Veto Switchgears And Cables Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
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On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 0.9 pts more than its Consumer Electronics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Veto Switchgears posted strong growth in Q3 FY26. On a standalone basis, total income rose to Rs. 7,221.92 lacs from Rs. 5,647.08 lacs a year ago (~28% YoY), while net profit jumped to Rs. 641.92 lacs from Rs. 383.79 lacs (~67% YoY). For the nine-month period, standalone total income grew to Rs. 17,742.55 lacs from Rs. 15,379.62 lacs, with net profit at Rs. 1,583.13 lacs vs Rs. 1,357.69 lacs. On a consolidated basis, Q3 total income rose to Rs. 9,477.32 lacs (~23% YoY) and net profit after minority interest climbed to Rs. 627.16 lacs from Rs. 363.33 lacs (~73% YoY). Segment-wise, Wire & Cables, Lighting & Fittings, and Accessories all contributed to growth. EPS for the quarter stood at Rs. 3.36 (standalone) vs Rs. 2.01 last year.
The strong double-digit revenue growth, sharp PAT expansion, and improving operating margins suggest healthy business momentum and better cost efficiency. This is a positive set of numbers for shareholders and could support a positive market reaction.