Duke Offshore Limited Reports Widened Losses in Q1 FY2026
Duke Offshore Limited experienced a significant increase in net loss for Q1 FY2026. Total income dropped by 91.32% to Rs. 6.50 lakhs, while net loss widened by 65.04% to Rs. 39.56 lakhs compared to the same quarter last year. Despite a 53.43% reduction in total expenses to Rs. 46.06 lakhs, the company's financial performance deteriorated. The Basic EPS declined to -0.40 Rs. from -0.24 Rs. in Q1 FY2025.