Vantage Knowledge Academy reported a net profit of ₹10.39 lakh for the quarter and three months ended June 30, 2026, marking a significant turnaround from the net loss of ₹60.17 lakh recorded in the previous quarter (Q4FY26). The company’s Board of Directors approved the unaudited financial results on August 13, 2026.

Revenue from operations stood at ₹45.75 lakh, down 51% year-on-year from ₹93.41 lakh in Q1FY26 but up 410% quarter-on-quarter from ₹8.96 lakh in Q4FY26. Total income for the period was ₹46.11 lakh, compared to ₹39.60 lakh in the prior quarter and ₹94.85 lakh in the same period last year. Other income contributed ₹0.36 lakh, a sharp decline from ₹30.64 lakh in Q4FY26.

Financial Performance

Total expenditure decreased to ₹35.72 lakh from ₹87.94 lakh in Q4FY26 and ₹52.40 lakh in Q1FY26. This reduction was primarily driven by:

• Employee benefits expenses: Fell to ₹13.37 lakh from ₹27.46 lakh in the previous quarter.
• Depreciation and amortisation: Dropped sharply to ₹6.36 lakh from ₹55.72 lakh in Q4FY26.
• Other expenses: Increased to ₹15.99 lakh from ₹4.76 lakh in the prior quarter.

The company reported no finance costs or cost of materials consumed during the quarter. There were no exceptional items reported. Tax expenses were nil for the current quarter, compared to ₹11.83 lakh (comprising ₹4.25 lakh current tax and ₹7.58 lakh deferred tax) in Q4FY26.

What the Numbers Show

The shift from a net loss of ₹60.17 lakh in Q4FY26 to a net profit of ₹10.39 lakh in Q1FY27 was largely driven by a significant reduction in non-cash and operational expenses rather than revenue growth. Depreciation and amortisation expenses fell by approximately 89% quarter-on-quarter, while employee benefits costs were cut by nearly half. Despite this profitability, revenue from operations remained significantly below the previous year’s level, indicating that the current quarter’s bottom-line improvement stems from cost containment rather than top-line expansion. The absence of tax expense in the current quarter further aided the bottom line, contrasting with the significant deferred tax provision made in the previous quarter.

Auditor Review

The statutory auditor, Bhatther & Associates, issued a limited review report on the financial results. The report stated that nothing came to their notice to suggest the statement did not disclose required information or contained material misstatements. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410. The audit committee reviewed and approved the unaudited results before they were presented to the Board.

Key Metrics

The company operates in a single segment. Paid-up equity share capital remained unchanged at ₹3,414.75 lakh. The face value of equity shares is ₹1.00.

Vantage Knowledge Academy Ltd has approved the incorporation of a wholly owned subsidiary in the United Kingdom to promote and expand its educational business activities. The Board of Directors, at its meeting held on July 18, 2026, authorized designated officials to complete necessary statutory and regulatory formalities for the new entity. Additionally, the Board approved a proposal to offer discounted coupons or vouchers to shareholders for the company's educational courses.

The meeting also resulted in significant changes to key managerial personnel. Ms. Neeta Rajesh Dedhia resigned from the position of Managing Director effective July 20, 2026, due to personal reasons. The Board accepted her resignation and placed on record its appreciation for her contributions. Mr. Rajesh Chapshi Dedhia, currently serving as Executive Director, was appointed as the Managing Director and Chairperson of the Board of Directors for a term of five years effective July 20, 2026. This appointment is subject to shareholder approval under the Companies Act, 2013 and SEBI regulations.

Change in Key Managerial Personnel

Ms. Neeta Rajesh Dedhia stepped down from her role effective the close of business hours on July 20, 2026. Mr. Rajesh Chapshi Dedhia will succeed her for a consecutive period of five years, commencing from the financial year 2026-27 until the conclusion of the annual general meeting for the financial year 2030-31. He is the spouse of Ms. Neeta Rajesh Dedhia.

Profile of New Managing Director

Mr. Rajesh Chapshi Dedhia brings over 25 years of experience in finance, accounts, auditing, taxation, risk management, and cross-border acquisitions. His expertise includes investor relations, cost control, business strategy, corporate governance, and secretarial compliances.

Board Decisions and Approvals

The Board deferred the agenda item relating to the reclassification of promoters to a subsequent meeting. The meeting commenced at 04.45 pm and concluded at 06.35 pm. Disclosures regarding the change in key managerial personnel were made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.