Quarterly Results
Awaiting price reaction for this filing.
Vas Infrastructure Ltd, currently under CIRP (signed by Interim Resolution Professional Ashok Kumar Golechha), reported Q1 FY26 (quarter ended June 30, 2025) results with almost zero revenue from operations and total income of just Rs. 0.033 lakh, down sharply from Rs. 1.288 lakh in Q1 FY25. Total expenses stood at Rs. 17.85 lakh, leading to a net loss of Rs. 17.81 lakh versus a Rs. 11.36 lakh loss in the year-ago quarter — a worsening of about 57%. EPS came in at Rs. (0.118) versus Rs. (0.075) earlier. Other equity is deeply negative at Rs. (27,467.82) lakh, reflecting accumulated losses. The statutory auditor (Satyaprakash Natani & Co.) issued a Qualified Conclusion, flagging a material uncertainty related to going concern since the company is engaged with lenders on a debt resolution plan.
Shareholders should note that the company is under insolvency proceedings, operations have nearly stalled, losses are deepening, and the auditor has flagged a going concern risk — all of which weigh negatively on the stock and signal continued uncertainty until the debt resolution plan is finalised.