NSEReply to Clarification- Financial results1 Jul 2026 · 1 Jul 2026, 12:33 pm
Reply to Clarification- Financial results
Finolex Industries Limited · FINPIPE
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Finolex Industries Limited clarifies that the discrepancy in Consolidated Earnings Per Share (EPS) figures between the PDF and XBRL filings was due to a clerical error, and the EPS figures in the PDF version are accurate and correctly represent the EPS from continuing operations.
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Full Announcement
The Exchange had sought clarification from Finolex Industries Limited for the quarter ended 31-Mar-2026 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: The response of the Company is enclosed.
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June 30, 2026
The Manager – Listing Department
National Stock Exchange of India Limited
5, Exchange Plaza
Bandra-Kurla Complex
Bandra (East),
Mumbai 400051
Symbol: FINPIPE
Ref.: E-mail dated June 25, 2026
Subject: Clarification for Financial results - FINPIPE
Dear Sir/Madam,
This is with reference to your email dated June 25, 2026, regarding the Outcome of the Board Meeting –
Financial Results submitted to the Exchange on May 26, 2026, concerning the discrepancy in the
Consolidated Earnings Per Share (EPS) figures between the PDF and XBRL filings, wherein the Diluted
EPS was not disclosed in the XBRL submission.
In this regard, we wish to clarify that the EPS figures in the Consolidated XBRL utility were inadvertently
entered under the field “Earnings per equity share for discontinued operations” instead of “Earnings per
equity share for continuing operations.” The EPS figures disclosed in the Consolidated Financial Results
(PDF version) submitted for the quarter and year ended March 31, 2026, are correct and accurate.
This error was purely clerical/typographical in nature and does not in any manner affect the financial results
approved by the Board of Directors.
We further confirm that the EPS figures disclosed in the PDF version of the financial results, which form
part of the duly approved financial statements submitted to the Exchange, are accurate and correctly
represent the EPS from continuing operations.
We regret the inadvertent error and assure you that due care will be taken to avoid such occurrences in the
future.
You are requested to take the above on your records.
Thanking you,
For Finolex Industries Limited
Dakshinamurthy Iyer
Company Secretary & Head Legal
M. No. A13004