DAM Capital Q2 Profit Falls Sharply to Rs 13.54 Crore

Revenue from operations reached Rs 54.24 crore for the quarter ended September 30, 2026.
Net profit after tax stood at Rs 13.54 crore for the same period.

Reader Takeaway: Q2 earnings show significant yearly contraction, while sequential recovery highlights stabilization from the previous quarter's low base.

What just happened

DAM Capital Advisors released its consolidated financial results for the quarter ended September 30, 2026, revealing a decline in both revenue and profit compared to the previous year. Revenue fell from Rs 107.05 crore in Q2 FY26 to Rs 54.24 crore in Q2 FY27. Profit after tax decreased from Rs 52.15 crore to Rs 13.54 crore over the same period. However, compared to the June 30, 2026, quarter, the company demonstrated a sequential recovery, improving from Rs 29.86 crore in revenue and Rs 0.15 crore in profit.

Board and Governance Update

The Board of Directors approved key leadership transitions on November 3, 2026. Mr. Kishor Purshottam Thakkar has been appointed as an Independent Director for a five-year term, effective December 14, 2026. Simultaneously, Mr. Rajendra Chitale will conclude his second term as an Independent Director at the close of business on December 14, 2026.

Auditor's Review

KKC & Associates LLP issued an unmodified review conclusion for the company's financial results. Auditors noted that while information for two subsidiaries was not independently reviewed, these entities remain immaterial to the overall group performance.

What to track next

Investors should monitor the impact of the new board appointment on corporate governance and observe whether the sequential growth observed in the September quarter can be sustained in the coming months.