With the captioned subject, please find attached herewith financial result for the quarter ended 30th June 2025

Going-concern doubtQualified audit opinionEmphasis of matterContingent liabilities increasedResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-1.4%Reaction day

₹1.40

prior close

₹1.41

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.1% vs market

Other Agricultural Products peers, median of 55sector-0.4%-1.0% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 1.0 pts less than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.4

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4-0.3-1.1-0.4-1.0

Next day

-1.4-1.2-0.3-1.4-0.1

+0.0-1.0+1.0-1.8+1.8

-0.7-1.0+0.2-2.0+1.3

-6.4-0.3-6.1-1.5-4.9

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-5.7+1.6-7.3-1.5-4.2

15d

-10.7-0.2-10.5-1.1-9.6

+10.0+1.4+8.6+0.8+9.2

—+0.2—-3.4—

+0.7+0.9-0.2-2.2+2.9

UpDownMarket · Nifty Microcap 250Sector · Other Agricultural Products peers, median of 55Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Vikas WSP Ltd, which has been under Corporate Insolvency Resolution Process (CIRP) since February 2022, submitted a revised outcome attaching the Q1 FY26 results that were missed in the previous day's filing. The company's affairs are managed by Resolution Professional Mr. Darshan Singh Anand, and a resolution plan from M/s Arcbolt Space and Foods Pvt Ltd approved by the Committee of Creditors in August 2022 is still awaiting NCLT approval. The auditor (A.K. Chadda & Co.) issued a qualified conclusion, flagging non-assessment of impairment on tangible assets, unconfirmed balances (including a Rs. 423 crore land parcel under tracing), missing Fixed Asset Register due to a past ransomware attack, and pending reconciliation of creditor claims. The auditor also included an Emphasis of Matter noting continuous losses, current liabilities exceeding current assets, and defaults in borrowings and statutory dues, creating material uncertainty on going concern status. Q1 FY26 shows a profit before tax of around Rs. 1,877.71 lakhs with a tax credit of Rs. 888.31 lakhs, though this is reported in a highly compromised financial reporting environment.

Likely market impact

Shareholders should note the company remains under insolvency proceedings with NCLT approval of the resolution plan still pending, the auditor has issued a qualified review report, and a material going concern doubt has been flagged, making this a high-risk, information-only filing with no clear positive catalyst for the stock.