ALPHA TRIBE

DCM LimitedBoard Meeting, 14-08-2025: Outcome of Board Meeting

14-08-2025 | 05:10 pm

DCM Limited's board met to approve the financial results for the quarter ended June 30, 2025. The company reported a consolidated profit of ₹3.24 Cr on revenue of ₹17.61 Cr, with EPS at ₹1.74. This signals a notable turnaround from last year's Q1 loss.

The board also approved the appointment of M/s. Pragnya Pradhan & Associates as Secretarial Auditors for five years, pending shareholder approval.

Key challenges include an ongoing engineering business lockout, with ₹1.45 Cr in Q1 wages unprovided. Furthermore, a ₹50 Cr advance for Hisar land development is now a liability due to a suspended license, leading to current liabilities exceeding current assets by ₹5.55 Cr. Management remains confident in resolving these matters.

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