Deccan Polypacks News

Deccan Polypacks Q3 FY26 Loss Widens to ₹2.16 Lakhs

Deccan Polypacks Limited reported a net loss of ₹2.16 lakhs for Q3 FY26 versus ₹1.22 lakhs loss in Q3 FY25. Nine-month losses expanded significantly to ₹33.75 lakhs.

Deccan Polypacks Director Steps Down from Executive Role

Venkata Prudvi Raju Datla resigns as Whole-time Director of Deccan Polypacks Limited effective December 31, 2025, citing personal reasons. He will continue serving as a non-executive Director on the board.

Deccan Polypack Resubmits Quarterly Financials After Stock Exchange Query

Deccan Polypack Limited resubmitted its quarterly financial results for the period ended September 30, 2025, in revised format after BSE raised observations about the previous submission filed erroneously in old format. The company reported a net loss of Rs 2.52 lakhs with total comprehensive loss of Rs 2.52 lakhs, while its other equity declined significantly to negative Rs 1,571.44 lakhs from negative Rs 205.98 lakhs in March 2025.

Deccan Polypack Limited Reports Quarterly Loss of Rs 31.59 Lakhs

Deccan Polypack Limited's Board approved unaudited financial results for the quarter ended September 30, 2025, showing a loss after tax of Rs 31.59 lakhs. The company reported total income of Rs 1.97 lakhs against total expenses of Rs 30.37 lakhs. The balance sheet shows negative other equity of Rs 1,571.44 lakhs and long-term borrowings of Rs 1,363.87 lakhs. The auditors noted that financial results were not prepared on a going concern basis and highlighted uncertainties regarding confirmation of balances, though their report remains unmodified.

Multiple Housing Finance Companies Issue Property Possession Notices Under SARFAESI Act

JM Financial Home Loans Limited, Religare Housing Development Finance Corporation Limited, and Nivara Home Finance Limited have issued possession notices for multiple properties due to loan defaults. The companies exercised powers under the SARFAESI Act after borrowers failed to repay demanded amounts within 60 days of notice. Properties include residential flats and plots across Telangana and Andhra Pradesh, with outstanding amounts ranging from Rs. 4.81 lakh to Rs. 2.03 crore. Additionally, Kerala Financial Corporation transferred a dividend of Rs. 36.01 crore to the state government for financial year 2024-25, recording its best performance in 72 years with net profit of Rs. 98.16 crore. City Union Bank announced quarterly results showing 15% growth in Net Interest Income to Rs. 625 crore for Q1 FY26. Punjab & Sind Bank signed an MoU with Indian School of Business to promote socio-economic development through entrepreneurship and skill enhancement programs.