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.
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.