Outcomes of Board Meeting held today i.e August 02nd, 2025
DAMODARIND · price
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The Board of Damodar Industries approved the unaudited financial results for the quarter ended June 30, 2025 (Q1 FY26). Total income from operations stood at approximately Rs. 10,633 lacs, down about 13.7% from Rs. 12,326 lacs in the same quarter last year (Q1 FY25). The company swung to a net profit of Rs. 232 lacs compared to a loss of Rs. 144 lacs in Q1 FY25, helped by a small exceptional gain of Rs. 157 lacs versus a large exceptional loss of Rs. 521 lacs in the year-ago quarter. EPS came in at Rs. 1.00 versus Rs. (1.38) previously. The statutory auditor, Devpura Navlakha & Co., issued an unqualified limited review report with no qualifications.
Mixed signals for shareholders: revenue continues to shrink year-on-year, but bottom-line profitability has recovered sharply from last year's loss, largely because prior year results were weighed down by an exceptional charge. Watch whether the topline decline stabilises in coming quarters.