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Valiant Communications reported all-time high quarterly results for Q2 FY2025-26 (period ended Sept 30, 2025). Consolidated revenue rose to ₹2,017 lacs from ₹1,272 lacs year-on-year, a growth of nearly 59%. Profit after tax almost doubled to ₹527 lacs (from ₹280 lacs), and EPS jumped to ₹6.91 from ₹3.67. EBITDA margin expanded to 38.49% from 34.57%, reflecting stronger operating leverage. The gross order book stands at ₹7,667 lacs, with another ₹1,302+ lacs in L1 status and ₹11,000+ lacs in forthcoming business opportunities. New international wins include orders from data centres in the USA, Quebec Ministry of Cybersecurity (Canada), Banedanmark Rail Net Denmark, and ENDE Bolivia, alongside continuing export momentum from South America, Indonesia, and France.
Record-breaking quarter with a robust order pipeline and export diversification beyond the core power-utility business is positive for shareholders; near-term growth visibility is strong, though the company remains a small-cap and forward-looking statements are subject to execution risk.