Unaudited Standalone & Consolidated Financial results for the third quarter ended 31st December 2025
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Veto Switchgears reported strong Q3 FY26 results with standalone revenue from operations rising about 30% year-on-year to Rs. 70.37 crore (from Rs. 54.12 crore in Q3 FY25). Standalone net profit after tax jumped roughly 67% to Rs. 6.42 crore versus Rs. 3.84 crore a year earlier, pushing EPS to Rs. 3.36 from Rs. 2.01. On a consolidated basis, revenue from operations grew about 24.5% to Rs. 94.22 crore and net profit after tax surged around 73% to Rs. 6.27 crore. For the nine-month period, standalone PAT rose about 17% to Rs. 15.83 crore on Rs. 171.75 crore of operating revenue. The results were limited-reviewed by new statutory auditor S G C O & Co LLP, which gave an unmodified conclusion; the prior year comparable figures had been reviewed by predecessor auditor C A S & Co, indicating a change of audit firm during the year.
Sharp double-digit growth in both revenue and profit across standalone and consolidated books signals strong operational momentum for shareholders and is likely to be viewed positively by the market, though investors should note the change of statutory auditor from C A S & Co to S G C O & Co LLP.