BOARD MEETING OUTCOME TO CONSIDER AND APPROVE UN-AUDITED FINANCIAL RESULTS WITH LIMITED REVIEW REPORT FOR THE QUARTER ENDED DECEMBER 31, 2025.
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Veer Global Infraconstruction reported weak Q3 FY26 results with revenue from operations falling to ₹204.79 lakh (vs ₹240.00 lakh in Q3 FY25), a decline of about 15% year-on-year. Net profit for the quarter dropped to ₹32.51 lakh from ₹52.37 lakh, down roughly 38% YoY, pushing EPS down to ₹0.21 from ₹0.33. For the nine months ended December 2025, revenue fell to ₹481.65 lakh from ₹749.40 lakh (down ~36%) and net profit slipped to ₹103.35 lakh from ₹148.46 lakh. The board also approved signing an LLP agreement with Parshwa Realtors LLP and passed an enabling resolution to convert a loan into securities. The statutory auditor issued an unmodified limited review report with no qualifications.
Sharply lower revenue and profits signal continued business slowdown and could weigh negatively on the stock. The approved loan-to-equity conversion may lead to future equity dilution for existing shareholders, while the new LLP venture hints at a diversification attempt.