Vikas Lifecare FY26 results; auditor gives qualified opinion
VIKASLIFE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
FY26 revenue rose to Rs 492.05 cr from Rs 463.58 cr. PAT swung to Rs 86.17 cr profit versus Rs 2.26 cr loss last year, aided by investment remeasurement gains. Auditor gave a qualified opinion over delayed statutory dues, material related party deals without shareholder approval, and non-compliant loans under Section 186. Emphasis of matter flags FEMA lapses on the Ebix UK deal, a Rs 52 cr debenture settlement, and an ED attachment of properties worth about Rs 13.34 cr in the Mahadev Book case. Q4 standalone posted a Rs 23.25 cr loss.
Qualified audit opinion, multiple compliance lapses, and an ED attachment cloud the headline return to profit.