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DCM Financial Services LimitedBoard Meeting, 08-08-2025: Outcome of Board Meeting

08-08-2025 | 05:35 pm

DCM Financial Services' board has approved the consolidated financial results for the quarter ended June 30, 2025, reporting a higher loss of Rs. 0.26 crore. Auditors highlighted significant concerns: The company understated its Q1 loss by Rs. 1.42 crore by not provisioning interest on certain loans. Additionally, Rs. 16.83 crore in prior period interest (from a Delhi High Court accepted scheme) has not been accounted for, significantly impacting past and current financials. Furthermore, a Rs. 20.15 crore Debenture Redemption Reserve was not created due to insufficient profits. Investors should note these key audit observations.

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