This is to inform you that the Board of Directors at its meeting held today, i.e on 12th August 2025, inter alia, approved un-audited financial results of the Company for the quarter ended ....
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Devinsu Trading Ltd's Board of Directors, at its meeting on 12th August 2025, approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). The company reported zero revenue from operations and total income of Rs. 34.29 lakhs, entirely from other income. Net profit stood at Rs. 23.52 lakhs with EPS of Rs. 4.70. Compared to the same quarter last year (Q1 FY25), total income fell sharply from Rs. 107.65 lakhs to Rs. 34.29 lakhs (about 68% decline), and net profit dropped from Rs. 65.03 lakhs to Rs. 23.52 lakhs. The statutory auditor SVP & Associates issued an unmodified limited review report.
Sharp year-on-year decline in income and profits signals weaker earnings momentum, though the small base and lack of core operations make the stock more of a shell/trading entity. Shareholders should note the absence of any operating revenue and the heavy dependence on other income.