Deccan Gold Mines Ltd — Important, 08-08-2026: Company Update

Deccan Gold Mines clarified its recent financial performance, highlighting significant year-on-year improvement driven by associate companies. Share of profit from associates, primarily Geomysore Services, reached 6.64 Cr for the current quarter, up from a loss in the prior year, due to higher production and improved operations. Standalone net profit turned positive at 1.15 Cr from a loss of 15.59 Cr year-on-year. Quarter-on-quarter standalone net profit decreased to 1.15 Cr from 6.69 Cr, mainly due to foreign exchange losses, increased finance costs, and higher project development expenditures. Consolidated revenue is lower than standalone due to inter-company income eliminations. The company remains positive on long-term value creation and continued growth.