Outcome of Board meeting held on 14th August, 2025 for approval of unaudited standalone financial results for the quarter ended 30.06.2025.
Awaiting price reaction for this filing.
The board approved unaudited standalone financial results for Q1 FY26 (quarter ended 30 June 2025) with an unmodified auditor review report. Revenue from operations was nil (down from ₹7,550 lacs in Q1 FY25) and total income was nil versus ₹7,560 lacs a year ago. The company reported a small net loss of ₹3.57 lacs compared to a profit of ₹218.45 lacs in Q1 FY25, translating to a negative EPS of ₹(0.04). Net worth remains deeply negative at ₹(12,842.68) lacs, and the company's website (dskcirp.com) indicates it is under Corporate Insolvency Resolution Process (CIRP). The board also approved material related party transactions with Classic Promoters and Builders Private Limited and set the 34th AGM for 30 September 2025.
Complete absence of operating revenue, a negative net worth, and the ongoing CIRP highlight severe financial distress — shareholders face continued uncertainty over the company's viability and any recovery of value.