dhp india has appointed Mr. Sukanto Kumar Sahu as its Cost Auditor for the financial year 2026-27, following the resignation of the incumbent auditor. The Board of Directors approved the appointment and the acceptance of the resignation during a meeting held on May 30, 2026. The change in the cost auditor position is effective immediately for the upcoming fiscal year.

Mr. Kishore Majumdar, the existing Cost Auditor, tendered his resignation on May 30, 2026, citing ill health as the reason for stepping down. His resignation comes after he signed the Cost Audit Report for the financial year 2025-26. The Board accepted his resignation and recorded its appreciation for the professional services rendered during his tenure.

The new appointee, Mr. Sukanto Kumar Sahu, is a Practicing Cost Accountant and the proprietor of M/s. S. K. Sahu & Associates. He has been appointed to conduct the cost audit for the period from April 1, 2026, to March 31, 2027. The appointment is subject to the approval of the Central Government.

The Board has fixed the remuneration for the new Cost Auditor at ₹25,000 plus GST. Mr. Ashok Kumar Singh, Chief Financial Officer of the company, has been authorized to issue the final appointment letter. Additionally, Mr. Asheesh Dabrial, Managing Director, is authorized to file the necessary Form No. CRA-2 with the Central Government regarding this appointment.

The company disclosed that Mr. Sukanto Kumar Sahu holds a Certificate of Practice from the Institute of Cost Accountants of India and is free from any disqualifications specified under the Companies Act, 2013. The firm confirmed that there are no pending orders or proceedings against it relating to professional conduct before any competent authority.

DHP India reported a significant decline in financial performance for the year ended March 31, 2026, with net profit falling 83.4% to ₹110.57 crore. The drop from ₹665.34 crore in the previous year was driven by a net loss of ₹1,114.28 crore recognized under other comprehensive income, specifically due to the valuation of mutual fund and ETF investments. Despite the profitability squeeze, revenue from operations grew 25.3% to ₹723.76 crore for the fiscal year.

For the fourth quarter ended March 31, 2026, the company recorded a profit after tax of ₹40.97 crore, a sharp decrease from ₹647.47 crore in the corresponding quarter of the previous year. Revenue from operations for the quarter increased to ₹251.66 crore from ₹196.74 crore a year ago. The board, meeting on May 30, 2026, approved the audited financial results and recommended a final equity dividend of ₹4 per share, or 40% of the paid-up share capital, pending approval at the upcoming Annual General Meeting.

The statutory auditors, M/s. NKSJ & Associates, provided an unmodified opinion on the financial results. The company's balance sheet reflects total assets of ₹2,492.86 crore, with a net worth of ₹2,367.99 crore as of March 31, 2026. Cash and cash equivalents decreased significantly to ₹4.58 crore from ₹1,845.09 crore at the end of the previous year, largely due to net cash used in investing activities amounting to ₹1,951.30 crore.

Financial Results for FY26

The following table summarizes the key financial metrics for DHP India for the current and previous financial years (Amount in ₹ Lakhs):

Related Party Transactions

The board also disclosed related party transactions for the second half and annual year ended March 31, 2026. Key managerial personnel (KMP) remuneration accounted for the majority of these transactions. Asheesh Dabriwal, Managing Director, received a total salary and bonus of ₹1.34 crore for the year, while Janak Bhardwaj, Executive Director, received ₹46.37 lakh. Ashok Kumar Singh, Chief Financial Officer, was paid ₹46.88 lakh. The company also paid ₹1.50 lakh as office rent to Dabriwala Constructions Private Limited, an enterprise where KMP have substantial interest.