Announcement under regulation 30 - Integrated financial results.
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Darjeeling Ropeway Company Limited (BSE: 539770) filed its Q1 FY26 standalone results. Revenue from operations was Nil for the quarter compared to Rs 91.01 lakhs in the same quarter last year, a complete drop in trading income. Total expenses stood at Rs 17.58 lakhs (vs Rs 49.35 lakhs in Q1 FY25), mainly employee costs (Rs 0.33 lakh), depreciation (Rs 2.85 lakhs) and other expenses (Rs 14.39 lakhs). The company swung to a loss before tax of Rs 17.58 lakhs (vs profit of Rs 41.65 lakhs in Q1 FY25) and a loss after tax of Rs 17.36 lakhs (vs profit of Rs 30.75 lakhs). Loss per share stood at Rs 0.57 vs earnings of Rs 1.01 last year. The auditor (K M Chauhan & Associates) issued an unqualified review report with no modifications. The company operates a single segment — trading of agricultural products.
Negative for shareholders — the company reported zero revenue and returned to a loss after a profitable Q1 FY25, suggesting weak business activity. The clean auditor's review offers no relief, and the absence of any segment beyond agricultural trading signals limited near-term earnings visibility.