Viji Finance returns to profitability in Q1FY27 with net profit of ₹113.71 lakh

Viji Finance returned to profitability in the first quarter of FY27, reporting a net profit of ₹113.71 lakh for the period ended June 30, 2026. This marks a significant turnaround from the net loss of ₹33 lakh recorded in the corresponding quarter of the previous year. The company’s total income for the quarter stood at ₹207.37 lakh, a sharp increase from ₹65.85 lakh in Q1FY26, driven primarily by a surge in other income which reached ₹118.57 lakh compared to ₹9.33 lakh a year ago.

The board of directors approved the unaudited financial results for the quarter ended June 30, 2026, along with the Limited Review Report. Revenue from operations for the quarter was reported at ₹88.80 lakh, up from ₹56.52 lakh in the same period last year. Total expenses for the quarter were contained at ₹54.46 lakh, a decrease from ₹99.23 lakh in the prior year quarter, contributing to the improved bottom line. The basic and diluted earnings per share for the quarter were reported at ₹0.07, compared to a loss of ₹0.02 per share in Q1FY26.

In a major corporate development, the board approved the appointment of Mr. Aryaman Kothari as an Additional Director and Whole-Time Director for a period of three years, effective from July 14, 2026, subject to shareholder approval. The board also accepted the resignation of Mrs. Sejal Riddhesh Shah as an Additional Director, effective from the close of business hours on July 14, 2026. Additionally, the board approved the re-appointment of Ms. Sakshi Chourasiya as a Non-Executive Independent Director for a second term of five years, effective from October 25, 2026, subject to shareholder approval.

The board further approved an increase in the authorized share capital of the company from ₹30 crore to ₹75 crore and the alteration of the relevant clause in the Memorandum of Association relating to share capital. Both proposals are subject to the approval of shareholders at the ensuing Annual General Meeting. The company also noted that 3.04 crore equity shares were allotted upon the conversion of share warrants, increasing the paid-up capital to ₹17.29 crore, though listing approval for these shares is pending with the stock exchanges.

Financial Performance Summary

Particulars	Quarter Ended 30.06.2026 (Unaudited)	Quarter Ended 30.06.2025 (Unaudited)
Total Revenue from Operations	₹88.80 lakh	₹56.52 lakh
Other Income	₹118.57 lakh	₹9.33 lakh
Total Income	₹207.37 lakh	₹65.85 lakh
Total Expenses	₹54.46 lakh	₹99.23 lakh
Net Profit for the period	₹113.71 lakh	-₹33.00 lakh
Earnings Per Share (Basic)	₹0.07	-₹0.02

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.89%	+12.19%	+107.69%	+180.28%	+243.22%	+710.00%

Viji Finance has approved the appointment of Aryaman Kothari as Whole-Time Director and the re-appointment of Sakshi Chourasiya as Independent Director, subject to shareholder approval. The Board of Directors sanctioned these changes based on recommendations from the Audit Committee and the Nomination and Remuneration Committee. The appointments are effective from July 14, 2026, and October 25, 2026, respectively.

Aryaman Kothari has been appointed as an Additional Director and Whole-Time Director for a term of three years, ending on July 13, 2029. He is the son of Vijay Kothari, the Chairman & Managing Director of Viji Finance, and belongs to the promoter group. Kothari holds a Bachelor of Management Studies and possesses over six years of experience in finance, accounts, and business management. He currently holds directorships in two other companies, ARYKO Private Limited and Viji Bioscience Private Limited.

Sakshi Chourasiya has been re-appointed as a Non-Executive Independent Director for a second term of five consecutive years, from October 25, 2026, to October 24, 2031. She holds a Bachelor of Technology degree and brings more than 13 years of professional experience in education and operations. Chourasiya does not hold directorships in any other companies and has no familial relationships with other directors on the board.

The company confirmed that neither appointee is debarred from holding the office of Director or accessing the capital markets by SEBI or any other regulatory authority. The disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Profiles

Particular	Aryaman Kothari	Sakshi Chourasiya
Designation	Whole-Time Director	Non-Executive Independent Director
DIN	09324877	09370037
Term	3 years (July 14, 2026 to July 13, 2029)	5 years (Oct 25, 2026 to Oct 24, 2031)
Age	25 Years	34 Years
Qualification	B.M.S.	B.Tech.
Experience	6 years in finance and accounts	13 years in education and operations
Other Directorships	2	Nil