PAPadmanabh Alloys & Polymers531779Financial restatement

Revised results shared to correct deferred tax typing error in Q2 and H1 numbers

Board approved the un-audited results for the quarter and six months ended 30/09/2026 on 26/10/2026 and shared them the same day.

By ScoutQuest · Tue 27 Oct 2026, 7:01 PM IST · 2 min read

Results period ended

30/09/2026

Board approval and original update date

26/10/2026

Revised results shared

27/10/2026

What was shared

• The Board of Directors approved the un-audited financial results for the quarter and six months ended September 30, 2026 at its meeting on October 26, 2026, and the results were submitted to the stock exchange the same day.
• On October 27, 2026 the company sent a revised set of those results together with the Statement of Assets and Liabilities.
• The Board meeting ran from 07:00 P.M. to 09:00 P.M. on 26/10/2026.

What the correction covers

In its letter, the company says the amount of deferred tax in the results was typed incorrectly. Because of that, the following lines in the revised results differ from the earlier submission:

• Profit / (Loss) for the period, shown under Note 7 of the results.
• Other Comprehensive Income, shown under Note 8.
• Earning Per Share, shown under Note 10.
• Other Equity, at Point 1(b) of the Statement of Assets and Liabilities.
• Deferred tax liability (net), at Point 2(c) of the Statement of Assets and Liabilities.

The company states that apart from these changes there are no other changes in the un-audited financial results, and that the Auditor's Limited Review Report and the Cash Flow Statement for the period were not uploaded again.

Why a deferred tax figure can move profit

• Deferred tax is an accounting entry for tax that is recognised in the books now but is expected to be paid, or recovered, in a later period. It sits below the operating lines, so a change in it does not alter revenue or expenses but does change the profit reported for the period.
• Because profit changes, the Earning Per Share also changes, since EPS is calculated on that profit.
• The same correction also touches Other Equity on the liabilities side of the balance sheet and the net deferred tax liability, which is why both of those lines are stated to be updated.

What an investor should take away

• The revised set is the one to use when reading the quarter and half-year numbers; the earlier version stands superseded on the lines listed above.
• The company has attributed the change to a typing error and has expressed regret for the error and the inconvenience caused.
• The update describes the correction as confined to these accounting lines, with no other change in the results.

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