Dalal Street Investments Reports Profit Turnaround in Q2

Dalal Street Investments has announced a significant turnaround in its financial performance for the second quarter. The company reported a net profit of Rs 28.37 lakh for Q2, marking a substantial improvement from the loss of Rs 24.09 lakh in the previous quarter.

Financial Highlights

The company's financial results for Q2 and H1 are as follows:

Particulars (Rs. in Lakhs)	Q2	Q1	Q2 PY	H1	H1 PY
Revenue from Operations	45.51	0.00	40.00	45.51	55.00
Total Revenue	50.80	11.26	64.78	62.05	101.97
Total Expenses	22.42	35.35	29.12	57.77	59.41
Profit Before Tax	28.37	-24.09	35.66	4.28	42.56
Net Profit	28.37	-24.09	35.66	4.28	42.56

Key Observations

Revenue Growth: The company's revenue from operations in Q2 stood at Rs 45.51 lakh, compared to nil revenue in the previous quarter. This represents a significant improvement in the company's core business activities.
Profitability: Dalal Street Investments has shown a remarkable turnaround in profitability. The net profit of Rs 28.37 lakh in Q2 contrasts sharply with the loss of Rs 24.09 lakh in Q1.
Expense Management: Total expenses decreased from Rs 35.35 lakh in Q1 to Rs 22.42 lakh in Q2, indicating improved cost management.
Half-Yearly Performance: For the first half, the company reported a modest net profit of Rs 4.28 lakh, compared to Rs 42.56 lakh in the same period of the previous year.
Earnings Per Share: The basic and diluted EPS for Q2 stood at Rs 9.01, a significant improvement from the negative EPS of Rs 7.65 in the previous quarter.

Board Approval and Compliance

The unaudited financial results for Q2 and H1 were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on November 10. The statutory auditors have performed a Limited Review of the financial results in accordance with SEBI regulations.

Trading Window

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities will open 48 hours after the announcement of the results.

The financial results are available on the company's website and on the BSE Limited website.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+3.83%	+4.19%	-4.30%	-42.13%	+88.52%

Dalal Street Investments Limited , a Mumbai-based financial services company, has reported a net loss of Rs 24.09 crore for the quarter ended June 30, 2025, marking a significant downturn from the profit of Rs 6.90 crore recorded in the same quarter last year. The company's financial performance was impacted by a lack of revenue from operations and increased expenses.

Financial Performance

The company's financial results for Q1 2025 paint a challenging picture:

Particulars (in Rs. Lakhs)	Q1 2025	Q1 2024
Revenue from Operations	0.00	15.00
Other Income	11.26	22.19
Total Revenue	11.26	37.19
Total Expenses	35.35	30.29
Net Profit/(Loss)	(24.09)	6.90

Dalal Street Investments reported no revenue from operations during the quarter, compared to Rs 15 lakh in the same period last year. The company's total revenue stood at Rs 11.26 lakh, entirely from other income, showing a significant decrease from Rs 37.19 lakh in Q1 2024.

Total expenses increased to Rs 35.35 lakh from Rs 30.29 lakh year-over-year, further contributing to the company's loss. The rise in expenses was primarily due to an increase in other expenses, which rose to Rs 23.28 lakh from Rs 18 lakh in the previous year.

Key Financial Metrics

Despite the quarterly loss, some financial metrics showed improvement:

The debt-equity ratio improved to 0.31 from 0.54 in the previous year, indicating a reduction in the company's leverage.
However, the basic earnings per share (EPS) turned negative at Rs 7.65, compared to a positive EPS of Rs 2.19 in Q1 2024.

Management Changes

In a significant development, the Board of Directors approved the reappointment of Mrs. Geeta Manekshana as Managing Director and CEO for a three-year term from May 25, 2025, to May 24, 2028, subject to shareholder approval. Mrs. Manekshana, who holds a B.Com degree, has been with the company since January 2019 and is the wife of Director and Promoter Mr. Murzash Manekshana.

Looking Ahead

While the company faces challenges in its operational performance, the reappointment of Mrs. Manekshana suggests continuity in leadership. Dalal Street Investments will need to focus on reviving its revenue from operations and managing expenses to improve its financial position in the coming quarters.

Investors and stakeholders will be watching closely to see how the company navigates these financial challenges and works towards returning to profitability.