Duke Offshore Limited announced its unaudited standalone financial results for the quarter ended December 31, 2025, following approval by the Board of Directors at their meeting held on February 14, 2026. The company operates exclusively in marine engineering and shipping services.

Financial Performance Overview

The company reported revenue from operations of ₹145.14 lakhs for the quarter ended December 31, 2025. However, the company recorded negative other income of ₹1.85 lakhs, resulting in total income of ₹143.29 lakhs for the quarter.

Expense Structure and Profitability

The company's total expenses for the quarter amounted to ₹55.73 lakhs, comprising various operational costs. Employee benefits expenses stood at ₹32.49 lakhs, while finance costs were ₹6.03 lakhs. Depreciation and amortization expenses totaled ₹17.21 lakhs for the quarter.

The company achieved a profit before tax of ₹89.41 lakhs. Notably, there were no current tax expenses recorded for the quarter, and the company reported a net profit of ₹89.41 lakhs, which also represents the total comprehensive income for the period.

Earnings Per Share and Capital Structure

The company reported basic and diluted earnings per share of ₹0.91 each for the quarter (not annualized), based on a face value of ₹10 per share. The paid-up equity share capital remains at ₹985.72 lakhs, with other equity excluding revaluation reserve showing a negative balance.

Regulatory Compliance and Labor Code Impact

The company has recognized the impact of India's consolidated labor legislation framework, which became effective from November 21, 2025. The new codes include the Code on Wages 2019, Code on Social Security 2020, Industrial Relations Code 2020, and Occupational Safety, Health and Working Conditions Code 2020. Management assessed a differential impact of ₹9,40,631 based on internal evaluation and confirmed adequate provisioning in the books as of December 31, 2025.

Auditor Review and Compliance

The statutory auditors, Kirtane & Pandit LLP, issued an unmodified opinion on the financial results for the quarter and nine months ended December 31, 2025. The results were prepared in accordance with Indian Accounting Standards (Ind AS) and comply with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The financial results are available on the BSE Limited website and the company's official website for stakeholder reference.

Source:

Duke offshore Limited has formally notified the BSE about an upcoming board meeting scheduled to review its quarterly financial performance. The company has issued an official intimation regarding this important corporate development.

Board Meeting Details

The board of directors will convene on Saturday, February 14, 2026, at 2:00 PM to conduct official business. The meeting venue has been confirmed as the company's registered office premises.

Meeting Agenda

The board will primarily focus on reviewing the company's financial performance for the quarter ended December 31, 2025. The key agenda items include:

• Consideration and approval of unaudited financial results for Q3FY26
• Any other business matters requiring board approval with the chairperson's permission

Regulatory Compliance

This board meeting notification has been issued in strict adherence to regulatory requirements. The company is fulfilling its obligations under Regulation 29 read with Regulation 33 of the Listing Regulations, ensuring proper disclosure to market participants and maintaining transparency in corporate governance.

Corporate Communication

The official intimation was signed by Venkatesham Gangadhar Busa, Chief Financial Officer, and dispatched to the BSE's Department of Corporate Services. The communication carries the company's official stamp and maintains all required corporate formalities for such regulatory disclosures.