fintech / news / / scanx.trade
VISA Chrome Limited returned to profitability in the financial year ended March 31, 2026.
VISA Chrome Limited reported a net profit of ₹1,050.15 crore in FY26 after losses last year.
KEY POINTS
- Exceptional items worth ₹1,089.11 crore, mainly loan settlement write-backs, drove this turnaround.
- Statutory auditors noted material uncertainty about the company's going concern status due to eroded net worth.
- A sanctioned restructuring plan with Assets Care and Reconstruction Enterprise (ACRE) underpins continued operations.
- Revenue from operations declined slightly to ₹561.62 crore from ₹566.21 crore in FY25.
COMPANIES
Summarized by Newsio from scanx.trade. How we summarize →