BSEDuke Offshore LtdHighNeutral
Announced Fri, 6 Nov, 2026 · 12:39 IST
Arun Lodha appointed CFO as Duke Offshore reports continued losses
Price reaction
Awaiting price reaction for this filing.
AI summary
The board approved Duke Offshore's unaudited results for the quarter and half-year ended 30 September 2026 and appointed Arun Lodha as CFO from 6 November. Lodha is a semi-qualified chartered accountant with 24 years of finance experience. Revenue was Rs 5.07 crore for the quarter and Rs 5.96 crore for the half-year, with losses after tax of Rs 0.79 lakh and Rs 28.06 lakh. The notes record a July control change and four director resignations.
Likely market impact
Lodha's finance experience may improve controls after the ownership change. Losses and lower half-year revenue may weigh on sentiment.