DPSC Limited has informed the Exchange regarding Board meeting held on February 13, 2026. approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended 31st December, 2025.
DPSCLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
India Power Corporation (formerly DPSC Limited) reported its Q3 and 9-month results for FY26 ended December 31, 2025. On a standalone basis, the company swung to a 9-month loss of Rs. 234.22 crore from a profit of Rs. 11.18 crore last year, driven by a one-time exceptional loss of Rs. 245.31 crore from the slump sale of its non-regulated business to wholly-owned subsidiary IPCL Power Limited. Revenue from operations for Q3 FY26 grew about 11% YoY to Rs. 144.36 crore, and 9M revenue from operations rose to Rs. 490.20 crore. On a consolidated basis, 9M PAT improved to Rs. 8.61 crore from Rs. 6.90 crore. The auditor issued a qualified conclusion on both standalone and consolidated results, flagging pending uncertainties including an electricity duty liability of Rs. 183.62 crore, a Rs. 199.70 crore receivable from Power Trust (IBC case pending), a corporate guarantee invocation matter involving Meenakshi Energy under IBC, and Rs. 35.41 crore of loans under arbitration. The Board also approved a postal ballot to appoint Mr. Naveen Prakash as Independent Director for 5 years.
The standalone 9M loss is entirely explained by the exceptional slump-sale loss, so underlying operations remain stable. However, the qualified auditor opinion and multiple unresolved regulatory/legal exposures (electricity duty, IBC matters, doubtful receivables) remain overhangs that could result in further provisions or earnings volatility in coming quarters.