Duke Offshore Limited's Board of Directors held a meeting on Friday, July 17, 2026, from 11:00 A.M. to 04:00 P.M. The board considered and approved the unaudited financial results for the quarter ended June 30, 2026, prepared in accordance with IND-AS pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Results (Rs in Lakhs)
Income Statement for Quarter Ended June 30, 2026:
- Other Income: ₹5.96 lakh (compared to ₹6.50 lakh in Q1 FY26 and ₹0.95 lakh in Q4 FY26)
- Total Income: ₹5.96 lakh (compared to ₹6.50 lakh in Q1 FY26 and ₹0.95 lakh in Q4 FY26)
Expenses:
- Employee Benefits Expense: ₹13.91 lakh (compared to ₹21.23 lakh in Q1 FY26)
- Finance Costs: ₹0.41 lakh (compared to ₹0.00 in Q1 FY26 and ₹1.67 lakh in Q4 FY26)
- Depreciation/Amortization: ₹4.17 lakh (compared to ₹10.02 lakh in Q1 FY26)
- Other Expenses: ₹15.53 lakh (compared to ₹14.81 lakh in Q1 FY26)
- Total Expenses: ₹34.02 lakh (compared to ₹46.06 lakh in Q1 FY26)
Profit/(Loss):
- Loss before tax: ₹(28.06) lakh (compared to ₹(39.56) lakh in Q1 FY26)
- Loss after tax: ₹(28.06) lakh (compared to ₹(39.56) lakh in Q1 FY26)
Earnings Per Share:
- Basic EPS: ₹(0.28) (Face Value of ₹10/- each)
- Diluted EPS: ₹(0.28) (Face Value of ₹10/- each)
Capital Structure:
- Paid-up Equity Share Capital: ₹985.72 lakh (unchanged from previous periods)
- Other Equity: Not Available for current quarter
Additional Information
1. The results for the quarter ended June 30, 2026, were reviewed by the Audit Committee and approved by the Board of Directors on July 17, 2026.
2. The financial statement was prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of Companies Act, 2013.
3. The figures for the quarter ended March 31, 2026, are balancing figures between audited full-year figures and published year-to-date figures up to the third quarter ended December 31, 2025.
4. Segment-wise disclosure is not applicable as the company operates only in one segment (offshore business).
5. Corresponding previous period figures have been regrouped/restated wherever necessary.
Auditor's Review
Kirtane & Pandit LLP, Chartered Accountants, conducted a limited review of the quarterly unaudited financial results pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Their review report dated July 17, 2026, states that nothing has come to their attention that causes them to believe that the financial results:
- Have not disclosed information required by Regulation 33
- Contain any material misstatement
The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI, providing moderate assurance.