DCM Financial Services Limited — Board Meeting, 13-11-2024: Outcome of Board Meeting

The outcome of the board meeting has confirmed the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2024. The results show a total income of Rs. 1.15 crores, with expenses of Rs. 1.12 crores, leading to a profit before tax of Rs. 0.08 crores. The total comprehensive loss for the period is reported at Rs. 0.13 crores. The board also approved the limited review report from the statutory auditors, highlighting concerns about the non-provision of interest on certain liabilities, which understate the reported loss.