The Board at their meeting approved the financials for 31.03.2025 and also approved the appointment of internal auditor for the financial year 2025-26 and also approved RPT for 31.03.2025
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Virat Leasing's board approved audited financial results for Q4 and FY ended March 31, 2025. The statutory auditor (Surajit Roy & Associates) issued an unmodified (clean) opinion on the results. Total income rose modestly to Rs. 93.20 lakh (FY24: Rs. 87.52 lakh), but the company swung to a deeper net loss of about Rs. 29.24 lakh for FY25 versus Rs. 13.09 lakh loss in FY24, driven mainly by a Rs. 74.41 lakh net loss on fair value changes of investments. The board appointed M/s Srimal Jain & Co. as internal auditor for FY26, deferred the secretarial auditor appointment to the next meeting, and approved related party transactions for the half-year ended March 31, 2025. Cash flow from operations was marginally positive at Rs. 1.74 lakh.
Negative for shareholders — losses have widened sharply despite stable revenue, primarily due to mark-to-market losses on investments. The clean audit opinion and routine RPT/internal auditor approvals are procedural and unlikely to move the stock; the deeper loss is the key concern for investors.