Deccan Polypacks reported a net loss of ₹5.83 lakh for the quarter ended June 30, 2026, as the company recorded zero revenue from operations. The loss for the period widened compared to the net loss of ₹2.06 lakh reported in the preceding quarter ended March 31, 2026. The financial performance reflects continued challenges in the company's discontinued operations, with no income generated from business activities during the quarter.

The total expenses for Q1FY27 stood at ₹5.83 lakh, an increase from ₹2.06 lakh in the previous quarter. Other expenses accounted for the majority of the costs at ₹4.93 lakh, up from ₹1.01 lakh in Q4FY26. Employee benefit expenses were recorded at ₹0.90 lakh, while finance costs remained negligible at ₹0.00 lakh. Depreciation and amortisation expenses were nil for the period.

Financial Performance Overview

The company's paid-up equity share capital remained constant at ₹211.50 lakh during the quarter. The basic and diluted earnings per share (EPS) for the quarter were reported at -₹0.28, compared to -₹0.10 in the previous quarter. The statutory auditors have performed a limited review and expressed an unmodified opinion on the results for the quarter.

Segment Reporting

Deccan Polypacks stated that it has one reportable segment as per the requirements of IND AS 108 "Operating Segments". The financial statement was prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Figures for the corresponding previous period have been regrouped or reclassified where necessary to maintain comparability.

Deccan Polypacks Limited appointed Mrs. Datla Sakuntala as the Chief Executive Officer (CEO) of the company effective June 29, 2026. She ceased to hold the office of Chief Financial Officer (CFO) consequent upon her elevation to the top executive role. The Board of Directors approved the personnel changes during its meeting held on June 29, 2026.

Mrs. Datla Sakuntala brings extensive experience in finance, corporate management, strategic planning, and business operations to her new role. Previously serving as the CFO, she played a significant role in the company's financial management and governance. As CEO, she will be responsible for the overall management and day-to-day affairs of the company.

The appointment was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular. The Board resolved to entrust her with the overall management and day-to-day operations, exercising powers delegated by the Board.

Mrs. Datla Sakuntala is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority. The disclosures regarding her relationships with the Directors confirm she is the wife of Mr. Ramasurya Parmananda Raju Datla, Non-Executive Director, and the mother of Mr. Venkata Prudvi Raju Datla, Non-Executive Director.

Key Management Changes