no subsidiary existed for comparison in the earlier period.

Furthermore, Tunwal E-Motors acknowledged an administrative error in a previous XBRL submission where 'Audited Results' was incorrectly marked instead of 'Unaudited Results', despite the PDF documentation correctly showing the financial results for the quarter and half-year were unaudited. To rectify this, the company will resubmit the XBRL for the financial statements. They will also include a specific note within the Consolidated Financial Statements to clarify the August 2024 acquisition date of the subsidiary. This ensures transparency and accuracy in their financial reporting for investors.

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