We wish to inform you that the Board of Directors of the Company at its meeting held today has approved the following: a) The Audited Financial results (Standalone) for the quarter and ....
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Vardhan Capital & Finance Ltd reported Total Income of Rs 33.54 lakh for FY26, down from Rs 40.11 lakh in FY25. The company posted a net loss of Rs 2.20 lakh, significantly improved from a loss of Rs 11.16 lakh in the previous year. The auditors issued an unmodified opinion but included an Emphasis of Matter paragraph highlighting three key concerns: (1) significant delays in related party projects with stopped interest accrual, (2) unpaid statutory dues of approximately Rs 2.23 crore outstanding for over 6 months due to liquidity constraints, and (3) pending RBI filings for NBFC compliance. The auditors confirmed no going concern uncertainty per management, though liquidity challenges persist.
The company remains loss-making but has narrowed its losses. The Emphasis of Matter by auditors signals elevated risk due to liquidity stress, related party exposure, and compliance issues, which may concern investors despite the unmodified audit opinion.