Outcome of Board Meeting

**Headline: Dolphin Offshore Enterprises Reports Financial Results Amid Board Meeting** On November 1, 2025, Dolphin Offshore Enterprises (India) Limited conducted a significant Board of Directors me

1 November 2025
5 min read

Headline: Dolphin Offshore Enterprises Reports Financial Results Amid Board Meeting

On November 1, 2025, Dolphin Offshore Enterprises (India) Limited conducted a significant Board of Directors meeting, which commenced at noon and concluded at 2:45 PM. The meeting primarily focused on the approval of the unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025, as well as the corresponding Statement of Assets and Liabilities and Cash Flow Statement.

According to the results, Dolphin Offshore reported total income of ₹112.90 lakhs for the half year, with a net profit of ₹32.44 lakhs. The company's total assets have grown to ₹23,837.31 lakhs, up from ₹20,562.60 lakhs at the previous audit. However, the report noted ongoing concerns regarding the recoverability of old trade receivables from the previous management, which the current team is actively evaluating.

The financial statements were reviewed by the statutory auditors, Mahendra N. Shah & Co., who confirmed compliance with the Indian Accounting Standards (Ind AS) and acknowledged that their review did not reveal any material misstatements.

Dolphin Offshore continues to demonstrate resilience in its financial performance, showing both growth and a commitment to addressing its legacy challenges. The company remains focused on improving its financial standing as it moves forward into the next fiscal periods.

For more detailed insights, visit [Dolphin Offshore's official website](http://www.dolphinoffshore.com).

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