VB Holdings Limited has recorded $8,636,935 in net profit for its 2025 financial year ended December 31, 2025.
This, it said, was a substantial increase of 1146 per cent compared to its 2024 financial year.
The asset and fleet management company said it reflected a combination of strong organic growth across core business segments and strategic investment gains, highlighting the effectiveness of the company’s disciplined and diversified business model.
Total revenue increased by 286 per cent to $12,191,857, driven by sustained growth in fleet operations, increasing recurring income streams and a significant uplift in the valuation of key strategic investments.
Chairman Devanesh Sharma said fleet management operations have expanded significantly, providing stable, long-term contracted income, while investment portfolio has delivered exceptional capital growth alongside increasing dividend returns.
“Although the property segment experienced temporary softness due to repositioning and upgrades, these initiatives are expected to strengthen long-term rental yields and asset quality,” he said.
The company’s chief executive officer Nitish Niranjan said the FY2025 result reflected a year of strong execution and disciplined growth across all business segments.
Mr Niranjan said from an investment perspective, the revaluation of stake in Sun Insurance Company Limited represents a significant uplift in shareholder value.
Importantly, this investment is not only delivering capital appreciation but also generating a growing and sustainable dividend income stream.
“Looking ahead, with over $11.4 million in contracted lease revenues and a strong pipeline of opportunities, they are confident to continue delivering consistent earnings, growth and long-term value for our shareholders,” Mr Niranjan added.
The company also paid out a total dividend of $427,481, an equivalent of 20 cents a share and an increase of 11.1 per cent.
