ENCLOSED HEREWITH BOARD MEETING OUTCOME DATED 18/07/2025
Awaiting price reaction for this filing.
Deccan Bearings Limited announced its Q1 FY26 (quarter ended June 30, 2025) unaudited results, approved at a board meeting on July 18, 2025. The company reported zero revenue from operations and zero other income during the quarter, compared to total revenue of ₹1.88 lakh in Q1 FY25 and ₹4.01 lakh for FY25. Total expenses surged to ₹26.14 lakh from ₹4.75 lakh a year ago, driven mainly by a jump in 'other expenses' to ₹25.54 lakh. The company posted a net loss of ₹26.14 lakh, sharply wider than the ₹2.87 lakh loss in Q1 FY25, translating to a basic EPS of ₹(1.19). The auditor (PAMS & Associates) issued an unmodified limited review report.
With no operating revenue, ballooning expenses, and a deepening quarterly loss, the results highlight significant operational weakness for shareholders. This may weigh negatively on the stock, though the company is a small-cap and the report carries no audit qualifications.