VLSFINANCE2023-04-012023-06-30 VLSFINANCE2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member VLSFINANCE2023-06-30 VLSFINANCE2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member VLSFINANCE2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member VLSFINANCE2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 511333 VLSFINANCE NOTLISTED VLS Finance Limited Equity 2023-04-01 2024-03-31 2023-08-10 2023-08-01 INR Lakhs First quarter 2023-08-10 11:00:00 2023-08-10 14:15:00 false Not applicable Single segment INVESTMENT & STOCK BROKING 2023-04-01 2023-06-30 Unaudited Standalone 30162000.00 32069000.00 0.00 0.00 1044937000.00 0.00 0.00 0.00 1107168000.00 14177000.00 1121345000.00 0.00 0.00 0.00 16234000.00 359000.00 14206000.00 0.00 0.00 0.00 0.00 41046000.00 71845000.00 1049500000.00 0.00 1049500000.00 270500000.00 -137657000.00 132843000.00 916657000.00 0.00 0.00 0.00 0.00 916657000.00 972189000.00 1888846000.00 0.00 0.00 349182000.00 10 26.19 26.19 0.00 0.00 26.19 26.19 These Unaudited financial results have been prepared in accordance with the requirements of Regulations 33 and Regulations 52 read with Regulation 63 of the listing regulations, read with SEBI Circulars CIR/CFD/FAC/62/2016 dated 5 July 2016 and CIR/IMD/DF1/69/2016 dated 10 August 2016 and is in conformity with the applicable Indian Accounting Standards (‘Ind AS’) prescribed under Section 133 of the Companies Act, 2013 (‘the Act’), read with relevant rules issued there-under, and other accounting principles generally accepted in India. These Unaudited financial results have been prepared in accordance with Division III of Schedule III, in the format for financial statements of Non-Banking Financial Companies, as defined in the Companies (Indian Accounting Standards) (Amendment) Rules 2016 read with section 133 of the Companies Act, 2013. The above Unaudited financial results for the quarter ended 30 June 2023 were approved and taken on record in the Board Meeting held on 10-Aug-2023 after being reviewed and recommended by the Audit Committee on the same date and have been subjected to limited review by the statutory auditors of the Company. The figures for the last quarter ended on 31st March 2023 represents the balancing figures between audited figures in respect of the full financial year 2022-23 and the published year-to-date figures upto third quarter of the respective financial year. The columns relating to profit/loss from discontinued operations have been dispensed with in above results because there were no operations which were discontinued during relevant quarter/period. The Company operates in single segment viz. investments and dealing in Shares/Securities & Derivatives, hence segment-wise reporting has not been made. The Taxation Laws (Amendment) Ordinance, 2019 contained substantial amendments in the Income Tax Act 1961 and the Finance (No.2) Act, 2019 had provided an option to domestic companies to pay income tax at a concessional rate. The Company had elected to apply the concessional tax rate. Further, the subsidiary company VLS Securities Limited has also elected to exercise the option permitted under section 115BAA of the Income Tax Act, 1961. Previous period figures have been regrouped / reclassified wherever necessary to conform to current period classification and rounding off errors have been ignored. The amounts reflected as 0 or - in the financial information are values with less than rupees five hundred. These results are also available on the website of the Company viz. www.vlsfinance.com and post dissemination on the website of stock exchanges namely www.bseindia.com, www.nseindia.com and www.cse-india.com. Other expenses 41046000.00 0.00 0.00 0.00 0.00 Gain/(Loss) arising on Defined Employee Benefits -578000.00 Gain/(Loss) arising on fair valuation of Investments 1298624000.00 1298046000.00 326692000.00 Gain/(Loss) arising on fair value of bonds/debentures 1116000.00 1116000.00 281000.00 972189000.00