DIC India Limited has informed the Exchange regarding Appointment of Mr. Navapol Chuensiri as Non- Executive Non Independent Director of the company w.e.f. August 13, 2025.
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DIC India Limited's board, at its meeting on August 13, 2025, approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at Rs. 22,648 lakhs, up from Rs. 21,021 lakhs in the previous quarter but down from Rs. 24,270 lakhs in Q1 FY25. Profit for the quarter rose to Rs. 436 lakhs (EPS Rs. 4.75) versus Rs. 259 lakhs in the preceding quarter. The board also appointed Mr. Navapol Chuensiri, Deputy Regional Managing Director of parent DIC Asia Pacific Pte Ltd, as a Non-Executive Non-Independent Director, subject to shareholder approval via postal ballot with cut-off date September 5, 2025. The auditor Price Waterhouse Chartered Accountants LLP issued an unmodified review opinion on the results.
Quarterly profit improved sequentially on the back of stable revenue and controlled costs, but half-yearly profit declined compared to H1 FY25, indicating margin pressure. The appointment of a senior parent-group executive signals continued strategic involvement from the Asia Pacific parent in DIC India's operations.