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:

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.

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:

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.