Deep Diamond India Ltd — Board Meeting, 29-05-2025: Board Meeting

Deep Diamond India Limited has announced a board meeting on [date omitted], where it approved the financial results for the quarter and half-year. The company reported standalone revenue from operations of Rs. 45.00 lakh for the quarter and Rs. 125.91 lakh for the year, driven mainly by its pharmaceutical segment. Profit before tax stood at Rs. 45.51 lakh for the quarter and Rs. 109.86 lakh for the year, with a profit after tax of Rs. 41.48 lakh and Rs. 86.07 lakh respectively. The board appointed M/s. Valawat & Associates as Internal Auditor and M/s. Ronak Jhuthawat & Co as Secretarial Auditor for the next five years. The statutory auditors issued an unmodified opinion on the financials, confirming sound internal controls and compliance with accounting standards. Total equity increased to Rs. 22.34 Cr, reflecting healthy reserves. The company’s cash and cash equivalents stood at approx. Rs. 3.33 Cr as of year-end. These developments affirm management’s focus on robust governance and steady operational performance, which is a positive signal for shareholders.