Pursuant to Regulations 30 of SEBI (LODR) Regulations, 2015, we wish to inform you that the Board of Directors of the Company in their meeting held today i.e. Wednesday, August 13, 2025, ....
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Vision Corporation's board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) on August 13, 2025. Revenue from operations crashed to Rs. 22.50 lakhs from Rs. 405.79 lakhs in the same quarter last year, a drop of about 94%. The company reported a net loss of Rs. 9.91 lakhs, narrower than the Rs. 19.57 lakhs loss a year ago. For the full year ended March 31, 2025 (audited), the company posted a total loss of Rs. 1,454.83 lakhs, largely driven by a massive Rs. 1,831.96 lakh exceptional item. Reserves remain deeply negative at minus Rs. 1,179.20 lakhs, and equity share capital stands at Rs. 1,997.01 lakhs. The statutory auditor (Bhasin Hota & Co) issued an unqualified limited review report with no qualifications or observations.
Despite the smaller quarterly loss, the sharp revenue collapse and accumulated negative reserves signal serious operational and balance sheet stress, which could weigh on the stock and raise long-term solvency concerns for shareholders.