The Board on recommendation of Nomination and Remuneration Committee considered and approved the appointment of Mr. Yogesh Sharma as Company Secretary & Compliance Office and his appointment ....
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Decillion Finance Ltd reported audited financial results for FY2026 with total revenue of Rs 104.8 lakhs (flat vs Rs 107.36 lakhs in FY2025). The company swung to a net loss of Rs 3.33 lakhs compared to a profit of Rs 6.60 lakhs in the previous year. Operating cash flow turned significantly negative at Rs -101.79 lakhs (vs positive Rs 48.05 lakhs). Borrowings increased substantially from Rs 84.58 lakhs to Rs 138.36 lakhs. Cash and cash equivalents dropped sharply from Rs 52.13 lakhs to Rs 0.26 lakhs. Key management changes include appointment of Ms. Sonia Ghosh as CFO (effective May 29, 2026) and Mr. Yogesh Sharma as Company Secretary (effective June 1, 2026) following Mrs. Shruti Poddar's resignation. Related party transactions for H2 FY2026 were approved. Statutory auditors issued an unmodified opinion on the financial results.
The company moved from profit to loss with severely negative operating cash flow, indicating liquidity stress. The sharp decline in cash reserves and increase in borrowings raises concerns about financial stability despite the clean audit opinion.