DCM Financial Services Reports Widening Losses in Q2 FY2026
DCM Financial Services Limited reported a net loss of Rs 38.58 lakhs for Q2 FY2026, up from Rs 25.33 lakhs in Q1 FY2026. The company's total income decreased to Rs 9.36 lakhs from Rs 22.46 lakhs in the previous quarter. For H1 FY2026, net loss increased to Rs 63.91 lakhs from Rs 12.99 lakhs year-over-year. Total assets and liabilities stood at Rs 2,059.41 lakhs. Auditors highlighted concerns including unprovided interest on debentures and fixed deposits, and ongoing legal disputes.
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DCM Financial Services Limited , a Delhi-based financial services company, has reported a significant increase in net loss for the quarter ended September 30, 2025. The company's financial performance continues to face challenges, as revealed in its recently released unaudited financial results.
Financial Highlights
Quarterly Performance: DCM Financial Services reported a net loss of Rs 38.58 lakhs for Q2 FY2026, compared to a loss of Rs 25.33 lakhs in Q1 FY2026. This represents a substantial increase in losses quarter-over-quarter.
Half-Year Results: For the half-year ended September 30, 2025, the company's net loss stood at Rs 63.91 lakhs, a significant deterioration from the Rs 12.99 lakhs loss reported in the corresponding period of the previous year.
Revenue and Expenses: The company's total income for Q2 FY2026 was Rs 9.36 lakhs, down from Rs 22.46 lakhs in Q1 FY2026. Total expenses for the quarter were Rs 49.95 lakhs, slightly higher than the Rs 48.06 lakhs reported in the previous quarter.
Key Financial Metrics
| Particulars (in Rs Lakhs) | Q2 FY2026 | Q1 FY2026 | H1 FY2026 |
|---|---|---|---|
| Total Income | 9.36 | 22.46 | 31.82 |
| Total Expenses | 49.95 | 48.06 | 98.01 |
| Net Loss | (38.58) | (25.33) | (63.91) |
Balance Sheet Overview
As of September 30, 2025, DCM Financial Services reported:
- Total Assets: Rs 2,059.41 lakhs
- Total Equity and Liabilities: Rs 2,059.41 lakhs
- Equity Share Capital: Rs 2,212.51 lakhs
- Other Equity: Rs (7,288.17) lakhs (negative)
Auditor's Observations
The statutory auditors have highlighted significant concerns in their report, including:
- Non-provision of interest worth Rs 143.07 lakhs on debentures and fixed deposits for the quarter.
- Unprovided interest on debentures and fixed deposits amounting to Rs 1,683 lakhs.
- Total financial indebtedness of Rs 56.99 crores, including Rs 14.17 crores in bank loans and Rs 16.03 crores in unlisted debt securities.
- Ongoing legal disputes, including arbitration with NBCC Ltd involving Rs 288.29 lakhs.
Management Comments
The company operates under a court-appointed One Man Committee scheme for resolving depositor disputes. The management has not provided any specific comments on the financial performance or future outlook in the released statements.
Conclusion
DCM Financial Services Limited continues to face significant financial challenges, with widening losses and substantial liabilities. The company's ability to turn around its performance remains uncertain, given the ongoing legal disputes and financial constraints.
Investors and stakeholders should closely monitor the company's efforts to address its financial obligations and improve its operational performance in the coming quarters.
Historical Stock Returns for DCM Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.90% | -4.17% | -2.99% | -34.17% | -20.72% | +451.00% |
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