VLS Finance Limited Announces Q1 Financial Results and Appoints Additional Director

VLS Finance Limited Announces Q1 Financial Results and Appoints Additional Director

VLS Finance Limited Announces Q1 Financial Results and Appoints Additional Director​

VLS Finance Limited has released its unaudited financial results for the quarter ended June 30, 2026, along with details regarding the appointment of a new additional director. The company also confirmed that its subsidiary, VLS Asset Management Limited, has applied to strike off its name from the Register of Companies.

The Board meeting held on August 11, 2026, approved and reviewed the financial results. Statutory auditors have given an unmodified opinion regarding the standalone unaudited results for the quarter.

Financial Performance Summary (Q ended June 30, 2026)​

VLS Finance Limited reported its performance across both standalone and consolidated entities for the quarter ending June 30, 2026.

Standalone Unaudited Financial Results:

ParticularsQuarter Ended 30-Jun-2026 (Unaudited)
Total Revenue from Operations10,700.78 Lakhs
Total Income10,867.18 Lakhs
Total Expenses558.52 Lakhs
Profit before tax10,308.66 Lakhs

Consolidated Unaudited Financial Results:

ParticularsQuarter Ended 30-Jun-2026 (Unaudited)
Total Revenue from Operations12,359.08 Lakhs
Total Income12,530.60 Lakhs
Total Expenses612.72 Lakhs
Profit before tax11,917.88 Lakhs

Appointment of Additional Director​

The company announced the appointment of Shri Dinesh Kumar Mehrotra (DIN: 00142711) as an Additional Director in the category of Non-Executive, Non-Designated, and Non-Independent Director, effective August 11, 2026.

Shri Mehrotra's professional profile includes being a former Chairman of Life Insurance Corporation of India (LIC). He joined LIC as a Direct Recruit Officer in 1977, having accumulated an illustrious career spanning 35 years within the organization and possessing international exposure while posted at the foreign office of LIC in Fiji. Prior to his current appointment, Shri Mehrotra had been associated with VLS Finance Limited since 2016, completing two terms as Independent Director by June 2026.

Subsidiary Status Update​

In continuation of prior disclosures, VLS Finance Limited reported that VLS Asset Management Limited, a subsidiary company, has applied for striking off its name from the Register of Companies under Section 248 of the Companies Act, 2013. The application is currently pending review.

VLSFINANCE Stock Price Movement​

VLS Finance Limited shares slipped by 1.66% after market close, settling at ₹261.20 today. The stock traded within an intraday range of ₹257.05 to ₹269.90, with a total volume of 17,965 shares recorded.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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