VSF Projects Ltd Reports Q2 FY27 Loss of INR Lakh (29.66)
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 14 Nov 2026, 07:00 PM IST · BSE ID: 6d595d62-f580-4d17-aa04-bfe98867c95b
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a financial loss of INR Lakh (29.66) for the second quarter of its financial year, with decreased total income.
🤖 AI Summary
- VSF Projects Ltd reported a Profit/(Loss) for the period of INR Lakh (29.66) for the quarter ended September 30, 2026 (Q2 FY27).
- Total Income for Q2 FY27 stood at INR Lakh 11.02, decreasing from INR Lakh 21.78 in Q2 FY26.
- For the half year ended September 30, 2026 (H1 FY27), the company recorded a total income of INR Lakh 20.84.
- The Profit/(Loss) for H1 FY27 was INR Lakh (36.15), compared to INR Lakh (4.15) for H1 FY26.
- Basic Earnings Per Share was INR (0.18) for Q2 FY27 and INR (0.22) for H1 FY27.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Total Income (Q2 FY27)
INR Lakh 11.02
Total Income (Q2 FY26)
INR Lakh 21.78
Profit/(Loss) for the period (Q2 FY27)
INR Lakh (29.66)
Profit/(Loss) for the period (Q2 FY26)
INR Lakh (0.32)
Basic EPS (Q2 FY27)
INR (0.18)
Total Income (H1 FY27)
INR Lakh 20.84
Total Income (H1 FY26)
INR Lakh 40.85
Profit/(Loss) for the period (H1 FY27)
INR Lakh (36.15)
Profit/(Loss) for the period (H1 FY26)
INR Lakh (4.15)
🏢 How This Affects the Company
The decline in total income from operations indicates a contraction in business activity, directly affecting the company's revenue generation capacity for the period.
The increased losses for Q2 FY27 and H1 FY27 negatively impact the company's profitability and balance sheet, with Basic EPS falling to INR (0.18).
Operational expenses, particularly 'Other expenses,' increased to INR Lakh 22.47 in Q2 FY27, which contributed to the overall loss despite a lower total income.
The continued losses and negative cash flow from investing activities raise concerns about liquidity management and sustained operational viability in the absence of significant revenue streams.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically the increased losses and negative Basic EPS of INR (0.18) for Q2 FY27.
🔍
Management Signal
The board's approval of the unaudited results indicates transparency in reporting the financial position, despite the reported losses.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — observe trends in revenue and profitability.
Next balance sheet disclosure — assess changes in assets, liabilities, and equity.
Any further operational updates — evaluate potential business recovery initiatives.
HIGH RISK
Significant increase in net losses and a substantial decline in total income year-over-year indicate high financial risk.
💡 Investor Takeaway
VSF Projects Ltd recorded a Profit/(Loss) for the period of INR Lakh (29.66) in Q2 FY27, a significant increase in loss from INR Lakh (0.32) in Q2 FY26. Total income declined to INR Lakh 11.02 in Q2 FY27 from INR Lakh 21.78 in Q2 FY26.
⚖️ Strengths & Concerns
✅ Positives
- Cash generated from operating activities for H1 FY27 was INR Lakh 438.42, a significant increase from INR Lakh 2.13 in H1 FY26.
- The company's non-current assets include Investment Property valued at INR Lakh 12,168.65 as of September 30, 2026.
⚠️ Concerns
- VSF Projects Ltd reported a Profit/(Loss) for the period of INR Lakh (29.66) in Q2 FY27, compared to INR Lakh (0.32) in Q2 FY26.
- Total Income decreased to INR Lakh 11.02 in Q2 FY27 from INR Lakh 21.78 in Q2 FY26, and to INR Lakh 20.84 in H1 FY27 from INR Lakh 40.85 in H1 FY26.
📅 Company Track Record
VSF Projects Ltd's board previously met on November 11, 2026, to approve these Q2 FY27 results, following a board meeting on August 4, 2026, for Q1 FY27 unaudited results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was VSF Projects Ltd's total income for Q2 FY27?
VSF Projects Ltd reported a total income of INR Lakh 11.02 for the quarter ended September 30, 2026 (Q2 FY27).
What was VSF Projects Ltd's net profit/loss for Q2 FY27?
The Profit/(Loss) for the period for VSF Projects Ltd was INR Lakh (29.66) for the quarter ended September 30, 2026 (Q2 FY27).
How did VSF Projects Ltd's half-year income compare to the previous year?
For the half year ended September 30, 2026 (H1 FY27), total income was INR Lakh 20.84, decreasing from INR Lakh 40.85 in the corresponding half year ended September 30, 2025 (H1 FY26).
What was VSF Projects Ltd's Basic Earnings Per Share in Q2 FY27?
Basic Earnings Per Share for VSF Projects Ltd was INR (0.18) for the quarter ended September 30, 2026 (Q2 FY27).
Questions based on this BSE filing only. For information purposes.