VLS Finance Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
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VLS Finance Limited reported audited financial results for FY2024-25. Standalone total income fell sharply to Rs 10,362.32 lakhs from Rs 41,009.15 lakhs in FY24, a drop of nearly 75%, mainly because net gains on fair value changes shrank to Rs 7,254.36 lakhs from Rs 37,370.42 lakhs. Standalone profit after tax dropped to Rs 4,532.76 lakhs from Rs 32,021.99 lakhs, with Q4 FY25 actually posting a loss of Rs 4,052.81 lakhs against a Rs 7,416.87 lakh profit a year ago. Basic EPS fell to Rs 13.28 (Rs 91.89 in FY24). The board has recommended a dividend of Rs 1.50 per share (15%) and appointed a new Managing Director, CFO, and auditors. Operating cash flow remained healthy at Rs 20,211.88 lakhs (standalone).
The sharp drop in earnings and a Q4 loss reflect mark-to-market weakness in the company's investment portfolio, which is likely to weigh on the stock. However, a continuing dividend, positive operating cash flows, and a clean (unmodified) audit opinion provide some comfort to shareholders.