Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company, in their meeting ....
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Darjeeling Ropeway Company Limited's board, meeting on 23rd July 2025, approved unaudited results for Q1 FY26 (quarter ended 30 June 2025). The company reported zero revenue from operations during the quarter, compared to Rs 91.01 lakhs in the same quarter last year. Total expenses stood at Rs 17.58 lakhs (vs Rs 49.35 lakhs previously), resulting in a net loss of Rs 17.36 lakhs versus a profit of Rs 30.75 lakhs in Q1 FY25. Loss per share was Rs 0.57 versus earnings of Rs 1.01 a year ago. The auditor (K M Chauhan & Associates) issued a clean review report with no qualifications, and there were no pending investor complaints.
The complete absence of revenue and a swing from profit to loss are significant red flags for shareholders, suggesting weak trading activity in agricultural products. This could weigh on the stock price and raise questions about the company's business continuity.