Duke Offshore Ltd Reports Net Loss for Quarter Ended June 30, 2026
Duke Offshore Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a net loss for the period, reflecting a challenging operational environment despite a reduction in certain expenditure heads compared to the same period last year.The company's total income for the quarter stood at Rs. 5.96 Lakhs, representing a decline from the Rs. 6.50 Lakhs reported in the quarter ended June 30, 2025. Total expenses for the current period were recorded at Rs. 34.02 Lakhs, down from Rs. 46.06 Lakhs in the previous year's corresponding quarter.
The financial performance of Duke Offshore Limited is detailed in the table below:
| Particulars | Quarter Ended June 30, 2026 (Rs. in Lakhs) | Quarter Ended June 30, 2025 (Rs. in Lakhs) | Year Ended March 31, 2026 (Rs. in Lakhs) |
|---|---|---|---|
| Other Income | 5.96 | 6.50 | 155.48 |
| Total Income | 5.96 | 6.50 | 155.48 |
| Employee Benefits Expense | 13.91 | 21.23 | 104.17 |
| Finance Costs | 0.41 | - | 1.67 |
| Depreciation/Amortisation | 4.17 | 10.02 | 51.34 |
| Other Expenses | 15.53 | 14.81 | 63.12 |
| Total Expenses | 34.02 | 46.06 | 220.30 |
| Profit/(Loss) Before Tax | (28.06) | (39.56) | (64.82) |
| Profit/(Loss) After Tax | (28.06) | (39.56) | (64.82) |
| Total Comprehensive Income | (28.06) | (39.56) | (63.96) |
| Earnings per Equity Share (Basic) | (0.28) | (0.40) | (0.68) |
The company noted that the figures for the quarter ended March 31, 2026, are balancing figures between the audited figures for the full financial year ended March 31, 2026, and the published year-to-date figures up to the third quarter ended December 31, 2025.
The results for the quarter were reviewed by the Audit Committee and approved by the Board of Directors on July 17, 2026. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS).
Stock Price Movement
Duke Offshore Ltd shares settled higher at ₹31.41, up 1.98% on Friday's close. The stock traded completely flat throughout the day, remaining locked at a consistent price of ₹31.41.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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