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Raymond LimitedResults, 17-07-2025: Reply to Clarification- Financial results

17-07-2025 | 01:09 pm

Raymond Ltd. has clarified inaccuracies found in its previously submitted financial results. The company's standalone XBRL filing contained discrepancies impacting crucial financial metrics: Total Expenses, Profit Before Tax (PBT), and Earnings Per Share (EPS).

The errors originated from a misclassification, where profit or loss from discontinued operations before tax was incorrectly categorized under 'other expenses'. Additionally, the reported EPS figure was presented in a rounded format, lacking decimal precision.

Raymond has promptly addressed these reporting issues. The company confirms it has rectified the incorrect figures and has submitted a revised, accurate XBRL file to the exchanges. This rectification ensures stakeholders receive precise financial data, vital for informed investment decisions.

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