Virat Leasing reported a standalone net profit of ₹6.38 lakh for the first quarter ended June 30, 2026, up from ₹3.90 lakh in the same period last year. The company’s total revenue from operations increased to ₹19.89 lakh, compared to ₹22.50 lakh in Q1FY26, reflecting a shift in income composition despite the overall decline in top-line figures.

The Board of Directors approved the unaudited financial results at its meeting held on August 12, 2026. Statutory auditors Surajit Roy & Associates issued a limited review report on the financials.

Financial Performance

Interest income, the primary revenue driver, rose to ₹22.96 lakh from ₹22.50 lakh in Q1FY26. However, total revenue from operations fell due to other operating income turning negative at (₹3.07 lakh), compared to nil in the prior year quarter.

Total expenses contracted significantly to ₹11.36 lakh from ₹17.52 lakh in the previous year’s first quarter. This reduction was primarily driven by lower employee benefits expense, which fell to ₹1.39 lakh from ₹5.51 lakh. Finance costs also decreased slightly to ₹2.24 lakh from ₹1.05 lakh.

What the Numbers Show

The divergence between falling total revenue and rising net profit highlights improved cost efficiency. While interest income grew marginally, the sharp decline in employee benefits and absence of impairment charges (which stood at ₹0.73 lakh in Q1FY26) contributed substantially to the bottom-line expansion. Other income remained negligible at ₹0.00 lakh, compared to ₹0.35 lakh in the prior period.

Balance Sheet and Equity

Paid-up equity share capital remained unchanged at ₹1,298.05 lakh. Earnings per share (basic and diluted) stood at ₹0.02, matching the figure from Q1FY26. The company recorded a total comprehensive income of ₹6.38 lakh for the quarter, with no other comprehensive income items recognized.

For the full year ended March 31, 2026, Virat Leasing reported a net loss of ₹72.94 lakh, against a loss of ₹72.50 lakh before tax. The current quarter’s profitability marks a sequential improvement from the fourth quarter of FY26, where net profit was ₹11.46 lakh.

Virat Leasing Limited returned to profitability in the fourth quarter of FY26, reporting a net profit of ₹11.46 lakh for the period ended March 31, 2026. This marks a recovery from the net loss of ₹103.75 lakh recorded in the quarter ended December 31, 2025. For the full financial year, the company posted a net loss of ₹72.94 lakh, widening from the loss of ₹30.17 lakh in the previous year.

The company's total income from operations for the quarter stood at ₹12.82 lakh, a decrease from ₹20.37 lakh in the prior quarter. For the year ended March 31, 2026, total income from operations was ₹86.54 lakh, compared to ₹92.89 lakh in the corresponding period of the previous year.

Financial Performance

The audited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 30, 2026. The filing was submitted to BSE Limited pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Metrics

The company's equity share capital remained constant at ₹1298.05 lakh throughout the reported periods. Earnings per share (EPS) for the quarter ended March 31, 2026, was recorded at ₹0.09, recovering from a negative EPS of ₹0.80 in the previous quarter. However, the annual EPS for FY26 remained negative at ₹0.56.