Dreamfolks Services Ltd

The acquisition will be executed through a mix of secondary share purchase and primary subscription, resulting in DreamFolks taking a 60.24% stake in the Dubai-based firm. Once completed, ETT will become a foreign subsidiary of the company. ETT, operating under the brand 'Easy to Travel', provides airport lounge access and fast-track airport services across more than 120 countries and 500 airports. DreamFolks said the deal supports its goals of expanding geographically, diversifying clients and integrating advanced technology into its platform. The company expects the acquisition to strengthen its global lounge business and enhance its service offerings. The transaction is subject to procedural requirements, including filings under the Overseas Direct Investment route and approvals from the Dubai Multi Commodities Centre Authority. DreamFolks expects to complete the deal within 120 business days. Dreamfolks Services is a travel and lifestyle services aggregator, offering a wide range of experiences including airport, railway and visa centre lounge access, social clubs, golf sessions, spa and wellness, F&B deals, beauty services, e-sim, highway dining, and more. Leveraging its proprietary technology platform, the company partners with banks, card networks, airlines, online travel agencies and enterprises to design customised value-added offerings for their customers. The company's consolidated net profit declined 30.25% to Rs 11.23 crore while net sales declined 35.14% to Rs 205.52 crore in Q2 September 2025 over Q2 September 2024. Powered by Capital Market - Live

Net profit of Dreamfolks Services declined 30.25% to Rs 11.23 crore in the quarter ended September 2025 as against Rs 16.10 crore during the previous quarter ended September 2024. Sales declined 35.14% to Rs 205.52 crore in the quarter ended September 2025 as against Rs 316.86 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales205.52316.86 -35 OPM %5.827.28 - PBDT15.8423.01 -31 PBT15.0322.08 -32 NP11.2316.10 -30 Powered by Capital Market - Live

Dreamfolks Services will hold a meeting of the Board of Directors of the Company on 14 November 2025.Powered by Capital Market - Live

The drop came after the company announced on Tuesday, 16 September 2025, that services of domestic airport lounges have been discontinued for its clients with immediate effect. The firm clarified that while domestic lounge access is no longer available, other domestic services and its global lounge business remain operational. It added that contracts with clients continue to remain active, and discussions are underway to provide alternate value propositions. This update follows the company's August 29 disclosure, when it revealed that key suppliers including Adani Digital, Semolina Kitchens and Encalm Hospitality had indicated plans to discontinue lounge-related services. At that time, Dreamfolks had approached the Delhi High Court under Section 9 of the Arbitration and Conciliation Act against Encalm Hospitality while engaging with other suppliers to reconsider their decisions. The company had also warned that any discontinuation could materially impact operations and financial performance. In response, it has accelerated its focus on the global lounge business and diversified offerings to mitigate risks and sustain client relationships. Dreamfolks Services is a travel and lifestyle services aggregator, offering a wide range of experiences including airport, railway and visa centre lounge access, social clubs, golf sessions, spa and wellness, F&B deals, beauty services, e-sim, highway dining, and more. Leveraging its proprietary technology platform, the company partners with banks, card networks, airlines, online travel agencies and enterprises to design customised value-added offerings for their customers. The company's consolidated net profit rose 23.79% to Rs 21.28 crore on a 8.77% rise in revenue to Rs 348.95 crore in Q1 FY26 over Q1 FY25. Powered by Capital Market - Live

Impact of the same is material. The other domestic services and global lounge business will continue as usual,' the company said in a statement. The firm reiterated that contracts with its clients remain active and the discussions with the clients on alternate customer value propositions are in progress. Dreamfolks Services is India's largest airport service aggregator platform. It provides services such as lounges, food and beverages, spa, meet and assist, airport transfer, transit hotels/nap room access and baggage transfer. Clients include major card networks, banks, online travel agents, airlines and enterprises. The company's consolidated net profit rose 23.79% to Rs 21.28 crore on a 8.77% rise in revenue to Rs 348.95 crore in Q1 FY26 over Q1 FY25. On the BSE, over 0.47 lakh shares of the company had changed hands at the counter as compared with the average trading volume of 0.14 lakh shares in the past two weeks.Powered by Capital Market - Live

Dreamfolks Services announced that the Annual General Meeting(AGM) of the company will be held on 29 September 2025.Powered by Capital Market - Live

Net profit of Dreamfolks Services rose 23.79% to Rs 21.28 crore in the quarter ended June 2025 as against Rs 17.19 crore during the previous quarter ended June 2024. Sales rose 8.77% to Rs 348.95 crore in the quarter ended June 2025 as against Rs 320.80 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales348.95320.80 9 OPM %7.727.13 - PBDT29.2824.34 20 PBT28.4923.44 22 NP21.2817.19 24 Powered by Capital Market - Live

Dreamfolks Services will hold a meeting of the Board of Directors of the Company on 7 August 2025.Powered by Capital Market - Live

Gloster Ltd, FCS Software Solutions Ltd, Mukta Arts Ltd and JTL Industries Ltd are among the other losers in the BSE's 'B' group today, 04 July 2025.Dreamfolks Services Ltd crashed 13.65% to Rs 187.6 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 2.58 lakh shares were traded on the counter so far as against the average daily volumes of 72322 shares in the past one month.Gloster Ltd tumbled 5.94% to Rs 773.8. The stock was the second biggest loser in 'B' group.On the BSE, 2038 shares were traded on the counter so far as against the average daily volumes of 1363 shares in the past one month.FCS Software Solutions Ltd lost 5.92% to Rs 2.86. The stock was the third biggest loser in 'B' group.On the BSE, 16.96 lakh shares were traded on the counter so far as against the average daily volumes of 13.16 lakh shares in the past one month.Mukta Arts Ltd slipped 5.61% to Rs 84.05. The stock was the fourth biggest loser in 'B' group.On the BSE, 1314 shares were traded on the counter so far as against the average daily volumes of 1911 shares in the past one month.JTL Industries Ltd fell 5.03% to Rs 73.6. The stock was the fifth biggest loser in 'B' group.On the BSE, 5.76 lakh shares were traded on the counter so far as against the average daily volumes of 83643 shares in the past one month.Powered by Capital Market - Live

However, the company said that its contracts with aforementioned clients are still valid. While the company is currently evaluating the exact potential impact of aforesaid, it is likely to be material in nature. Activation of new programs/ deactivation of existing programs is part of the company's regular business operations. Moreover, the company is committed to take requisite actions for mitigating above impact. Dreamfolks Services is India's largest airport service aggregator platform. Its clients include major card networks, banks, online travel agents, airlines and enterprises. It provides the customers of its clients access to services such as lounges, food & beverage, spa, meet and assist, airport transfer, transit hotels/nap room access and baggage transfer. The company's consolidated net profit rose 32.23% to Rs 17.19 crore on a 20.46% increase in sales to Rs 320.80 crore in Q1 FY25 over Q1 FY24.Powered by Capital Market - Live