Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Dhruva Capital Services Ltd, an NBFC, approved the unaudited financial results for the quarter ended June 30, 2025. Total revenue from operations rose sharply to Rs. 79.18 lakh from Rs. 45.92 lakh in Q1 FY25, driven mainly by interest income (Rs. 79.18 lakh vs Rs. 45.78 lakh). However, total expenses ballooned to Rs. 78.17 lakh (vs just Rs. 5.00 lakh a year ago), wiping out most of the operating profit. The company made a fresh NPA provision of Rs. 55.57 lakh, turning net profit negative at Rs. -53.62 lakh compared to a profit of Rs. 31.56 lakh in Q1 FY25. Total comprehensive income was Rs. 183.32 lakh, boosted by an NPA recovery of Rs. 286.83 lakh shown under Other Comprehensive Income. The board also appointed M/s Vikash Chamaria & Company as Internal Auditor for FY 2025-26 and CS Niaz Ahmed as Secretarial Auditor for a five-year term, and did not propose any dividend.
Short-term negative — PAT slipped into a loss due to higher expenses and a fresh NPA provision, which may weigh on the stock despite strong top-line growth. Investors should watch for trends in NPA provisions and expense control in coming quarters.