ALPHA TRIBE

Vibrant Global Capital LtdBoard Meeting, 26-05-2025: Board Meeting

26-05-2025 | 06:56 pm

Vibrant Global Capital Limited has announced a board meeting on which it approved the audited standalone and consolidated financial results for the quarter and half-year. The statutory auditors, Agrawal & Kedia, issued unmodified audit opinions with no qualifications. Standalone revenue primarily came from interest, dividend income (~Rs. 399.3 lakh quarterly), and other securities, while consolidated revenue included capital markets, trading, and manufacturing segments. The standalone financial year ended with a net profit of Rs. 786.38 lakh, whereas the consolidated results showed a modest profit of Rs. 221.26 lakh despite a challenging quarter loss. Cash flows from operations remain strong, but cash and equivalents dipped significantly year-over-year. The company maintains prudent accounting policies and internal controls, with no material uncertainties noted about its going concern status. This solid audit clearance boosts transparency for shareholders amid mixed profitability across segments.

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