DOLPHIN2023-10-012023-12-31 DOLPHIN2023-10-012023-12-31 DOLPHIN2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member DOLPHIN2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member DOLPHIN2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 522261 DOLPHIN NOTLISTED Dolphin Offshore Enterprises (India) Limited Equity 2023-04-01 2024-03-31 2024-02-03 2024-01-27 INR Lakhs Third quarter 12:00:00 16:45:00 2024-02-03 2024-02-03 Not applicable Single segment Offshore Support Services 2023-10-01 2023-12-31 Unaudited Standalone 17825000.00 1448000.00 19273000.00 4788000.00 0.00 0.00 629000.00 344000.00 3815000.00 5193000.00 14769000.00 4504000.00 0.00 4504000.00 0.00 0.00 0.00 0.00 4504000.00 0.00 0.00 0.00 0.00 4504000.00 0.00 4504000.00 4504000.00 0.00 40005000.00 10 1.34 1.34 0.00 0.00 1.34 1.34 0.00 0.00 0.00 Notes: 1. The above financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Company in their respective meetings held on February 03, 2024. 2. The statutory auditors of the company have carried out “Limited Review” of aforesaid results as per Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. 3. The Financial results for the quarter and nine months ended December 31, 2023 have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 4. The Company operates in a single segment and in line with Ind AS - 108 - Operating Segments , the operations of the Company fall under Offshore Support Services which is considered to be the only reportable business segment. 5. During the quarter, Company has successfully carried out issue and allotment of 8,42,000 Equity shares of Face value of Rs.10 each to Qualified Institutional Buyers (QIBs) at an issue price of Rs. 458 per share, aggregating to Rs. 38,56,36,000. Pursuant to the allotment of Equity Shares in the Issue, the paid-up Equity Share capital of the Company stands increased from Rs. 3,15,84,580/- consisting of 31,58,458 Equity Shares to Rs. 4,00,04,580 consisting of 40,00,458 Equity Shares of face value Rs. 10 each. The Gross proceeds from the Issue was Rs. 3856.36 lakh out of which issue expenses of Rs. 30.46 lakhs were incurred and net proceeds from the issue Rs. 3825.90 lakhs are utilized as per below table. Sr. No. Original Object Modified Object, if any Original Allocation (Rs. In Lakhs) Modified allocation, if any Funds Utilised (Rs. In Lakhs) Amount of Deviation/Variation for the quarter according to applicable object Remarks if any 1. Refurbishment and/or acquisition of asset through Subsidiary Nil 2,285.00 Nil 1285.00 1000.00 Invested in Liquid Fund for time being 2. Repayment/Pre-payment in full or in part, of outstanding borrowings availed by our company Nil 1,415.00 Nil 1415.00 Nil Nil 3. General Corporate Purposes Nil 125.90 Nil 37.96 87.94 Pending Utilisation 6. The Board of Directors of the company at the meeting held on December 07, 2023 has approved subdivision of Equity shares of the company having face value of Rs.10 per share into Equity shares having face value of Rs.1 per share subject to approval of shareholders and/or any other regulatory authority, if any. The Shareholders of the company has approved split of equity shares on the meeting held on January 11, 2024 and the Board of Directors of the company has fixed January 25, 2024 as “Record Date” for the said event. 7. The company has incorporated a wholly owned subsidiary “Beluga International DMCC” having registered office in Dubai. The authorized share capital of the company is AED 50,000, divided into 50 shares of AED 1000 each. The company has received its certificate of incorporation on January 10, 2024. 8. The figures of previous quarters / year are reclassified, regrouped, and rearranged wherever necessary so as to make them comparable with current period's figures. Single segment 2023-04-01 2023-12-31 Unaudited Standalone 45196000.00 35451000.00 80647000.00 12163000.00 0.00 0.00 1536000.00 7739000.00 10990000.00 17260000.00 49688000.00 30959000.00 10150000.00 41109000.00 0.00 0.00 0.00 0.00 41109000.00 0.00 0.00 0.00 0.00 41109000.00 0.00 41109000.00 41109000.00 0.00 40005000.00 10 12.23 12.23 0.00 0.00 12.23 12.23 0.00 0.00 0.00 Other Expenses 5193000.00 Other Expenses 17260000.00