Audited financial results for the quarter and year ended on 31st March 2026 approved by the Board of Directors at their meeting held on 31st March 2026 is attached herewith.
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V B Desai Financial Services reported net profit of Rs 86.90 lakhs for FY26, a 55.5% increase from Rs 55.87 lakhs in FY25. Total income grew 18% to Rs 393.58 lakhs, driven primarily by a 121% surge in other income (Rs 109.75 lakhs vs Rs 49.74 lakhs), while revenue from operations remained flat at Rs 283.83 lakhs. The company operates only in financial services segment. EPS improved to Rs 1.92 from Rs 1.23. The auditors from N.S. Shetty & Co. issued an unmodified (clean) opinion, confirming no material misstatements. Operating cash flow turned positive at Rs 26.03 lakhs, a major recovery from negative Rs 831.16 lakhs in the prior year.
Strong bottom-line growth with 55%+ PAT growth signals operational efficiency gains. The clean audit opinion and positive cash flow recovery are reassuring for investors, though flat revenue growth suggests limited business expansion.