ITI Limited Issues Corrigendum on Audited Financial Results for Quarter and Year Ended March 31, 2026
ITI Limited today issued a corrigendum regarding its Statement of Audited Financial Results for the Quarter and Year ended March 31, 2026. The notice addresses clerical and typographical errors identified in the Statement of Consolidated and Standalone Quarterly audited Financial Results for the Fourth Quarter (Q4) of the year ended March 31, 2026.The Company stated that these errors arose during the derivation of balancing figures between the full financial year audited figures and the published year-to-date unaudited figures up to the third quarter and nine months ended for the period up to December 31, 2025, concerning certain expenses.
The management confirmed that, with the exception of these specified corrections, all other financial information, disclosures, and figures contained in the Statement of Audited Financial Results for the quarter and year ended March 31, 2026, remain unchanged. Furthermore, the Company confirmed that due to the above changes, there is no change or impact on the Consolidated and Standalone profit for the Financial Year ended March 31, 2026.
Financial Corrections Summary
The corrigendum detailed specific necessary substitutions across key financial statements. Below is a summary of the material changes noted in the Statement of Consolidated Audited Financial Results (Annexure-I) and Standalone Audited Financial Results (Annexure-II) for the Fourth Quarter (Q4).Changes in Consolidated Audited Financial Results (Q4):
| Particulars | Reported Figures (Q4) (Rs in Lakhs) | Substituted Figures (Q4) (Rs in Lakhs) |
|---|---|---|
| Purchase of stock-in-trade | 129,293 | 43,318 |
| Changes in inventories | (85,803) | (817) |
| Employee benefits expense | 13,612 | 2,991 |
| Finance costs | 8,082 | 4,543 |
| Depreciation and amortisation expense | (9,504) | 1,775 |
| Other expenses | 11,634 | 9,449 |
| Total Expenses | 72,457 | 66,402 |
| Profit/(Loss) before exceptional, etc. | (8,368) | (2,313) |
| Profit/(Loss) for the period | 37,514 | 43,610 |
| Total comprehensive Income for the period | 37,514 | 42,761 |
| Basic EPS (Q4) | 3.90 | 4.53 |
| Basic EPS (Year ended) | 3.90 | 4.53 |
Changes in Standalone Audited Financial Results (Q4):
| Particulars | Reported Figures (Q4) (Rs in Lakhs) | Substituted Figures (Q4) (Rs in Lakhs) |
|---|---|---|
| Purchase of stock-in-trade | 129,293 | 43,318 |
| Changes in inventories | (85,803) | (817) |
| Employee benefits expense | 13,612 | 2,991 |
| Finance costs | 8,082 | 4,543 |
| Depreciation and amortisation expense | (9,504) | 1,775 |
| Other expenses | 11,634 | 9,449 |
| Total Expenses | 72,457 | 66,402 |
| Profit/(Loss) before exceptional, etc. | (8,368) | (2,313) |
| Profit/(Loss) for the period | 37,536 | 43,592 |
| Total comprehensive Income for the period | 37,536 | 42,743 |
| Basic EPS (Q4) | 3.90 | 4.53 |
| Basic EPS (Year ended) | 3.90 | 4.53 |
Annual Financial Highlights (Year Ended March 31, 2026)
The revised financial figures for the year ending March 31, 2026, are detailed in the Statement of Consolidated Audited Financial Results.Consolidated Financial Results (Rs in Lakhs):
| Particulars | Quarter Ended 31-03-2026 (Audited) | Year Ended 31-03-2026 (Audited) |
|---|---|---|
| Revenue from Operations | 62,765 | 2,18,372 |
| Other Income | 1,324 | 5,340 |
| Total Income | 64,089 | 2,23,712 |
| Total Expenses | 66,402 | 2,39,348 |
| Profit/ (Loss) before exceptional items and tax | 43,591 | 29,279 |
| Total comprehensive Income for the period | 42,761 | 28,434 |
| Basic EPS (Year ended) | N/A | 3.04 |
Standalone Financial Results (Rs in Lakhs):
| Particulars | Quarter Ended 31-03-2026 (Audited) | Year Ended 31-03-2026 (Audited) |
|---|---|---|
| Revenue from Operations | 62,765 | 2,18,372 |
| Other Income | 1,324 | 5,340 |
| Total Income | 64,089 | 2,23,712 |
| Total Expenses | 66,402 | 2,39,346 |
| Profit/ (Loss) before exceptional items and tax | 43,591 | 29,279 |
| Total comprehensive Income for the period | 42,742 | 28,430 |
| Basic EPS (Year ended) | N/A | 3.04 |
Balance Sheet Summary (As on March 31, 2026 vs. March 31, 2025)
The Consolidated Statement of Assets and Liabilities shows the following key changes:Consolidated Assets and Liabilities (Rs in Lakhs):
| Particulars | As at 31/03/2026 | As at 31/03/2025 |
|---|---|---|
| Property, Plant & Equipment | 2,11,889 | 2,45,648 |
| Investment Property | 25,104 | 25,333 |
| Other non current assets | 3,041 | 4,691 |
| Inventories | 20,571 | 23,139 |
| Trade receivables | 2,90,568 | 3,99,537 |
| Cash and cash equivalents | 2,440 | 14,877 |
| Total Current Assets | 2,30,680 | 1,93,116 |
| TOTAL ASSETS | 9,34,653 | 10,42,230 |
| Equity Share Capital | 96,285 | 96,089 |
| Other Equity | 94,278 | 66,369 |
| TOTAL EQUITY AND LIABILITIES | 9,34,653 | 10,42,230 |
ITI Stock Price Movement
On Tuesday, ITI Limited shares edged higher, closing at ₹296.6 after marking a gain of 0.86%. The stock settled at the close amid solid activity, with 375,933 shares exchanged during the trading session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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