Audited Financial results (Standalone and consolidated) for the financial year ended 31 march, 2026 alongwith auditors report thereon.
VETO · price
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Veto Switchgears and Cables reported strong annual results for FY 2025-26. Standalone total income rose 14% to Rs 25,399 Lacs from Rs 22,266 Lacs, while consolidated total income grew 28% to Rs 38,866 Lacs from Rs 30,293 Lacs. Net profit on standalone basis increased 10.7% to Rs 2,383 Lacs (vs Rs 2,152 Lacs), and consolidated net profit rose 12.7% to Rs 2,458 Lacs (vs Rs 2,182 Lacs). The company recommended a final dividend of Rs 1 per share (10% on Rs 10 face value). The statutory auditor issued an unmodified (clean) opinion on both standalone and consolidated results. Key segment performance showed Wires & Cables, Lighting & Fixtures, and Accessories all contributing to growth.
The company delivered healthy top-line growth of 14-28% and double-digit profit growth, with the consolidated entity showing stronger performance. The recommendation of dividend and clean audit opinion are positive signals for shareholders. However, the PAT growth of ~10-13% did not reach the 25% threshold that would indicate exceptional performance.