The results were reviewed by the audit committee and are accompanied by a Limited Review Report from the statutory auditor, U S Agarwal & Associates, issued in accordance with Regulation 33 of SEBI LODR Regulations. The auditor's report states that based on their review, nothing has come to their attention that causes them to believe the statements contain any material misstatement.

Standalone Financial Performance (₹ in Lakhs)

Revenue:

  • Total Revenue from Operations: ₹2,274.09 lakh (vs. loss of ₹1,451.68 lakh in Q4 FY26)
  • Dividend Income: ₹8.89 lakh (vs. ₹802.97 lakh in Q4 FY26)
  • Net gain on fair value changes: ₹2,265.20 lakh (Realized: ₹141.51 lakh, Unrealized: ₹2,123.69 lakh)
  • Rental Income: ₹3.95 lakh
  • Other Income: ₹0.19 lakh

Expenses:

  • Total Expenses: ₹94.32 lakh (Employee benefits: ₹27.77 lakh, Depreciation: ₹9.06 lakh, Other expenses: ₹57.19 lakh, Finance cost: ₹0.30 lakh)

Profitability:

  • Profit before tax: ₹2,179.96 lakh (vs. loss of ₹1,593.24 lakh in Q4 FY26)
  • Tax Expense: ₹497.95 lakh (Current tax: ₹18.10 lakh, Deferred tax: ₹479.85 lakh)
  • Profit after tax: ₹1,682.01 lakh (vs. loss of ₹1,298.48 lakh in Q4 FY26)
  • Other Comprehensive Income: ₹325.67 lakh
  • Total Comprehensive Income: ₹2,007.68 lakh (vs. loss of ₹1,151.82 lakh in Q4 FY26)

Per Share Data:

  • Basic & Diluted EPS: ₹27.59 (vs. loss of ₹21.30 in Q4 FY26)
  • Paid-up equity share capital: ₹609.72 lakh (Face value ₹10 each)

Consolidated Financial Performance (₹ in Lakhs)

Revenue:

  • Total Revenue from Operations: ₹25,895.37 lakh
  • Other Income: ₹1,993.15 lakh
  • Total Income: ₹27,888.52 lakh

Breakdown of Revenue:

  • Interest income: ₹456.32 lakh
  • Dividend income: ₹24.13 lakh
  • Net gain on fair value changes: ₹11,618.08 lakh
  • Rental income: ₹26.56 lakh
  • Sale of products: ₹13,655.56 lakh
  • Forex gain: ₹28.52 lakh
  • Export incentives: ₹86.20 lakh

Expenses:

  • Total Expenses: ₹15,164.78 lakh
  • Finance costs: ₹376.07 lakh
  • Cost of materials consumed: ₹11,281.74 lakh
  • Changes in inventories: -₹201.73 lakh
  • Employee benefit expenses: ₹734.12 lakh
  • Depreciation and amortization: ₹648.18 lakh
  • Other expenses: ₹2,326.40 lakh

Profitability:

  • Profit before tax and exceptional items: ₹12,723.74 lakh (vs. loss of ₹8,387.99 lakh in Q4 FY26)
  • Share of profit from equity accounted investee: ₹12,326.55 lakh
  • Profit before tax for continuing operations: ₹25,050.29 lakh
  • Tax Expense: ₹5,671.75 lakh (Current tax: ₹1,242.69 lakh, Deferred tax: ₹4,429.06 lakh)
  • Profit after tax from continuing operations: ₹19,378.54 lakh
  • Loss from discontinued operation after tax: -₹250.34 lakh (Q1 FY26)
  • Net Profit after tax: ₹19,378.54 lakh (vs. ₹349.97 lakh in Q4 FY26)
  • Other Comprehensive Income: ₹6,093.14 lakh
  • Total Comprehensive Income: ₹25,471.68 lakh

Attribution of Profit:

  • Attributable to owners of the company: ₹13,318.18 lakh
  • Attributable to non-controlling interest: ₹6,060.36 lakh

Per Share Data:

  • Basic & Diluted EPS: ₹218.43 (vs. loss of ₹8.15 in Q4 FY26)

Segment Information (Consolidated)

The company operates in three segments:

1. Treasury Operations: Revenue ₹14,097.27 lakh; Segment Results ₹11,548.38 lakh

2. Flexible Packaging Film: Revenue ₹13,791.25 lakh; Segment Results ₹411.59 lakh

3. Food and Beverages (Discontinued): Revenue nil; Segment Results nil

Discontinued Operations

Twelve Cupcakes Pte Limited, a step-down subsidiary, initiated Creditors' Voluntary Winding-up proceedings under Singapore law on 29 October 2025, resulting in loss of control. The Food and Beverages segment has been classified as discontinued operation. For Q1 FY26, it showed a loss after tax of ₹250.34 lakh on total income of ₹1,361.00 lakh.

Notes to Accounts

  • The figures for the quarter ended 31 March 2026 are balancing figures between audited annual figures and published year-to-date figures up to the third quarter.
  • Exceptional item during FY 2025-26 represents profit of ₹22.55 lakh on settlement of assets and liabilities of Hatibari Tea Factory.
  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS).
  • The nature of the capital market in which the company operates means quarterly results may not indicate likely annual performance.
  • Net gains/(loss) on fair value change includes gain/(loss) on sale and changes in fair value of investments.

Additional Information

The financial results and review reports are available on the company's website at www.dhunseriinvestments.com and will be published in newspapers in the prescribed format.