V.B. Desai Financial Services Reports Mixed Q2 Results with Revenue Growth and Profit Decline

1 min read     Updated on 05 Nov 2025, 01:11 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

VB Desai Financial Services Limited released Q2 2025 results, showing a 207.2% increase in revenue to ₹50.22 lakhs, but a 24.2% decrease in net profit to ₹24.79 lakhs compared to Q2 2024. Half-year net profit improved to ₹45.07 lakhs. Total assets as of September 30, 2025, were ₹1,302.85 lakhs. The Board approved these results on November 5, 2025, and auditors N S Shetty & Co conducted a limited review, finding no issues with the financial statements.

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*this image is generated using AI for illustrative purposes only.

VB Desai Financial Services Limited, a player in the financial services sector, has released its unaudited standalone financial results for the quarter ended September 30, 2025. The company reported a mixed performance, with significant revenue growth but a decline in net profit compared to the same period last year.

Financial Highlights

Metric Q2 2025 Q2 2024 YoY Change
Revenue from Operations ₹50.22 ₹16.35 207.2%
Net Profit ₹24.79 ₹32.69 -24.2%

Key Points

Revenue Surge

VB Desai Financial Services witnessed a substantial increase in revenue from operations, which rose to ₹50.22 lakhs from ₹16.35 lakhs in the same quarter last year, marking a significant growth of 207.2%.

Profit Decline

Despite the revenue growth, the company's net profit for Q2 2025 decreased to ₹24.79 lakhs, compared to ₹32.69 lakhs in Q2 2024, representing a 24.2% decline.

Half-Year Performance

For the six-month period, the company reported improved results with net profit rising to ₹45.07 lakhs, up from ₹37.17 lakhs in the previous year.

Asset Position

As of September 30, 2025, VB Desai Financial Services' total assets stood at ₹1,302.85 lakhs.

Corporate Governance

The Board of Directors of VB Desai Financial Services Limited approved these unaudited standalone financial results at their meeting held on November 5, 2025. The company's commitment to transparency is evident as they promptly disclosed these results in compliance with SEBI regulations.

Auditor's Review

The company's auditors, N S Shetty & Co Chartered Accountants, conducted a limited review of the financial results. They reported that nothing has come to their attention that causes them to believe that the financial statements do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

While VB Desai Financial Services has shown impressive revenue growth, the decline in quarterly profits may warrant attention from investors and analysts. The company's ability to translate increased revenue into bottom-line growth could be a key focus area in the coming quarters.

Historical Stock Returns for VB Desai Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
-0.93%-7.78%-7.78%-30.67%-23.00%+542.37%
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V.B. Desai Financial Services Reports 63.7% Jump in Q1 Net Profit

2 min read     Updated on 21 Jul 2025, 05:51 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

VB Desai Financial Services Limited announced a significant increase in its Q1 FY24 financial performance. Net profit rose by 63.7% year-on-year to Rs 20.28 crore. Revenue from operations increased by 24.75% to Rs 96.46 crore, while total income grew by 49.95% to Rs 123.45 crore. The company's EPS improved from Rs 0.27 to Rs 0.45. Other income saw a substantial increase, contributing to overall profit growth. Despite higher expenses, the company maintained profitability through effective cost management.

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*this image is generated using AI for illustrative purposes only.

VB Desai Financial Services Limited, a prominent player in the financial services sector, has reported a significant increase in its net profit for the quarter ended June 30. The company's unaudited standalone financial results, approved by the Board of Directors on July 21, reveal a robust performance across key financial metrics.

Financial Highlights

  • Net Profit: Rs 20.28 crore, up 63.7% year-on-year
  • Revenue from Operations: Rs 96.46 crore, increased from Rs 77.32 crore in the previous year
  • Total Income: Rs 123.45 crore, compared to Rs 82.33 crore in the corresponding quarter
  • Earnings Per Share (EPS): Improved to Rs 0.45 from Rs 0.27 year-on-year

Detailed Financial Performance

The company's financial results showcase a strong growth trajectory:

Particulars (in Rs. lakhs) Q1 (Unaudited) Q1 (Unaudited) YoY Change (%)
Revenue from Operations 96.46 77.32 24.75%
Other Income 26.99 5.01 438.72%
Total Income 123.45 82.33 49.95%
Total Expenses 96.41 65.19 47.89%
Profit Before Tax 27.04 17.14 57.76%
Net Profit 20.28 12.39 63.68%
EPS (Basic & Diluted) 0.45 0.27 66.67%

Key Observations

  1. Revenue Growth: The company's revenue from operations saw a notable increase of 24.75% compared to the same quarter last year, indicating strong business performance.

  2. Profitability Surge: Net profit jumped by 63.68%, outpacing revenue growth and suggesting improved operational efficiency.

  3. Other Income Boost: A significant rise in other income, from Rs 5.01 lakhs to Rs 26.99 lakhs, contributed to the overall profit growth.

  4. Expense Management: Despite a 47.89% increase in total expenses, the company managed to achieve higher profitability, reflecting effective cost management strategies.

  5. Shareholder Value: The earnings per share (EPS) improved substantially from Rs 0.27 to Rs 0.45, representing a 66.67% increase and enhancing shareholder value.

Management Commentary

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on July 21. The company's auditors have provided an unmodified opinion on the unaudited standalone financial results for the quarter ended June 30, in compliance with SEBI regulations.

VB Desai Financial Services Limited continues to operate in the financial services segment, with no changes reported in its business structure or reporting methodology.

The company's strong performance in the first quarter sets a positive tone for the fiscal year, reflecting its resilience and adaptability in the dynamic financial services landscape. Investors and stakeholders will likely keep a close watch on the company's performance in the coming quarters to assess the sustainability of this growth trajectory.

Historical Stock Returns for VB Desai Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
-0.93%-7.78%-7.78%-30.67%-23.00%+542.37%
VB Desai Financial Services
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