Result for the December 31, 2025
Awaiting price reaction for this filing.
Veronica Production Limited reported Q3 FY2026 (quarter ended Dec 31, 2025) revenue from operations of Rs 64.63 lacs, a sharp drop of about 85% from Rs 424.97 lacs in the same quarter last year. The company posted a net loss of Rs 7.35 lacs for the quarter, slightly narrower than the Rs 10.47 lacs loss in Q3 FY2025. For the nine-month period, however, the company swung to a net profit of Rs 23.19 lacs versus a loss of Rs 21.92 lacs in the prior-year period. Revenue for the nine months stood at Rs 557.76 lacs versus Rs 595.75 lacs, a modest ~6% decline. The company's reserves remain deeply negative at Rs (7,254.24) lacs, indicating accumulated losses far exceeding its paid-up capital of Rs 7,128.79 lacs. The statutory auditor, SK Bhavsar & Co., issued an unmodified limited review report with no qualifications.
The dramatic Q3 revenue collapse and persistent quarterly losses signal operational stress and volatile business activity, which is likely to weigh negatively on investor sentiment. However, the nine-month return to profitability and improving expense ratio offer a partial offset; the deeply negative reserves remain a structural concern for shareholders.