Deccan Gold Mines Share Price

Coal & Mining company Deccan Gold Mines announced Q4FY26 & FY26 results Consolidated Financial Highlights: Total Income: Consolidated total income for Q4FY26 was Rs 93.34 million, reflecting an increase of 559.65% QoQ from Rs 14.15 million in Q3FY26 and a surge of 1,894.44% YoY from Rs 4.68 million in Q4FY25. Annual Income: For the full year FY26, consolidated total income was Rs 141.97 million, up 174.23% from Rs 51.77 million in FY25. Net Profit/Loss: Total profit for Q4FY26 stood at Rs 57.35 million, compared to a loss of Rs 221.94 million in Q3FY26. On a YoY basis, profit decreased by 51.46% from Rs 118.16 million in Q4FY25. Annual Net Profit/Loss: The consolidated net loss for FY26 was Rs 644.56 million, compared to a net loss of Rs 427.45 million in FY25. Standalone Financial Highlights: Total Income: For Q4FY26, standalone total income reached Rs 167.89 million, representing a significant increase of 92.82% QoQ from Rs 87.07 million in Q3FY26 and a massive growth of 876.67% YoY from Rs 17.19 million in Q4FY25. Annual Income: For the full year FY26, total income stood at Rs 372.16 million, marking a growth of 719.74% compared to Rs 45.40 million in FY25. Net Profit/Loss: The company turned profitable in Q4FY26 with a net profit of Rs 66.94 million, compared to a net loss of Rs 18.62 million in Q3FY26 and a net loss of Rs 152.20 million in Q4FY25. Annual Net Profit/Loss: For the full year FY26, the company reported a net loss of Rs 132.75 million, showing an improvement from the loss of Rs 466.97 million reported in FY25. Business Highlights Segment-wise Performance: The company operates in a single business segment, namely "Gold Exploration and Mining." Capital Raise via Rights Issue: During the year, the company completed a rights issue of 3,93,37,833 equity shares at Rs 80 per share, raising a total of Rs 314.70 crore. This increased the paid-up equity share capital from Rs 15.76 crore to Rs 19.70 crore. Utilization of Funds: As of March 31, 2026, the company has utilized Rs 314.65 crore from the rights issue proceeds. Major allocations included Rs 203 crore for the full repayment of Inter-Corporate Deposits, Rs 31.50 crore for project development at the Altyn Tor Gold Mine, and Rs 52.69 crore reallocated to subscribe to the rights issue of its associate company, Geomysore Services (India) Private Limited. Employee Incentives: The company allotted a total of 9,50,000 equity shares to employees at a price of Rs 20 each under the "Deccan Gold Mines Limited Stock Incentive Plan, 2024." Strategic Investments: The company expanded its global footprint with the incorporation of Novadhatu Minerals Private Limited and Deccan Mineracao Mozambique LDA during the year. Associate Performance: The Group's Indian associate company, Geomysore Services (India) Private Limited, contributed a share of profit of Rs 74.89 million and a gain of Rs 50.73 million due to a reduction in the percentage of holding for FY26. Hanuma Prasad Modali, Managing Director, Deccan Gold Mines, said: “FY26 marks a pivotal transition for Deccan Gold from an exploration-led company to an emerging production-oriented mining platform with diversified exposure across gold and critical minerals. While the year reflected continued investments and project ramp-up costs, it also marked the beginning of production-linked value creation across our portfolio. The operational progress at Jonnagiri and the profitability reported by our associate company reinforce the long-term potential of our strategic investments. Equally important is the steady progress at the Altyn Tor Gold Project in Kyrgyzstan as it advances toward full-scale commercial production. At a time when resource security, domestic production capabilities, and critical minerals are becoming strategically important globally, Deccan Gold is well positioned across exploration, development, and production-linked assets in multiple jurisdictions. Our focus remains on disciplined execution, responsible growth, and building a globally competitive mining platform aligned with India’s evolving resource priorities.” Result PDF

• Trendlyne
• 1 week 2 days ago

Coal & Mining company Deccan Gold Mines announced Q3FY26 results Revenue from operations: Rs 14.15 million against Rs 10.7 million during Q3FY25, change 32%. PBT: Rs -195.75 million against Rs -256.99 million during Q3FY25, change 24%. PAT: Rs -221.94 million against Rs -245.56 million during Q3FY25, change 10%. EPS: Rs -1.11 for Q3FY26. Result PDF

• Trendlyne
• 3 months 2 weeks ago

Deccan Gold Tanzania Pvt, a wholly-owned arm of Deccan Gold Mines, has discovered gold in the PL block 11524 in the Nzega - Tabora Greenstone belt, Tanzania.

• NDTV Profit
• 2 years 2 months ago