Outcome of Board Meeting held on 25th May 2026 approving audited financial results for the quarter and yeart ended on 31st March 2026 is attached herewith.
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V B Desai Financial Services Ltd reported audited standalone financial results for Q4 and FY2026. The company achieved total income of Rs. 393.58 lakhs, up 18.3% from Rs. 332.80 lakhs in FY2025. Net profit grew significantly to Rs. 86.90 lakhs compared to Rs. 55.87 lakhs in the previous year, representing a 55.5% increase. Revenue from operations remained nearly flat at Rs. 283.83 lakhs vs Rs. 283.06 lakhs. The auditor N.S. Shetty & Co. issued an unmodified opinion, confirming clean financials with no material uncertainties. The company operates a single segment - Financial Services.
Strong profit growth of 55.5% YoY is positive for shareholders, though flat revenue growth suggests cost control drove earnings. Clean audit opinion with no going concern issues is reassuring for investors.