VSF Projects Limited reported a net loss of ₹43.22 lakh for the financial year ended March 31, 2026, widening from a net loss of ₹29.41 lakh in the previous year. The company recorded zero income from operations for both the quarter and the year, relying solely on other income of ₹63.64 lakh for the fiscal year. The Board of Directors approved the audited financial results and proposed increasing the authorized capital from ₹17 crore to ₹34 crore, subject to shareholder approval.

Financial Performance

The company's total income for FY26 stood at ₹63.64 lakh, a slight increase from ₹42.88 lakh in FY25, driven entirely by other income. Total expenses rose significantly to ₹103.73 lakh from ₹69.86 lakh in the prior year, primarily due to increased finance costs of ₹16.71 lakh and other expenses of ₹60.47 lakh. Consequently, the loss before tax widened to ₹40.09 lakh from ₹26.98 lakh.

For the quarter ended March 31, 2026, the company posted a net loss of ₹18.20 lakh compared to a profit of ₹2.58 lakh in the same quarter of the previous year.

Capital Structure and Assets

The board approved increasing the authorized capital from ₹17 crore to ₹34 crore to strengthen the company's financial base. As of March 31, 2026, the company's total assets stood at ₹19,137.75 lakh, up from ₹17,179.47 lakh in the previous year. Non-current assets included capital work in progress of ₹11,634.34 lakh and property, plant, and equipment of ₹6,556.17 lakh. Borrowings increased to ₹8,468.26 lakh from ₹6,043.69 lakh, reflecting higher debt utilization.

Regulatory Compliance

The audited financial results were reviewed by the Audit Committee and approved by the Board on May 25, 2026. The statutory auditors, V D P & Co., Chartered Accountants, issued an unmodified opinion on the standalone annual financial results prepared in accordance with Indian Accounting Standards (Ind AS). The intimation was signed by B. N. Murthy, Managing Director, and submitted to BSE Limited.

VSF Projects Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI's depositories and participants regulations. The certificate covers the quarter and financial year ended 31st March, 2026, demonstrating the company's adherence to dematerialization compliance standards.

Regulatory Compliance Submission

The company filed the certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 on 15th April, 2026. The submission was made to the Department of Corporate Services-CRD at BSE Limited, with the company's scrip code 519331.

Registrar Confirmation

Aarthi Consultants Private Limited, serving as the company's registrar and share transfer agent, issued the compliance certificate on 3rd April, 2026. The registrar confirmed compliance with dematerialization requirements during the specified period.

The registrar's certificate outlined key compliance actions:

• Dematerialization of securities within 15 days of receipt from depository participants
• Confirmation that dematerialized securities are listed on appropriate stock exchanges
• Proper cancellation of mutilated certificates forwarded by participants
• Substitution of depository name as registered owner in company records

Corporate Governance

P. Lenin Babu, Company Secretary (Membership No. 26816), signed the submission on behalf of VSF Projects Limited. The digital signature was applied on 15th April, 2026, ensuring proper authentication of the regulatory filing.

The submission reflects VSF Projects Limited's commitment to maintaining regulatory compliance and transparent corporate governance practices in accordance with SEBI's depositories and participants regulations.