Deccan Transcon FY26 net profit rises 31.8% to ₹815.08 lakh

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.31%	-4.04%	+4.88%	-21.43%	-48.81%	-79.55%

Deccan Transcon Leasing Limited has filed a corrigendum with the National Stock Exchange of India Limited, clarifying the effective date of resignation of its Chief Financial Officer (CFO), Mr. Sumit Kothari. The corrigendum, dated May 15, 2026, was submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and supersedes the company's earlier intimation filed on April 02, 2026.

CFO Resignation: Key Details

The corrigendum clarifies that Mr. Sumit Kothari's resignation as CFO and Key Managerial Personnel (KMP) became effective from the close of business hours on May 15, 2026. The notice period had commenced from March 16, 2026, the date on which Mr. Kothari originally tendered his resignation to the Board of Directors citing personal reasons. The following table summarises the key disclosure details as required under Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

Parameter:	Details
Name:	Mr. Sumit Kothari
Designation:	Chief Financial Officer (CFO) & Key Managerial Personnel (KMP)
Reason for Change:	Resignation
Notice Period Commencement:	March 16, 2026
Effective Date of Resignation / Last Working Day:	May 15, 2026 (Close of business hours)
Material Reasons (Other than Disclosed):	None

Background and Confirmation

In his resignation letter addressed to the Board of Directors on March 16, 2026, Mr. Sumit Kothari cited personal reasons as the basis for his departure and confirmed that there are no other material reasons beyond those stated. He had requested the Board to relieve him from his duties with effect from the close of business hours on March 16, 2026, and had also requested the company to complete all necessary statutory and regulatory filings, including requisite forms with the Registrar of Companies and intimations to relevant authorities, as applicable.

Regulatory Compliance

The corrigendum was signed by Khushboo Gautam, Company Secretary and Compliance Officer (M. No.: A66993), on behalf of Deccan Transcon Leasing Limited. The disclosure has been made in accordance with the SEBI Master Circular dated July 11, 2023, as amended from time to time. The company has stated that the above information is also available on its website at https://www.deccantrans.com .