Dalal Street Investments Reports Q1 Loss, Reappoints CEO for 3-Year Term

1 min read     Updated on 29 Jul 2025, 12:44 PM
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Overview

Dalal Street Investments Limited reported a net loss of Rs 24.09 crore for Q1 2025, compared to a profit of Rs 6.90 crore in Q1 2024. Revenue from operations dropped to zero, with total revenue at Rs 11.26 lakhs. Total expenses increased to Rs 35.35 lakhs. The Board approved the reappointment of Mrs. Geeta Manekshana as MD & CEO for three years, subject to shareholder approval.

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*this image is generated using AI for illustrative purposes only.

Dalal Street Investments Limited , a Mumbai-based financial services company, has reported a net loss of Rs 24.09 crore for the first quarter ended June 30, 2025. This marks a significant downturn from the profit of Rs 6.90 crore recorded in the same quarter of the previous year.

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
EPS (Basic & Diluted) (7.65) 2.19

Dalal Street Investments reported no revenue from operations during the quarter, compared to Rs 15 lakhs in the corresponding quarter last year. The total revenue, consisting entirely of other income, stood at Rs 11.26 lakhs, down from Rs 37.19 lakhs in Q1 2024.

Total expenses increased to Rs 35.35 lakhs from Rs 30.29 lakhs in the previous year's quarter, primarily due to a rise in other expenses, which jumped to Rs 23.28 lakhs from Rs 18 lakhs.

CEO Reappointment

In a separate development, the Board of Directors has approved the reappointment of Mrs. Geeta Manekshana as Managing Director and Chief Executive Officer (MD & CEO) for a further term of three years, effective from May 25, 2025, to May 24, 2028. This decision is subject to shareholder approval at the forthcoming General Meeting.

Mrs. Manekshana, who has been with the company since January 2019, holds a Bachelor of Commerce degree and has experience in finance and investments. She also serves as a member of the Nomination & Remuneration Committee and CSR Committee of the company.

Board Meeting Outcomes

The company's Board of Directors, in their meeting held on July 29, 2025, approved the following:

  1. The unaudited financial results for Q1 2025
  2. Reappointment of Mrs. Geeta Manekshana as MD & CEO

The meeting, which commenced at 9:30 AM, concluded at 12:20 PM.

Dalal Street Investments Limited's shares are listed on the BSE. The company has stated that the detailed financial results are available on its website and the BSE website for investors' reference.

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