VLS Finance reports FY26 profit drop to ₹19.82 crore
The company recommended a dividend of ₹1.50 per share alongside its annual results. Full-year profit fell from ₹45.33 crore in the prior year.
— 1 earlier story on VLS Finance Ltd. →What's new
- Standalone profit for FY26 fell to ₹19.82 crore from ₹45.33 crore.
- The board recommended a dividend of ₹1.50 per share.
- The company approved a minor write-off of ₹9.68 lakhs to close a non-material subsidiary.
Why this matters
The decline in annual profit was anticipated based on previous quarterly disclosures. The dividend and write-off are routine administrative actions with no material impact on the company's financial position.
What we're watching
- Shareholder approval for the proposed dividend.
- The upcoming annual general meeting details.
- Any further updates on the subsidiary closure process.
The full read
VLS Finance released its audited annual results for FY26, confirming a standalone profit of ₹19.82 crore. This is a sharp decline from the ₹45.33 crore reported in the previous fiscal year.
Routine.
The board also recommended a dividend of ₹1.50 per share, or 15%, which now awaits shareholder approval at the upcoming annual general meeting. Beyond the financial results, the board approved the write-off of ₹9.68 lakhs in dues from a non-material subsidiary to clear the way for its final closure. These updates align with prior quarterly disclosures and contain no surprises for the market.
Questions answered
- What was the profit for VLS Finance in FY26?
- The company reported a standalone profit of ₹19.82 crore for the fiscal year, down from ₹45.33 crore in the previous year.
- What dividend did the board recommend?
- The board recommended a dividend of ₹1.50 per share, which represents a 15% payout. This proposal remains subject to shareholder approval at the upcoming AGM.
- What is the status of the subsidiary write-off?
- The board approved a write-off of ₹9.68 lakhs related to a non-material subsidiary. This action is intended to facilitate the closure of that entity.
- Are there any other significant items in this filing?
- No. The filing covers standard administrative items including the appointment of an internal auditor and the notice for the annual general meeting.
Story so far
All notes on VLSFINANCE →- 26 May 2026 · 8:12 PM IST VLS Finance reports FY26 profit drop to ₹19.82 crore
- today VLS Finance profit drops to ₹19.82 crore as board declares dividend