Veranda Q3 profit jumps, plans Rs140Cr term loan to redeem NCDs
VERANDA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.7 pts less than its Other Consumer Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Veranda Learning posted Q3 FY26 consolidated revenue of Rs116.80Cr, up from Rs77Cr YoY. Nine-month revenue reached Rs349.12Cr vs Rs270.33Cr, a 29% jump. PAT swung to a profit of Rs12.58Cr in Q3 from a Rs17Cr loss YoY. Board also approved a Rs140Cr term loan from City Union Bank to redeem existing NCDs. Results include an exceptional Rs133.38Cr gain from a share-swap deal making SNVA an associate.
Strong revenue growth and return to profitability signal recovery, though the profit swing relies heavily on a one-time exceptional gain from the SNVA share swap.