Key Quantitative Figures - Standalone (Rs. in lakhs)

Income Statement:

  • Total Income: ₹121.61 (Q1 2026) vs ₹421.29 (Q4 2025) vs ₹92.91 (Q1 2025)
  • Total Expenses: ₹172.51 (Q1 2026) vs ₹249.35 (Q4 2025) vs ₹192.93 (Q1 2025)
  • Employee benefits expense: ₹58.77
  • Finance cost: ₹0.04
  • Depreciation and amortization: ₹26.75
  • Other expenses: ₹86.95
  • Loss from continuing operations before exceptional items and tax: ₹(50.90)
  • Exceptional Items: ₹207.60 (Impairment loss on investment property)
  • Loss from continuing operations before tax: ₹(258.50)
  • Loss from discontinued operations: ₹(20.94)
  • Net Loss after tax: ₹(279.44)
  • Total Comprehensive Income: ₹(279.44)

Capital Structure:

  • Paid-up equity share capital: ₹6,258.10 lakhs
  • Face value per share: ₹3
  • Earnings Per Share (Basic): ₹(0.12) for continuing and discontinued operations

Key Quantitative Figures - Consolidated (Rs. in lakhs)

Income Statement:

  • Revenue from operations: ₹10,775.13 (Q1 2026)
  • Profit before share in profit of associates, exceptional items and tax: ₹1,234.34
  • Exceptional Items: ₹207.60 (Impairment loss on investment property)
  • Profit before tax from continuing operations: ₹1,026.74
  • Loss before tax from discontinued operations: ₹(36.06)
  • Tax expense: ₹331.13
  • Net Profit after tax: ₹659.55
  • Attributable to equity holders of parent: ₹648.44
  • Attributable to non-controlling interests: ₹11.11
  • Total Comprehensive Income: ₹659.55

Segment Information:

  • Financial Technology Services (Spice Money) Revenue: ₹10,775.13
  • Financial Technology Services (Spice Money) Segment Results: ₹1,357.62
  • Earnings Per Share (Basic): ₹0.28 for continuing and discontinued operations

Dates of Action

  • Board Meeting Date: August 5, 2026 (1:00 PM to 3:55 PM IST)
  • Audit Committee Meeting Date: August 5, 2026
  • Quarter End Date: June 30, 2026

Parties Involved

  • Statutory Auditor: S.R. Batliboi & Co. LLP, Chartered Accountants
  • Compliance Officer: Pankaj Arora, Company Secretary and Compliance Officer
  • Review Partner: Amit Kabra (Membership No.: 094533)

Operational Highlights and Disclosures

Capital Structure Changes:

  • During the quarter, 200,000 equity shares (face value ₹3 each) were issued and allotted under DTL Employees Stock Option Plan 2018
  • Paid-up equity share capital increased to ₹6,258.10 lakhs
  • Conservative interpretation of Ind AS 32 results in reported paid-up capital being reduced by ₹782.04 lakhs representing shares held by Independent Non-Promoter Trust and Independent Non-Promoter (Spice Employee Benefit) Trust

Merger Update:

  • Scheme of Amalgamation approved by Board on August 8, 2024, for merger of Spice Money Limited, E-Arth Travel Solutions Private Limited and Vikasni Fintech Private Limited with DiGiSPICE
  • Received 'no adverse observations' from BSE Limited (September 18, 2025) and 'no objection' from NSE (September 19, 2025)
  • Shareholders approved the scheme on July 13, 2026
  • 2nd Motion petition filed with NCLT on July 24, 2026
  • Financial results presented without giving effect to the proposed merger pending approvals

Exceptional Items:

  • Impairment loss: ₹207.60 lakhs recognized on investment property in Kolkata based on management assessment of recoverable value
  • Statutory impact of new labour codes: ₹85.53 lakhs recognized in previous year (not in current quarter)

Subsidiary Updates:

  • During Q1 2025, company acquired additional 1.94% stake in Spice Money Limited for ₹449.90 lakhs
  • Spice Digital FZCO (step-down subsidiary) was wound up and dissolved on April 18, 2025

Other Income:

  • Includes interest on income tax refund for earlier years: ₹101.07 lakhs (previous quarters)

Financial Impact

Standalone operations show significant loss primarily due to impairment charge. Consolidated operations remain profitable driven by Financial Technology Services segment. Merger process ongoing with regulatory approvals pending.