Valecha Engineering Q3 FY26: Standalone profit Rs 0.25 cr, Consolidated loss Rs 48.52 cr

Valecha Engineering posted Q3 FY26 standalone revenue of Rs 2.40 cr, down 49% YoY, with PAT of Rs 0.25 cr against a loss. Consolidated loss narrowed to Rs 48.52 cr but 9M FY26 loss stood at Rs 135.57 cr. Standalone PAT for 9M swung to Rs 11.19 cr profit, helped by tax refund interest. Consolidated other equity is deeply negative at minus Rs 1,457 cr. Subsidiary VIL has defaulted on bank loans and erased its net worth.