ALPHA TRIBE

Vaarad Ventures LtdResults, 29-05-2025: Result

29-05-2025 | 07:06 pm

Vaarad Ventures has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported a consolidated loss before tax of Rs. 26.59 lakh for the year, with no revenue from operations. The standalone results show a loss before tax of Rs. 18.47 lakh. The auditor has issued an unqualified opinion for both consolidated and standalone financials, confirming no adverse remarks and effective internal financial controls. Key highlights include a stable equity base of around Rs. 25 Cr, no defaults or frauds detected, pending sales tax and income tax disputes totalling approximately Rs. 100 lakh, and adequate provisions for foreseeable losses. Cash flow from operations remained positive in standalone accounts, supporting the company's ongoing operations and financial stability.

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