The Board meeting commenced at 12:30 p.m. (IST) and concluded at 2:55 p.m. (IST).
Financial Results Overview
The Standalone Financial Results for Q1 FY27 show:
- Total Income: ₹22,608.19 crore
- Total Expenses: ₹19,759.96 crore
- Profit from Operations before exceptional items: ₹2,848.23 crore
- Total Tax Expense: ₹680.62 crore (Current Tax: ₹520.34 crore, Deferred Tax: ₹160.28 crore)
- Net Profit for the period: ₹2,040.52 crore
- Other Comprehensive Income: ₹(56.95) crore
- Total Comprehensive Income for the period: ₹1,997.91 crore
The Consolidated Financial Results include the subsidiary DMCC (Europe) GMBH. The auditors noted they did not review the interim financial results of this subsidiary, which reflected:
- Total revenues: ₹1.64 lakhs
- Total net loss after tax: ₹(0.07) lakhs
- Other comprehensive income: ₹(0.76) lakhs
Auditor Review
Rahul Gautam Divan & Associates, Chartered Accountants (Firm Registration Number: 120294W), issued unmodified limited review reports for both standalone and consolidated financial results. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.