Diamines & Chemicals Limited has informed the Exchange regarding Board meeting held on August 12, 2025.
DIAMINESQ · price
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Diamines & Chemicals Limited announced that its Board, on August 12, 2025, approved the standalone and consolidated unaudited financial results for the quarter ended June 30, 2025. Standalone revenue from operations fell sharply to ₹1,222.95 lakhs from ₹1,683.40 lakhs in Q1 FY25, a drop of about 27%. The company slipped deeper into loss with a standalone PAT of ₹(238.98) lakhs versus ₹(119.12) lakhs in the year-ago quarter, while consolidated PAT also widened to ₹(281.48) lakhs. The Trading in Fruits and Vegetables segment reported a loss of ₹(358.06) lakhs with no revenue this quarter. On the positive side, the company reversed an impairment provision of ₹84 lakhs linked to a newly commissioned plant, and the statutory auditor (K C Mehta & Co LLP) issued a clean limited review report with no qualifications.
Shareholders should note a significant year-on-year revenue decline and a doubling of quarterly losses, both in standalone and consolidated numbers, which could weigh negatively on the stock. However, the clean auditor report and impairment reversal tied to a new plant offer some reassurance on asset quality and going-concern status.