Dreamfolks Services Limited has submitted to the Exchange, Audited FinancialResults (Standalone and Consolidated) of the Company for the quarter and financial year ended March 31, 2026
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Dreamfolks Services Limited reported audited standalone and consolidated financial results for FY2026 ending March 31, 2026. Standalone revenue declined sharply to Rs 6,580.96 million from Rs 12,918.82 million in FY2025, nearly halving year-on-year. PAT fell to Rs 142.91 million from Rs 696.83 million (down 79%), while Q4 FY2026 showed a loss of Rs 132.62 million. Consolidated revenue was Rs 6,605.59 million with PAT of Rs 116.23 million versus Rs 650.50 million in prior year. The auditors issued an unmodified opinion with an Emphasis of Matter regarding a petition filed under Section 9 of IBC by Travel Food Services Limited on May 15, 2026, claiming Rs 114 million in alleged default. The company disputes this claim and says appropriate provisions have been made. During the year, the company acquired Ten 11 Hospitality LLP as a subsidiary and recognized goodwill impairment of Rs 8.87 million in consolidated results.
The company faces significant revenue contraction and a legal threat from an insolvency petition, though management claims strong financial position. The Emphasis of Matter note on the IBC petition raises going concern uncertainty despite auditor's clean opinion.