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Deccan Bearings LtdResults, 18-07-2025: Result

18-07-2025 | 07:32 pm

Deccan Bearings announced its financial results for the quarter, reporting no revenue from operations and a net loss of 0.26 Cr. The company also confirmed the full utilization of approximately 7.95 Cr raised via a recent preferential issue during the quarter. These funds were deployed towards key business objectives, including expanding core operations, meeting working capital needs, investing in technology, and repaying loans. Additionally, the company stated it has no outstanding defaults on loans or debt securities, offering investors a clear view of its financial health and capital management.

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