DPSC Limited: Unaudited Financial Results for Q2 FY27 Announced Amidst CIRP
DPSC Limited announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company is under Corporate Insolvency Resolution Process (CIRP) since May 15, 2026. Standalone profit after tax was ₹1,036.33 lakh for the quarter and ₹1,696.62 lakh for the half-year. Consolidated profit after tax was ₹997.52 lakh for the quarter and ₹1,419.07 lakh for the half-year.
The company is under Corporate Insolvency Resolution Process (CIRP), which is a major event that significantly impacts its operations, management, and future prospects.
The company is undergoing CIRP, which introduces significant uncertainty. While financial results are presented, the overall situation is neutral due to the ongoing insolvency proceedings.
DPSC Limited, formerly known as India Power Corporation Limited, announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) following an order by the Hon’ble National Company Law Tribunal (NCLT), Hyderabad Bench, dated May 15, 2026. Consequently, the powers of the Board of Directors are suspended and vested with the Resolution Professional (RP).
The Management Committee meeting, held in lieu of the suspended Board of Directors, convened on November 13, 2026, to consider and approve these financial results. The meeting commenced at 3:00 p.m. and concluded at 5:30 p.m.
The unaudited standalone financial results for the quarter ended September 30, 2026, show total income of ₹16,838.00 lakh and a profit after tax of ₹1,036.33 lakh. For the half-year ended September 30, 2026, total income was ₹36,605.00 lakh, with a profit after tax of ₹1,696.62 lakh. The consolidated financial results for the quarter ended September 30, 2026, reported total income of ₹19,616.94 lakh and a profit after tax of ₹997.52 lakh. For the half-year ended September 30, 2026, total income stood at ₹38,439.78 lakh, with a profit after tax of ₹1,419.07 lakh.
The company is arranging to publish the financial results in newspapers and will upload them on its website, www.indiapower.com. The statutory auditors, M/s. SS Kothari Mehta & Co. LLP, have provided limited review reports on these results. The financial statements have been prepared on a going concern basis, with the RP making efforts to protect and preserve the company's value.
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DPSC Limited filed this with the NSE as a statutory disclosure, categorised under other results related. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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