ALPHA TRIBE

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

08-08-2025 | 05:52 pm

DCM Financial Services' Board has approved the financial results for the quarter. The company reported a consolidated loss of ₹0.26 Cr for Q1 FY26, widening from a ₹0.06 Cr loss in the prior year's quarter. Auditors highlighted key concerns: an estimated ₹1.42 Cr in interest was not accounted for this quarter, potentially understating losses. Additionally, a significant ₹16.83 Cr in prior period interest, under a High Court scheme, remains unprovided. The company also hasn't created a required ₹20.15 Cr debenture redemption reserve. These observations indicate challenges with long-standing liabilities.

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