Mumbai, Aug. 12 -- Total income declined 2.95% YoY to Rs 29.97 crore from Rs 30.88 crore.

Profit before tax stood at Rs 0.29 crore in Q1 FY27, down 32.56% from Rs 0.43 crore in Q1 FY26. Total expenses declined 2.53% YoY to Rs 29.68 crore from Rs 30.45 crore during the quarter. Finance costs stood at Rs 2.18 crore (down 3.11% YoY), while employee benefits expense came in at Rs 18.16 crore (up 4.49% YoY).

On the segmental front, revenue from stockbroking stood at Rs 16.26 crore (down 9.87% YoY), investment banking stood at Rs 9.46 crore (up 3.73% YoY), while unallocated revenue stood at Rs 4.14 crore (up 12.20% YoY) during the period under review.

DAM Capital Advisors is a full-service investment bank providing investment banking and fin...