Outcome of board meeting held on Saturday, 30th May 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
VJTF Eduservices Ltd held its board meeting on May 30, 2026, approving audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The company reported a massive revenue decline - standalone revenue fell to ₹295.03 lakhs from ₹1,427.97 lakhs (down ~79% YoY), with standalone net loss of ₹82.49 lakhs versus net profit of ₹667.55 lakhs in FY2025. Consolidated revenue was ₹300.09 lakhs versus ₹1,696.21 lakhs, with a net loss of ₹8.46 lakhs versus profit of ₹534.20 lakhs. The statutory auditors gave unmodified (clean) opinions on both standalone and consolidated results. The auditors issued an emphasis of matter noting the company (registered as NBFC-ND) has not complied with certain RBI regulatory requirements, though the opinion was not modified. The board also approved related party transactions and appointed Manish Chandak & Associates as internal auditor for FY2026-27.
The company has seen a severe deterioration in financial performance with revenue declining over 79% and turning from profit to loss. The RBI compliance issues flagged by auditors could attract regulatory action. Shareholders should monitor the company's turnaround plan given the substantial decline in core operations.