Dreamfolks Services Limited
Incorporated on April 24, 2008, DreamFolks Services Ltd is India's largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology-driven platform.
What Dreamfolks files
- Others61
- Updates23
- Investor Meet21
- Board Meeting20
- Important15
- PPTs8
Dreamfolks Services is facing an insolvency petition from an operational creditor for Rs. 11.40 Cr. The company strongly disputes the claim, stating provisions are made. It asserts a strong financial position, affirming the matter does not reflect financial stress.
Dreamfolks reports key suppliers Adani Digital, Semolina Kitchens, & Encalm Hospitality intend to discontinue services. Potential material impact on operations. Co. is in talks, seeking injunction for Encalm, and shifting focus to global lounge business and diversified offerings.
Dreamfolks Services has closed certain programs with Axis Bank and ICICI Bank, though contracts remain valid. The company is assessing the material impact, which could be significant, and is actively working to mitigate this. Program activation and deactivation are part of its regular operations, indicating ongoing adjustments in client services.
Dreamfolks Services reported standalone revenue of ₹314.16 Cr and PAT of ₹69.68 Cr for the year. Consolidated figures were similar, with PAT at ₹65.05 Cr. The board has announced a meeting to approve the financial results for the quarter and half-year. DMK Associates are set to be appointed as Secretarial...
Dreamfolks Services has announced a board meeting to review the financial results for the quarter and half-year. Consolidated revenue rose to INR 1,291 Cr from INR 1,135 Cr year-on-year, with profit before tax steady at around INR 90 Cr. The board approved appointing DMK Associates as Secretarial Auditor for five...