Pursuant to Regulation 30 and 33 of the Securities and Exchange Board of India (Listing obligations and Disclosure Requirements) Regulations, 2015 ('the Listing Regulations'), we wish to ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Veer Energy & Infrastructure reported a sharp fall in operating revenue for Q3 FY26 at ₹23.61 lakhs versus ₹77.70 lakhs in Q3 FY25, a drop of roughly 70%. For the nine months ended December 2025, revenue from operations came in at ₹372.21 lakhs against ₹745.70 lakhs in the prior-year period, a near 50% decline. Despite the revenue slump, the company posted a profit after tax of ₹35.53 lakhs in Q3 (vs ₹7.25 lakhs a year ago), supported by higher other income of ₹8.47 lakhs. Nine-month PAT was marginally higher at ₹81.40 lakhs versus ₹76.65 lakhs last year. The statutory auditor (Jayesh R. Shah & Co.) issued a clean limited review report with no qualifications or adverse observations. The company continues to operate in a single segment, Infrastructure.
The steep drop in core operating revenue is a red flag and suggests business activity is contracting meaningfully, even though bottom-line numbers held up due to non-operating income. Small-cap investors should monitor upcoming quarters closely to see if the revenue decline stabilises or if profitability remains dependent on other income.