VSD Confin reports net loss of ₹39.98 lakh for FY26

2 min read     Updated on 02 Jun 2026, 09:19 PM
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Suketu GScanX News Team
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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

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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?

VSD Confin board meets May 30 to consider FY26 results

1 min read     Updated on 22 May 2026, 05:18 PM
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VSD Confin Limited will hold a board meeting on May 30, 2026, to consider the audited financial results for the quarter and year ended March 31, 2026. The trading window for dealing in the company's shares remains closed for insiders until 48 hours after the results declaration.

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VSD Confin Limited has announced that its board of directors will meet on May 30, 2026, to consider the audited financial results for the quarter and year ended March 31, 2026. The meeting is scheduled to take place at the company's registered office located in Lucknow.

Agenda for the Meeting

The primary agenda for the upcoming board meeting is to consider, approve, and take on record the audited financial results for the fourth quarter and the full financial year ending March 31, 2026. The board will also deliberate on other items listed on the agenda.

Trading Window Closure

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's adopted Code of Conduct, the trading window for dealing in shares of VSD Confin Limited has been closed. This restriction applies to all promoters, directors, designated employees, and other persons covered under the code.

The trading window will remain closed until 48 hours after the declaration of the audited financial results for the quarter and year ended March 31, 2026. Consequently, these individuals have been advised not to deal in the securities of the company during this period.

Meeting Details

Detail Information
Company Name VSD Confin Limited
Meeting Date May 30, 2026
Meeting Day Saturday
Venue Registered Office, Lucknow
Purpose Audited Financial Results for Q4 and FY26

The closure of the trading window is a standard regulatory measure to prevent insider trading and ensure market integrity during the period leading up to the announcement of financial results.

Historical Stock Returns for VSD Confin

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How have VSD Confin Limited's revenue and profitability trends evolved over FY26 compared to the previous fiscal year?

Will VSD Confin Limited's board consider announcing a dividend or any capital allocation strategy following the approval of FY26 audited results?

How might VSD Confin Limited's FY26 financial performance compare to peers in the NBFC/financial services sector amid the prevailing interest rate environment?

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