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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