Deccan Gold Mines Limited will host an earnings call on Wednesday, August 12, 2026, at 11:00 AM IST to discuss its financial performance for the first quarter ended June 30, 2026. The event provides investors and analysts with a direct channel to review the company’s Q1FY27 results and engage with management regarding operational highlights and strategic outlooks for the ongoing fiscal year.

The company notified BSE Limited of the proceedings on August 08, 2026, through its Company Secretary and Compliance Officer, Subramaniam Sundaram. The filing confirms that the call will begin with a presentation by management, followed by an interactive Question & Answer session to address stakeholder queries.

Participants interested in joining the conference must register via the official link provided by the company. A recording and transcript of the entire session will be made available on Deccan Gold Mines Limited’s website post-event, ensuring accessibility for those unable to attend live.

Key Details

Investors are advised to register in advance using the designated Zoom webinar link to ensure seamless access to the proceedings. The management’s presentation is expected to outline key financial metrics, including revenue from operations and net profit, alongside commentary on gold price movements and production volumes relevant to the quarter.

Deccan Gold Mines reported a standalone net profit of ₹11.52 million for the quarter ended June 30, 2026, marking a sharp turnaround from a net loss of ₹155.90 million in the corresponding period last year. The company also announced that its Board has approved a proposed growth capital raise of over ₹1370 million through Compulsorily Convertible Debentures (CCDs), equity shares, and equity warrants to accelerate its next phase of expansion across gold and critical minerals assets.

The financial results for Q1FY27 reflect strong operational momentum, with standalone total income from operations increasing by 266% year-on-year to ₹114.36 million. On a consolidated basis, total income from operations rose by 56%, while the consolidated loss narrowed by 69%. This improvement was driven primarily by higher production and increased inventory at associate companies, particularly Geomysore Services (India) Private Limited, which produced 89.70 kg of gold during the quarter.

Key Financial Highlights

*Note: Previous year revenue derived from 266% increase statement; exact prior figure not explicitly stated in new source but implied by context.

Operational and Strategic Developments

A significant portion of the consolidated performance improvement came from the Company’s share of profit from associates, which reached ₹66.44 million. This was supported by improved operational throughput at Geomysore and a positive contribution from Kalevala Gold Oy in Finland. Additionally, the Altyn Tor Gold Project in the Kyrgyz Republic entered the production phase following successful commissioning activities. Commercial operations are expected to ramp up during the September 2026 quarter, potentially strengthening revenues and profitability from Q2FY27 onwards.

To support these developments, the Board approved the preferential capital raise subject to shareholder and regulatory approvals. The funds will be utilized for exploration, project development, production expansion, and strategic investments in India and overseas. An Extraordinary General Meeting (EGM) has been convened for September 2, 2026, to seek shareholders’ approval for the proposed issue.

Governance Updates

The Board also strengthened its governance framework by appointing Ms. Jade Gemma Devenish as a Non-Executive Non-Independent Director. She brings extensive experience in mining project development and capital raising, having played a pivotal role in the Jonnagiri Gold Project. Furthermore, Mr. Pandarinathan Elango has been designated as Chairperson of the Board, alongside the reconstitution of Board Committees.

Dr. Hanuma Prasad Modali, Managing Director, stated that the Q1 performance reflects steady execution of the long-term strategy. He highlighted the continued production ramp-up at Jonnagiri and the commencement of production at Altyn Tor as key milestones in transitioning towards a diversified, production-oriented mining business.