VLSFINANCE2023-07-012023-09-30 VLSFINANCE2023-07-012023-09-30 VLSFINANCE2023-07-012023-09-30in-bse-fin:OneOtherRevenueFromOperations01Member VLSFINANCE2023-07-012023-09-30in-bse-fin:FourOtherRevenueFromOperations01Member VLSFINANCE2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member VLSFINANCE2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member VLSFINANCE2023-09-30 VLSFINANCE2023-09-30 VLSFINANCE2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member VLSFINANCE2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member VLSFINANCE2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss03Member VLSFINANCE2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member VLSFINANCE2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss02Member VLSFINANCE2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss03Member VLSFINANCE2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member VLSFINANCE2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member VLSFINANCE2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member VLSFINANCE2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 511333 VLSFINANCE NOTLISTED VLS Finance Limited Equity 2023-04-01 2024-03-31 2023-10-26 2023-10-16 INR Lakhs Half yearly 2023-10-26 15:30:00 2023-10-26 18:55:00 true Cash Flow Indirect Not applicable Single segment Investment & stock broking 2023-07-01 2023-09-30 Unaudited Consolidated 33863000.00 92801000.00 0.00 0.00 702841000.00 0.00 0.00 0.00 11610000.00 841115000.00 56359000.00 897474000.00 0.00 0.00 0.00 18607000.00 471000.00 13722000.00 0.00 0.00 0.00 0.00 43980000.00 76780000.00 820694000.00 0.00 820694000.00 240948000.00 -123026000.00 117922000.00 702772000.00 0.00 0.00 0.00 0.00 702772000.00 737057000.00 1439829000.00 702772000.00 737057000.00 1439829000.00 349182000.00 10 20.14 20.14 0.00 0.00 20.14 20.14 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. The consolidated Unaudited financial results include the Unaudited financial results for the quarter and half year ended 30-Sep-2023 of the subsidiaries VLS Securities Limited (100%) (P.Y. 100%), VLS Asset Management Limited (99.15%) (P.Y. 99.15%) and VLS Real Estate Limited (100%) (P.Y. 100%). The Unaudited financial results of VLS Capital Ltd. for the same period have been consolidated as an associate under equity method of accounting. 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. The Board of Directors of the Company in its meeting held on 05-Jan-2023 has approved buy-back of its own shares by the Company from open market through Stock Exchange route in terms of proviso to clause (b) of sub section 2 of section 68 of the Companies Act, 2013 and other applicable regulations. The buyback so approved has opened from 16/01/2023 and closed on 29/05/2023. During this period 38,66,025 equity shares of Rs 10/- each have been bought back by the company at an average rate of Rs 179.22 per share. A total sum of Rs 6,928.59 lakhs (excluding transaction costs) was utilised for the said buyback. Post buyback the paid up share capital of the Company is Rs 3491.82 Lakhs (including Rs 12.22 Lakhs being the amount forfeited on 4,67,500 equity shares) comprising 3,47,95,992 equity shares of Rs 10/- each. Requisite compliances under applicable regulations have been made in respect of aforesaid buyback including for extinguishment of said shares so bought back. Accordingly, EPS has been calculated on weighted average number of shares as on 30 Sept 2023 in accordance with IND-AS 33. 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. Single segment 2023-04-01 2023-09-30 Unaudited Consolidated 64343000.00 124870000.00 0.00 0.00 1747785000.00 0.00 0.00 0.00 20463000.00 1957461000.00 71527000.00 2028988000.00 0.00 0.00 0.00 37786000.00 830000.00 27929000.00 0.00 0.00 0.00 0.00 88949000.00 155494000.00 1873494000.00 0.00 1873494000.00 511877000.00 -260644000.00 251233000.00 1622261000.00 0.00 0.00 0.00 0.00 1622261000.00 2388590000.00 4010851000.00 1622261000.00 2388590000.00 4010851000.00 349182000.00 10 46.48 46.48 0.00 0.00 46.48 46.48 Other Operating Income 11610000.00 Other Operating Income 20463000.00 Other Expenses 43980000.00 Other Expenses 88949000.00 429983000.00 111228000.00 0.00 7079000.00 29871000.00 80853000.00 32137648000.00 1640902000.00 34437564000.00 0.00 0.00 0.00 651581000.00 0.00 234694000.00 0.00 0.00 0.00 16000.00 13510000.00 899801000.00 35337365000.00 349182000.00 28542484000.00 28891658000.00 0.00 0.00 0.00 3315000.00 0.00 3274000.00 0.00 1501000.00 0.00 0.00 80648000.00 88738000.00 233170000.00 40987000.00 6072515000.00 10297000.00 6356969000.00 35337365000.00 Gain/(Loss) arising on defined employee benefits -763000.00 Gain/(Loss) arising on fair valuation of investments 992529000.00 Income tax (expenses)/credit relating to items that will not be reclassified -249505000.00 Gain/(Loss) arising on defined employee benefits -1495000.00 Gain/(Loss) arising on fair valuation of investments 3199046000.00 Income tax (expenses)/credit relating to items that will not be reclassified -804592000.00 742261000.00 2392959000.00 0.00 0.00 Gain/(Loss) arising on fair value of bonds/debentures -6955000.00 Income tax (expenses)/credit relating to items that will be reclassified to profit or loss 1751000.00 Gain/(Loss) arising on fair value of bonds/debentures -5839000.00 Income tax (expenses)/credit relating to items that will be reclassified to profit or loss 1470000.00 -5204000.00 -4369000.00 0.00 0.00 737057000.00 2388590000.00 0.00 0.00 176368000.00 0.00 5087000.00 -8062000.00 -513500000.00 0.00 40646000.00 3321000.00 0.00 -5449000.00 -3591000.00 27929000.00 0.00 4259000.00 0.00 47397000.00 589000.00 0.00 124870000.00 3662000.00 0.00 0.00 9125000.00 0.00 367148000.00 1259000.00 0.00 5744000.00 1879238000.00 0.00 0.00 0.00 506771000.00 0.00 1372467000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 39046000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 124870000.00 3662000.00 0.00 -1430117000.00 0.00 -1262539000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 52194000.00 0.00 0.00 -72940000.00 -125134000.00 -15206000.00 0.00 -15206000.00 445191000.00 429985000.00