Veto Switchgears And Cables Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Veto Switchgears And Cables Limited reported strong full-year performance for FY26. Standalone total income grew 14% to Rs 25,399.05 Lacs from Rs 22,266.20 Lacs, with net profit rising 10.7% to Rs 2,383.22 Lacs. On a consolidated basis, the company showed even stronger growth with total income up 28% to Rs 38,866.43 Lacs and net profit up 12.7% to Rs 2,458.35 Lacs compared to FY25. Q4 standalone net profit was flat at Rs 800.07 Lacs versus Rs 794.73 Lacs in Q4 FY25. The Board recommended a final dividend of Rs 1 per share (10% of face value). Statutory auditors issued an unmodified opinion on the financial results. The company also re-appointed its internal auditor and cost auditor for FY27.
The 28% consolidated revenue growth and double-digit profit growth indicate solid operational performance. The recommended dividend maintains shareholder returns. Clean audit with unmodified opinion removes any red flags for investors.