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Deccan Gold Mines LtdBoard Meeting, 29-05-2025: Board Meeting

29-05-2025 | 03:07 pm

Deccan Gold Mines Limited has announced a board meeting outcome where it approved the financial results for the quarter and half-year ended March 31, 2025. The company reported a consolidated net loss of Rs. 837 million and standalone net loss of Rs. 467 million for the year. Key operating expenses remain high, and cash flow from operations was negative at Rs. 507 million consolidated. Investments and capital work reflect ongoing development in mining assets. The auditors issued an unmodified opinion, confirming the financial statements present a true and fair view. The board also reappointed GHS Gupta & Co as internal auditors. The company continues to operate in gold exploration and mining, with incremental employee stock options granted.

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