JSW Dulux Limited has issued a clarification regarding an inadvertent interchange of account heads in its FY 2024-25 comparable figures within the Q4/Year ended 31 March 2026 financial statements. The company confirms that this technical reporting error does not affect the ‘Total non-current liabilities’ or ‘Total current liabilities’, nor does it impact the audit opinion previously issued on 13 May 2026.
Nature of the Reporting Adjustment
Following a review of the financial disclosures submitted on 13 May 2026, JSW Dulux Limited identified a minor discrepancy in the presentation of previous year comparative data. Specifically, certain account heads within the Statement of Assets and Liabilities for FY 2024-25 were inadvertently interchanged. This correction ensures that the presentation of line items, such as deferred tax liabilities and various provision heads, is consistent with the audited records.
Impact and Audit Confirmation
The company, in coordination with its statutory auditors, Price Waterhouse Chartered Accountants LLP, has clarified that the adjustments are limited to the categorization of specific account heads. The audit firm has formally confirmed that these changes have no impact on the audit opinion dated 13 May 2026 regarding the standalone and consolidated financial results for the year ended 31 March 2026.
Consistency in Financial Totals
It is important to note that the total values for ‘Total non-current liabilities’ and ‘Total current liabilities’ remain entirely accurate and unchanged. Stakeholders are advised that this update is intended solely to enhance the transparency and precision of the reported financial data, ensuring full alignment with the company’s previously audited statements.
Source: BSE
