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Duke Offshore Limited has announced a board meeting approving the financial results for the quarter and half-year ended March 31, 2025. The company reported a total income of Rs 73.61 lakhs, down sharply from Rs 414.26 lakhs in the previous year, leading to a loss of Rs 219.77 lakhs compared to a profit of Rs 123.90 lakhs earlier. Key expenses included employee benefits (Rs 95.63 lakhs) and depreciation (Rs 46.51 lakhs). Cash and equivalents fell to Rs 6.71 lakhs from Rs 13.58 lakhs. The board approved the appointment of a new internal auditor for FY 2025-26. Statutory auditors SCMK & Co LLP completed their five-year term and resigned, with the audit report for FY25 issued with an unmodified opinion.