Key Financial Figures

Quarter Ended March 31, 2026 (Audited):

  • Total Revenue from Operations: ₹40.855 lakh
  • Net Profit/(Loss) for the period after Tax: ₹9.451 lakh
  • Earnings Per Share (Basic & Diluted): ₹0.261

Financial Year Ended March 31, 2026 (Audited):

  • Total Revenue from Operations: ₹33.918 lakh
  • Net Profit/(Loss) for the period after Tax: ₹32.514 lakh
  • Earnings Per Share (Basic & Diluted): ₹0.215

Comparative Figures (FY25 Audited):

  • Total Revenue from Operations: ₹(49.347) lakh (loss)
  • Net Profit/(Loss) for the period after Tax: ₹(50.457) lakh (loss)
  • Earnings Per Share (Basic & Diluted): ₹(0.334) (loss)

Capital Structure

  • Equity Share Capital remained unchanged at ₹1,512.940 lakh
  • Other Equity stood at ₹(27,435.308) lakh as of March 31, 2026 versus ₹(27,467.823) lakh as of March 31, 2025

Balance Sheet Position (as at March 31, 2026)

Assets:

  • Total Assets: ₹15,591.85 lakh
  • Non-Current Assets: ₹8,462.933 lakh (including Non-current Investments: ₹8,462.291 lakh)
  • Current Assets: ₹7,128.913 lakh (including Inventories: ₹5,314.467 lakh, Bank Balances: ₹1,713.148 lakh)

Liabilities:

  • Total Liabilities: ₹41,514.215 lakh
  • Non-Current Liabilities: ₹10,944.031 lakh (including Borrowings: ₹10,831.301 lakh)
  • Current Liabilities: ₹30,570.184 lakh (including Borrowings: ₹1,157.713 lakh, Other Financial Liabilities: ₹27,479.518 lakh)

Cash Flow Information

For Year Ended March 31, 2026:

  • Net cash from operating activities: ₹1,384.88 lakh
  • Net cash from investing activities: ₹89.04 lakh
  • Net cash from financing activities: ₹(0.00) lakh
  • Net increase in cash: ₹1,473.92 lakh
  • Cash and cash equivalents at year-end: ₹1,724.63 lakh

Corporate Governance and Compliance

  • The 31st Annual General Meeting will be held on September 23, 2026 through Video Conferencing or Other Audio-Visual Means
  • Trading Window was closed for Directors and KMPs from April 1, 2026 until 48 hours after declaration of financial results
  • Complaints received, disposed, and pending during the year and as on May 26, 2026: NIL

Insolvency Status and Regulatory Context

The Company has been under Corporate Insolvency Resolution Process (CIRP) since March 11, 2024 pursuant to NCLT Order No. C.P. (IB) 314/MB/2023. Management of the company vests with Resolution Professional Mr. Ashok Kumar Golechha (IBBI/IPA-02/IP-N000932/2019-2020/12973).

Canara Bank classified the company's loan account as "Fraud" on February 17, 2026. The application for approval of the Resolution Plan was heard and reserved for orders in the last hearing dated May 7, 2026, with the order still awaited.

Auditor's Qualified Opinion

The statutory auditors, Satya Prakash Natani & Co., issued a qualified opinion noting that certain books of account, supporting documents, and reconciliations relating to various balances including trade receivables, investments, trade payables, borrowings, and statutory dues are under reconciliation/verification as part of the CIRP process.

The auditors were unable to comment on the consequential impact regarding:

  • Expected credit loss/impairment assessment of assets
  • Completeness and accuracy of liabilities and contingent liabilities
  • Claims submitted before and admitted by the Resolution Professional
  • Going concern assumption adopted in financial preparation

The impact on financial results is not ascertainable due to lack of adequate audit evidence.

Additional Information

  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • Company adopted Ind AS 116 "Leases" effective April 1, 2019
  • Figures of previous periods regrouped wherever necessary for current period presentation
  • Full financial results available on BSE website (www.bseindia.com) and company website (www.vasinfrastructureltd.com)