Financial Results for the quarter ended 30th June,2025.
Awaiting price reaction for this filing.
Dugar Housing Developments reported a weak quarter ended June 30, 2025, with total revenue of just Rs. 1.57 lakhs against total expenses of Rs. 14.92 lakhs, resulting in a net loss of Rs. 13.35 lakhs (EPS of Rs. -0.19). This compares to a net loss of Rs. 4.78 lakhs in the same quarter last year and a full-year FY25 profit of Rs. 3.50 lakhs, indicating widening losses. The auditor (M Sahu & Co) issued a clean limited review report with no qualifications. Separately, the board approved allotment of 27,00,000 equity shares at Rs. 12 each (face value Rs. 10) on conversion of warrants by two allottees, raising paid-up capital from Rs. 7 crore to Rs. 9.70 crore.
Persistent losses, negligible revenue, and a small preferential equity dilution are negative for shareholders. The stock may remain thinly traded and weak until the company shows meaningful revenue traction.