Diensten Tech Limited Reports Quarterly Financial Results and Provides IPO Fund Utilization Update

Diensten Tech Limited Reports Quarterly Financial Results and Provides IPO Fund Utilization Update

Diensten Tech Limited Reports Quarterly Financial Results and Provides IPO Fund Utilization Update​

Diensten Tech Limited has reported its unaudited financial results for the quarter ending June 30, 2026, offering both consolidated and standalone performance data. The company also provided an update on the utilization of funds raised during its Initial Public Offer (IPO) as of the same period.

Quarterly Financial Performance​

The Board of Directors approved the unaudited financial results (Standalone and Consolidated) for the quarter ending June 30, 2026. Both sets of statements were reviewed and recommended by the Audit Committee prior to approval.

Consolidated Financial Results:
For the quarter ended June 30, 2026, the Group generated a Total income from operations of 6,653.59 ¥ Lakhs (11016 in Other Income and 6,543.43 in Revenue from Operations). Total expenses were recorded at 6,420.21 ¥ Lakhs for the quarter. The company reported a Profit (Loss) from Operations before exceptional items of 22438 ¥ Lakhs.

The consolidated statement showed the following financial summaries for the respective periods:

ParticularsQ Ended June 30, 2026 (Unaudited)Q Ended March 31, 2026 (Audited)Q Ended June 30, 2025 (Unaudited)Year Ended March 31, 2026 (Audited)
Revenue from Operations6,543.435940.452,214.8616,278.91
Other Income11,01652.0626.32151.26
Total income from operations6,653.595,992.512,241.1816,430.17
Total expenses6,420.215,706.362,318.57253.88
Profit from Operations before exceptional Items22438286.15(77.39)-

Standalone Financial Results:
In the standalone financial results for the same quarter, revenue from operations stood at 5,801.71 ¥ Lakhs. Total income from operations reached 5,981.48 ¥ Lakhs, against which total expenses were 5,806.61 ¥ Lakhs. The company recorded a Profit/ (Loss) from Operations before exceptional items of 174.87 ¥ Lakhs.

Details from the standalone results for the periods are provided below:

ParticularsQ Ended June 30, 2026 (Unaudited)Q Ended March 31, 2026 (Audited)Q Ended June 30, 2025 (Unaudited)Year Ended March 31, 2026 (Audited)
Revenue from Operations5,801.715,167.821,860.7813,936.75
Other Income89.7725.0616.8172.88
Total income from operations5,981.485,192.881,977.6914,009.63
Total expenses5,806.614,970.262,049.9813,897.36
Profit/ (Loss) from Operations before exceptional items174.87222.63(72.39)11227

IPO Fund Utilization Details​

The company also disclosed the utilization of funds raised through its Initial Public Offer (IPO), which was listed on July 03, 2024. The total amount raised was 2,208 Lakhs.

A statement confirmed that there is a deviation in the use of the IPO proceeds. This variation was approved by shareholders via remote e-voting on December 27, 2024, authorizing the funds to be used for General Corporate Purpose, payments related to business acquisitions or transfer agreements, or loan repayments, in addition to the original objects.

The utilization details across the specified objects are summarized below:

Object as Disclosed in Offer DocumentOriginal Allocation (¥ Lakh)Actual Utilised Amount (¥ Lakh)Unutilised Amount (%)
Payment of liability for Professional Services and Training Division business acquired from J K Technosoft Limited381.03381.030.00
Working Capital Requirement1,176.97949.30227.67
General Corporate Purpose358.14100.00258.14
Issue Expense201.86297.36(5.50)

As of June 30, 2026, the unutilised amount amounted to 480.31 Lakhs, which has been temporarily invested in fixed deposits with Scheduled Banks.

Key Operational Updates​

The company also provided updates regarding its corporate structure and capital activities:

  • Warrants Allotment: During the quarter ended June 30, 2026, Diensten Tech Limited allotted 398,800 fully convertible warrants on a preferential basis at an issue price of 115 per warrant, aggregating to 2458.62 Lakhs.
  • Stock Options: The company granted 266,400 stock options to eligible employees under the Diensten Tech Limited Employee Stock Option Plan 2024 during the financial year ended March 31, 2025.

DTL Stock Price Movement​

Today, shares of Diensten Tech Limited closed flat, settling at ₹120 after a trading session that saw no change in price. The company recorded a total traded volume of 14,400 shares during today's market activity.
 

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