Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Visagar Financial Services Limited reported audited financial results for Q4 and FY ended March 31, 2026. The company posted a net loss with EPS of -0.02 for Q4 FY26 compared to +0.02 in Q4 FY25. Loss before tax for FY26 was Rs 36.04 lakhs, worsening from Rs 16.19 lakhs loss in FY25. Total assets declined to Rs 9,095.84 lakhs from Rs 10,437.24 lakhs. Non-current investments decreased to Rs 1,765.44 lakhs from Rs 2,594.60 lakhs. Borrowings were reduced significantly. The Board also re-appointed Mr. Lakhpat M. Trivedi as Internal Auditor for FY 2026-27. Statutory auditors Bhatter & Associates issued an unmodified (clean) audit opinion on the financial statements.
The widening loss and declining asset base indicate operational challenges for this financial services company. Despite reduced borrowings and positive operating cash flow, the continued losses may concern investors. The clean audit opinion provides assurance on financial reporting accuracy.