Virat Leasing Limited has scheduled a board meeting on May 30, 2026, to consider and approve the audited financial results for the fourth quarter and financial year ended March 31, 2026. The meeting will be held at 6:00 pm to transact business including the appointment of an internal auditor for the financial year 2026-27.

The board will also take up any other business with the permission of the Chairman and the consent of the majority of directors. The intimation was submitted to BSE Limited pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In conjunction with the upcoming results, the trading window for dealing in the company's securities remains closed. This restriction applies to all directors, promoters, designated persons, and senior management personnel, along with their immediate relatives. The closure is in accordance with the company's Code of Conduct adopted under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The window will remain shut until 48 hours after the declaration of the financial results for the quarter and year ended March 31, 2026. Manisha Khandelwal, Company Secretary & Compliance Officer, signed the intimation on May 25, 2026.

Agenda for Board Meeting

Virat Leasing Limited announced its unaudited financial results for the third quarter ended December 31, 2025, revealing a substantial increase in net losses primarily driven by fair value adjustments. The company's Board of Directors approved these results during their meeting held on February 13, 2026, which commenced at 4:30 p.m. and concluded at 5:30 p.m.

Financial Performance Overview

The company reported a net loss of ₹103.75 lakhs for Q3FY26, representing a significant deterioration from the ₹6.89 lakhs loss recorded in the corresponding quarter of the previous fiscal year. This marked increase in losses was primarily attributed to substantial fair value adjustments during the quarter.

Revenue Analysis

The company's revenue structure remained relatively stable with interest income forming the primary component. Interest income for Q3FY26 stood at ₹21.29 lakhs, marginally declining from ₹21.66 lakhs in Q3FY25. However, other operating income showed volatility, recording a negative ₹0.92 lakhs compared to negative ₹0.91 lakhs in the previous year's corresponding quarter.

Major Expense Components

The most significant factor impacting the company's performance was the net loss on fair value changes, which surged to ₹120.30 lakhs in Q3FY26 from ₹18.75 lakhs in Q3FY25. This represented the largest expense component and the primary driver of the increased losses.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Virat Leasing Limited reported a net loss of ₹83.52 lakhs compared to ₹41.91 lakhs loss in the corresponding period of FY25. Total revenue from operations for the nine-month period increased to ₹73.72 lakhs from ₹71.50 lakhs, showing a marginal improvement of 3.11%.

Regulatory Compliance and Audit Review

The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) "Interim Financial Reporting" and were subject to a limited review by the company's statutory auditors, Surajit Roy and Associates, Chartered Accountants. The auditors confirmed that nothing came to their attention that would suggest the financial statements contain material misstatements or fail to comply with listing regulations.

Tax Position and Capital Structure

The company recorded a tax credit of ₹4.71 lakhs for Q3FY26, compared to a tax credit of ₹0.21 lakhs in Q3FY25. The company maintained its paid-up equity share capital at ₹1,298.05 lakhs with a face value of ₹10 per share. Other equity stood at ₹329.12 lakhs for the nine-month period ended December 31, 2025, compared to ₹258.94 lakhs in the corresponding period of the previous year.