BSEVirat Leasing LtdHighNeutral
Announced Fri, 13 Feb · 17:48 IST

The Board at their meeting held on today, considered and approved the unaudited financial results for the quarter and nine months ended 31.12.2025

Pat NegativeEbitda Margin CompressionResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Virat Leasing's board approved the unaudited results for the third quarter and nine months ended 31 December 2025, with the auditor (Surajit Roy and Associates) issuing a clean limited review report. The company swung to a net loss of Rs. 103.75 lakhs in Q3 FY26 from a profit of Rs. 16.32 lakhs in the previous quarter and a loss of Rs. 6.89 lakhs in Q3 FY25. The quarterly loss was driven mainly by a sharp Rs. 120.30 lakh Net Loss on Fair Value Change of investments, which pushed total expenses to Rs. 128.83 lakhs versus just Rs. 9.6 lakhs in Q2. For the nine-month period, the net loss widened to Rs. 83.52 lakhs from Rs. 41.91 lakhs a year ago, nearly doubling year-on-year. Revenue from operations remained broadly flat at Rs. 71.11 lakhs for 9M FY26 versus Rs. 71.50 lakhs in 9M FY25.

Likely market impact

The steep quarterly swing into losses, driven by mark-to-market hits on investments, is likely to weigh on sentiment around the stock. With persistent losses, weak revenue, and no clear earnings recovery visible, near-term shareholder returns look challenging.