Pursuant to Reg 33 of SEBI (LODR) 2015 we enclose herewith unaudited financial statements for quarter ended 31st December 2025 along with Limited Review Report.
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Awaiting price reaction for this filing.
Vardhan Capital & Finance, an NBFC, reported weak Q3 FY26 results with total revenue from operations of Rs 9.27 lakhs, roughly flat against the previous quarter (Rs 9.41 lakhs) but far below the Rs 29.95 lakhs in the year-ago quarter. The company slipped into a loss of Rs 0.62 lakhs for the quarter, taking the nine-month loss to Rs 5.00 lakhs versus a profit of Rs 27.53 lakhs in the same period last year. The auditor flagged an Emphasis of Matter, highlighting that the company has liquidity issues, unpaid statutory dues of around Rs 2 crore overdue for over six months, and has not filed its NBFC compliance returns with the RBI. Management maintains this is a temporary liquidity squeeze and that there is no going-concern threat.
Negative for shareholders — profitability has swung to losses, and the auditor's note on unpaid statutory dues and pending RBI filings signals financial and regulatory stress, which could weigh on the stock and raise compliance risk.