Newspaper publication dated 1st June 2026 for publication for financial results for the year ended 31st March, 2026.
Awaiting price reaction for this filing.
DS Kulkarni Developers Ltd submitted to BSE/NSE the copy of its unaudited financial results for the quarter and year ended 31st March 2026, as published in Business Standard and Navrashtra on 1st June 2026, in line with SEBI Listing Regulations. For FY26, total income from operations fell sharply to Rs 5,617.32 lakhs from Rs 13,315.25 lakhs in FY25, a drop of around 58%. The company swung from a net profit of Rs 1,311.69 lakhs in FY25 to a net loss of Rs 36.45 lakhs in FY26, with Q4 FY26 alone reporting a loss of Rs 72.91 lakhs versus a profit of Rs 859.58 lakhs in Q4 FY25. Basic EPS for FY26 was Rs (0.36) versus Rs 13.12 in FY25, and other equity remains deeply negative at Rs (13,879.12) lakhs, with the company's website (www.dskcirp.com) suggesting ongoing insolvency resolution proceedings.
Negative for shareholders — steep revenue contraction, a return to losses after a profitable year, and persistently negative reserves point to serious financial stress; the company appears to be operating under CIRP, which heightens uncertainty for equity holders.