THE UN-AUDITED FINANCIAL RESULTS FOR QUARTER / HALF YEAR ENDED SEPTEMBER 2025 BOTH STANDALONE AND CONSOLIDATED INCLUDING SEGMENT RESULT, ASSETS LIABILITIES AND CASH FLOW STATEMENT APPROVED ....
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Veejay Lakshmi Engineering Works Limited reported unaudited results for Q2 FY26 and H1 FY26 ended September 30, 2025, showing a sharp turnaround in profitability. Standalone net profit swung to ₹487.48 lakhs in Q2 FY26 (from a loss of ₹42.88 lakhs in Q2 FY25) and H1 FY26 PAT came in at ₹663.85 lakhs versus a loss of ₹400.94 lakhs a year ago. However, Q2 standalone revenue fell about 15% year-on-year to ₹1,948.17 lakhs, even though H1 revenue edged up roughly 2% to ₹3,980.26 lakhs. The Textile Division continues to drive the bulk of revenue (~76%), while the Engineering Division remains smaller and weaker. Auditor NRD Associates issued an unmodified limited review opinion on both sets of results.
The swing back to profit is a positive signal for shareholders, but the falling quarterly revenue, persistently negative operating cash flow, and elevated debt levels (long-term borrowings of ₹2,142 lakhs against equity of ₹1,139 lakhs) suggest the recovery still needs to prove its durability.