Dolphin Offshore Reports Q1 Results and Announces Key Board Appointments

2 min read     Updated on 22 Jul 2025, 06:12 PM
scanxBy ScanX News Team
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Overview

Dolphin Offshore Enterprises (India) Limited announced Q1 financial results and key appointments. The company reported standalone revenue of Rs 40.00 lakhs and net profit of Rs 124.08 lakhs. Consolidated revenue was Rs 1,644.30 lakhs with net profit of Rs 1,113.26 lakhs. Ms. Aishwarya Parekh was appointed as Secretarial Auditor for five years, while Mrs. Shivangi Digant Shah was appointed as Additional Non-Executive Independent Director for a five-year term, both subject to shareholder approval.

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

Dolphin Offshore Enterprises (India) Limited has announced its unaudited financial results for the first quarter, along with key leadership appointments, as approved by the company's Board of Directors on July 22, 2025.

Financial Performance

The company reported standalone revenue from operations of Rs 40.00 lakhs for Q1. On a consolidated basis, Dolphin Offshore reported revenue from operations of Rs 1,644.30 lakhs for the quarter.

The standalone net profit for Q1 was Rs 124.08 lakhs. On a consolidated basis, the net profit reached Rs 1,113.26 lakhs.

Key Appointments

The Board of Directors made two significant appointments:

Secretarial Auditor

Ms. Aishwarya Parekh has been appointed as the Secretarial Auditor for a five-year term, subject to shareholder approval.

Additional Non-Executive Independent Director

Mrs. Shivangi Digant Shah has been appointed as an Additional Non-Executive Independent Director for a five-year term from July 22, 2025, to July 21, 2030, subject to shareholder approval at the upcoming Annual General Meeting.

These appointments are part of Dolphin Offshore's efforts to strengthen its corporate governance and compliance framework.

Company Operations

Dolphin Offshore operates in the offshore support services segment, providing integrated services for offshore energy operations. Their offerings include specialized vessels, logistics, and subsea services.

Investors and stakeholders will be keenly watching how these new appointments and the company's financial performance will impact Dolphin Offshore's future growth and strategic direction in the offshore support services sector.

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