Vishvprabha Ventures Approves ₹4 Crore Unsecured Loan-To-Equity Conversion

Q1 FY27 Consolidated Results YoY: Revenue at 304 Cr vs 398 Cr, down 23.6%. EBITDA turned profitable at 94.8 Cr vs loss of 16.3 Cr. EBITDA Margin at 31.2% vs -4.1%, expansion of 3530bps; construction and development costs grew 165.7% despite revenue declining 23.6%. PAT turned profitable at 12.3 Cr vs loss of 71.5 Cr, partly aided by the absence of prior-year bad debt and TDR provision charges. Construction drove the turnaround with segment profit of 96.8 Cr vs loss of 21.8 Cr, while food and beverages remained loss-making at 9.2 Cr. Auditors issued qualified conclusions over unsupported expenses, unrecognised gratuity and tax matters; GST returns have not been filed since April, with potential penalties unprovided. Board approved conversion of unsecured loans up to 4 Cr into equity or convertible securities, subject to shareholder approval.