The Board took note of Internal Audit Report for the year ended 31.03.2025
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Virat Leasing Ltd's Board, meeting on 12th August 2025, approved the unaudited financial results for Q1 FY26 (quarter ended 30 June 2025) along with the Limited Review Report. Total revenue from operations fell to Rs. 22.50 lakhs from Rs. 27.29 lakhs in Q1 FY25, a decline of about 17.6% year-on-year. Profit after tax dropped sharply to Rs. 3.90 lakhs from Rs. 12.55 lakhs in the same quarter last year. For the full FY25 (audited), the company reported a loss after tax of Rs. 30.17 lakhs, driven mainly by a Net Loss on Fair Value Change of Rs. 84.38 lakhs. The Board also took note of the Internal Audit Report for FY ended 31 March 2025 from M/s Srimal Jain & Co. The statutory auditors issued an unmodified limited review conclusion.
Negative near-term picture for shareholders — full-year FY25 closed in the red, and Q1 FY26 saw weaker revenue and sharply lower profit compared to last year, suggesting continued pressure on the NBFC's earnings, though the limited review was clean.