VLS Finance Limited has informed the Exchange that Record date for the purpose of voting in Postal Ballot is 27-Feb-2026.
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VLS Finance reported a sharp swing back to profitability in Q3 FY26, with standalone profit after tax of Rs 1,478.71 lakhs versus a loss of Rs 5,428.16 lakhs in the year-ago quarter, driven mainly by a net gain on fair value changes of Rs 2,061.38 lakhs. For the nine months ended December 2025, standalone PAT stood at Rs 8,081.21 lakhs (slightly lower than Rs 8,585.57 lakhs a year ago), while consolidated PAT rose to Rs 9,629.29 lakhs from Rs 8,603.41 lakhs. Standalone total income for the nine-month period fell to Rs 12,409.79 lakhs from Rs 15,108.47 lakhs, reflecting weaker dividend income and higher other expenses. The statutory auditors issued an unmodified (clean) limited review opinion on both the standalone and consolidated results. The Board also approved a postal ballot notice to restructure the Executive Director's remuneration and fixed February 27, 2026 as the record date for shareholders eligible to vote.
The clean audit opinion and return to quarterly profit are positives, but the decline in nine-month standalone income and the proposed change in executive remuneration may draw shareholder attention at the postal ballot. The recent buyback of around Rs 100 crore at Rs 380 per share has reduced share count, which can support earnings per share going forward.