We are hereby submitting the Unaudited Financial Results for the quarter ended 30.06.2025 along with the Limited review report as per the regulations 33 of Securities Exchange Board of ....
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Dion Global Solutions Ltd submitted its unaudited standalone financial results for Q1 FY26 (quarter ended 30 June 2025). The company remains under Corporate Insolvency Resolution Process (CIRP) since 18 August 2020, with all executive directors, CFO and Company Secretary having resigned prior to CIRP commencement; powers of the Board are vested with Resolution Professional Pardeep Kumar Lakhani. Revenue from operations stood at Rs 276.88 lakhs, marginally up from Rs 264.70 lakhs in Q1 FY25, but the company reported a loss before tax of Rs 44.50 lakhs (wider than Rs 34.83 lakhs loss in Q1 FY25), resulting in negative EPS of Rs 0.14. The auditor (NGMKS & Associates) issued a qualified review report citing the company's loan defaults, absence of a restructuring provision, and non-preparation under Ind AS-1/34. A resolution plan (M/s Indus IntelliRisk & IntelliSense Services Pvt Ltd as Resolution Applicant) has been approved by the Committee of Creditors but is pending before NCLT.
Persistent losses, ongoing CIRP status, and qualified auditor opinion signal severe financial distress for shareholders; trading remains risky and contingent on NCLT approval of the resolution plan, which could materially affect existing equity value and shareholder structure.