Viji Finance Board Approves Q2 FY27 Results; Appoints New Auditors
Viji Finance reported a net profit of ₹151.10 crore for Q2 FY27, a turnaround from a net loss of ₹9.69 crore in Q2 FY26. For H1 FY27, net profit stood at ₹264.81 crore, up from a net loss of ₹42.69 crore in H1 FY26. The Board approved these results and the appointment of M/s. DDS & Associates as new auditors.
The substantial improvement in financial results, particularly the shift from losses to profits, is a material development that is expected to have a significant impact on investor perception and the company's stock performance. The change in auditors, while routine, is also a key disclosure.
The company has reported a significant turnaround in its financial performance, moving from net losses to substantial profits for both the quarter and the half-year ended September 30, 2026. Additionally, the appointment of new auditors is a routine corporate action that does not negatively impact the sentiment.
Viji Finance Limited's Board of Directors met on October 14, 2026, to approve the unaudited financial results for the quarter and half-year ended September 30, 2026. The board also approved the notice of postal ballot for the appointment of M/s. DDS & Associates as Statutory Auditors, filling a casual vacancy caused by the resignation of M/s. Dharmendra K. Agarwal & Co. The meeting commenced at 4:30 p.m. and concluded at 7:10 p.m. The company reported a net profit of ₹151.10 crore for the quarter ended September 30, 2026, compared to a net loss of ₹9.69 crore in the same period last year. For the half-year ended September 30, 2026, the net profit was ₹264.81 crore, a significant improvement from a net loss of ₹42.69 crore in the corresponding period of the previous year. The company's total equity share capital increased to ₹23,10,00,000, comprising 23,10,00,000 equity shares of face value Re. 1 each, following a preferential allotment. The financial results will be uploaded on the company's website and stock exchange websites, with a publication in English and Hindi newspapers within the prescribed time limit.
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Viji Finance Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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