Super Iron Foundry Corrects Balance Sheet Error in Half-Year Results, Reports Revenue Surge Amid Profit Decline
Super Iron Foundry Ltd. (SIF) submitted a corrigendum to fix an error in its unaudited financial results for the half year ended September 30, 2025. The company's revenue increased by 194.10% to ₹7,818.03 lakhs, but net profit declined by 92.70% to ₹51.50 lakhs compared to the same period last year. Consolidated results showed similar trends. The balance sheet total stands at ₹30,060.99 lakhs. SIF assured that measures would be taken to prevent such errors in the future.

*this image is generated using AI for illustrative purposes only.
Super Iron Foundry Ltd. (SIF) has submitted a corrigendum to rectify an inadvertent error in its unaudited financial results for the half year ended September 30, 2025. The company discovered that a figure was incorrectly placed in the Balance Sheet after the results were uploaded on the Bombay Stock Exchange platform.
Financial Performance Highlights
SIF's financial performance for the half year ended September 30, 2025, shows a mixed picture:
| Metric | H1 2025 | H1 2024 | Year-on-Year Change |
|---|---|---|---|
| Revenue | 7,818.03 | 2,658.42 | 194.10 |
| Net Profit | 51.50 | 703.14 | -92.70 |
Note: All figures in ₹ lakhs
The company experienced a significant revenue increase of 194.10% compared to the same period last year. However, net profit saw a substantial decline of 92.70%.
Corrigendum Details
The company stated in its filing:
"The Company had filed its Unaudited Financial Results (Standalone & Consolidated), along with the Limited Review Report, on November 14, 2025. Subsequently, after the said results were uploaded on the Bombay Stock Exchange platform the Company noticed an inadvertent error as a figure was not shown in its correct head in the Balance Sheet."
Super Iron Foundry has assured that due care will be taken to avoid such occurrences in the future.
Consolidated Results
The consolidated financial results also reflect a similar trend:
| Metric | H1 2025 | H1 2024 | Year-on-Year Change |
|---|---|---|---|
| Revenue | 7,606.00 | 2,658.42 | 186.10 |
| Net Profit | 35.61 | 703.14 | -94.90 |
Note: All figures in ₹ lakhs
Balance Sheet Highlights
As of September 30, 2025, the company's balance sheet shows:
| Particular | Amount |
|---|---|
| Total Equity and Liabilities | 30,060.99 |
| Total Assets | 30,060.99 |
Note: All figures in ₹ lakhs
Investor Considerations
While the substantial revenue growth is a positive sign, the significant drop in profitability raises questions about the company's cost management and operational efficiency. Investors should carefully analyze the full financial report, including the corrected balance sheet, to understand the factors behind this divergence in revenue and profit trends.
The company's proactive approach in identifying and rectifying the error in its financial reporting demonstrates a commitment to transparency. However, it also highlights the need for more robust internal controls in financial reporting processes.
As Super Iron Foundry continues to navigate its growth phase, evidenced by the revenue surge, it will be crucial for the company to focus on translating this top-line growth into improved bottom-line results in the coming quarters.
Historical Stock Returns for Super Iron Foundry
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.99% | +5.32% | -22.92% | +8.38% | -63.94% | -63.94% |




























