Please find attached the results of Q3 FY 2025 2026 along with the Limited Review Report of the Auditors as approved today at the Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vapi Enterprise Ltd reported Q3 FY26 standalone revenue of Rs 56.43 lakhs, almost flat compared with Rs 56.86 lakhs in Q3 FY25, while net profit fell about 21.7% YoY to Rs 32.96 lakhs from Rs 42.09 lakhs, hit by a near-doubling of tax expense to Rs 12.76 lakhs and higher employee and other costs. For the nine months ended December 2025, revenue rose around 12.6% to Rs 178.22 lakhs and net profit rose about 12.6% to Rs 107.91 lakhs, with basic EPS of Rs 4.73 versus Rs 4.20 a year earlier. Finance costs stayed at zero and the company continues to operate in a single segment. The statutory auditor's Limited Review Report carries an Emphasis of Matter paragraph flagging non-compliance with Ind AS-19 on Employee Benefits (employee benefits not provided for, impact not ascertainable) and noting that the company's accounting software does not have an audit trail (edit log) facility as required under Rule 11(g).
The sharp YoY drop in Q3 profit despite stable revenue signals margin pressure from higher taxes and costs, which is mildly negative for near-term sentiment; however, the 9-month trend still shows healthy double-digit growth in both revenue and profit. The auditor's emphasis on non-provisioning of employee benefits and absence of an audit trail in the books is a governance red flag that shareholders should monitor, though the review opinion itself remains unqualified.