Outcome of the Board Meeting held today i.e 29th May, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vision Corporation Limited reported audited financial results for FY 2025-26 with revenue crashing to ₹25.59 Lakhs from ₹1,216.40 Lakhs in FY 2024-25, a devastating 97.9% decline. The company posted a net loss of ₹67.44 Lakhs versus the previous year's loss of ₹1,454.83 Lakhs (which included ₹1,831.96 Lakhs in exceptional items related to investment impairments and vendor fraud). Negative Other Equity stands at ₹1,236.73 Lakhs due to accumulated losses. Statutory auditors Bhasin Hota & Co. issued an unmodified (clean) audit opinion but included an Emphasis of Matter paragraph highlighting material uncertainty about the company's ability to continue as a going concern due to persistent losses and declining revenues. The company's inventories (film/content rights) remain at ₹718.75 Lakhs, unchanged from prior year, while cash operating activities showed a negative outflow of ₹301.12 Lakhs. Short-term borrowings increased to ₹179.21 Lakhs.
This is a highly distressed outcome for shareholders. The near-complete collapse in revenue, persistent losses, and negative equity raise serious doubts about the company's survival. Despite a clean audit opinion, the auditor's emphasis on going concern signals extreme financial stress, and investors should brace for potential further deterioration or restructuring.