5222612026-01-012026-03-315222612026-03-315222612025-03-315222612025-04-012026-03-315222612026-01-012026-03-31in-capmkt:OtherExpenses1Member5222612025-04-012026-03-31in-capmkt:OtherExpenses1Member5222612026-03-31OtherNoncurrentAssetsDomain15222612026-03-31OtherCurrentFinancialAssetsDomain15222612026-03-31OtherCurrentAssetsDomain15222612026-03-31OtherCurrentFinancialLiabilitiesDomain15222612026-03-31OtherCurrentLiabilitiesDomain15222612026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15222612025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15222612026-01-012026-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares522261DOLPHINNOTLISTEDINE920A01037Dolphin Offshore Enterprises (India) LimitedMain BoardEquity2025-04-012026-03-312026-05-052026-04-28INRLakhsQuarterlyFourth quarterSingle segmentOil and Gas Offshore Support Services2026-05-0512:00:002026-05-0513:50:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31AuditedConsolidated453557000116710000570267000165396000005358000486690004944200015993800042880300014146400001414640005972000-147777000-14180500002832690000000283269000769240003601930003601930000004000500017.087.08007.087.081. The above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on May 5, 2026. <BR> <BR> 2. The statutory auditors have carried out Audit of the above results as per Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. <BR> <BR> 3. The above consolidated financial results comprise the results of Dolphin Offshore Enterprises India Limited (Parent Company) and Three subsidiaries (Parent Company and its subsidiaries together referred to as “the Group”). <BR> <BR> 4. The Consolidated Financial results for the quarter and year ended March 31, 2026 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 recognized accounting practices and policies to the extent applicable. <BR> <BR> 5. The Company operates in a single segment and in line with Ind AS - 108 - "Operating Segments", the operations of the Company fall under "Oil & Gas Offshore Support Services" which is considered to be the only reportable business segment. <BR> <BR> 6. The Company has incorporated a wholly owned subsidiary “Beluga International (IFSC) Private Limited. The Company received certificate of incorporation on 9th March 2026, however the approval of IFSC is still pending. The authorized share capital of company is Rs. 2,00,00,000 divided into 2,00,00,000 Equity Share of Rs. 1 each. The company is still in the process of opening the subsidiary Company’s bank account, accordingly the paid-up capital has not yet been infused. Expenses of incorporation done by holding Company stands as receivable in books of accounts. <BR> <BR> 7. The Company has recognized additional deferred tax assets on approved carried forward losses and unabsorbed depreciation of Previous Years based on management’s assessment of future taxable profit. Accordingly, the net deferred tax asset for the quarter and year ended amounts to Rs. 1,397.08 lakhs and Rs. 1,065.49 lakhs respectively as at March 31, 2026 has been recorded in accordance with the requirements of Ind AS 12 – Income Taxes. <BR> <BR> 8. During the previous year, Beluga International DMCC, a wholly owned subsidiary of the Company, made Preference share investment of USD 2.2 million in HF Hunter Shipping Pte. Ltd. Further, during the current year, an additional Preference share investment of USD 0.37 million was made. <BR> <BR> 9. Based on a detailed evaluation of the ageing and recoverability of trade receivables, including balances pertaining to earlier periods, the management has recognized an Expected Credit Loss (ECL) provision of Rs. 904.95 lakhs for the quarter and year ended March 31, 2026. <BR> <BR> 10. The figures for the corresponding previous periods have been regrouped/rearranged wherever necessary, to make them comparable. <BR> <BR> <BR> 11. The Consolidated financial results for the quarter ended March 31, 2026 and March 31, 2025 are the balancing figures between the audited figures in respect of the full financial year and published year to date figures of the third quarter of the respective financial year which were subject to limited review by Auditors. <BR> <BR> 2025-04-012026-03-31AuditedConsolidated11642040001742030001338407000229743000007656000142374000156472000203051000739296000599111000059911100035391000-121659000-8626800006853790000000685379000124853000810232000810232000000400050001349427400017.1317.130017.1317.13Other159938000Other20305100030894390000000001568080006930003246940000033791600023267220009907700057200002500002764537000061682000282621900037120000607687100040005000349427400035342790003534279000203207600000203207600002032076000001884410001884410007845900026690000010093200014268400051051600025425920006076871000Other Non-current Assets 693000other250000other61682000Other78459000other1009320001423740000-4346290000-546340000087900000433800001125510000156472000000000039000-172984000000-1988000904950000-149254000449857000000-3561000045341800000000000501000007350940000640550000000000000000000370000-39000-74905100000000000353340000000422690000031107100015438000015438000836390009907700000Foreign Currency Translation Reserve 7692400076924000Foreign Currency Translation Reserve 1248530001248530000076924000124853000AuditedtrueM/s Mahendra N. Shah & Cotrue2027-05-31