VSD Confin reports net loss of ₹39.98 lakh for FY26
VSD Confin reported a widened net loss of ₹39.98 lakh for FY26 compared to ₹16.15 lakh in FY25, with Q4 loss reaching ₹25.35 lakh due to exceptional items. The board approved the audited results, which received an unmodified opinion from statutory auditors.

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VSD Confin reported a net loss of ₹39.98 lakh for the financial year ended March 31, 2026, widening from a net loss of ₹16.15 lakh in the previous year. The company's board approved the audited standalone financial results at a meeting held on May 30, 2026. Total income for the year stood at ₹0.05 lakh, down from ₹0.01 lakh in FY25, while total expenses decreased to ₹20.43 lakh from ₹21.64 lakh.
The statutory auditors, M/s. Bakliwal & Co., Chartered Accountants, issued an audit report with an unmodified opinion on the annual audited financial results. The report confirms that the standalone financial results give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards. The audit was conducted in accordance with the Standards on Auditing specified under section 143(10) of the Companies Act, 2013.
For the quarter ended March 31, 2026, the company reported a net loss of ₹25.35 lakh, significantly higher than the net loss of ₹3.09 lakh recorded in the same quarter of the previous year. This quarterly performance was impacted by exceptional items amounting to ₹22.06 lakh. Revenue from operations remained nil for both the quarter and the year under review, with other income contributing to the total income figures.
The financial statements indicate that the company operates in a single segment; hence, segment reporting pursuant to Ind AS 108 is not applicable. The earnings per share (EPS) for the year ended March 31, 2026, was reported at (0.26) on a basic and diluted basis, compared to (0.10) in the previous year. The EPS figures are not annualized.
The balance sheet as of March 31, 2026, shows total assets at ₹1,544.88 lakh, a decrease from ₹1,585.83 lakh in the prior year. Total equity stood at ₹1,392.38 lakh, down from ₹1,432.36 lakh in FY25. The company's cash and cash equivalents decreased significantly to ₹21.09 lakh from ₹533.66 lakh at the end of the previous financial year.
Financial Results for FY26
| Particulars | Year Ended 31.03.2026 (₹ in Lakhs) | Year Ended 31.03.2025 (₹ in Lakhs) |
|---|---|---|
| Total Income | 0.05 | 0.01 |
| Total Expenses | 20.43 | 21.64 |
| Profit/(Loss) before exceptional items and tax | (20.38) | (21.63) |
| Exceptional items | (22.06) | - |
| Profit/(Loss) before tax | (42.44) | (21.63) |
| Net Profit/(Loss) for the period | (39.98) | (16.15) |
| Basic EPS (₹) | (0.26) | (0.10) |
Historical Stock Returns for VSD Confin
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
What specific measures will the company take to address the drastic decline in cash reserves from ₹533.66 lakh to ₹21.09 lakh?
Does the company have a strategic plan to generate revenue from operations, given that it has remained nil for the year?
Are the exceptional items of ₹22.06 lakh expected to recur in future financial periods, or were they one-time costs?




























