Vipul Limited has published newspaper clippings of its unaudited financial results for the third quarter and nine months ended December 31, 2025, in compliance with Regulation 30 & 47 of SEBI Listing Regulations. The results were published on February 16, 2026, in Business Standard in both English and Hindi languages.

Financial Performance Overview

The company's standalone financial results demonstrate steady operational performance for the quarter ended December 31, 2025. The comprehensive financial data reveals the company's position across multiple reporting periods.

Standalone Financial Results

Consolidated Financial Results

Board Meeting and Regulatory Compliance

The Board of Directors meeting was conducted on February 14, 2026, through audio-visual communication from 2:30 PM to 4:20 PM. The Board considered and approved the unaudited financial results for both standalone and consolidated operations, prepared in accordance with Regulation 33 of SEBI Listing Regulations.

Publication Details

The newspaper clippings were published as required under regulatory compliance:

Auditor's Review and Corporate Structure

The statutory auditors JSUS & Associates conducted a limited review of the financial results. The consolidated results encompass a comprehensive group structure including eleven wholly-owned subsidiaries, four regular subsidiaries, and five associates across various business segments.

The complete financial results are available on the company's website at www.vipulgroup.in and on stock exchange websites. Company Secretary and Compliance Officer Piyush Bairagi signed the regulatory filings, ensuring compliance with BSE and NSE listing requirements under scrip codes 511726 and VIPULLTD respectively.

Vipul Limited has successfully concluded its sixth board meeting for FY 2025-26, held on February 14, 2026, where the board approved the company's unaudited financial results for the third quarter and nine months ended December 31, 2025.

Board Meeting Outcome

The board meeting was conducted through audio-visual means of communication, commencing at 02:30 P.M. and concluding at 4:20 P.M. The meeting was held in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Approval

The board considered and approved the unaudited financial results for both standalone and consolidated operations. The results cover the quarter and nine months ended December 31, 2025, and have been prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" (Ind AS 34).

Auditor's Limited Review Report

JSUS & Associates, Chartered Accountants (Firm Registration No.: 329784E), conducted the limited review of the financial results. The auditor's report highlighted several key observations including cash and cash equivalents containing cheques in hand aggregating to Rs. 599.68 lakhs collected from customers towards advances. Additionally, cash equivalents include Rs. 54.84 lakhs held in dormant bank accounts and Rs. 272.57 lakhs held in frozen bank accounts.

Consolidated Results Coverage

The consolidated financial results include eleven wholly owned subsidiaries, four subsidiaries, and five associates. However, the results do not include financial data from one associate, Vipul Karamchand SEZ Private Limited, as its audit for previous financial years remains incomplete.

Trading Window Status

The trading window for designated persons and their immediate relatives, which was closed from January 01, 2026, will reopen on February 17, 2026, following the standard 48-hour closure period after the board meeting conclusion.

The company has formally communicated the board meeting outcome to BSE Limited and National Stock Exchange of India Limited through official correspondence signed by Piyush Bairagi, Company Secretary & Compliance Officer. The financial results and related documents are also hosted on the company's website at www.vipulgroup.in .