Global Vectra Helicorp Limited has informed the Exchange about Copy of Newspaper Publication
GLOBALVECT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Global Vectra Helicorp Limited reported total income of Rs 57,675.47 lakhs for FY2026, down from Rs 59,366.69 lakhs in FY2025. The company posted a net loss after tax of Rs 3,228.84 lakhs for FY2026 compared to a loss of Rs 65.03 lakhs in the previous year. Q4 FY2026 showed total income of Rs 16,526.13 lakhs with a net loss of Rs 558.74 lakhs. The company's negative net worth stands at Rs 810.31 lakhs, with current liabilities exceeding current assets by Rs 27,576.95 lakhs. Management attributes losses to external factors including supply chain disruptions, customer penalties, and rupee depreciation, and has implemented operational improvements including standby aircraft, better parts sourcing, and fleet rationalisation.
The significant losses and negative net worth raise serious concerns for shareholders, though management has provided a going concern assurance backed by improved contract values and financing measures being arranged. The stock could face selling pressure due to the poor financial performance.