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Vas Infrastructure Ltd, currently under Corporate Insolvency Resolution Process (CIRP), has published its audited financial results for Q4 and FY 2025-26. The company reported a net profit of ₹32.51 lakhs for FY26 compared to a loss of ₹50.46 lakhs in FY25, marking a significant turnaround. Q4 FY26 alone showed a net profit of ₹39.45 lakhs versus a loss of ₹10.03 lakhs in Q4 FY25. However, the company's net worth remains severely negative at approximately -₹25,922 lakhs (Equity Capital ₹1,513 lakhs minus accumulated losses of ₹27,435 lakhs). The Resolution Professional reviewed these results on May 26, 2026.
Despite the company returning to profit in FY26, the ongoing CIRP proceedings and deeply negative net worth indicate extreme financial distress. Shareholders should be aware that the company's survival is subject to the insolvency resolution process outcome, and stock value may be highly speculative.