Deccan Transcon appoints Sudhakar Venkata Kada as CFO

Deccan Transcon Leasing Limited has appointed Mr. Sudhakar Venkata Kada as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective June 03, 2026. The Board of Directors approved the appointment during its meeting held on May 30, 2026, based on recommendations from the Nomination and Remuneration Committee and the Audit Committee.

Mr. Sudhakar Venkata Kada brings over 27 years of experience across Renewable Energy, Manufacturing, ITES, and Chemical Industries. His expertise includes Strategic Finance, Mergers & Acquisitions, Fund Raising, Treasury Management, FP&A, Corporate Governance, Financial Reporting, Strategy, Tax Planning, and Team Building.

The appointment was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Mr. Kada is not debarred from holding office by virtue of any order of SEBI or any other authority.

Appointment Details

Disclosure Requirement	Details
Reason for change	Appointment of Mr. Sudhakar Venkata Kada as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company.
Date of appointment & term	Mr. Sudhakar Venkata Kada has been appointed as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company with effect from June 03, 2026. He shall hold office on such terms and conditions as approved by the Board of Directors of the Company.
Brief Profile	Mr. Sudhakar Venkata Kada is a seasoned finance professional having over 27 years of experience across Renewable Energy, Manufacturing, ITES and Chemical Industries. He possesses extensive expertise in Strategic Finance, Mergers & Acquisitions, Fund Raising, Treasury Management, FP&A, Corporate Governance, Financial Reporting, Strategy, Tax Planning and Team Building.
Disclosure of relationships	Not Applicable

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.66%	-3.94%	+5.78%	-24.44%	-46.00%	-80.09%

Deccan Transcon Leasing reported a consolidated net profit of ₹815.08 lakh for the financial year ended March 31, 2026, an increase of 31.8% compared to ₹618.35 lakh in the previous year. The company's Board of Directors approved the audited standalone and consolidated financial results for the year and half-year ended March 31, 2026, at a meeting held on May 30, 2026. Revenue from operations for the year declined to ₹15,984.81 lakh from ₹16,631.26 lakh in FY25. The trading window for dealing in the company's securities will remain closed for 48 hours from the publication of this announcement.

Financial Performance

For the year ended March 31, 2026, the company reported a total income of ₹16,145.82 lakh, slightly lower than ₹16,660.67 lakh in the previous year. Total expenses decreased to ₹15,425.18 lakh from ₹16,064.46 lakh in FY25. Profit before tax for the year stood at ₹859.78 lakh, up from ₹731.82 lakh in the corresponding period last year. Basic earnings per share (EPS) increased to ₹3.59 from ₹3.08 in the previous year.

Consolidated Financial Results (₹ in lakhs)	Year Ended March 31, 2026	Year Ended March 31, 2025
Revenue from Operations	15,984.81	16,631.26
Total Income	16,145.82	16,660.67
Total Expenses	15,425.18	16,064.46
Profit Before Tax	859.78	731.82
Net Profit	815.08	618.35
Basic EPS (₹)	3.59	3.08

Segment and Operational Details

The company operates in a single segment, and the financial results are based on this single segment. The auditors, M/s. ADV & Associates, reviewed the results pursuant to Regulation 33 of the SEBI (LODR) Regulations, 2015. The consolidated financials include the results of subsidiary Deccan Shipping & Logistics SDN. BHD and associate King Star Freight Private Limited. The statutory auditors did not review the financial statements of the subsidiary and associate, relying on the reports of other auditors.

Fund Utilization

The company reported that the proceeds of the Initial Public Offer (IPO) have been utilized as per the objects stated in the prospectus. As of March 31, 2026, the total amount utilized was ₹5,087.47 lakh, with ₹95.97 lakh remaining unutilized. The funds were primarily used for the expansion of business, specifically the procurement of tank containers, and for working capital requirements.