Outcome of Board Meeting
Price
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Dhruva Capital Services Limited's board approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations rose sharply by about 72% year-on-year to ₹79.18 lakh, driven entirely by higher interest income (₹79.18 lakh vs ₹45.78 lakh). However, total expenses surged to ₹78.17 lakh from just ₹5 lakh a year ago, with employee costs, depreciation, and other expenses all jumping materially, compressing margins heavily. The company created a ₹55.57 lakh provision for non-performing assets (NPAs), turning the quarter into a ₹53.62 lakh net loss versus a ₹31.56 lakh profit last year, though an NPA recovery of ₹286.83 lakh booked in Other Comprehensive Income lifted total comprehensive income to ₹183.32 lakh. The board also appointed M/s. Vikash Chamaria & Company as internal auditor for FY 2025-26 and CS Niaz Ahmed as secretarial auditor for five years (FY 2025-26 to FY 2029-30), subject to shareholder approval. No dividend was proposed.
Mixed picture for shareholders — strong top-line growth is offset by sharply higher costs and NPA provisioning that pushed the bottom line into a loss, but a sizeable NPA recovery cushions overall comprehensive income. Investors should watch expense trends and asset quality closely in coming quarters.