Latest news about DPSC
DPSC
7.34
-0.12(-1.61%)
Company Performance:
View Company Insights1D-1.61%
1M-3.29%
6M-21.16%
1Y-47.42%
5Y-58.53%
More news about DPSC
01Jun 26
India Power accepts CBO resignation effective May 31, 2026
India Power Corporation Limited accepted the resignation of Mr. Pramod Kumar Singh, Chief Business Officer, effective May 31, 2026, due to personal and family reasons. The resignation was approved by the Interim Resolution Professional as the Board of Directors remains suspended under the Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated May 15, 2026.
01Jun 26
India Power FY26 standalone net loss ₹22,975.79 lakh
India Power Corporation Limited reported a standalone net loss of ₹22,975.79 lakh for FY26, compared to a net profit of ₹422.45 lakh in FY25, while consolidated net profit increased to ₹1,281.36 lakh. Revenue from operations rose to ₹64,702.01 lakh on a standalone basis and ₹68,301.28 lakh on a consolidated basis. The results, approved by the IRP on May 30, 2026, feature qualified audit opinions regarding outstanding liabilities and unprovided receivables.
30May 26
India Power re-appoints Anil Kumar Jha as Independent Director
India Power Corporation Limited has re-appointed Mr. Anil Kumar Jha as an Independent Director for a second term of five years effective June 11, 2026, following shareholder approval through a postal ballot. The resolution received 99.86% assent, with Public Non-Institutions and Promoters voting in favour, while Public Institutions opposed it. This re-appointment takes place while the company is under the Corporate Insolvency Resolution Process (CIRP) initiated by the State Bank of India, with the Board's powers currently suspended by the NCLT.
28May 26
India Power Corporation Limited reschedules meeting to May 30
India Power Corporation Limited has postponed its Management Meeting to May 30, 2026, due to insufficient attendance by the suspended Board of Directors. The meeting will approve the audited financial results for FY26. The trading window closure has been revised to June 2, 2026.
20May 26
IPCL cancels board meeting; sets management meet for May 27
India Power Corporation Limited cancelled its board meeting following the NCLT order initiating CIRP. A management meeting will be held on May 27 to approve FY26 results and discuss dividends. The trading window remains closed until May 29.
30Oct 25
DPSC Reports Q2 Revenue Growth Amid Profit Decline
DPSC, an Indian power sector company, released its Q2 financial results. Revenue increased by 25.5% to ₹1.87 billion, while net profit decreased by 6.9% to ₹37.60 million. EBITDA rose significantly by 69.5% to ₹67.80 million, and the EBITDA margin improved to 3.62% from 2.68%. The results show strong top-line growth and improved operational efficiency, despite a slight decline in profitability.
08Apr 25
ChargeT Accelerates EV Charging Network Expansion in Eastern India
India Power Corporation Limited's subsidiary ChargeT is expanding its EV charging infrastructure in Eastern India, targeting 10,000 chargers by 2030. Currently operating over 70 chargers across West Bengal and Tripura, ChargeT has launched a new EV charging hub in Kolkata through DPSC Ltd. The company plans to upgrade the facility with solar power in the future, focusing on sustainable energy practices and strategic market penetration in urban and semi-urban areas.
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