Pursuant to Regulation 30 and 33(3)(d) of the SEBI LODR Regulations, 2015, the Board of Directors in its meeting held today, i.e. Friday, 14 November 2025, inter alia considered and approved ....
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Viksit Engineering's board approved standalone unaudited results for Q2 FY26 and H1 FY26. Revenue from operations for the quarter was Rs 41.09 lakh against nil in the year-ago quarter, with a net profit of Rs 36.14 lakh versus a loss of Rs 27.51 lakh earlier. For the half year, the company reported revenue of Rs 41.09 lakh and a net profit of Rs 22.66 lakh, a turnaround from a loss of Rs 56.96 lakh in H1 FY25. Other equity remains deeply negative at Rs (287.89) lakh, leaving shareholders' funds at Rs (262.99) lakh. The company recently emerged from the corporate insolvency resolution process (CIRP) after the NCLT approved a resolution plan in February 2025, and is still working on residual steps like share capital reduction and fresh equity issuance.
The swing to profit is encouraging but the auditor has flagged a going concern doubt due to past losses, lack of regular operations and eroded net worth. Pending share capital reduction and fresh issuance mean existing shareholders face significant dilution risk; the stock should be treated as a high-risk turnaround play rather than a stable business.