Vaarad Ventures reports net loss for FY26

1 min read Updated on 29 May 2026, 05:39 PM

Reviewed by

Shriram SScanX News Team

AI Summary

Vaarad Ventures Limited reported a consolidated net loss of ₹21.90 lakh for the year ended March 31, 2026, with zero revenue from operations. The standalone net loss for the period was ₹15.47 lakh. The Board of Directors approved the audited financial results on May 28, 2026.

*this image is generated using AI for illustrative purposes only.

Vaarad Ventures Limited reported a consolidated net loss of ₹21.90 lakh for the year ended March 31, 2026, with zero revenue from operations. The company's standalone net loss for the same period stood at ₹15.47 lakh. The Board of Directors approved the audited financial results on May 28, 2026.

For the quarter ended March 31, 2026, the company recorded a consolidated net loss of ₹3.95 lakh and a standalone net loss of ₹1.99 lakh. Revenue from operations remained at 0.00 for both the quarter and the full year across standalone and consolidated financial statements.

The paid-up equity share capital remained constant at ₹2,499.03 lakh, with a face value of Re. 1 each. Earnings per share (EPS) for the year ended March 31, 2026, was reported as (0.010) on a basic and diluted basis.

The Audit Committee reviewed the results, and the Statutory Auditors audited the financial statements. The detailed results are available on the BSE website and the company's official website.

Financial Results for the Year Ended March 31, 2026

Particulars	Standalone Year Ended 31/03/2026	Consolidated Year Ended 31/03/2026
Revenue from Operations	0.00	0.00
Net Profit / (Loss) for the period	(15.47)	(21.90)
Paid up Equity Share Capital	2499.03	2499.03
Earnings per share (Basic & Diluted)	(0.010)	(0.010)

Figures in ₹ Lakhs

Historical Stock Returns for Vaarad Ventures

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.49%	+7.23%	-3.45%	-18.78%	-25.77%	+133.33%

What strategic initiatives does Vaarad Ventures plan to implement to generate revenue from operations in the upcoming fiscal year?

How does the company intend to manage its operating expenses to reduce the widening gap between standalone and consolidated net losses?

With zero revenue and constant paid-up capital, are there plans to raise fresh capital or secure funding to sustain operations?

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Vaarad Ventures reports loss for FY26

2 min read Updated on 29 May 2026, 12:22 AM

Reviewed by

Suketu GScanX News Team

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AI Summary

Vaarad Ventures Limited reported a standalone loss of ₹15.47 lacs for FY26, widening from ₹11.35 lacs in the previous year, while consolidated losses narrowed to ₹21.90 lacs. The Board approved the audited results on May 28, 2026, with auditors noting unaudited subsidiary statements and partial non-compliance with audit trail rules. Total assets decreased to ₹3,106.06 lacs on a standalone basis and ₹2,829.54 lacs on a consolidated basis.

*this image is generated using AI for illustrative purposes only.

Vaarad Ventures Limited reported a loss for the financial year ended March 31, 2026, as the company's Board of Directors approved the audited financial results on May 28, 2026. The meeting, held in Mumbai, concluded with the declaration that there are no adverse comments in the Audit Report. The company confirmed that the results will be published in the Business Standard and Mumbai Lakshadeep newspapers.

The auditors, J. D. Jhaveri & Associates, issued an unmodified opinion on the standalone and consolidated financial statements. The report noted that the financial statements of subsidiary companies were not audited for the year ended March 31, 2026, and the auditors relied on unaudited financial statements certified by the management. The auditors also highlighted that the company maintains certain records in Microsoft Excel, which lacks an audit trail feature, resulting in a partial non-compliance with Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014.

The standalone financial statements reveal a loss before tax of ₹15.47 lacs for FY26, compared to a loss of ₹11.35 lacs in the previous year. The company reported a net cash outflow from operating activities of ₹3.20 lacs. Total assets stood at ₹3,106.06 lacs as of March 31, 2026, a decrease from ₹3,382.92 lacs in the previous year. Equity share capital remained constant at ₹2,499.03 lacs, while other equity decreased to ₹398.38 lacs from ₹413.63 lacs.

On a consolidated basis, the company reported a loss before tax of ₹21.90 lacs for FY26, widening from a loss of ₹23.35 lacs in FY25. Total consolidated assets were ₹2,829.54 lacs, slightly down from ₹2,830.13 lacs in the prior year. Consolidated equity decreased to ₹2,207.17 lacs from ₹2,229.07 lacs. The net cash generated from operating activities was negative at ₹21.72 lacs.

The auditor's report also disclosed a dispute regarding income tax dues amounting to ₹51.44 lacs for FY 2009-10, which is pending before the Assessing Officer in Mumbai. The company confirmed it has not incurred cash losses during the financial year covered by the audit or the immediately preceding financial year. There were no material uncertainties regarding the company's ability to meet its liabilities within one year from the balance sheet date.

Standalone Financial Highlights (FY26)

Metric	Amount (₹ in Lacs)
Loss Before Tax	15.47
Net Cash from Operating Activities	(3.20)
Net Cash from Investing Activities	(13.32)
Net Cash from Financing Activities	18.53
Total Assets	3,106.06
Total Equity	2,897.41

Consolidated Financial Highlights (FY26)

Metric	Amount (₹ in Lacs)
Loss Before Tax	21.90
Net Cash from Operating Activities	(21.72)
Net Cash from Investing Activities	(13.32)
Net Cash from Financing Activities	36.96
Total Assets	2,829.54
Total Equity	2,207.17