BSEVirat Leasing LtdMediumNeutral
Announced Tue, 12 Aug · 19:46 IST

The Board considered and approved unaudited financial results for the quarter ended 30.06.2025 and also took note of internal audit report for the financial year 31.03.2025

Revenue DeclineResults View source PDF

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AI summary

The Board of Virat Leasing Ltd approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) along with a clean Limited Review Report from statutory auditors Surajit Roy and Associates. Revenue from operations fell to Rs. 22.50 lakhs from Rs. 27.29 lakhs in the same quarter last year, a YoY decline of around 17.6%. Profit after tax dropped sharply to Rs. 3.90 lakhs versus Rs. 12.55 lakhs in Q1 FY25 (~69% fall), and EPS came in at Rs. 0.02 vs Rs. 0.10 earlier. However, Other Comprehensive Income of Rs. 65.33 lakhs (from fair value gains on non-current investments) pushed Total Comprehensive Income to Rs. 69.24 lakhs. The Board also took on record the internal audit report from M/s Srimal Jain & Co. for FY25.

Likely market impact

Core operating performance weakened meaningfully with falling revenue and sharply lower profits, though investment portfolio revaluation cushioned overall comprehensive income. For a small NBFC, the absolute earnings base is thin and the YoY profit contraction is a negative signal for shareholders.